Bank First Visa Classic Credit Card

0% p.a. for 6 months then 12.94% p.a.

0% p.a. for 6 months and then 12.94% p.a.

$0

n/a

Bank First Visa Classic Credit Card

0% p.a. for 6 months then 12.94% p.a.

0% p.a. for 6 months and then 12.94% p.a.

$0

n/a

Mozo Review   Bank First Visa Classic Credit Card Review

Last updated: 18 October 2018.

What's hot:
  • Mozo 2018 Experts Choice winner

  • Low 12.94% purchase rate

  • 0% balance transfer and purchase rate for the first 6 months

What's not:
  • $20 late payment fee

  • $2.50 cash advance fee

Mozo snapshot:

Taking out an Experts Choice Award for No Annual Fee Credit Card is Bank First with its budget friendly Visa Classic Credit Card. Along with its 12.94% purchase rate, you’ll also have no annual fee, up to 55 interest free days and a 0% balance transfer and purchase rate for the first 6 months! So if you’re an Aussie with a frequent spending habit or you just need a piece of plastic to help get you through the day, the Bank First Visa Classic Credit Card may be your answer.

Key features:

The Visa Classic Credit Card will befriend any budget conscious spender, thanks to its no annual fee. If you’re looking to clear debt, you’ll be happy to know that there’s a 0% balance transfer for the first 6 months - which will then become 12.94% after this period has ended. You’ll also have a 0% purchase rate for the first 6 months before the 12.94% rate kicks in. 

If you ever need to postpone paying your full balance, there’s no need to sweat with the minimum repayment amount of $20, or 5%. However, there is a small cash advance fee of $2.50, along with the interest you will be charged, so if you’re someone who always likes to have cash handy, this minor fee could add up over time. And if you’re a frequent traveller or addicted to international online shopping, be sure to budget for the 2.5% foreign exchange margin. 


Who it's good for:

The Visa Classic Credit Card is a great choice for anyone who’s on the hunt for a low rate card, and isn’t interested in any additional extras.

Any catches?

While Bank First aims to provide simplicity with this low rate card, you’ll need to make sure you repay the minimal balance on time, or face the $20 late payment fee. And if you constantly find yourself on international online stores, the 2.5% foreign margin fee may take a swing at your bank account over time.

Details

Rates and fees information correct as at 26 April 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
  • 12.94% p.a.

  • 0% p.a. for 6 months

  • 0% p.a. for 6 months and then 12.94% p.a.

  • none

  • 12.94% p.a.

  • 55

Fees
  • $0.00

  • none

  • none

  • none

  • $20.00

  • $2.50

  • 2.50%

  • $2.00

  • none

  • $0.00

Features
  • $20.00

  • 5.0

  • yes

  • none

Customer Reviews

How are Bank First credit cards rated by the Mozo community?

Overall customer rating
8.7/10
Price
8.1/10
Features
6.6/10
Customer service
8.9/10
Convenience
8.2/10
Trust
9.3/10

Latest reviews of Bank First Visa Classic Credit Card

  • Overall
    9/10
    All calls are taken by people either Australian ac

    Great customer relations and any calls I make I can speak to someone with an Australian accept.

    Great customer relations and any calls I make I can speak to someone with an Australian accept.

    Price
    8/10
    Features
    8/10
    Customer service
    10/10
    Convenience
    4/10
    Trust
    10/10

    Shirley | Victoria

    reviewed over 3 years ago

  • Overall
    10/10
    Great VTMU service

    Does not have any extras, no fee, very simple, VTMU always ring if they are unsure of a...

    Does not have any extras, no fee, very simple, VTMU always ring if they are unsure of a transaction. Very happy with the card.

    Price
    10/10
    Features
    0/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Julie | Victoria

    reviewed over 3 years ago

  • Overall
    9/10
    They make house calls!

    I like this bank because they know my special interests are also their special interests. The...

    I like this bank because they know my special interests are also their special interests. The services are competitive and they make house calls.

    Price
    9/10
    Features
    7/10
    Customer service
    8/10
    Convenience
    9/10
    Trust
    10/10

    Geraldine | Victoria

    reviewed almost 4 years ago

  • Overall
    8/10
    Excellent customer service with good rates.

    I can talk to a consultant easily either via phone, online or by visiting the bank. If I visit...

    I can talk to a consultant easily either via phone, online or by visiting the bank. If I visit the bank, I am asked re the issue and within seconds I am speaking to someone. There is usually no lining up or waiting periods to talk to someone.

