Rates and fees verified as correct at 09 May, 2021. Other information correct at the time of writing. Advertiser disclosure.
| Product | Interest rate | Maximum rate | Govt deposit guarantee | |
|---|---|---|---|---|
| Bonus Interest Savings Account | 0.05% p.a.(for $1 and over) | 0.55% p.a. (for $1 and over) | Yes up to $250,000 | |
| Cash Management | 0.10% p.a.(for $1 to $100,000) | No Current Offer | Yes up to $250,000 | |
| Fast Track Saver Account | 0.05% p.a.(for $1 and over) | 1.05% p.a. (for $1 to $250,000) | Yes up to $250,000 | Go to site |
| Fast Track Starter Account (14 to 24 years) | 0.05% p.a.(for $1 and over) | 3.00% p.a. (for $1 to $10,000) | Yes up to $250,000 | Go to site |
| WebSavings Account | 0.05% p.a.(for $2,000 and over) | 0.55% p.a. (for $2,000 and over) | Yes up to $250,000 |
Mozo users have rated Bank of Queensland savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
1058 Reviews
Transfers have to be made with a token but after only three withdrawals over a couple of years it failed to work. The response by call centre was that I needed to call into my branch. I live mid north coast and nearest branch is Newcastle which is at least an hour drive away. No facility online to order a new one. Other possibility was to set up an app on the phone. However this could not be done online and I had to wait to receive a NoCaller ID phone call. If you do not answer two calls the request is cancelled. The answer to every question is "Go into your branch". This bank appears to be living in the dark ages before online banking by every other bank I deal with became so easy. I have not been advised to "go into your branch" for many years now and certainly not in recent COVID times. I am now cancelling my accounts as evidently the customer is not of value to the Bank of Queensland. Additionally, the online portal gives minimal information and that includes no interest rate shown.
Read full reviewTransfers have to be made with a token but after only three withdrawals over a couple of years it failed to work. The response by call centre was that I needed to call into my branch. I live mid north coast and nearest branch is Newcastle which is at least an hour drive away. No facility online to order a new one. Other possibility was to set up an app on the phone. However this could not be done online and I had to wait to receive a NoCaller ID phone call. If you do not answer two calls the request is cancelled. The answer to every question is "Go into your branch". This bank appears to be living in the dark ages before online banking by every other bank I deal with became so easy. I have not been advised to "go into your branch" for many years now and certainly not in recent COVID times. I am now cancelling my accounts as evidently the customer is not of value to the Bank of Queensland. Additionally, the online portal gives minimal information and that includes no interest rate shown.
This is a private owned bank and I highly recommend them.
Read full reviewThis is a private owned bank and I highly recommend them.
Easy to deal with and understand
Read full reviewEasy to deal with and understand
I have had several banks over the years and find the Bank of Queensland to be the best of all of them.
Read full reviewI have had several banks over the years and find the Bank of Queensland to be the best of all of them.
† Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.
