BOQ Platinum Visa Credit Card

A hidden gem of a platinum card if you’re after rewards and perks. Spend $4,500 within 3 months and earn 100,000 Q Rewards points—which can be converted to Velocity or Flybuys points. Earn 2 Q Rewards points per $1 on eligible purchases, plus extras you'd expect with a platinum card, like purchase protection and travel insurance. Balance transfers get a 0% p.a. rate for 12 months (1% fee applies), reverting to 21.99% p.a. after that.

The basics

• Additional cardholders. This card allows up to 4 additional cardholders at no extra cost, so you can share the account with family members. As the account holder, you will be responsible for managing the account and repayments.
• Digital wallets. This card supports Apple Pay, Google Pay and Samsung Pay.
• Gambling transactions. Bank of Queensland has blocked all gambling-related transactions on the BOQ Platinum Visa Credit Card.

Rewards and benefits

• Complimentary travel insurance. The BOQ Platinum Visa Credit Card comes with complimentary international travel insurance. This coverage is activated when cardholders use the card to pay for their travel expenses prior to departure. Eligibility criteria apply.
• Concierge services. The BOQ Platinum Visa Credit Card comes with access to a 24/7 concierge service, which can provide assistance with booking travel arrangements, getting recommendations, arranging gifts, and more.
• Rewards points. BOQ Platinum Visa Credit Card holders can earn 2 points per $1 spent in the Q Rewards program on eligible purchases. Cardholders can redeem their rewards points for a range of rewards including merchandise, travel, and experiences. Points do not expire if the account is kept open, active, and in good standing.
• Sign-up bonus. Bank of Queensland offers 150,000 bonus points when you spend $3,000 in the first 3 months.

Rates and fees

• Annual fee. BOQ offers a discounted first-year annual fee of $75 on this card, then $149 per year thereafter.
• Balance transfers. This credit card offers a 0% p.a. balance transfer rate for 12 months with an 80% balance transfer limit. There is a 1% balance transfer fee and the revert rate is 21.99% p.a. after 12 months.
• Cash advances. If you use your card to make a cash advance, you'll pay the 21.99% p.a. interest rate immediately from the date of the transaction. In addition to interest, a one-off cash advance fee of 3.5% will be charged for any cash advances made with this card.
• Foreign exchange fee. Any purchases made overseas or in a foreign currency will incur a fee of 3.4%.
• Interest-free period. This card offers up to 44 days interest-free on purchases (except for cash advances) when you have paid off your previous balance or made the minimum required payment.
• Purchases. There is no introductory offer on purchases with the BOQ Platinum Visa Credit Card. Purchases will be charged interest at the ongoing rate of 20.99% p.a.