Cadet Saver
Created especially for young cadets aged 12 to 17 years, our Cadet Saver account will have you and your savings looking good.
- Base rate
- 5%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 5% | — | yearly |
Fees
| Fee | Type | Amount |
|---|---|---|
| Emergency cash When you request emergency cash while overseas other than through an ATM. The maximum amount of emergency cash available is $1,000 (at our discretion). | Event | $0.00 |
| Emergency card replacement When you request that we replace your Visa card while you are overseas. | Event | $0.00 |
| Overseas ATM cash withdrawals or balance enquiries fee We don't charge a fee Overseas ATM Cash withdrawals or balance enquiries | Event | $0.00 |
| Bank@Post™ For each cheque deposited through the Bank@Post system and subsequently dishonoured. | Event | $21.72 |
| Replacement Visa card within Australia We don't charge a fee for Replacement Visa card within Australia | Event | $0.00 |
| Bank@Post (withdrawals and deposits) We don't charge a fee for Bank@Post (withdrawals and deposits) | Event | $0.00 |
Features
- Lock & Block
- Card access — Set your own pin
- Card access — Your choice of camo-coloured Visa Debit Card - blue, gree, grey or pink.
- Choice of Visa Debit card
- Unlimited transactions
- Free transactions — Access to more than 7,000 fee-free local ATM's
- No monthly account-keeping fees
- Digital banking — Digital banking with our award wining App
- Bank@Post — Bank@Post facility available
Eligibility
- Maximum age — 17 years
- Minimum age — 12 years
- Created especially for cadets aged 12 to 17 years, our Cadet Saver account will have you and your savings looking good.
Constraints
- Maximum balanceAvailable only for deposits up to $1 million.
More Information
Published by Defence Bank under the Consumer Data Right · Last updated 19 May 2026 · Product ID 122 · View on CDR.gov.au