Q Rewards Points Calculators

BOQ Q Rewards Points Calculators for earning with credit cards based on spend and calculating the cash value based on redemption.

Program Details

Bank of Queensland, branded as BOQ, is an Australia retail bank headquartered out of Brisbane, Queensland. The offer Q Rewards credit cards, co-branded Qantas credit cards, and low rate credit cards.

Credit Card Rewards Calculators

The BOQ Credit Card Calculators will calculate how many Q Rewards Points you can earn based on your monthly/yearly spend across categories. Each calculator will also output the cash value of the card based on your spend, how much you value the benefits of each card, and any annual fees the card may have.

compare boq credit cards
Compare credit cards side by side based on spend, benefits and annual fees.

You can compare the results side by side any credit cards featured on the site to find out which earns you the most rewards and the best return. All spend entered (primary/first column only) will carry over to all credit card calculators on the website.

BOQ Credit Card Calculators

BOQ offers two rewards points credit cards. The BOQ Platinum Visa Card earns 2 Q Rewards Points per $1 spent on all purchases and offers great travel and purchase insurance. The BOQ Blue Visa Card earns 1 Q Rewards Point per $1 spent on all purchases and offers purchase insurance.

Redeeming Rewards & Cash Value

Q Rewards Points can be redeemed for:

  • Gift Cards / eVouchers
  • Cashback
  • Annual Fee Credit
  • Charity
  • Experiences
  • Travel
  • Apple Products
  • Point Transfer To Partners

Gift Card & eVouchers

Q Rewards Points can be redeemed for gift cards and eVouchers in the BOQ Rewards portal which will give your points a value of 0.27 cents each. There are a lot of options to choose from with most being eVouchers (basically e-gift cards). Those options include, but are not limited to:

  • Adrenaline
  • Europcar
  • Flight Centre
  • Wish
  • Good Food
  • Dymocks
  • endota spa Freedom
  • Accor
  • Sephora
  • Amart Furniture
  • Bunnings
  • Coles
  • Pandora
  • Harvey Norman
  • Myer
  • Woolworths
  • Amazon.com.au
  • Boating Camping Fishing (BCF)
  • David Jones
  • Kmart
  • Super Cheap Auto
  • Target
  • BBQ Galore
  • JB Hi-Fi
  • Priceline
  • Rebel Sport

Do note that the cost in points can vary depending on which card you have. Some values might change once you're logged into your BOQ Rewards account. The table below lists the amount of points needed for basic redemptions. While it's not a "big" difference, some of the higher denominations will give you slightly (and I mean slightly) more value. You'll also want to note that some denominations may not be available with select retailers.

BOQ Q Rewards - Gift Card Redemptions
Denominations Cost In Points
$20 7,200 Points
$25 9,000 Points
$50 17,900 Points
$100 35,800 Points
$200 71,500
$300 107,200
$500 178,600

Apple Products

You can redeem you Q Rewards Points towards purchases in the Apple catalogue which includes products like the iPhone, iPad, Macbook, and Apple Watch. This will give your points a value of 0.21 cents. For example, a 128GB iPhone 12 Pro which would cost you A$1,699 on apple.com would cost you 772,300 Q Rewards Points.

Transfer Partners

BOQ Q Rewards Points can be transferred to the following programs:

  • Flybuys
  • Virgin Australia Velocity Frequent Flyer (3:1)

Do note that you cannot transfer rewards to your Q Rewards account.

BOQ Transfer Partners Calculator

You can use the BOQ Q Rewards Transfer Partners Calculator to calculate the transfer of Q Rewards Points to BOQ's partners.


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