Interest Rate Increase - Wednesday 6 May 2026: Following the RBA’s decision to change the official cash rate, interest rates for owner-occupier, investor and commercial variable loans will increase by 0.25%, effective 20 May 2026. From 20 May 2026, deposit rates across the majority of savings products will also increase by 0.25%. Find out more.
Emails impersonating Qantas Money - We are aware of customers receiving scam emails falsely representing Qantas Money, requesting them to “verify” a card on their account. Never respond to unexpected emails and if you're ever unsure call us on 1300 747 747. Learn more.
General savings account
Earn up to
Variable rate
On balances over $50,000
Terms and conditions apply.
Existing customer? Log in to Online Banking.
$0 account keeping fees
Enjoy no account keeping fees and no minimum deposit to open your account.
Optional Visa Debit card
Link your card to your General Savings Account to access your funds via your digital wallet, ATMs and Bank@Post.
Wide range of access
Manage your money via the app and Online Banking, or by visiting your nearest branch. You can also pay your bills via BPAY®, setup direct debits and credits and auto transfers.
Our rates & terms
Interest rate is variable, calculated daily on whole of balance and credited monthly. One interest rate applies to the entire balance. The interest rate depends on account balance.
3 steps to open your new account
Already a Qudos Bank customer?
Existing customers can open an account directly via Online Banking.
New to Qudos Bank?
Follow these 3 steps to get started.
Step 1
Before you start your application, please have your smartphone and your current Australian driver's licence or Australian passport handy.
Step 2
As part of account opening, we will verify your identity electronically through a third party provider.
Step 3
Complete your application and start using your new Qudos Bank account.
Start your application
Banking with Qudos Bank
100% Australian based contact centre
24/7 access to digital banking & digital wallets
Proudly 100% customer-owned
Your deposits up to $250,000 are safe with us
Eligible deposits held with Qudos Bank are protected under the Financial Claims Scheme up to $250,000 per account holder. Read more on our Government Guarantee on Deposits page.
Documents and forms
You might also be interested in
Government Guarantee on Deposits
Read more
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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.
BPAY is a registered trade mark of BPAY Pty Ltd ABN 69 079 137 518.
We respectfully acknowledge the Traditional Custodians of all the lands on which we live and work, and we pay our respects to Elders past and present. We recognise their continued connection to the land, waters and culture and we acknowledge that sovereignty has never been ceded. Our head offices are located on the land of the Wurundjeri Woi Wurrung people of the Kulin Nation in Victoria, and the land of the Gadigal people of the Eora Nation in New South Wales.
We are an equal opportunity employer that celebrates the diversity, equity and inclusion of all people.
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