Bank of Queensland
Bank of Queensland

BOQ Low Rate Visa Card

Purchase Rate
13.49% p.a.
Cash Advance Rate
21.49% p.a.
Interest Free
Up to 55 days
Annual Fee
$55.00
Balance Transfer Rate
0% p.a. for first 6 months
Intro Purchase Rate
0% p.a. for up to 6 months
  • 0%p.a. on purchases and balance transfers for 6 months. Purchases reverting to ongoing purchase rate, balance transfers reverting to the cash advance rate thereafter.
  • No balance transfer fee.
  • Low interest rate.
  • Low annual card fee.
  • Up to 55 days interest-free on purchases.
  • If you currently have a credit card or store card elsewhere, you can easily transfer the outstanding balance to a Low Rate Visa Card and start saving right away.

Key Features
Rewards Program
Rewards
Joining Fee
-
Annual Fee
$55.00
Insurance Cover
for Purchases
Overseas ATM
Availability
Automatic Travel
Insurance

Fee & Repayments

Annual Fee $55.00
Annual Fee First Year $55.00
Rewards Joining Fee -
Supplementary Card Fee $15.00
Minimum Repayment Greater of 2.00% or $0.00
Interest Charged From PurchaseDate
Late Payment Fee $10.00

Other Charges

Duplicate Statement Fee $7.00
Overseas ATM Balance Fee $0.00
Transaction Verification Fee $7.00
Overseas ATM Withdrawal Fee $0.00
Over Limit Fee $30.00
Overseas Emergency Card Replacement Fee -
Terms & Conditions
7To be eligible for the purchase and balance transfer offer you need to apply for the BOQ Low Rate Visa card by 31 October 2021. 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 at point of application, for a promotional period of 6 months. The promotional period commences once the balance transfer is processed. At the end of the balance transfer period, the interest rate on any outstanding transferred balance will revert to the variable Annual Percentage Rate for Cash Advances, currently 21.49% p.a. Interest rates are  variable and subject to change. The interest rates are current as at 1 July 2021. The promotional rate of 0%p.a applies to retail purchases for the promotional period advertised from the date your account is approved. At the end of the promotional period , the variable annual percentage rate for retail purchases currently, 13.49% p.a on the BOQ Low Rate Visa card will apply to any outstanding retail purchases and any new retail purchases. Please note you are not entitled to any interest free days whilst on your retail purchases at the end of the promotional period whilst you have a balance transfer. This means that all spend will be charged interest at the applicable annual percentage rate. Minimum monthly payments required. Payments will be applied to your account as per the Credit Card terms and conditions. Please note that if you make a purchase before your balance transfer is processed, payments made during the Balance Transfer promotional period will be applied to the retail purchase balance before the balance transfer. Balance transfers from other Citi-issued credit facilities are excluded. For important information to consider before taking up a balance transfer, please click here. 8 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. ^Cash withdrawal limits, fees and charges may apply. Fees and charges are payable. Citigroup'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. Offers expires 31 October 2020, offer may be extended. 5 To be eligible for the balance transfer offer you need to apply for the BOQ Blue Visa card by 31 October 2021. 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, for a period of 18 months. The 18 month promotional period commences once the balance transfer is processed. At the end of the balance transfer period, the interest rate on any outstanding transferred balance will revert to the variable Annual Percentage Rate for Cash Advances, currently 21.74% p.a. Please note you are not entitled to any interest free days whilst you have a balance transfer. This means that all spend will be charged interest at the applicable annual percentage rate. Balance Transfer from other Citi-issued credit facilities are excluded. For important information to consider before taking up a balance transfer, please click here. 4 Q Rewards® points are earned on Eligible Transactions. 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. Citigroup Pty Ltd ABN 88 004 325 080 AFSL 238098 Australian Credit Licence No. 238098 (Citigroup) is the credit provider and issuer of BOQ Credit Cards (Credit Cards). Fees and charges are payable. Full terms and conditions are available at any Bank of Queensland branch. Citigroup’s standard credit assessment criteria apply. This website contains general advice. This advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of any advice before acting on it. You should obtain and consider the relevant Product Disclosure Statement, terms and conditions, Financial Services Guide and Guide to Fees and Charges before making any decision about whether to acquire or continue to hold the product. You can obtain a copy of those documents from any Bank of Queensland branch or by contacting us. Bank of Queensland Limited ABN 32 009 656 740 (BOQ) distributes the Credit Cards under an agreement with Citigroup. BOQ does not and will not guarantee or otherwise support Citigroup's obligations under the contracts or agreements connected with the Credit Cards. The words "we", "us" or "our" will generally read as a reference to Citigroup, but if the context requires these words to refer BOQ, they will refer to BOQ undertaking relevant actions or making relevant decisions for or on behalf of Citigroup.

* For cards with reward programs that allow you to earn points, unless otherwise noted, the best case scenario of everyday spending is used when calculating the spend required to earn a reward. Everyday spending does not include bonus points that may be earned by shopping with loyalty partners. For rewards programs that have monthly caps, we assume you stay under that cap and for products with two cards, we assume spending is with the highest earning card. For programs that allow you to convert points for air travel at a price that changes from day to day, we have assumed that the flight is $300 (taxes and charges inclusive).

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