Qudos Bank Qantas Points Saver

0.50% p.a.(for $0 and over)

No Current Offer

Qudos Bank Qantas Points Saver

0.50% p.a.(for $0 and over)

No Current Offer

Mozo Review   Qudos Bank Qantas Points Saver Review

Last updated: 23 March 2020.

What's hot:
  • Earn 400 Qantas Points for every $1,000 of your balance per annum

  • No account keeping fees

What's not:
  • 0.50% standard interest rate

Mozo snapshot:

If you’re all about growing your Qantas Points balance to its full capacity, then you might want to consider the Qudos Bank Qantas Points Saver account. With this account, for every $1,000 of your balance, you’ll earn 400 Qantas Points per annum, plus you won’t pay an application fee or any account fees! 

Key features:

The Qudos Bank Qantas Points Saver account is every Qantas Points lovers dream. With the account, savers will be able to earn 400 Qantas Points per annum (credited monthly) for every $1,000 they have in the account - up to $1,000,000. And you won't have to worry about paying any account keeping, phone or internet transaction fees while you build your points stash as there are zero fees with this account!

You won’t have to drop a bundle to open the account either since there is no minimum opening deposit requirement and since this is a savings account, your interest will be paid on a monthly basis. Speaking of interest, there is a relatively low ongoing 0.50% standard rate with the account, so it’s worth weighing that up against the points you’ll be able to earn.  

Who it's good for:

The Qudos Bank Qantas Points Saver account could be a great choice for Aussies who are primarily concerned with earning Qantas Points than growing their savings. 

Any catches?

Since this is an account designed for earning Qantas Points, you’ll only earn 0.50% in interest on your balance. So if you’re looking to seriously grow your savings, you might want to consider opting for another savings account.  

Details

Rates and fees information correct as at 9 April 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • Balances from $0: 0.50% p.a.

  • n/a

  • n/a

Fees
  • $0.00

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $0.00

  • n/a

Other financial bits
  • $0.00

  • $0.00

  • Monthly

Features
  • no

  • none

  • no

  • no

  • no

  • yes

  • no

  • yes

  • yes

  • yes

  • no

  • none

  • Earn 400 Qantas Points for every $1,000 of your average monthly balance per annum.

  • none

Customer Reviews

How are Qudos Bank savings accounts rated by the Mozo community?

Overall customer rating
8.3/10
Price
8.2/10
Features
7.4/10
Customer service
8.4/10
Convenience
7.1/10
Trust
8.6/10
Qudos Bank

About Qudos Bank

Qudos Bank (previously Qantas Credit Union) is a customer owned bank and was established in 1959. Qudos Bank has an A2 investment grade rating and offers a full range of banking products including credit cards, home loans, personal loans and saving accounts.

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