    Price
    9/10
    Features
    5/10
    Customer service
    8/10
    Convenience
    10/10
    Trust
    10/10

    Sue | Victoria

    reviewed almost 4 years ago

  • Overall
    9/10
    Service is excellent and rates are competitive.

    Charges are minimal, and is easy to use. Service is always about helping the customer, not the...

    Charges are minimal, and is easy to use. Service is always about helping the customer, not the bank.

    Price
    8/10
    Features
    8/10
    Customer service
    9/10
    Convenience
    9/10
    Trust
    9/10

    Kim | Victoria

    reviewed almost 4 years ago

Bank First

About Bank First

Formerly Victoria Teachers Mutual Bank, Bank First is an award winning financial institution with a competitive range of banking products including personal loans, home loans, term deposits and savings accounts. Founded by Australian educators in 1972, Bank First offers all Australians outstanding value but doesn't compromise on service or quality. Best of all, Bank First customers become equal shareholders which means all the benefits are directly returned to you.

See Bank First credit cards

Promoted

Qantas Money

Qantas Money

Qantas Premier Everyday

0% p.a. for 9 months and then 21.99% p.a.

0% p.a. for 9 months then 19.99% p.a.

$49

Promoted

ME

ME

frank Credit Card

No current offer

11.99% p.a.

$0

Promoted

Woolworths

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

American Express

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

28 Degrees

28 Degrees

Platinum Mastercard

No current offer

21.99% p.a.

$0

Promoted

Citi

Citi

Platinum (Purchase Rate Offer)

0% p.a. for 13 months and then 21.74% p.a. (1.00% balance transfer fee)

0% p.a. for 13 months then 20.99% p.a.

$149 $49 in the first year

Promoted

ANZ

ANZ

Low Rate

0% p.a. for 15 months and then 21.74% p.a.

12.49% p.a.

$58

Promoted

HSBC

HSBC

Platinum Credit Card

0% p.a. for 22 months and then 21.99% p.a.

19.99% p.a.

$129 Refunded when you spend over $6,000 p.a

Promoted

Qantas Money

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

Promoted

Woolworths

Woolworths

Everyday Platinum Credit Card

1 point per dollar on Visa, uncapped

19.99% p.a.

$49 $0 in the first year

Promoted

American Express

American Express

Qantas Ultimate Card

1.25 points per dollar on Amex, uncapped

20.74% p.a.

$450

Promoted

Citi

Citi

Platinum (Purchase Rate Offer)

1 point per dollar on Visa, up to $10,000 per month

20.99% p.a.

$149 $49 in the first year

Promoted

ANZ

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

Virgin Money

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

Citi

Citi

Platinum (Balance Transfer Offer)

1 point per dollar on Visa, up to $10,000 per month

20.99% p.a.

$199 $0 in the first year

Promoted

American Express

American Express

Explorer Credit Card

2 points per dollar on Amex, uncapped

20.74% p.a.

$395

Promoted

Woolworths

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 Money

Qantas Premier Everyday

0% p.a. for 9 months and then 21.99% p.a.

$49

0% p.a. for 9 months then 19.99% p.a.

Promoted

American Express

American Express

Qantas Ultimate Card

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

$450

20.74% p.a.

Promoted

HSBC

HSBC

Platinum Credit Card

0% p.a. for 22 months and then 21.99% p.a.

$129 Refunded when you spend over $6,000 p.a

19.99% p.a.

Promoted

ANZ

ANZ

Low Rate

0% p.a. for 15 months and then 21.74% p.a.

$58

12.49% p.a.

Promoted

Citi

Citi

Platinum (Balance Transfer Offer)

0% p.a. for 26 months and then 21.74% p.a. (1.50% balance transfer fee)

$199 $0 in the first year

20.99% p.a.

Promoted

Virgin Money

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

NAB

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

Qantas Money

Qantas Money

Qantas Premier Everyday

0% p.a. for 9 months then 19.99% p.a.

$49

0% p.a. for 9 months and then 21.99% p.a.

Promoted

ME

ME

frank Credit Card

11.99% p.a.

$0

No current offer

Promoted

ANZ

ANZ

Low Rate

12.49% p.a.

$58

0% p.a. for 15 months and then 21.74% p.a.

Promoted

Virgin Money

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

Latitude

Latitude

Low Rate Mastercard

11.99% p.a.

$69

No current offer

Promoted

Citi

Citi

Clear Platinum

12.99% p.a.

$99 $0 in the first year

0% p.a. for 14 months and then 21.74% p.a.

Promoted

NAB

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

NAB

NAB

Low Rate Platinum Card

0% p.a. for 15 months then 13.99% p.a.

$100

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)