Lender review

Bank of Queensland

LoanCaddie Opinion

Bank of Queensland is a mid-sized bank. Since it is not a major bank, it is required to be competitive in order to grow. As a result, it one of the most accommodating credit policies and can also compete in interest rates.

Facts and lender background

BOQ is one of Australia's leading regional banks. It is among the few still not owned by one of the big banks. BOQ has operated since 1874.


Credit Rating

BOQ is rated BBB+ by S&P. The Australian Government's guarantee on deposits under the Financial Claims Scheme applies to deposits held with BOQ.


Bank of Queensland is publicly listed on the ASX.


BOQ is 70% funded by customer deposits. The remained is funded by the wholesale capital market.

Customer service
Product Review Rating

average is 2.1 / 5

Branch network

BOQ has 252 branches throughout Australia, including 78 corporate branches and 166 "owner managed" branchesYou are able to transact at more than 3,200 Australia Post outlets that display the Bank@Post sign. This provides you with real-time deposits and the ability to draw cash.

Internet banking

Internet banking is available.


BOQ customers have ATM operator fee free access to over 10,000+ ATMs including rediATM, BOQ preferred ATM network and some other Australia banks' ATMs.