Could combining a home loan with everyday points really change how Australians save and spend?
This short guide explains how Qudos Bank loans link to the qantas frequent flyer system and add value to home, car and personal borrowing. It clarifies how qantas points banking and qantas points home options work when a customer supplies their frequent flyer membership.
Readers will learn why a variable interest rate matters, how standard variable interest may follow any introductory deal, and where the interest rate applicable can affect repayments. The overview also touches on low cost home choices, new principal interest structures and options for ie. owner-occupied investment.
Later sections will show how points accrue accordance with program rules and how a platinum credit card or visa platinum credit can add perks. Applicants should note that offers are non-transferable and application subject approval applies, and that Qudos Bank operates as a licensee national consumer under Australian credit laws.
Why Australians choose Qudos Bank loans today
A growing number of Australians value lending that ties everyday spending to travel points. This mix of competitive pricing and rewards makes products attractive for people who fly often and for those saving for a first home or a car.
Customers can link a frequent flyer membership to eligible accounts so points accrue accordance with the points banking terms. Earning and redemption require a qantas frequent flyer number and are governed by the frequent flyer program terms and conditions.
Borrowers also welcome transparent disclosures about a variable interest rate and how standard variable interest may apply after any introductory offer. The provider acts as administrator qantas points and as a credit licensee national, so governance and approval processes are clear.
Offers are non transferable available and not available conjunction offer, which sets realistic expectations on stacking promotions. Overall, the combination of rewards connectivity, straightforward terms conditions qantas and solid pricing helps Australians turn everyday banking into tangible travel value.
Qudos Bank loans at a glance
This section outlines key product types, earning rules and practical limits for points. It helps readers see the main features, fees and the conditions that affect value.
The product range includes a Qantas Points Home Loan, Qantas Points Saver and Qantas Points Car product. Customers can also access card-linked perks via a platinum credit card, subject to the credit card terms and card terms conditions.
Points accrue accordance with the Visa Platinum Rewards Program T&Cs and the points banking terms. You must be a qantas frequent flyer and provide a frequent flyer membership number. Eligible card purchases exclude cash advances, BPAY, ATO payments, balance transfers, fees and foreign currencies, and there is an annual cap on earning.
A variable interest rate may apply across some products and certain offers revert to standard variable interest after any introductory period. All products and benefits are tracked by the frequent flyer program and available program facilities, with points subject terms clearly stated.
Applicants should note that application subject approval applies and eligibility criteria must be met before any points or benefits are awarded.
Home loan options, from low cost to Qantas Points Home Loan
Home loan choices range from stripped-back low cost home products to rewards-focused points home loan packages.
The low cost home range targets sharp pricing and simple features for borrowers who want lower ongoing costs. A points home loan or a qantas points home option adds travel rewards while keeping core loan functions intact.
Borrower suitability depends on purpose, such as ie. owner-occupied investment, deposit size and whether they prefer new principal interest repayment structures. Fixed rate offers can change before funding and, on expiry, revert to a new principal interest Low Cost Home Loan if the deposit or equity meets 20% for the relevant purpose.
Mortgage insurance is required for high LVR cases over 80% and costs should be factored into total repayments. The interest rate applicable may vary across products and can include variable interest rate or standard variable interest options.
Points accrue accordance with points banking terms and the terms conditions qantas; points subject terms set caps and redemption qantas points rules. Application subject approval applies to all products. qudos bank members can have a joining fee waiver and then add their membership number earn redeem when eligible.
Understanding variable interest rate and standard variable interest
Clear knowledge of rate types helps people compare rewards-focused products with basic options. A variable interest rate can rise or fall with market moves, so borrowers should allow buffers in their budget for changing repayments.
Many home products use a standard variable interest as the default rate after any introductory period or fixed term. This standard variable interest becomes the interest rate applicable when the special pricing ends.
For fixed home terms, lenders often state the loan will revert to a new principal interest Low Cost Home product if the borrower has at least 20% deposit or equity for the relevant purpose, ie. owner-occupied investment. Understanding this revert rule is vital when weighing a points home loan against a plain low cost home option.
