Savings accounts

Reach your savings goals faster with Qudos Bank

Build your financial future one deposit at a time

Whether you're saving for a house deposit, new car or dream holiday - we’re here to help make it happen

Your future starts with your savings

Bonus Saver

Boost your savings when you make no withdrawals in a calendar month. Start building a strong financial future with no minimum deposit.

  • Base rate of 0.05% p.a. applies to all balances
  • Bonus rate of 4.70% p.a. when no withdrawals in a calendar month~
  • Interest calculated daily & credited monthly
Base rate + Bonus rate = total
4.75
%p.a.
Interest rate
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QSaver

Savings made simple. Take your savings to the next level, with Qudos Bank's QSaver. Interest rate of 4.45% p.a. applies for balances above $500,000.

  • $0 account keeping fees
  • No minimum balance or fixed term
  • Direct debit and external funds transfer available
Balances under $500,000
4.35
%p.a.
Interest rate
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Qantas Points Saver

Saving has never been more rewarding. Earn more than just interest, plus get a complimentary Qantas Frequent Flyer membership*.

  • Earn 400 Qantas Points* per annum for every $1,000 of your average balance
  • Qantas Points can be earned on balances up to $1,000,000*
  • No penalties for withdrawing funds
Qantas Points* plus
4.25
%p.a.
Interest rate
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View all our Savings Accounts rates

Set your kids up for success right from the start

Kids can start saving with Qudos Bank from any age with our youth membership.

Discover our youth membership

Find the option that's best for you

Bonus Saver
QSaver
Qantas Points Saver
Cash Management Account
General Savings Account
Bonus Interest Rate~
Account Keeping Fee
0
0
0
0
0
Monthly Fee
0
0
0
0
0
Minimum Amount
0
0
0
0
0
Fixed Term
Card Access
Bank@Post Deposit Book#
BPAY Payments
Direct Credits
Direct Debits
Qantas Points*
Compare our rates

Got more questions? Let's chat.

It's easy to open an account online but we know sometimes things aren't always that simple.Get in touch with our friendly team today, we’re here to make your banking experience as simple as possible.

Helpful Tips and Guides

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Important Information

*Qantas Points accrue in accordance with and subject to the Qantas Points Banking Terms and Conditions. You must be a member of the Qantas Frequent Flyer program to earn and redeem Qantas Points. A joining fee may apply, however, Qudos Bank has arranged to provide Qantas Frequent Flyer membership with the joining fee waived to Qudos Bank members who are not already a Qantas Frequent Flyer member and who apply at qantas.com/joinffqudos. Membership and the earning and redemption of Qantas Points are subject to the terms and conditions of the Qantas Frequent Flyer program available online at qantas.com/terms. This offer is non transferable and not available in conjunction with any other offer. Qantas Frequent Flyer membership and each application is subject to approval by Qantas. Qudos Bank recommends that you seek independent tax advice in respect of the tax consequences (including fringe benefits tax, and goods and services tax and income tax) arising from the use of this product or from participating in the Qantas Frequent Flyer program or from using any of the rewards or other available program facilities.

Qudos Bank is the issuer, offeror and administrator of the Qantas Points Banking Products and is a credit provider and credit licensee under National Consumer Credit laws.

~ A Base rate of interest is applied. Bonus interest is applied to the balance of your account when you make no withdrawal in any calendar month.

The information on this page has been prepared without taking into account any person’s financial situation, needs and objectives. Before you make any decisions you should consider whether it is right for you and seek independent legal, financial and taxation advice.

You should read our Terms and Conditions for Savings Accounts and Payment Services and Financial Services Guide before deciding whether to obtain any of our financial products or services. Target Market Determinations available here.

Rates current as at 23 November 2023.