BankVic Visa Silver

6.99% p.a. for 6 months then 11.95% p.a.

6.99% p.a. for 6 months and then 11.95% p.a.

$0

n/a

BankVic Visa Silver

6.99% p.a. for 6 months then 11.95% p.a.

6.99% p.a. for 6 months and then 11.95% p.a.

$0

n/a

Mozo Review   BankVic Visa Silver Review

Last updated: 17 October 2018.

What's hot:
  • No annual fee

  • 6.99% introductory purchase rate

  • 44 interest free days

What's not:
  • $15 late payment fee

Mozo snapshot:

BankVic combines both low rates and low fees to make its Visa Silver credit card both extremely affordable upfront and low in ongoing costs. This credit card comes with a 6-month special 6.99% introductory purchase rate and no annual fee.  

Key features:

One of the most eye-catching features of BankVic’s Visa Silver credit card is its 6.99% introductory purchase rate that lasts for 6 months. After this, you’ll still only pay 11.95% interest on purchases and can avoid that cost entirely if you’re able to make the most of the 44 day interest-free period and pay your balance in full at the end of month. Another attractive aspect of this particular piece of plastic is the relatively low cash advance rate which also sits at 11.95% but keep in mind you need to pay the modest $1.80 cash advance fee when accessing cash with this card.

If you have outstanding debt on another credit card, BankVic also boast an introductory balance transfer rate of 6.99% for 6 months before reverting to the ongoing rate of 11.95%.

Another headline feature is the $0 annual card fee. BankVic have done away with the yearly credit card payment to make the Visa Silver easily accessible for its customers. The card does however come with a $15 late payment fee and a foreign exchange margin of 3.65% when using it during your overseas travels.

BankVic's Visa Silver also comes with a string of handy features that will make your everyday banking experience that little bit easier including Visa’s payWave feature, access to BankVic’s 24/7 online and telephone banking and the ability to schedule regular payments.

Who it's good for:

If you’re after a card that you can get your hands on without having to pay any upfront costs, Visa Silver’s lack of an annual fee makes it an attractive option for you. Once you do have your hands on it, you’ll have the peace of mind of knowing that you’re paying super low rates while having access to a few convenient everyday banking features.

Any catches?

Just remember you’ll have to stump up $15 if you’re tardy with your repayments and if you lose your card, it’ll cost you $10 to replace.

Details

Rates and fees information correct as at 25 January 2020 Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 11.95% p.a.

  • 6.99% p.a. for 6 months

  • 6.99% p.a. for 6 months and then 11.95% p.a.

  • no

  • 11.95% p.a.

  • 44

Fees
  • $0.00

  • none

  • none

  • none

  • $15.00

  • $4.00

  • 3.65%

  • $2.00

  • $25.00

  • $0.00

Features
  • $20.00

  • 2.5

  • 1

  • none

Payment options

Apple Pay, Google Pay

Customer Reviews

How are BankVic credit cards rated by the Mozo community?

Overall customer rating
8.2/10
Price
7.9/10
Features
7.2/10
Customer service
8.6/10
Convenience
7.4/10
Trust
8.8/10

Latest reviews of BankVic Visa Silver

  • 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 3 months ago
  • Overall 8/10
    Great products and customer service

    Customer service is second to none and their products and loans are great value. Their branches are a bit hard to get to, but account access via cards and electronic means is simple.

    Read full review

    Customer service is second to none and their products and loans are great value. Their branches are a bit hard to get to, but account access via cards and electronic means is simple.

    Price
    7/10
    Features
    4/10
    Customer service
    9/10
    Convenience
    4/10
    Trust
    10/10
    Less
    Andrea, Victoria reviewed about 4 years ago
  • Overall 8/10
    Great service, very low credit rate, $0 annual fee

    Very friendly and helpful staff. Unfortunately few branches, thus may not suit person needing face to face banking. On-Line and Phone Banking very easy.

    Read full review

    Very friendly and helpful staff. Unfortunately few branches, thus may not suit person needing face to face banking. On-Line and Phone Banking very easy.

    Price
    10/10
    Features
    6/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Nicolette, Victoria reviewed over 4 years ago
  • Overall 10/10
    Customer service second to none

    Excellent product, excellent Service. I appreciate excellence.

    Read full review

    Excellent product, excellent Service. I appreciate excellence.

    Price
    8/10
    Features
    9/10
    Customer service
    10/10
    Convenience
    9/10
    Trust
    10/10
    Less
    Annette, Victoria reviewed over 4 years ago
  • Overall 8/10
    Excellent customer service

    My bank was Police Credit, they still retain the very good and caring customer service they had when I first joined in the late 60's.

    Read full review

    My bank was Police Credit, they still retain the very good and caring customer service they had when I first joined in the late 60's.

