Fast Track Starter Account
A great way to start saving for 14-24 year olds
A great way to start saving for 14-24 year olds
Awarded Mozo’s Best New Savings Account of 2019
Our Fast Track Starter Account is literally a winner. We're proud to announce our Fast Track Starter Account was recently awarded the 2019 Mozo Experts Choice Award for Best New Savings Account making it the ideal account for 14-25 year olds looking to save.
No matter how much you have in your savings, earn interest to boost your balance.
Interest is calculated daily on a stepped basis and paid monthly on the first day of the month.
Bonus Interest variable rate % p.a.*
Applies when $200 is deposited to your linked Day2Day Plus Account, in the prior month
|Base variable rate % p.a.|
|$1 to $10,000|| 4.00
|$10,000.01 to $250,000||2.80
Apply for your Fast Track Starter Account and linked Day2Day Plus Account online, in branch or give us a call.
Benefit from the Day2Day Plus Account which will be opened and linked to your Fast Track Starter Account when you apply.
Everyday banking with no monthly fees
The Day2Day Plus Account is the everyday bank account that frees you to live the way you want, each and every day.
Save more with a higher interest rate with our Fast Track Saver Account, for customers aged 25 and over.
Fast track your savings with an ongoing high interest rate
Fast track your savings with a high interest savings account that rewards you for using your linked Day2Day Plus Account.
At BOQ, we keep our fees to a minimum. Any fees we do have we’ll show you up front so there are no surprises.
|Account Maintenance Fee||Nil|
A full list of fees can be found in our Fees and Charges Guide below.
For important information on the Fast Track Starter Account, view the Terms and Conditions.
Teach kids to save with BOQ’s 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.
Save with lower interest rates
Why pay high interest rates? With our Low Rate Credit Card, you can save straight away with our balance transfer offer18
Interest Rates are variable rates and are subject to change at any time without notice.
The Fast Track Starter Account will automatically convert to a Fast Track Saver Account on your 25th Birthday.
6 A Bonus Interest variable rate will only be paid if Bonus Criteria are met in the previous month. Bonus Criteria will be met where a minimum of $200 is credited to the linked Day2Day Plus Account in the prior month. The minimum amount does not include amounts transferred from another one of your BOQ Accounts. The variable Base Rate applies to balances over $250,000. The variable Base Rate always applies in the first month after opening account. In the first month, Bonus Criteria on the transaction account is measured from the time the Fast Track Starter Account is opened, not the full calendar month even if the transaction account was already existing. Interest is calculated daily on a stepped basis and paid monthly on the first day of the following month. If Bonus Criteria conditions are not met the variable Base Rate only will apply.
7 Bonus Interest applies for the following month, if the Bonus Criteria is met in the prior month. Bonus Criteria will be met where a minimum of $1,000 is credited to the linked Day2Day Plus Account in the prior month. This $1,000 of credit does not include amounts transferred from another one of your BOQ Accounts. For balances over $250,000, the base rate applies. Interest is calculated daily on a stepped basis and paid monthly on the first day of the following month.
¹⁸To be eligible for the balance transfer offer you need to apply for the BOQ Low Rate Visa card by 31 March 2019. Your total balance transfers may not exceed 80% of your credit limit. The 0% p.a. interest rate applies to balances transferred with this offer, for a period of 14 months. The 14 month promotional period commences once the balance transfer is processed. At the end of the balance transfer period, the interest rate on any outstanding transferred balance and balance transfer fee will revert to the variable Annual Percentage Rate for Cash Advances, 21.49% p.a. Please note you are not entitled to any interest free days whilst you have a balance transfer. This means that all spend will be charged interest at the applicable annual percentage rate. Balance transfers from other Citi-issued credit facilities are excluded.
Conditions, Criteria and Fees Apply. You should obtain and consider the relevant Product Disclosure Statement (PDS), terms and conditions and Guide to Fees and Charges for the product before making any decision about whether to acquire or continue to hold it. Full terms and conditions are available online or at any Bank of Queensland branch.