Hume Bank Value Visa Card

11.95% p.a.

No current offer

$0

Hume Bank Value Visa Card Review

Rates and fees information correct as at 22 June 2018.

Review published: 27 October 2016

What's hot:

  • Mozo Experts Choice Awards Winner 2017

  • No annual fee

  • 55 interest free days

  • 11.95% purchase rate

What's not:

  • Late payment fee applies

Mozo snapshot:

What's not to love about a low rate credit card that won't cost you a cent in annual fees and has a low 11.95% ongoing purchase rate? Nothing. According to our experts, the Value Visa Card lives up to its name, offering top value as one of the best value no annual fee cards in the market in this year's Mozo Experts Choice Awards.

 

Key features:

The Hume Value Visa card comes with a low purchase rate of 11.95%. If you pay your balance off in full each month you'll get up to 55 interest free days. It has zero annual fees so, if you're looking to keep a credit card in your wallet for occasional purposes then this is a great choice as it won't cost you a cent in annual fees.  

The card is connected via the Visa network so you can make purchases in Australia and overseas whereever Visa is accepted. The card is chip enabled so for purchases under $100 you can just tap and pay. If you're using the card overseas or shopping online at international stores, there is a 2.85% foreign exchange margin on the AUD purchase amount. This is standard for many credit cards.

While cash advances are available with the Value Visa, the interest rate charged is higher at 17.95%. And unlike purchases, with cash advances there are no interest free days, you will start paying interest immediately.

You can get an additional card at no extra cost.

Who it's good for:

Everyone. Why pay an annual fee on a credit card when you don't have to?

You'll need to be at least 18 years old and an Australia citizen or permanent resident to be approved.

Any catches?

There is a $20 late payment fee, so make sure that you set up automatic monthly repayments to avoid this.

How are Hume Bank credit cards rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
9.3

Based on 3
Hume Bank credit cards reviews

9.7 9.3 9.0 9.7 10.0

Read Hume Bank credit card reviews by the Mozo community

Latest review of Hume Bank Value Visa Card

Hume Bank

Hume Bank Value Visa Card credit card review

Overall rating   10 / 10

Great customer service

Hume Building Society, an absolutely amazing place to deal with. Can actually call and speak with a person! Fantastic customer service, no charge for a having a credit card with them either, I wish I had found them years ago, traditional banks...

Full review

Hume Building Society, an absolutely amazing place to deal with. Can actually call and speak with a person! Fantastic customer service, no charge for a having a credit card with them either, I wish I had found them years ago, traditional banks need a real good shake up! I haven't found any cons, just read all the stuff that comes with your cards! Obviously penalties as with all banks apply if you don't pay on time. I have two credit cards with them, Visa gold and Visa loyalty.

    Price   9 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Mary (VIC), reviewed about 4 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

  • 11.95% p.a.

  • none

  • No current offer

  • none

  • 17.95% p.a.

  • 55

Fees

  • $0.00

  • none

  • none

  • none

  • $20.00

  • $0

  • 2.85%

  • $2.00

  • $30.00

  • $0.00

Other financial bits

  • $10.00

  • 3.0

Features

  • 3

  • none

  • none

About Hume Bank

Hume Bank, formerly Hume Building Society, gives its members access to an extensive range of products with great saving rates, no monthly fees and low loan rates. Hume Bank offers products in both business and personal banking. With Hume's personal products including: savings accounts, credit cards, term investments, home loans, debit cards, personal loans, financial planning services and car insurance. Hume Bank's business range includes credit cards, every-day banking accounts, business lending and internet banking facilities.

**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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