Your future savings start now

Get a $50 Woolworths gift card with a new Future Saver account, only through Student Edge.¹

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Features and benefits
How to get a gift card
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Get ahead with Future Saver

At BOQ, we think all students deserve a head start on their future. That’s why, when you open a Future Saver account through Student Edge, we’ll top you up with a $50 Woolworths gift card.¹

Apply online

Apply now

Scan the QR code to download the myBOQ app and get started

Boost your savings while you study

Earn up to 4.90% p.a. with Future Saver, our high interest account designed to help students grow their savings.² Exclusive to the myBOQ app, it’s packed with smart features to help boost your balance like:

Bonus interest

Earn bonus interest each month when you meet the Bonus Criteria.²

Round Ups

Grow your savings as you spend. Round up your transactions to the nearest dollar and we’ll put the extra change straight into your account.³

Split savings

Open up to 9 Future Saver accounts to manage your savings across multiple goals, and make every cent count.

How to get your gift card

To kick off your future finances with a $50 Woolworths gift card, just open a BOQ Future Saver account online or through the myBOQ app and:

Use the offer code E23MARPRO in the myBOQ app

If eligible you will receive your $50 Woolworths gift card within 60–90 days of opening your Future Savings Account.

Deposit $1,000 and make 5 eligible transactions in the first month.

Open an account in 5 minutes

Apply online

Apply now

Scan the QR code to download the myBOQ app and get started

Important Information

BOQ’s Everyday, Future Saver, Smart Saver and Simple Saver Accounts are only available on the myBOQ app. The myBOQ app is free to download however your mobile network provider charges you for accessing data on your phone. The myBOQ app is compatible with Android™ and iOS, minimum platform requirements apply. Android is a trademark of Google LLC. iOS is a trademark or registered trademark of Cisco in the U.S. and other countries and is used under license. Find out about the minimum operating system requirements on the myBOQ app page.
These products are issued by Bank of Queensland Limited ABN 32 009 656 740 AFSL and Australian Credit Licence no. 244616 (BOQ). Conditions, Criteria and Fees Apply. You should obtain and consider the relevant terms and conditions for the product before making any decision about whether to acquire or continue to hold it. Full terms and conditions are available online or at any Bank of Queensland branch. BOQ’s Everyday and Future Saver are only available on the myBOQ app.
1. $50 Woolworths Gift Card Offer: This offer is open to students who do not already hold a Future Saver Account and use the offer code to open a new Future Saver Account linked to an Everyday account between 8/3/23 and 31/5/23, and deposit $1,000 and make at least 5 direct debit transactions, ATM withdrawals, BPAY payments or settled debit card purchases (not pending) from your linked Everyday Account in the first month after account opening. The $50 Visa Gift card will be sent to you within 60-90 days after account opening if the criteria is met. The account must stay open during this period to be eligible for the offer. Offer is limited to one eligible Future Saver Account and is not available with any other offer. This offer can be amended and/or withdrawn by BOQ at any time without notice. Offer current as at 6 March 2023.
2. A Bonus Interest variable rate will only be paid if Bonus Criteria are met in the previous month. Bonus Criteria will be met where both the following conditions are met:
- a minimum of $1,000 is credited electronically to the linked Everyday Account in the prior calendar month. This excludes cash and cheque deposits and amounts transferred from another one of your BOQ Accounts including any Account you may be linked to as an Authorised User or joint Account holder;
AND
- at least 5 direct debit transactions, ATM withdrawals, BPAY payments or purchases of goods or services from a Merchant are made in the prior calendar month by using your BOQ Visa Debit Card associated with your linked Everyday Account. This does not include cheques written or deposited, branch cash withdrawals, transfers or payments to any BOQ account or to a non-BOQ account via Internet Banking, in branch or at ATMs, transfer of funds to accounts held at an overseas bank, pending Visa Debit Card transactions and BOQ Credit Card transactions.
Transactions that are not settled (are pending) do not count towards the Bonus Criteria. If a transaction is made but settles in the following calendar month then the transaction will be counted in the following calendar month.
The variable Base Rate applies to balances over $250,000. The variable Base Rate always applies in the first month after opening an account. In the first month, Bonus Criteria on the transaction account is measured from the time the Future Saver Account is opened, not the full calendar month even if the transaction account was already existing. Interest is calculated on a stepped basis and paid monthly on the first day of the following month. If Bonus Criteria conditions are not met the variable Base Rate only will apply.
3. Round Ups are transfers that you can choose to activate on your Everyday Account(s). When you enable this feature on your Everyday Account, funds are transferred to your nominated savings account each time you make a card transaction. The amount of the transfer will be up to the nearest $1 of the amount that the transaction takes place. Round Up transactions will not take place if your account would be overdrawn by making the transaction. Each Round Up transfer will be done when a transaction is processed as pending on your account. As some transactions may occur offline, the Round Up transfer will only take place when the transaction information is received. Pending transactions could also potentially not be debited by the merchant; in that case the round-up will not be reversed. You can disable the Round Up feature through the myBOQ app at any time
# Under the Australian Government’s Financial Claims Scheme (FCS), certain deposits are protected up to a limit of $250,000 for each account holder at BOQ. The FCS limit of $250,000 applies to the total sum of all BOQ bank accounts, including accounts you hold with BOQ Branches, ME Bank, Virgin Money Australia and BOQ Specialist. Please visit this website for further information on the institutions and types of accounts covered.
Conditions, Criteria and Fees Apply. You should obtain and consider the relevant Product Disclosure Statement (PDS), terms and conditions and Guide to Fees and Charges for the product before making any decision about whether to acquire or continue to hold it. Full terms and conditions are available online or at any Bank of Queensland branch.
For Target Market Determinations please refer to the TMD page here