From today we’ll be reducing all new term deposits by 0.20% (excluding term deposits with balances less than $5,000).

Our Term Deposit rates continue to remain competitive, leading the marketing in many tiers. We beat the big 4 banks, compare us today.

To assist some of our self-funded retirees we will not be reducing deposit rates on our Retirement Savings Account.

All deposits with Qudos Bank are covered by the Australian Government Financial Claims Scheme which means that deposits up to $250,000 per customer are protected by the government guarantee.

Published Tuesday, 21 July 2020