BOQ cards give you a plethora of features such as reward points
, low-interest rates
, free days and excellent payment options.
Bank of Queensland (BOQ) assumed operation status in 1874. It is currently located in the highest echelon of banks in the whole of Australia. With equal presence being its absolute priority, the Bank of Queensland has almost three hundred branches in the entire country, with each of them offering a myriad of banking and businesses services and products to its customers. When it comes to personal banking, the offer consists of savings accounts, everyday accounts, home loans, personal loans, insurance packages and credit cards of all sorts.
In modern banking, versatility is the most valued business trait, so, therefore, BOQ offers three different kinds of credit cards
to satisfy the needs of all its customers. Ranging from low rate ones to the high-end platinum ones, you can either choose from decreasing your interest or gaining an extra amount of bonus points when doing business.
Types of cards offered by BOQ
Given the fact that the Bank of Queensland offers three distinct types of credit cards, they have focused on both on saving the customer’s money and rewarding loyalty and frequent business implementation. If you want to keep your balance intact month in and month out, the low rate card is the ideal fit for you. If you have your eyes set on bigger rewards, the platinum one should satisfy all your needs.
Low rate credit cards
There is nothing really different in the BOQ Low Rate Visa credit card, as it offers a standard, stable rate of interest on any purchase made. From the start, you will be introduced to a special 0% p.a. balance transfer rate that will persist for the next year. If you want to use any of the 55 interest-free days when purchasing, the only thing you have to do is pay the outstanding balance of your account on a monthly basis.
Reward credit cards
If you are an avid spender and intend to capitalize on that habit, then the BOW Blue Visa credit card is the way to go. The Q Rewards® Program is devoid of any membership fee and allows you to make 1 reward point for every dollar you spend on purchases, no matter where you are. As it is the case with the Low Rate Visa card, it offers a non-existent p.a. balance transfer rate, but only for six months. Interest free-days are also in smaller numbers, as they are 44 if you choose the Blue Visa.
Platinum credit cards
Although you are required to wave of a larger interest rate and are subject to a bigger annual fee, the platinum card offers features like no other card on the market does. Using the BOQ Platinum Visa card, you will double your reward points per dollars spent – 2 are offered per dollar during purchases. A helpful 24/7 operational concierge is accompanied by international travel insurance, warranty insurance in extended form and a classic 0% p.a. balance transfer rate. An ideal choice for the avid spender.
Advantages of a Bank of Queensland credit card
Choosing to get yourself a BOQ card carries a myriad of privileges and extra perks. These are just some of the most important ones offered:
Online and mobile banking
Every card owner gets the right to use a free mobile banking app, making the notion of walking to the bank on a hot summer’s day a thing of the past. Whether it is you who wants to finish payments and inform yourself about the status of your account or pay bills, the BOQ mobile app are always there performing any task required.
Every single BOQ credit card is a proud user of the Visa payWave technology. If the purchase is listed at a price below $100, you don’t have to type your PIN code. Instead, you can just bring your card closer to the machine to complete a payment without contact.
The special financial hardship division is specially made for extreme cases when something goes wrong. Whether there are suspicious activities, unusual data or just losing repayments track. You can always contact them and devise a new payment plan. You can book as many meeting as you think you need.
How to submit an application for a BOQ card
If you wish to become a client of Queensland National Bank, there are many ways to apply and you’re not limited by any means. Whether it be taking a stroll to the nearest branch or choosing between a telephone and an online application, the options are limitless. However, before you apply, you ought to check if you are able to satisfy the criteria for eligibility:
- You are older than 18
- Australia is listed as your permanent residence
- Your earnings should exceed $35,000 p.a. if you wish to acquire the Platinum Visa or $25,000 p.a. for either the Low Rate Visa card or the Blue Visa
Documents that require submission
- Your name and surname date of birth, family status, number of dependent persons and the number of your driver’s license. The address of your residence, phone number, and email
- Your work status and occupation title, along with the contact details and name of your current employer
- Thorough analysis of your income and monthly expenses
FAQs about Bank of Queensland credit cards
Explain the process that takes place after the submission of my application?
After your application gets officially approved by the BOQ, you will be sent a confirmation email. It is sent along with the ability to check the account and application status anytime on the BOQ website.
Am I allowed to acquire an additional credit card and if yes, how much will it set me back?
Of course, linking a card to existing ones is always an option. If you own the Low Rate or Blue card, the fee for performing the task is $15. If you have a Platinum card, the fee is nonexistent for the first four cards.
How can I increase the limit of my card?
An official application to the BOQ is required, along with the waiting period during which the BOQ committee has to approve or decline your application, depending on whether you meet the criteria or not.
How can the repayments towards my card be made?
If you wish to perform automatic payments, the Easi-Pay system will solve your problem. Other methods include a physical payment at any BOQ franchise or the use of BPAY. If it happens that you are unable to perform any of these tasks, mailing a cheque would be sufficient.
What if my card gets lost, am I entitled to a free replacement or not?
An immediate call is to be made to 1300 55 72 72. After you give all the necessary information and details to the representative of the Queensland National Bank, you will have to pay a $15 replacement fee. All this is done in order to issue a new card within the borders of Australia. If you are outside the country, the expenses are going to be a little steeper at $75.