    Price
    6/10
    Features
    6/10
    Customer service
    7/10
    Convenience
    7/10
    Trust
    8/10
    Less
    Doug, Victoria reviewed over 5 years ago
BankVic

About BankVic

BankVic, formerly the Police Credit Union VIC, is a mutual bank wholly owned by its members. BankVic offers financial services for people working in police, health, emergency and public services along with their family and friends. Personal banking products available at BankVic include credit cards, home loans, insurance and financial advice.

See BankVic credit cards

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

0% p.a. for 26 months and then 12.99% p.a. (2.00% balance transfer fee)

12.99% p.a.

$99 $49 in the first year

Promoted

American Express

American Express

Velocity Platinum Card

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

20.74% p.a.

$375

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Purchase Rate Offer

0% p.a. for 6 months and then 20.99% p.a.

0% p.a. for 14 months then 20.74% p.a.

$129 $64 in the first year

Promoted

American Express

American Express

Qantas Discovery Card

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

20.74% p.a.

$0

Promoted

NAB

NAB

Low Rate Card

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

0% p.a. for 6 months then 13.99% p.a.

$59

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

0% p.a. for 22 months and then 20.99% p.a.

20.74% p.a.

$129

Promoted

American Express

American Express

Velocity Escape Card

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

20.74% p.a.

$0

Promoted

Bankwest

Bankwest

Zero Platinum Mastercard

2.99% p.a. for 9 months and then 17.99% p.a.

17.99% p.a.

$0

Promoted

American Express

American Express

Velocity Platinum Card

1.25 points per dollar on Amex, uncapped

20.74% p.a.

$375

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Purchase Rate Offer

0.66 points per dollar on Visa, up to $1,500 per month, then
0.5 points per dollar on Visa, uncapped

20.74% p.a.

$129 $64 in the first year

Promoted

American Express

American Express

Velocity Escape Card

0.75 points per dollar on Amex, uncapped

20.74% p.a.

$0

Promoted

NAB

NAB

Qantas Rewards Signature Card

1 point per dollar on Visa, up to $5,000 per month, then
0.5 points per dollar on Visa, up to $20,000 per month

19.99% p.a.

$395 $295 in the first year

Promoted

American Express

American Express

Qantas Discovery Card

0.75 points per dollar on Amex, uncapped

20.74% p.a.

$0

Promoted

David Jones

David Jones

American Express Platinum Card

1 point per dollar on Amex, uncapped

20.74% p.a.

$295

Promoted

Heritage Bank

Heritage Bank

Platinum

0.002 points per dollar on Visa, uncapped

17.49% p.a.

$125 $0 when you spend over $35,000 p.a

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

0.66 points per dollar on Visa, up to $1,500 per month, then
0.5 points per dollar on Visa, uncapped

20.74% p.a.

$129

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

0% p.a. for 22 months and then 20.99% p.a.

$129

20.74% p.a.

Promoted

American Express

American Express

Velocity Escape Card

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

$0

20.74% p.a.

Promoted

Bankwest

Bankwest

Breeze Platinum Mastercard

0% p.a. for 26 months and then 12.99% p.a. (2.00% balance transfer fee)

$99 $49 in the first year

12.99% p.a.

Promoted

American Express

American Express

Qantas Discovery Card

0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

$0

20.74% p.a.

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Purchase Rate Offer

0% p.a. for 6 months and then 20.99% p.a.

$129 $64 in the first year

0% p.a. for 14 months then 20.74% p.a.

Promoted

Bankwest

Bankwest

Zero Platinum Mastercard

2.99% p.a. for 9 months and then 17.99% p.a.

$0

17.99% p.a.

Promoted

NAB

NAB

Low Rate Card

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$59

0% p.a. for 6 months then 13.99% p.a.

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Purchase Rate Offer

0% p.a. for 14 months then 20.74% p.a.

$129 $64 in the first year

0% p.a. for 6 months and then 20.99% p.a.

Promoted

NAB

NAB

Low Rate Card

0% p.a. for 6 months then 13.99% p.a.

$59

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

Promoted

Heritage Bank

Heritage Bank

Gold Low Rate

11.30% p.a.

$0

No current offer

Promoted

Bankwest

Bankwest

Breeze Mastercard

12.99% p.a.

$79 $39 in the first year

0% p.a. for 26 months and then 12.99% p.a. (2.00% balance transfer fee)

Promoted

NAB

NAB

Low Rate Platinum Card

0% p.a. for 15 months then 13.99% p.a.

$100

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

Promoted

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Purchase Rate Offer

0% p.a. for 14 months then 20.74% p.a.

0% p.a. for 6 months and then 20.99% p.a.

$129 $64 in the first year

Promoted

NAB

NAB

Low Rate Card

0% p.a. for 6 months then 13.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$59

Promoted

NAB

NAB

Low Rate Platinum Card

0% p.a. for 15 months then 13.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$100