Savings account

Smart Saver Account

Current savings rate from BOQ. Compare the ongoing rate, bonus conditions, introductory offers, and eligibility in one place.

Smart Saver Account

View on bank website ↗ 36+
5.40% p.a.
ongoing rate
Rate breakdown
Base rate: 0.05%
Bonus rate: + 5.35%
How to earn it

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. AgeMonthly criteria36 years+ Deposit $1000 from an external account into your linked Everyday Account and make 5 eligible transactions that clear within the month. An external account is any Australian non-myBOQ account. A deposit from an external account includes wages paid by an employer from an Australian account. Cash and cheque

Bonus rate applies on balances up to $250,000

Rate current since 27 Jun 2026.

What to know

This page focuses on the ongoing rate: 5.40% p.a. That is the rate after any honeymoon period ends.

To earn the full rate, you need to meet these conditions: 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. AgeMonthly criteria36 years+ Deposit $1000 from an external account into your linked Everyday Account and make 5 eligible transactions that clear within the month. An external account is any Australian non-myBOQ account. A deposit from an external account includes wages paid by an employer from an Australian account. Cash and cheque

If you miss the conditions in a given month, you earn only the base rate: 0.05% p.a.

The bonus component is capped at $250,000.

Eligibility: minimum age 36 .

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The information on this page is general in nature and does not constitute financial advice. Rates are subject to change — verify directly with the provider before making a financial decision.

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