Any rewards from a frequent flyer program are secondary to the core rate, features and total cost. Points accrue accordance with the program rules and points subject terms can change, so borrowers should prioritise suitability and use rate scenarios to test affordability.
The comparison rate methodology is disclosed by the licensee national consumer and application subject approval applies to all applicants. The bank recommends seek independent guidance; borrowers should seek independent tax advice to understand services tax income or other tax consequences.
Construction and progress payment features
Building finance uses staged drawdowns linked to progress payments. The construction period ends at the final progress payment or 12 months from the first advance, whichever is earlier.
During the build, interest is charged only on funds drawn. After completion the interest rate applicable reverts to the current new principal interest Low Cost Home product where the borrower has at least 20% deposit or equity for the relevant purpose, ie. owner-occupied investment.
A variable interest rate may apply while funds are advanced. Borrowers should check how any standard variable interest will operate after introductory settings end, and plan for changing repayments.
Split structures can be used, but the minimum deposit for split loans is the higher of the minimums for each product. Where a points home loan or qantas points home option is chosen, points accrue accordance with points banking terms and the terms conditions qantas. Any available conjunction offer may be restricted and points subject terms, available program facilities and redemption qantas points rules should be reviewed.
Application subject approval applies and the lender, as licensee national consumer and credit licensee national, will require documentation for progress payments. Borrowers should set up number earn redeem processes, allow contingency funds for delays and confirm the milestone schedule before draws.
Car loans, including EV finance
Car finance now blends practical purchase limits with travel rewards, letting motorists earn points while they pay.
EV finance covers vehicles with no internal combustion engine and treats “New” as driven less than 1,000 km. Typical borrowing limits are up to $150,000 for cars up to three years old and $75,000 for vehicles between three and five years. For larger amounts callers should ring 1300 747 747.
An establishment fee of $595 applies and borrowers must factor this into total cost alongside any variable interest rate that may apply. The product caps and exclusions are set out in the points banking terms and points subject terms.
For qantas points car offers, points accrue accordance with the points banking terms and the frequent flyer program. Customers must provide qantas frequent flyer membership details so the number earn redeem flow works correctly.
Offers are non transferable available and not available conjunction offer. Application subject approval applies and the provider, as a credit licensee national, requires standard eligibility checks. Redemption qantas points can help offset travel but finance suitability should be the priority. Savers may also consider points saver qantas for short-term funds while planning ownership.
Unsecured personal loans and comparison rate warnings
Choosing an unsecured personal option often comes down to comparing true costs, not just the headline rate.
An unsecured personal loan can suit short-term needs when no asset security is available. Borrowers should weigh the variable interest rate, fees and term against their budget.
The comparison rate helps compare fairly, but the warning is clear: it is based on an example ($10,000 over three years, monthly). Different amounts or terms will change the outcome.
Costs such as redraw or early repayment fees, and fee waivers, are not included in that comparison rate. These items can still affect total cost and affordability.
Applications are subject to approval and the provider, as a credit licensee national and licensee national consumer, performs standard assessments to ensure responsible lending.
Where unsecured borrowing links to a qantas frequent flyer opportunity, points accrue accordance with points banking terms and points subject terms. Offers are non transferable available and not available conjunction offer, so read the credit card terms and available program facilities closely.
The bank recommends seek independent advice. Borrowers should seek independent tax guidance about services tax income or other tax consequences before committing. Number earn redeem goals should never outweigh affordability.
Visa Platinum Credit Card benefits linked to lending packages
Linking a visa platinum credit to a lending package brings everyday spending into a rewards loop while borrowers keep loan priorities front of mind.
The visa platinum credit carries a standard variable interest of 19.49% p.a. after a five-month intro variable rate on all transactions. Cardholders get up to 55 days interest-free on purchases if they pay the balance in full by the due date; exclusions apply.
Annual fees apply on opening and each year, though one platinum credit card annual fee may be waived when attached to an eligible Value Package. Eligible purchases earn points but exclude cash advances, ATO payments, BPAY, balance transfers, fees and foreign currencies.
