Bank of Queensland savings and bank accounts

Bank of Queensland (BOQ) is a QLD-based bank with several high interest savings account options for customers.

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BOQ

Bank of Queensland savings accounts, bank accounts and term deposits

Bank of Queensland savings accounts

6 of 6 results
Finder Score Maximum interest rate Base interest rate Max rate type & duration Monthly max rate conditions
BOQ logo
Finder score
Finder score
Maximum Variable Rate p.a.
4.05%
Standard Variable Rate p.a.
4.05%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $0 to $5,000,000
Open up to 9 accounts to take control of your savings and don't worry about meeting fiddly conditions or paying frustrating fees.
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Maximum Variable Rate p.a.
4.60%
Standard Variable Rate p.a.
0.05%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $0 to $250,000
Deposit $1,000
5 eligible purchases
Aged 36+? You can earn 4.6% p.a. on balances up to $250,000 when you meet the account conditions each month.
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Maximum Variable Rate p.a.
4.85%
Standard Variable Rate p.a.
0.05%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $0 to $50,000
Deposit $1,000
5 eligible transactions
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Maximum Variable Rate p.a.
2.60%
Standard Variable Rate p.a.
0.45%
Intro/Ongoing
4 month intro rate
Balance from $10,000
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Bank of Queensland Business WebSavings Account
Finder score
Maximum Variable Rate p.a.
3.75%
Standard Variable Rate p.a.
0.65%
Intro/Ongoing
4 month intro rate
Balance from $10,000
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Bank of Queensland Business Performance Saver Account
Finder score
Maximum Variable Rate p.a.
0.35%
Standard Variable Rate p.a.
0.05%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $0 to $500,000
Deposit $5,000
5 eligible transactions
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How the Finder Score helps you find a better savings account

The Finder Score is a simple score out of 10. The higher a savings account's score, the better we think it is for the average customer.

We score each savings account in our database of hundreds based on a data-driven methodology with 2 main criteria: Does the account offer a high interest rate? And is it easy for savers to actually earn that rate?

Read the full breakdown

Want more interest on your savings?

Compare now and find a better rate.

Bank of Queensland bank accounts

3 of 3 results
Finder Score Monthly fee Govt. Guarantee Own network ATM fee Card type
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Bank of Queensland Mortgage Offset Account
Apple Pay Google Pay Samsung Pay
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Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
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Bank of Queensland Everyday Account
Apple Pay Google Pay Samsung Pay
Finder score
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
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BOQ logo
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Bank of Queensland Everyday Business Account
Apple Pay Google Pay Samsung Pay
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Monthly fee
$10
Government Guarantee
Own network ATM fee
$0
Card type
Visa
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Finder Score for bank accounts

We assess multiple product features for transaction accounts from over 100 providers and assign each product a score out of 10.

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Looking for a better bank account?

Compare everyday accounts and find one that works harder for you.

Bank of Queensland term deposits

3 of 3 results
Finder Score 3 Mths p.a. 6 Mths p.a. 10 Mths p.a. 12 Mths p.a. 24 Mths p.a.
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Finder Score
Bank of Queensland Term Deposit
$5,000 min. deposit
$249,999 max. deposit
Finder Score
3 Mths p.a.
2.25%
6 Mths p.a.
4.00%
10 Mths p.a.
1.75%
12 Mths p.a.
4.05%
24 Mths p.a.
3.00%
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Finder Score
3 Mths p.a.
2.25%
6 Mths p.a.
4.00%
10 Mths p.a.
1.75%
12 Mths p.a.
4.05%
24 Mths p.a.
3.00%
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Finder Score
Bank of Queensland Farm Management Term Deposit
$1,000 min. deposit
Finder Score
3 Mths p.a.
2.25%
6 Mths p.a.
4.00%
10 Mths p.a.
1.75%
12 Mths p.a.
4.05%
24 Mths p.a.
3.00%
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Finder Score for term deposits

Finder Score assigns Term Deposit products a score out of 10, comparing interest rates and features, to make comparison easier. We assess over 150 products from more than 90 providers, assessing products across different terms to determine an average score per product.

