BankSA Vertigo

13.74% p.a.

0% p.a. for 18 months and then 19.49% p.a. (1.00% balance transfer fee)

$55

BankSA Vertigo Review

Review published: 28 June 2018

What's hot:

  • 0% balance transfer rate for first 18 months (1% BT fee)

  • 13.74% purchase rate

  • Up to 55 interest free days

What's not:

  • 19.49% cash advance rate

Mozo snapshot:

If you’re looking for a card to help you get a handle on existing credit card debt, then the BankSA Vertigo may be the card for you. The card comes with a 0% balance transfer rate for 18 months, although keep in mind this is accompanied by a 1% balance transfer fee. There’s also up to 55 interest free days, a 13.74% purchase rate and a $55 annual fee that make this a pretty budget-friendly piece of plastic.

Key features:

The BankSA Vertigo is a budget-friendly option for users who want the convenience of plastic without the high price tag. It comes with a relatively low annual fee of $55 and interest rate of 13.74%. And what's more, you'll get up to 55 interest free days each month before you pay any interest at all.

For cardholders wanting to get a handle on a lingering balance, one of the best features that the BankSA Vertigo credit card is equipped with is the 18 months of 0% balance transfer rate. So, if you’re looking to blast your credit card debt, this offer gives you a solid year and a half to pay it off, before you start to pay any interest on it. Although remember that when you initially transfer you’ll be hit with a 1% balance transfer fee.

Want to share the card with a significant other? No problem! You can get an additional cardholder, for no additional fee.

Who it's good for:

The BankSA Vertigo is great for someone who is looking to blast existing credit card debt with the 18 months 0% balance transfer offer, or just wants a low cost piece of plastic for everyday spending.

Any catches?

While the balance transfer rate is 0% for the first 18 months, after that it’ll shoot up to the balance transfer rate of 19.49% for any lingering balance, which is a rate you want to avoid paying. So make sure you have a payment plan in place to clear your balance before the zero interest period runs out.

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

BankSA

BankSA Vertigo credit card review

Overall rating   6 / 10

Good

Interest free balance transfers

Full review

Interest free balance transfers

    Price   6 / 10

    Features   6 / 10

    Customer service   6 / 10

    Convenience   6 / 10

    Trust   5 / 10

Less

Terri (VIC), reviewed over 2 years ago

BankSA

BankSA Vertigo credit card review

Overall rating   9 / 10

Friendly customer service. Reasonable interest.

On the whole good customer service. Banking options explained well.

Full review

On the whole good customer service. Banking options explained well.

    Price   10 / 10

    Features   6 / 10

    Customer service   9 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Marina (SA), reviewed almost 3 years ago

BankSA

BankSA Vertigo credit card review

Overall rating   4 / 10

No incentive for loyalty from customers

They have closed a few CBD branches.

Full review

They have closed a few CBD branches.

    Price   2 / 10

    Features   2 / 10

    Customer service   4 / 10

    Convenience   2 / 10

    Trust   3 / 10

Less

Tina (SA), reviewed almost 3 years ago

BankSA

BankSA Vertigo credit card review

Overall rating   8 / 10

Great card

Great card, easy to deal with bank, always no hassle.

Full review

Great card, easy to deal with bank, always no hassle.

    Price   8 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Jacinda (SA), reviewed about 3 years ago

BankSA

BankSA Vertigo credit card review

Overall rating   6 / 10

Great product

Great rate, great product leads to great spending.

Full review

Great rate, great product leads to great spending.

    Price   9 / 10

    Features   9 / 10

    Customer service   4 / 10

    Convenience   4 / 10

    Trust   6 / 10

Less

Lina (SA), reviewed about 3 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

  • 13.74% p.a.

  • none

  • 0% p.a. for 18 months and then 19.49% p.a. (1.00% balance transfer fee)

  • yes

  • 19.49% p.a.

  • 55

Fees

  • $55.00

  • 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

  • 1

  • 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.

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