You'll get 44 interest free days on purchases with your Bank of Queensland Blue Visa credit card. But set yourself up with Easi-Pay and you can automatically either have your balance paid off in full or even just make the minimum repayments, taken straight from your everyday bank account (even from a non-Bank of Queensland account.) This could be a great way to make sure you avoid the 20.74% purchase rate.
The annual fee is fairly average at $60 a year, but according to Mozo's rewards revealer, with an annual spend of $16,000 or more, you'll be getting value back on your rewards points.
For every dollar you spend the Bank of Queensland Blue will give one point towards redeeming on either gift cards, retail rewards or Virgin Australia, Flight Centre and TakeFlight vouchers. Your rewards points never expire but there is a $65,000 p.a. points cap.
Plus, you'll also get bonus perks such as purchase cover insurance for most goods you buy on your Bank of Queensland Blue Visa credit card that are lost, stolen or damaged within three months of being purchased. And if you hate buying an item at full price, only to see it on sale a week later, you'll be guaranteed a refund of up to $500 on eligible store bought purchases that go on sale after you've bought the item.
Who it's good for:
The Bank of Queensland Blue is great for anyone who likes to keep their options open and likes getting value for money.
If you don't like the 20.74% purchase rate, you'll like the 21.74% cash advance rate even less.