1 live product
Defence Bank
Best available rate
4.65%p.a.
Max eSaver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.10%
Bonus
4.55%
Conditions
Bonus rules apply
Finding the best rates…
Savings Accounts Comparison
Bank One
Defence Bank
Best available
Up to 4.65% p.a.
Line-up
1 live product
VS
Defence Bank vs People's Choice
Compare Defence Bank and People's Choice savings accounts side by side. In March 2026, Defence Bank offers 1 account with rates up to 4.65% p.a., while People's Choice has 1 account reaching 4.50% p.a. Defence Bank currently leads by 0.15%.
VS
1 live product
People's Choice
Best available rate
4.50%p.a.
Dream Fund
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.01%
Bonus
4.49%
Conditions
Bonus rules apply
Live edge
Defence Bank leads on headline savings rate by 0.15% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
0.15% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Defence Bank | People's Choice |
|---|---|---|
| Max rate | 4.65% | 4.50% |
| Base rate | 0.10% | 0.01% |
| Bonus rate | 4.55% | 4.49% |
| Has conditions | Yes | Yes |
All Defence Bank Products
Every tracked savings accounts option from Defence Bank.
All People's Choice Products
Every tracked savings accounts option from People's Choice.
In March 2026, Defence Bank's Max eSaver offers up to 4.65% p.a. (0.10% base + 4.55% bonus), while People's Choice's Dream Fund reaches 4.50% p.a. (0.01% base + 4.49% bonus). Defence Bank currently leads by 0.15% p.a.
Defence Bank's rate applies on balances up to $1,000,000.
Defence Bank has 1 savings product and People's Choice has 1, giving you a range of options to compare.
Quick Comparison
| Feature | Defence Bank | People's Choice |
|---|---|---|
| Max Rate | 4.65% | 4.50% |
| Base Rate | 0.10% | 0.01% |
| Bonus Rate | 4.55% | 4.49% |
| Conditions Required | Yes |
Common Questions
Defence Bank vs People's Choice FAQs
Which bank has the better savings rate, Defence Bank or People's Choice?
Defence Bank currently offers the higher rate at 4.65% p.a., compared to 4.50% p.a. Rates are sourced from live data and change frequently.
What is Defence Bank's best savings account rate in 2026?
Defence Bank's best savings rate is 4.65% p.a. on the Max eSaver, consisting of a 0.10% base rate and 4.55% bonus rate. This rate requires meeting monthly bonus conditions.
What is People's Choice's best savings account rate in 2026?
People's Choice's best savings rate is 4.50% p.a. on the Dream Fund, consisting of a 0.01% base rate and 4.49% bonus rate. This rate requires meeting monthly bonus conditions.
Do Defence Bank and People's Choice savings accounts have conditions?
Both Defence Bank and People's Choice require meeting monthly conditions to earn their full bonus rates.