Platinum Visa Credit Card

Do I meet the criteria to apply for a credit card?

To apply for the Platinum Visa Credit Card, you must:

• Be at least 18 years of age

• Have a good credit rating

• Earn a taxable income of at least $30,000 per year

• Be a permanent Australian resident or citizen.

The account must be in a personal name (no Company or Trading Accounts).

What documents do I require to apply for a credit card?

If you aren’t already a BOQ customer, you’ll require the following documents:

• Identification documents that show your address details

• Your income and expense details

• Your employment details

Read more about documentation

What is a rewards credit card?

A rewards credit card offers rewards or benefits when you make eligible purchases with your card. These can include cashback, points that can be redeemed for vouchers, and other rewards.

How can I redeem my credit card reward points?

With the BOQ Q Rewards, there are heaps of ways you can use your points. You can:

• Redeem them for cashback to your account

• Use your points to pay off eligible purchases

• Redeem your points for vouchers from retailers like Coles, BP, Bunnings and more

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.

While you have a balance transfer, you won’t be eligible for any interest-free days. Interest-free periods also don't apply to cash withdrawalswithdrawals, 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.

How do I add an additional cardholder to my credit card?

To add an additional cardholder on an existing BOQ Credit Card:

• Select your credit card account in BOQ Internet Banking. Select ‘Q Rewards / Other Card Functions’ and then select the ‘Add an Additional Cardholder’ function; or

• Visit your nearest BOQ Branch

Important information

Fees and charges are payable. NAB's standard credit assessment criteria apply. Terms and Conditions apply and are available upon request. 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. NAB has acquired the business relating to these products from Citigroup Pty Limited (ABN 88 004 325 080, AFSL and Australian credit licence 238098) (“Citi”). Citi has agreed with NAB to provide transitional services in relation to the transferred business. Any advice on insurance is general advice only and not based on any consideration of your objectives, financial situation or means. The 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 available effective 1 July 2025 which may be amended from time to time. For insurable events that occurred prior to 1 July 2025, please refer to BOQ Credit Cards Complimentary Insurance Policy Information Booklet effective 1 November 2023. Neither NAB nor Citi nor any of its related corporations guarantee this insurance.

2. The interest free period applies when you pay your full closing balance from your last statement of account by the payment due date (excluding any fixed payment option balance which isn’t due for payment by that payment due date). No interest free period is available on cash advances or balance transfers. Whilst you have a balance transfer you will be charged interest on your daily unpaid balance.

3. BOQ Instalment Plans are defined in the Credit Card Terms and Conditions as a Fixed Payment Option. Fixed Payment Option offers are subject to eligibility and only available if your account is and remains in good standing. Your Fixed Payment Option uses part of your existing credit limit. As you pay off your Fixed Payment Option, the amount you pay off will become available for you to use again as part of your credit limit at the standard Annual Percentage Rate applicable to your account. For the full Terms and Conditions of your Fixed Payment Options, please refer to the Credit Card Terms and Conditions and Other Important Information.

4. Q Rewards® points are earned on Eligible Transactions. Eligible purchase is defined as Eligible Transaction. 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® points are subject to the BOQ Q Rewards® Terms and Conditions. Q Rewards® Points never expire while the card remains open and is not in arrears.

5. Points Transfer is only available on the BOQ Platinum Credit Card.

6.  Offer commenced 1 December 2023. 100,000 bonus Q Rewards® points will be awarded when $4,500 or more is spent on Eligible Transactions within the first 3 months from card approval. Purchases must be processed and charged to your account in the first 3 months from the account 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. The Q Rewards® 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. Offer ends 14 September 2025. Any credit card applications for this offer must be submitted on or before this date. Post this advertised date; we reserve the right to continue, withdraw or change the offer at any time without notice. To receive this offer: (a) your credit card application must be approved by 30 September 2025. We reserve the right to cancel any applications if we are unable to assess it within a reasonable time frame required to approve your application prior to this date (b) any Balance Transfer request must be processed (balance transferred) by 30 September 2025. We reserve the right not to process any Balance Transfer requests if they are not received within a reasonable time frame required to process the Balance Transfer prior to this date. Your total balance transfers may not exceed 80% of your credit limit. The 0% p.a. interest rate applies to balances transferred with this offer, and the balance transfer fee, for a period of 12 months. The 12 month promotional period commences when the balance transfer is processed and you must make the Balance Transfer request within the first 3 months from approval to receive this offer. The balance transfer fee is 1% of the balance transferred and will be debited to your account on the day or the day after your balance transfer is processed. At the end of the balance transfer period, the interest rate on any outstanding transferred balance, and balance transfer fee, will revert to the variable Annual Percentage Rate for Cash Advances (currently 21.99% p.a. Subject to change). Please note you will be charged interest on retail purchases while you have a balance transfer. Offer may be withdrawn or changed at any time. For important information to consider before taking up a balance transfer, please click here.

