Bank Australia

Compare Bank Australia credit cards from the clean money bank.

Bank Australia credit cards

Balance transfer

N/A

Purchase rate

12.99% p.a. ongoing

Interest-free days

0 days

Annual fee

$59.00 p.a. ongoing

Details

  • Enjoy the advantage of a competitive 12.99% p.a. interest rate for both purchases and cash advances.
  • Plus, benefit from an annual fee of only $59.00.
  • Your credit journey starts with a minimum credit limit of $1,000, ensuring accessibility and flexibility.

Pros & cons

Pros
  • Low 12.99% p.a. interest rate on purchases.
  • Cash advances are also charged at the competitively low rate of 12.99% p.a.
  • Annual fee of $59 p.a.
  • Minimum credit limit of $1,000.
Cons
  • No interest-free days at all.
  • No balance transfer offer as of the moment.

Balance transfer

N/A

Purchase rate

20.24% p.a. ongoing

Interest-free days

55 days

Annual fee

$189.00 p.a. ongoing

Details

  • Experience a comprehensive credit card offering Qantas Points alongside complimentary travel insurance.
  • Earn 0.75 Qantas Points per $1 spent.
  • Enjoy up to 55 days interest-free.

Pros & cons

Pros
  • 20.24 % p.a. Variable interest rate.
  • Earn 0.75 Qantas Points for every $1 spent, plus 1 more for every $1 spent on Qantas products and services in Australia
  • Comes with complimentary overseas travel insurance.
Cons
  • There is a $59 p.a. additional card holder fee.
  • ATO spend does not earn Qantas points.

Balance transfer

N/A

Purchase rate

19.74% p.a. ongoing

Interest-free days

55 days

Annual fee

$0.00 p.a. ongoing

Details

  • Lifetime exemption from annual fees.
  • Maintain a fixed interest rate of 19.74% p.a. for purchases and cash advances.
  • Benefit from up to 55 days interest-free.

Pros & cons

Pros
  • No annual fee.
  • A competitive 19.74% p.a interest rate on purchases.
  • Low 19.74% p.a. rate also applies to cash advances.
  • Up to 55 days interest free.
  • Works with Apple Pay, Google Pay, and other digital wallets.
Cons
  • No balance transfer offer available.
  • Doesn't earn rewards or have a welcome bonus.

Bank Australia offers a range of credit cards designed to suit the diverse needs of customers in Australia. From low interest rate options to rewards cards, Bank Australia provides a variety of credit card choices.

Types of Bank Australia credit cards

Bank Australia offers a small selection of different types of credit cards, each tailored to a different type of customer.

Low rate credit cards

Bank Australia's low interest rate credit cards offer customers a competitive interest rate. These cards can help save on interest costs while carrying a balance and provide the convenience of a credit card for everyday spending.

No annual fee card

The Bank Australia Visa Credit Card offers a no-frills option with a no annual fee with a purchase rate of 19.74%. It can help minimise costs, particularly for people who only use their card for emergencies or repay their balance in full each month.

Rewards credit cards

For customers looking to earn rewards on their everyday spending, Bank Australia offers their own rewards credit card. These cards typically reward spending with points, allowing cardholders to redeem rewards for travel, merchandise, gift cards, etc.

How to apply for a Bank Australia credit card

Applying for a Bank Australia credit card is a straightforward process that can typically be done online. To apply for a Bank Australia credit card, follow these steps.

  1. Select the credit card that best fits your needs and financial requirements.
  2. Click through to the Bank Australia website and begin the online application (or speak to customer service).
  3. Fill out the online application form with your personal and financial details. Be factual and accurate.
  4. Submit the application and await approval.

Once your application is approved, you will receive your new Bank Australia credit card in the mail, along with instructions on how to activate and start using it.

Help choosing a Bank Australia credit card

Explore personalised assistance to identify the perfect Bank Australia credit card that suits your financial needs and aligns with your lifestyle.

  • FAQs

What are the eligibility criteria for applying for a Bank Australia credit card?

To apply for a Bank Australia credit card, you must be at least 18 years old, a resident of Australia, and meet certain income and creditworthiness criteria. Specific requirements can vary between credit card types, so it's advisable to check the details for the card you're interested in.

How long does it take for a Bank Australia credit card application to be approved?

The approval time for a Bank Australia credit card application can vary depending on individual circumstances and the completeness of the information provided. Generally, it can take from a few business days to a couple of weeks. For a more accurate timeline, contact Bank Australia directly.

What is the minimum credit limit offered on Bank Australia credit cards?

The minimum credit limit offered on Bank Australia credit cards typically starts from $1,000. However, the actual credit limit assigned will depend on your creditworthiness, income, and the bank's lending criteria.

Can I manage my Bank Australia credit card account online?

Yes, you can manage your Bank Australia credit card account online. By registering for internet banking through Bank Australia's website, you can access your account to view transactions, make payments, check your balance, and update personal details, among other functionalities.

Are there any additional fees or charges associated with Bank Australia credit cards?

Bank Australia credit cards may come with additional fees or charges, including annual fees, late payment fees, cash advance fees, and foreign transaction fees. The specifics can vary by card, so it's important to review the product disclosure statement (PDS) for the credit card you're considering for a comprehensive list of potential charges.

As seen on

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