BOQ Business WebSavings Account

savings accountoccupation membershipterms checked

Business WebSavings Account is a savings account from BOQ. It pays 1.50% p.a. with no bonus conditions; 6.50% for the first 4 months.

Rate tiers

Every balance band in the bank's feed: base is the rate the bank pays, intro the rate in the introductory period.

One rate on every balance, with no upper limit.

The intro column is the rate for the first 4 months of a new account, an add-on to the base rate for that period; after it the account pays its base rate, 1.50%.

The feed states a minimum balance of $10,000.

Conditions

• balances from $10,000 earn the rate; the first $0 to $9,999 earns 0.00%

Introductory rate conditions: 4 Month Introductory Special Offer for new customers only for $10000 and over. Introductory Special Offer (available for a limited time only) Accounts opened from 15/03/2023. Interest rates are variable rates and are subject to change at any time without notice. Interest rates are calculated daily and paid monthly. Balances greater than $5000000 are subject to approval

Features

app

yes

transactions

unlimited

Other features, in the bank's words:

• Bonus offer available for new business customers. 4 Month Introductory Offer includes additional interest rate + variable standard rate.
• Competitive rates of interest paid on balances from $10,000
• $0 minimum account balance

Fees, limits and who can open it

monthly fee

no monthly fee stated

minimum balance

$10,000

interest paid

monthly

interest calculated

daily

open to

SMSF and business customers

occupation membership

open only to people in certain occupations, or the lender takes members only from them

Who can open it, in the bank's own words:

• business: Be an Australian company, sole trader, partnership, association, trust, self-managed superannuation fund, non-for-profit organisation or other forms of business structure acceptable to BOQ and have an ABN or ACN where applicable, or be a foreign company carrying on business in Australia that is registered with ASIC.
• QLD/NSW solicitors and QLD/NSW property agents and motor dealers looking for an interest-bearing Controlled Money Account or Investment Trust Account to hold clients' money in trust and hold relevant practicing certificate as legal practitioners or relevant industry license as agents.

About this account

Make the most of your business savings with the flexibility of accessing your money anytime

Data

• BOQ's own page for this account.
• The bank's documents its product record links to: terms and conditions, fees, eligibility.
• Our verbatim snapshot of the bank's product record (source), as fetched on 13 November 2026.
• We read the bank's own page and terms against this page on 1 November 2026: business-websavings-account, business-savings-and-investment-products, transaction-and-investment-accounts-terms-and-conditions.pdf; conditions they state and its feed does not are listed above.
• /au/finance/savings-accounts/v1/brands/bank-of-queensland-limited.json: this bank's accounts and every balance band as JSON; BOQ's page lists them.
• The bank last updated this record on 11 November 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.

Other accounts at BOQ

• Kids Savings Accountstale savings account, 1.25% conditional at $50,000
• Simple Saver Account savings account, 5.20% base at $50,000
• Future Saver Account savings account
• Smart Saver Account savings account
• Day2Day Plus Accountstale transaction account
• Everyday Accountstale transaction account
• Everyday Business Accountstale transaction account

All of BOQ's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.