BOQ Specialist Signature Credit Card – Velocity Points

Earn 20,000 bonus Velocity Points, enjoy Priority Pass airport lounge access and complimentary travel insurance with the BOQ Specialist credit card.

You can use the BOQ Specialist credit card to manage both your personal and business costs. Plus, you can reward your spending with Velocity Points. You’ll earn up to 1 point per $1 spent on eligible transactions and can boost your points with 20,000 bonus Velocity Points when you meet the spend requirement.

20.5% p.a.

Balance transfer rate


Bonus points

20.5% p.a.

Purchase rate


Reward point

Per $ spent

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Product NameBOQ Specialist Signature Credit Card with Velocity Points
Rewards programVelocity Frequent Flyer
Balance transfer rate20.5% p.a.
Balance transfer revert rateCash Advance Rate (20.5% p.a.)
Purchase rate20.5% p.a.
Annual fee$400
Interest-free periodUp to 55 days on purchases
Cash advance rate20.5% p.a.
Min credit limit$15,000
Card typeVisa
Foreign currency conversion fee3.2%
Available to temporary residentsNo
Joint applicationNo


  • 20,000 bonus Velocity Points when you use your credit card 10 times in the first 2 months
  • Complimentary travel insurance
  • Personal concierge and Visa Front Line Access
  • Priority Pass airport lounge access


  • Relatively high annual fee of $400
Rewards programVelocity Frequent Flyer
Bonus points20,000
Rewards points per $ spent1
Annual fee$400
Minimum monthly repayment2% of the closing balance or $20, whichever is greater
Late payment fee$0
Foreign currency conversion fee3.2%
Overseas ATM withdrawal fee$0
Additional cardholder fee$0
Number of additional cardholders9

Review by

Sally McMullen is a creative content producer at Finder. Sally has written about credit cards for almost 5 years, authoring almost 900 articles on Finder alone. She has also been published in Yahoo Finance, Dynamic Business, Financy and Mamamia, as well as Music Feeds and Rolling Stone. Sally has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.

Expert review

The BOQ Specialist credit card offers a number of frequent flyer and business benefits, but it’s only suited to a niche group of professionals. You must be a qualified account or a medical, dental or veterinary professional or student to apply for this card. If you don’t work in any of these industries, you should consider a different frequent flyer business credit card.

How to apply

You can apply for the BOQ Specialist credit card online. Before you get started, check if you meet the eligibility criteria and have the necessary details to complete the application.

Eligibility criteria

  • Profession. You must confirm that you're a medical, dental or veterinary professional or student, or a qualified account.
  • Age. This card is only available to people aged at least 18 years old.

Card benefits

  • Bonus points. If you use your credit card at least 10 times within the first 2 months, you'll earn 20,000 bonus Velocity Points.
  • Earn Velocity Points. When you spend in Australian dollars, you'll collect 1 Velocity Point per $1 spent up to 10,000 points each statement period and 0.5 points per $1 spent after that. You'll also earn 1.5 Velocity Points per $1 spent on international transactions. You can redeem your points for flights with Virgin Australia and its partners, accommodation, travel deals and more.

Rates & fees

  • Annual fee. These perks come at the cost of a $400 p.a. annual fee.
  • Interest rate. Your purchases and cash advances will attract a 20.5% p.a. interest rate.

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