Queensland Country Bank logo

Queensland Country Bank Online Saver

Advertiser disclosure
Interest rate
2.90% p.a.(for $0 and over)
Maximum rate
5.05% p.a. (for $5,000 to $250,000)
Govt deposit guarantee
Yes up to $250,000

Mozo editorial review Queensland Country Bank Online Saver - last updated: 12 April 2024

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What's hot
  • $0 account or transaction fees
  • Unlimited phone and internet transactions
  • 5.05% p.a. introductory rate for first 5 months (subject to minimum balance requirements)
What's not
  • No card access
Mozo snapshot

If you’re a 21st Century internet enthusiast looking to make the most of stashing your savings away in an online account, without needing to dip into your funds, then listen up. The Queensland Country Bank Online Saver has no monthly account fees, no transaction fees and unlimited free phone and Internet banking and could be the savings account you’re after.

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Key features

The Queensland Country Bank Online Saver is a great option for those who want to call the shots with online banking. And if you’re the type of person who wants your savings stored away without the need to regularly access them, then you’ll appreciate this online account’s swell features. 

This account has no monthly account or transaction fees, and currently offers a 5.05% p.a. introductory rate for the first 5 months for new customers. To get the intro rate, your balance will have to be between $5,000 to $250,000 and be 'new to bank', meaning money that comes from another bank. After the intro period ends, the Online Saver account has a 2.90% standard interest rate, which is calculated daily and paid every month.

Plus, transactions can easily be completed through fee-free internet and phone banking, so you can simply transfer funds to a transaction account for spending. Just remember, this account is for online devotees, so over the counter withdrawals will cost you $1.50 per transaction. In order to get the most out of your account, stick to online transactions and enjoy a fee-free experience.

The Online Saver gives you the option to open an account online when you sign up and become a member. However, kids aged between 5 and 12 will have to bring a parent or guardian with them to a branch to open an account and that way it can be made in their name.


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Who is it good for

The Queensland Country Bank Online Saver is great for anyone who wants to become a member of the customer owned bank and is looking for a place to stash away savings online, without needing to dip into their funds.

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Any catches

To make sure you keep a fee-free experience, be wary of that $1.50 fee on over-the-counter withdrawals.


Details

Rates and fees information correct as at 16 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: 2.90% p.a.

Balances from $0: 2.90% p.a.
Balances from $5,000: 5.05% p.a.
Balances from $250,000: 2.90% p.a.

Intro rate or 5.05% pa available for the first 5 months on balances between $5,000 and $250,000. Reverts to 2.90% pa.

Fees

$0.00

n/a

Unlimited free internet and phone banking.

n/a

n/a

n/a

$0.00

$1.50

n/a

$0.00

$0.00

n/a

Other financial bits

$0.00

$0.00

Monthly

Features

no

n/a

no

no

no

yes

no

yes

yes

yes

no

none

none

none

Customer Reviews

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

Overall
Price
Features
Customer service
Convenience
Trust

Latest reviews of Queensland Country Bank Online Saver Savings Account

About Queensland Country Bank

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

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Yes up to $250,000

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

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

Yes up to $250,000

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

Yes up to $250,000

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

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

Yes up to $250,000

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

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

Yes up to $250,000

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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)

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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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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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Yes up to $250,000

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

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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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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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AMP Saver Account

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

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

Yes up to $250,000

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

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

Yes up to $250,000

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

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

Yes up to $250,000

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Bonus Saver Account

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

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

Yes up to $250,000

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Yes up to $250,000

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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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No Current Offer

Yes up to $250,000

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