Bank of Queensland offers two different savings accounts, neither of which charge monthly account-keeping fees. The Bonus Interest Savings Account pays bonus interest if you make no more than one withdrawal per month. The WebSavings Account has a base interest rate of 0.01 per cent, but pays bonus interest if you have a balance of at least $2,000. Bank of Queensland also offers term deposits, credit cards, home loans, personal loans, car loans, insurance and investing services. BoQ was founded in 1874 and has more than 200 branches across Australia.
BOQ savings accounts
Other available products
Why choose BOQ
Benefits
- No account-keeping fees
Drawbacks
- Maximum interest rate comes with conditions
BOQ Savings Accounts
Provider
Compare
5.50%*
0.05%
$30*
$313*
Future Saver Account (Under 35)
5.00%*
0.05%
$27*
$284*
Smart Saver Account
4.85%
4.85%
$26
$275
Simple Saver Account
2.75%*
0.05%
$15*
$155*
Kids Savings Account (Ages < 14)
Savings Accounts calculator
Use our savings account calculator to see how much you can earn under different investment scenarios.
Your monthly interest earned would be
at interest rate 4.85 %
Total interest earned
$275
Total amount
$6,475
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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.