Choose your best savings account

Whether you’re saving for something special, saving for a rainy day or teaching a little one to save – BOQ has a savings account to help you reach your savings goal.

A high interest savings account with easy online access

WebSavings Account

Make the most of your savings with high interest on your BOQ WebSavings Account with the flexibility of accessing your money anytime. Terms and conditions apply.

  • Earn bonus interest
  • No account maintenance fee
  • Unlimited transfers

Earn bonus interest on our interest earning savings account

Bonus Interest Savings Account

Whether you're saving for a new purchase, a house deposit, a new baby or something else, our Bonus Interest Savings Account will help you reach your savings goal faster. Terms and conditions apply, view Bonus Interest Savings Account for details.

  • Make one withdrawal a month and still earn bonus interest
  • No minimum balance to start earning interest
  • No monthly account maintenance fees

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.

  • Flexible terms from just 1 month
  • Minimum investment of just $1,000
  • Choose how and when you receive interest payments

Teach kids to save with BOQ’s Kids Savings Account

Kids Savings Account

It’s never too early to teach kids to save! Encourage the right saving behaviour for children under 14 with a children's savings account held in their name. Terms and conditions apply.

  • Start earning high interest from the first dollar
  • Deposit only access for the linked child
  • Manage the account on your internet banking

3Rate includes bonus interest of 1.60% p.a. which will be paid for 4 months from account opening date. Bonus interest offer available only to new, personal customers who open a WebSavings Account® from 11/08/2017. Minimum account balance of $2,000 applies. Offer not available to existing customers whether or not they hold a WebSavings Account®.

Compare Savings Accounts and Term Deposits

WebSavings Account Bonus Interest Savings Account Kids Savings Account Term Deposits
Eligibility

Personal customers only (excluding Self Managed Super Funds)

Personal customers only (excluding Self Managed Super Funds)

Personal customers only (excluding Self Managed Super Funds)

Personal and business customers (including Self Managed Super Funds)

Interest
Calculated daily *
Paid monthly *
Paid on maturity or annually
Bonus interest paid
Reinvested
Paid to another Bank of Queensland account
Minimum opening deposit $1 $1 $1 $1,000
Minimum balance $1 $1 $1 $1,000
Additional deposits (During renewal grace period only)
Withdrawals
Allowed (Deposit only access for the child) (During renewal grace period only)
Interest adjustment on early withdrawal (Account closure required if withdraw during investment term)
Account access
In-branch
Cheque book
BOQ or redi-ATM
EFTPOS
Bank@Post
Other ATMs
Telegraphic transfers
Transfer orders
Internet Banking Enquiries only

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