BankVic combines both low rates and low fees to make its Low Rate Visa credit card both extremely affordable upfront and low in ongoing costs. This credit card comes with a 6-month special 8.99% introductory purchase rate (13.95% p.a. thereafter) and no annual fee.
One of the most eye-catching features of BankVic’s Low Rate Visa credit card is its 8.99% introductory purchase rate that lasts for 6 months. After this, you’ll still only pay 13.95% 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 13.95% 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 13.95%.
Another headline feature is the $0 annual card fee. BankVic have done away with the yearly credit card payment to make the Low Rate Visa 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 Low Rate Visa 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.
If you’re after a card that you can get your hands on without having to pay any upfront costs, Low Rate Visa’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.
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.
|
13.95% p.a. |
|
|
8.99% p.a. for 6 months |
|
|
8.99% p.a. for 6 months and then 13.95% p.a. |
|
|
no |
|
|
13.95% p.a. |
|
|
44 |
|
$0.00 |
|
|
none |
|
|
none |
|
|
none |
|
|
$15.00 |
|
|
0 |
|
|
3.65% |
|
|
$2.00 |
|
|
$25.00 |
|
|
$0.00 |
|
$20.00 |
|
|
2.5 |
|
|
1 |
|
|
none |
Apple Pay, Google Wallet
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 reviewThis 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.
BankVic has great customer service.
Read full reviewBankVic has great 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 reviewCustomer 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.
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 reviewVery friendly and helpful staff. Unfortunately few branches, thus may not suit person needing face to face banking. On-Line and Phone Banking very easy.
Excellent product, excellent Service. I appreciate excellence.
Read full reviewExcellent product, excellent Service. I appreciate excellence.
Qantas Ultimate Card
23.99% p.a.
No current offer
$450
Qantas Frequent Flyer
Platinum Edge Credit Card
23.99% p.a.
No current offer
$195 $0 in the first year
Membership Rewards
Explorer Credit Card
23.99% p.a.
No current offer
$395
Membership Rewards
Velocity Platinum Card
23.99% p.a.
No current offer
$375
Velocity Frequent Flyer
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Qantas Discovery Card
23.99% p.a.
No current offer
$0
Qantas Frequent Flyer
Velocity Escape Card
23.99% p.a.
No current offer
$0
Velocity Frequent Flyer
Qantas Ultimate Card
Qantas Frequent Flyer
$450
60,000
1.25 points up to 100,000 points/year, then
1 point uncapped
Platinum Visa Credit Card
Qantas Frequent Flyer
$299
50,000
1 point up to 20,000 points/month
Qantas Rewards Premium Card
Qantas Frequent Flyer
$250 $150 in the first year
70,000
0.66 points up to $3,000/month, then
0.33 points up to $6,000/month
Qantas Premium Card
Qantas Frequent Flyer
$249
20,000
1 point uncapped
Rewards Signature Card
NAB Rewards
$295 $145 in the first year
160,000
1.25 points uncapped
Qantas Discovery Card
Qantas Frequent Flyer
$0
No current offer
0.75 points uncapped
Velocity Escape Card
Velocity Frequent Flyer
$0
No current offer
0.75 points uncapped
Qantas Rewards Signature Card
Qantas Frequent Flyer
$395 $295 in the first year
120,000
1 point up to $5,000/month, then
0.5 points up to $20,000/month
Low Rate Card
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
13.49% p.a.
$59 $0 in the first year
Premier Credit Card
0% p.a. for 6 months and then 22.24% p.a.
21.49% p.a.
$300 $150 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year
Citi Rewards Program
Blue Visa Credit Card
0% p.a. for 9 months and then 21.74% p.a.
0% p.a. for 9 months then 20.74% p.a.
$60
Q Rewards
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0% p.a. for 24 months and then 20.99% p.a.
20.74% p.a.
$149 $0 in the first year
Velocity Frequent Flyer
More Mastercard
0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee)
19.99% p.a.
$100
Bankwest More Rewards
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Low Rate Credit Card
12.99% p.a.
0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)
$99
Low Rate Visa Credit Card
9.90% p.a.
No current offer
$59
Low Rate Credit Card
8.99% p.a.
0% p.a. for 6 months and then 8.99% p.a.
$59 $0 in the first year
Blue Visa Credit Card
0% p.a. for 9 months then 20.74% p.a.
0% p.a. for 9 months and then 21.74% p.a.
$60
Flex Card
0% p.a.
No current offer
$120 $10 monthly fee waived if the outstanding balance on the previous statement is paid in full by the due date.
StraightUp Card
n/a
No current offer
$240 $20/month - waived if no spend & no balance owing
n0w Credit Card
n/a
No current offer
$228 Monthly fee is waived if account has a $0 balance and if card isn't used during the calendar month.
Platinum Mastercard
0% p.a. for 3 months then 25.80% p.a.
No current offer
$99
