Bank of Queensland savings and bank accounts

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Bank of Queensland savings accounts, bank accounts and term deposits

1 - 8 of 8

Name	Maximum Variable Rate p.a.	Standard Variable Rate p.a.	Intro/Ongoing	Government Guarantee	Monthly Max Rate Conditions
Bank of Queensland Simple Saver Account	Maximum Variable Rate p.a. 4.85%	Standard Variable Rate p.a. 4.85%	Intro/Ongoing Ongoing	Government Guarantee	Monthly Max Rate Conditions Balances up to $5,000,000	View details Compare	loading Fetching your data...
Bank of Queensland Future Saver Account - 14 to 35 years	Maximum Variable Rate p.a. 5.50%	Standard Variable Rate p.a. 0.05%	Intro/Ongoing Ongoing	Government Guarantee	Monthly Max Rate Conditions Deposit $1,000 5 eligible transactions Balances up to $50,000	View details Compare	loading Fetching your data...
Bank of Queensland Smart Saver Account - 36+ years	Maximum Variable Rate p.a. 5.00%	Standard Variable Rate p.a. 0.05%	Intro/Ongoing Ongoing	Government Guarantee	Monthly Max Rate Conditions Deposit $1,000 5 eligible purchases Balances up to $250,000	View details Compare	loading Fetching your data...
Bank of Queensland Kids Savings Account	Maximum Variable Rate p.a. 2.75%	Standard Variable Rate p.a. 0.05%	Intro/Ongoing Ongoing	Government Guarantee	Monthly Max Rate Conditions No more than 1 withdrawal	View details Compare	loading Fetching your data...
Bank of Queensland Superannuation Savings Account	Maximum Variable Rate p.a. 3.50%	Standard Variable Rate p.a. 1.60%	Intro/Ongoing 4 months	Government Guarantee	Monthly Max Rate Conditions N/A	View details Compare	loading Fetching your data...
Bank of Queensland Farm Management Deposit Account - At Call	Maximum Variable Rate p.a. 1.00%	Standard Variable Rate p.a. 1.00%	Intro/Ongoing Ongoing	Government Guarantee	Monthly Max Rate Conditions N/A	View details Compare	loading Fetching your data...
Bank of Queensland Business WebSavings Account	Maximum Variable Rate p.a. 4.25%	Standard Variable Rate p.a. 1.50%	Intro/Ongoing 4 months	Government Guarantee	Monthly Max Rate Conditions N/A	View details Compare	loading Fetching your data...
Bank of Queensland Business Performance Saver Account	Maximum Variable Rate p.a. 1.85%	Standard Variable Rate p.a. 0.10%	Intro/Ongoing Ongoing	Government Guarantee	Monthly Max Rate Conditions Deposit $5,000 5 eligible transactions	View details Compare	loading Fetching your data...

Showing 8 of 8 results

1 - 3 of 3

Name	Monthly fee	Govt. Guarantee	Own network ATM fee	Card type
Bank of Queensland Mortgage Offset Account Apple Pay Google Pay Samsung Pay	Monthly fee $0	Government Guarantee	Own network ATM fee $0	Card type Visa	More Info Compare
Bank of Queensland Everyday Account Apple Pay Google Pay Samsung Pay	Monthly fee $0	Government Guarantee	Own network ATM fee $0	Card type Visa	More Info Compare
Bank of Queensland Everyday Business Account Apple Pay Google Pay Samsung Pay	Monthly fee $10	Government Guarantee	Own network ATM fee $0	Card type Visa	Compare

Showing 3 of 3 results

1 - 3 of 3

Name	3 Mths p.a.	4 Mths p.a.	5 Mths p.a.	6 Mths p.a.	7 Mths p.a.	11 Mths p.a.	12 Mths p.a.	24 Mths p.a.
Bank of Queensland Term Deposit $5,000 min. deposit$249,999 max. deposit	3 Mths p.a. 2.25%	4 Mths p.a. 4.60%	5 Mths p.a. 1.25%	6 Mths p.a. 4.70%	7 Mths p.a. 1.50%	11 Mths p.a. 1.75%	12 Mths p.a. 4.60%	24 Mths p.a. 3.30%	More Info Compare
Bank of Queensland Premier Investment Account $5,000 min. deposit	3 Mths p.a. 2.25%	4 Mths p.a. 4.60%	5 Mths p.a. 1.25%	6 Mths p.a. 4.70%	7 Mths p.a. 1.50%	11 Mths p.a. 1.75%	12 Mths p.a. 4.60%	24 Mths p.a. 3.30%	More Info Compare
Bank of Queensland Farm Management Term Deposit $1,000 min. deposit	3 Mths p.a. 2.25%	4 Mths p.a. 4.60%	5 Mths p.a. 1.25%	6 Mths p.a. 4.70%	7 Mths p.a. 1.50%	11 Mths p.a. 1.75%	12 Mths p.a. 4.60%	24 Mths p.a. 3.30%	Compare

Showing 3 of 3 results

Quick facts about Bank of Queensland

Bank of Queensland (BOQ) is based in Brisbane and open to customers all over Australia
BOQ was originally a member-owned building society, and has been a retail bank since 1942
BOQ owns Virgin Money and ME Bank, which both also offer a range of different savings and bank accounts

What do Australians think of Bank of Queensland (BOQ) bank account?

