Reverse Charges Account®


Get paid a bonus for your everyday banking

Reverse Charges Account® gives you a bonus payment simply for using it as your transactions account. All you need to do is maintain a minimum monthly balance of $2,000 and you'll receive a bonus paid into your account each quarter. 


With unlimited free withdrawals and easy access to your cash, the Reverse Charges Account may be perfect for your everyday banking. 

Apply now 

Features and Benefits

  • unlimited free deposits and withdrawals through any BOQ branch, redi-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
  • Worldwide card acceptance with a Visa Debit Card


Maintain a minimum monthly balance of $2,000 and enjoy: 

  • No monthly account maintenance fee
  • A bonus payment of $2/month deposited straight into your account 


Existing BOQ Internet Banking users can apply for the Reverse Charges Account® 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

Amount $ 

Interest rate 

1 and over       

0.00% p.a.

Interest is calculated daily and paid quarterly at a variable rate. Subject to change without notice. If you have a Personal Overdraft Facility attached to your Reverse Charges Account®, view the annual percentage rate you are charged when you are in overdraft.


View all savings account interest rates.


Apply now 

Fees and Charges

For important information on the Reverse Charges Account, view the Terms and Conditions below: