Quds Bank review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Quds Bank suits salaried workers in Palestine who want a Mastercard debit account alongside direct lending, though its card carries an annual fee of $35 where the category median is €0. Card perks are generous, but the fee load and rigid loan terms are heavier than the cheapest cards nearby.
Key facts
- Best for
- A salaried account holder who wants banking and borrowing under the same roof.
- Monthly fee
- $1.50↗
- Currency conversion fee
- 1% to 3%↗
- Card type
- Debit↗
- Card network
- Mastercard↗
- Legal entity
- Al Quds Bank Plc↗
- Headquarters
- Palestine↗
- Founded
- 1995↗
- Support channels
- Phone, Email↗
- Features
- Travel
- Official website
- qudsbank.ps
Loans
- Loan amount
- $20,000 to $100,000↗
- Term
- 84 months↗
- Arrangement fee
- 0.5% if the term is 1 year or less, 1% one-off if the term is longer; may be deducted in advance or paid with the interest↗
- Credit check
- Hard↗
- Lender type
- Direct lender↗
- Free early repayment
- No↗
- Eligibility
- Salaried employees (public and private sector, ID holders) with salary transferred to Quds Bank; at least 1 year of service; minimum age 24 at application and maximum 55 at loan end for personal loans; cheque-system rating at least A/B/E; minimum average salary 4,000 shekels over the last 3 months; debt burden capped at 35-40% of income↗
- Origination fee (%)
- 0.5% to 1%↗
- Loan types
- Personal, Car, Secured, Business, Credit-line, Guarantor↗
- Credit needed
- Fair↗
Credit cards
Savings
- Account kind
- Easy access↗
Mortgages
Facts checked September 26, 2026, 7 sources
Pros and cons
Pros
- Quds Bank is a direct lender offering personal, car and secured loans, so the account and the credit sit with one provider.
- Card perks add genuine value, including Airport lounge access, Fraud protection insurance and Extended warranty.
- Currency conversion runs 1% to 3% against a category median of 1%, so foreign spending stays near the middle of the market.
Cons
- Free early repayment: no, so settling a loan before the end of its term leaves the agreed interest in place.
- The annual fee of $35 sits above a category median of €0.
- Borrowing asks for a fair credit rating and a hard credit check, so weaker files get turned away.
Who it suits
- Salaried employees in the public or private sector whose salary is paid into a Quds Bank account.
- Borrowers buying a home, with a fixed period of 25 and a maximum loan to value of 85%.
- Travellers who want Mastercard spending with Airport lounge access, Fraud protection insurance and Extended warranty on an easy access account.
Who should look elsewhere
- Anyone without a transferred salary, since eligibility is tied to salaried employment and a cheque-system rating.
- Borrowers who expect to settle a loan early and save the interest.
- Card shoppers who want no annual fee, since the fee is $35 plus a monthly fee of $1.50.
The company behind it
Quds Bank trades as Al Quds Bank Plc and is headquartered in Palestine, where it was founded in 1995. That makes it a long established local bank rather than a new entrant or a comparison service. Support runs on phone and email, so account and card questions go to a person on the phone or by email.
How Quds Bank compares
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Frequently asked questions
What does the card cost to keep?+
The Mastercard debit card carries a monthly fee of $1.50 and an annual fee of $35. Currency conversion runs 1% to 3%, close to the category median of 1%, so overseas spending adds up but stays near the middle of the market.
What kind of card is this?+
It is a debit card on the mastercard network, offered alongside credit and prepaid versions from the same bank. Spending perks listed for it include Airport lounge access, Fraud protection insurance and Extended warranty, and the account is an easy access account, so money is available on demand.
Is my money protected?+
The protections listed are card level, not balance level. Fraud protection insurance sits inside Airport lounge access, Fraud protection insurance and Extended warranty, alongside purchase protection and an extended warranty, so a fraudulent card transaction is covered while the account balance is a separate question. Read the account terms for anything covering deposits.
Who can borrow from the bank?+
Loans are aimed at salaried employees, public or private, with the salary transferred to a Quds Bank account. Applicants also need a minimum age, a length of service, a cheque-system rating and a recent average salary, with debt capped as a share of income. Applications run a hard credit check.
How much can I borrow and for how long?+
Personal loans run $20,000 to $100,000 over 84, and the bank also offers personal, car and secured lending as a direct lender. An arrangement fee of 0.5% to 1% can be taken in advance or paid along with the interest, so the real cost depends on the term you choose.
What about buying a home?+
The housing programme covers purchase, with a fixed period of 25 and a maximum loan to value of 85%. That is a far longer commitment than the 84 term on a personal loan, so repayments are spread over decades rather than years.
Can I repay a loan early?+
Free early repayment: no. Once a personal loan is agreed, settling it before the end of the 84 term does not remove the interest already priced in, and the arrangement fee of 0.5% to 1% still applies, deducted in advance or paid with the interest.
Is this aimed at the UK or Europe?+
Quds Bank is headquartered in Palestine, and its accounts are built for that market rather than for the UK or Europe. Spending happens on the mastercard network, with a currency conversion fee of 1% to 3% when you pay in another currency.
Sources
- cbinsights.com/company/al-quds-bank checked September 26, 2026
Backs: Founded, Headquarters
“Quds Bank was incorporated in 1995”
- devex.com/organizations/quds-bank-184425 checked September 26, 2026
Backs: Support channels
“Banking Services Center: 1700-710-710, Email: Admin@qudsbank.ps”
- emis.com/php/company-profile/PS/Al_Quds_Bank_Plc_en_23404... checked September 26, 2026
Backs: Legal entity
“Al Quds Bank Plc Company Profile - Palestine”
- qudsbank.ps/eng/news/quds-bank-and-mastercard-introduce-d... checked September 26, 2026
Backs: Card kind, Card type, Features, Card network, Perks
“Debit, Credit and Prepaid cards”
- qudsbank.ps/eng/page/charges-and-fees checked September 26, 2026
Backs: Account kind, Annual fee, Free early repayment, Currency conversion fee, Monthly fee
“Dormant savings account management fee / monthly 1.5 - for dormant savings accounts whose balance is less than $25”
- qudsbank.ps/eng/page/personal-loans checked September 26, 2026
Backs: Loan amount, Credit check, Credit needed, Eligibility, Lender type, Loan types, Arrangement fee, Origination fee (%), Term
“Personal Loans: maximum limit 20 thousand dollars (1-3 years of service), 50 thousand dollars (3-5 years), 100 thousand dollars (more than 5 years)”
- qudsbank.ps/page/housing-loan-program checked September 26, 2026
Backs: Fixed period, Maximum loan to value, Purpose
“Financing ratio reaches up to 85% as a maximum of the property price or the lower valuation”
Compiled from 7 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Free ATM withdrawals, Protection.
Related by the facts
Quds Bank
A salaried account holder who wants banking and borrowing under the same roof.