Bank Australia credit cards

Bank Australia
Bank Australia's overall rating for credit cards

(as rated by the Mozo community)

7.7 / 10

based on 43 reviews

Formerly known as bankmecu, Bank Australia is a 100% customer owned bank, which is pretty cool. They offer a range of credit cards to suit all budgets and spending styles - so check out all the details below to choose the best one for you!

Rates and fees verified as correct at 16 November, 2018. Other information correct at the time of writing.

What credit cards do Bank Australia offer?

Low rate credit cards Low rate credit cards

Credit card interest getting you down? Here’s the perfect solution: a low rate credit card from Bank Australia. This is one of the lowest rates on the market today, perfect for keeping down the costs on credit card balances.

Product Purchase rate Balance transfer rate Annual fees Interest free days

9.39% p.a.

No current offer

$59

0

12.39% p.a.

No current offer

$0

55


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Low fee credit cards Low fee credit cards

Always pay your credit card bill on time? Good for you! You’re probably saving a bundle in interest. But don’t let that saving savvy go to waste by paying massive annual fees - instead, opt for a no fee credit card from Bank Australia!

Product Purchase rate Balance transfer rate Annual fees Interest free days

9.39% p.a.

No current offer

$59

0

12.39% p.a.

No current offer

$0

55


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Rewards credit cards Rewards credit cards

Are you a frequent flyer? Cash in on Qantas frequent flyer points with a rewards credit card from Bank Australia. Plus, enjoy a bunch of cool freebies with this premium offering. Just keep an eye on the interest rate and annual fee - make sure the rewards points are worth it!

Product Points per dollar Purchase rate Balance transfer rate Annual fees

0.75 points per dollar on Visa, up to 20000 points per month

18.24% p.a.

No current offer

$189


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Prestige cards Prestige cards

If you’re after some luxury on your spend, check out the prestige credit card on offer from Bank Australia. This is a Qantas rewards option, so you’ll earn frequent flyer points on your spend, as well as enjoying premium perks like complimentary travel insurance and your own personal concierge.

Product Points per dollar Purchase rate Balance transfer rate Annual fees

0.75 points per dollar on Visa, up to 20000 points per month

18.24% p.a.

No current offer

$189


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Frequent flyer credit cards Frequent flyer credit cards

If you're looking to save on travel, this card is the perfect addition to your high-flying wallet. Rack up Qantas frequent flyer points with some serious rewards power, plus, enjoy premium perks like free international travel insurance.

Product Points per dollar Purchase rate Balance transfer rate Annual fees

0.75 points per dollar on Visa, up to 20000 points per month

18.24% p.a.

No current offer

$189


Hide

**Saving based on the average difference in fees and charges over 3 years between the most competitive product Mozo can refer a consumer to and the average credit card product input by 6,863 consumers (average balance of $4,262 or balance transfer balance of $5,818, interest rate of 19.6% and annual fee of $36.50) who used the Mozo Credit Card Health Check tool between 1 January 2012 to July 2012.

Frequently Asked Questions about Bank Australia credit cards

How many interest free days will I get with a Bank Australia credit card?

You’ll get 55 days to pay off purchases before being hit with interest on your Bank Australia credit card, unless you opt for the low rate option, which unfortunately doesn’t come with any interest free period. Making the most of your interest free period is one of the best ways to keep credit card costs down, so think carefully before you go for an option with no interest free days.

What fees might I be charged?

If you opt for the no fee option from Bank Australia you can skip the annual credit card fee, but the same can’t be said for the other options, which each pack an annual fee, though the rewards option is definitely the heftier of the two. Other costs to keep in mind include currency conversion and cash advance fees, which are higher for platinum cardholders.

Can I use my Bank Australia credit card for a balance transfer?

No, unfortunately, Bank Australia don’t offer balance transfers with their credit cards.

If you want to find a great balance transfer deal to take control of your credit card balance, check out our balance transfer comparison, or for more information, check out our dedicated balance transfer guide

Can I use contactless payment with my Bank Australia credit card?

Because Bank Australia credit cards work on the VISA network, you’ll be able to pay for purchases under $100 by tapping your card with the payWave system.

Can I use my Bank Australia credit card while I’m travelling overseas?

Yep! This is where VISA comes in handy again. Wherever VISA is accepted, you can use your Bank Australia credit card - and that’s pretty much everywhere.

