WebSavings Account™
A Bank of Queensland WebSavings Account™ is the clever way to maximise the return on your savings. With no maintenance fee and a much higher rate of interest, you can really give your savings a boost.
Features and Benefits
- Easy access to your money - in-branch, Internet Banking and EasyPhone Banking
- No monthly account maintenance fee
- Unlimited free transfers to your Bank of Queensland accounts
- Unlimited cash deposits, cheque deposits and branch-based cash withdrawals to and from your WebSavings Account™- no transfers between accounts required
- Free balance enquiries at Bank of Queensland branches or from Internet Banking or EasyPhone Banking
- High interest on balances over $2,000 - calculated daily and paid monthly
Interest Rates
Standard Rate
Balance | Interest rate (% p.a.) |
|---|
$1 to $1,999 | 0.01 |
$2,000 and over | 5.55 |
Interest is variable and subject to change without notice. Calculated daily and paid monthly.
Special offer of additional 1.65% p.a. interest for new customers
Balance | Interest rate (% p.a.) |
|---|
$1 to $1,999 | 0.01 |
$2,000 and over | 7.20* |
* Additional 1.65%p.a.interest above the standard variable rate available to new WebSavings Account openings on or prior to 31 January 2009 and will apply until 31 March 2009. This offer is only available to customers who are new to the Bank and is not applicable to existing account holders. Standard variable rate is subject to change without notice. Interest is calculated daily and paid monthly.
Fees and charges
Account | WebSavings Account™ |
Minimum Monthly Balance | N/A |
Account Maintenance Fee | Nil |
Teller Withdrawals | Unlimited Free |
Cheques Written | N/A |
Balance Enquiry in-branch, Internet Banking or EasyPhone Banking | Unlimited Free |
ATM & EFTPOS |
Balance Enquiry via Bank of Queensland ATM, EFTPOS and Bank@Post | N/A |
Bank of Queensland ATM/EFTPOS withdrawals/transfers | N/A |
Other Bank ATM Withdrawal/Balance Enquiry and Bank@Post | N/A |
INTERNET BANKING & EASYPHONE BANKING |
Funds transfer and BPAY | Unlimited Free |
Single Pay Anyone Payments# or Funds transfer to third party Bank of Queensland accounts | $0.65 each |
Multi Payment# | $1.30 for up to 10 payments (then $0.15 for each additional transaction) |
TRANSFER ORDERS, DIRECT DEBIT & CREDITS |
Transfers to Bank of Queensland accounts | Unlimited Free |
Direct Debits | N/A |
Direct Credits | Unlimited Free |
#Single and Multi Payment are only available on Internet Banking
Other fees and charges (including government charges) may be payable.
You can apply online via BOQApply for a WebSavings Account™ or find out what information we need from you to open an account and visit your nearest branch or call our friendly customer service consultant on 1300 55 72 72.
Important information
To view additional information on Terms and Conditions and fees and charges please view our main Terms and Conditions page.
- Personal Banking Guide to Fees and Charges
- Deposit Products Terms and Conditions
Information current as at November 17, 2008.
Products issued by Bank of Queensland Limited ABN 32 009 656 740 AFSL 244616. Fees and charges are payable. Full terms and conditions are available at any Bank of Queensland branch. The Bank's standard credit assessment criteria apply to overdraft products. This website contains general advice. This advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of any advice before acting on it. You should obtain and consider the terms and conditions and Guide to Fees and Charges for the product before making any decision about whether to acquire or continue to hold it. You can obtain a copy of those documents from any Bank of Queensland branch or from this website. This information is for general information purposes only. These rates are subject to change at any time. Details of our current rates may be obtained at any branch of Bank of Queensland, or contact us at our Customer Contact Centre.
