based on 447 BankVic product reviews as rated by Mozo community

BankVic credit cards

BankVic is member-owned and offers its products to police, health, public service and emergency services workers as well as their friends and family. If that sounds like you, and if you’re after a convenient and cost-effective credit card, then check out the options from BankVic below.

What credit cards do BankVic offer?

Rates and fees verified as correct at 13 April 2024. Other information correct at the time of writing. Advertiser disclosure.

Low rate credit cards

Do you tend to carry a balance on your credit card? A low rate option from BankVic might be just what you need to help keep interest costs as low as possible. This card is great for spenders who are after the convenience of a credit card, without the hassle.

Product Purchase rate Balance transfer rate Annual fees Interest free days on purchases

8.99% p.a. for 6 months then 13.95% p.a.

8.99% p.a. for 6 months and then 13.95% p.a.

$0

44

Low fee credit cards

Keep your credit card bill at rock bottom with an annual fee free credit card from BankVic. Also packing a low interest rate, this card is a perfect addition to the thrifty spenders wallet.

Product Purchase rate Balance transfer rate Annual fees Interest free days on purchases

8.99% p.a. for 6 months then 13.95% p.a.

8.99% p.a. for 6 months and then 13.95% p.a.

$0

44

8.99% p.a. for 6 months then 18.95% p.a.

8.99% p.a. for 6 months and then 18.95% p.a.

$0

55

Rewards credit cards

Sick of trying to work out how much your rewards points are worth? A rewards card from BankVic does away with that problem - your rewards are credited back to your card in dollar form, so you know exactly what you’ve earned. Check it out below:

Product Points per dollar Purchase rate Balance transfer rate Annual fees

0.5 points per dollar on Visa, uncapped

8.99% p.a. for 6 months then 18.95% p.a.

8.99% p.a. for 6 months and then 18.95% p.a.

$0

Frequent flyer credit cards

Product Points per dollar Purchase rate Balance transfer rate Annual fees

0.5 points per dollar on Visa, uncapped

8.99% p.a. for 6 months then 18.95% p.a.

8.99% p.a. for 6 months and then 18.95% p.a.

$0

Frequently Asked Questions about BankVic credit cards

What is the interest free period on my BankVic credit card?

If you opt for the Silver low rate credit card from BankVic, you’ll have a period of up to 44 days in which to pay off purchases before being charged interest on them. If you opt for the Gold rewards card, you’ll have slightly longer, up to 55 days.
Remember to use these days to their full potential and try to pay off balances before your interest free period is up to save money on your credit card bill!

What fees might I be charged?

You’ll be up for cash advance and foreign exchange fees no matter which BankVic credit card you choose. If you're after a rewards option, you’ll pay an annual fee for the privilege, but if you’re looking for a convenient low rate card, you can forget about the annual fee entirely.

What’s the minimum repayment amount I must make?

Each time you get a credit card statement from BankVic, it will show both the minimum payment you need to make, as well as how much you’d need to pay if you wanted to banish your entire credit card debt within two years.

The minimum payment will be either 2.5% of your closing balance or $20, whichever is greatest. If your balance is lower than $20, you’ll have to pay the whole thing. Plus, any past due or overlimit charges will also have to be paid as part of your monthly minimum.

Can I use my BankVic credit card for a balance transfer?

You can do a balance transfer on either one of the credit cards on offer from BankVic. The zero interest period is relatively short compared to a lot of other balance transfer deals though, so make sure you have a payment plan in place to blast your debt before the interest free period is up. If you don’t, any leftover balance will then begin to accumulate interest at the regular rate.

Can I use my BankVic credit card while I’m travelling overseas?

A BankVic credit card may be the perfect addition to a globetrotting wallet. Because they work on the VISA network, BankVic credit cards enable you to access funds all around the world to make your international travel that much easier. Just be sure to keep one eye on the foreign exchange rates

Does payWave work with my BankVic credit card?

Yep! PayWave is a VISA scheme, so it will work on any VISA card with an enabled chip. So for small purchases under $100, you can simply tap your card and be on your way. For more information on how it all works, check out our on contactless payments guide.

What rewards options do I have with my BankVic credit card?

If you opt for a rewards card from BankVic, you’ll get a bunch of free perks, like complimentary travel insurance, extended warranty and purchase protection. You’ll also get the chance to earn rewards with your spending - but not by accumulating rewards points.

Instead of all the inconvenience of trying to calculate rewards points, your rewards are instead credited directly back to your credit card in dollar form - so you’ll know exactly what you have to spend, and be able to spend it anywhere you like.

Now for the nitty gritty details:

You earn $1 for every $250 spent

Points are capped at $5,000 value monthly

Points have no expiry date

How does BankVic protect me from credit card fraud?

Although credit card fraud is a risk associated with using your credit card, there are security measures that BankVic take to limit that risk.

BankVic monitor your card 24/7 for suspicious behaviour with a fraud management service called ORION, so that they can contact you and freeze your card if anyone does start using it inappropriately.

While that’s great for your security, it also means you should remember to contact BankVic and let them know if you’re going overseas and using your credit card - a few bar tabs in Tahiti might start to look suspicious otherwise!

How are BankVic credit cards rated?

