Download the app to get started
Get setup with a new account in only a few minutes. Applications can be submitted directly via the myBOQ app so you can bank on the go at any time.
Why choose the Smart Saver account?
Plus an account to help you make everyday spending easy
Ready to Apply?
Getting started is easy. Open and use your accounts in minutes.
How to Earn Bonus Interest (Bonus Criteria)
Note: To help you get started on reaching your savings goals, you'll start earning Bonus Interest straight away after opening your Smart Saver Account. To continue to earn Bonus Interest each month, you'll need to meet the above Bonus Criteria.
Interest rates
Balance up to | Base + Bonus Interest variable rate % p.a.* | Base variable rate % p.a. |
---|---|---|
$250,000 | 0.80% | 0.05% |
$250,001 + | - | 0.05% |
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.
Fees and Charges
Please view the myBOQ Deposit Account Interest Rates, Transaction Limits, Fees and Charges document for more details.
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 or Medicare card
- An Australian mobile number
- A smartphone that supports iOS 12.0+ or Android 8.0+.
Smart 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 on the all-new myBOQ mobile app
- 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!
Get a great, ongoing interest rate for balances up to $1 million
Simple Saver Account
No hoops and no fuss when you just want to save. Simply sit back and watch your savings grow.
- Access your money whenever you need on the all-new myBOQ mobile app
- No monthly account keeping fees.
- Open up to 9 Simple Saver accounts and keep on track with all your goals
- Open a Simple Saver account directly within the myBOQ app and start banking with BOQ today!