Earn airline reward points on your practice purchases and you could reach your dream destination sooner
Use a BOQ Specialist Signature credit card to purchase new equipment, fit-out or a motor vehicle, then convert it into a BOQ Specialist finance contract which settles before 31 January 20201, and for every eligible $1 you spend we will reward you with:
1 Qantas Point2 or 1 Velocity Frequent Flyer Point3 for equipment and fit-out purchases (uncapped); and
0.5 Qantas Point2 or 0.5 Velocity Frequent Flyer Point3 for motor vehicles purchases (capped at 50 000 points).
No credit card processing fee applies.4
Existing cardholders will earn points in their current program. New cardholders can choose between either the Qantas Frequent Flyer or the Velocity Frequent Flyer reward programs. You can use your points on flights, upgrades, hotels and much more.
How to turn your everyday into your next holiday
At BOQ Specialist, we offer our clients the unique option of purchasing their equipment, fit-out or motor vehicle via their Signature credit card, enabling them to earn airline reward points on both the cost of the purchase as well as the repayments.
How it works:
A fixed term finance contract is agreed to prior to you purchasing the equipment, fit-out or motor vehicle. This may be a lease, chattel mortgage, asset purchase or escrow. We then temporarily increase the limit on your Signature credit card to allow you to make the purchase. The transaction is then transferred from the card to the finance contract and you earn airline reward points per dollar financed.
Existing cardholders will earn points in their current program. New cardholders can choose between either the Qantas Frequent Flyer or the Velocity Frequent Flyer reward programs.
For full terms and conditions, click here.
The issuer and credit provider of these products and services is BOQ Specialist – a division of Bank of Queensland Limited ABN 32 009 656 740 AFSL and Australian credit licence no. 244616 (“BOQ Specialist”). All finance is subject to our credit assessment criteria. Terms and conditions, fees and charges and lending and eligibility criteria apply. Any information is of a general nature only. We have not taken into account your objectives, financial situation, or needs when preparing it. Before acting on this information you should consider whether it is appropriate for your situation. You should obtain and consider the relevant terms and conditions. BOQ Specialist is not offering financial, tax or legal advice. You should obtain independent financial, tax and legal advice as appropriate. We reserve the right to cease offering these products at any time without notice.
1. To earn Qantas or Velocity Frequent Flyer Points per $1 of eligible spend, the equipment, fit-out (fixtures or fittings) or motor vehicle purchased on the BOQ Specialist Signature credit card must be financed with BOQ Specialist on a fixed term contract that is greater than 36 months and settled between 15 November 2019 and 31 January 2020. For definition of eligible spend, refer to boqspecialist.com.au/cards. Available for lease, chattel mortgage, asset purchase or escrow (drawdowns must be in amounts of $10 000 or more).
2. You must be a member of the Qantas Frequent Flyer program to earn Qantas Points. A joining fee may apply. Membership and Qantas Points are subject to the Qantas Frequent Flyer program Terms and Conditions. Qantas Points are earned in accordance with and subject to the BOQ Specialist Qantas Rewards Program Terms and Conditions. Qantas Points will be earned on eligible transactions only. Please allow 6-8 weeks after purchase for points to be credited to your Qantas Frequent Flyer account. BOQ Specialist recommends that you seek independent tax advice in respect of the tax consequences (including fringe benefits tax, and goods and services tax and income tax) arising from the use of these products or from participating in the Qantas Frequent Flyer program.
3. To earn and redeem Velocity Points you must be a Velocity member. Velocity membership and Points earn and redemption are subject to the Member Terms and Conditions, as amended from time to time. Velocity Points are earned in accordance with the BOQ Specialist Velocity Rewards Program Terms and Conditions. Points are earned on eligible purchases only. See definition of eligible purchases in the BOQ Specialist Velocity Rewards Program Terms and Conditions. Please allow 6-8 weeks after purchase for Velocity Points to be credited to your Velocity Frequent Flyer account.
4. A $445 documentation fee applies to the finance contract for existing cardholders. For those applying for a BOQ Specialist Signature card, an annual credit card fee of $400 will apply. A documentation fee of $150 will also apply to the finance contract for new cardholders.