Australian Military Bank Low Rate Visa Credit Card
Australian Military Bank Low Rate Visa Credit Card
Mozo Review Australian Military Bank Low Rate Visa Credit Card Review
Last updated: 3 December 2018.
What's hot:
Mozo Experts Choice Awards Winner 2018
0% balance transfer rate for 12 months
Low 11.99% purchase rate
What's not:
Late payment fee applies
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 recently 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:
Anyone can apply for the Low Rate Visa Card, you don't need to be a member of the military to have an account with Australian Military Bank.
The card is connected the Visa network, so you can use the card in Australia or overseas wherever Visa is accepted. You can also just tap and go for purchases under $100 as the card has PayWave functionality. If you use the card overseas, you'll pay a 2.95% foreign exchange margin on purchases, which is standard for most credit cards.
Where this card offers real value is if you're looking to save money by transferring a balance from another credit card. It has 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 reverts to the low 11.99% purchase rate.
Who it's good for:
This credit card is 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.
You'll need to be at least 18 years old, a citizen or permanent resident of Australia and be currently employed or receiving regular income to apply.
Any catches?
There's 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 17 January 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 over 3 years ago
- Overall5/10
Ggjj
Ggg
Read full review
Ggg
Price8/10Features6/10Customer service6/10Convenience7/10Trust7/10Less
Rakesh | New South Wales
reviewed over 3 years ago
- Overall8/10
hello
Hello
Read full review
Hello
Price8/10Features7/10Customer service6/10Convenience7/10Trust3/10Less
Alex | Victoria
reviewed over 3 years ago
- Overall5/10
ok
ok
Read full review
ok
Price6/10Features6/10Customer service5/10Convenience5/10Trust5/10Less
Alexis | Queensland
reviewed over 3 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 3 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
Woolworths
Everyday Platinum Credit Card
0% p.a. for 14 months and then 21.99% p.a.
19.99% p.a.
$49 $0 in the first year
Promoted
Qantas Money
Qantas Premier Platinum Credit Card
0% p.a. for 18 months and then 21.99% p.a.
19.99% p.a.
$299 $149 in the first year
Promoted
CUA
Low Rate Credit Card
0% p.a. for 13 months and then 21.74% p.a.
11.99% p.a.
$49 $0 in the first year
Promoted
Australian Military Bank
Low Rate Visa Credit Card
0% p.a. for 12 months and then 11.99% p.a.
11.99% p.a.
$49
Promoted
American Express
Explorer Credit Card
0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)
20.74% p.a.
$395
Promoted
American Express
Velocity Escape Card
0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)
20.74% p.a.
$0
Promoted
Woolworths
Everyday Platinum Credit Card
1 point per dollar on Visa, uncapped
19.99% p.a.
$49 $0 in the first year
Promoted
Qantas Money
Qantas Premier Platinum Credit Card
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 $149 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
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
19.99% p.a.
$425
Promoted
American Express
Explorer Credit Card
2 points per dollar on Amex, uncapped
20.74% p.a.
$395
Promoted
Virgin Money
Virgin Australia Velocity Flyer Card - Balance Transfer 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
American Express
Velocity Escape Card
0.75 points per dollar on Amex, uncapped
20.74% p.a.
$0
Promoted
Coles
Rewards Mastercard
2 points per dollar on Mastercard, uncapped
19.99% p.a.
$99
Promoted
Woolworths
Everyday Platinum Credit Card
0% p.a. for 14 months and then 21.99% p.a.
$49 $0 in the first year
19.99% p.a.
Promoted
Qantas Money
Qantas Premier Platinum Credit Card
0% p.a. for 18 months and then 21.99% p.a.
$299 $149 in the first year
19.99% p.a.
Promoted
American Express
Explorer Credit Card
0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)
$395
20.74% p.a.
Promoted
CUA
Low Rate Credit Card
0% p.a. for 13 months and then 21.74% p.a.
$49 $0 in the first year
11.99% p.a.
Promoted
Australian Military Bank
Low Rate Visa Credit Card
0% p.a. for 12 months and then 11.99% p.a.
$49
11.99% 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
American Express
Essential Credit Card
0% p.a. for 12 months and then 14.99% p.a. (3.00% balance transfer fee)
$0
14.99% p.a.
Promoted
Citi
Platinum
0% p.a. for 24 months and then 21.74% p.a. (1.50% balance transfer fee)
$149 $49 in the first year
20.99% p.a.
Promoted
Australian Military Bank
Low Rate Visa Credit Card
11.99% p.a.
$49
0% p.a. for 12 months and then 11.99% p.a.
Promoted
CUA
Low Rate Credit Card
11.99% p.a.
$49 $0 in the first year
0% p.a. for 13 months and then 21.74% p.a.
Promoted
Bankwest
Breeze Platinum Mastercard
0% p.a. for 6 months then 12.99% p.a.
$99 $0 in the first year
0% p.a. for 26 months and then 12.99% p.a. (2.00% balance transfer fee)
Promoted
American Express
Essential Credit Card
14.99% p.a.
$0
0% p.a. for 12 months and then 14.99% p.a. (3.00% balance transfer fee)
Promoted
Bendigo Bank
Low Rate Mastercard
11.99% p.a.
$45 $0 in the first year
No current offer
Promoted
Bankwest
Breeze Platinum Mastercard
0% p.a. for 6 months then 12.99% p.a.
0% p.a. for 26 months and then 12.99% p.a. (2.00% balance transfer fee)
$99 $0 in the first year
Promoted
NAB
Low Rate Platinum Card
0% p.a. for 9 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 Mastercard
0% p.a. for 6 months then 12.99% p.a.
0% p.a. for 26 months and then 12.99% p.a. (2.00% balance transfer fee)
$79 $0 in the first year
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
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
