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.
1. Offer commenced 31 October 2024. 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 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. We reserve the right to continue, withdraw or change the offer at any time without notice. For important information to consider before taking up a balance transfer, please click here.
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. To be eligible for the Cash Instalment Plan offer (“Instalment Plan”), you must apply for a BOQ Low Rate Visa Card by 30 May 2025. Your Instalment Plan offer will be available for 60 days from credit card account approval. The Instalment Plan uses part of your existing credit limit. Your credit limit doesn’t change. As you pay off your Instalment Plan amount/s, the amount/s you pay off will become available for you to use again as part of your credit limit and will be subject to the standard Annual Percentage Rates applicable on your account.
You can apply for an Instalment Plan from $500 up to 60% of your available account credit limit. The Instalment Plan offer is 7.99% p.a. for a period of 36 months. During the cycle in which the Instalment Plan is set up, you will be charged an initial interest charge which will be included in the minimum payment due on your next statement. Subsequent statements will include an instalment for each month of the term. Interest will be charged if you fail to pay any amounts due. We may also cancel the Instalment Plan after providing you notice if it remains overdue. If your Instalment Plan is cancelled, the full outstanding balance of your Cash Instalment Plan will revert to the applicable Annual Percentage Rate (APR) for Cash Advances, currently 21.99% p.a. For the full terms and conditions that apply to instalment plans please refer to Credit Card Terms and Conditions and Other Important Information.
Please note that the applicable APR for Cash Advances applies to Balance Transfers, currently 21.99% p.a., unless we have agreed to a promotional rate. For important information to consider before taking up a balance transfer, please click here. We reserve the right to withdraw or change the offer at any time.
