Please note
New customers:
- This savings account is no longer available to new customers and has been replaced by the new myBOQ Simple Saver Account available exclusively through the new myBOQ app.
Learn more about the Simple Saver Account
Current customers:
- Existing WebSavings Account customers are still able to access their account as normal via Internet Banking.
- As an existing WebSavings Account holder, please note this account is not accessible from the myBOQ mobile app, which only supports new app-exclusive accounts and transaction types.
Features and benefits
Earn interest on your savings and access your money anytime, with our WebSavings Account.
Interest rates
WebSavings Account interest rates
Introductory Special Offer - Total Variable Rate 0.65% p.a.*
(0.05% p.a. variable + 0.60% p.a. bonus)
Interest rate % p.a. $0 to less than $1,999 |
Interest rate % p.a. $2,000 and over* |
|
---|---|---|
WebSavings Account |
0.01 |
0.05 |
4 Month Introductory Special Offer | ||
WebSavings Account |
0.01 |
0.65* |
*New customers only. Offer not available to existing customers whether or not they hold a WebSavings Account.
Fees
Feature | Applicable Fees |
---|---|
Minimum Monthly Balance | N/A |
Account Maintenance Fee | Nil |
Monthly Card Fee (Visa Debit) | N/A |
Teller Withdrawals | Free |
Internet Banking Funds Transfer to your BOQ Accounts | Free |
BPAY | Free |
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 & charges may be payable. Please view the Personal Banking Guide to Fees and Charges for more details.
Important information
For important information on the WebSavings Account, view our terms and conditions.
We can also help with:
Fixed term interest rates and no account fees
Term Deposits
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.
- Flexible terms from just 1 month
- Minimum investment of just $1,000
- Choose how and when you receive interest payments
BONUS INTEREST VARIABLE RATE FOR BALANCES UP TO $50,000 IF BONUS CRITERIA MET**
Future Saver Account
Our high-interest saver accounts for 14 to 35 year olds, with easy-to-earn bonus interest and no monthly account keeping fees.
- Access your money whenever you need, exclusively on the all-new myBOQ mobile app. Please note: As an app-exclusive account, it cannot be accessed via Internet Banking.
- Let your high interest savings soar higher. Super charge your savings with easy to earn Bonus Interest.
- Simply deposit $1,000 into your linked Everyday Account from an external bank account (cash and cheque deposits excluded) and make 5 or more eligible transactions (settled, not pending).
- Stay on track and manager your savings. Set up savings goals to keep you on track with your targets.
- Switch on Round Ups to add to your savings without even thinking about it! We'll round each of your transactions to the nearest dollar and put the extra right into your savings.