7.8 / 10

based on 3405 reviews as rated by Mozo community

Bank of Queensland savings accounts

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.

Bank of Queensland offers the following savings accounts

Rates and fees verified as correct at 03 March, 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)

0.65% 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)

0.65% p.a. (for $2,000 and over)

Yes up to $250,000

How are Bank of Queensland savings accounts rated?

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.

Icon of savings-accounts
Bank of Queensland savings accounts
Overall
7.8/10
Price
Features
Customer service
Convenience
Trust

1053 Reviews

Recent Bank of Queensland savings account reviews

Bank of Queensland Savings Account review
Overall 9/10
Great to have shopfront and friendly helpful staff

Friendly helpful staff, when I have a problem thy have always been able to fix it. Great to have a shop front and be able to talk to a person.

Read full review

Friendly helpful staff, when I have a problem thy have always been able to fix it. Great to have a shop front and be able to talk to a person.

Price
5/10
Features
3/10
Customer service
10/10
Convenience
10/10
Less
Colin, Victoria, reviewed 6 days ago
Bank of Queensland Bonus Interest Savings Account review
Overall 10/10
Certainly worth trying and enquiring about

The bank is Bank of Queensland, staff are personally known, the suburb is Woodridge. We wanted to get away from a health fund, upon enquiries we were recommended the bonus interest savings account. This has been so easy to use by my wife and myself for health purposes only. We put away what the health fund cost per month and with the interest we are well ahead of the health fund, and we really suggest for anyone to prove the benefits. Our bank is owned as a franchise business which makes the personal atmosphere most enjoyable.

Read full review

The bank is Bank of Queensland, staff are personally known, the suburb is Woodridge. We wanted to get away from a health fund, upon enquiries we were recommended the bonus interest savings account. This has been so easy to use by my wife and myself for health purposes only. We put away what the health fund cost per month and with the interest we are well ahead of the health fund, and we really suggest for anyone to prove the benefits. Our bank is owned as a franchise business which makes the personal atmosphere most enjoyable.

Price
7/10
Features
9/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Brian, Queensland, reviewed 7 days ago
Bank of Queensland WebSavings Account review
Overall 9/10
Great Service

Good rate then (though not so good now). Convenient branch - so much better than online banking with Citibank who were hopeless. Best of all were the staff at the Fremantle branch. Could not do enough to help.

Read full review

Good rate then (though not so good now). Convenient branch - so much better than online banking with Citibank who were hopeless. Best of all were the staff at the Fremantle branch. Could not do enough to help.

Customer service
10/10
Convenience
9/10
Trust
9/10
Less
Michael, Western Australia, reviewed 19 days ago
Bank of Queensland WebSavings Account review
Overall 8/10
My pay goes into this account, easier to leave as.

I have been with this bank for over 40 years and only find it harder to visit them because they don't have a branch in Albany WA.

Read full review

I have been with this bank for over 40 years and only find it harder to visit them because they don't have a branch in Albany WA.

Price
7/10
Features
7/10
Customer service
10/10
Convenience
8/10
Trust
9/10
Less
Karen, Western Australia, reviewed about 1 month ago

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.

Savings account quick links