Interest rate
0.35% p.a.(for $0 and over)
Maximum rate
No Current Offer
Govt deposit guarantee
Yes up to $250,000

Mozo editorial review Queensland Country Bank Online Saver

Last updated: 18 December 2020.

binocular icon
What's hot
  • $0 account or transaction fees
  • Unlimited phone and internet transactions
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 also has a 0.35% 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.


snapshot
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 8 May 2021. 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: 0.35% p.a.

  • n/a

  • n/a

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

  • none

  • 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?

Price
7.8/10
Features
7.5/10
Customer service
9.0/10
Convenience
7.9/10
Trust
8.8/10

Latest reviews of Queensland Country Bank Online Saver

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About Queensland Country Bank

Queensland Country Bank is an independent member owned organisation, providing a full range of financial services to members. Queensland Country Bank value its members and show this by offering them with an extensive range of competitive financial products in: savings accounts, home loans, credit cards, debit cards, car loans, personal loans and term deposits, designed for Queenslanders.

See Queensland Country Bank savings accounts

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Virgin Money

Boost Saver with Go Account

1.20% p.a. (for $0 to $250,000)

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

Yes up to $250,000

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MyState Bank

Bonus Saver Account

1.20% p.a. (for $0 to $250,000)

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

Yes up to $250,000

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Virgin Money

Grow Saver

0.65% p.a. (for $0 and over)

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

Yes up to $250,000

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HSBC

Serious Saver

0.30% p.a. (for $0 to $1,000,000)

0.15% p.a.(for $0 and over)

Yes up to $250,000

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Bankwest

Hero Saver

0.70% p.a. (for $0 to $250,001)

0.01% p.a.(for $0 to $5,000,000)

Yes up to $250,000

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Bank of Queensland

Fast Track Saver Account

1.05% p.a. (for $1 to $250,000)

0.05% p.a.(for $1 and over)

Yes up to $250,000

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HSBC

Flexi Saver

0.25% p.a. (for $0 to $5,000,000)

0.05% p.a.(for $0 to $5,000,000)

Yes up to $250,000

Thumbnail icon for Citi

Citi

Online Saver

1.10% p.a. (for $0 to $500,000)

0.35% p.a.(for $0 and over)

Yes up to $250,000

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Virgin Money

Boost Saver with Go Account

1.20% p.a. (for $0 to $250,000)

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

Yes up to $250,000

Thumbnail icon for MyState Bank

MyState Bank

Bonus Saver Account

1.20% p.a. (for $0 to $250,000)

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

Yes up to $250,000

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Virgin Money

Grow Saver

0.65% p.a. (for $0 and over)

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

Yes up to $250,000

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HSBC

Serious Saver

0.30% p.a. (for $0 to $1,000,000)

0.15% p.a.(for $0 and over)

Yes up to $250,000

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Bankwest

Hero Saver

0.70% p.a. (for $0 to $250,001)

0.01% p.a.(for $0 to $5,000,000)

Yes up to $250,000

Thumbnail icon for Bank of Queensland

Bank of Queensland

Fast Track Saver Account

1.05% p.a. (for $1 to $250,000)

0.05% p.a.(for $1 and over)

Yes up to $250,000

Thumbnail icon for HSBC

HSBC

Flexi Saver

0.25% p.a. (for $0 to $5,000,000)

0.05% p.a.(for $0 to $5,000,000)

Yes up to $250,000

Thumbnail icon for Citi

Citi

Online Saver

1.10% p.a. (for $0 to $500,000)

0.35% p.a.(for $0 and over)

Yes up to $250,000

Thumbnail icon for Virgin Money

Virgin Money

Boost Saver with Go Account

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

1.20% p.a. (for $0 to $250,000)

Yes up to $250,000

Thumbnail icon for MyState Bank

MyState Bank

Bonus Saver Account

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

1.20% p.a. (for $0 to $250,000)

Yes up to $250,000

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Virgin Money

Grow Saver

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

0.65% p.a. (for $0 and over)

Yes up to $250,000

Thumbnail icon for HSBC

HSBC

Serious Saver

0.15% p.a.(for $0 and over)

0.30% p.a. (for $0 to $1,000,000)

Yes up to $250,000

Thumbnail icon for Bankwest

Bankwest

Hero Saver

0.01% p.a.(for $0 to $5,000,000)

0.70% p.a. (for $0 to $250,001)

Yes up to $250,000

Thumbnail icon for Bank of Queensland

Bank of Queensland

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

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HSBC

Flexi Saver

0.05% p.a.(for $0 to $5,000,000)

0.25% p.a. (for $0 to $5,000,000)

Yes up to $250,000

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ANZ

Progress Saver

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

0.40% p.a. (for $0 and over)

Yes up to $250,000