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Upcoming changes to the Platinum credit card Frequent Flyer earn rate

What is changing?

We’re introducing a change to the way Qantas Points and Velocity Points are earned and apply to cardholders who hold a BOQ Specialist Platinum credit card.
 

The following changes will take effect on 1 April 2022:

  • You will earn 0.5 points for every $1 spent on eligible transactions1 in Australia up to $10,000 spent each statement period.
  • Thereafter, you will now earn 0.25 points for every $1 spent on eligible transactions in Australia for spend over the $10,000 each statement period.


There is no change to the way points are earned on asset finance purchases and asset finance monthly repayments. Any points earned on asset finance purchases and repayments will not count towards the $10,000 domestic spend threshold, and remain uncapped.


There is no change to the way points are earned on international transactions. You will still earn 1 Qantas or Velocity Point per $1 spent on eligible purchases.


BOQ Specialist Platinum credit cardholders will receive a notice of the change via email at least 30 days prior to the effective date of 1 April 2022. Please read the information contained in the email carefully as it relates to changes to the Terms and Conditions that govern your BOQ Specialist Qantas Rewards Program Terms and Conditions and BOQ Specialist Velocity Rewards Program Terms and Conditions and retain a copy for your records, a copy will be published here.

Here’s a quick reminder of the great rewards and benefits offered on our Platinum credit card 
 

  • 0.5 Qantas Points or 0.5 Velocity Frequent Flyer Point for every $1 spent on eligible purchases in Australia up to $10,000 spent each statement period, and 0.25 Qantas Point or 0.25 Velocity Frequent Flyer Point per $1 for the spend over $10,000 each statement period.
  • 1 Qantas Point or Velocity Frequent Flyer Point for every $1 spent on eligible international purchases2
  • Complimentary access to the Qantas Frequent Flyer program, or register at no cost for the Velocity Frequent Flyer program as a BOQ Specialist credit cardholder

  Complimentary travel insurance
  

  Concierge and Front Line Access provided by Visa
 

  Personalised service
 

  Bonus partner specials

  

  

  24/7 purchase security through Verified by Visa and Orion

Want to know more?

  1300 160 160
 

Enquire now

  • Important Information

      The issuer and credit provider of these products and services is BOQ Specialist. Terms and conditions, fees and charges and lending and eligibility criteria apply. You should obtain and consider the product terms and conditions before making any decision about whether to acquire the products. We reserve the right to cease offering these products at any time without notice.

      For target market determinations please click here.

      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 if it is appropriate for your situation. BOQ Specialist is not offering financial, tax or legal advice. You should obtain independent financial, tax and legal advice as appropriate.

      1 To view the list of eligible domestic transactions, you can view the Qantas rewards program terms and conditions and the Velocity rewards program terms and conditions here.

      2 To view the list of eligible international transactions, you can view the Qantas rewards program terms and conditions and the Velocity rewards program terms and conditions here.

      *Qantas Points
      You must be a member of the Qantas Frequent Flyer program to earn and redeem Qantas Points. Membership and Qantas Points is subject to the Member Terms and Conditions. Qantas Points will be earned on eligible transactions in accordance with the BOQ Specialist Qantas Rewards Program Terms and Conditions. See definition of Eligible Transaction in the BOQ Specialist Qantas Rewards Program Terms and Conditions. 

      "Velocity Points
      Velocity Member Terms and Conditions apply. Velocity Points are earned in accordance with the BOQ Specialist Velocity Rewards Program Terms and Conditions. Points and bonus points are earned on eligible purchases only. See definition of eligible purchases in the BOQ Specialist Velocity Rewards Program Terms and Conditions. 

      ~Insurances
      BOQ Specialist card insurances are underwritten by Chubb Insurance Australia Limited (ABN 23 001 642 020, AFSL No. 239687) (Chubb). BOQ Specialist has entered into master policies for the benefit of cardholders. Terms, conditions, exclusions, limits and eligibility criteria apply to insurances. You should consider the Insurance Terms and Conditions. Make sure you pay special attention to the benefits, eligibility and exclusions. It is particularly important to do this before travelling or purchasing goods as your cover may not be sufficient for your personal circumstances.

      ^Visa Premium and Visa Concierge
      The Visa Premium and Visa Concierge are provided by a third party supplier. For details of this service refer to visapremium.com.au/concierge.
      Platinum and Signature cardholders receive exclusive access to unique events. Each event will be subject to separate terms and conditions. See visapremium.com.au for more information.
      Signature cardholders receive exclusive benefits at select hotels. Terms and Conditions apply, visit visasignaturehotels.com for more information.
      Platinum and Signature cardholders receive discounts on the published rates of the Airport Fast Track immigration service. Visit speedpass.yqnowgroup.com to book and to view the terms and conditions that apply
      .

      **Priority Pass™
      One complimentary Priority Pass™ Standard Membership for the primary cardholder is a special feature of the BOQ Specialist Signature credit card. Signature cardholders will automatically be enrolled for the Priority Pass™ Standard membership. Please allow up to 15 working days for your Priority Pass™ card to arrive in the mail. The primary cardholder is entitled to four complimentary visits to Priority Pass lounges and may bring one guest per visit free of charge per calendar year. Any additional guests will be charged directly to you by Priority Pass™ at their ordinary price, currently US$27 per person per visit. Membership is subject to the Conditions of Use available at www.prioritypass.com.