Bank Of Queensland Bonus Interest Savings Account - Savings Accounts

Bank Of Queensland Bonus Interest Savings Account

One very inviting offer from the Bank of Queensland is its Bonus Interest Savings Account. This is because when you decide to deposit your money under this particular savings account, you get to earn extra interest apart from the usual interest that most savings deposit accounts are known to have.

Of course, when you decide to avail of a Bank of Queensland Bonus Interest Savings Account, you have to meet certain conditions so you can qualify for the extra interest. Foremost of these is that you should only make one withdrawal in a month since the additional interest, along with the normal interest, gets calculated on a daily basis and paid out at the end of the month.

This may seem to be a rather strict requirement but you can actually get to meet this if you happen to hold several savings accounts with the Bank of Queensland. In such a case, you can draw the needed cash from the other accounts and take out money from your Bank of Queensland Bonus Interest Savings Account only once every month.

In return, you can expect additional earnings that will be credited to your account monthly. And if you happen to have lost count on how many withdrawals you have made on your Bank of Queensland Bonus Savings Account during a given month, you can always refer to the bank statements that you will receive regularly.