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
Finder crew member
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
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.
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 645 Finder guides across topics including:
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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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Hi
I’m a foreigner.Is it possible t o open a n account?
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