Qudos Bank will increase variable interest rates in response to the RBA’s recent decision to raise the official cash rate.
Home loan variable interest rates will increase by 0.25% for owner-occupied and investment loans, effective 1 April 2026. For existing home loan customers, repayment changes will be effective from 6 May 2026.
From 1 April 2026, deposit rates across the majority of savings products will also increase by 0.25%.
Affected customers will receive more information on the changes to their rate in the coming days.
Support options are available for customers experiencing difficulty or for those concerned about the impact of rising interest rates and repayments. We encourage you to contact us to talk about your situation. For any help and further queries, customers can contact us on 1300 747 747 or visit their nearest branch.
Savings accounts
From 1 April 2026, the below rates will be available:
Qantas Points Saver
| Balance |
Interest Rate (p.a.) |
| All balances |
4.00% |
QSaver
| Balance |
Interest Rate (p.a.) |
| $500,000 & over |
4.20% |
| Below $500,000 |
4.10 |
Bonus Saver
| Saver |
Base rate (p.a.) |
Bonus Rate* (p.a.) |
Maximum Rate (p.a.) |
| All balances |
0.05% |
4.45% |
4.50% |
* Bonus Rate applied if no withdrawals are made during the calendar month
DIY Super Saver
| Balance |
Base rate (p.a.) |
Bonus Rate* (p.a.) |
Maximum Rate (p.a.) |
| $10,000 & over |
0.35% |
4.10% |
4.45% |
| Below $10,000 |
0.35% |
0.00% |
0.35% |
* Bonus Rate applied if no withdrawals are made during the calendar month
Retirement Savings Accounts
| Balance |
Interest Rate (Before Tax) (p.a.) |
Interest Rate (After Tax) (p.a.) |
| $1 million & over |
4.70% |
3.9950% |
| $500,000 to $999,999.99 |
4.70% |
3.9950% |
| $250,000 to $499,999.99 |
4.45% |
3.7825 |
| $50,000 to $249,999.99 |
4.45% |
3.7825% |
| Below $50,000 |
3.80% |
3.2300% |
| Allocated Pensions |
| $1 million & over |
4.70% |
4.70% |
| $500,000 to $999,999.99 |
4.70% |
4.70% |
| $0 to less than $500,000 |
4.45% |
4.45% |
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