BOQ savings accounts at a glance As of 21 Sept 2026, BOQ has 4 savings accounts in our dataset. The highest advertised rate is 5.80% p.a. on Future Saver Account (first $50,000), which requires you to ages 14–17: no monthly deposit or card-spend conditions for the bonus rate and for customers aged 18 to 35, deposit at least $1,000 from another Australian bank each month and for customers aged 18 to 35, make at least 5 card purchases each month. The highest rate with no monthly conditions is 5.35% p.a. on Simple Saver Account (4-month intro, then up to 4.80% p.a.; first $5,000,000). Rates were last verified on 21 Sept 2026 against the bank's official product pages.
Rates as of 21 Sept 2026 Bank Product Max rate Ongoing rate Intro offer Top rate applies to Conditions BOQ Future Saver Account 5.80% p.a. Up to 5.80% p.a. — First $50,000 Ages 14–17: no monthly deposit or card-spend conditions for the bonus rate. For customers aged 18 to 35, deposit at least $1,000 from another Australian bank each month. For customers aged 18 to 35, make at least 5 card purchases each month. BOQ Smart Saver Account 5.40% p.a. Up to 5.40% p.a. — First $250,000 Deposit at least $1,000 each month. Make at least 5 card purchases each month. BOQ Simple Saver Account 5.35% p.a. Up to 4.80% p.a. 4-month intro Up to 5.35% p.a. First $5,000,000 No monthly conditions. BOQ Business WebSavings Account 4.45% p.a. Up to 1.25% p.a. 4-month intro Up to 4.45% p.a. Any balance No monthly conditions.
Future Saver Account No hoops for ages 14–17 5 card purchases Deposit $1,000/month For customers aged 14 to 35.
Last updated: 20 Sept 2026
Advertised rate
Up to 5.80% p.a.
Highest tier on the portion up to $50,000
Rate details
Ongoing rate
Up to 5.80% p.a.
Different portions of your balance earn different rates.
How to get the best rate
Ages 14–17: no monthly deposit or card-spend conditions for the bonus rate. For customers aged 18 to 35, deposit at least $1,000 from another Australian bank each month. For customers aged 18 to 35, make at least 5 card purchases each month. Who can open it
Available to ages 14 to 35. Bonus-rate conditions vary by age. Customers aged 14 to 17 have the bonus criteria waived. Requires a linked Everyday Account account. Conditions are assessed on a calendar-month basis. Meeting the conditions affects the rate 1 month later.
Smart Saver Account Deposit $1,000/month 5 card purchases For customers aged 36+.
Last updated: 20 Sept 2026
Advertised rate
Up to 5.40% p.a.
Highest tier on the portion up to $250,000
Rate details
Ongoing rate
Up to 5.40% p.a.
Different portions of your balance earn different rates.
How to get the best rate
Deposit at least $1,000 each month. Make at least 5 card purchases each month. Who can open it
Available from age 36. Requires an Australian residential address. Requires a linked BOQ Everyday Account account. Conditions are assessed on a calendar-month basis. Meeting the conditions affects the rate 1 month later. Interest is credited on day 1 of the next month. Simple Saver Account 4-month intro up to 5.35% No hoops Standard variable rate of 4.80% p.a. on balances up to $5,000,000 with no conditions.
Last updated: 20 Sept 2026
Advertised rate
4-month intro up to 5.35% p.a.
Then ongoing up to 4.80% p.a.
Rate details
4-month intro rate
Up to 5.35% p.a.
First $5,000,000
5.35% p.a.
Above $5,000,000
0.60% p.a.
Different portions of your balance earn different rates.
Ongoing rate
Up to 4.80% p.a.
First $5,000,000
4.80% p.a.
Above $5,000,000
0.05% p.a.
Different portions of your balance earn different rates.
Who can open it
Intro offer is limited to new customers. Conditions are assessed on a calendar-month basis. Interest is credited on the last day of the month. Business WebSavings Account Business Account 4-month intro up to 4.45% No hoops Linked account required 1.25% p.a. standard rate on balances of $10,000+, with a 4-month intro rate of 4.45% p.a. for new business accounts.
Last updated: 21 Sept 2026
Advertised rate
4-month intro up to 4.45% p.a.
Then ongoing up to 1.25% p.a.
Rate details
4-month intro rate
Up to 4.45% p.a.
Your whole balance earns the rate for the tier it falls into.
Ongoing rate
Up to 1.25% p.a.
Your whole balance earns the rate for the tier it falls into.
Who can open it
Requires a linked BOQ Everyday Business Account (standard $10/month maintenance fee applies unless fee-waived). 4-month introductory promotional rate of 2.75% p.a. applies to new customers and balances of $10,000+ (reverts to 1.25% ongoing). Rates, eligibility and product terms can change. Check the bank's official page before opening an account.
