Bank of Queensland
BOQ Credit Cards offer rewards, complimentary insurance, low rate options and up to $1,000/day cash advance. Competitive rates for savvy Australians seeking flexibility.
BOQ Credit Cards stand out in Australia for combining flexible features with competitive rates. Existing users benefit from revamped digital management via myBOQ app and enhanced Internet Banking, while new applications are currently paused. Cardholders can enjoy a range of options, from earning Q Rewards® Points on eligible spend to complimentary insurance offers on select cards.
The BOQ Platinum Visa, Blue Visa, and Low Rate Visa cards each focus on customer value. The Platinum Visa card offers 2 Q Rewards® Points per dollar, additional travel perks, and insurance. The Blue Visa gives 1 point per dollar, suitable for everyday spenders who also want rewards. The Low Rate Visa suits those focused on minimising interest costs.
Interest rates vary by product category and are subject to approval. The Low Rate Visa specifically targets cost-conscious users. Credit limits are set during application based on your financial situation. BOQ enables daily cash withdrawals up to $1,000, though standard cash advance fees apply. It’s important to compare annual fees, interest rates and included benefits to find the card matching your needs.
How to Apply for a BOQ Credit Card
- Eligibility: Applicants must be 18+, an Australian resident, have regular income, and a good credit score
- Compare: Review the Platinum, Blue, and Low Rate Visa card features
- Apply: Complete your application online or at a BOQ branch (when available)
- Submit: Provide financial details including income and expenses
- Approval: Receive outcome typically within 2 business days of electronic submission
Advantages of BOQ Credit Cards
BOQ cards reward your everyday spending with points that can be redeemed for eVouchers, cashback or even transferred to partner programs. Some cards offer complimentary insurance, which can be a valuable inclusion for frequent travellers.
The choice of three clear card options makes decision-making easy. Cardholders benefit from strong digital banking management and reliable support.
Disadvantages of BOQ Credit Cards
Currently, new applications are unavailable, meaning prospective customers must wait until BOQ resumes acceptance of new applications.
Cash advances incur standard fees, and eligibility or insurance terms may limit access for some users.
Final Verdict
BOQ Credit Cards continue to deliver practical, rewards-based solutions for Australian customers. If you’re eligible, these cards are a strong contender for their blend of digital service, rewards, and insurance benefits. It’s wise to compare all card offers against your needs and wait for new applications to reopen if you’re not already a cardholder.
