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Bank of Queensland

Bank of Queensland offers two different savings accounts, neither of which charge monthly account-keeping fees. The Bonus Interest Savings Account pays bonus interest if you make no more than one withdrawal per month. The WebSavings Account has a base interest rate of 0.01 per cent, but pays bonus interest if you have a balance of at least $2,000. Bank of Queensland also offers term deposits, credit cards, home loans, personal loans, car loans, insurance and investing services. BoQ was founded in 1874 and has more than 200 branches across Australia.

Bank of Queensland savings account repayment calculator

Thinking about taking out a savings account with Bank of Queensland? Use our savings account calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how Bank of Queensland savings account compare with various products.

Investing your money into a savings account is an effective strategy. This calculator is designed to help you achieve your savings goal faster. See how fast your savings can grow with regular deposits.

Initial deposit

Monthly deposit

Period

months

Your monthly interest earned

$11

Interest rate

2.20%

Total interest earned

$233

Total amount

$17,233

Compare your product with the big 4 banks, or add more products to compare