Bonus Saver
Boost your savings when you make no withdrawals in a calendar month. Start building a strong financial future with no minimum deposit.
- Base rate
- 0.1%
- Bonus rate
- 5%
- conditions apply
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable Earn a base rate on all balances, plus if you deposit at least $100 and make no withdrawals in a calendar month you'll receive the bonus rate on your savings. | 0.1% | — | monthly |
| Bonus Deposit at least $100 and make no withdrawals in a calendar month to receive the bonus rate on your savings. · Bonus interest when you deposit at least $100 in a calendar month. · Bonus interest when you make no withdrawals in a calendar month. | 5% | $0 - $100,000 | monthly |
| Bonus Deposit at least $100 and make no withdrawals in a calendar month to receive the bonus rate on your savings. · Bonus interest when you deposit at least $100 in a calendar month. · Bonus interest when you make no withdrawals in a calendar month. | 4.65% | $100,000.01 - $1,999,999.99 | monthly |
| Bonus Deposit at least $100 and make no withdrawals in a calendar month to receive the bonus rate on your savings. · Bonus interest when you deposit at least $100 in a calendar month. · Bonus interest when you make no withdrawals in a calendar month. | 2.65% | $2000000+ | 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
- Bill payment (BPAY) — Pay your bills via BPAY®
- Digital banking — Access your funds through Online Banking and App, and by visiting your nearest branch
- Set up direct credits and direct debits
- Interest calculated daily and credited to your account on the last day of the calendar month
- Real-time payments (NPP)
- PayID
Eligibility
- One personal account or one personal joint account per person can be applied
- 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 3f147739-6090-4a17-9690-05284e62a820 · View on CDR.gov.au