Everyday banking with Velocity Points


The first everyday bank account to reward you with Velocity Frequent Flyer Points.

Earn 1 Velocity Frequent Flyer Point^ for every $10 of daily average balance in your account, calculated at the end of each month. There are no establishment or account keeping fees and you can redeem your points for flights, merchandise, holidays and more.

Plus, earn up to 6 000 bonus Velocity Points when you deposit
$2 000 or more into your Everyday Plus account over six consecutive months from opening your account.#


Account features

  • Earn 1 Velocity Point for every $10 of daily average balance in your account, calculated at the end of each month
  • No establishment or account keeping fees
  • Visa debit card with payWave functionality
  • 10 free ATM withdrawals per month at all major bank ATMs Australia-wide*
  • Access your money whenever and wherever you like, through online banking and mobile app
  • 24/7 access to our Client Service Centre
  • Savings up to $250 000 are covered by the Government's Deposit Guarantee 
  • Exclusively available to doctors, dentists and vets


Applying online is easy and only takes 10 minutes

Step 1: Select “Apply Now”
Step 2: Have your identification on hand (licence, passport, Medicare card or birth certificate)
Step 3: Enter your details and provide your ID
Step 4: Get a confirmation email when we receive your application



Our competition to win 1 000 000 Velocity Frequent Flyer Points has now closed. Congratulations to the winner Dr K Hazratwala.

More information

BOQ Specialist - a division of Bank of Queensland Limited ABN 32 009 656 740 AFSL and Australian Credit Licence no. 244616 (BOQ Specialist). Use of the information contained on this page is governed by Australian law and is subject to the Terms and Conditions which can be read by clicking here. View the BOQ Specialist Privacy Policy by clicking here.

The issuer of these products and services is BOQ Specialist - a division of Bank of Queensland Limited ABN 32 009 656 740 AFSL no. 244616 (“BOQ Specialist”). Terms and conditions, fees and charges and eligibility criteria apply. BOQ Specialist is not offering financial, tax or legal advice. You should obtain independent financial, tax and legal advice as appropriate. You should obtain and consider the relevant terms and conditions here before making any decision about whether to acquire the product. We reserve the right to cease offering these products at any time without notice.

* Free ATM withdrawals at BOQ branded ATM’s as well as the four major banks Australia wide

^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, available at velocityfrequentflyer.com, as amended from time to time.

#1 000 bonus Velocity Points will be awarded for each month a minimum deposit of $2 000 is received into your Everyday Plus account for up to 6 months from the date your account is opened. The maximum number of bonus Velocity Points available through this offer is 6 000 per account.  This bonus Velocity Points offer is available to new Everyday Plus account holders only who apply and are approved from 1/12/2016.