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. |
0.99% p.a. for 28 months and then 21.99% p.a. |
$55 |
55 |
|
|
13.99% p.a. |
6.99% p.a. for 12 months and then 21.99% p.a. |
$55 |
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 |
|---|---|---|---|---|
|
20.99% p.a. |
No current offer |
$0 |
55 |
|
|
13.99% p.a. |
0.99% p.a. for 28 months and then 21.99% p.a. |
$55 |
55 |
|
|
13.99% p.a. |
6.99% p.a. for 12 months and then 21.99% p.a. |
$55 |
55 |
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 |
20.99% p.a. |
No current offer |
$124 $49 in the first year |
|
|
0.5 points per dollar on Visa, up to $100,000 per year |
20.99% p.a. |
No current offer |
$199 $99 in the first year |
|
|
1.5 points per dollar on Visa, uncapped |
20.99% p.a. |
No current offer |
$295 $199 in the first year |
|
|
0.75 points per dollar on Visa, up to $250,000 per year |
20.99% p.a. |
No current offer |
$370 |
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 |
20.99% p.a. |
No current offer |
$124 $49 in the first year |
|
|
0.5 points per dollar on Visa, up to $100,000 per year |
20.99% p.a. |
No current offer |
$199 $99 in the first year |
|
|
1.5 points per dollar on Visa, uncapped |
20.99% p.a. |
No current offer |
$295 $199 in the first year |
|
|
0.75 points per dollar on Visa, up to $250,000 per year |
20.99% p.a. |
No current offer |
$370 |
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, up to $100,000 per year |
20.99% p.a. |
No current offer |
$199 $99 in the first year |
|
|
0.75 points per dollar on Visa, up to $250,000 per year |
20.99% p.a. |
No current offer |
$370 |
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.
BankSA has been my bank of choice for over 30 years. The staff are friendly and helpful and their products are competitive compared to other banks. In recent years, their rewards programs (Qantas points) has been a huge factor in keeping me as a customer. As per most banks, the one criticism I have is that their opening hours do not really reflect the needs of the average fulltime working person. While their website is very easy to navigate, some interactions need to occur in person, and it is hard to do this with the current opening hours.
Read full reviewBankSA has been my bank of choice for over 30 years. The staff are friendly and helpful and their products are competitive compared to other banks. In recent years, their rewards programs (Qantas points) has been a huge factor in keeping me as a customer. As per most banks, the one criticism I have is that their opening hours do not really reflect the needs of the average fulltime working person. While their website is very easy to navigate, some interactions need to occur in person, and it is hard to do this with the current opening hours.
I absolutely love this bank
Read full reviewI absolutely love this bank
Very lazy bank. I never recommend anyone to bank SA. I applied for a credit card and it's conditionally approved every time, they request the documents and they take 1 week to approved the documents. Poor communication. Poor customer service.
Read full reviewVery lazy bank. I never recommend anyone to bank SA. I applied for a credit card and it's conditionally approved every time, they request the documents and they take 1 week to approved the documents. Poor communication. Poor customer service.
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. :)
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.