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3.70%
5.55%
Bank of Queensland is Australia’s fastest growing retail bank, and has come a long way from its origins as a regional Queensland bank. BOQ today boasts a wide array of banking services and 200 branches around Australia. Bank of Queensland aims to give you greater control over the management of your finances and offers everyday banking products including credit cards, home loans, term deposits, savings accounts and bank accounts.
| Product Type | Overall | Price | Features | Service | Convenience | Trust |
|---|---|---|---|---|---|---|
| Bank of Queensland savings accounts |
7.2
Based on 116 Bank of Queensland savings account reviews |
6.6 | 6.2 | 7.7 | 7.2 | 7.5 |
Read Bank of Queensland savings account reviews by the Mozo community
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Internet Banking made easy - great staff!
I like the BOQ Websavings account because they're so simple and easy to manage. I can access my accounts online and I'm not charged a ridiculous fee to transfer between my accounts. You can set up direct debits easily, so if you're the type of ... Full review
I like the BOQ Websavings account because they're so simple and easy to manage. I can access my accounts online and I'm not charged a ridiculous fee to transfer between my accounts. You can set up direct debits easily, so if you're the type of person who struggles with spending money you can simply organise to have them debited out of your account daily, weekly, monthly, or whatever you want. Internet banking with BOQ is fast, and easy. Give it a try!
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OK rates but not as good as new depoiters get
We have a term deposit which gives an interest rate for 4 months which only applies to new customers. previously we would close the existing term deposit, and open a new account to access the new bonus rate. When we closed the current account and ... Full review
We have a term deposit which gives an interest rate for 4 months which only applies to new customers. previously we would close the existing term deposit, and open a new account to access the new bonus rate. When we closed the current account and asked to take up the new term and rates, we were told that this was no longer an option. Pretty crook way to treat previous depositors.
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Best customer service from a bank!
BOQ provide great customer service, flexible options, and are always knowledgable, helpful and honest. Personal Bank Managers are a wonderful key to providing personal and professional service. Full review
BOQ provide great customer service, flexible options, and are always knowledgable, helpful and honest. Personal Bank Managers are a wonderful key to providing personal and professional service.
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Great products and brilliant customer service.
The only thing that people need to be made aware of is that this product can only be accessed in a branch or via the internet. We think it is a great savings product as there is limited access so you think twice about spending the money. Full review
The only thing that people need to be made aware of is that this product can only be accessed in a branch or via the internet. We think it is a great savings product as there is limited access so you think twice about spending the money.
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Great offset facility
The best feature of our BOQ savings account is the 'off set' feature. Any money held in our savings account off sets interest on our home mortgage at the mortgage rate applied to our home loan. You can deposit and withdraw as per normal and also... Full review
The best feature of our BOQ savings account is the 'off set' feature. Any money held in our savings account off sets interest on our home mortgage at the mortgage rate applied to our home loan. You can deposit and withdraw as per normal and also internet or phone bank and when you receive your home loan statement it shows the total interest payable - the offset interest, a huge saving, of course depending on how much you have in your savings account. Lets face it, the money in a normal savings account would earn you maybe 4%, your mortgage is around 6.5 or 7% and this is the rate your savings earns at with an off set account.
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