Bank of us Credit Cards

Why choose Bank of us

Benefits

Very low interest rates
Moderately low annual fee
Moderately high interest-free period

Drawbacks

No rewards scheme
No sign-on bonuses
No platinum offering

About Bank of Us credit cards

Unlike the big four banks in Australia, Bank of Us offers a thin range of cards to their customers. Because it’s a customer-owned bank, Bank of Us is able to provide low-cost options. Bank of Us does not offer travel cards, frequent flyer cards, platinum cards or student cards. Instead, it delivers no-frills choices intended for everyday use.

Bank of Us credit cards have a moderately high number of interest-free days. The cards charge a moderately low annual fee and a moderate late payment fee.

Typically, Bank of Us credit cards do not come with any introductory offers or perks. Customers do not earn rewards.

In general, Bank of Us credit card rates are very low. Bank of Us credit cards offer the same interest rate on purchases, cash advances and balance transfers.

Bank of Us credit card review

Bank of Us credit cards are simple and straightforward, providing a low-cost option to Bank of Us customers. Because it is a customer-owned bank, it’s able to bring costs down and provide lower rates and fees.

Bank of Us credit card rates are generally low and remain the same for purchases, cash advances and balance transfers. The cards charge a moderately low annual fee and moderate late fee, with a moderately high number of interest-free days.

Bank of Us does not offer rewards cards, which may make them unattractive for customers who want to earn cash, points or frequent flyer miles as they spend. Rather, the credit cards are designed for those who want low fees and low rates without having to pay extra for perks or benefits.

Customers can apply for Bank of Us credit cards within a bank branch or by filling out an online application.

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About our expert

Mark Bristow

Personal Finance Editor

Mark Bristow is RateCity's Home & Personal Finances Editor, and an experienced analyst, researcher, and producer. While primarily focused on Australian mortgage and home loan expertise, he has experience across energy, home and travel insurances. Mark has been a journalist and writer in the financial space for over ten years, previously researching and writing commercial real estate at CoreLogic. In the years since, Mark has worked for the Winning Group, Expedia, and has seen articles published at Lifehacker and Business Insider.

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.