Pension Plus Account
Easy banking with our retirement savings account
Easy banking with our retirement savings account
With no account fees or penalties and easy access to your money, our pension account may be perfect for your everyday banking*
Receive interest on your balance, which is deposited to your pension account each month. Interest is calculated daily and paid monthly
Amount $ | Interest rate % p.a. |
---|---|
0 – 1,999 |
0.00 |
2,000 – 45,400 |
0.10 |
45,401 and over |
0.50 |
Interest is calculated on the daily closing balance of a Pension Plus Account using a stepped rate of interest. This means that different rates of interest apply to different parts of the account balance. Please refer to section 2.10 of the Deposit Products Terms and Conditions for further information, including worked examples.
Federal Government Deeming Rates are taken into consideration to set the stepped interest rates on your Pension Plus Account, however BOQ's interest rates may not match the Federal Government Deeming Rates.
|
Applicable Fee |
---|---|
Account Maintenance Fee |
Nil |
Monthly Card Fee (Visa Debit) | $1 |
BOQ ATM/EFTPOS fees |
Free |
Internet Banking Funds Transfers to your BOQ Account or BPAY |
Free |
Teller Withdrawals | Free |
Cheques Written | Free |
Single Pay Anyone (Third party BOQ account or other financial institution transfer) |
Free |
* Other fees (including other bank ATM and International Transaction fees) and charges may be payable. Please view the Personal Banking Guide to Fees and Charges for more details.
For important information on the Pensioner Bank Account, view the Terms and Conditions.
You will need the following for your application:
Visit a branch to apply for a Pension Plus Account
EARN BONUS INTEREST VARIABLE RATE FOR NO MORE THAN 1 WITHDRAWAL
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.
GET REWARDED WITH BONUS INTEREST
It’s never too early to teach kids to save! Encourage the right saving behaviour for children under 14 with a children's savings account held in their name. Make one withdrawal a month and still earn Bonus Interest variable rate.