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It’s tax time. We’ll provide your FY26 interest summary directly to the ATO soon. If you’re looking for information about your interest earned this financial year, here’s everything you need to know.

[Learn more](/personal/help-and-support/bank-accounts/using-boq-at-tax-time "Learn more")

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2. [Personal](/personal/)
3. [Credit Cards](/personal/credit-cards/)
4. Platinum Rewards Credit Card

# Platinum Visa Credit Card

Enjoy the benefits of our most rewarding credit card with Complimentary Insurances and our highest Q Rewards® Points earn rate.

**[Apply Now](https://application.boq.com.au/boq-forms/boq-card/boq-card-apply?channel=&productId=p&offerId=pbp "Apply Now")**

* **Existing cardholders:** The BOQ Credit Card system change is now complete. Find out what this means for you [here](/microsites/credit-card-changes "here").

Offer

## 100,000 Bonus Points Offer

* Earn 100,000 Q Rewards® Bonus Points when you spend $4,500 on eligible purchases within 90 days from approval.
* Annual fee of $75 for the first year, and $149 after that.
* 0% p.a. on Balance Transfers for 12 months with a 3% Balance Transfer Fee. Reverts to Cash Advance rate thereafter.

**[Apply Now](https://application.boq.com.au/boq-forms/boq-card/boq-card-apply?channel=&productId=p&offerId=pbp "Apply Now")**

*   
### Up to 44 days interest free  
Interest free period on retail purchases
*   
### $1 = 2 Points  
Earn 2 Q Rewards® Points per $1 spent on eligible purchases, uncapped  
From 1 October 2026, the points earn rate is changing to 3 Points per $1 at major supermarkets, 2 Points per $1 at participating restaurants and 1 Point per $1 on other eligible purchases.
*   
### Complimentary Insurances  

## Credit card rates and fees

A full list of fees and charges are provided in our [Credit Card Rates and Fees page](/personal/help-and-support/rates-and-fees/credit-cards "Credit Card Rates and Fees page")

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| Annual fee           | $75 for the first year, and $149 after that                                           |
| -------------------- | ------------------------------------------------------------------------------------- |
| Interest Free Days   | Up to 44 Interest-free days on purchases                                              |
| Retail purchase rate | 20.99% p.a. From 1 October 2026 the retail purchase rate will increase to 21.99% p.a. |
| Cash advance rate    | 21.99% p.a.                                                                           |
| Minimum Credit Limit | $6,000                                                                                |

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Interest Free Period applies to Retail Purchases if you pay the Closing Balance or Interest Free Days Payment (if you have a Balance Transfer and/or Instalment Plan) in full shown on your statement by the Payment Due Date.

We can’t process balance transfers from certain issuers – see our indicative list.

## Choose how you use your Q Rewards®

With the Platinum Visa Credit Card earn 2 Q Rewards® Points on every dollar spent on eligible purchases. Choose how you'd like to redeem yours.

From 1 October 2026, the points earn rate is changing to 3 Points per $1 at major supermarkets, 2 Points per $1 at participating restaurants and 1 Point per $1 on other eligible purchases.

*   
#### Turn your Q Rewards® Points into Cashback  
Your Q Rewards® Points can be redeemed for Cashback, which you can put towards other purchases on your credit card account.  
40,000 Q Rewards® Points will get you $100 cashback.
*   
#### Pay with Points  
Redeem your Q Rewards® Points to receive a credit back on almost any purchase.
*   
#### Treat yourself with Giftcards  
Redeem your Q Rewards® Points for Giftcards from a great range of retailers such as Bunnings, Woolworths, Coles, JB Hi-Fi and Myer. 35,800 points will get you a $100 Giftcard.
*   
#### Switch your Q Rewards® to Flybuys or Velocity Points  
Get even more choices by converting your Q Rewards® Points to Flybuys or Velocity Points. Transfer 2 Q Rewards® Points for 1 Flybuys Point, or 3 Q Rewards® Points for 1 Velocity Point.

## Credit card features

We don’t just stop at credit card reward points. The Platinum Visa Credit Card comes with so much more.

*   
#### Complimentary Purchase Protection and Extended Warranty Insurance  
Including access to complimentary Purchase Protection Insurance and Extended Warranty Insurance (eligibility criteria, terms, conditions, limits and exclusions apply).
*   
#### Instalment Plans  
Make your repayments in monthly instalments at a fixed rate over a set term.  
[Learn more about Instalment Plans](/personal/help-and-support/credit-cards/instalments "Learn more about Instalment Plans")
*   
#### 44 days interest free  
Get up to 44 interest free days on new purchases.

