The Finance Algorithm
BOQ Specialist

One Account

The One Account is a unique transaction account that pays a competitive rate of interest on credit balances as well as giving you access to an optional overdraft facility. There are no ongoing monthly fees and we don't require you to maintain a minimum balance

Savings & transaction accountsBank updated 16 Mar 2026
At a glance
Base rate
0.10%
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
VariableInterest paid monthly0.10%paid every 1 mo
§ 02 — Fees · 20
FeeTypeAmountWhenNotes
Dishonour FeeDishonour$45Charged if there are insufficient cleared funds available to cover the value of a direct debit being processed
Duplicate and Interim Statement FeeEnquiry$5Charged for each Duplicate and Interim statement issued
Bank Audit CertificateEvent$30Charged for each Bank Audit Certificate issued as part of an audit request
Bank Cheque FeeEvent$10Charged for issuing a bank cheque
Express card deliveryEvent$40Priority handling cost for replacement Card
Express PIN deliveryEvent$30Priority handling cost for replacement PIN
Overdrawn Account FeeEvent$15Charged if we honour a transaction that overdraws your account
Trace FeeEvent$20Charged for each request to perform a trace on any transaction type
Voucher Retrieval FeeEvent$10Payable for each voucher retrieval you request BOQ Specialist to obtain from a relevant merchant.
Direct Debit FeePaymentNo fee
Foreign Currency Conversion FeePurchase2.95% of transactionPayable when you make a transaction on your card account in a currency other than Australian dollars, or you make a transaction on your card account in any currency (including AUD) that is processed…
GCAS emergency card replacement FeeReplacement$175Payable and deducted from your card account on issuance of a replacement card outside Australia.
Online Banking Security credentialReplacementNo fee
Replacement of Online Banking security credentialReplacement$50Charged for each replacement Online Banking security credential issued
Transaction Fee (international)Transaction$30Payable when you transfer money to a Beneficiary with a bank account held at an overseas financial institution or Foreign Currency transfer to an australian financial institution.
Transaction Fee (overnight)TransactionNo fee
Transaction Fee Real Time Gross Settlement (RTGS) - which is a same day payment requestTransaction$30Payable for each Real Time Gross Settlement (RTGS) transaction
Optional Overdraft Facility Application FeeUpfront$495If your Overdraft is approved and established, the Application Fee will be debited from your Account BOQ Specialist Student Banking Package BOQS Staff discount
ATM transactions per activityWithdrawalVaries
Foreign ATM FeeWithdrawal$5Charged for each transaction at an ATM outside of Australia.
§ 03 — Features
Digital bankingUnlimited transactionsOverdraftGoogle PayApple Pay
  • · When you become a BOQ Specialist client you will be matched with a dedicated financial specialist who can assist with all of your personal and business banking needs
  • · Ability to deposit funds over-the-counter at any BOQ or ANZ branch Australia-wide
  • · Earn a savings rate of interest on your everyday account balance
§ 04 — Eligibility & limits
  • · Minimum age 16
  • · Residency: Resident or Citizen
  • · Available to individuals
  • · Product is offered to medical, dental, veterinary & accounting professionals only

Published by BOQ Specialist under the Consumer Data Right, last changed by them on 16 Mar 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.