Finder makes money from featured partners, but editorial opinions are our own.
BOQ Q Rewards
Q Rewards is Bank of Queensland's rewards program. You can earn points with a BOQ Blue Visa or Platinum Visa credit card and redeem them for cashbacks, gift cards or transfer to Flybuys or Velocity Points.
The Bank of Queensland (BOQ) Q Rewards is a credit cards reward program for cardholders with a BOQ Blue Visa Credit Card or BOQ Platinum Visa Credit Card. You can use these points when shopping at Q Rewards partners (like Kogan and Apple) or transfer the points to Flybuys or Velocity Points (with the Platinum Visa Card).
How can I earn BOQ rewards points with a credit card?
You'll earn Q Rewards points at the following rates for each $1 of eligible spending when you have one of these BOQ credit cards:
🔥Tip: Look for introductory bonus point offers on BOQ credit cards if you're not a customer yet. They can give you hundreds and thousands of Q Rewards Points when you first get a card and meet the requirements.
What counts as eligible spending?
You can earn BOQ Q Rewards points when you make an eligible transaction. This covers most purchases except for exclusions like cash advances, balance transfers, special promotions, BPAY payments, government-related transactions, ATM charges, payments to other BOQ accounts and purchases of foreign currency.
Check BOQ's terms and conditions (pdf) for the full exclusions list.
What can I redeem Q Rewards points for?
You'll be able to view all the details of current rewards by logging into your BOQ account and navigating to the Q Rewards section. To give you an idea, here are details that were publicly available in 2024.
Flybuys transfers. You can transfer Q Rewards points to Flybuys by linking your accounts. The transfer rate and other details are not publicly available, so log in to see full details.
Velocity Points transfers. If you have a BOQ Platinum Visa credit card you can transfer points to Velocity Frequent Flyer at a rate of 3 Q Rewards points for 1 Velocity Point. You can transfer a minimum of 30,000 Q Rewards points per transfer.
Cashback options. When you use your credit card to pay for eligible purchases, you can receive a statement credit back to your account. You can also use points to pay your annual card fee.
Digital gift cards. You can redeem points for gift cards with partner brands.
How much are Q Rewards points worth?
There is no clear fixed dollar value for BOQ Q Rewards Points. It largely depends on what you redeem them for.
Rewards have different values, and the BOQ Q Rewards website does not publicly list the points needed for all of them. So you'll need to have an account and login to see details.
You can also calculate the value of your points for different types of rewards, or get an estimate of the value with Finder's points calculator.
How to redeem BOQ Q Rewards points
Log in to your Internet banking account, select your credit card from your list of accounts and select "Q Rewards/Other card functions". From there, you can view your points balance, browse the latest offers and redeem your rewards.
You can get up to 4 additional cards for free with your Platinum Visa card. If you have the Blue Visa card, you can get an additional card by paying an additional card fee of $15. The primary cardholder is responsible for the additional cards and any points earned with these cards will accumulate in the one Q Rewards account.
BOQ's rewards program can be a great benefit if you regularly use your credit card, pay it off and have an idea of how you want to redeem your points.
But if you only make 1 or 2 purchases a month, you may not be building up enough points to take advantage of. If you use your credit card because you struggle to afford paying for goods and services, using your credit card more to build up more points could end up making things worse. You could be getting yourself into even more debt and potentially paying more in interest.
There is no cap on the number of Q Rewards points you can earn.
Follow these steps to transfer your points:
Log in to BOQ Internet Banking using your Customer Access Number, User ID (if issued) and password.
Choose the "Account Details" menu and select "Q Rewards" then "Check it out here".
Go to the "Points Transfer" menu then choose your loyalty program.
Enter the number of points that you'd like to transfer and provide your loyalty program details.
After reviewing the terms and conditions, click on "Transfer Points" and confirm.
Amy Bradney-George was the senior writer for credit cards at Finder, and editorial lead for Finder Green. She has over 16 years of editorial experience and has been featured in publications including ABC News, Money Magazine and The Sydney Morning Herald. See full bio
Amy's expertise
Amy has written 566 Finder guides across topics including:
Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206), a Tier 1 Generic Knowledge certification and a Tier 2 General Advice Deposit Products (RG 146) certification. See full bio
Richard's expertise
Richard has written 542 Finder guides across topics including:
Get a competitive annual fee and pay down debt with 0% purchase and balance transfer offers or reward your spending with Q Rewards points per $1 spent.
Please have a look at the Bank of Queensland Q Rewards website.
You can browse through their list of rewards once you’ve logged into your online banking facility. And once you’ve decided which rewards you would like to redeem your points for, you can download and fill in an order form. When this is completed you’ll get a redemption receipt. Your goods will be sent out to a nominated address shortly after.
Thanks for your question.
BrianJuly 29, 2013
Are there any outstanding reward points for me?
Finder
JacobJuly 29, 2013Finder
Hi Brian. Thanks for your question. Please log onto the Bank of Queensland online portal to check your rewards points balance. This can be accessed through their website. Jacob.
WendyApril 8, 2013
I would like to pay my annual fee of $60 with my mastercard reward points. Can you tell me how to do it?
