From today we’ll be reducing rates to all new term deposits, existing and new Bonus Saver & DIY Super Saver products and new owner occupied, principal and interest No Frills Home Loans.
Our Term Deposit (excluding term deposits with balances less than $5,000), DIY Super Saver and Bonus Saver rates will be reduced by 0.20%. We continue to remain competitive, leading the market in many tiers and beating the big 4 banks, compare us today.
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.
We will also be reducing our rates new owner occupied, principal and interest No Frills Home Loans by 0.05%.