Qantas Points Saver
Saving has never been more rewarding. Earn more than just interest, plus get a complimentary Qantas Frequent Flyer membership*.
- Base rate
- 4.25%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 4.25% | — | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| Application Fee | Upfront | $0.00 |
| 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 |
| Inward cheque rejection fee 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. |
Features
- Loyalty program — Qantas Frequent Flyer
- Receive a complimentary Qantas Frequent Flyer membership
- No penalties for withdrawing funds
- Qantas Points can be earned on balances up to $1,000,000
- Earn 400 Qantas Points* per annum for every $1000 of your balance, credited monthly
- Bill payment (BPAY) — BPAY
- Digital banking
- Access via Online Banking or App
- Set up direct debits and direct credits
- Real-time payments (NPP)
Eligibility
- Individuals onlyQantas Point Saver is only available to personal members
- 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 d1b7df1e-f639-4fbd-872b-6d76ce0b39a9 · View on CDR.gov.au