My BOQ Accounts
What account earns 5.40%
Smart Saver Account
The Future Saver Account earns 5.60% on balances up to?
$50,000 when monthly criteria is met.
What is the classic transaction account called?
Day 2 Day account
The 6 month term deposit rate is?
5.05%
What is the minimum age to open a term deposit?
18.
What earns 4.80% on balances up to 5 million dollars?
Simple Saver Account
How many Simple Saver accounts can 1 customer open?
9
To earn 1.25% on your BIS account what criteria must you meet?
Make up to 1 withdrawal per calender month
The best rate & term for term deposits is?
12 months @ 5.25%
The 12 month term deposit rate is?
5.05%
What is the age criteria for a Future Saver Account?
14-35 year olds.
The Smart Saver account earns 5.40% on balances up to?
$250,000 when monthly criteria is met.
When is a customer charged $4.00 on their Reverse Charges account?
What is when the balance is below $2,000.
What is the minimum age to open a term deposit?
14.
To earn 4.80% on a 6 month term deposit what is the minimum balance required?
$5,000
The minimum age to open an Everyday account is?
14.
How is interest calculated and paid into savings accounts?
Calculated daily and paid on the first day of the following month.
To open a Day 2 Day account for a 13 year old who else needs to be on the account?
A parent or legal guardian as evidenced by supporting documentation such as a birth certificate or court order.
How much notice do I need to give if I want to break my term deposit?
31 days
Interest is paid when on a term deposit?
End of term or monthly at a reduced interest rate by 0.10%.
How many everyday accounts can I open?
10.
The criteria to earn bonus interest on the Future Saver and Smart Saver accounts is?
Deposit $1,000 to your linked Everyday Account from an external account and make at least 5 direct debit transactions, ATM withdrawals, BPAY payments or purchases using your VDC.
Can you have a direct debit on a web savings account?
No
The 8 month term deposit rate is?
We do not offer an 8 month term deposit on the My BOQ platform.
The minimum starting balance on a new term deposit is?
$1,000 (but are very low rates)