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Bank of Queensland was established in 1874 and is one of Queensland’s oldest financial institutions. BOQ has almost 270 branches and has more than 650,000 customers. Though it is a Queensland based bank it has branches all over Australia. The banks differentiating feature is that all their branches are run by Owner-Managers, so that local citizens own and run the banks. This dynamic and innovative financial institution will surely grow and expand throughout the coming years. The information supplied below is linked directly to the banks website and therefore is as up to date as the banks rates. Bank of Queensland rates tableInformation is taken from www.boq.com.au | |||
Boq Specialist Term Deposit Rates
With term deposits, your interest rate is locked, so even if the market dips, your rate remains the same and you have certainty around how much you will receive at the maturity of your term deposit. Generally speaking the longer the term you can lock in for, the higher the interest rate you will receive. BOQ Specialist - a division of Bank. The interest rates displayed below requires a minimum account balance of $1000 and is based on the term 12 less than 24. The current interest is based on amounts deposited over $5000 to $249,999 The rate of 1.75% is 0.28% higher than the average 1.47%. Also it is 1% lower than the highest rate 2.75 Updated Aug, 2019.