Mozo users have rated BankVic credit cards on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of credit-cards
BankVic credit cards
Overall
Price
Features
Customer service
Convenience
Trust

36 Reviews

Recent BankVic credit card reviews

BankVic Credit Card
Overall 9/10
Great service, safe secure and reliable

We really love this bank as they have been ours for years, the credit card is easy to use, accepted everywhere, never been hacked or scammed and the cash back credit easily covers the annual fee every year, really like having a credit card for nothing. As a younger couple we appreciate that it covers itself and the team in person are fantastic and very helpful. Definitely recommend them

Read full review

We really love this bank as they have been ours for years, the credit card is easy to use, accepted everywhere, never been hacked or scammed and the cash back credit easily covers the annual fee every year, really like having a credit card for nothing. As a younger couple we appreciate that it covers itself and the team in person are fantastic and very helpful. Definitely recommend them

Price
8/10
Features
8/10
Customer service
8/10
Convenience
5/10
Trust
10/10
Less
Andrew, Victoria, reviewed 18 days ago
BankVic Qantas Visa
Overall 10/10
Excellent Service from BankVic

I have been with BankVic for 37 years. I do all of my banking with them and I have had a couple or mortgages and various loans over the years. During that time, I loved their service, professionalism and caring. I recently had an issue where I felt quite let down by BankVic. Now, this could turn into a rant, but instead I documented what my issue was, how I felt and forwarded this to the senior management of BankVic. I did this before I posted to review sites as I wanted to give them the opportunity to respond. I have to say that I have been blown away by the excellent service that has gone beyond anything I have ever experienced with a Bank. I had a senior person (who was on holidays) responding to me within minutes of me sending them my issues. Not only that there was a timeline for their response and a real human understanding of my issue. I was dealt with better than I have ever been over the previously 37 years with BankVic. I went from being angry and upset with BankVic to understanding why I had the issue to being full of praise for the handling of the resolution. It wasn’t just resolved satisfactorily; it was resolved magnificently. I had really underestimated BankVic, their service was exceptional. I know that we all have different experiences, but over the years I have been treated well. Over the past couple of days, I have been treated fantastically and exceptionally by BankVic staff at all levels. I could not rate them higher. To everyone posting, I had similar issues to some of you. I recommend talking/email them with your concerns. I now know that the current BankVic Board do listen to members and their concerns and will try to resolve the issues. I know that I am sounding like a fanboy, but I have been absolutely blown away with the response to my issue, the resolution process and the outcome! Thank you BankVic.

Read full review

I have been with BankVic for 37 years. I do all of my banking with them and I have had a couple or mortgages and various loans over the years. During that time, I loved their service, professionalism and caring. I recently had an issue where I felt quite let down by BankVic. Now, this could turn into a rant, but instead I documented what my issue was, how I felt and forwarded this to the senior management of BankVic. I did this before I posted to review sites as I wanted to give them the opportunity to respond. I have to say that I have been blown away by the excellent service that has gone beyond anything I have ever experienced with a Bank. I had a senior person (who was on holidays) responding to me within minutes of me sending them my issues. Not only that there was a timeline for their response and a real human understanding of my issue. I was dealt with better than I have ever been over the previously 37 years with BankVic. I went from being angry and upset with BankVic to understanding why I had the issue to being full of praise for the handling of the resolution. It wasn’t just resolved satisfactorily; it was resolved magnificently. I had really underestimated BankVic, their service was exceptional. I know that we all have different experiences, but over the years I have been treated well. Over the past couple of days, I have been treated fantastically and exceptionally by BankVic staff at all levels. I could not rate them higher. To everyone posting, I had similar issues to some of you. I recommend talking/email them with your concerns. I now know that the current BankVic Board do listen to members and their concerns and will try to resolve the issues. I know that I am sounding like a fanboy, but I have been absolutely blown away with the response to my issue, the resolution process and the outcome! Thank you BankVic.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Damian, Victoria, reviewed 9 months ago
BankVic Low Rate Visa
Overall 10/10
BankVic an Australian member-owned mutual bank

This Bank, my bank is an Australian member-owned mutual bank - which offers many bundled producs, provides diligent and conscientious customer service, which cant be beaten, and is competitively priced.

Read full review

This Bank, my bank is an Australian member-owned mutual bank - which offers many bundled producs, provides diligent and conscientious customer service, which cant be beaten, and is competitively priced.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Maria, Victoria, reviewed 9 months ago
BankVic Low Rate Visa
Overall 7/10
How a bank used to be

BankVic has great customer service.

Read full review

BankVic has great customer service.

Price
9/10
Features
5/10
Customer service
8/10
Convenience
8/10
Trust
9/10
Less
John, Victoria, reviewed over 4 years ago
BankVic Credit Card
Overall 9/10
Customer service is good

They do what they are supposed to do, look after your funds'. Any unusual transactions on your account, they'll contact you to confirm or deny the transaction.

Read full review

They do what they are supposed to do, look after your funds'. Any unusual transactions on your account, they'll contact you to confirm or deny the transaction.

Price
10/10
Features
8/10
Customer service
10/10
Convenience
5/10
Trust
9/10
Less
Colin, Victoria, reviewed about 6 years ago

What do you need to apply for a BankVic credit card?

To apply for a credit card with BankVic, you must be a member.

You can become a member if you are an Australian citizen or resident and either:

or

If you fit these eligibility requirements, you can apply online, over the phone, via fax or in a branch. To do so, have these details handy:

Credit card quick links