Qudos Bank
Qsaver
Savings made simple. Take your savings to the next level, with Qudos Bank's QSaver.
Savings & transaction accountsBank updated 20 May 2026
At a glance
- Base rate
- 2.75%
§ 01 — Rates · 3
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | — | — | up to $500,000 | 4.35% | — | paid every 1 mo |
| Variable | — | — | $2,000,000+ | 2.75% | — | paid every 1 mo |
| Variable | — | — | $500,000–$2,000,000 | 4.45% | — | paid every 1 mo |
§ 02 — Fees · 12
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Inward cheque rejection fee | Deposit | $15 | — | This fee is applied for each cheque deposited to a Member's account which is subsequently rejected. This fee will be charged at the time of the rejection. |
| Copies of documents other than statements | Event | No fee | — | No charge applies for copies of documents such as loan or withdrawal forms. |
| Domestic Telegraphic Transfer | Event | $20 | — | This fee applies to telegraphic transfers on behalf of Members, arranged via Westpac. This fee will be charged at the time of the transfer |
| Electronic debit rejection fee | Event | No fee | — | — |
| Foreign Cheque Deposits AUD$5,000 and over | Event | $50 | — | This fee applies to foreign cheques deposited on behalf of Members, via Convera. This fee will be charged at the time of the deposit. |
| Foreign Cheque Deposits under AUD$5000 | Event | $20 | — | This fee applies to foreign cheques deposited on behalf of Members, via Convera. This fee will be charged at the time of the deposit. |
| International telegraphic transfer online | Event | $10 | — | At the request of Members, we can provide certain foreign exchange and payment services. We may receive a commission for providing these services to you, refer to our FSG for details. |
| International telegraphic transfers phone or email assisted (sent in foreign currency) | Event | $30 | — | — |
| SMS Banking Requests | Event | $0.25 | — | This fee applies to each SMS Banking message sent to your mobile phone. The fee will be debited to your main savings account (S0) at the time the SMS is sent. Your telecommunications provider may als… |
| Statement Copies | Event | $5 | — | This fee is applied when a Member requests a copy of a statement on an account for a period more than 3 months before the request. There is no charge for copies of statements less than 3 months old.… |
| Account Keeping Fee | Periodic | No fee | Every 1 yr | — |
| Dormant Accounts | Periodic | $10 | Every 1 yr | This fee is applied if one or more savings accounts under a member number have been classified as dormant. An account is classified as dormant if there have been no member-initiated transactions for… |
§ 03 — Features
Instant paymentsPayIDDigital banking
- · Grow your savings easily with no card access
- · Make external transfers to any Australian bank account
- · No minimum balance or fixed term
- · Set up direct debits and direct credits
§ 04 — Eligibility & limits
- · Residency: Australian Resident
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Qudos Bank under the Consumer Data Right, last changed by them on 20 May 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.