BOQ Blue Visa Credit Card
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Earn Q Rewards points, get $120 cashback and cut costs with a low annual fee with the BOQ Blue Visa Card.
When you apply for the Bank of Queensland Blue Visa credit card by 27 February 2020, you’ll receive $120 cashback when you spend $500 on retail purchases for the first 3 months. You can also reward your spending with 1 reward point per $1 spent with your card, which you can then redeem for flights, gift cards and merchandise.
0% p.a.
Balance transfer rate
for 6 months
20.74% p.a.
Purchase rate
1
Reward point
Per $ spent (Visa/Mastercard)
$60 p.a.
Annual fee
Details
| Product Name | BOQ Blue Visa Credit Card |
|---|---|
| Rewards Program | Q Rewards |
| Balance transfer rate | 0% p.a. for 6 months |
| Balance Transfer Revert Rate | Cash Advance Rate (21.74% p.a.) |
| Balance Transfer Limit | 80% of available balance |
| Purchase rate (p.a.) | 20.74% p.a. |
| Annual fee | $60 p.a. |
| Interest Free Period | 44 days |
| Cash advance rate (p.a.) | 21.74% p.a. |
| Min credit limit | $2,000 |
| Max credit limit | $10,000 |
| Card Type | Visa |
| Foreign Currency Conversion Fee (Visa/Mastercard) | 3.4% of transaction value |
| Complimentary Travel Insurance | No |
| Minimum Income | $25,000 |
|---|---|
| Minimum Age | 18 years of age |
| Available to Temporary Residents | No |
| Joint Application | No |
Pros
- $120 cashback when you spend $500 per month on retail purchases for the first 3 months from card approval
- 1 Q Rewards point per $1 spent on eligible transactions
- Balance transfer rate of 0% p.a. for 6 months
Cons
- Offers 44 days interest-free on purchases, compared to other cards that offer up to 55
- Balance transfer reverts to the 21.74% p.a. cash advance rate after the promotional period
| Rewards Program | Q Rewards |
|---|---|
| Rewards Points per $ spent (Visa/Mastercard) | 1 |
| Rewards Points per $ Cap (Visa/Mastercard) | Uncapped |
| Annual fee | $60 p.a. |
|---|---|
| Minimum Monthly Repayment | 2% of the closing balance or $30, whichever is greater |
| Late Payment Fee | $30 |
| Foreign Currency Conversion Fee (Visa/Mastercard) | 3.4% of transaction value |
| Cash Advance Fee | 3.5% or $3.50, whichever is greater |
| Overseas Cash Advance Fee | 2% of transaction amount or $4 (whichever is greater, capped at $30) |
| Additional Cardholder Fee | $15 |
Expert review
Review by
Sally McMullen
sally.mcmullen@finder.com.auSally McMullen is Finder's credit cards and frequent flyer editor by day and a music maven by night. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone.
