Bank of Queensland Day2Day Plus Account

Last updated: Dec 31, 2020

Take care of your day-to-day spending with an account that charges you no fees and keeps you connected to your money around the clock.

Your daily financial transactions won’t cost you a cent with the Bank of Queensland Day2Day Plus Account. Use the linked Visa debit card to make withdrawals and purchases and online or mobile banking to track your spending. This flexible transaction account keeps you connected to your money in many ways, making it easier to manage it.

Account keeping fee

ATM withdrawal fee

Overseas ATM withdrawal fee

Overseas transaction fee

of transaction value

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Details

Product Name	Bank of Queensland Day2Day Plus Account
Monthly account fee	$0
Card access	Visa
ATM Withdrawal Fee	$0
Internatonal ATM Fee	$5
International transaction fee	3%
Monthly deposit required to waive account fee	N/A
Contactless Payments	Samsung Pay

Minimum Age	14
Joint account availability	Yes
Minimum opening deposit	$1

Pros

There is a monthly account maintaining fee of $0
Free unlimited transactions thru internet and mobile banking
Free ATM withdrawals

Cons

international transaction fees apply
$5 Overseas ATM Withdrawal Fee

Expert review

Review by

Alison Banney

alison.banney@finder.com

Alison Banney is the banking and investments editor at Finder. She has written about finance for over six years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business.

Expert review

This account can be used as a personal everyday account, or as a joint account with you and one other person. It charges no monthly account fees and offers fee-free withdrawals at all rediATMs, as well as Big Four bank ATMs across the country.

You can make unlimited Bank of Queensland transactions via EFTPOS, BPAY, Internet or mobile banking, and there are no fees to deposit cash or cheques in branch. However, if you live outside of Queensland you might find it hard to find a bank branch.

You can earn a competitive bonus interest rate when you link this account to a Bank of Queensland Fast Track Starter Account and meet the monthly deposit requirement.

Key features

No monthly account keeping fees

There are no monthly fees charged to your account for maintaining this account.

No balance requirements

You are not required to maintain a specific balance or obligated to make a minimum amount of deposits.

Linked Visa debit card

The account comes linked to a Bank of Queensland Visa debit card. This debit card allows you to make purchases and withdrawals wherever Visa is accepted, with the funds being deducted directly from your account.

Visa payWave available

Visa payWave is a feature of the debit card which allows you to make point of sale purchases easily by simply waving the card. No swiping or signing of receipts is required so long as the purchase total is under $100.

Free ATM use via rediATMs

The linked Visa debit card can be used at the over 3,400 rediATMs in Australia to withdraw your funds without being charged. If you do use an ATM outside of this network, you may be charged a fee by the service provider.

Internet banking

You are given full at call access to the money in your account through internet and mobile banking.

Unlimited transactions

Bank of Queensland transactions through rediATMs, EFTPOS and cheque are unlimited and free of charge.

Mobile app

The Bank of Queensland mobile app is free to download for both iPhone and android devices. You will have the same access on your mobile device as you do with internet banking including transaction histories, bill pay, and transfers.

Two account holders

This account is available for up to two joint account holders.

For personal use

The Day2Day Plus account is available for personal purposes only.

How to apply

If the benefits of the Day2Day Plus account appeal to you, hurry and apply now online in order to get entered into the cash drawing.

Eligibility

Minimum age. Only applicants who are at least 14 years of age can qualify for this account.
Residency requirements. Account holders must be permanent residents of Australia.

Depository requirements. This transaction account can be opened with a $1 deposit.

Documentation needed

If you are able to meet these conditions your next step should be to get the following documentation ready. This will help you in filling out the application quickly:

Tax file number. You may be asked to supply your tax file number (TFN) in order to avoid paying any withholding tax.
Identification. Information from your driver's licence or passport is necessary to verify your identity. In some circumstances you may be asked to appear in person at a branch to complete this step if it cannot be done online.
Switching accounts. If you are making a switch in your transaction account from another bank, there is a special form for you to fill out. This will allow for all of your information regarding your existing account to be transferred to the Day2Day Plus.

What happens after I submit my application?

Once you have submitted your application it will be processed by the bank who will then go ahead and open the account and issue you your card. At this point you can begin using it to enter the July drawing for cash.

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6 Comments

Mervyn
March 25, 2019

What is the interest rate on the BOQ Day2Day Plus account?

finder Customer Care

Mai
March 26, 2019

Hi Mervyn,

Thank you for reaching out to Finder.

BOQ Day2Day Plus is a transaction account linked to your debit card and does not incur an interest rate.

Should you wish to get a BOQ savings account, you can try –

Bonus Interest Savings Account – 2.20% p.a. Max Variable Rate and 0.80% p.a. Standard Rate
BOQ WebSavings Account– 2.80% p.a Max Variable Rate and 1.20% p.a. Standard Rate

Hope this helps and please feel free to contact us back should you require further assistance.

Kind Regards,
Mai

kasper
July 20, 2018

Can you please confirm if the BOQ Day2Day plus transaction account has any limits around the number of electronic transactions per month?

finder Customer Care

Jhez
July 23, 2018

Hello Kasper,

Thank you for your comment.

One of the features of this account is having unlimited transactions. These include cheques, withdrawals, BOQ balance enquiries, funds transfer and BPAY transactions.

Regards,
Jhezelyn

Mark
February 1, 2018

For the Day2Day Plus Account, are there any fees for transferring funds to non-BOQ banks accounts?

finder Customer Care

Robyn
February 1, 2018

Hello Mark,

Thank you for your inquiry. To answer your question directly, it is free to transfer funds to other financial institutions using the internet banking facility.

Hope this helps. Should you have further questions or clarifications, please do not hesitate to contact us again.

Best Regards,
Robyn

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Bank of Queensland Day2Day Plus Account