Bonus Interest Savings Account
Earn bonus interest with our interest earning savings account
Earn bonus interest with our interest earning savings account
Learn more about the Simple Saver Account
Whether you're saving for a new purchase, a house deposit, a new baby or something else, our Bonus Interest Savings Account will help you reach your savings goal faster.
Interest is calculated daily and paid monthly^.
Balance | Variable Base interest rate % p.a. | Variable Base + Bonus interest rate % p.a.* |
---|---|---|
$1 to $4,999 | 0.05 | 2.75 (base rate + 2.70% p.a. bonus interest) |
$5,000 to $49,999 | 0.05 | 2.75 (base rate + 2.70% p.a. bonus interest) |
$50,000 and over | 0.05 | 2.75 (base rate + 2.70% p.a. bonus interest) |
Bonus interest will be paid in addition to the base rate if no more than one (1) withdrawal is made during a calendar month. Calculated daily and paid monthly^. Interest rates are calculated on a tiered basis.
Features | Applicable Fees |
---|---|
Minimum Monthly Balance | Nil |
Account Maintenance Fee | Nil |
Monthly Card Fee (Visa Debit) | Free |
Teller Withdrawals | Nil |
BOQ ATM/eftpos withdrawals/transfers | 1 free then $0.65 each |
Internet Banking Funds Transfer to your BOQ Account or BPAY | 1 free then $0.30 each |
Single Pay Anyone (Third party BOQ account or other financial institution transfer) |
$0.65 each |
Multi Payment | $1.50 for up to 10 payments then $0.19 for each additional transaction |
~ Other fees (including other bank ATM and International Transaction fees) and charges may be payable. Please view the Personal Banking Guide to Fees and Charges for more details.
For important information on the Bonus Interest Savings Account, view the Terms and Conditions.
Fixed term interest rates and no account fees
Rewarding you with higher interest on balances over $5,000. Enjoy the security of a fixed rate for your nominated term.
We’re receiving a high volume of online applications at the moment, so it might take us a little longer than usual to get your account ready for you. Please be assured we’ll process your request as quickly as possible.
BONUS INTEREST VARIABLE RATE FOR BALANCES UP TO $50,000 IF BONUS CRITERIA MET**
Our high-interest saver accounts for 14 to 35 year olds, with easy-to-earn bonus interest and no monthly account keeping fees.