4.14/5 overall for Customer Satisfaction — higher than the average of 4.11
4.56/5 for Trust — higher than the average of 4.43
4.19/5 for Customer Service — higher than the average of 4.07

Based on Bank of Queensland (BOQ) bank account scores in Finder's 2024 Customer Satisfaction Awards.

Different ways to bank with BOQ

BOQ offers many different ways to do your banking.

BOQ bank branches

BOQ has more than 250 bank branches spread across Australia (although the majority of these are in QLD).

BOQ ATM network

BOQ's ATM network includes around 3,000 ATMs in Australia. This includes the rediATM network which BOQ is part of. BOQ customers can also use their Australian debit cards to withdraw cash for free at CommBank, NAB, Westpac and ANZ ATMs throughout Australia.

BOQ Internet and mobile banking

Customers can access the BOQ Internet banking portal 24/7 to review transactions and balances, see more detailed transaction data, pay bills, transfer money between accounts and make BPAY payments. You can also view and download your statements and open new BOQ bank accounts.

The BOQ app is free to download, and has a 1.2 star rating in the App Store and a 2.4 star rating in the Google Play store. You can do your day-to-day digital banking using the app 24/7.

BOQ contactless payment options

BOQ offers Apple Pay, Google Pay and Samsung Pay to customers with a BOQ debit or credit card.

"Bank of Queensland has a fantastic savings interest rate that I've been taking advantage of for years. The small criteria of a deposit and 5 everyday transactions is very easy to meet. At the end of the day, I feel with this account I don't need to jump through hoops to get the best rate."

Dougal Warby

Publisher

Pros and cons of banking with BOQ

Pros

Range of accounts. BOQ offers several different savings and bank accounts to choose between, while many other banks only offer one option.
Bonus interest. You can earn bonus interest on your savings every month by meeting the account conditions.
No account keeping fees. BOQ's everyday bank account has no account keeping fees to pay.
Branches and ATMs. BOQ still has hundreds of branches and more than 3000 ATMs.

Cons

Mobile app. The BOQ mobile app has poor star ratings from users.

How to apply for a BOQ account online

You can apply for a new BOQ account online in less than 10 minutes. Just make sure you meet the eligibility criteria and have the necessary documents handy before you start your application.

Eligibility

You're an Australian resident for tax purposes
You have an Australian phone number and residential address

Documentation

Personal details like your name, date of birth, residential address, phone number and email address
ID documents such as your driver's licence, Medicare card, passport or proof-of-age card

Are you looking for another BOQ product instead?

If you haven't found what you're looking for yet, you can compare a wide range of additional savings accounts and bank accounts from other providers with Finder.

Compare other products from Bank of Queensland

Thank you for your feedback!

Written by

Alison Banney

Editor

Alison Banney is the money editorial manager at Finder. She covers all areas of personal finance, and her areas of expertise are superannuation, banking and saving. She has written about finance for 10 years, having previously worked at Westpac and written for several other major banks and super funds. See full bio

Alison's expertise

Alison has written 626 Finder guides across topics including:

Superannuation
Savings accounts, bank accounts and term deposits
Budgeting and money-saving hacks
Managing the cost of living

More resources on Finder

More guides on Finder

Bank of Queensland Smart Saver Account (36+ year olds)
The Bank of Queensland Smart Saver Account has an ongoing bonus rate on balances up to $250,000 for customers over 36.
Bank of Queensland Everyday Account
The Everyday Account has no monthly account keeping fees, spend tracking features and instant payments via PayID.
Bank of Queensland Superannuation Savings Account
The Bank of Queensland Superannuation Savings Account gives you a bonus introductory period and the ability to withdraw your SMSF’s savings without restriction.
Bank of Queensland Mortgage Offset Account
An offset Account linked to your personal Bank of Queensland home loan gives you access to your savings while they work to reduce your mortgage balance.
Bank of Queensland Premier Investment Account
A premier high interest savings account may be just what you need in order to reach your future financial goals.
Bank of Queensland Term Deposit
With a small nest egg Bank of Queensland allows you to make good progress with your savings goals by providing flexible terms and a competitive interest rate.

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24 Responses

JohnFebruary 3, 2018

Will my eftpos card work in New Zealand?

Finder

RenchFebruary 14, 2018Finder

Hi John,

Thanks for your inquiry.

Yes, you can use a Visa Bank of Queensland (BOQ) Savings Accounts Debit card overseas, including New Zealand. Your card can be used wherever Visa is accepted.

Cheers,
Rench

OscarApril 11, 2016

I’m a foreigner.Is it possible t o open a n account?

HarryApril 11, 2016

Hi Oscar,

Thanks for your question.

In order to open a Bank of Queensland savings account, you must be an Australian citizen or permanent resident. If you have migrated to Australia, you can open an account either over the phone or by visiting a local branch.

I hope this helps,

Harry

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