Bank of Queensland logo

Bank of Queensland Smart Saver Account

Advertiser disclosure
Interest rate
0.05% p.a.(for $0 and over)
Maximum rate
5.00% p.a. (for $0 to $250,001)
Govt deposit guarantee
Yes up to $250,000

Mozo editorial review Bank of Queensland Smart Saver Account - last updated: 26 March 2024

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What's hot
  • Ongoing 5.00% p.a. bonus interest on balances up to $250,000 (conditions apply)
  • No account fees
  • Unlimited free withdrawals
What's not
  • No ATM access
Mozo snapshot

If you’re ready to kickstart your savings with a bang, why not check out the Bank of Queensland Smart Saver Account.

With an ongoing 5.00% p.a. bonus interest rate up for grabs on balances up to $250,000 (if $1,000 or more is credited to the linked Everyday Account in the previous month and 5 eligible transactions are made by the linked account), you have the chance to be rewarded for your hard earnings savings while paying no account fees.

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Key features

The Bank of Queensland Smart Saver Account features an ongoing bonus rate of 5.00% p.a., on balances starting from $1 right up to $250,000, so long as you meet the minimum requirement of depositing $1,000 or more into your linked Everyday Account during the previous month. You also won’t have to worry about any fees, as this account comes with no account maintenance fees.

Additionally, this account offers unlimited free transactions from branch withdrawal, branch deposit and via the internet, so you'll have the freedom to make as many deposits and withdrawals as you like.

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Who is it good for

The Bank of Queensland Smart Saver Account could be a great choice for Aussies who have a tendency to dip into their savings frequently and who'll be able to meet the bonus rate requirements each month.

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Any catches

If you ever need to withdraw cash from your account, keep in mind that the Smart Saver Account doesn’t offer ATM withdrawals.

Details

Rates and fees information correct as at 21 April 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Balances from $0: 0.05% p.a.

Balances from $0: 5.00% p.a.
Balances from $250,001: 0.05% p.a.

Ongoing bonus rate applied if in the previous month $1,000 or more is credited to the linked Everyday Account and 5 eligible transactions are made by the linked account.

Fees

$0.00

n/a

Unlimited free transactions from branch withdrawal, branch deposit, internet.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

$0.00

n/a

Other financial bits

$1.00

$1.00

Monthly

Features

no

n/a

no

no

no

yes

no

no

no

yes

no

none

none

none

Customer Reviews

How are Bank of Queensland savings accounts rated by the Mozo community?

Overall
Price
Features
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Latest reviews of Bank of Queensland Smart Saver Account Savings Account

About Bank of Queensland

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Rabobank

High Interest Savings Account

5.75% p.a. (for $0 to $250,001)

4.40% p.a.(for $0 to $250,001)

Yes up to $250,000

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Macquarie

Savings Account

5.35% p.a. (for $0 to $250,000)

4.75% p.a.(for $0 to $1,000,000)

Yes up to $250,000

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IMB Bank

Reward Saver Account

5.25% p.a. (for $0 to $1,000,000)

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

Yes up to $250,000

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AMP Bank

AMP Saver Account

5.40% p.a. (for $0 to $250,000)

1.20% p.a.(for $0 to $5,000,000)

Yes up to $250,000

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First Option Bank

Savings+Bonus

5.00% p.a. (for $0 to $250,000)

2.00% p.a.(for $0 to $250,000)

Yes up to $250,000

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ubank

Save Account

5.10% p.a. (for $0 to $250,000)

0.10% p.a.(for $0 and over)

Yes up to $250,000

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Unity Bank

MoneyMAX

No Current Offer

4.75% p.a.(for $1 and over)

Yes up to $250,000

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MyState Bank

Bonus Saver Account

5.00% p.a. (for $0 to $250,000)

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

Yes up to $250,000

Thumbnail icon for Rabobank
Rabobank

High Interest Savings Account

5.75% p.a. (for $0 to $250,001)

Yes up to $250,000

4.40% p.a.(for $0 to $250,001)

Thumbnail icon for Macquarie
Macquarie

Savings Account

5.35% p.a. (for $0 to $250,000)

Yes up to $250,000

4.75% p.a.(for $0 to $1,000,000)

Thumbnail icon for ubank
ubank

Save Account

5.10% p.a. (for $0 to $250,000)

Yes up to $250,000

0.10% p.a.(for $0 and over)

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AMP Bank

AMP Saver Account

5.40% p.a. (for $0 to $250,000)

Yes up to $250,000

1.20% p.a.(for $0 to $5,000,000)

Thumbnail icon for First Option Bank
First Option Bank

Savings+Bonus

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

2.00% p.a.(for $0 to $250,000)

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IMB Bank

Reward Saver Account

5.25% p.a. (for $0 to $1,000,000)

Yes up to $250,000

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

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Unity Bank

MoneyMAX

No Current Offer

Yes up to $250,000

4.75% p.a.(for $1 and over)

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MyState Bank

Bonus Saver Account

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

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

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IMB Bank

Reward Saver Account

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

5.25% p.a. (for $0 to $1,000,000)

Yes up to $250,000

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Auswide Bank

Ziggy Kids Saver

0.01% p.a.(for $0 and over)

3.01% p.a. (for $0 and over)

Yes up to $250,000

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ANZ

Progress Saver

0.01% p.a.(for $0 and over)

4.25% p.a. (for $0 and over)

Yes up to $250,000

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