At a glance

$ 0 
Account maintenance fee*
$ 2 
Monthly bonus payment
$ 2,000 
Minimum monthly balance

Why choose our Reverse Charges Account?

Reverse Charges Account® gives you a bonus payment simply for using it as your transactions account. All you need to do is maintain a minimum monthly balance of $2,000 and you'll receive a bonus paid into your account each quarter.

Unlimited free withdrawals and deposits

Through any BOQ branch, all rediATMs and some other Australian bank's ATMs, Internet Banking, EFTPOS, cheque book and BPAY.**   

Visa Debit Card

Use your Visa Debit Card worldwide, wherever Visa is accepted    

Flexible overdraft facility

Draw additional funds up to an approved overdraft limit, with a flexible overdraft facility.

Secure deposits

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

Maintain a minimum monthly balance of $2,000 and enjoy:

  • No monthly account maintenance fee
  • A bonus payment of $2/month deposited straight into your account each quarter


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 $2,000 $2,000 and over

Account Maintenance Fee



Monthly Card Fee (Visa Debit)



Bonus Payment*



Withdrawals/Transfers/Balance Enquiry
Free Free

If you have a Personal Overdraft Facility, attached to your Reverse Charges Account®, view the annual percentage rate you are charged when you are in overdraft.

See the PDF below for the full list of fees and charges.

Important information

For important information on the Reverse Charges Account, view the terms and conditions.

Ready to apply?

Applying for a Reverse Charges Account is simple. You can apply in branch or over the phone.

Chat to us

We can also help with:

Everyday banking with no monthly fees

Day2Day Plus Account®

The Day2Day Plus Account is the everyday bank account that frees you to live the way you want, each and every day.

  • Easily manage your daily transactions and bills through internet banking
  • Unlimited deposits, withdrawals, BOQ balance enquiries, funds transfer and BPAY transactions
  • Contactless payments and secure online purchases through Visa Debit


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