Defence Bank Max E Saver
Bonus rate
Max eSaver is a straightforward, fuss-free bonus savings option that simply does what it says: maximises your savings in an easy online account.
- Base rate up to
- 0.10%
- Introductory rate
- None
- Maximum balance
- None published
Rate with bonus, up to
Rates by balance
| Balance | Base rate | Bonus | Total |
|---|---|---|---|
| Any balance | 0.10% | +5.20% | 5.30% |
How to earn the bonus
Interest is calculated daily on the closing balance and credited on the last day of each month.
Who can open it
- Age to open
- Any
- Maximum balance
- None published
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
5.30%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
0.10%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- A higher rate. Up to 5.30%, above the typical 3.65%. On $10,000 that's about $530 a year.
Cons
- A low base rate. Only 0.10% in any month you miss the bonus conditions.
- Conditions for the bonus. Interest is calculated daily on the closing balance and credited on the last day of each month. Miss them in a month and you earn the base rate.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 5.30%
- Bonus conditions
- None
- Most it pays
- 5.30%
- Bonus conditions
- None
- Most it pays
- 5.30%
- Bonus conditions
- None
