Australian Military Bank Low Rate Visa Credit Card
11.99% p.a.
0% p.a. for 12 months and then 11.99% p.a.
$49
n/a
Australian Military Bank Low Rate Visa Credit Card
11.99% p.a.
0% p.a. for 12 months and then 11.99% p.a.
$49
n/a
Australian Military Bank Low Rate Visa Credit Card
11.99% p.a.
0% p.a. for 12 months and then 11.99% p.a.
$49
n/a
Mozo Review Australian Military Bank Low Rate Visa Credit Card Review
Last updated: 11 September 2019.
What's hot:
Mozo Experts Choice Awards Winner 2018
0% balance transfer rate for 12 months
Low 11.99% purchase rate
What's not:
$10 late payment fee
Mozo snapshot:
If you're in the market for a new credit card that has all the top features you'd want like low purchase rate, low annual fee and 45 interest free days, then you can't go past Australian Military Bank's Low Rate Visa Credit Card. And if you're looking to save on credit card interest by switching cards, there's even better news - the Low Rate Visa Card was awarded a 2018 Mozo Experts Choice Award in the balance transfer category for its 0% balance transfer rate for 12 months, and low revert rate of 11.99%.
Key features:
The Low Rate Visa Card has an ongoing purchase rate of 11.99% which is up there with the lowest purchase rates in the market, so this could be a good credit card if you do tend to carry a balance. If you pay your balance off in full each month though, you'll get up to 45 days interest free. There is a $49 annual fee to weigh up though.
The card is connected the Visa network, so you can use it in Australia or overseas wherever Visa is accepted. You'll also be able to tap and go for purchases under $100 as the card has PayWave functionality. If you use the card overseas, you will pay a 2.95% foreign exchange margin on purchases, although this is relatively standard for most credit cards.
Where the Low Rate Visa Card can offer some real value is if you're looking to save money by transferring a balance from another credit card. That's because it currently offers a 0% balance transfer rate for 12 months, and unlike many other credit cards that revert to the cash advance rate after the balance transfer period, any remaining balance will revert to the low 11.99% purchase rate.
Who it's good for:
The Low Rate Visa Card could be suitable for a range of people - whether you're looking for a low rate card or want to get on top of your credit card debt and save on interest repayments by making use of the handy balance transfer offer.
Any catches?
You'll need to be at least 18 years old, a citizen or permanent resident of Australia and currently be employed or receiving a regular income to apply. There's also a $10 late payment fee, but this can be easily avoided by setting up automatic monthly repayments.
Details
Rates and fees information correct as at 16 September 2019 Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
11.99% p.a.
-
none
-
0% p.a. for 12 months and then 11.99% p.a.
-
no
-
19.99% p.a.
-
45
Fees
-
$49.00
-
none
-
none
-
none
-
$10.00
-
$4.50
-
2.95%
-
$2.50
-
$35.00
-
$0.00
Features
-
$20.00
-
2.0
-
yes
-
none
Payment options
In-App
Customer Reviews
How are Australian Military Bank credit cards rated by the Mozo community?
Latest reviews of Australian Military Bank Low Rate Visa Credit Card
- Overall8/10
Adequate
Suits me!
Read full review
Suits me!
Price8/10Features8/10Customer service8/10Convenience8/10Trust9/10Less
Jon | New South Wales
reviewed almost 4 years ago
- Overall5/10
Ggjj
Ggg
Read full review
Ggg
Price8/10Features6/10Customer service6/10Convenience7/10Trust7/10Less
Rakesh | New South Wales
reviewed almost 4 years ago
- Overall8/10
hello
Hello
Read full review
Hello
Price8/10Features7/10Customer service6/10Convenience7/10Trust3/10Less
Alex | Victoria
reviewed about 4 years ago
- Overall5/10
ok
ok
Read full review
ok
Price6/10Features6/10Customer service5/10Convenience5/10Trust5/10Less
Alexis | Queensland
reviewed over 4 years ago
- Overall7/10
Good product overall.
Good product not enough shop fronts.
Read full review
Good product not enough shop fronts.
Price8/10Features5/10Customer service7/10Convenience6/10Trust7/10Less
Bret | Tasmania
reviewed over 4 years ago
About Australian Military Bank
Australian Military Bank (previously known as ADCU) offers financial products to members of the Australian Defence Force, civilian employees, defence contractors and their families. As well as offering services to people associated with the defence force, the provider welcomes other individuals. Australian Military Bank offers a comprehensive range of saving and investment accounts, loans, insurance and financial advice especially designed for its members.
Promoted
Qantas Money
Qantas Premier Platinum
0% p.a. for 18 months and then 21.99% p.a.
19.99% p.a.
$299 $199 in the first year
Promoted
American Express
Qantas Ultimate Card
0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)
20.74% p.a.
$450
Promoted
Virgin Money
Virgin Australia Velocity Flyer Card - Purchase Rate Offer
0% p.a. for 6 months and then 20.99% p.a.