Finder
JacobApril 8, 2013Finder
Hi Wendy. I don’t believe this is possible as Bank of Queensland only offers Visa Cards. Can you please provide a little more information. Jacob.
OliviaApril 14, 2011
Please, how many points qualify for a flight to Auckland(BOQ).
Finder
JeremyApril 15, 2011Finder
Hi Olivia
First of all, thanks for your comment – I love questions that involve a bit of number crunching! :)
I just had a look at the Q Rewards website. You can redeem points and redeem them for Virgin Blue Vouchers, which also work with Pacific Blue who have direct flights to Auckland from Brisbane, Melbourne and the Gold Coast.
A $50 Virgin Blue voucher requires 13,750 Q Rewards points. With the BoQ Platinum Visa you can currently earn 2 Q rewards points per $1 you spend – so you’d have to spend $6,875 to get a $50 Q Rewards voucher – meaning it’s not one of the best frequent flyer rewards programs out there.
I just checked the Pacific Blue website – the current price for a 1 way Economy ticket from Melbourne to Auckland is $179. This would mean you would need to spend a whopping $24,612.50 to earn enough points in Virgin Blue $50 vouchers, to redeem your points for a 1 way Economy flight to Auckland.
In comparison, the Qantas Frequent Flyer program is much more efficient if you are looking to use your points for flights.
Using the Qantas Frequent Flyer Points calculator, it works out to be a requirement of 18,000 Qantas Frequent Flyer points if you want to pay for an economy flight from Melbourne to Auckland using your QFF points only.
If you were to use the Qantas American Express Discovery Card to earn the points needed for this flight, it has a 1 to 1 earn rate – in other words, for every $1 you spend you earn 1 Qantas Frequent Flyer Point. That would mean you would need to spend only $18,000 to earn the economy flight one way form Melbourne to Auckland, in comparison to spending $24,612.50 with the Q Rewards program.
All in all, you’re probably best off to look for a credit card with a rewards program specifically optimised for redeeming travel and flights rewards.
How likely would you be to recommend Finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Important information about this website
finder.com.au is one of Australia's leading comparison websites. We are committed to our readers and stands by our editorial principles
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labeling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
We make money by featuring products on our site. Compensation received from the providers featured on our site can influence which products we write about as well as where and how products appear on our page, but the order or placement of these products does not influence our assessment or opinions of them, nor is it an endorsement or recommendation for them.
Products marked as 'Top Pick', 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
Please read our website terms of use and privacy policy for more information about our services and our approach to privacy.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
how do I redeem my points?
Hi John.
Please have a look at the Bank of Queensland Q Rewards website.
You can browse through their list of rewards once you’ve logged into your online banking facility. And once you’ve decided which rewards you would like to redeem your points for, you can download and fill in an order form. When this is completed you’ll get a redemption receipt. Your goods will be sent out to a nominated address shortly after.
Thanks for your question.
Are there any outstanding reward points for me?
Hi Brian. Thanks for your question. Please log onto the Bank of Queensland online portal to check your rewards points balance. This can be accessed through their website. Jacob.
I would like to pay my annual fee of $60 with my mastercard reward points. Can you tell me how to do it?
Hi Wendy. I don’t believe this is possible as Bank of Queensland only offers Visa Cards. Can you please provide a little more information. Jacob.
Please, how many points qualify for a flight to Auckland(BOQ).
Hi Olivia
First of all, thanks for your comment – I love questions that involve a bit of number crunching! :)
I just had a look at the Q Rewards website. You can redeem points and redeem them for Virgin Blue Vouchers, which also work with Pacific Blue who have direct flights to Auckland from Brisbane, Melbourne and the Gold Coast.
A $50 Virgin Blue voucher requires 13,750 Q Rewards points. With the BoQ Platinum Visa you can currently earn 2 Q rewards points per $1 you spend – so you’d have to spend $6,875 to get a $50 Q Rewards voucher – meaning it’s not one of the best frequent flyer rewards programs out there.
I just checked the Pacific Blue website – the current price for a 1 way Economy ticket from Melbourne to Auckland is $179. This would mean you would need to spend a whopping $24,612.50 to earn enough points in Virgin Blue $50 vouchers, to redeem your points for a 1 way Economy flight to Auckland.
In comparison, the Qantas Frequent Flyer program is much more efficient if you are looking to use your points for flights.
Using the Qantas Frequent Flyer Points calculator, it works out to be a requirement of 18,000 Qantas Frequent Flyer points if you want to pay for an economy flight from Melbourne to Auckland using your QFF points only.
If you were to use the Qantas American Express Discovery Card to earn the points needed for this flight, it has a 1 to 1 earn rate – in other words, for every $1 you spend you earn 1 Qantas Frequent Flyer Point. That would mean you would need to spend only $18,000 to earn the economy flight one way form Melbourne to Auckland, in comparison to spending $24,612.50 with the Q Rewards program.
All in all, you’re probably best off to look for a credit card with a rewards program specifically optimised for redeeming travel and flights rewards.
You can check out our comparison here for more information on frequent flyer credit cards: http://www.creditcardfinder.com.au/frequent-flyer-credit-cards
I hope this comment helped!