Depositing cash has never been easier at a Qudos Bank branch or your local Australia Post.
Deposits can be made at most Qudos Bank Branches. The Ascot Branch in Brisbane is the only branch that does not accept cash deposits. Please be aware that none of our branches accept coin deposits.
We know sometimes you’d prefer to do your banking somewhere that’s a bit closer to home. That’s why we've partnered with Australia Post to give you fee free access to over 3,500 of their Bank@Post outlets.
To make a deposit at Australia Post, all you need is a new barcoded deposit book or your Qudos Bank Visa Debit card and the PIN linked to your account. Please note that the clearance time for any cheque that is deposited through Bank@Post is 10 business days.
Bank@Post outlets may have maximum daily limits for cash and coin deposits. Please check with your local Australia Post outlet to see if they accept coin deposits as each branch may differ.
To locate your nearest participating Australia Post office, please visit the Bank@Post website.
There are many ways to withdraw cash. You can do so by visiting a Qudos Bank branch, ATM, local Australia Post or via EFTPOS with your purchase.
Both Major and independent ATM networks (within Australia and overseas) may charge a fee for cash withdrawals and balance enquiries. With the shift towards digital payments and a decline in cash use within Australia, many of the Major Banks are increasingly divesting their non-branch ATMs by selling them to providers who employ a direct charge model for the use of their ATMs.
For example; ATM machines branded atm-x, Precinct, Redi, CashCard, and some ATMs situated inside pubs, clubs and hotels will likely charge a fee for their use.
You should check the ATM owner’s fees that apply carefully before completing transactions. Within Australia, you will be advised of any fees that will be charged prior to completing the ATM transaction. You will be able to cancel the transaction if you do not wish to proceed and no fees will be charged.
EFTPOS transactions are free for customers, though please be aware that some retail merchants may charge a fee for card transactions. You can also use your Visa debit card to withdraw cash at most supermarkets free of charge.
You can withdraw up to $2,000 per day from any Qudos Bank Branch (except Ascot, QLD branch). If you require a large cash withdrawal, 24 hours notice is recommended to ensure we arrange the required cash amount.
Another convenient way to make fee free cash withdrawals is by visiting one of over 3,500 participating Post Offices across Australia that offers Bank@Post services.
All you need is your Qudos Bank Visa Debit card and the PIN linked to your account, and you can withdraw up to $2,000 per day.
Other banking services offered at Australia Post include being able to have your identity verified, which may be required to open some accounts.
To locate your nearest participating Australia Post office, please visit the Bank@Post website.
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