Points accrue accordance with the points banking terms and program provide qantas rules. Qantas frequent flyer members must supply frequent flyer membership details so number earn redeem works correctly. There is a $200,000 eligible purchase cap per 12 months.
Offers are non transferable available and not available conjunction offer. Read the credit card terms and card terms conditions and the terms conditions qantas for full details. Applications are subject to approval and responsible use helps limit interest costs.
Qantas Frequent Flyer program integration
Integration with the qantas frequent flyer program turns everyday banking into a clear path to travel rewards.
Customers must hold a frequent flyer membership and provide qantas frequent details so transactions link correctly. They must also supply their frequent flyer membership number to earn and redeem points.
Qudos Bank members can have the joining fee waived by applying at qantas.com/joinffqudos, easing onboarding for new members. Membership and point activity are governed by the terms conditions qantas and the program provide qantas arrangements.
Points accrue accordance with points banking terms and the Visa Platinum Rewards Program T&Cs. program provide qantas details set eligible activity across available program facilities and list exclusions.
The number earn redeem flow should be set up at account opening so points post reliably. redemption qantas points include flights and other options but are subject to availability, conditions qantas frequent and the published terms conditions qantas.
Offers are non transferable available and not available conjunction offer. Integration enhances travel value but does not replace careful review of rates, fees and core product features.
Qantas Points banking terms and earning caps
Knowing which purchases qualify and the $200,000 cap helps customers plan a points-earning year with confidence.
The qantas points banking rules set clear eligibility and exclusions so members can focus spend where points actually earn. Eligible purchases exclude cash advances, ATO payments, BPAY, interest, balance transfers, fees and charges, traveller’s cheques and foreign currencies.
Qantas Points can be earned on a maximum of $200,000 of eligible purchases per customer in each 12‑month period from account opening and each anniversary thereafter. This limit applies regardless of how many Platinum cards an account holder carries.
Points accrue accordance with the points banking terms and the frequent flyer program. Members must keep their frequent flyer membership in good standing and provide qantas frequent details accurately so number earn redeem processes work reliably.
Redemption qantas points follow the terms conditions qantas and depend on seat availability and partner rules. Some promotions are non transferable available and not available conjunction offer, so check points subject terms, card terms conditions and credit card terms. Available program facilities may change, so review current terms before relying on earn rates.
Eligibility, documentation and application subject to approval
Approval depends on an assessment of income, expenses and supporting documents. Applications are application subject approval — lenders check employment, liabilities, credit history and any security to confirm affordability.
As a licensee national consumer and credit licensee national, the provider follows responsible lending rules. That means payslips, recent bank statements and ID are commonly required to progress an application subject approval.
Preparing updated statements, savings history and property or vehicle details speeds turnaround. For self‑employed or construction cases, expect extra checks and longer timeframes; engaging a broker may help.
For customers linking a qantas frequent flyer account, confirming frequent flyer membership details helps the number earn redeem flow once accounts are active. Points accrue accordance with points banking terms and program provide qantas connections need accurate data across available program facilities.
The bank recommends seek independent advice on tax matters. Borrowers should seek independent tax guidance about goods and services tax or services tax income and other tax impacts from rewards or product features.
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Fees and charges to budget for
Understanding fees gives a clearer view of product value. Borrowers should plan for establishment fees such as $595 on some car/EV products and $600 on certain home products.
Other costs include valuation, settlement and ongoing account fees. Cards charge an annual fee on opening and each year after, though one Visa Platinum Credit Card annual fee may be waived while in an eligible Value Package.
A variable interest rate can change over time and some products later revert to a standard variable interest. Interest-free periods for cards (up to 55 days) apply only when the balance is paid in full each month and exclusions exist.
Rewards offers are non transferable available and not available conjunction offer, so bundle value may be limited. Points accrue accordance with points banking terms and points subject terms, and qantas frequent flyer members must check conditions qantas frequent and terms conditions qantas for any fees on earning or redemption.
The lender, as a licensee national consumer and credit licensee national, discloses fee schedules and the role of the administrator qantas points in product documents. Remember that application subject approval can affect pricing, fee waivers and eligibility for promotions.
