At a glance

0.75 %P.A.^^
4 Month Introductory Special Offer includes additional interest rate + variable standard rate*
$ 0 
Account maintenance fees
Free transfers to your BOQ transaction accounts

Features and benefits

Earn interest on your savings and access your money anytime, with our Online Savings Account. With no account maintenance fee, unlimited transfers and a competitive interest rate, boosting your money with BOQ couldn't be easier.

Earn interest

Boost your savings on balances over $2,000, calculated daily and paid monthly into your account    

Additional interest (Bonus)

Earn additional interest on top of our variable standard interest rate

Easy account access

Access your account anytime through Internet Banking or in-branch – no need to transfer your savings into another account

Secure deposits

All deposits up to $250,000 are protected by the Federal Government’s deposit guarantee, so your savings are secure with us.#

Interest rates

WebSavings Account interest rates

Introductory Special Offer - Total Variable Rate  0.75% p.a.*

(0.05% p.a. variable + 0.70% p.a. bonus) 


Interest rate % p.a.

$0 to less than $1,999  

Interest rate % p.a.

$2,000 and over*  

WebSavings Account


4 Month Introductory Special Offer
WebSavings Account

*New customers only. Offer not available to existing customers whether or not they hold a WebSavings Account.



Feature  Applicable Fees 
Minimum Monthly Balance N/A 
Account Maintenance Fee Nil
Monthly Card Fee (Visa Debit) N/A
Teller Withdrawals Free
Internet Banking Funds Transfer to your BOQ Accounts Free

Single Pay Anyone 

(Third party BOQ account or other financial institution transfer)

$0.65 each
Multi Payment $1.50 for up to 10 payments then $0.19 for each additional transaction


* Other fees & charges may be payable. Please view the Personal Banking Guide to Fees and Charges for more details.

Ready to apply?

Apply for your online savings account by following these easy steps.

To apply for a WebSavings Account, you must be: 

  • A citizen or permanent resident of Australia
  • Fourteen (14) years of age or over
  • 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 now

If you have saved your application:

Load saved application

Important information

For important information on the WebSavings Account, view our terms and conditions.

We can also help with:

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


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 that are settled (not pending) on your linked Day2Day Plus Account
  • No minimum balance required
  • Winner of multiple industry awards including RateCity Gold Award 2021 for Best Regular Savers Account