Cash Management Account
Earn interest on your everyday transaction account with easy access to your money
At a glance
1.00
%P.A.
Earn interest on balances from $1
$
0
Account keeping and transaction fees^*
FREE
Visa Debit Card
$
0
Minimum monthly deposit
Why choose our Cash Management Account?
Maintain a minimum monthly balance of $5,000 and enjoy:
No account keeping fees
Account keeping and transaction fees are waived when you maintain a monthly minimum balance of $5,000*
Unlimited BOQ transactions
Unlimited BOQ transactions through redi-ATM, EFTPOS and cheques*
No minimum monthly deposit
You can deposit as much or as little as you like, at any time
Free Visa Debit Card
Use your Visa Debit Card to shop online, over the phone or in store, in Australia and overseas
Access when you need it
Access your money at any time via internet and mobile banking
For minimum monthly balances below $5,000:
- 4 free BOQ branch withdrawals each month
- 8 free BOQ ATM or EFTPOS withdrawals / transfers each month
- 10 free Internet Banking funds transfers each month (including BPAY payments)
- $5 monthly account maintenance fee
Interest rates
Maintain a monthly minimum balance of $5,000.
| Amount $ | Base Interest Rate % p.a. |
|---|---|
1 – 9,999 |
1.00 |
10,000 – 19,999 |
1.00 |
20,000 – 49,999 |
1.00 |
50,000 – 99,999 |
1.00 |
100,000 – 249,999 |
1.25 |
250,000 and over |
1.25 |
Fees
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.
Minimum Monthly Balance |
Less than $5,000 |
$5,000 and over |
|---|---|---|
Account Maintenance Fee |
$5 |
Nil |
| Monthly Card Fee (Visa Debit) | Free | Free |
BOQ ATM/EFTPOS fees |
8 free then 65c each |
Free |
Internet Banking Funds Transfers and BPAY |
10 free then $0.30 each |
Free |
A full list of fees and charges are listed in our Fees and Charges Guide below.
Important information
For important information on the Cash Management Account, view the Terms and Conditions.
Ready to apply?
Applying for a Cash Management Account is simple. You can apply online, in branch or on the phone.
Applying online
Step 1. Check your eligibility. You must be:
- A citizen or permanent resident of Australia
- Fifteen(15) 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
Step 2. Apply online now
Step 3. Load saved application
Chat to us
- Call us on 1300 55 72 72
- Come in and see us
Find your nearest branch
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Earn bonus interest on our interest earning savings account
Bonus Interest Savings Account
Whether you're saving for a new purchase, a house deposit, a new baby or something else, our Bonus Interest Savings Account will help you reach your savings goal faster. Terms and conditions apply, view Bonus Interest Savings Account for details.
- Make one withdrawal a month and still earn bonus interest
- No minimum balance to start earning interest
- No monthly account maintenance fees
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