Tax considerations and independent advice
Tax outcomes from rewards and borrowing can vary a lot between households and businesses. The provider clearly states the bank recommends seek independent tax advice about fringe benefits tax, goods services tax and income tax that may arise when using products or participating in the frequent flyer program.
Individuals should note owner‑occupied interest is generally non‑deductible, while investment scenarios differ and need tailored guidance. Business owners should especially seek independent tax advice on services tax income, GST and potential fringe benefits tax when rewards touch commercial activity.
Points accrue accordance with published program rules, but the tax treatment of those points depends on intent and use. Review the points subject terms and the terms conditions qantas with your accountant so advisers can give clear answers.
Keeping records of fees, interest, purchases and rewards helps advisers assess liability. Remember application subject approval is separate from tax advice; resolve tax questions before relying on reward outcomes in financial plans.
Important warnings and comparison rate methodology
Comparison rates apply only to the examples shown and are a guide, not a guarantee. The published comparison rates for home products use a loan of $150,000 over 25 years and different loan sizes or terms will produce different results.
Costs such as redraw fees, early repayment fees and fee waivers are excluded from the comparison rate and can materially affect total cost. For fixed rate options, the comparison rate is based on the initial fixed period then assumes the interest rate applicable will revert to a new principal interest Low Cost Home product where the borrower has 20%+ deposit or equity for the relevant purpose, ie. owner-occupied investment.
A variable interest rate and a standard variable interest may apply at different stages. Borrowers should check revert terms, eligibility thresholds and that fixed rates can change prior to funding. Offers generally exclude existing loans, switching and variations; they apply to new borrowings of $150,000+ with a minimum deposit/equity of 10%.
As a credit licensee national and licensee national consumer, the provider discloses methodology to help apples‑to‑apples comparisons. Application subject approval is required for all applications and approvals depend on individual assessment.
Rewards-linked products carry separate points subject terms and points banking terms alongside conditions qantas frequent and terms conditions qantas. Some offers are non transferable available and not available conjunction offer.
The bank recommends seek independent advice on goods services tax and services tax income where relevant. Reading full product documentation ensures rate structures, fees, features and rewards are properly understood before committing.
Support, concierge and complimentary travel insurance
Access to around-the-clock concierge services and embedded travel insurance adds clear value for cardholders.
Cardholders can call the 24/7 Visa Premium Concierge on 1800 639 607 for travel, dining and lifestyle bookings linked to visa platinum credit benefits.
The platinum credit card may include Complimentary Travel Insurance under a group policy issued by Allianz Australia Insurance Limited via AWP Australia (Allianz Global Assistance) to Qudos Bank. Eligibility, limits, exclusions and any excess are set out in the Complimentary Travel Insurance Policy Information Booklet effective 1 July 2025.
Customers should read the policy and the card terms conditions and credit card terms to confirm how trip prepayment, card status and spend criteria affect cover. Qudos Bank does not guarantee this insurance and general advice may not suit individual needs.
For qantas frequent flyer users, rewards remain governed by the frequent flyer program and conditions qantas frequent. Points accrue accordance with points banking terms and linking provide qantas frequent details supports number earn redeem across available program facilities. application subject approval applies to the card product; insurance typically requires the card to be open and in good standing.
Qudos Bank loans: take the next step with confidence
Take a clear, practical step toward funding goals without losing sight of total cost.
Customers should compare features, rates and fees across home, construction, car, personal and card bundles. For those in the qantas frequent flyer circle, ensure frequent flyer membership is active and linked so number earn redeem works under points banking terms.
Remember that qantas points banking benefits sit on top of core lending value. Points accrue accordance with the Visa Platinum Rewards Program and the points banking terms, and redemption qantas points depend on program provide qantas rules.
Offers are non transferable available and not available in conjunction with any other offer. All applications are application subject approval and the lender is a credit licensee national and licensee national consumer.
The bank recommends seek independent guidance and recommends seek independent tax advice before relying on rewards. When ready, start an application online or speak to a specialist to finalise the right structure.
