- Earn 1 Velocity Point for every $2 spent on eligible purchases in Australia
- Earn 1 Velocity Point for every $1 spent on eligible international purchases
- Complimentary travel insurance
Velocity Frequent Flyer
A specialist card offered to doctors, dentists and vets, the BOQ Specialist Platinum Velocity Card provides an easy way to earn points on the Velocity program, while also enjoying a number of platinum perks. These include complimentary overseas travel insurance, discounted Visa Airport SpeedPass, and access to Visa Concierge, Visa Front Line Access and Visa Entertainment.
As you would expect on a Velocity card, the BOQ Specialist Platinum Velocity Card rewards frequent travellers most of all. This can be seen in the features on offer, and also within its points-earning structure. While the card does offer a decent points earn on spending made at home in Australia, it offers an even higher points earn on purchases made overseas.
This could, of course, benefit you if you travel overseas on a regular basis, but it may also come in handy if you like buying online from overseas merchants.
Is the Velocity Frequent Flyer program right for you? The Velocity program is one of the most popular frequent flyer programs in Australia, which means, as a member, you have lots of redemption options open to you. You may choose to get away from it all, booking a flight to somewhere unforgettable, or travel in style by upgrading to Business, or even First.
Alternatively, you could use your points within the Velocity Store to pick up something special, either for yourself or for someone who deserves a treat. Check out the options to choose from gadgets and homewares, fashion and jewellery, gift cards and experiences. Alternatively, you could fill up your car at BP to use your points for fuel or in-store purchases.
As a platinum card, the BOQ Specialist Platinum Velocity Card obviously has more to offer than just rewards. Another good feature for the frequent traveller is the card’s complimentary overseas travel insurance. This offers up to 90 days of cover for you, your spouse and dependent children when you pay for your return travel with your card.
Visa’s Concierge Service can be another handy feature for travellers, providing access to essential info on where to go and what to do, while also helping out with travel bookings, restaurant reservations and even gift buying. Meanwhile, Visa Entertainment and Visa Front Line Access offers exclusive access to tickets, events and offers not open to the general public.
Rewards and features almost always come at a cost. Choosing the BOQ Specialist Platinum Velocity Card means you will pay a fairly sizable annual fee – but, that annual fee could be worth it, as long as you get more back in extras and rewards. To do that, you will need to clear your balance each month to avoid the card’s high purchase rate, which will also allow you to benefit from up to 55 days interest free on purchases.
If you work within the medical, dental or veterinary fields and you want to earn Velocity Points on your business and personal spending, the BOQ Specialist Platinum Velocity Card may just be the card for you. Working especially well for frequent travellers, this is a card that focuses on travel-related features.
Aside from the features already mentioned, the card also provides a 15% discount on the Visa Airport SpeedPass, offering fast-track immigration at more than 280 international airports. There are also additional insurance products on offer which could help to protect purchases made on the card. For more on this – and the card’s travel cover – check the PDS.
As you might expect from a product that’s offered exclusively to professionals, the card also makes managing both business and personal finances easier, with split statements and separate credit cards for business and personal purposes available, as well as compatibility with financial accounting systems such as XERO and MYOB.
Providing some very appealing platinum perks for the frequent traveller, the BOQ Specialist Platinum Velocity Card offers even more rewards in the form of Velocity Points earned on spending at home and overseas.
Purchase rate 20.50% p.a.
Cash advance rate 20.50% p.a.
Interest free period on purchases up to 55 days
Minimum credit limt N/A
Maximum credit limit N/A
Annual fee $150 p.a.
Additional card holder fee N/A
Foreign transaction fee N/A
Cash advance fee N/A
Late payment fee N/A
Rewards Program Velocity Frequent Flyer
Bonus points N/A
Annual points cap uncapped
Bonus points spend criteria N/A
Velocity Rewards points 0.5 points per $1 spent
Points cap per month N/A
Overseas earn rate 1 point per $1 spent
International Travel Insurance Yes
Flight Inconvenience Insurance No
Transit Accident Insurance No
Smartphone Screen Insurance No
Purchase Protection Insurance No
Extended Warranty Insurance No
Rental Vehicle Excess In Australia Insurance No
With BOQ Specialist Platinum Velocity Credit Card you can earn up to 1 Velocity point per $1 spent. Complimentary overseas travel insurance, access to Visa Concierge and Visa Front Line Access.
Be over 18 years old
Good Credit and have not applied for multiple credit cards recently
Permanent Resident or Australian Citizen
You have your personal details ready to complete the online application
Roland B Bleyer founded Creditcard.com.au in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.
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