Rates and fees verified as correct at 18 January, 2021. Other information correct at the time of writing. Advertiser disclosure.
On the other hand, if you tend to let your credit card balance roll over till the next month, you might be better off with a low rate card, to minimise the damage interest is doing to your savings account. Check out the low rate credit cards on offer from BankSA below.
| Product | Purchase rate | Balance transfer rate | Annual fees | Interest free days on purchases | |
|---|---|---|---|---|---|
| 13.99% p.a. | 0% p.a. for 24 months and then 21.49% p.a. | $55 $0 in the first year | 55 | Go to site | |
| 12.99% p.a. | 6.99% p.a. for 12 months and then 21.49% p.a. | $99 | 55 |
If you consistently pay your credit card bill on time you’re probably saving a bundle in interest. So don’t let that go to waste by paying high annual fees - instead, opt for a no fee credit card option from BankSA. Great for the savvy credit card user, your dollars won’t go astray with this piece of plastic.
| Product | Purchase rate | Balance transfer rate | Annual fees | Interest free days on purchases | |
|---|---|---|---|---|---|
| 20.74% p.a. | 0% p.a. for 12 months and then 21.49% p.a. (1.00% balance transfer fee) | $0 | 55 | Go to site | |
| 13.99% p.a. | 0% p.a. for 24 months and then 21.49% p.a. | $55 $0 in the first year | 55 | Go to site |
Want to be rewarded for your spending? Then add a BankSA rewards credit card to your wallet. Not only can you redeem points in return for a bunch of cool stuff, but if you opt for a premium rewards card, you can also cash in on extra features like your own personal concierge. Just remember that these cards come with higher rates and fees in return for all those perks.
| Product | Points per dollar | Purchase rate | Balance transfer rate | Annual fees | |
|---|---|---|---|---|---|
| 1 point per dollar on Visa, uncapped | 19.74% p.a. | 6.99% p.a. for 12 months and then 21.49% p.a. | $79 | ||
| 0.5 points per dollar on Visa, uncapped | 19.74% p.a. | 6.99% p.a. for 12 months and then 21.49% p.a. | $79 | ||
| 1 point per dollar on Visa, uncapped | 0% p.a. for 7 months then 19.74% p.a. | 0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee) | $99 $0 in the first year | Go to site | |
| 0.5 points per dollar on Visa, uncapped | 19.74% p.a. | 0% p.a. for 15 months and then 21.49% p.a. (1.00% balance transfer fee) | $99 | Go to site | |
| 1.5 points per dollar on Visa, uncapped | 19.74% p.a. | 0% p.a. for 6 months and then 21.49% p.a. | $279 $139 in the first year | Go to site | |
| 0.75 points per dollar on Visa, uncapped | 19.74% p.a. | 0% p.a. for 6 months and then 21.49% p.a. | $279 |
Looking for a premium credit card without the premium price tag? BankSA has got you covered. Although you could opt for the pricier premium rewards cards, if you’re not concerned about earning freebies with your spending, but you do want perks like complimentary insurance, you can save a bundle by opting for the less rewards heavy platinum offering from BankSA. Check it out below.
| Product | Points per dollar | Purchase rate | Balance transfer rate | Annual fees | |
|---|---|---|---|---|---|
| 1 point per dollar on Visa, uncapped | 0% p.a. for 7 months then 19.74% p.a. | 0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee) | $99 $0 in the first year | Go to site | |
| 0.5 points per dollar on Visa, uncapped | 19.74% p.a. | 0% p.a. for 15 months and then 21.49% p.a. (1.00% balance transfer fee) | $99 | Go to site | |
| 1.5 points per dollar on Visa, uncapped | 19.74% p.a. | 0% p.a. for 6 months and then 21.49% p.a. | $279 $139 in the first year | Go to site | |
| 0.75 points per dollar on Visa, uncapped | 19.74% p.a. | 0% p.a. for 6 months and then 21.49% p.a. | $279 | ||
|
| 12.99% p.a. | 6.99% p.a. for 12 months and then 21.49% p.a. | $99 |
Just know that all your rewards points are going to wind up redeemed for flights? Then why not streamline the process and bag on of BankSA’s Qantas cards, so your points will be automatically credited to your frequent flyer account? And with a choice of classic, platinum or signature, there’s a card to fit every budget.
