The BOQ Specialist Signature Card with Velocity Points
New cardholders can enjoy a great boost on their points earning with 20,000 bonus Velocity Points currently on offer on the BOQ Specialist Signature Velocity Card. Available to doctors, dentists and vets, this card offers a number of high-end benefits, including access to the Visa Luxury Hotel Collection, Priority Pass membership, and complimentary overseas travel insurance.
What we love...
There’s nothing like a little bonus points boost – and happily, the BOQ Specialist Signature Velocity Card currently has one to offer. As a new cardholder, you can earn 20,000 bonus Velocity Points simply by using your card to make 10 eligible purchases within the first 60 days. No minimum spend, just meet that minimum usage requirement.
In terms of everyday points earning, the card offers a tiered earning structure that goes as follows:
- 1 Velocity Point for every $1 spent on eligible purchases in Australia up to 10,000 points per month, and 0.5 points per $1 thereafter.
- 1.5 Velocity Points for every $1 spent on eligible international purchases.
- 1 Velocity Point for every $1 spent on eligible BOQ Specialist finance contracts.
Both your bonus points and your earned points will be automatically credited to your Velocity account, and from there, you can spend them as you like. As one of the largest frequent flyer programs in Australia, Velocity has plenty to offer, including flights and upgrades, and merchandise and gift cards from the Velocity Store.
Aside from rewards, the card has a host of attractive extras on offer, many of which are likely to appeal to the frequent traveller. First up, access to the Visa Luxury Hotel Collection, which allows cardholders to take advantage of premium benefits at more than 900 luxury hotels around the world. While the offering may differ slightly from hotel to hotel, this is what you could expect:
- Best available rate guarantee
- Automatic room upgrade on arrival, where available
- Complimentary in-room Wi-Fi, where available
- Complimentary breakfast for two
- US$25 food or beverage credit
- VIP Guest status
- Late check-out upon request, where available
Another enticing travel feature on offer provides cardholders access to Priority Pass airport lounges with one complimentary Priority Pass Standard Membership for the primary cardholder. This gives you unlimited lounge visits – with the option of inviting one guest free per visit – as well as discounts on food and beverages at selected airport outlets.
What’s not so great...
As a premium card, the BOQ Specialist Signature Velocity Card has a premium price tag. To enjoy all of its lovely features, you will pay a fairly hefty annual fee. However, if you make use of all of the extras on offer – while earning sufficient rewards – that annual fee may be worth it. Be sure to avoid the card’s high purchase rate by clearing your balance each month, as you can then benefit from up to 55 days interest free on purchases.
Why should you choose this card?
When you choose a Signature card such as the BOQ Specialist Signature Velocity Card, you do so to enjoy a higher points earn and access to premium features. While you may pay a higher annual fee, you should be getting more back from the rewards you earn, and in the value offered on the extras you use.
If you are a frequent traveller, further value can be found in the card’s complimentary overseas travel insurance, which provides up to 90 days of cover for you, your spouse and your dependent children when you pay for your return travel with your card. The card also offers access to the Visa Concierge, Visa Front Line Access and Visa Entertainment, as well as a 15% discount on Visa Airport SpeedPass, offering fast-track immigration at more than 280 international airports.
Managing your finances becomes easier with split statements and separate credit cards for business and personal purposes, and with full compatibility with financial accounting systems such as XERO and MYOB. Meanwhile, Verified by Visa and Orion provide security, while Visa payWave and an SMS alert service offer added functionality while shopping.
The BOQ Specialist Signature Velocity Card is currently offering 20,000 bonus Velocity Points to new cardholders, alongside an elevated everyday points earn and fantastic features, such as Priority Pass membership, access to the Visa Luxury Hotel Collection and overseas travel insurance.