Qudos Bank Bonus Saver

savings accountstaleterms checked

Bonus Saver is a savings account from Qudos Bank. At $50,000 it pays 5.35% p.a. in a month in which the conditions below are met and 0.10% when they are not.

Rate tiers

Every balance band in the bank's feed as corrected (see Data): base is the rate when the bonus conditions are not all met, bonus the add-on for meeting them, conditional the two together.

Each rate is paid on the whole balance: the balance falls into one band and earns that band's rate.

The bonus is paid on top of the base rate in a month in which the conditions are met; conditional is the two together, and the base rate is what is paid otherwise.

The bonus rate changes with the balance; the bands above show what the feed states for each.

Conditions

For the bonus rate

• deposit $100 or more each month
• no withdrawals in the month

In the bank's own words, as its feed states each condition on the bonus rate:

• monthly depositBonus interest when you deposit at least $100 in a calendar month.
• withdrawalsBonus interest when you make no withdrawals in a calendar month.

Other conditions

• not updated by the bank since 2026-10-14, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
• one rate applies to the whole balance, so above $100,000 the total rate is 5.00%, not a stepped blend

Features

app

yes

Osko

yes

PayID

yes

BPAY

yes

joint accounts

yes

Other features, in the bank's words:

• Set up direct credits and direct debits
• Interest calculated daily and credited to your account on the last day of the calendar month

Fees, limits and who can open it

monthly fee

$0

interest paid

monthly

interest calculated

daily

open to

personal customers

Who can open it, in the bank's own words:

• One personal account or one personal joint account per person can be applied
• residency: This product is only available to members who have a residential address in Australia: Australian Resident

About this account

Boost your savings when you make no withdrawals in a calendar month. Start building a strong financial future with no minimum deposit.

Data

• Qudos Bank's own page for this account.
• The bank's documents its product record links to: terms and conditions, fees, eligibility.
• Our verbatim snapshot of the bank's product record (source), as fetched on 22 October 2026.
• The rates above correct the bank's product data from its own page, checked on 1 November 2026: "One interest rate applies to the entire balance." The snapshot keeps the product data as published.
• We read the bank's own page and terms against this page on 1 November 2026: bonus-saver, savings-accounts-rates, savings-accounts-payment-services, T748+Savings+Account+TCs+Update_2-June_25_FA, new-to-bank-terms-and-conditions; conditions they state and its feed does not are listed above.
• /au/finance/savings-accounts/v1/brands/qudos-bank.json: this bank's accounts and every balance band as JSON; Qudos Bank's page lists them.
• The bank last updated this record on 14 October 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.

Other accounts at Qudos Bank

• DIY Superstale savings account, 4.95% conditional at $50,000
• Qantas Points Saverstale savings account, 4.50% base at $50,000
• Qsaverstale savings account, 4.60% base at $50,000
• Retirement Savings Accountstale savings account, 3.44% base at $50,000
• Cash Management Accountstale cash management account, 3.75% base at $50,000
• General Savings Accountstale transaction account, 0.05% base at $50,000

All of Qudos Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.