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Australian bank to offer lottery tickets instead of interest

15th October 2010 10:28 am GMT

Australia’s Bank of Queensland (BOQ) has announced plans to launch what it calls a “unique” new product in the Australian marketplace which offers customers an alternative to the traditional interest-bearing savings accounts - the chance to win a monthly draw for more than AUD$30,000 in cash prizes.

Set to go live next month, BOQ’s new product, Save to Win, offers customers with more than AUD$250 in their account the chance to win three levels of prizes, [...]

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