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.

9. To be eligible for a $0 annual fee on a BOQ Platinum Visa credit card you need to have an eligible BOQ home loan and be a new credit card customer. The $0 annual fee will apply for the duration that you are a BOQ home loan customer. All applications must meet approval guidelines on all products to qualify. This includes BOQ and NAB's standard credit assessment criteria (as the case may be). Benefits cannot be taken in conjunction with or in addition to any other packages, negotiated interest rates or special offers.

13. Offer ends 14 September 2025. Any credit card applications for this offer must be submitted on or before this date. Post this advertised date; we reserve the right to continue, withdraw or change the offer at any time without notice. To receive this offer: (a) your credit card application must be approved by 30 September 2025. We reserve the right to cancel any applications if we are unable to assess it within a reasonable time frame required to approve your application prior to this date (b) any Balance Transfer request must be processed (balance transferred) by 30 September 2025. We reserve the right not to process any Balance Transfer requests if they are not received within a reasonable time frame required to process the Balance Transfer prior to this date. Your total balance transfers may not exceed 80% of your credit limit. The 0% p.a. interest rate applies to balances transferred with this offer, and the balance transfer fee, for a period of 6 months. The 6 month promotional period commences when the balance transfer is processed and you must make the Balance Transfer request within the first 3 months from approval to receive this offer. The balance transfer fee is 1% of the balance transferred and will be debited to your account on the day or the day after your balance transfer is processed. At the end of the balance transfer period, the interest rate on any outstanding transferred balance, and balance transfer fee, will revert to the variable Annual Percentage Rate for Cash Advances, currently 21.99% p.a. Please note you will be charged interest on retail purchases while you have a balance transfer. Offer may be withdrawn or changed at any time. For important information to consider before taking up a balance transfer, please click here.

15. Offer ends 14 September 2025. Any credit card applications for this offer must be submitted on or before this date. Post this advertised date; we reserve the right to continue, withdraw or change the offer at any time without notice. To receive this offer: (a) your credit card application must be approved by 30 September 2025. We reserve the right to cancel any applications if we are unable to assess it within a reasonable time frame required to approve your application prior to this date (b) any Balance Transfer request must be processed (balance transferred) by 30 September 2025. We reserve the right not to process any Balance Transfer requests if they are not received within a reasonable time frame required to process the Balance Transfer prior to this date. Your total balance transfers may not exceed 80% of your credit limit. The 0% p.a. interest rate applies to balances transferred with this offer, and the balance transfer fee, for a period of 18 months. The 18 month promotional period commences when the balance transfer is processed and you must make the Balance Transfer request within the first 3 months from approval to receive this offer. The balance transfer fee is 2% of the balance transferred and will be debited to your account on the day or the day after your balance transfer is processed. At the end of the balance transfer period, the interest rate on any outstanding transferred balance, and balance transfer fee, will revert to the variable Annual Percentage Rate for Cash Advances, currently 21.99% p.a Please note you will be charged interest on retail purchases while you have a balance transfer. Offer may be withdrawn or changed at any time. For important information to consider before taking up a balance transfer, please click here.

For Target Market Determinations please refer here.

Bank of Queensland Credit Cards (“Credit Cards”) are issued by National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (“NAB”) and distributed by Bank of Queensland Limited ABN 32 009 656 740 (“BOQ”). NAB has acquired the business relating to the Credit Cards from Citigroup Pty Limited (ABN 88 004 325 080, AFSL and Australian Credit Licence 238098) ("Citi") and has appointed Citi to assist to administer the Credit Cards. Our/us/we means NAB unless the context otherwise requires it.