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Bank of Queensland Cash Management Account

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A higher balance means a higher interest rate with this transaction account.

You are provided all of the features typically found with a transaction account when you choose Bank of Queensland’s Cash Management Account, along with high interest earning possibilities. Maintain a certain balance and you will get all of your transactions free of fees. This is an account to consider if you need a secure place to keep your investment money, yet still want complete control over it.

0.15% p.a.

Maximum variable rate

0.15% p.a.

Base interest rate

$1

Minimum opening balance

Details

Product NameBank of Queensland Cash Management Account
Maximum Variable Rate0.15% p.a.
Standard Variable Rate0.15%
Bonus Variable Rate0.00%
Monthly Account Fee$5
Minimum Opening Deposit$1
Minimum Age18

Key features

Monthly account keeping fees

There is a $5 monthly account keeping fee that can't be waived.

Transaction methods

You can access your money in a branch, through ATMs, internet banking, EFTPOS, cheque book and BPAY.


How to apply

Eligibility

If the interest rates and flexibility of the Cash Management Account will benefit your financial goals, you can apply online. This should take about ten minutes to complete, but you should first ensure that you meet the eligibility requirements:

  • Minimum age. All applicants must be at least 15 years of age.
  • Residency requirements. Only permanent Australian residents or citizens can apply for the Cash Management Account.

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