1 live product
Defence Bank
Best available rate
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…
Bank One
Best available
Up to 4.65% p.a.
Line-up
1 live product
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%.
1 live product
Best available rate
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
1 live product
Best available rate
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.
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 |
Every tracked savings accounts option from Defence Bank.
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.
| 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 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.
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.
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.
Both Defence Bank and People's Choice require meeting monthly conditions to earn their full bonus rates.
Bank Two
Best available
Up to 4.50% p.a.
Line-up
1 live product
| Yes |
| Balance Cap | $1,000,000 | $100,000 |
Defence Bank currently offers a 0.15% higher savings rate.
Based on current rates, Defence Bank pays approximately $75 more in interest per year on a $50,000 balance. This is based on the headline rate difference of 0.15% p.a.
Keep Comparing
Keep Comparing