Reverse Charges Account®


The Reverse Charges Account® is the first transaction account in Australia to pay you a fee for giving us your business; and it gives you the freedom to do banking your way - with easy access to your cash.


Features and benefits

The Reverse Charges Account® gives you unlimited free deposits and withdrawals through: any Bank of Queensland branch, Bank of Queensland ATM's Australia-wide, Internet Banking, EasyPhone banking, EFTPOS, cheque book and BPAY*

  • Flexible overdraft facility available
  • Fee exemptions available for people under 18 years of age, full time secondary school, TAFE or university students and home loan customers
  • Transfer to any other Bank of Queensland account for free.


With a minimum monthly balance of $2,000, 

  • No monthly account maintenance fee
  • We'll actually pay you a fee for your business


With a minimum monthly balance below $2,000 

  • A full service transaction account with a flat monthly account maintenance fee
Apply online now

1300 55 72 72


Existing BOQ Internet Banking users can request a new Reverse Charges Account® from within Internet Banking. Alternatively, you can apply online, visit your nearest branch or call our friendly customer service consultants on 1300 55 72 72. 

Interest rates

Interest is variable and subject to change without notice. Calculated daily and paid monthly. The current rates applicable to this account are available on the Today's rates page.

Fees and charges

Please view the terms and conditions listed below on the Terms and Conditions page: