Premier Investment Account
The Premier Investment Account is our term deposit account, rewarding you by paying higher interest rates for the greater commitment of your funds.
Features and benefits
- an investment bank account that pays competitive interest rates
- start with a minimum investment amount of just $1,000
- no account maintenance or transaction fees
- wide choice of terms, starting from 28 days up to five years
- choose how and when you receive your interest payments
- easy reinvestment, with automatic rollover at maturity for your choice of term
- use Internet Banking or EasyPhone Banking to check your balance
- reinvest your interest payments
- arrange direct payment from your term deposit account to another bank account
Easy reinvestment
The amount in your investment account will automatically rollover at the end of the investment term (unless you’ve given us other instructions). You can choose the new lodgement term in advance. If you prefer, we’ll notify you before your investment matures so you can make your choice based on current interest rates.
Interest rates
Interest is calculated on daily balances and credited back to your term deposit account, or into another account in line with your payment instructions. Rates are updated regularly to ensure healthy returns on your investment.
The current interest rates are available on the Today's rates page.
- All rates are quoted per annum.
- Minimum investment amount and account balance is $1,000.
- Interest is calculated daily and paid at the end of the investment term or, in the case of investments longer than 12 months, paid annually into your investment bank account.
- If you choose to receive your interest payments on a monthly basis, the applicable interest rates will be 0.25%pa less than the end of term interest rate quoted above, excluding rates for one month or less which are as quoted in the table above.
- If you invest between $25,000 and $250,000 and you are a Home Loan Privileges Package customer, you can receive bonus interest of 0.25%pa on your term deposit account, in addition to the rates quoted above. The bonus interest is not available in conjunction with any other bonus interest offer or on Special rates. Please apply at your local branch.
- Eligible Bank of Queensland shareholders receive 0.10%pa bonus interest in addition to the rates quoted above for amounts between $25,000 and $250,000. The bonus interest is not available in conjunction with any other bonus interest rate offer or on special rates.
- If you withdraw your funds before the end of your investment term, an interest adjustment will apply and a $30 early payout fee will be deducted from your investment bank account.
Apply for a Premier Investment Account by finding out what information we need from you to open an account and then visit a branch or call us 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
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. Interest rates quoted are indicative only and are subject to change without notice. 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.