0% p.a. for 14 months then 20.74% p.a.
$129 $64 in the first year
Promoted
Qantas Money
Qantas Premier Everyday
0% p.a. for 12 months and then 21.99% p.a.
19.99% p.a.
$49 $29 in the first year
Promoted
NAB
Qantas Rewards Signature Card
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
19.99% p.a.
$395 $295 in the first year
Promoted
Qantas Money
Qantas Premier Platinum
1 point per dollar on Mastercard, up to $10,000 per month, then
0.5 points per dollar on Mastercard, uncapped
19.99% p.a.
$299 $199 in the first year
Promoted
CUA
Platinum Credit Card
1 point per dollar on Mastercard, up to 100000 points per year
19.99% p.a.
$149 $0 in the first year
Promoted
American Express
Qantas Ultimate Card
1.25 points per dollar on Amex, uncapped
20.74% p.a.
$450
Promoted
Virgin Money
Virgin Australia Velocity Flyer Card - Purchase Rate Offer
0.66 points per dollar on Visa, up to $1,500 per month, then
0.5 points per dollar on Visa, uncapped
20.74% p.a.
$129 $64 in the first year
Promoted
Qantas Money
Qantas Premier Everyday
0.75 points per dollar on Mastercard, up to $3,000 per month, then
0.4 points per dollar on Mastercard, uncapped
19.99% p.a.
$49 $29 in the first year
Promoted
ANZ
Frequent Flyer Black
1 point per dollar on Visa, up to $7,500 per month, then
0.5 points per dollar on Visa, uncapped
20.24% p.a.
$425
Promoted
NAB
Qantas Rewards Signature Card
1 point per dollar on Visa, up to $5,000 per month, then
0.5 points per dollar on Visa, up to $20,000 per month
19.99% p.a.
$395 $295 in the first year
Promoted
HSBC
Platinum Credit Card (Special Offer)
1 point per dollar on Visa, up to 10000 points per month
19.99% p.a.
$129 Refunded when you spend over $6,000 p.a
Promoted
Qantas Money
Qantas Premier Platinum
0% p.a. for 18 months and then 21.99% p.a.
$299 $199 in the first year
19.99% p.a.
Promoted
ANZ
Platinum
0% p.a. for 18 months and then 20.24% p.a. (2.00% balance transfer fee)
$87 $0 when you spend over $20,000 p.a, $0 in the first year
20.24% p.a.
Promoted
Qantas Money
Qantas Premier Everyday
0% p.a. for 12 months and then 21.99% p.a.
$49 $29 in the first year
19.99% p.a.
Promoted
Virgin Money
Virgin Australia Velocity Flyer Card - Purchase Rate Offer
0% p.a. for 6 months and then 20.99% p.a.
$129 $64 in the first year
0% p.a. for 14 months then 20.74% p.a.
Promoted
HSBC
Platinum Credit Card
0% p.a. for 12 months and then 21.99% p.a.
$129 Refunded when you spend over $6,000 p.a
0% p.a. for 12 months then 19.99% p.a.
Promoted
NAB
Qantas Rewards Signature Card
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
$395 $295 in the first year
19.99% p.a.
Promoted
American Express
Velocity Escape Card
0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)
$0
20.74% p.a.
Promoted
CUA
Platinum Credit Card
0% p.a. for 13 months and then 21.74% p.a.
$149 $0 in the first year
19.99% p.a.
Promoted
Virgin Money
Virgin Australia Velocity Flyer Card - Purchase Rate Offer
0% p.a. for 14 months then 20.74% p.a.
$129 $64 in the first year
0% p.a. for 6 months and then 20.99% p.a.
Promoted
NAB
Low Rate Card
0% p.a. for 6 months then 13.99% p.a.
$59
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
Promoted
Virgin Money
Virgin Australia Velocity Flyer Card - Purchase Rate Offer
0% p.a. for 14 months then 20.74% p.a.
0% p.a. for 6 months and then 20.99% p.a.
$129 $64 in the first year
Promoted
HSBC
Platinum Credit Card (Special Offer)
0% p.a. for 12 months then 19.99% p.a.
0% p.a. for 22 months and then 21.99% p.a.
$129 Refunded when you spend over $6,000 p.a
Promoted
NAB
Low Rate Card
0% p.a. for 6 months then 13.99% p.a.
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
$59
Promoted
HSBC
Platinum Credit Card
0% p.a. for 12 months then 19.99% p.a.
0% p.a. for 12 months and then 21.99% p.a.
$129 Refunded when you spend over $6,000 p.a
Promoted
NAB
Low Rate Platinum Card
0% p.a. for 15 months then 13.99% p.a.
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
$100
Promoted
Bankwest
Breeze Platinum Mastercard
9.90% p.a.
0% p.a. for 6 months and then 9.90% p.a. (2.00% balance transfer fee)
$99 $0 in the first year
