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, as in took out a best No Annual Fee Credit Card Award at the 2020 Mozo Experts Choice Awards.
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 19.95%. 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.
This card is best for people who want the option of a credit card but don't intend to use it a lot, or need rewards. This is because the card has no annual fee, and makes it effectively free if you aren't ever late with your repayments.
There is a $20 late payment fee, so make sure that you set up automatic monthly repayments to avoid this.
11.95% p.a.
none
No current offer
none
19.95% p.a.
55
$0.00
none
none
none
$20.00
$0
2.85%
$2.00
$30.00
$0.00
$10.00
3.0
3
none
Apple Pay, Google Pay
We have banked with the Hume Bank for more than 30 years, have paid off 2 houses and a couple of credit cards with them! Very happy and I do regularly have a look at the competition.
Read full reviewWe have banked with the Hume Bank for more than 30 years, have paid off 2 houses and a couple of credit cards with them! Very happy and I do regularly have a look at the competition.
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.
Read full reviewHume 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.
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.
Westpac
Low Rate
13.74% p.a.
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
$59
St.George
Vertigo
13.99% p.a.
0% p.a. for 24 months and then 21.49% p.a.
$55 $0 in the first year
CUA
Low Rate Credit Card
11.99% p.a.
0% p.a. for 20 months and then 21.74% p.a.
$49 $0 in the first year
Defence Bank
Foundation Credit Card
3.99% p.a. for 6 months then 8.99% p.a.
3.99% p.a. for 6 months and then 8.99% p.a.
$45
CUA
Platinum Credit Card
19.99% p.a.
0% p.a. for 20 months and then 21.74% p.a.
$149 $0 in the first year
CUA Platinum Rewards
American Express
Qantas Discovery Card
20.74% p.a.
No current offer
$0
Qantas Frequent Flyer
Virgin Money
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
20.74% p.a.
0% p.a. for 22 months and then 20.99% p.a.
$129 $64 in the first year
Velocity Frequent Flyer
Qantas Money
Qantas Premier Platinum
19.99% p.a.
0% p.a. for 18 months and then 21.99% p.a. (1.00% balance transfer fee)
$299 $199 in the first year
Qantas Frequent Flyer
American Express
Qantas Discovery Card
Qantas Frequent Flyer
$0
No current offer
0.75 points uncapped
Qantas Money
Qantas Premier Platinum
Qantas Frequent Flyer
$299 $199 in the first year
100,000
1 point up to $10,000/month, then
0.5 points uncapped
Bankwest
Qantas Platinum Mastercard
Qantas Frequent Flyer
$160
30,000
0.75 points up to $2,500/month, then
0.3 points uncapped
St.George
Amplify Platinum
Qantas Frequent Flyer
$99
70,000
0.5 points uncapped
Citi
Rewards - e-voucher Offer
Citi Rewards Program
$199 $99 in the first year
No current offer
1 point up to $10,000/month
Bank of Melbourne
Amplify Platinum
Amplify Rewards
$99 $0 in the first year
No current offer
1 point uncapped
American Express
Velocity Escape Card
Velocity Frequent Flyer
$0
No current offer
0.75 points uncapped
Westpac
Low Rate
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
13.74% p.a.
$59
St.George
Vertigo
0% p.a. for 24 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
CUA
Low Rate Credit Card
0% p.a. for 20 months and then 21.74% p.a.
11.99% p.a.
$49 $0 in the first year
ANZ
First
0% p.a. for 18 months and then 20.24% p.a. (2.00% balance transfer fee)
20.24% p.a.
$30
Qantas Money
Qantas Premier Platinum
0% p.a. for 18 months and then 21.99% p.a. (1.00% balance transfer fee)
19.99% p.a.
$299 $199 in the first year
Qantas Frequent Flyer
Citi
Clear Credit Card
0.90% p.a. for 15 months and then 22.24% p.a.
0.90% p.a. for 15 months then 14.99% p.a.
$99
Bank of Melbourne
Vertigo
0% p.a. for 24 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
Bankwest
Zero Platinum Mastercard
2.99% p.a. for 9 months and then 17.99% p.a.
17.99% p.a.
$0
St.George
Vertigo
13.99% p.a.
0% p.a. for 24 months and then 21.49% p.a.
$55 $0 in the first year
Westpac
Low Rate
13.74% p.a.
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
$59
Defence Bank
Foundation Credit Card
3.99% p.a. for 6 months then 8.99% p.a.
3.99% p.a. for 6 months and then 8.99% p.a.
$45
CUA
Low Rate Credit Card
11.99% p.a.
0% p.a. for 20 months and then 21.74% p.a.
$49 $0 in the first year
NAB
Low Rate Card
12.99% p.a.
0% p.a. for 20 months and then 21.74% p.a. (2.00% balance transfer fee)
$59
Bank of Melbourne
Vertigo Platinum
12.99% p.a.
6.99% p.a. for 12 months and then 21.49% p.a.
$99
ANZ
Low Rate
12.49% p.a.
0% p.a. for 25 months and then 20.24% p.a. (1.50% balance transfer fee)
$58 $0 in the first year
Citi
Clear Credit Card
0.90% p.a. for 15 months then 14.99% p.a.
0.90% p.a. for 15 months and then 22.24% p.a.
$99
Defence Bank
Foundation Credit Card
3.99% p.a. for 6 months then 8.99% p.a.
3.99% p.a. for 6 months and then 8.99% p.a.
$45
Citi
Clear Credit Card
0.90% p.a. for 15 months then 14.99% p.a.
0.90% p.a. for 15 months and then 22.24% p.a.
$99
NAB
StraightUp Card
0% p.a.
No current offer
$120 $10/month - waived if no spend & no balance owing
Bankwest
Breeze Mastercard
0% p.a. for 15 months then 10.99% p.a.
2.99% p.a. for 9 months and then 10.99% p.a. (0% balance transfer fee)
$49
BankSA
Amplify Platinum
0% p.a. for 7 months then 19.74% p.a.
0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)
$99 $0 in the first year
Virgin Money
No Annual Fee Card
0% p.a. for 12 months then 18.99% p.a.
0% p.a. for 12 months and then 20.99% p.a.
$0
St.George
Vertigo Platinum
0% p.a. for 15 months then 12.99% p.a.
6.99% p.a. for 12 months and then 21.49% p.a.
$99 $49 in the first year
Bank of Melbourne
Amplify Platinum
0% p.a. for 7 months then 19.74% p.a.
0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)
$99 $0 in the first year
