Important disclosure

Bank of Queensland

BOQ Platinum Visa

  • Samsung Pay
  • Balance transfer

Bonus Points

Earn 100,000 bonus Q Rewards® points when you spend $4,500 on Eligible Transactions in the first 3 months from card approval

0% p.a. balance transfer for 12 months | 1% balance transfer fee Half annual fee for first year (Reverting to full fee $129)

Purchase Rate

20.74%

p.a

Balance Transfer Rate

0%

p.a

Tags
  • Samsung Pay
  • Balance transfer
Purchase Rate

20.74%

p.a

Balance Transfer Rate

0%

p.a

Annual Fee

$65

for 12 months then $129 thereafter

Pros and cons

For Platinum Visa

Benefits

  • Rewards Available through BOQ Q Rewards
  • Extra 100,000 points subject to eligibility conditions
  • $65 annual fee in the first 12 months and $129 p.a thereafter.
  • Annual fee of $129 is refunded when you spend $12,000 on purchases every 12 months
  • Domestic travel insurance
  • International travel insurance
  • Free supplementary cards
  • Price guarantee
  • Extended warranty
  • Concierge
  • Purchase protection insurance

Drawbacks

  • Higher than average ongoing variable purchase rate
  • Higher than average ongoing annual fee

BOQ Rate Credit card overview

For Platinum Visa

Details

Card Level

Platinum

Card Type

Visa

Interest Free Days

55

Minimum monthly repayment

2% or $30

Minimum credit limit

$6k

Maximum credit limit

$30k

Free supplementary cards

Instant Approval

Target Market Determination

Visit Bank of Queensland to view Target Market Determination.

Fees

Annual Fee

$65

for 12 months then $129 thereafter

Annual Fee Spend Waiver

$12k

Supplementary card annual fee

$0

Late Payment Fee

$30

Over limit fee

$40

Duplicate statement fee

$7

Electronic Wallet Service

Important Rates

Rates

Purchase Rate

20.74%

p.a

Cash advance rate

21.74%

Cash advance fee

3.5% or $3.5

Balance Transfer

Balance Transfer Rate

0%

p.a

Transfer Limit

80%

of the approved credit limit

Balance Transfer Fee

1%

Overseas spending

Foreign Exchange Fee

3.4% on Visa

Overseas charges

$4

Estimated ATM Cost

$14.2

for AU $300 withdrawal

Rewards

Program name

BOQ Q Rewards

Rewards Available

Gift Card, Cash Back

Eligibility

Minimum age

18

Minimum income

$35k

Eligibility conditions

-

Residency

Australia Citizen, Permanent Resident

Perks

  • DOMESTIC TRAVEL INSURANCE
  • INTERNATIONAL TRAVEL INSURANCE
  • FREE SUPPLEMENTARY CARDS
  • PRICE GUARANTEE If you purchase personal goods in Australia and then find the same product advertised later in a printed catalogue at a cheaper price within 60 days of purchase, from a store within 25km of the store where the item was purchased, you can claim back the difference if it is more than $75 and less than $500.
  • EXTENDED WARRANTY Warranty is extended for the same duration as the original warranty up to 1 year.
  • CONCIERGE
  • PURCHASE PROTECTION INSURANCE
Specials
  • Bonus PointsBalance Transfer Earn 100,000 bonus Q Rewards® points when you spend $4,500 on Eligible Transactions in the first 3 months from card approval
    0% p.a. balance transfer for 12 months | 1% balance transfer fee Half annual fee for first year (Reverting to full fee $129)

Promoted credit cards

Promoted

Longer Balance Transfer
Virgin Money (Australia) Pty Limited

Virgin Australia Velocity Flyer Card (Points Offer)

  • Apple & Samsung Pay
  • Balance transfer
Purchase Rate

20.74%

p.a

Annual Fee

$64

for 12 months then $129 thereafter

Promoted

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Qudos Mutual Limited T/A Qudos Bank

Visa Platinum Credit Card

  • Balance transfer
Purchase Rate

4.99%

p.a

for up to 5 months, then 19.49%

Annual Fee

$199

Promoted

Lower Purchase Rate
ANZ Banking Group Limited

Rewards Platinum

  • Apple, Google & Samsung Pay
  • Balance transfer

Bonus Points

Earn 100,000 extra ANZ Reward Points and $50 back to your new ANZ Rewards Platinum credit card when you spend $2,000 on eligible purchases in the first 3 months from approval.*
Purchase Rate

20.99%

p.a

Annual Fee

$149

Promoted

Lower Annual Fee
Latitude Financial Services Aus Holding Pty Ltd

Latitude 28º Global Platinum Mastercard

  • Apple, Google & Samsung Pay
  • No annual fee

special

Save with 0% international transaction fees on purchases. Plus, complimentary Flight Delay Pass and global data roaming.
Purchase Rate

27.49%

p.a

Annual Fee

$0