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.
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.