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  4. Simple Saver Account

Simple Saver Account

  • 2024 Award Winner
  • App banking
  • Online banking

Maximum rate p.a.

4.85%

Base rate p.a.

4.85%

Simple Saver Account

  • 2024 Award Winner
  • App banking
  • Online banking

Maximum rate p.a.

4.85%

Base rate p.a.

4.85%

Pros and Cons

For Simple Saver Account

Benefits

  • Maximum interest rate ranked in the best 20% (conditions may apply)
  • No ongoing account fees
  • No minimum balance
  • Winner of Best Standard Savings Account, RateCity Gold Awards 2024

Drawbacks

  • This is a digital only product; branch and phone banking not available

BOQ Rate Savings Account overview

For Simple Saver Account

Account Details

Maximum rate p.a.

4.85%

Minimum age restrictions

14

Base rate p.a.

4.85%

Maximum age restrictions

Maximum rate condition

Not applicable

Minimum opening deposit

$0

Interest calculation method

Whole Balance

Target Market Determination

Visit Bank of Queensland to view Target Market Determination.

Features

Joint application available

Is online only

Linked account required

Methods of Access

Internet facility

ATM access

Phone facility

Eftpos facility

Branch access

App

App only

Fees

Account keeping fees

$0

Eftpos fee

N/A

ATM withdrawal fee

N/A

Overseas eftpos fee

N/A

Internet transaction fee

N/A

Over the counter deposit fee

N/A

Phone transaction fee

N/A

Over the counter withdrawal fee

N/A

Other Restrictions

Physical access to BOQ branch to deposit money only.