If you're big on savings you'll love our Qantas Points Saver - where you can earn more than interest on your savings.



Your deposits are safe with us

Eligible deposit accounts held with Qudos Bank are protected under the Financial Claims Scheme up to $250,000 per customer. Read more on our Government Guarantee on Deposits page.

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Maximise your Qantas Points with our Qantas Points Banking range!

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Use our full range of savings calculators to help you better manage your finances. Our calculators include a Budget Planner, Term Deposit Calculator and more.

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Qantas Points* plus 4.25 % p.a. Interest rate


Open a Qantas Points Saver account

Are you an existing Qudos Bank member?

Open your Qantas Points Saver account in Online Banking

Open your account online in just a few easy steps!

1. Login to Online Banking.

2. Click on the Apply and Create Account buttons in the top menu.

Before you can apply for a Qantas Points Saver account, you'll need to become a member of Qudos Bank.

It's easy to join online in just a few minutes!

1. Open a Qantas Points Saver account online.

2. Once you've opened your account, login to Online Banking.

Note: to open a new joint account both parties must be present

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* 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 and provide your Qantas Frequent Flyer Membership number to us to earn and redeem Qantas Points. The standard joining fee is waived for 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.

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