BOQ Specialist Credit Cards

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Who else wants a credit card that lets you choose between earning Qantas and Velocity points? BOQ Specialist credit cards offer this and much more.

With over two decades of experience in providing specialist banking services, BOQ Specialist essentially caters to niche market segments. The key activities its operations comprise are accounting finance, medical and dental finance, adviser finance and private client services. Some of the financial services and products it offers include savings and transaction accounts, home loans, car loans, practice purchase and fit-out loans, SMSF loans, and not to forget, credit cards. BOQ Specialist has branches in Sydney, Melbourne, Brisbane, Perth, and Adelaide.

Compare credit cards from BOQ Specialist

Rates last updated June 29th, 2017
Name Product Product Description Bonus Points Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) Purchase rate (p.a.) Annual fee
BOQ Specialist Bank Limited Platinum Credit Card with Qantas
Enjoy complimentary access to the Qantas Frequent Flyer program and earn Qantas Points on every dollar spent in Australia and overseas.
0.5
20.50% p.a.
$150 p.a.
BOQ Specialist Bank Limited Platinum Credit Card with Velocity Points
Earn Velocity points per dollar spent in Australia and overseas. Plus, receive complimentary travel insurance and a 24/7 concierge.
0.5
20.50% p.a.
$150 p.a.
BOQ Specialist Bank Limited Signature Credit Card with Qantas
Receive complimentary membership to the Qantas Frequent Flyer program and Priority Pass airport lounge access.
20,000 bonus points
1
20.50% p.a.
$400 p.a.
BOQ Specialist Bank Limited Signature Credit Card with Velocity Points
Collect Velocity points on purchases, get access to Priority Pass airport lounges and the Visa Luxury Hotel Collection.
20,000 bonus points
1
20.50% p.a.
$400 p.a.

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Types of credit cards that BOQ Specialist offers

As a BOQ Specialist customer, you can apply for two different Visa credit cards, and both give you the option to choose between Qantas and Velocity frequent flyer programs.

  • Platinum credit cards

Platinum cards, in addition to offering rewards, provide cardholders with a bunch of other features, and the BOQ Specialist Platinum Visa Card is no different. For starters, you can choose between the Qantas and Velocity frequent flyer programs. What you also get is a complimentary insurance package, concierge and first line access, and up to 55 interest-free days on purchases.
Learn more about Platinum Credit Cards

  • Premium credit cards

Premium card tend to offer features that are similar to platinum cards, and then some. The BOQ Specialist Signature Visa Card also allows you to choose between Qantas and Velocity frequent flyer programs, it offers complimentary insurance covers, it comes with concierge and first line access, and it offers as many as 55 interest-free days on purchases. In addition, you get bonus Qantas or Velocity points when you join, you get Priority Pass airport lounge access, and you can access the Visa Luxury Hotel Collection.

Benefits of getting a BOQ Specialist credit card

Both credit cards that this financial institution offers give cardholders much to look forward to in terms of benefits, and here’s what you can expect:

  • Choice of rewards program

Not many rewards credit cards give you the ability to choose between different rewards programs, but both BOQ Specialist cards do. As a platinum or premium cardholder you get to choose between Qantas and Velocity frequent flyer programs, and if you opt for the Qantas Frequent Flyer program you get complimentary access as a BOQ Specialist cardholder.

  • Complimentary insurance covers

Both the platinum and premium BOQ Specialist cards offer cardholders an array of complimentary insurance covers, which include purchase security insurance, extended warranty insurance, price guarantee, golfers’ insurance, overseas travel insurance, transport accident insurance, global car hire excess waiver, and domestic flight inconvenience insurance.

  • Travel benefits

You can get the Visa Airport SpeedPass at a discounted price, and this comes with fast-track immigration at more than 280 international airports. As a signature card holder, you get a Priority Pass that offers unlimited entry for you and a guest to more than 600 VIP airport lounges spread across 90 countries and 300 cities. The Visa Luxury Hotel Collection provides signature cardholders access to room upgrades, late check-outs, and guaranteed rates.

  • Concierge and entertainment

You can access the Visa concierge service for tickets to local event and travel recommendations. Visa Front Line Access gives you the means to book tickets to some of the live events, concerts, and shows and Visa Entertainment provides access to the latest entertainment offers, which include pre-sale tickets.

How to apply for a BOQ Specialist credit card

You can visit any BOQ Specialist branch to apply for these credit cards, and you can also download an application and mail or fax it once it’s complete.

Eligibility criteria

Before you begin, make sure you meet the following application criteria:

  • You’re a permanent resident of Australia
  • You’re at least 18 years old
  • You earn in excess of $60,000 p.a. to apply for the platinum card
  • You earn in excess of $120,000 p.a. to apply for the signature card

Required information

The application requires you to part with a variety of personal, employment related, and financial information:

  • Personal details. These include your complete name, date of birth, marital status, number of dependents, membership details of a medical or dental association, residential address, phone numbers, name and contact details of a relative or friend, mother’s maiden name, driver’s license number, Medicare card number and passport number.
  • Employment details. Provide your employment status, your profession, and your employer’s name and contact details. If self-employed, provide the name and contact details of your accountant.
  • Financial details. This section requires your gross annual income and expenses, and you also have to provide details about all your assets and liabilities. Assets include property, motor vehicles, investments, and savings, and liabilities comprise all existing forms of debts like credit cards, loans, and overdrafts.

What happens after applying?

Once you submit your application BOQ Specialist might get in touch with you for extra information, they may also make an income verification call to your employer, and by informing the payroll department of this call ahead of time you can help move the process a little quicker. If you’re not an existing BOQ Specialist customer, you’ll have to complete a legally required identity verification process.

Frequently asked questions

Here are answers to some commonly asked questions about BOQ Specialist credit cards, and you can ask us a question by using the form at the end of this page.

You can set up direct debits using just about any Australian savings or transaction account, and you can make repayments via online and phone banking. You have the option of mailing cheques, and you can also make payments by visiting a BOQ Specialist branch.

The minimum credit limit of the platinum card is $6,000, and it is $15,000 for the signature card. The limit that BOQ Specialist assigns to your card depends on your existing financial situation.

Yes, but the balance transfer amount cannot exceed the available limit on your card.

Yes, you can get an additional card for any individual aged over 16 years, and you remain liable for all transactions made using all additional cards linked to your primary account.

You receive your credit card statement once each month, and you can also view all transaction related details online. Both these cards also work with accounting systems like MYOB and XERO.

You earn reward points when you use your card to make eligible purchases, which can be in-store, online, and over the phone.

  • Qantas points. The platinum card earns 0.5 point for every $1 spent on eligible purchases in Australia, 1 point for every $1 spent on eligible purchases overseas, and 1 additional point per $1 spent on select Qantas products and services in Australia. The Signature card earns 1.000 point for every $1 spent on eligible purchases in Australia, 1.5 points for every $1 spent on eligible purchases overseas, and 0.63 additional point per $1 spent on select Qantas products and services in Australia.
  • Velocity points. Platinum cardholders earn 0.5 point for every $1 spent on eligible purchases in Australia, and 1 point for every $1 spent on eligible purchases overseas. The Signature card earns 1 point for every $1 spent on eligible purchases in Australia, and 1.5 points for every $1 spent on eligible purchases overseas.

No, there is no cap on the number of points you can earn.

Depending on the reward program you opt for, you can redeem your reward points via the Qantas Frequent Flyer or Velocity Frequent Flyer websites.

While you can use your reward points to book flight tickets through the frequent flyer program of your choice, you can also redeem them for hotel stays, car hire, and an assortment of merchandise.

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