Ultimate Account
Our Ultimate Account offers you easy access to your cash and plenty of free transactions – an account that’s designed to meet your challenging lifestyle.
Features and benefits
- easy access to your money– in-branch, ATM, Internet Banking, EasyPhone banking, EFTPOS, cheque book, BPAY and Bank@Post
- ten free Internet Banking and ten free EasyPhone Banking funds transfers each month (including BPAY payments)
- free balance enquiries at our ATMs and from Internet Banking or EasyPhone Banking
- free cheque books
- regular statements
- transfer orders are free to any other Bank of Queensland accounts
- interest calculated daily and paid quarterly
- flexible overdraft facility available
- fee exemptions for children, students and home loan customers
More features and benefits
When you have a minimum monthly balance of $1,000
- there’s no monthly account maintenance fees
- you’ll receive unlimited free teller withdrawals each month at any Bank of Queensland branch
- 15 free Bank of Queensland ATM or EFTPOS withdrawals/transfers each month
- two free cheques written each month
With a minimum monthly balance below $1,000
- $5 monthly account maintenance fee applies
- you’ll receive two free teller withdrawals each month at any Bank of Queensland branch
- three free Bank of Queensland ATM or EFTPOS withdrawals/transfers each month
- two free cheques written each month
Flexible overdraft facility
For many people there will be times when funds are tight. That’s the time to consider the flexibility provided by our Personal Overdraft linked to your Ultimate Account. It is a great way to keep your cash flow going. Once your overdraft is approved you can overdraw your Ultimate Account up to the approved limit at any time. Some fees apply for the extra convenience of a Personal Overdraft – all the details are in our Personal Banking Guide to Fees and Charges on our Terms and Conditions page.
Interest rates
Interest is calculated daily and paid quarterly to your account.
Amount $ | Interest Rate |
|---|
1 to less than 5,000 | 0.01% p.a. |
5,000 to less than 25,000 | 0.01% p.a. |
25,000 and over | 0.01% p.a. |
Fees and charges
| Item | Fee/charge | Fee/charge |
|---|
Minimum monthly balance | Less than $1,000 | $1,000 and over |
Monthly Account Maintenance Fee | $5.00 | Nil |
Teller withdrawals | 2 free
then $2.00 each | Unlimited free |
Cheques written | 2 free
then $1.00 each |
ATM: |
Bank of Queensland ATM/EFTPOS withdrawals/transfers | 3 free
then $0.65 each | 15 free
then $0.65 each |
Bank of Queensland ATM Balance Enquiry | All Free |
Other bank ATM withdrawal/balance enquiry and Bank@Post | $2.00 each |
EasyPhone Banking: |
Funds transfer and BPAY | 10 free
then $0.30 each |
Funds transfer to third party Bank of Queensland accounts | $0.65 each |
Balance Enquiry
Transaction History Enquiry | All Free |
Internet Banking: |
Funds transfer and BPAY | 10 free
then $0.30 each |
Single Pay Anyone or
Funds transfer to Third Party Bank of Queensland accounts | $0.65 each |
Multi Payment | $1.30 for up to 10 payments (then $0.15 for each additional transaction) |
Balance Enquiry
Transaction History Enquiry | All Free |
Find out what information we need from you to open an account and visit your nearest branch or call our friendly customer service consultant on 1300 55 72 72.
Important information
Please view the terms and conditions listed below on the Terms and Conditions page:
- Personal Banking Guide to Fees and Charges
- Deposit Products Terms and Conditions
Information current as at July 4, 2008.
Products issued by Bank of Queensland Limited ABN 32 009 656 740 AFSL 244616. Fees and charges are payable. Full terms and conditions are available at any Bank of Queensland branch. The Bank's standard credit assessment criteria apply to overdraft products. This website contains general advice. This advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of any advice before acting on it. You should obtain and consider the terms and conditions, Financial Services Guide and Guide to Fees and Charges for the product before making any decision about whether to acquire or continue to hold it. You can obtain a copy of those documents from any Bank of Queensland branch or from this website. This information is for general information purposes only. These rates are subject to change at any time. Details of our current rates may be obtained at any branch of Bank of Queensland in Australia, or contact us at our Customer Contact Centre.