Your Finance GuideAustralian finance education
Tier-2 bank

Bank of Queensland

QLD-headquartered tier-2 bank, parent of ME Bank and Virgin Money Australia. Branch network particularly strong in QLD.

BrisbaneFounded 1874ACL/Banking Licence 244616

Strengths

  • Strong QLD branch network
  • Owner-managed branch model with local accountability
  • Specialist medical and accounting professional packages

Watch out for

  • Annual fee on premium packages
  • Less competitive on standalone simple-variable

BOQ products

Editorial reference covering the product range BOQ offers and the structural strengths and trade-offs we observe in the market. For the current headline rate and comparison rate, click through to BOQ\'s own rate card; the live number sits with them.

Home loans

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Other tier-2 banks

Same lender category; compare side by side.

MacquarieINGBendigo BankME

WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are based on a secured loan of $30,000 over 5 years for vehicle finance and $50,000 over 5 years for equipment finance, as required under the National Credit Code.

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The Bank of Queensland rates above are publisher reference. The right product for your situation depends on income, deposit, credit profile, security and serviceability, and that comparison is what a broker does.

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★★★★★4.9 across 320+ reviewsAustralian Credit Licence 505575Independent. Education first.