## Ready to apply for your Platinum Visa Credit Card?

**To be eligible to apply, you must:**

* Be 18 years or older
* Be a Permanent Australian resident and an Australian resident for tax purposes
* Have a valid Australian mobile number and email address
* Receive a regular income (you may be asked to provide payslips or bank statements.)
* Have a good credit rating

**What you’ll need for your application**

* Your income, debt and expense details
* Your Driver Licence number (if you have one)
* Your current employment status
* Your balance transfer account details (if applicable). Your total balance transfers may not exceed 80% of your credit limit
* Applying online will take around 20 minutes

[Apply Now](https://application.boq.com.au/boq-forms/boq-card/boq-card-apply?channel=&productId=p&offerId=pbp "Apply Now")

## Frequently asked questions

Didn’t find what you were looking for? Go to our help and support page to find out more

[Read more FAQs](/personal/help-and-support/faqs/credit-card-faq "Read more FAQs")

#### What is a rewards credit card?

It’s a credit card that offers Points when you make eligible purchases with your card. You can use these Points to redeem for a range of Rewards.

#### What can I use my Q Rewards® Points for?

There are a variety of ways your can use your Q Rewards® Points, the choice is yours for what Rewards you’d like to redeem them for:

* Cashback for a credit to your account
* Pay with Points for a credit to your account on selected transactions
* Giftcards from a great range of retailers
* Convert your Q Rewards® Points to Velocity Points and use them for travel or Flybuys Points and get even more choice on how to spend them.

#### How does credit card interest work?

The interest incurred on your credit card is charged when you don’t pay off your full balance by the set due date. How much interest you’ll pay will depend on the type of card you have, how much you have spent and when you make your repayments.

#### How do I apply for a credit card?

The first step is to compare our credit cards. Decide which product suits your needs, then once you have decided which card you would like to apply for, click ‘Apply now’. It should take less than 10 minutes to complete if you have all your info on hand, and once approved we'll have your card out to you within 10 working days. We'll need to know your age (minimum age is 18 years), Australian residency status, your driver’s license if you have one and your current financial details, including employment and monthly expense and income details.

#### How is my credit limit determined?

Your credit limit is determined when we apply our credit assessment criteria to your individual financial situation.

#### How does the interest-free period work?

You'll enjoy interest-free days on all purchases, providing you repay the full balance on your card each month, excluding any fixed payment option balance which isn’t due for payment by that payment due date.

Interest-free periods also don't apply to cash withdrawals, and you will incur interest from the date the transaction is made (regardless of whether the account is repaid in full each month). You'll be charged interest on retail purchases if the statement's full closing balance is not repaid by the due date.

## Useful Forms and Documents

Didn’t find what you were looking for? Go to our help and support pages to find out more.

[Find help](/personal/help-and-support/ "Find help")

_[Forms and Important Information](/personal/help-and-support/forms-and-important-information/terms-and-conditions/#credit-card-terms-and-conditions "Forms and Important Information")_

## Compare credit cards

If this card isn’t quite what you’re looking for, check out our other rewarding credit cards.

[Compare Credit Cards](/personal/credit-cards/compare-credit-cards "Compare Credit Cards")

### We're here to help.

*   
#### Call us  
#### [1300 55 72 72](tel:1300557272 "1300 55 72 72")
*   
#### Contact us  
#### [Get in touch](/contact-us/ "Get in touch")
*   
#### Visit  
#### [Find a branch or ATM](https://find.boq.com.au/ "Find a branch or ATM")

### Important information

Fees, charges and earn rates (if applicable) are subject to change from 1 October 2026\. If we make changes, these will be communicated in accordance with our terms & conditions.

Fees and charges are payable. NAB's standard credit assessment criteria apply. Terms and Conditions apply and are available [here](/personal/help-and-support/forms-and-important-information/terms-and-conditions/ "here"). Offers only available to approved new BOQ Credit Card customers. Introductory offer cannot be used in conjunction with any other credit card offer, including when you take out a Credit Card as part of a home loan package. We reserve the right to continue, withdraw or change the offer at any time without notice. A credit check is performed each time you apply for a credit card. Credit reporting bodies make a record of these enquiries and this information may be used and disclosed for the purposes of assessing your credit worthiness, including your credit score and credit rating. For example, making multiple credit applications over a short period of time could have a negative effect on your credit score, as this may reduce your chances of approval.

