Open your Simple Saver account
Why choose the Simple Saver?

Mobile banking made better
A Simple Saver savings account is accessible via the myBOQ app - the banking app designed to make your everyday banking easier.

To download the myBOQ app search 'myBOQ' in the app store.
Things you should know
- myBOQ is a new mobile app that features exclusive 'app-only' accounts and transaction types that cannot be accessed via Internet Banking.
- If you're a BOQ account holder with existing accounts that you access via Internet Banking, please note these accounts aren't accessible from the myBOQ app.
Ready to apply?
A simply great savings rate for our Simple Savers
Simple Saver Account interest rates
Interest rate % p.a. up to $1M |
Interest rate % p.a. over $1M, up to $5M |
Interest rate % p.a. over $5M |
---|---|---|
4.85 | 4.85 | 0.05 |
- This offer can be amended and/or withdrawn by BOQ at any time without notice.
Fees and Charges
Please click here for more details on fees and charges.
Open your Simple Saver account now!
- Scan the QR code to download the app
- Enter your ID and personal details
- Start using your new accounts
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Or apply online today
Check your eligibility
You will need:
- To be aged over 14
- To be the account holder (applications cannot be completed and submitted by an Executor/Administrator/Power of Attorney/ Legal representative).
- An Australian residential address
- An Australian drivers licence or Australian passport
- An Australian mobile number
- A smartphone that supports iOS 12.0+ or Android 8.0+.
Compare our savings accounts
Looking for a better savings rate? Check out our range of savings accounts to see which one is right for you.
Simple Saver FAQs
Important Documents
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Everyday banking with no monthly fees
Everyday Account
Our simple, intuitive everyday transaction account, made even better for you with user-friendly features that help you make the most of your money.
- Access your money whenever you need, exclusively on the all-new myBOQ mobile app. Please note: As an app-exclusive account, it cannot be accessed via Internet Banking.
- Managing your money has never been easier, with in-app spend tracking to help you budget better and bill tracker to give you a heads up when bills are due.
- Fast, easy payments. Pay or be paid instantly with PayID.
- Open an Everyday Account directly within the myBOQ app and start banking with BOQ today!
BONUS INTEREST VARIABLE RATE FOR BALANCES UP TO $50,000 IF BONUS CRITERIA MET**
Future Saver Account
Our high-interest saver accounts for 14 to 35 year olds, with easy-to-earn bonus interest and no monthly account keeping fees.
- Access your money whenever you need, exclusively on the all-new myBOQ mobile app. Please note: As an app-exclusive account, it cannot be accessed via Internet Banking.
- Let your high interest savings soar higher. Super charge your savings with easy to earn Bonus Interest.
- Simply deposit $1,000 into your linked Everyday Account from an external bank account (cash and cheque deposits excluded) and make 5 or more eligible transactions (settled, not pending).
- Stay on track and manager your savings. Set up savings goals to keep you on track with your targets.
- Switch on Round Ups to add to your savings without even thinking about it! We'll round each of your transactions to the nearest dollar and put the extra right into your savings.