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Bank of Queensland WebSavings

Bank of Queensland WebSavings

4.3 from 3 reviews

See the Best Savings Accounts in 2019 as rated by Australians on ProductReview.com.au.

Reviews

Review distribution

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aussietaff

aussietaffWide Bay-Burnett, QLD

  • 22 reviews
  • 19 likes

The web savings account pays better interest

published

The web savings account pays an interest rate about 0.75% higher than the Pensioner account, which I did not know about
So in that respect the web savings account is worth having for saving, as there currently are no account keeping fees.
You must do a small transaction occasionally, in order to keep the account activated.


heytherek

heytherek

  • 369 reviews
  • 31 likes

Good

published

This is a very solid and dependable savings account and I really like the banking experience I have had with Bank of Queensland over the years. When I had a websavings account it was a good way to earn a higher interest rate, but you do need to keep a hefty balance in order to get any real benefit. There is no fee if you do keep that balance and the branches always have friendly and helpful staff.
This is a simple and easy to use savings accounts and there are now plenty of branches out there to use.
There are none.

shellfreak

shellfreak

  • 168 reviews
  • 21 likes

Good

published

The first online savings account I had, the Bank of Queensland Web Savings used to be as good as anything around. In recent years though, the other banks who were lagging have caught up and it is just a run of the mill account now, probably only best for those who have other accounts with the bank and are looking for ease of transactions.
This has been for a long time one of the best online savings accounts out there. Always among the market leaders for interest rates.
In recent times, other accounts have offered better rates of interest, and bank of Queensland needs to lift in this respect.

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Details

CategorySavings Accounts
Release dateAug 2009

Visit official website

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