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Our transaction account available on the myBOQ app, that helps you spend smart and save more with no monthly account keeping fees, real-time payments, bill tracking and budgeting tools.
Zip! Zilch! You won't be charged any monthly account keeping fees or transaction fees within Australia * .
Never miss a payment. We’ll give you a heads-up when your bills and recurring transactions are due so you can make sure you’ve got the funds ready to go.
Manage your money easily by setting spending budgets on specific categories, like groceries or bills. Get real time alerts and personalised insights on your money habits, all in the myBOQ app.
Tired of money taking days to move between banks? We've fixed that! Now you can instantly send and receive money within Australia using Osko and PayID on your myBOQ banking app.
Why not grow your savings each time you spend? Select “round up debit card transactions” and we’ll pop the extra change straight into your savings account ~ .
Convenient and safe! Make your money mobile and pay on the go with Apple Pay 1 , Samsung Pay 2 or Google Pay 3 .
Convenience at your fingertips! Our mobile app means you can manage your spending & bills all in one place with ease. Our Everyday Account and linked savings accounts are only available on the myBOQ app.
Please note: You can still access all your other BOQ accounts through internet Banking.
Your savings could soar with one of our high-interest savings accounts. Our Future Saver Account if you're 14 - 35 years or a Smart Saver Account 36 years and over. Just like our Everyday Account our savings accounts come with no monthly account keeping fees.
Your debit card works wherever Visa and eftpos do. So, shopping online, in-store, over the phone and overseas suddenly becomes a breeze.
As well as a ton of features and benefits, we make your new debit card from 82% recycled plastic - so it's good for you and the planet!
Visa's Zero Liability Policy guarantees that you won’t be held responsible for unauthorised charges made on your account . If you notice any unauthorised transactions on your statement, contact BOQ immediately.
Choose card controls to help you better manage your spending and security. Find out more.
And if you'd rather apply for your accounts online, that's easy too.
Yes, although you can only have 2 people as joint account holders. Once you’ve completed your application, we’ll send the other person a message with details on how to get started. Just so you know, if the person you are opening the account with is a new myBOQ customer, they’ll receive a unique application ID and an invite prompting them to download the myBOQ app to get started. If they’re already with myBOQ, they can apply using the application ID in the myBOQ app. This is done in the account section by selecting ‘Sign up for a new account’ and then ‘Join an existing application’.
No. Everyday bank accounts come bundled with a Saver Account. Think of it as a match made in heaven – spend when you need but get to your savings goals faster at the same time.
A savings account is a bank account where you can deposit your money and earn interest. It is a great way to save money, for a potential emergency, or towards a goal like a holiday, new laptop or house deposit. The type of savings account you need will depend on your savings goals and other lifestyle factors so you should compare savings accounts to find the best one for you.
To open a Everyday Account with BOQ, all you need to do is download the myBOQ app and choose which savings account you’d like! You’ll need your Australian phone number and Australian driver’s license or passport. After that, we’ll take it from there. Find out more about the myBOQ banking app here.
No. Talk to a lending specialist at your nearest BOQ branch to learn more about the ideal product to suit your needs.
Your physical debit card looks like a normal credit card, but it only uses money you already have in your bank account. When you buy things or withdraw cash using your debit card the funds come from your everyday account.
Yes! With BOQ you can use your debit card overseas wherever Visa is accepted. Use the card as you normally would but we do have to apply certain extra fees and charges when you use your Australian debit card in another country. We've laid them out here for you.
You need to be 14 years or over to have an Everyday Transaction Account and get a debit card with BOQ.
No, but you can access it through internet banking. You’ll only find the Everyday Transaction and Future / Smart savings accounts on the myBOQ app.
No, sorry. We’ve created a fresh, modern app designed to give you truly mobile everyday banking. But to do that, we had to create an entirely separate system to support this and all the other exciting features to come. That’s why myBOQ accounts are only available through the mobile app but other BOQ products (like Day2Day Plus and Fast Track Starter Account) are on internet banking but not the myBOQ app.
