Important disclosure
Future Saver Account (Under 35)
Winner of Best Savings Account Young Adults, RateCity Gold Awards 2023
Maximum rate
5.50%*
p.a
Base rate
0.05%
p.a
RateCity Says
“Young adults can enjoy one of the most competitive interest rates on a savings account for their nest eggs.”
5.50%*
p.a
0.05%
p.a
Promoted savings accounts
Promoted
Reward Saver
*To earn bonus interest the account holder must make a minimum $50 deposit and no withdrawals per month. If bonus interest criteria are not met for the calendar month, both the Standard Variable Bonus Interest and Introductory Fixed Bonus Interest Rate are forfeited.
5.25%
p.a
Not Applicable
Promoted
Bonus Saver Account
*Bonus interest is paid on balances up to $250k when a customer has made an eligible deposit of $20 into the Bonus Saver account in the calendar month and made 5 eligible Visa card purchases on the linked Everyday or Glide account in the calendar month
5.00%*
p.a
0.05%
p.a
Promoted
High Interest Save Account
Gold Award Winner 2023
*Deposit $200+ each month
5.00%*
p.a
0.10%
p.a
Pros and cons
For Future Saver Account (Under 35)
Benefits
- Maximum interest rate ranked in the best 20% (conditions may apply)
- Ongoing bonus interest (conditions apply)
- No ongoing account fees
- No minimum balance
- Winner of 2023 RateCity Awards
Drawbacks
- This is a digital only product; branch and phone banking not available
- Only available with linked transaction account
BOQ Rate Savings account overview
For Future Saver Account (Under 35)
Account Details
Maximum rate 5.50%* p.a | Minimum age restrictions 14 |
Base rate 0.05% p.a | Maximum age restrictions 35 |
Maximum rate condition *Deposit $1000 minimum monthly deposit into your linked Everyday Account and make 5 or more eligible transactions. Read More | Minimum opening deposit $0 |
Interest calculation method Tiered | Target Market Determination Visit Bank of Queensland to view Target Market Determination. |
Features
Joint application available | Is online only |
Linked account required |
Methods of Access
Internet facility N/A | ATM access |
Phone facility N/A | Eftpos facility |
Branch access N/A | App |
App only |
Fees
Account keeping fees $0 | Eftpos fee N/A |
ATM withdrawal fee N/A | Overseas eftpos fee N/A |
Internet transaction fee N/A | Over the counter deposit fee N/A |
Phone transaction fee N/A | Over the counter withdrawal fee N/A |
Other Restrictions
Bonus Criteria. Physical access to BOQ branches to deposit money only.