Read the full methodology

Lock in a great rate

Compare term deposits to grow your savings with confidence.

Finder Awards badge

Congratulations, Bank of Queensland!

The Bank of Queensland Simple Saver Account was highly commended for Best No Conditions Savings Account in the 2025 Finder Awards.

Full list of 2025 winners

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 & 2025 Customer Satisfaction Awards.

Pros and cons of banking with BOQ

Pros

  • Wide range of savings and everyday accounts
  • Opportunity to earn bonus interest by meeting monthly conditions
  • No account-keeping fees on BOQ’s everyday account
  • Access to a broad branch network and thousands of ATMs across Australia

Cons

  • Mobile app has low user ratings

How to apply for a BOQ savings account

Applying online for a new bank account is fast and easy. You'll need identity documents such as your driving licence or passport. For more about the process, check out our full guide to opening an account online.

Sources

Alison Banney's headshot
Written by

Editorial Manager, Money

Alison is an editor at Finder and a personal finance journalist with over 10 years of experience, having contributed to major financial institutions and publications such as Westpac, Money Magazine, and Yahoo Finance. She is frequently quoted in media outlets like SmartCompany and SBS, offering expert insights on superannuation and money management. Alison holds a Bachelor of Communications in Public Relations and Journalism from the University of Newcastle, and has earned three ASIC RG146 certifications in superannuation, securities and managed investments and general financial advice, ensuring her expertise is fully aligned with ASIC standards. See full bio

Alison's expertise
Alison has written 660 Finder guides across topics including:
  • Superannuation
  • Savings accounts, bank accounts and term deposits
  • Budgeting and money-saving hacks
  • Managing the cost of living

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26 Responses

    Default Gravatar
    NormanFebruary 10, 2023

    What is the current % payable per month on my fast track account

      Alison Banney's headshotFinder
      AlisonFebruary 22, 2023Finder

      Hi Norman,

      The current rate for the Fast Track account is 2.25% p.a. (as of 22 Feb 2023). Note that this account can no longer be opened by new customers.

      Thanks,
      Alison.

    Default Gravatar
    JOctober 3, 2022

    what is the interest for fast tracking account?

      Alison Banney's headshotFinder
      AlisonOctober 29, 2022Finder

      Hi J,

      If you’re referring to BOQ’s Fast Track Saver Account, it currently offers a 2% bonus interest rate which is inclusive of a 0.05% p.a. base rate for balances over $250,000.

      Thanks,
      Alison

    Default Gravatar
    TonyApril 12, 2022

    Can you accept payments from overseas ie monthly pension?

      Alison Banney's headshotFinder
      AlisonApril 23, 2022Finder

      Hi Tony,

      Yes, you can make international transfers to BOQ savings and bank accounts. As the receiving bank, please note that fees may apply.

      Best,
      Alison

    Default Gravatar
    karenJanuary 16, 2019

    Do you waive atm fees like ING?

      Default GravatarFinder
      JohnJanuary 17, 2019Finder

      Hi Karen,

      Thank you for reaching out to Finder.

      Currently, Bank of Queensland-operated ATMs are still charging a $2 withdrawal fee to non-bank customers, and the same applies for ATMs operated by Suncorp and credit union BCU. You may want to check our article about banks’ ATM fees. Hope this helps!

      Cheers,
      Reggie

    Default Gravatar
    N@JADecember 8, 2018

    Hi ,we are customers of BOQ, can we buy shares in BOQ through the Bank, thank’s Ned

      Default GravatarFinder
      JohnDecember 12, 2018Finder

      Hi N@JA Distefano,

      Thank you for reaching out to finder.

      The only way to sell your shares is through the Australian Securities Exchange (ASX) using a broker. In case you don’t have your own broker, the ASX website contains useful information on brokers and comprehensive lists to help you choose a broker that best suits your needs. Hope this helps!

      Cheers,
      Reggie

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