Qsaver
Savings made simple. Take your savings to the next level, with Qudos Bank's QSaver.
- Base rate
- 4.45%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 4.35% | $0 - $499,999.99 | monthly |
| Variable | 4.45% | $500,000 - $1,999,999.99 | monthly |
| Variable | 2.75% | $2,000,000+ | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| SMS Banking Requests 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 also charge you a fee for sending and receiving SMS. Note: This service is not to be mistaken with QSafe SMS Authentication – which is a free service. | Event | $0.25 |
| Domestic Telegraphic Transfer This fee applies to telegraphic transfers on behalf of Members, arranged via Westpac. This fee will be charged at the time of the transfer | Event | $20.00 |
| International telegraphic transfer online 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. | Event | $10.00 |
| International telegraphic transfers phone or email assisted (sent in foreign currency) | Event | $30.00 |
| Foreign Cheque Deposits AUD$5,000 and over This fee applies to foreign cheques deposited on behalf of Members, via Convera. This fee will be charged at the time of the deposit. | Event | $50.00 |
Features
- Digital banking — Instant funds transfer through Online Banking and App
- Instant funds transfer through Online Banking and App
- Grow your savings easily with no card access
- Make external transfers to any Australian bank account
- No minimum balance or fixed term
- Bill payment (BPAY) — BPAY
- Set up direct debits and direct credits
- Real-time payments (NPP)
- PayID
Eligibility
- Residency status — Australian ResidentThis product is only available to members who have a residential address in Australia.
More Information
Published by Qudos Bank under the Consumer Data Right · Last updated 19 May 2026 · Product ID 0163af4a-b66d-4b8f-9742-5c6a8a844f55 · View on CDR.gov.au