Qudos Bank

Term Deposits

Qudos Bank is a mutual organisation, owned and operated for the benefit of its members. As a mutual, any member over 18 years of age has the ability to vote as a shareholder of the company.

Formerly known as Qantas Staff Credit Union, Qudos Bank has a long history, having been founded in 1959 by a group of Qantas Airways staff who decided to pool their funds to get more competitive loans and savings accounts.

Today, Qudos Bank provides the same financial security with an A2 investment grade rating, offering up not just attractive home loans but also a competitive range of credit cards, personal loans and savings accounts.

All rates are based on a balance of $50000 for a term of 3 months.
Company Qudos Bank
Nominal Rate 2.50%
Effective Rate 2.52%
Payment Frequency At Maturity
Partial Withdrawal Penalty N/A
Compounding Interest No

Product Features

Can the institution send an email to you on maturity?
Can the institution call you on maturity?
Whether your term deposit account will automatically roll over to a new account with the same term once it reaches maturity if you do not instruct otherwise
Whether the interest dividend can be paid into an account held with another financial instituion

These term deposits are ranked by nominal interest rate on a balance of $50,000.

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