Bank First is a customer owned financial institution based in Victoria, open to anyone in Australia over the age of 18.
It offers two credit cards, the Visa Classic and Visa Platinum, both featuring low variable interest rates, contactless payment options, and security features to keep your account safe.
Types of Bank First credit cards
Low interest rate credit cards
Both Bank First credit cards come with variable interest rates competitive with other low interest rate cards. The Bank First Visa Classic offers a 12.54% p.a. variable rate on purchases, cash advances, and balance transfers, plus no annual fee. The Bank First Visa Platinum provides an even lower variable rate of 11.49% p.a., with an annual fee of $99. Both cards offer interest-free days on purchases when you pay your balance in full by the due date each month.
Platinum credit cards
The Bank First Visa Platinum combines a low interest rate with platinum perks, including complimentary travel insurance and a platinum concierge service. This service can assist with tasks like making restaurant reservations, booking events, planning trips, or purchasing gifts. While some other platinum cards offer additional premium perks, consider whether these features justify the annual fee for your needs.
Benefits of a Bank First credit card
Customer owned bank
As a customer-owned bank, Bank First reinvests profits into projects and initiatives that benefit its members rather than shareholders. This structure can lead to more competitive accounts and supports ethical and community initiatives, giving customers a say in the bank's direction.
Mobile wallets
Bank First Visa credit cards are compatible with Apple Pay and Google Pay, allowing you to make contactless payments directly from your smartphone or device.
Visa benefits
Use your Bank First Visa Classic or Visa Platinum card for in-person, online, or over-the-phone payments anywhere Visa is accepted. Enjoy added security with Visa Secure when shopping online at participating merchants. Plus, access exclusive deals on shopping, dining, entertainment, and travel through Visa Offers + Perks.
Account management
Manage your account and check your balance through Bank First's internet banking or mobile app. You can also visit a branch or call 1300 654 822 for assistance.
How to apply for a Bank First credit card
Applying for an Bank First credit card is a straightforward process, you can apply online or in person.
- Research and compare the credit cards available to see which card suits you best.
- Check if you meet the eligibility criteria for the specific credit card you're choosing.
- Gather the necessary documentation, such as proof of income and identification.
- Submit your application through the bank's website (or visit a branch to apply in person).
Tip: learn how to get approved for the credit card of your choice.
