BankVic

Compare BankVic credit cards against those from other banks to see how they stack up in comparison.

BankVic credit cards

BankVic Low Rate Card

BankVic Low Rate Card

4.2

Balance transfer

6 months at 8.99% p.a.

Purchase rate

6 months at 8.99% p.a.

Interest-free days

Up to 44 days on purchases

Annual fee

$0.00 p.a. ongoing

Details

  • Transfer your balance to BankVic and lower your interest repayments.
  • Benefit from a low ongoing interest rate on carried-over balances.
  • Pay no annual fee for life.

Pros & cons

Pros
  • No annual fee for as long as you hold the card.
  • Consolidate debt and reduce interest with a balance transfer.
  • Up to 44 days interest-free.
  • Low interest on cash advances and balances carried over.
Cons
  • No rewards program.
  • International currency conversion fee of 3.65%
BankVic Qantas Visa Credit Card

BankVic Qantas Visa Credit Card

4.8

Balance transfer

6 months at 8.99% p.a.

Purchase rate

6 months at 8.99% p.a.

Interest-free days

Up to 55 days on purchases

Annual fee

$0.00 p.a. ongoing

Details

  • 8.99% p.a. for 6 months on purchases and balance. Reverts to 18.95% p.a. after the promotional period.
  • $0 annual fee.
  • Comes with complimentary Qantas Frequent Flyer membership.
  • Includes complimentary overseas travel insurance.

Pros & cons

Pros
  • Take advantage of the promotional rate on purchases and balance transfers.
  • No BT fee.
  • No annual fee ever.
  • Get an additional cardholder at no extra cost.
  • Earn 1 point for every $2 spent on eligible transactions.
  • Earn 1 point for $1 spent on Qantas flights.
  • Uncapped Qantas Points whenever you spend.
  • A low 2% currency conversion fee for international transactions.
  • Up to 55 interest-free days on purchases.
  • Credit limit range of $5,000 - $30,000.
Cons
  • There is no ongoing signup bonus promo for this card.
  • Exclusive to TPAV and VAU members only.

BankVic's credit card offering is aimed at the value-conscious spender or the rewards-seeking travel hacker.

Applying for a BankVic Credit Card

  • Online Application: BankVic provides a seamless online application process for credit cards. Fill out the necessary details, submit required documents, and wait for approval.
  • Eligibility Criteria: Understand the eligibility requirements for BankVic credit cards, including minimum income thresholds, credit history, and residency status.
  • Document Verification: Be prepared to provide proof of identity, income statements, and other relevant documents during the application process.
  • Approval Process: Once you submit your application, BankVic will review your details and credit history to determine approval. Approval times can vary.

Help choosing a BankVic credit card

Get personalised assistance in choosing the best BankVic credit card to suit your financial goals and lifestyle.

  • FAQs

How can I apply for a BankVic credit card?

To apply for a BankVic credit card, visit the BankVic website and navigate to the credit cards section. Choose the card that suits your needs and click on the apply button. Follow the prompts to fill in your personal and financial details. You can also apply by visiting a BankVic branch or calling their customer service.

What types of rewards can I earn with BankVic credit cards?

BankVic's Qantas Visa Credit Card lets you earn uncapped Qantas Points: 1 point per $2 spent on eligible transactions and 1 point per $1 spent on Qantas flights.

Do BankVic credit cards offer a balance transfer option?

Yes, BankVic credit cards offer a balance transfer option, allowing you to transfer balances from other credit cards at a lower interest rate. This can help consolidate debt and save on interest charges. Check the specific terms for the balance transfer rate and the period it applies.

How can I manage my BankVic credit card account online?

You can manage your BankVic credit card account online by registering for BankVic’s internet banking service. Once registered, you can view statements, make payments, check your rewards points balance, and update personal information.

Are there any additional benefits for frequent users of BankVic credit cards?

Frequent users of BankVic credit cards may receive additional benefits such as higher rewards points earning rates, complimentary insurance covers (including travel and purchase protection), and access to exclusive promotions and offers. The availability of these benefits varies by card, so review your card’s features and benefits.

As seen on

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