Important disclosure
Pros and cons
For Visa Credit Card
Benefits
- Lower than average ongoing variable purchase rate
- No Annual Fee
Drawbacks
- No reward program
- No balance transfer
- Does not offer free supplementary cards
Bank Australia Rate Credit card overview
For Visa Credit Card
Details
Card Level Standard | Card Type Visa |
Interest Free Days 55 | Minimum monthly repayment 2.5% or $20 |
Minimum credit limit $1k | Maximum credit limit $30k |
Free supplementary cards | Instant Approval |
Target Market Determination Visit Bank Australia Limited to view Target Market Determination. |
Fees
Annual Fee $0 | Annual Fee Spend Waiver |
Supplementary card annual fee $0 | Late Payment Fee $15 |
Over limit fee $20 | Duplicate statement fee $3 |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate 12.39% p.a |
Cash advance rate 12.39% |
Cash advance fee $3.5 |
Balance Transfer
Balance Transfer Rate Not Applicable |
Transfer Limit |
Balance Transfer Fee |
Overseas spending
Foreign Exchange Fee 3% on Visa |
Overseas charges $3.5 |
Estimated ATM Cost $12.5 for AU $300 withdrawal |
Rewards
Program name |
Rewards Available - |
Eligibility
Minimum age 18 |
Minimum income |
Eligibility conditions - |
Residency |
Other Restrictions
Balance Transfer not available