Interest rates are variable rates and are subject to change at any time without notice.
^ A Bonus Interest variable rate will only be paid if Bonus Criteria are met in the previous month. Bonus Criteria will be met where both the following conditions are met: a minimum of $200 for Fast Track Starter or $1,000 for Fast Track Saver is credited to the linked Day2Day Plus Account in the prior calendar month. This excludes amounts transferred from another one of your BOQ Accounts including any Account you may be linked to as an Authorised User or joint Account holder; AND at least 5 direct debit transactions, ATM withdrawals or purchases of goods or services from a Merchant are made in the prior calendar month by using your eftpos Card or BOQ Visa Debit Card associated with your linked Day2Day Plus Account. This does not include cheques written or deposited, branch cash withdrawals, transfers or payments to any BOQ account or to a non-BOQ account via Internet Banking, in branch or at ATMs, transfer of funds to accounts held at an overseas bank, BPAY payments, pending Visa Debit Card transactions and BOQ Credit Card transactions.Transactions that are not settled (are pending) do not count towards the Bonus Criteria. If a transaction is made but settles in the following calendar month then the transaction will be counted in the following calendar month.The variable Base Rate applies to balances over $250,000.
The variable Base Rate always applies in the first month after opening an account. In the first month, Bonus Criteria on the transaction account is measured from the time the Fast Track Saver/Starter Account is opened, not the full calendar month even if the transaction account was already existing. If Bonus Criteria conditions are not met the variable Base Rate only will apply.
*Rate includes additional interest rate of 0.60% p.a. which will be paid for 4 months from account opening date - to any new customers who open a WebSavings Account® on or after 31 July 2020. Additional interest only applies to account balances of $2,000 or more and is not available to existing customers whether or not they hold a WebSavings Account®. After 4 months from the account opening date, the interest rate will revert to the standard WebSavings Account® variable interest rate.
+A Bonus interest will be paid in addition to the base rate if no more than one (1) withdrawal is made during a calendar month.
#BOQ Money Market Deposit Accounts are administered by DDH Graham Limited's Money Market Division.