Effective from Thursday the 5th of August there will be new interest rates applying to the following products:

  • QSaver
  • Bonus Saver
  • DIY Super Saver
  • Qantas Points Saver
  • Cash Management Accounts
  • Retirement Savings Accounts
  • Pensions

The new rates will be as follows

Qantas Points Saver

  • 0.45% p.a. on all balances

Cash Management Account

  • 0.45% p.a. on all balances

QSaver

  • 0.60% p.a. on $500,000 & over
  • 0.50% p.a. on below $500,000

Bonus Saver

  • Base rate: 0.05% p.a.
  • Bonus rate: 0.65% p.a*
  • Maximum base rate: 0.70% p.a.

DIY Super Saver

All balances
  • Base rate: 0.35% p.a.
  • Bonus rate: 0.35% p.a.*
  • Maximum base rate: 0.70% p.a.
Below $10,000
  • Base rate: 0.35% p.a.
  • Bonus rate: 0.00% p.a.
  • Maximum base rate:0.35% p.a.

*Bonus rate applied if no withdrawals are made during the month

Retirement Savings Account

$1 million & over
  • Rate (before tax): 1.00%
  • Rate (after tax): 0.85%
$500,000 to $999,999.99
  • Rate (before tax): 1.00%
  • Rate (after tax): 0.85%
$250,000 to $499,999.99
  • Rate (before tax): 0.75%
  • Rate (after tax): 0.6375%
$50,000 to $249,999.99
  • Rate (before tax): 0.75%
  • Rate (after tax): 0.6375%
Below $50,000
  • Rate (before tax): 0.10%
  • Rate (after tax): 0.085%

Allocated Pensions

$1 million & over

  • Rate: 1.00%

$500,000 to $999,999.99

  • Rate: 1.00%

Below $500,00

  • Rate: 0.75%

Remember, your money is protected with us, as it’s guaranteed by the government guarantee up to $250,000 per customer. So, you can count on us to make sure your hard-earned savings are in good hands.

For more information, please visit qudosbank.com.au or if you have any questions, please contact us on 1300 747 747.


Published Thursday, 5 August 2021