BankSA Vertigo Platinum

12.74% p.a.

0% p.a. for 24 months and then 19.49% p.a. (1.00% balance transfer fee)

$99

BankSA Vertigo Platinum Review

Rates and fees information correct as at 22 June 2018.

Review published: 25 October 2017

What's hot:

  • 2017 Mozo Experts Choice Winner

  • 12.74% purchase rate

  • 0% balance transfer rate for 24 months (1% BT fee)

  • Personal concierge service

What's not:

  • $15 late payment fee

Mozo snapshot:

A Mozo Experts Choice winner in 2017, the BankSA Vertigo Platinum credit card offers a low 12.74% purchase rate along with some premium benefits such as a personal concierge service. This credit card also offers a lengthy 0% balance transfer period of 24 months (1% BT fee), so you’ll have plenty of time to pay off any debt you’ve built up on other cards.

Key features:

To start with, this credit card offers the lowest variable purchase rate available for BankSA customers at 12.74% and you’ll be able to avoid interest on purchases entirely by capitalising on the 55 day interest free period, as long as your balance is paid in full by the end of each month. Aside from that, the Vertigo Platinum credit card boasts a 24 month period where you won’t pay any interest on balance transfers before reverting to the cash advance rate of 19.49%.

As mentioned, the cash advance rate is fairly high at 19.49% and you’ll also be charged a 2% or $2.50 fee to turn your credit into cash. With BankSA’s Vertigo Platinum credit card you’ll have to stump up $99 every 12 months in the form of an annual fee and you’re also liable for a $15 late payment fee if you fall behind on your repayments. The good news on the fee front is that you’ll have access to three cards without activating any additional cardholder fees.

This Vertigo Platinum card comes with a couple of enticing benefits. Not only will you get purchase insurance and personal concierge services with this credit card, but you’ll also have complimentary travel insurance. On that note, if you’re using this card abroad be aware that you’ll be paying a 3.00% foreign exchange margin.

Who it's good for:

If you’re after the perks of a platinum card without the high fees and interest associated with other cards, you will relish having access to Visa’s Platinum Concierge service. Think of this as a 24/7 personal assistant that can organise concert tickets, book holidays and plan special occasions.

Any catches?

Just keep in mind that, without any introductory offer, you’ll have to pay the $99 annual fee upfront and it might be worth automating your credit card payments to make sure you’re avoiding the $15 late payment fee.

How are BankSA credit cards rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
6.9

Based on 79
BankSA credit cards reviews

6.2 5.8 6.9 7.6 7.5

Read BankSA credit card reviews by the Mozo community

Latest reviews of BankSA Vertigo Platinum

BankSA

BankSA Vertigo Platinum credit card review

Overall rating   9 / 10

Competitive rates

Great service, except when visiting the branch the wait is too long.

Full review

Great service, except when visiting the branch the wait is too long.

    Price   9 / 10

    Features   9 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Judith (SA), reviewed about 2 years ago

BankSA

BankSA Vertigo Platinum credit card review

Overall rating   6 / 10

Should get more for your money

I just wish there was more understanding in personal situations .

Full review

I just wish there was more understanding in personal situations .

    Price   6 / 10

    Features   4 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   7 / 10

Less

Fairlie (SA), reviewed almost 3 years ago

BankSA

BankSA Vertigo Platinum credit card review

Overall rating   3 / 10

All the same

They're all the same. Statements can only be looked at for about 6 months. The way they show credit card info makes the 55 days interest free a joke as it's virtually impossible to know where you are at!

Full review

They're all the same. Statements can only be looked at for about 6 months. The way they show credit card info makes the 55 days interest free a joke as it's virtually impossible to know where you are at!

    Price   2 / 10

    Features   4 / 10

    Customer service   2 / 10

    Convenience   2 / 10

    Trust   4 / 10

Less

Rafael (SA), reviewed about 3 years ago

BankSA

BankSA Vertigo Platinum credit card review

Overall rating   10 / 10

Great customer service

They have been terrific in their overall help & understanding.

Full review

They have been terrific in their overall help & understanding.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Mike (SA), reviewed about 3 years ago

BankSA

BankSA Vertigo Platinum credit card review

Overall rating   10 / 10

Great customer service

I can ring my bank manager at anytime for any help that I did. On occasion overseas I needed to ring them as I didn't have a chip on my card and it couldn't be accepted in Switzerland. The bank got onto it straight away and cleared up the...

Full review

I can ring my bank manager at anytime for any help that I did. On occasion overseas I needed to ring them as I didn't have a chip on my card and it couldn't be accepted in Switzerland. The bank got onto it straight away and cleared up the problem. Great service.

    Price   8 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Mozo reviewer (SA), reviewed over 4 years ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

Rates

  • 12.74% p.a.

  • none

  • 0% p.a. for 24 months and then 19.49% p.a. (1.00% balance transfer fee)

  • yes

  • 19.49% p.a.

  • 55

Fees

  • $99.00

  • none

  • none

  • none

  • $15.00

  • 2%, Min $2.50

  • 3.00%

  • $2.00

  • $10.50

  • $0.00

Other financial bits

  • $10.00

  • 2.0

Features

  • 3

  • none

  • none

About BankSA

BankSA is the largest financial institution in South Australia, and boasts the largest network of branches and ATMs in the state. BankSA aims to help South Australians get the best from their money, and offers a wide range of bank accounts, home loans, personal loans, credit cards and other financial services.

**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.

Compare other credit cards
Advertisement