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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.
Last updated 14 December 2024
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Bank of Queensland small business savings accounts
Business WebSavings Account
Maximum rate
4.25
%
p.a.
(for $10,000 and over)
Bonus rate for the first 4 months from account opening
Standard interest rate
0.00
%
p.a.
(for $0 to $10,000)
No Partner link
Standard rate
Balances from $0: 0.00% p.a. Balances from $10,000: 1.50% p.a.
Maximum rate
Balances from $0: 0.00% p.a. Balances from $10,000: 4.25% p.a.
Maximum rate conditions
Bonus rate for the first 4 months from account opening
Interest paid
Monthly
Account fee per month
$0.00
Access
BPay, Branch access, Internet banking
Minimum balance
$1.00
Other restrictions
-
Other benefits
-
Business Performance Saver Account
Maximum rate
1.85
%
p.a.
(for $0 to $500,000)
Applies where $5,000 is deposited to linked Everyday Business Account and 5 eligible transactions are made by the linked account, in the prior month.
Standard interest rate
0.10
%
p.a.
(for $1 and over)
No Partner link
Standard rate
Balances from $1: 0.10% p.a.
Maximum rate
Balances from $0: 1.85% p.a. Balances from $500,000: 0.10% p.a.
Maximum rate conditions
Applies where $5,000 is deposited to linked Everyday Business Account, in the prior month and 5 eligible transactions are made by the linked account.
Interest paid
Monthly
Account fee per month
$0.00
Access
BPay, Branch access, Internet banking
Minimum balance
$1.00
Other restrictions
-
Other benefits
-
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Join the 35K+ subscribers who receive our weekly Moneyzone newsletter, showcasing the latest rate movements, exclusive deals, money-saving hacks, and expert insights from Mozo.
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.
Disclaimer
Who we are and how we get paid
Our goal at Mozo is to help you make smart financial decisions and our award-winning comparison tools and services are provided free of charge. As a marketplace business, we do earn money from advertising and this page features products with Go To Site links and/or other paid links where the provider pays us a fee if you go to their site from ours, or you take out a product with them. You do not pay any extra for using our service.
We are proud of the tools and information we provide and unlike some other comparison sites, we also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not.
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Important information on terms, conditions and sub-limits
Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement and the Target Market Determination on the provider's website for further information before making any decisions about an insurance product.
