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Alert notice

Updates to our deposit accounts - 1 May 2026: We're updating our deposit accounts to provide a consistent banking experience for all customers. Learn more.

2026-02-03 3:38 pm
Alert notice

Alert: planned maintenance on digital banking services - Sunday 19 April 2026, 12:00am-7:00am AEST.  We will be undertaking important maintenance to our digital banking services  Learn more

2025-06-02 11:42 am
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News

Updates to our terms and conditions

Photo journal

From 1 May 2026, we’re making some changes to our deposit accounts to create a more consistent experience for all customers.

We’re streamlining our range of deposit products so customers with similar accounts will have the same benefits, eligibility criteria and interest rates, whether they bank with Qudos Bank or Bank Australia.

What’s changing

To support these updates, we’re making changes to our Terms and Conditions, including:

Key dates

  • Effective 1 May 2026: Changes to deposit products take effect - learn more
  • Effective 18 May 2026: Some transaction and payment limits will change. See below for more details:

Transaction and payment limit changes

Bank Australia Current limit Limit from 18 May
PayWave transactions - Debit Card $1,000 daily limit $10,000 daily limit
PayWave transactions - Credit Card $1,000 daily limit Available balance of credit card limit
ATM Withdrawals $1,000 daily limit $2,000 daily limit