BankMate

Savings account · 18-35 years

BOQ Future Saver Account

6.00%p.a. total

0.05% base + 5.95% bonus when the conditions are met

1st of 151 savings accounts · market average 4.37%

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The RBA raised the cash rate to 4.60% on 30 September. Future Saver Account moved on 9 October, 9 days later.

What the bonus asks

2 things each month
Each month
  1. A deposit of at least $1,000
  2. 5 card purchases
A month without them

Pays the 0.05% base rate on the whole balance.

Who can open it

18 to 35 year olds

Balance

The bonus is paid on balances up to $50,000.

Compare all 151 accounts

Rate history

Last change 9 Oct
  • Future Saver Account
  • RBA cash rate
  • Market average
4.005.006.00MarMayJulSepToday6.00% p.a. today

October 20261 change

  1. 9Fri
    • 5.80 → 6.00Bonus rate 5.75% → 5.95% · 9 days after the RBA rise to 4.60%
      +0.20

September 20261 change

  1. 23Wed
    • 5.60 → 5.80Bonus rate 5.55% → 5.75%
      +0.20

June 20261 change

  1. 9Tue
    • 5.35 → 5.60Bonus rate 5.30% → 5.55% · 34 days after the RBA rise to 4.35%
      +0.25

March 20261 change

  1. 28Sat
    • 5.10 → 5.35Bonus rate 5.05% → 5.30% · 10 days after the RBA rise to 4.10%
      +0.25

  1. #1FebFeb 2026: ranked 1 of 42
  2. #3MarMar 2026: ranked 3 of 64
  3. #3AprApr 2026: ranked 3 of 76
  4. #5MayMay 2026: ranked 5 of 79
  5. #3JunJune 2026: ranked 3 of 79
  6. #3JulJuly 2026: ranked 3 of 80
  7. #3AugAug 2026: ranked 3 of 80
  8. #1SepSep 2026: ranked 1 of 120
  9. #1OctOct 2026: ranked 1 of 150
  10. #1NowNov 2026: ranked 1 of 151
  • Top 5%
  • Top 10%
  • Top 25%
  • Top half
  • Lower half

In the top 5% for 9 of the last 10 months. Never below the top 10%.

A year meeting the conditions
$3,000
A year without meeting the conditions
$25
Against the average (4.37%)
+$816

On a $50,000 balance. Type yours above; it's kept with your savings preferences.

Up to $50k6.00%
$50k – $250k3.30%
$250k+0.05%

BOQ Future Saver for 18 to 35 year olds. Bonus interest is paid for any month in which you deposit at least $1,000 into your linked BOQ Everyday Account by electronic transfer from another Australian bank, and make 5 or more eligible transactions from that Everyday Account: direct debits, ATM withdrawals, BPAY payments or settled Visa Debit card purchases. For 14 to 17 year olds BOQ waives the conditions.

Notes from savers

to leave a note.

Often compared with: BOQ Simple Saver Account

Other BOQ accounts: Future Saver Account (ages 14–17) 6.00% · Smart Saver Account 5.65% · Simple Saver Account 5.00%

Pays 6.00% p.a. total (0.05% base plus 5.95% bonus) as of 1 November 2026. Ranks 1st of 151 savings accounts tracked by BankMate, 1.63 points above the average of 4.37%. The rate last rose on 9 October 2026, 9 days after the RBA raised the cash rate to 4.60%. Read from the bank's published pages. Compare savings accounts ·