Q Rewards Points Value Calculator: How Much Are They Worth?

Rewards Value Calculator
Calculate the average cash value of Q Rewards Points, calculate the transfer of points to partners, and get the details on redemption options.
Last Updated 2022-11-20 By R.Flowers III

Q Rewards Points can be converted to cash, used to wipe out a credit card purchases, and be redeemed for eVouchers from top retailers. You can also convert your Q Rewards to Flybuys or Virgin Australia Velocity if you have the BOQ Platinum credit card.

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).

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 about 0.21 cents.

BOQ Transfer Partners

If you have the BOQ Platinum Visa Card, you'll be able to transfer points to Flybuys and Virgin Australia Velocity. This can be great for topping off your account with either rewards programs if you're a few points shy of redemption.

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Q Rewards Points Value

Use the Q Rewards Points Value Calculator to calculate the cash value of Q Rewards Points based on the redemptions listed. You can enter any amount of points in the calculator.

Enter any amount of points to calculate the dollar value.
Q Rewards Points
Redemption options Average value
Gift cards and eVouchers $0
Transfers to Virgin Australia Velocity 0 Velocity Points
Transfers to Flybuys N/A

How To Earn Q Rewards Points

BOQ offers two Q Rewards credit cards that you can use to earn Q Rewards at a flat rate across all purchases.

Credit Card Benefits Annual Fee
  • Intro Bonus: 150,000 bonus Q Rewards® points
  • Earn 2 Q Rewards points per $1 spent on all eligible card purchases.
  • Transfer points to Flybuys and Velocity.
  • Receive complimentary international travel insurance for you and your family.
  • Be protected with guaranteed pricing scheme and complimentary purchase cover.
$129
  • Earn 1 Q Rewards point per $1 spent on all eligible card purchases.
  • Be protected with guaranteed pricing scheme and complimentary purchase cover.
$60
Calculate Total Rewards & Card Value Per $1 Spent For Australia Credit Cards
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