What kind of rewards and bonuses does my Bank Australia credit card offer?

The Bank Australia rewards credit card is linked directly to the Qantas frequent flyer program, which means all your rewards points are automatically converted into frequent flyer points. They aren’t capped and never expire, so none of your spending will go to waste.

The card offers a pretty good return for your money - for every $1 you spend you get 1 Qantas point, and if you spend it on Qantas products, that jumps up to 2 points per $1.

How does Bank Australia protect me from credit card fraud?

Credit card fraud is something all credit card users should be aware of. There are some general rules about the way Bank Australia operates to help you identify things that might pose a security risk. Check them out in the table below:

Bank Australia will...Bank Australia will not...
Monitor your account for unusual activity.Send you emails asking for your personal or banking details.
Contact you about any unusual transactions by phone, email, post or SMS.Ask you for personal banking details, such as PIN numbers, over the phone, by SMS or email.
Restrict access to your account if unusual activity is detected and you can’t be contacted to verify it.Ask for information on your credit card - like your card number.
Allow you to verify your account over the phone.Ask you to log into or verify your account via email. Do not click any links in emails like this as it’s probably a scam!
Cold call you (contact you without you contacting them) and request remote access to your credit card account.

How are Bank Australia credit cards rated?

Mozo users have rated Bank Australia credit cards on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Bank Australia credit cards

Overall 7.7

Price

Features

Customer service

Convenience

Trust

43 Reviews

Recent Bank Australia credit card reviews Recent Bank Australia credit card reviews

Bank Australia

Bank Australia Visa Credit Card credit card review

Overall rating   10 / 10

Nice

Nice

Less

Makhela, Queensland, reviewed about 2 months ago

Bank Australia

Bank Australia Platinum Rewards Visa credit card review

Overall rating   7 / 10

Feel-good bank, but needs an app upgrade

This card had the best Qantas points earning rate in the market when I took it up, but they reduced it shortly after! It's still better than most. I also like their company values - customer owned, focus on being a good corporate citizen. It feels...

Full review

This card had the best Qantas points earning rate in the market when I took it up, but they reduced it shortly after! It's still better than most. I also like their company values - customer owned, focus on being a good corporate citizen. It feels good banking with them. But on the downside I would like to see them add more functionality to their app ... can't see statements, can't get alerts when the balance is getting high.

    Price   8 / 10

Less

Andrew, New South Wales, reviewed 12 months ago

Bank Australia

Bank Australia Visa Credit Card credit card review

Overall rating   8 / 10

Competitive, great value for money.

Bank Australia keeps me informed about their activities and the market. I feel safe with them.

Full review

Bank Australia keeps me informed about their activities and the market. I feel safe with them.

    Price   7 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   5 / 10

    Trust   8 / 10

Less

Alexandra, Victoria, reviewed over 2 years ago

Bank Australia

Bank Australia credit card review

Overall rating   5 / 10

Annoyed

I hate that its only Bpay to pay off credit card, takes a few days to register that I have put money on to my credit card.

Full review

I hate that its only Bpay to pay off credit card, takes a few days to register that I have put money on to my credit card.

    Price   5 / 10

    Features   2 / 10

    Customer service   10 / 10

    Convenience   2 / 10

    Trust   4 / 10

Less

Kylie, New South Wales, reviewed over 2 years ago

Bank Australia

Bank Australia Visa Credit Card credit card review

Overall rating   10 / 10

Great bank to be with will recommend to join

Always helpful - always willing to give help never pushy will never charge interest before calling you.

Full review

Always helpful - always willing to give help never pushy will never charge interest before calling you.

    Price   8 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Theo, New South Wales, reviewed over 2 years ago

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What do you need to apply for a Bank Australia credit card? What do you need to apply for a Bank Australia credit card?

So you’ve decided to apply for a Bank Australia credit card? Great! Here’s what you’ll need:

  • To be over 18
  • To be an Australian citizen or permanent resident
  • A regular income
  • To have never been bankrupt
  • I.D - which could include a driver’s license, medicare card or passport
  • Income details - gross and net salary, employment details and details of any other source of income (e.g. shares)
  • Approximate values of your assets (property, vehicles, savings, superannuation)
  • Details of any liabilities such as loans, other repayments or credit cards

For more info on applying for a credit card, check out our guide.

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