based on 3438 Bank of Queensland banking product 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.

BoQ won a 2022 Mozo Experts Choice Award for regular savings accounts!

Bank of Queensland offers the following savings accounts

Rates and fees verified as correct at 20 May 2022. Other information correct at the time of writing. Advertiser disclosure.

Product Interest rate Maximum rate Govt deposit guarantee
Future Saver Account - 14 to 35 years

0.05% p.a.(for $0 and over)

3.00% p.a. (for $0 to $50,001)

Yes up to $250,000

Simple Saver Account

0.45% p.a.(for $0 to $5,000,001)

No Current Offer

Yes up to $250,000

Smart Saver Account

0.05% p.a.(for $0 and over)

0.80% p.a. (for $0 to $250,001)

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
Price
Features
Customer service
Convenience
Trust

1062 Reviews

Recent Bank of Queensland savings account reviews

Bank of Queensland Savings Account
Overall 10/10
Quality, reliable Bank.

I’ve had a couple of recent issues/ scams and they have stood up and handled things extremely well.

Read full review

I’ve had a couple of recent issues/ scams and they have stood up and handled things extremely well.

Price
10/10
Features
8/10
Customer service
10/10
Convenience
10/10
Trust
9/10
Less
Peter, Queensland, reviewed 5 months ago
Bank of Queensland Savings Account
Overall 1/10
Bank with them if you have patience

The worst bank I've ever banked with. Their app is worse to use, hasn't updated since 2018. Can't use PayID or Osko. Not user-friendly at all, might as well use the website. Not flexible at all. My account somehow got restricted access for no reason at all. When calling Customer Contact Centre, always have to wait 20min or more.

Read full review

The worst bank I've ever banked with. Their app is worse to use, hasn't updated since 2018. Can't use PayID or Osko. Not user-friendly at all, might as well use the website. Not flexible at all. My account somehow got restricted access for no reason at all. When calling Customer Contact Centre, always have to wait 20min or more.

Price
5/10
Features
1/10
Customer service
2/10
Convenience
1/10
Trust
1/10
Less
Karen, New South Wales, reviewed 9 months ago
Bank of Queensland Savings Account
Overall 1/10
Devious and most disappointing

Terrible banking assistance both in the bank and telephone banking. It is not unusual to wait about an hour for telephone assistance and in the usual huge queue lines in the bank. The staff never get back to you as promised. They do not advise where you are in the telephone queue or how long you have to wait just advise we are working hard to answer your call &... Your are progressing in the queue we will be with you shortly... even after an hours wait. Their customer care and satisfaction is arrogantly non existent.

Read full review

Terrible banking assistance both in the bank and telephone banking. It is not unusual to wait about an hour for telephone assistance and in the usual huge queue lines in the bank. The staff never get back to you as promised. They do not advise where you are in the telephone queue or how long you have to wait just advise we are working hard to answer your call &... Your are progressing in the queue we will be with you shortly... even after an hours wait. Their customer care and satisfaction is arrogantly non existent.

Price
5/10
Features
3/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Jay, Queensland, reviewed 9 months ago
Bank of Queensland Smart Saver Account
Overall 5/10
1200000

Corporate Account

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Corporate Account

Price
5/10
Features
5/10
Customer service
5/10
Convenience
3/10
Trust
4/10
Less
Sabry, Tasmania, reviewed 11 months ago

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Savings account quick links