The Bank of Queensland Platinum has a high 20.74% purchase rate but if you pay off your balance in full each month you get 55 interest free days. If you've got debt to carry over, there is a handy 0% rate on balance transfers for 14 months but this reverts to the cash advance interest rate of 21.74% so be sure to knock over that debt early while the interest rate is low.
You can snag a ver reasonable annual fee of $60 for the first year. While the ongoing annual fee is $129, if you're a regular overseas traveller you'll get good value as the card comes with free international travel insurance, extended warranty and purchase cover insurance. The BOQ Platinum card also comes with a guarantee pricing scheme, which will cover you the cost of an item if it goes on sale within 60 days from when you purchased it (as long a the price difference is greater than $75).
With the Bank of Queensland Q Rewards program cardholders earn 2 rewards points per dollar spent. Rather than directly linking points with an airline rewards program, with Q Rewards you can fly with any airline. You can also earn bonus points by shopping with BOQ partners.
Who it's good for:
As this platinum card is not linked to any specific airline program it would suit those who prefer to play it by ear with regards to where and with what airline they travel.
Points are capped at 240,000 each year which equates to an annual spend of $120,000. But the good news is that with the BOQ platinum card points never expire so you can save them up and go on an rewarding round the world holiday when it suits you.