---
title: "Kids Club Savings — Defence Bank"
description: "Transaction & Savings Accounts from Defence Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/defence-bank/products/111
source: "CDR Compare"
language: en-AU
last_updated: 2026-05-20T00:00:00.000+10:00
---

# Kids Club Savings — Defence Bank

> Transaction & Savings Accounts from Defence Bank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts · Defence Bank Limited**

Defence Bank Kids Club savings account is the way to go for those aged 0-11 years.

## At a glance

- **Base rate:** 5%

## Apply

Applications are handled by the provider: [Apply at Defence Bank](https://join.defencebank.com.au)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable (Interest is calculated daily on the closing balance and credited on 31 March each year.) | 5% | — | yearly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Same day transfers (via Swift/RTGS) - Inward — Charged when funds transferred via Swift/RTGS (same day). | Event | $6.80 |
| Same day transfers (via Swift/RTGS) - Outward — Charged when funds transferred via Swift/RTGS (same day). | Event | $11.80 |
| Record search fee — Charged where you request we search our records and retrieve documents. | Event | $50.00 |
| Dormant fee — This fee may be charged in certain circumstances when your membership is redeemed by us due to non-activity of more than 12 months. | Event | $20.00 |
| Ultimate Package annual fee — Charged yearly · Package related to a home loan Ultimate Package. | Ongoing | $96.00 |
| Dishonours (if insufficient funds) — We don't charge a fee for dishonours | Event | $0.00 |
| EFTPOS transactions — We don't charge a fee for EFTPOS transactions | Event | $0.00 |
| PayTo — We don't charge a fee for PayTo | Event | $0.00 |
| Pay anyone using a BSB and account or PayID — We don't charge a fee for Pay anyone using a BSB and account number or PAYID | Event | $0.00 |
| Internal transfers between Defence Bank accounts — We don't charge a fee for Internal transfers between Defence Bank accounts | Event | $0.00 |
| Monthly account-keeping fee — We don't charge a monthly account-keeping fee | Ongoing | $0.00 |
| BPAY — We don't charge a fee for BPAY | Event | $0.00 |

## Features

- **Unlimited transactions** — No account fees, No fees for deposits or withdrawals, No Online Banking fees including external transfers and auto transfers. No minimum deposit.
- **Free transactions**
- **High interest**

## Eligibility

- **Maximum age** — 11 years (The Defence Bank Kids Club account is the way to go for those aged 0-11 years.)

## More information from Defence Bank

- [Overview](https://www.defencebank.com.au/banking/savings-accounts/kids-club-account/)
- [Terms & conditions](https://www.defencebank.com.au/tools-and-advice/legal-and-compliance/disclosure-documents/)
- [Eligibility](https://www.defencebank.com.au/banking/savings-accounts/kids-club-account/)
- [Fees & pricing](https://www.defencebank.com.au/banking/savings-accounts/kids-club-account/)

## Data provenance

- Published by Defence Bank under the Consumer Data Right
- Product ID: `111`
- Last updated by the provider: 19 May 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/defence-bank/111
- Provider page: https://www.cdrcompare.au/brands/defence-bank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000117

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/defence-bank/products/111) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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