Qudos Bank is aware of an issue where some members are being incorrectly charged a fee when using certain Westpac-affiliated ATMs. Learn more
Planned maintenance - Online Banking Services - Sunday 14 September - Find out more
A redraw facility allows you to take back the extra payments you have made on your loan account. For instance, if you pay $3,200 each month instead of the minimum $3,000 for six months, you'll have an extra $1,200 in your account. With a redraw facility, you could easily access that extra money if you need it, without having to go through the hassle of applying for a new loan or credit.