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 a standard interest rate of 0.50%.
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. That applies on balances 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!
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, the account comes with a standard interest rate of 0.50% and there are no ongoing requirements to keep earning that rate.
The Qudos Bank Qantas Points Saver account could be a great choice for Aussies who like the idea of earning Qantas Points and an interest rate on their savings.
Since this is an account designed for earning Qantas Points, you’ll only earn 0.50% in interest on your balance which is far from the high rate on the market. So if you’re looking for an alternative to grow your savings balance even faster, you might want to consider opting for another savings account.
Balances from $0: 0.50% p.a.
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Monthly
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Earn 400 Qantas Points for every $1,000 of your average monthly balance per annum.
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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.
MyState Bank
Bonus Saver Account
1.20% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 and over)
Yes up to $250,000
HSBC
Serious Saver
0.30% p.a. (for $0 to $1,000,000)
0.15% p.a.(for $0 and over)
Yes up to $250,000
Citi
Online Saver
1.10% p.a. (for $0 to $500,000)
0.35% p.a.(for $0 and over)
Yes up to $250,000
HSBC
Flexi Saver
0.25% p.a. (for $0 to $5,000,000)
0.05% p.a.(for $0 to $5,000,000)
Yes up to $250,000
Bankwest
Hero Saver
0.80% p.a. (for $0 to $250,001)
0.01% p.a.(for $0 to $5,000,000)
Yes up to $250,000
Bank of Queensland
Fast Track Saver Account
1.05% p.a. (for $1 to $250,000)
0.05% p.a.(for $1 and over)
Yes up to $250,000
MyState Bank
Bonus Saver Account
1.20% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 and over)
Yes up to $250,000
HSBC
Serious Saver
0.30% p.a. (for $0 to $1,000,000)
0.15% p.a.(for $0 and over)
Yes up to $250,000
Up
Saver Account
1.10% p.a. (for $0 to $1,000,000)
0% p.a.(for $0 and over)
Yes up to $250,000
Citi
Online Saver
1.10% p.a. (for $0 to $500,000)
0.35% p.a.(for $0 and over)
Yes up to $250,000
HSBC
Flexi Saver
0.25% p.a. (for $0 to $5,000,000)
0.05% p.a.(for $0 to $5,000,000)
Yes up to $250,000
Bankwest
Hero Saver
0.80% p.a. (for $0 to $250,001)
0.01% p.a.(for $0 to $5,000,000)
Yes up to $250,000
Bank of Queensland
Fast Track Saver Account
1.05% p.a. (for $1 to $250,000)
0.05% p.a.(for $1 and over)
Yes up to $250,000
MyState Bank
Bonus Saver Account
0.10% p.a.(for $0 and over)
1.20% p.a. (for $0 to $250,000)
Yes up to $250,000
HSBC
Serious Saver
0.15% p.a.(for $0 and over)
0.30% p.a. (for $0 to $1,000,000)
Yes up to $250,000
Citi
Online Saver
0.35% p.a.(for $0 and over)
1.10% p.a. (for $0 to $500,000)
Yes up to $250,000
HSBC
Flexi Saver
0.05% p.a.(for $0 to $5,000,000)
0.25% p.a. (for $0 to $5,000,000)
Yes up to $250,000
Bankwest
Hero Saver
0.01% p.a.(for $0 to $5,000,000)
0.80% p.a. (for $0 to $250,001)
Yes up to $250,000
Bank of Queensland
Fast Track Saver Account
0.05% p.a.(for $1 and over)
1.05% p.a. (for $1 to $250,000)
Yes up to $250,000
Up
Saver Account
0% p.a.(for $0 and over)
1.10% p.a. (for $0 to $1,000,000)
Yes up to $250,000
ANZ
Progress Saver
0.01% p.a.(for $0 and over)
0.40% p.a. (for $0 and over)
Yes up to $250,000