4.00% p.a. Interest on Balances up to $250,000 (Ages 36+, Monthly Criteria Apply) @ Bank of Queensland

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F1ngolf on 12/12/2022 - 15:04 boq.com.au (230 clicks)
Last edited 12/12/2022 - 15:19 by 1 other user

From BOQ: We’re delighted to share some great news for savers. As of 9 December 2022, the interest rate on your savings account has increased, so you can continue to work towards your savings goals faster.

Though not as good as [email protected]%(up to 100k) and [email protected]%(up to 250k). An option to consider if you've max out the ING and Ubank limit.

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  Hiphopopotamus on 12/12/2022 - 15:31

  +3

  1k deposit and 5 purchases per month, Virgin Money is a bit better at 4.3% (4.6% with lock in) for 2k deposit and 5 purchases.

  No balance increase requirement.

  Also consider St. George, 4% with monthly $50 balance growth.

  • 

    hawkeye93 on 12/12/2022 - 20:20

    Use BeemIt to transfer from BoQ card to another debit card. No need to make real purchase.

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  hooray on 12/12/2022 - 17:07

  +1

  Geez I hate savings accounts with conditions. I manage to score low interest every month

  • 

    lordezekiel on 12/12/2022 - 17:11

    +1

    They're banking on it!