Savings accounts

Looking for a high interest savings account for business or personal goals? Choose instant access or a fixed-term rate – whatever suits your needs.

Talk to a specialist

Login

Compare our bank accounts

Each BOQ Specialist bank account offers unique savings accounts. Find the right fit and open your new savings account online today.

Notice Account

Perfect if you’re saving for a big goal and don’t need everyday access, our 32 Day Notice Account offers a great rate and a simple way to save.

You can earn

3.75% p.a. Interest

Variable interest rate

  • Competitive rates
  • No monthly account fees
  • 24/7 service

Term deposits

Secure a fixed term and watch your savings grow. Competitive interest rates and zero account keeping fees.

You can earn

4.25% p.a. Interest

90 day term deposit

  • Competitive rates
  • No monthly account fees
  • 24/7 service

Private Access Savings Account

Get the best of both worlds: a strong interest rate with instant access. Make deposits and transfer funds anytime with a Private Access Account.

You can earn

2.75% p.a. Interest

Variable interest rate

  • Competitive rates
  • No monthly account fees
  • 24/7 service

Compare our savings products

Beyond savings, we’re here to help with everyday banking, from transaction accounts to credit cards and more.

Private access account

Make deposits and transfer funds at any time, requires no ongoing minimum balance and pays a competitive variable rate of interest on your entire balance.

Apply now{small-button}

Learn More{small-button}

Notice account

Competitive interest rate, that is calculated on the daily closing credit balance of your account and paid monthly, and gives you access to your money after providing 32 days notice.

Apply now{small-button}

Learn more{small-button}

Term deposit

Looking for a dependable yield from your income or hard earned savings? Then a fixed term deposit could be an option to consider.

Enquire now{small-button}

Learn more{small-button}

Features and benefits {thead}
Access to funds

At any time

32 days notice

At maturity

Competitive interest rate on credit balances

View current rates

View current rates

View current rates

Deposits into your BOQ Specialist account at any time using a BSB and account number
Minimum balance requirements

None

None

None

No monthly account keeping fees
Transfer funds to linked designated accounts through online banking and our mobile app
Pay anyone functionality to another BSB and account number

Nominated accounts only

After a 32-day notice period

At maturity

Withdrawals to internal BOQ Specialist accounts

After a 32-day notice period

At maturity

Flexibility to re-invest, add extra money or withdraw at the end of the term
Access to the BOQ branch network for depositing cheques and cash
24/7 service with our Client Service Centre

Find support with your accounts

Find support with your accounts

Find answers to your frequently asked questions

Button{icon-button}

Card Management

Find help with your Debit or Credit Card

Button{icon-button}

Talk to a financial specialist

Our financial specialists are located all around Australia.

Button{icon-button}

Knowledge hub

Explore stories, articles, research and tools to help you with your personal and business finances.

Frequently asked questions

If you can’t find the answer to your question here, our financial specialists are happy to help.

Talk to a financial specialist

What types of savings accounts are available at BOQ Specialist?

BOQ Specialist offers several high-interest savings options.

·       Private Access Account: Instant access, no minimum balance,  interest paid monthly.

·       32 Day Notice Account: Requires 32 days’ notice for withdrawals, offers competitive rates, no monthly fees.

·       Fixed Term Deposits: Locked in for a chosen term, fixed rate, ideal for longer‑term goals.
 Whether you're looking for an instant‑access option or longer‑term savings, these options give flexibility and competitive returns.

How is interest calculated and paid on savings accounts?
Interest is calculated daily based on your closing balance and paid monthly. For accounts like Private Access and 32 Day Notice, your balance at each day's end is multiplied by the annual rate, divided by 365, summed for the month, and credited at month's end.
Can I open a business savings account at BOQ Specialist?
Yes. As well as personal savings, you can open a savings account for business purposes with access to competitive interest, no monthly account‑keeping fees, and the ability to transfer between your linked accounts.

We’re here to help