2,000 Qantas points when you open a new Qudos Qantas Points Saver bank account and deposit $1,000 in the first 30 days

The Qudos Qantas Points Saver is a Qantas points earning savings account. Open an account and deposit $1,000 within your first 30 days and you will receive 2,000 bonus Qantas points. A new customer is anyone who has not held a Qudos Points Saver account in the past twelve months.

Account features:

• Earn 400 Qantas points per annum for every $1000 of your account balance, credited monthly.
• Earn points on balances up to $1,000,000.
• $0 account keeping and application fees.
• No minimum balance or minimum monthly deposit.
• 4.05% p.a. interest rate.

Whilst the Qudos Points Saver earns fewer Qantas points than its Bankwest counterpart, the advantage to this account is that it also features a respectable 4.05% interest rate. Both are worth signing up for the bonus points offers they’re currently running but the Qudos Points Saver is the only one of the two worth using as a savings account.

It’s also worth keeping in mind that the bonus points will be credited “within three months after the Promotion Period ends” so if you were hoping to receive the points quickly, this offer may not be for you.

What are 2,000 Qantas points worth? It depends on how you redeem them:

Terms and conditions

1. QUDOS BANK will allocate 2000 bonus Qantas Points to a deposit customer for each Eligible Qantas Points Saver opened within the Promotion Period on the terms and conditions set out in this document.
2. Defined terms:
   Promotion means the promotion by Qudos Bank called ʻBonus 2000 Qantas Points when you open a new Qantas Points Saver (with $1,000 deposit)’ described in these terms and conditions.
   Promotion Period means the period from 12.00am AEST on September 1st 2023 to 11.59pm AEST on November 30th 2023.
   QUDOS BANK, we, us means Qudos Mutual Ltd trading as Qudos Bank ABN 53 087 650 557 AFSL/ACL 238 305. Deposit customer means a customer of QUDOS BANK who opens a new Qantas Points Saver with QUDOS BANK.
   Eligible Qantas Points Saver means a new Qantas Points Saver opened during the Promotion Period.
3. To be eligible to receive the Bonus 2000 Qantas Points the Deposit customer must deposit at least $1,000 into their Eligible Qantas Points Saver account within 30 days of it being opened and keep at least $1,000 in that account for a further 30 days. A Deposit customer will not be eligible to receive the Bonus 2000 Qantas Points if they have held a Qudos Bank Qantas Points Saver account at any time in the 12 months before opening an Eligible Qantas Points Saver.
4. A limit of one Qantas Points Saver and bonus point allocation applies per deposit customer. For joint accounts, the bonus points will be allocated to the primary member’s account only.
5. Memberships and accounts are subject to terms and conditions, fees and charges, QUDOS BANKʼs normal eligibility to be a customer of QUDOS BANK. QUDOS BANK can approve or decline any application, or withdraw any approval at any time prior to funding at its absolute discretion.
6. The allocation of 2000 bonus Qantas Points will be paid into the Deposit customer’s Qantas Frequent Flyer Account within three months after the Promotion Period ends.
7. . . .

Read the full promotion terms and conditions here.