| Product | Points per dollar | Purchase rate | Balance transfer rate | Annual fees | |
|---|---|---|---|---|---|
| 0.5 points per dollar on Visa, uncapped | 19.74% p.a. | 6.99% p.a. for 12 months and then 21.49% p.a. | $79 | ||
| 0.5 points per dollar on Visa, uncapped | 19.74% p.a. | 0% p.a. for 15 months and then 21.49% p.a. (1.00% balance transfer fee) | $99 | Go to site | |
| 0.75 points per dollar on Visa, uncapped | 19.74% p.a. | 0% p.a. for 6 months and then 21.49% p.a. | $279 |
Knowing how to use your interest free days can save you a bundle on credit card interest. With a BankSA credit card, you’ll have 55 days to pay off your balance before being charged interest. But keep in mind, these 55 days start at the beginning of your statement cycle, and not when you make a purchase.
There are a few guaranteed fees you should plan for when using a BankSA credit card for your spending. These include:
The annual fee (on all cards except the no annual fee option, surprisingly enough.)
Cash advance fees
Foreign exchange fees
Need to manage an existing credit card balance? A balance transfer deal could be just the thing you need to keep your spending on track and get rid of lingering credit card debts.
You can use any BankSA credit card for a balance transfer, although keep in mind that different cards offer different 0% interest periods. That’s important, because when this period runs out, you’ll be charged interest on any remaining balance at the much higher cash advance rate. So make sure that you know how long you have to pay off your transferred balance and have a plan in place to pay back everything you owe in the allotted time.
All the BankSA credit card offerings run on the VISA network, which means for small shops under $100, you can use payWave to make contactless payments.
Another good thing about your BankSA credit card running on the VISA network is that it’s accepted wherever in the world VISA is - so pretty much anywhere. Just keep in mind the foreign transaction fees before you go shopping up a storm.
If you’re opting for a platinum or signature card, don’t forget to check out your complimentary credit card travel insurance as well!
You can choose between a rewards card, so you can redeem points for a bunch of cool things like retail products, gift vouchers and travel through the BankSA Amplify Rewards Program, or a Qantas card, which will convert your rewards points straight into your Qantas frequent flyers account.
Check out the table below to see how many points you’ll earn per $1 you spend on each rewards card on offer:
| Rewards | Rewards | Qantas | Qantas | |
|---|---|---|---|---|
| Aus | Overseas | Aus | Overseas | |
| Classic | 1 | 0.5 | ||
| Platinum | 1 | 2 | 0.5 | 1 |
| Signature | 1.5 | 3 | 0.75 | 1.5 |
Keep in mind that platinum and signature cardholders will also be able to cash in on perks like complimentary insurance cover, concierge service and exclusive offers and events.
Opting for a premium credit card from BankSA? You’ll have access to a range of complimentary insurance covers along with your card, including:
Overseas travel insurance (for people up to 80 years old)
Purchase security insurance
Extended warranty insurance
If you’re going for the creme de la creme, a signature card, you’ll enjoy even more cover, including extras like:
Price guarantee cover
Interstate flight inconvenience insurance
Rental vehicle excess insurance in Australia
Transit accident insurance
Mozo users have rated BankSA credit cards on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
260 Reviews
Good trustworthy bank, great rewards and complimentary travel insurance.
Read full reviewGood trustworthy bank, great rewards and complimentary travel insurance.
BankSA is good, always used them and I've never had a problem. :)
Read full reviewBankSA is good, always used them and I've never had a problem. :)
It's fast and easy to use online.
Read full reviewIt's fast and easy to use online.
Great for ease of use, but nothing to gain in regards to bonuses.
Read full reviewGreat for ease of use, but nothing to gain in regards to bonuses.
I've had my Visa cards hacked a few times now and the bank has been so supportive and helpful with replacements and guidance.
Read full reviewI've had my Visa cards hacked a few times now and the bank has been so supportive and helpful with replacements and guidance.
You can apply for a BankSA credit card either online, over the phone or in a branch, as long as you’re 18 or older and a permanent Australian resident. Here are a few things you’ll need when applying for your new piece of plastic.
Check out our guide on applying for a credit card.
