Bank of Queensland

Bank of Queensland credit cards

BOQ Blue Visa Credit Card

On website

BOQ Blue Visa Credit Card

Balance transfer

9 months at 0% p.a.

Purchase rate

9 months at 0% p.a.

Annual fee

$60.00 p.a. ongoing

Highlights

  • Benefit from a 0% p.a. rate for 9 months on Balance Transfers, accompanied by no balance transfer fee (reverting to cash advance fee thereafter).
  • Take advantage of the 0% p.a. on purchases 9 months. Reverts to 20.74% p.a.
  • Avail of the guaranteed pricing scheme for your purchases.

Pros

  • Earn rewards points on every dollar spent with no cap.
  • 0% on balance transfers and purchases for 9 months.
  • No balance transfer fees.

Cons

  • Interest-free period is relatively short, at 44 days.
  • $15 charge per additional card.
BOQ Low Rate Visa Credit Card

On website

BOQ Low Rate Visa Credit Card

Balance transfer

18 months at 0% p.a.

Purchase rate

13.49% p.a. ongoing

Annual fee

$55.00 p.a. ongoing

Highlights

  • Benefit from 0% p.a. for 18 months on balance transfers with no balance transfer fee.
    Reverts to 21.49% p.a.
  • Access a low-rate credit card with an ongoing rate of 13.49% p.a.
  • Enjoy up to 55 days on purchases interest-free.

Pros

  • Low ongoing interest rates.
  • No fees on balance transfers.
  • Instalment Plans on large purchases.

Cons

  • No rewards points or cashback.
  • Additional cards come with a fee.
BOQ Platinum Visa Credit Card

On website

BOQ Platinum Visa Credit Card

Balance transfer

12 months at 0% p.a.

Purchase rate

20.74% p.a. ongoing

Annual fee

$65.00 for 1st year

Highlights

  • Receive a bonus of 100,000 Q Rewards points upon spending $4,500 on eligible transactions within the initial 90 days post-approval.
  • Benefit from a 0% p.a. rate on balance transfers for 12 months, with 1% balance transfer fee. The rate reverts to the cash advance rate of 21.74% p.a. after the promotional period.
  • Accrue 2 Q Rewards points for each dollar spent on eligible transactions.

Pros

  • Get up to 100,000 Q Rewards points when you meet the criteria.
  • 0% p.a. on balance transfers for 12 months with no balance transfer fee.
  • Discounted annual fee of $65 for the first year.
  • Get up to 4 additional cardholders at no extra cost.

Cons

  • The $129 p.a. annual fee after the initial year.
  • There is a 1% BT fee.

Bank of Queensland (BOQ) offers a range of credit cards to suit various financial needs.

Types of Bank of Queensland Credit Cards

  • Low Rate Credit Cards: BOQ's low rate credit cards offer competitive interest rates, making them suitable for cardholders who prioritize saving on interest charges.
  • Rewards Credit Cards: BOQ's rewards credit cards allow cardholders to earn points for their purchases, which can be redeemed for various rewards such as flights, merchandise, or gift cards.

Eligibility for Bank of Queensland Credit Cards

To be eligible for a Bank of Queensland credit card, you need to meet certain criteria. While specific requirements may vary based on the card type, common eligibility criteria include:

  • Being an Australian citizen or permanent resident
  • Meeting minimum income requirements
  • Having a good credit history
  • Being over the age of 18

It's advisable to check the specific eligibility criteria for the card you're interested in before applying.

Applying for a Bank of Queensland Credit Card

The application process for a Bank of Queensland credit card is simple.

  1. Compare Card Offers: Evaluate credit card options from BOQ and other banks to find one that aligns with your needs and preferences.
  2. Check Eligibility: Ensure you meet the eligibility criteria for the selected credit card.
  3. Apply Online: You can typically apply for a BOQ credit card online by filling out an application form and providing the necessary documents.
  4. Verification: BOQ will assess your application, which may include verifying your identity and income.
  5. Approval: If your application is approved, you will receive your new credit card along with relevant information such as the credit limit and terms.

Help choosing a Bank of Queensland credit card

Access personalized guidance to choose the perfect Bank of Queensland credit card aligned with your financial needs and lifestyle.

  • FAQs

What is the minimum income requirement for a Bank of Queensland credit card?

The minimum income requirement for a Bank of Queensland (BOQ) credit card varies depending on the specific card you're applying for. It's advisable to check the BOQ website or contact their customer service for the most accurate and up-to-date information regarding income requirements for the card of your interest.

How can I redeem the rewards points earned on my BOQ credit card?

To redeem the rewards points earned on your BOQ credit card, log in to your online banking account and navigate to the rewards section. Here, you can view your points balance and explore the various redemption options available, such as merchandise, gift cards, or travel bookings.

Are there any international transaction fees associated with BOQ credit cards?

BOQ credit cards may incur international transaction fees on purchases made in a foreign currency or on transactions that are processed outside of Australia. The fee is typically a percentage of the transaction amount. For specific rates, it's best to consult the terms and conditions of your credit card.

Can I link my BOQ credit card to mobile payment services like Apple Pay or Google Pay?

Yes, you can link your BOQ credit card to mobile payment services like Apple Pay or Google Pay. This allows you to use your phone for contactless payments at participating merchants, offering a convenient and secure way to pay without needing your physical card.

What should I do if my BOQ credit card is lost or stolen?

If your BOQ credit card is lost or stolen, you should immediately report it to BOQ by calling their customer service hotline. They will assist you in blocking your card to prevent unauthorized transactions and will guide you through the process of obtaining a replacement card.