BOQ Simple Saver Account vs BOQ Smart Saver Account
vs
These are open to different people: BOQ Simple Saver Account to anyone 14 or over, BOQ Smart Saver Account to anyone 36 or over.
Interest a year on $50,000, with the conditions met
$2,500$2,500
5.00% on this balance
$2,825$2,825
5.65% on this balance
BOQ Smart Saver Account pays $325 more a year on $50,000 than BOQ Simple Saver Account.
Drag to try another balance
Where they differThe rate (5.00% against 5.65%), the conditions on the bonus, how much of a balance the top rate covers, the intro rate, who can open it and the minimum balance.
BOQBOQSimple Saver Account
BOQBOQSmart Saver Account
Figure by figure
Interest a year without meeting the conditions
on $50,000
$2,500
No conditions to miss
+$2,475 · More without meeting the conditions
$25
at the base rate
Total rate
base plus bonus
5.00%
5.65%
+0.65 · Higher total rate
Base rate
paid whatever you do
5.00%
the whole rate
+4.95 · Higher base rate
0.05%
Bonus rate
None
one rate, nothing to do
5.60%
with the conditions met
+5.60 · Higher bonus rate
Top rate paid up to
$5M
+$4.8M · Covers more of a balance
$250k
What the bonus asks each month
Nothing
A deposit of at least $1,000
5 card purchases
Intro rate
for new accounts
5.55%
for 4 months
None
Who can open it
Anyone 14 or over
1480+
Anyone 36 or over
3680+
Minimum balance
$1
None
Rank by total rate
60th of 117
among accounts open to adults
5th of 117
among accounts open to adults
Last rate change
9 Oct 2026
up 0.20
9 Oct 2026
up 0.25
Rates over time
Each account's total rate, a cell a week. A move shows as ▲ or ▼ in the week it happened.
As of 2 November 2026, BOQ Simple Saver Account pays 5.00% with nothing to do each month, and BOQ Smart Saver Account pays 5.65% with its monthly conditions met. On $50,000, that's $2,500 against $2,825 a year, $325 more from BOQ Smart Saver Account. 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.
