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 and cons

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.

About this credit card

Basics

Card usage

Apple Pay Enabled
Yes
Card Type
Visa
Gambling Transactions Allowed
No
Samsung Pay Enabled
Yes

Eligibility

Joint Application Accepted
No
Minimum Age
18 years
Minimum Credit Rating
Good
Minimum Income
$35,000.00
Temporary Residents Accepted
No

Additional cardholders

Additional Cardholders
4
Additional Card Fee Ongoing
$0.00

Credit limits

Minimum Credit Limit
$6,000.00
Maximum Credit Limit
$30,000.00

Repayments

Interest Charged From
Purchase date
Interest Free Period
Up to 55 days on purchases
Minimum Repayment Percentage
2%

Balance transfers

Balance transfer offer

Balance Transfer Rate
0%
Balance Transfer Period
12 months
Balance Transfer Fee Percentage
1%

Balance transfer conditions

Balance Transfer From Personal Loan
No
Balance Transfer Limit Percentage
80%
Balance Transfer Revert Rate
21.74%

Rates, fees, charges

Cash advances

Cash Advance Rate
21.74% p.a.
Cash Advance Fee
$3.50
Cash Advance Fee Percentage
3.5%
Cash Advance Fee Threshold
N/A

Purchases

Purchase Rate Introductory Offer
N/A
Purchase Rate Introductory Period
N/A
Purchase Rate Ongoing
20.74% p.a.

Account fees

Annual Fee Initial Year
$65.00
Annual Fee Ongoing
$129.00
Dishonour Fee
N/A
Duplicate Statement Fee
N/A
Foreign Exchange Fee Percentage
3.4%
Late Payment Fee
$30.00

Rewards

Rewards program basics

Rewards Program
N/A
Rewards Program Annual Fee Initial Year
N/A
Rewards Points Expiry
N/A

Rewards points per $1 spent

Domestic Rewards Points Earn Rate
2.00
Government Rewards Points Earn Rate
N/A
Overseas Rewards Points Earn Rate
2.00

Additional perks

Insurance

Cardholder's Domestic Hotel Burglary Insurance
No
Cardholder's Extended Warranty Insurance
Yes
Cardholder's International Travel Insurance
Yes
Cardholder's Interstate Flight Inconvenience
Yes
Cardholder's Personal Item Theft Cover
No
Cardholder's Price Protection Insurance
Yes
Cardholder's Purchase Protection Insurance
Yes
Cardholder's Refund Protection
No
Cardholder's Transport Accident Insurance
Yes

Travel and lifestyle

Airport Lounge Access Included
No
Concierge Service Included
Yes
Complimentary Flight Voucher Included
No
Complimentary QFF Membership Included
N/A

Our review

Convenience

Customer service

Rates and fees

Rewards

Trust

account

Reviewed by Credit Card Compare Staff

History

    User reviews

    Convenience

    Customer service

    Rates and fees

    Rewards

    Trust

    Totally happy with my platinum card!

    Reviewed by Andrea

    Problem-free rewards card

    Reviewed by Anon

    Easy rewards

    Reviewed by Kylie Butcher

    A shiny card

    Reviewed by Jenny

    Good for collecting points for flights

    Reviewed by Manjula

    Serves my purpose

    Reviewed by Manjula

    Pleased overall

    Reviewed by Shane

    As good as I could ask for

    Reviewed by Justin

    Love BOQ!

    Reviewed by Shar

    Love the shopping vouchers

    Reviewed by Kylie

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