• Q Rewards program points allow you to fly any airline any time (Qantas, Jetstar and Virgin Australia)
• Earn 2 Q Rewards Points for every $1 spent
• Q Rewards points never expire
• Concierge service like having your very own personal assistant on hand 24 hours a day
• International travel insurance for everything from medical expenses to lost luggage
• Higher levels of Purchase Cover Insurance on most new items you're covered against loss, theft or damage for three months
• Extended warranty on purchases made up to one year
• Priority 24-hour customer service on dedicated Platinum card enquiries line
• $1,000 daily cash advance limit through ATMs
• Read the terms and conditions

• Earn 2 Q Rewards points per $1 spent
• Personal concierge service available 24/7
• Complimentary international travel insurance
• Purchases covered by extended warranty and purchase cover insurance
• At least $40,000 required as minimum annual income
• Purchase interest rate is slightly above average

How does the BoQ Platinum Visa Credit Card compare for rates and fees against an average credit card? Based on the data from our website this credit card comparison scorecard shows:

		Purchase Rate	Cash Adv Rate	Annual Fee	Bal. Transfer Rate	Bal. Transfer Rate Period
	BoQ Platinum Visa Credit Card	20.74%	21.74%	$99	1.9%	6 months
	The Average Credit Card	17.15%	21.03%	$96	2.86%	7 months

The BoQ Platinum credit card is a great card for the security-conscious credit user. If you are worried about having credit in your name falling into the wrong hands, or are one of those people who has to check their wallet is on their person every half hour, this card will help set your mind at rest. Credit card fraud, disputes with retailers and losing or damaging credit cards can cause huge inconveniences, especially for those travelling for work or leisure. With the Bank of Queensland Platinum credit card, customers can achieve the ultimate peace of mind about the safety of their funds and their credit report too.

Pros

This is a super-secure card that comes with plenty of help should customers run into difficulty. It comes with a personal concierge service, for customers who need advice and support, as well as extended warranty on purchases in case of disputes with retailers over refunds and returns, and purchase cover insurance. As well as this, the card is protected from identity thieves by Fraudshield, can be replaced in emergencies within 24 hours inside Australia, and comes with complimentary travel insurance. For those customers who like to be ready for the worst, this is a fantastic offer.

Aside from all the security measures, the card comes with very generous credit limits, plenty of voucher, gift certificate and merchandise rewards, and provides two Q Rewards for every $1 spent on the card. Membership of the Q Rewards program, unlike many other credit card rewards programs, is free, so this really is a way to save on travel costs such as flights and shopping with big brand retailers. All those rewards can soon add up, helping customers to make their money go further.

Cons

Every card has its disadvantages and with this one, it is the cost. All that security, insurance, support and protection comes at a price. In this case, there is a relatively high annual fee of $99 p.a., and quite high interest rates on purchases (20.74% p.a.) and cash advances (21.74% p.a.). There is, however, a 55 day interest free period, so for customers who normally pay off their full debt within the monthly time limit, the interest rate need not come into the equation.

If you can afford a relatively high annual fee, or it is a price you are willing to pay for the knowledge that your money is protected left, right and centre, this card could work well for you. This is no balance transfer facility for this card.

Conclusion

This card is not for the happy-go-lucky type, and nor is it for someone with existing debt looking to save money or simplify repayments. For security, however, it is pretty much unparalleled on the market today. If you are the kind of customer who demands their creditor goes the extra mile in protecting them against theft, fraud, loss of cards, or less-than-reputable retailers with dodgy goods, this card can provide you with the security that you need to sleep easy at night.

Why not take a look at BoQ’s application process? It is quick and easy, and you could have an answer on your eligibility very soon.