Please note

New customers:
  • This savings account is no longer available to new customers and has been replaced by the new myBOQ Smart Saver Account available exclusively through the new myBOQ app.

Learn more about the Smart Saver Account

Current customers:
  • Existing Fast Track Saver Account customers are still able to access their account as normal via Internet Banking.
  • As an existing Fast Track Saver Account holder, please note this account is not accessible from the myBOQ mobile app, which only supports new app-exclusive accounts and transaction types.

How to Earn Bonus Interest (Bonus Criteria)

Here's how you can earn your Bonus Interest with our best high interest savings account:

Bonus Criteria

$1000 minimum monthly deposit

Deposit a minimum of $1000 into your linked Day2Day Plus Account each month from an external source- like your pay

 

Make 5 or more eligible transactions

From your linked Day2Day Plus Account each month such as Visa Debit Card or eftpos card purchases (settled, not pending transactions), ATM withdrawals or direct debits 

 

Interest will be deposited into your account the following month

Once you've met the Bonus Criteria*

Important Information
  • Earn 2.50% p.a. Bonus Interest in the following month on your Fast Track Saver Account balance
  • For balances over $250,000 the Base Rate of 0.05% p.a. applies
  • Your account will earn the Base Rate in the month that you open it and any month you don't meet the Bonus Criteria
  • You need to have access to Internet Banking as this is an online savings account

 

Here's an example of how it works:

Earn bonus interest

Our Fast Track Saver is literally a winner, awarded the 2020 Mozo Experts Choice Award for Regular Saver, plus the 2020 and 2021 RateCity Gold Award for Best Savings Account for Regular Savers.

The BOQ Fast Track Saver ensures you save faster with award-winning confidence.

    Fees & Interest Rates

    When it comes to savings, we keep our fees to a minimum & rates to a max! Any fees we do have we’ll show you up front so there are no surprises.

    Balance
    		 Base + Bonus Rate % p.a.* Base Rate % p.a.
    $1 to $250,000
    		 2.50
    		 0.05

    Interest rates are variable and subject to change at any time without notice. Interest is calculated daily on a stepped basis and paid monthly on the first day of the following month.

    Features Applicable Fees
    Account maintenance fee Nil

    Important documents

    FAQs

    • What is myBOQ?

      myBOQ is our all new mobile banking app that makes it easy for you to do your banking with BOQ. It comes with a full suite of new savings and transaction account products that take the hassel out of your everyday banking and gives you complete control over how you use your money.

      With myBOQ, we've made it easy for you to keep on top of your bills, stick to a budget and save more. Some of the exclusive banking features on myBOQ include:

      • Bill Tracker
      • Purchase Round Ups
      • Fast payments with Osko and PayID
      • Live in-app chat with a dedicated myBOQ support team

      Discover the new myBOQ app how it can help you bank better with BOQ.

      Learn more about myBOQ

    • More FAQs

      Click below to access our FAQs page.

      More FAQs

    What else can we help you with?

Everyday Account
Monthly account keeping fee
$0

Everyday banking with no monthly account keeping fees

Everyday Account

Our simple, intuitive everyday transaction account, made even better for you with user-friendly features that help you make the most of your money.

  • Access your money whenever you need, exclusively on myBOQ mobile app. Please note: As an app-exclusive account, it cannot be accessed via Internet Banking.
  • Managing your money has never been easier, with in-app spend tracking to help you budget better and bill tracker to give you a heads up when bills are due.
  • Fast, easy payments. Pay or be paid instantly with PayID.
  • Open an Everyday Account directly within the myBOQ app and start banking with BOQ today!
Learn about our Everyday Account Apply now
Platinum Visa Credit Card
Q rewards® Offer
100,000 bonus Q Rewards® Points6

earn q rewards® points and enjoy Travel Perks

Platinum Visa Credit Card

The Platinum rewards card that has you covered, from purchases to rewards alongside our everyday earn rate of 2 Q Rewards® Points earned on every dollar of eligible spend.4 Including complimentary insurance and extended warranties (terms, conditions, limits and exclusions apply).1

Note: complimentary travel insurances will no longer be available from 15 May 2026. Find out more here.

  • Earn 100,000 bonus Q Rewards® points when you spend $4,500 on Eligible Transactions within 3 months from approval6
  • 0% p.a. on balance transfers for 12 months, reverting to the cash advance rate thereafter. 1% balance transfer fee applies. You will be charged interest on retail purchases while you have a balance transfer7
Apply now Learn more
Future Saver Account
You can earn
5.25 %p.a. ^^
On deposit balances up to $50,000

BONUS INTEREST VARIABLE RATE FOR BALANCES UP TO $50,000 IF BONUS INTEREST CRITERIA MET**

Future Saver Account

Our highest interest savings account for 14 to 35-year-olds. Meet the simple criteria to earn the bonus interest and watch your savings soar.

  • Available on the myBOQ app
  • No monthly account fees
  • Comes linked with an Everyday Transaction Account
  • Earn bonus interest each month when you meet the criteria**
Learn about Future Saver Apply now