The Blue Visa credit card is packed with benefits designed to make your purchases smoother and more rewarding.
Whether you’re keen on direct cashback, statement credits, prizes, or a special balance transfer offer, it can help you consolidate debts, save on interest, and make your shopping experiences more valuable.
Another great feature is the ability to combine your card with other Bank of Queensland financial products, often with special perks for customers, plus free additional insurance.
What makes the Blue Visa credit card so convenient?
- Up to 44 Interest-Free Days: Enjoy a longer grace period to pay off your purchases without incurring interest. This gives you more time to manage your finances without feeling the pinch.
- Earn Q Rewards: Imagine turning your everyday spending into rewards or cash? That’s a smart way to get something back on the things you buy anyway!
With the Blue Visa credit card, you can choose direct cashback or other rewards to treat yourself or someone special. - Complimentary Insurance: The Blue Visa offers additional insurance to protect your purchases against theft, loss, or damage.
Plus, the card network itself provides extra layers of protection to ensure all transactions are fraud-free. - Flexible Payment Plans: Spread the cost of your purchases into more manageable instalments, especially for larger purchases.
How can you redeem your Blue Visa rewards?
With the Blue Visa, you will earn 1 point per dollar spent on purchases and once accumulated they can be redeemed in several ways, giving you more options:
- Cashback into your account: If you prefer cold hard cash, your points can be converted directly into your account.
- Statement credits: Using the Select and Credit option, you can convert points to pay for specific purchases.
- Vouchers and Gifts: You can choose from eVouchers for major retailers like Coles and Bunnings, allowing you to treat yourself or someone special.
Balance Transfer Offer: A Debt Consolidation Opportunity
The Blue Visa offers an attractive deal for those looking to transfer balances from other cards: 0% interest on balance transfers for the first nine months, with no transfer fee.
This promotion allows you to reorganise your finances and pay off debts at your own pace. But be aware: after the promotional period, the interest rate reverts to the standard purchase or cash advance rate, so it’s best to plan your repayments to make the most of this initial benefit.
Key Fees
- Annual Fee: $89
- Purchase Interest Rate: 20.99% p.a.
- Cash Advance Rate: 21.99% p.a.
- Interest-Free Period: Up to 44 days (unless you have a balance transfer)
Drawbacks and Comparisons
While the Blue Visa credit card offers attractive benefits and competitive terms, it’s important to consider some limitations, such as the reversion of the interest rate after the balance transfer promotional period.
On the other hand, the annual fee is more budget-friendly compared to the bank’s Platinum card.
Conclusion: Is the Blue Visa credit card worth getting?
It’s a great choice for those who want to earn rewards on their spending and have the flexibility to choose the rewards that matter most to them.
With every purchase, you can earn points and benefits, from cashback to vouchers at major retailers.
The purchase protection insurance and flexible payment options make the card even more appealing for those who want to safeguard their purchases and spread larger costs over time.
Due to the relatively high-interest rate, it’s particularly suitable for people who can pay their balance in full each month. In summary, for those who prioritise benefits and rewards, the Blue Visa represents an opportunity to turn everyday spending into real value and financial rewards.