The Bank of Queensland WebSavings account has no account up keep fees plus an ongoing 1.30% interest rate is likely to be far better than your standard everyday transaction account.
For new Bank of Queensland customers who sign up up for the WebSavings Account you'll be eligible for a bonus 1.30% interest rate on top of the ongoing interest rate. This 2.90% special interest rate is for the first 4 months from opening the account on balances available for balances of $2000 or more.
You can make transactions to your WebSavings account over the phone and online. But unlike many other online savings accounts you can also manage your account from a Bank of Queensland branch, a great option if your not to computer savvy and don't want to miss on the online savings revolution.
Who it's good for:
Anyone who's looking to earn a great interest rate on $2000 or more, over a 4 month period.
The 2.90% special interest rate is not available for existing Bank of Queensland customers.