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.

Can the Low Cost Home Loan be the right product?

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FAQs

The Low Cost Home Loan is a great option for borrowers who want a   low variable interest rate and access to a range of home loan features that are usually included in package products (and would typically incur a package fee). It’s often particularly ideal for first-time home buyers, those who are refinancing their home, or those who want to keep their home loan costs low. However, it’s important to note that this loan may not be suitable for everyone, and there may be other loans available that better suit your needs.

At Qudos Bank, we offer a range of low rate home loan options, including variable rate loans, fixed rate loans, and package loans. We encourage you to compare all of our home loan options to determine which loan is right for you. It’s important to consider more than just which options have low home loan rates when deciding on the most suitable loan. You can compare home loan options on our website.

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