Balance Transfer Savings
0% Purchase Savings
You could save
Savings is an estimate of the amount saved on interest charges and annual fees, as a result of transferring an eligible balance to the 0% balance transfer card for the interest-free period.
The savings estimate is based on a daily compound interest rate formula, taking into consideration your inputs above, as well as applicable balance transfer and annual fees, along with the following assumptions:
• No additional purchases or withdrawals are made
• A minimum 3% balance repayment is made each month
• Annual fees for the current year are charged in the first month
• If applicable, the annual fee refund is processed in the month eligibility is met
• There are 30 days in each month
• Your existing card will be closed and will incur no further fees
• Other fees are excluded
All estimates are based on our assumptions and do not take into consideration your personal circumstances. Your experience may vary. Refer to our Website Terms & Conditions for more information.
Go to offer links directly to the bank’s website. Please ensure you review the full terms and conditions on the bank’s website prior to applying.
in 6 months
You could save
Savings is an estimate of the amount saved on interest charges and annual fees during the interest-free period, as a result of making a purchase on a 0% purchase card, rather than on your existing card.
The savings estimate is based on a daily compound interest rate formula, taking into consideration your inputs above, as well as the annual fee, along with the following assumptions:
• The purchase amount is incurred in the first month
• No additional purchases or withdrawals are made
• A minimum 3% balance repayment is made each month
• Annual fees for the current year are charged in the first month
• If applicable, the annual fee refund is processed in the month eligibility is met
• There are 30 days in each month
• Your existing card will be closed and will incur no further fees
• Other fees are excluded
All estimates are based on our assumptions and do not take into consideration your personal circumstances. Your experience may vary. Refer to our Website Terms & Conditions for more information.
Go to offer links directly to the bank’s website. Please ensure you review the full terms and conditions on the bank’s website prior to applying.
More info links to a detailed product page on our site.
in months
email mep.a.
p.a.
annual fees
| Card Type | Visa |
|---|---|
| Minimum Credit Limit | $6,000 |
| Cash Advance Rate Interest rate incurred for a cash advance | 21.74% p.a. |
| Interest Free Period The maximum period of time that no interest is charged on new purchases. May not be applicable if the account or closing balance is not paid in full by the due date. | Up to 55 days Does not apply if carrying a balance transfer |
| Purchase Rate The standard interest rate that applies to purchases on the card | 20.74% p.a. |
| Balance Transfer Limit Maximum percentage of your approved credit card limit that can be used for the balance transfer | 80% |
| Balance Transfer Revert Rate The interest rate that will be charged on any remaining debt after the balance transfer period ends. This value could be variable depending on the card product. | 20.74% p.a. |
| Balance Transfer Fee Fee incurred for processing a balance transfer | 0% |
| Balance Transfer Rate The interest rate applied to the balance transfer amount for a set period of time | 0% p.a. for 14 months with a 0% balance transfer fee |
| Offer Ends | 28 Feb 2021 |
| Annual Fee An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. | $0 p.a. $0 for the first year then $129 p.a. The $129 fee is waved ongoing if you spend a minimum of $12,000 per year on retail purchases |
| Rewards Program | BOQ Q Rewards |
| Balance Transfer Months Number of months the promotional balance transfer offer applies | 14 months |
| Minimum Income | $35,000 |
|---|---|
| Minimum Age | 18 years of age or over |
| Temporary Resident Application | No |
| Bonus Points The promotional bonus points offered. A minimum spend requirement within a set time period may apply. For example, in order to earn 90,000 bonus points, you may need to spend at least $3,000 per month on eligible transactions during the first three months. Some transactions may be excluded or earn points at a reduced rate, e.g. cash advances, government or foreign transactions. Conditions apply. Refer to the bank's website for full T&Cs. | 80,000 Earn 80,000 Bonus Q Rewards points when you spend $3,000 on eligible transactions within the first 2 months of card approval. |
|---|---|
| Rewards Earn Rate per $ spent The number of rewards points earned for each eligible dollar spent on the card | 2 points per $ Earn 2 Q Rewards® points for every 1 dollar spent on Eligible Transactions |
| Additional Cardholder Fee Fee incurred for adding an additional cardholder to the account | $0 p.a. |
|---|---|
| Overlimit Fee | $40 |
| Dishonour Fee | $10 |
| Maximum Additional Cardholders Maximum number of additional cardholders | Up to 4 |
| Cash Advance Fee | $3.50 or 3.5%, whichever is greater |
| International Transaction Fee Fee incurred for transactions made in foreign currency | 3.4% of the transaction value |
| International Cash Advance Fee | 2% of the transaction amount or $4, whichever is greater, capped at $30 |
| Late Payment Fee Fee incurred if the minimum repayment is not paid by the due date | $30 |
| Annual Fee An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. | $0 p.a. $0 for the first year then $129 p.a. The $129 fee is waved ongoing if you spend a minimum of $12,000 per year on retail purchases |
| Travel Insurance Terms, conditions, limits and exclusions may apply, check product site for details | Yes Travel Insurance Transit accident insurance Interstate flight inconvenience insurance |
|---|---|
| Purchase Insurance Terms, conditions, limits and exclusions may apply, check product site for details | Yes - terms, conditions, limits and exclusions may apply, see product site for details Purchase cover insurance Extended Warranty Gauranteed pricing scheme |
| Concierge Service | Yes 24/7 Concierge Service |
| Automatic Card Repayments | Yes Automatic card repayments with Easi-Pay |
