Your High Interest Savings Account

1.85 %P.A. ^^
Bonus Interest on balances up to $250,000 when Bonus Criteria is met*
ONGOING
Bonus Interest each month when you meet the Bonus Criteria*
SECURE
Deposits up to $250,000 protected by the Federal Government deposit guarantee #

Your Bonus Interest

Here's how you can earn your Bonus Interest with our best high interest savings account:

Bonus Criteria
  • Deposit a minimum of $1000 into your linked Day2Day Plus Account each month from an external source- like your salary and:
  • Make 5 or more eligible transactions from your linked Day2Day Plus Account each month such as settled Visa Debit Card or eftpos card purchases, ATM withdrawals or direct debits (Temporarily paused till 31 August 2020).
Important Information
  • Earn 1.85% p.a. Bonus Interest in the following month on your Fast Track Saver Account balance
  • For balances over $250,000 the Base Rate of 0.20% p.a. applies
  • Your account will earn the Base Rate in the month that you open it and any month you don't meet the Bonus Criteria

 

Temporary changes to the Bonus Criteria

To support our customers through these uncertain times, the requirement to make 5 or more eligible transactions from your linked Day2Day Plus Account has been paused, until 31 August 2020. Learn more.

Our Fast Track Saver is literally a winner. We're proud to announce that our Fast Track Saver account was recently awarded the 2020 Mozo Experts Choice Award for Regular Saver, 2020 RateCity Gold Award for Best Savings Account for Regular Savers and Canstar's 5 Star Rating for an Outstanding Value Savings Account.

The BOQ Fast Track Saver ensures you save faster with award-winning confidence.

Outstanding Value Savings Account was received in March, 2020 for the Fast Track Saver in the Regular Saver profile.

Fees & Interest Rates

When it comes to savings, we keep our fees to a minimum & rates to a max! Any fees we do have we’ll show you up front so there are no surprises.

Balance
Base + Bonus Rate % p.a.* Base Rate % p.a.
$1 to $250,000
1.85
0.20

Interest rates are variable and subject to change at any time without notice. 

Features Applicable Fees
Account maintenance fee Nil

Ready to apply?

Apply for your Fast Track Savings Account and linked Day2Day Plus Account online, in branch or give us a call.

To apply for a Fast Track Account, you must be:
  • A citizen or permanent resident of Australia
  • Aged 25 years or over (Fast Track Saver) or between 14 and 24 years (Fast Track Starter) 
  • Applying for a personal account and not in the name of a business or trust. There should be no more than two account holders for this account

What else can we help you with?

Everyday banking with no monthly fees

Day2Day Plus Account®

The Day2Day Plus Account is the everyday bank account that frees you to live the way you want, each and every day.

  • Easily manage your daily transactions and bills through internet banking
  • Unlimited deposits, withdrawals, BOQ balance enquiries, funds transfer and BPAY transactions
  • Contactless payments and secure online purchases through Visa Debit

Earn Q Rewards® points and enjoy perks

Platinum Visa Credit Card

Enjoy Q Rewards® points for every dollar you spend on Eligible Transactions4 , plus get access to complimentary international travel insurance and extended warranties (terms, conditions, limits and exclusions apply)6 .

  • 80,000 bonus Q Rewards® points if you spend $3,000 in the first 2 months from card approval on Eligible Transactions1
  • 0% p.a. on balance transfers for 14 months, reverting to the cash advance rate thereafter. No fees on balance transfers. No interest free days apply to retail purchases while you have a balance transfer3
  • Earn 2 Q Rewards® points for every dollar spent on Eligible Transactions 4

BONUS INTEREST VARIABLE RATE FOR BALANCES UP TO $10,000 IF BONUS CRITERIA MET6

Fast Track Starter Account

A great way to start saving if you are 14 - 24 years old

  • Earn ongoing Bonus Interest variable rate when you meet Bonus Criteria
  • Simply deposit $200 or more and do 5 or more eligible transactions on your linked Day2Day Plus Account
  • No minimum balance required