32 Day Notice Account

Why open a 32 Day Notice Account?

Looking for a no-fuss, app-based savings account? This one's a breeze

Competitive interest rate

Earn 3.75% p.a. variable rate. Get rewarded for keeping your savings on track.

Fee-free savings

Hold onto what you earn, with no establishment or monthly account keeping fees.

Banking for professionals

Our accounts are designed for professionals, with personal service and tailored solutions.

Government guarantee

Savings up to $250,000 are protected under the Australian Government Deposit Guarantee.

Keep track of your investment

Use internet or mobile banking to keep tabs on your earnings.

Unlimited deposits

Continue adding to your savings when it suits you. Make deposits as needed, without restriction.

Style

layout-cols-33-66, small-button

Frequently asked questions

If you can’t find the answer to your question here, there’s more support available.

Help and support

How does the 32-day notice period work?

Put excess funds in a locked savings account and maximise the interest it can earn. To access your money, just provide notice via the BOQ app or online banking that you’d like to make a withdrawal. 32 days later, it’s back in your hands. The notice period helps curb impulse spending so you can stay focused on your savings goals.

How can I put in a request to withdraw my money from the 32 Day Notice Account through online banking?

1. Log into online banking.

2. Select the entity for the account to be debited from the entity manager widget on the home screen.

3. Navigate to the 'Help & Support' tab.

4. Select the 'Withdrawal from 32 Day Notice Account (payment into internal accounts only)' option.

5. Select the notice account from which you want to withdraw funds from the dropdown.

6. Select the date on which the funds should be withdrawn from your 32 Day Notice Account (the start date for the notice period will be populated automatically once selected).

7. Select the amount you want to withdraw (full balance or specific amount).

8. Select the BOQ Specialist account in the same entity as your 32 Day Notice account to be credited and the reference for the withdrawal.

What if I need my money sooner than 32 days?

In exceptional circumstances, such as financial hardship, you can request an immediate withdrawal of part or all of your deposit without providing the required notice period. BOQ Specialist reserves the right to refuse any immediate withdrawal or redemption request unless hardship applies as assessed and agreed to by us.

Does the 32 Day Notice account accrue rewards points?

No, this account does not earn Qantas or Velocity rewards points. Rewards are offered with selected BOQ Specialist transaction accounts and credit cards.

What happens if I change my mind after submitting a withdrawal notice?

You can cancel or modify your withdrawal request at any time during the 32-day notice period, as long as the funds haven’t been released yet.

Are there any fees or charges I should be aware of?

There are no ongoing monthly account-keeping fees or minimum balance requirements for the 32 Day Notice Account. All fees are outlined in the BOQS Fees and Charges Booklet.