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