Bank Of Queensland Cash Management Account
A Bank of Queensland Cash Management Account is a special savings account that the bank offers for those who are capable of maintaining a specific required amount under such an account. When the designated depositors are able to meet this initial requirement, they can expect to receive highly competitive interest rate that are calculated daily, consequently being credited to their accounts by the end of the month.
Apart from the tempting interest rate, another unique feature of the Bank of Queensland Cash Management Account is that it carries no monthly maintenance fee. Of course, you will have to meet the required maintaining balance so you will not be charged with the expected fee. Otherwise, expect such charges to get reflected on your next bank statement which Bank of Queensland regularly sends to its customers.
Other than having no maintenance fees, a Bank of Queensland Cash Management Account also gives you the opportunity to do business with the bank under a free and unlimited setting. In particular, when maintaining such an account, you can enquire on your account balance for free at any Bank of Queensland ATM branch, the official bank website, or through EasyPhone. You can also make unlimited and free withdrawals from your account provided you make sure that you are able to remain within the required maintaining balance.
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