Savings · Side by side

BOQ Future Saver Account (ages 14–17) vs BOQ Simple Saver Account

vs
These are open to different people: BOQ Future Saver Account (ages 14–17) only to 14 to 17 year olds, BOQ Simple Saver Account to anyone 14 or over.
Interest a year on $50,000
$3,000
6.00% on this balance
$2,500
5.00% on this balance

BOQ Future Saver Account (ages 14–17) pays $500 more a year on $50,000 than BOQ Simple Saver Account, but it's open only to 14 to 17 year olds.

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Where they differThe rate (6.00% against 5.00%), how much of a balance the top rate covers, the intro rate, who can open it and the minimum balance.

The same on bothOne rate with nothing to do each month.

BOQFuture Saver Account (ages 14–17)
BOQSimple Saver Account
Total rate
6.00%
+1.00 · Higher total rate
5.00%
Top rate paid up to
$50k
$5M
+$5.0M · Covers more of a balance
Intro rate
for new accounts
None
5.55%
for 4 months
Who can open it
14 to 17 year olds
Anyone 14 or over
Minimum balance
None
$1
Rank by total rate
1st of 114
among accounts open to under-18s
60th of 117
among accounts open to adults
Last rate change
No change
since 14 Oct 2026
9 Oct 2026
up 0.20

Rates over time

Each account's total rate, a cell a week. A move shows as ▲ or ▼ in the week it happened.

BOQ Future Saver Account (ages 14–17)
Go to siteMore about this account
BOQ Simple Saver Account
Go to siteMore about this account

As of 2 November 2026, BOQ Future Saver Account (ages 14–17) pays 6.00% with nothing to do each month, and BOQ Simple Saver Account pays 5.00% with nothing to do each month. On $50,000, that's $3,000 against $2,500 a year, $500 more from BOQ Future Saver Account (ages 14–17). Figures are the banks' published rates, worked out on the balance above. Each row says which figure is higher; it doesn't say which account suits you.

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Other comparisons

A savings account against a term depositWhat each pays over the same term on your balance