* 1  
AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245 631 (trading as Allianz Global Assistance) under a binder from the insurer, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 has issued a Complimentary insurance group policy to National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (“NAB”) which allows eligible NAB account holders and cardholders to claim under it as third party beneficiaries by operation of s48 of the Insurance Contracts Act 1984 (Cth). NAB is the credit provider and issuer of BOQ credit cards. Any advice on insurance is general advice only and not based on any consideration of your objectives, financial situation or means. The eligibility criteria, terms, conditions, exclusions, limits and applicable sub-limits of the group policy are set out in the [BOQ Credit Cards Complimentary Insurance Policy Information Booklet](/personal/help-and-support/forms-and-important-information/terms-and-conditions/ "BOQ Credit Cards Complimentary Insurance Policy Information Booklet"). Neither NAB nor any of its related corporations guarantee this insurance.
* 2  
An interest free period applies to Retail Purchases if you pay the Closing Balance (or the Interest Free Days Payment, if you have a Balance Transfer and/or an Instalment Plan) shown on your statement in full by the Payment Due Date shown on your statement. No interest free period is available on Cash Advances or Balance Transfers.
* 4  
Q Rewards® Points are earned on Eligible Transactions. An eligible purchase is defined as an Eligible Transaction. An Eligible Transaction is defined in the Q Rewards® Terms and Conditions. Q Rewards® Reward Points and Reward redemptions are subject to the Q Rewards® Terms and Conditions. See the [Q Rewards® Terms and Conditions](/personal/help-and-support/forms-and-important-information/terms-and-conditions/ "Q Rewards® Terms and Conditions") for full definitions and details.
* 6  
Offer commenced 6 July 2026\. 100,000 Q Rewards® Bonus Points will be awarded when $4,500 or more is spent on Eligible Transactions within the first 90 days from approval. Purchases must be processed and charged to your account in the first 90 days from approval. Eligible Transaction is defined in the Q Rewards® Terms and Conditions and means any purchase excluding (but not limited to) cash advances, balance transfers, special promotions, BPAY payments, government related transactions and all other transactions set out within the definition. All Q Rewards® are subject to the BOQ [Q Rewards® Terms and Conditions](/content/dam/boq/files/personal/credit-cards/qrewards-terms-conditions.pdf "Q Rewards® Terms and Conditions"). The Q Rewards® Bonus Points will be credited to the Primary Cardholder’s Account within 60 days of meeting the spend criteria. We reserve the right to continue, withdraw or change the offer at any time. This offer is not available when closing or transferring from another BOQ branded credit card account or in conjunction with any other BOQ branded credit card offer.
* 7  

* 8  
Subject to your acceptance you will be billed an annual fee of $75 for the first year in accordance with our T&Cs. This will revert to $149 for subsequent years. Annual fees are subject to change. We reserve the right to continue, withdraw or change the offer at any time without notice.
* 20  
Pay with Points is available on eligible transactions and is only available for BOQ Platinum and Blue Visa cardholders. An eligible purchase is a transaction we will present to you in your myBOQ app that can be paid by redeeming your Q Rewards® Points. The types of transactions that may be paid by redeeming your Q Rewards® Points may change and we will present these to you in the myBOQ app.
* 21  
Balance Transfer indicative list  
Balance Transfer involves transferring the balance(s) of your other credit cards or loans to a BOQ Credit Card. The balances transferred will receive a promotional interest rate for a set period of time and can be a great way to save on interest charges.  
Once your balance(s) have been transferred, you might consider closing the other credit facilities you transferred balances from, as this would not happen automatically  
When considering a Balance Transfer promotion, it’s easy to focus on the low, or zero, interest rate being offered however don’t forget to consider the other features of the card and any applicable terms and conditions of the promotion.  
Most credit cards or loans from other financial institutions are eligible to have balances transferred to a BOQ Credit Card, provided that the card details match the BPAY reference number details of the financial institution. Where those details do not match, we are unable to process a balance transfer.  
We are aware of some financial institutions where card number and BPAY reference number do not match and which as a result are not eligible for a Balance Transfer, including:  
   * Bendigo Bank  
   * ING  
   * Latitude Finance  
   * Great Southern Bank  
   * Heritage Bank  
   * HUMM  
   * Adelaide Bank  
   * credit unions  
   * AMEX cards  
Please note, that this is an indicative list only and may change from time-to-time.  
Balance transfers are not available for Buy Now Pay Later, line of credit, or personal loan products.
* 22  
Whether or not a purchase is eligible to earn Points will be determined based on card scheme information ultimately provided either by the merchant (including individual outlets) or its financial institution (including information about the type of business conducted by the merchant). If, for example, a restaurant is not classified as a restaurant by the card scheme, it will not be treated as a “major restaurant” for calculating Points. Points earned on Eligible transactions are rounded down to the nearest whole point.

[For Target Market Determinations please refer here.](/personal/help-and-support/forms-and-important-information/tmd "For Target Market Determinations please refer here.")