For more everyday transaction account and saving account FAQs. See all account FAQs
BONUS INTEREST VARIABLE RATE FOR BALANCES UP TO $50,000 IF BONUS INTEREST CRITERIA MET **
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.
BONUS INTEREST VARIABLE RATE FOR BALANCES UP TO $250,000 IF BONUS INTEREST CRITERIA MET **
Our high interest savings account for customers 36 years or older.
BOQ’s Everyday, Future Saver, Smart Saver and Simple Saver Accounts are only available on the myBOQ app. The myBOQ app is free to download however your mobile network provider charges you for accessing data on your phone. The myBOQ app is compatible with Android™ and iOS, minimum platform requirements apply. Android is a trademark of Google LLC. iOS is a trademark or registered trademark of Cisco in the U.S. and other countries and is used under license. Find out about the minimum operating system requirements on the myBOQ app page.
* Fees may apply for transactions through other Bank ATMs and International Transactions using your Visa Debit card or credit card to access your account.
*~ There is no overdrawn fee, however a debit interest rate of 10% p.a. is applied and charged on a daily basis on all debit balances and debited monthly to the account.
*^ There is no fee charged by us for performing a BPAY® Payment, Pay Anyone or making a Card transaction. Merchants may charge a fee in respect of card transactions which should be advised to you at the time of making the transaction.
~ Round Ups are transfers that you can choose to activate on your Everyday Account(s). When you enable this feature on your Everydyay Account, funds are transferred to your nominated savings account each time you make a card transaction. The amount of the transfer will be up to the nearest $1 of the amount that the transaction takes place. Round Up transactions will not take place if your account would be overdrawn by making the transaction. Each Round Up transfer will be done when a transaction is processed as pending on your account. As some transactions may occur offline, the Round Up transfer will only take place when the transaction information is received. Pending transactions could also potentially not be debited by the merchant; in that case the round-up will not be reversed. You can disable the Round Up feature through the myBOQ app at any time.
1 Apple Pay is a trademark of Apple Inc., registered in the U.S and other countries. You should consider the Apple Pay Terms and Conditions before deciding if this product is appropriate for you. 2 Samsung Pay is a trademark of Samsung Electronics Co. Ltd. You should consider the Samsung Pay Terms and Conditions before deciding if this product is appropriate for you. 3 Google Pay is a trademark of Goolge LLC. You should consider the Google Pay Terms and Conditions before deciding if this product is appropriate for you.
^^ Interest rates are variable rates and are subject to change at any time without notice. ** A Bonus Interest variable rate will only be paid if bonus interest criteria are met in the previous month. Bonus interest criteria will be met where both the following conditions are met: - a minimum of $1,000 is credited electronically to the linked Everyday Account in the prior calendar month. This excludes cash and cheque deposits and amounts transferred from another one of your BOQ Accounts including any Account you may be linked to as an Authorised User or joint Account holder; AND - at least 5 direct debit transactions, ATM withdrawals, BPAY payments, or purchases of goods or services from a Merchant are made in the prior calendar month by using your eftpos Card or BOQ Visa Debit Card associated with your linked Everyday Account. This does not include cheques written or deposited, branch cash withdrawals, transfers or payments to any BOQ account or to a non-BOQ account via Internet Banking, in branch or at ATMs, transfer of funds to accounts held at an overseas bank, pending Visa Debit Card transactions and BOQ Credit Card transactions. Transactions that are not settled (are pending) do not count towards the bonus interest criteria. If a transaction is made but settles in the following calendar month then the transaction will be counted in the following calendar month. The variable Base Rate always applies in the first month after opening an account. In the first month, bonus interest criteria. on the transaction account is measured from the time the Saver Account is opened, not the full calendar month even if the transaction account was already existing. Interest is calculated on a stepped basis and paid monthly on the first day of the following month. If bonus interest criteria conditions are not met the variable Base Rate only will apply.
