About BOQ

As one of Australia’s longest standing banks – Bank of Queensland (BOQ) has evolved over the years offering a larger range of products and services, increasingly simple and innovative technologies and better ways to do everyday banking.

An Independent Regional Bank

With so many regional banks having been bought over by larger banks like Westpac and NAB, it is very unique to come across a regional bank that is still independently owned and – BOQ is one of these unique cases.

Developing Long Term Relationships

Another one of the main things that sets BOQ apart from other large banks is the fact that their approach involves developing long term relationships with their customers.

They believe that each and every customer should receive products that offer them value and meet their needs from home loans to short-term credit.

Start Saving Early

BOQ believes that is never too early to start savings and have created a savings account specifically for children. This account is designed to teach them the principals and value of savings from a young age.

In addition to a savings mindset – BOQ’s range of financial products and services are designed to be simple and to meet the needs of customers.

BOQ works with both individuals and businesses offering some of the country’s most competitive interest rates and services on business and personal cash loans.

What BOQ can offer you

Bank of Queensland offers customers both secured and unsecured personal loans. The unsecured fixed personal loan currently has an interest rate of 12.39% and their unsecured variable rate has an interest rate of 12.95% per annum.

Secured Personal Loans

BOQ has fixed and variable rate personal loans that are secured on a customer’s mortgage with rates of 10.99% for the fixed and 9.54% for the variable rate. You can also get a car loan with BOQ with fixed rates as low as 7.39%.

That being said, the rates described above do not take into account any rates and fees so customers can visit the lender’s website and review the listed comparisons rates for all of their loan products.

Credit Cards

In addition to BOQ’s fantastic range of personal loans, they also offer 3 high value credit cards that can stand in the place of a quick loan if needed.

These CREDIT cards are:

  • The BOQ Platinum Visa which offers an incredible 0% interest on balance transfers for a period of 18 months
  • The BOQ Blue Visa credit card which offers a 44 day interest free period on purchases and a credit limit of up to $10,000
  • The BOQ Low Rate Visa

In a Nutshell

  •  Loan minimum $3,000
  •  Loan maximum $50,000
  •  Interest rate From 9.54% to 12.95% per annum (comparison rate from 14.3% to 15.72% per annum)
  •  Loan term minimum 1 year
  •  Loan term maximum 7 years
  •  Average processing time 48 hours
  •  Online application
  •  In-store application
  •  Unsecured loan option
  •  Secured loan option
  •  Early repayment

Choosing a Loan and Applying Online

One of the first things that BOQ encourages potential borrowers to decide is whether they want a secured or unsecured loan.

This decision will be based on the value of the personal loan, the intended use, the borrower’s budget and whether or not security is available.

Car versus Personal Loan

If you’re looking for vehicle finance, BOQ encourages you to apply for a car loan with them rather than a general use personal loan as they have a lower interest rate and your vehicle will be used to secure the loan.

Using BOQ’s Resources

BOQ have made information regarding their quick loans readily available on their website for customers to review.

This includes some practical advice, a document indicating all rates and fees as well as all the applicable terms and conditions.

BOQ's Branches

BOQ have over 200 branches across the country and welcome all customer to apply for a loan with them in branch.

It is also, however, possible for you to get a personal loan by completing an online loan application via their website. This service is available to both existing and new customers.

Eligibility & Requirements

  •  Credit check
  •  Recent pay slips
  •  Employer to confirm employment

Other Products & Services

  • Mobile Banking
  • BOQ Property App
  • Online Applications
  • BOQ Money
  • Personal Banking
  • Everyday banking
  • Savings & investment
  • Credit cards
  • Personal loans
  • Home loans
  • Insurance
  • International services
  • Investing
  • Private Bank
  • Account switching
  • Card switching
  • BOQ Self Managed Super Options
  • Calculators

Here’s a short video about BOQ

Contact Details

  •  1300 55 72 72
 Visit Website


 Physical Address

  • Shop G1&G2 MacArthur Central 255 Queen Street, Brisbane, QLD, 4000, Australia

 Postal Address

  • GPO Box 898, Brisbane, 4001, Australia

Opening Hours

  •  Monday 09:30 – 16:00
  •  Tuesday 09:30 – 16:00
  •  Wednesday 09:30 – 16:00
  •  Thursday 09:30 – 16:00
  •  Friday 09:30 – 17:00
  •  Saturday Closed –
  •  Sunday Closed –