bank of queensland interest rates term deposits

Each Round Up transfer will be done when a transaction is processed as pending on your account. Round Up transactions will not take place if your account would be overdrawn by making the transaction. The amount of the transfer will be up to the nearest $1 of the amount that the transaction takes place. When you enable this feature on your Everydyay Account, funds are transferred to your nominated savings account each time you make a card transaction. ~Round Ups are transfers that you can choose to activate on your Everyday Account(s). ^^Interest rates are variable rates and are subject to change at any time without notice. Interest will be paid into the account it was earned in. Interest is calculated at a tiered rate on the total balance of all Smart Saver Accounts that are held in the same name. Bank transfers are not eligible transactions. Eligible transactions include direct debit payments, ATM withdrawals (not deposits), BPAY payments, and purchases with your Visa Debit Card.Eligible deposits must be made into your Everyday Account (not your Smart Saver Account).

Cash and cheque deposits or transfers from international accounts are not eligible deposits. A deposit from an external account includes wages paid by an employer from an Australian account.An external account is any Australian non-myBOQ account.No monthly criteria to unlock bonus interest.ĭeposit $1000 from an external account into your linked Everyday Account and make 5 eligible transactions that clear within the month.

This is outlined in the diagram and table below:

To activate bonus interest on your Smart Saver Account/s, you will need to meet bonus interest criteria each month to qualify for bonus interest the following month.

Bank of queensland interest rates term deposits