BOQ Review

WikiFX | 2026-04-20 22:35

摘要：BOQ, established in 1874 and regulated by ASIC, offers diverse financial services for individuals and businesses, including various bank accounts, home and personal loans, credit cards, insurance, and specialized business banking solutions. They are noted for having a zero minimum deposit requirement for some accounts.

BOQ Review Summary
Founded	1874
Registered Country/Region	Australia
Regulation	ASIC
Financial Services	Bank accounts, home loans, credit cards, personal loans, insurance, business loans, business accounts, foreign exchange and trade services, merchant and payment products
Minimum Deposit	0
Customer Support	Tel: 1300 55 72 72

BOQ Information

BOQ, established in 1874 and regulated by ASIC, offers diverse financial services for individuals and businesses, including various bank accounts, home and personal loans, credit cards, insurance, and specialized business banking solutions. They are noted for having a zero minimum deposit requirement for some accounts.

Pros and Cons

Pros	Cons
Regulated by ASIC	Age restrictions on high-yield savings
Diverse account types	Limited channels for customer support
Zero minimum deposit
Long operation time

Is BOQ Legit?

BOQ has a Market Maker (MM) license regulated by the Australian Securities and Investments Commission (ASIC) in Australia with a license number of 000244616.

Regulated Authority	Current Status	Licensed Entity	Regulated Country	License Type	License No.
Australian Securities and Investments Commission (ASIC)	Regulated	Bank of Queensland Limited	Australia	Market Maker (MM)	000244616

Financial Services

For individuals, BOQ offers bank accounts (transaction, savings, term deposits), home loans (including refinancing and calculators), credit cards (with rewards), personal loans, and insurance (home/contents and car).

For businesses, BOQ offers loans and finance (including business loans and overdraft), business accounts (transaction, savings, Visa debit card), foreign exchange and trade services, merchant and payment products, industry expertise (e.g., agribusiness, healthcare), and business banking support (tools, calculators, knowledge hub).

Account Type

Business bank account: BOQ offers various business bank accounts, including Business Transaction Accounts for daily operations and Savings and Investment Accounts to earn interest on business funds. They also provide Industry Specialist Accounts tailored for sectors like Solicitors, Real Estate Agents, and Not-for-Profits.

Personal account: BOQ offers two types of personal accounts, which are the Transaction Account and Savings Accounts.

Transaction account: BOQ's transaction accounts generally feature no monthly account-keeping fees, no withdrawal fees at BOQ ATMs within Australia, and no transaction fees within Australia. They also state no overdrawn fees if you happen to overdraw your account.

Savings accounts:

Feature	Future Saver Account (14-35 years old)	Smart Saver Account (36 years or older)	Simple Saver Account	Term Deposits (Balances $5,000 - $249,999, Term 12-24 months)
Interest Rate	5.25% p.a. on balances up to $50,000	4.90% p.a. on balances up to $250,000	4.55% p.a. on balances up to $5M	4.00% P.A.
Bonus Interest	Variable rate up to $50,000 if criteria met	Variable rate up to $250,000 if criteria met	Get a great, ongoing interest rate	Fixed term interest rates and no account fees
Availability	Available on the myBOQ app			-
Monthly Account Fees	❌	❌	❌	❌
Minimum Deposit	-	-	0	$1,000
Other Features	Earn bonus interest each month when criteria met		Simply sit back and watch your savings grow	Flexible terms from just 1 month, choose interest payment frequency