Our Youth Savings Account

3.00 %P.A.^^
Bonus Interest on balances up to $10,000 when Bonus Criteria is met*
Bonus Interest variable rate when you meet the Bonus Criteria*
1.05 %P.A.^^
Bonus Interest on balances between $10,000 to $250,000 when Bonus Criteria is met*

Your Bonus Interest   

Here's how you can earn your Bonus Interest with our youth savings account:

Bonus Criteria
  • Deposit a minimum of $200 into your linked Day2Day Plus Account each month from an external source- like your pay; 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 
Important Information
  • Earn Bonus Interest 3.00% p.a. up to $10,000 in the following month on your Fast Track Starter Account balances 
  • For balances between $10,000 and $250,000 earn Bonus Interest 1.05%p.a. and for balances over $250,000 the Base Rate of 0.05% 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
  • Competition Terms & Conditions##

    Promotion commences on 1 September 2020 and ends on 30 November 2020. Promotion open to Australian residents over 18 years who hold a BOQ Account with one or more linked personal BOQ Debit Card(s) and who make five eligible transactions using their personal BOQ Debit Card during a calendar month in the Promotion Period. 5 Prizes of $5,000 deposited into the winners’ BOQ Account to be drawn by 5pm AEST on each of 7 October 2020, 9 November 2020 and 7 December 2020 from eligible entries received during the relevant calendar month at Level 5, 100 Skyring Terrace Newstead QLD 4006 (total of 15 prizes of $5,000 each to be won – total prize pool of $75,000). Winners will be notified by email and phone, and winners’ names will be published in The Australian within 14 days of each Prize Draw and on BOQ’s Facebook page on the same day as each Prize Draw. Full terms and conditions and rules of entry available here. Authorised under permit numbers: ACT TP 20/00948.1. SA T20/833. NSW TP/00096. The Promoter is Bank of Queensland Limited ABN 32 009 656 740 (BOQ) of Level 6, 100 Skyring Terrace Newstead QLD 4006.



  • We're award winning 

    Awarded Mozo’s Best New Savings Account of 2019

    Winner, winner 

    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. 

    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 Interest variable rate % p.a.* Base variable rate % p.a.
    $1 to $10,000  3.00
    $10,000.01 to $250,000 1.05

    Interest rates are variable rates and are subject to change at any time without notice. Interest is calculated daily on a stepped basis and paid monthly on the first day of the following month.

    Features Applicable Fees
    Account Maintenance Fee Nil

    A full list of fees can be found in our Fees and Charges Guide.

    Ready to apply?

    Apply for your Fast Track Starter 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 between 14 and 24 years (Fast Track Starter) or 25 years or over (Fast Track Saver)
    • 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

    Submit your application

    Apply online now

    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


Fast Track Saver Account

Feel sure of your savings with a high interest savings account that rewards you for using your linked Day2Day Plus Account.

  • Earn ongoing Bonus Interest variable rate when you meet Bonus Criteria
  • Simply deposit $1,000 or more and do 5 or more eligible transactions on your linked Day2Day Plus Account
  • No minimum balance required