Looking for a budget beater? This low rate credit card option will keep your savings account plump while providing all the spending ease and convenience a credit card should. If you tend to carry a balance on your credit card, this could be the piece of plastic for you.
| Product | Purchase rate | Balance transfer rate | Annual fees | Interest free days on purchases |
|---|---|---|---|---|
|
11.99% p.a. |
No current offer |
$49 |
45 |
|
|
11.99% p.a. |
No current offer |
$99 |
45 |
Don’t break the budget just getting ahold of your credit card - go for a low fee option to keep costs low. With a low interest rate to boot, the option on offer from P&N Bank is a great way to get all the convenience of a credit card, without the hefty price tag.
| Product | Purchase rate | Balance transfer rate | Annual fees | Interest free days on purchases |
|---|---|---|---|---|
|
11.99% p.a. |
No current offer |
$49 |
45 |
If you’re looking for premium perks without the high price tag, check out this affordable platinum credit card from P&N Bank. It doesn't come jam packed with freebies and reward programs like others of its ilk, but it’s a budget-friendly option for cardholders who just want a taste of the premium spending experience.
| Product | Points per dollar | Purchase rate | Balance transfer rate | Annual fees |
|---|---|---|---|---|
|
|
11.99% p.a. |
No current offer |
$99 |
Once you rack up a balance on your P&N Bank credit card, you’ll have up to 45 days to pay it off before it starts to attract interest. Keep in mind that this interest free period begins at the start of your statement cycle - usually the beginning of the month - and not when you make a purchase. So if you hit the shops halfway through your statement cycle, you’ll have less than 45 days before the interest starts building up.
It’s also important to remember that if you don’t pay off your credit card balance in full each month, you’ll usually forfeit the next month’s interest free days.
The major credit card fees you'll have to consider in your spending budget when using your P&N Bank credit card include the annual fee - which is pretty low - plus fees for when you hit the ATM and a foreign exchange margin for when you’re shopping overseas.
One thing to keep in mind when you’re travelling, is that there is a fee for an overseas emergency replacement card - whether or not you’re approved for the replacement. So be careful of pickpockets when you travel with a P&N Bank credit card.
There are a few extra conditional fees that may apply, like late fees, duplicate statement or transaction verification fees.
Our favourite strategy for using any credit card is to always pay off as much of your monthly balance as you can - preferably the whole lot. That way, you can avoid interest, late payment fees and keep your interest free days for the next month.
But if you are paying only the minimum from your P&N Bank credit card statement, it will be either 3% of your closing balance or $10 - whichever is the higher amount. If your closing balance is less than $10, your minimum payment will be the whole amount.
Although there’s no rewards program attached to your P&N Bank credit card, you can cash in on a buch of cool perks and freebies if you opt for the platinum option.
These include a range of free insurance covers:
Overseas travel insurance
Interstate flight insurance
Extended warranty insurance
Purchase security insurance
Transport accident insurance
You’ll also get access to a 24/7 personal concierge service, which offers exclusive entertainment and travel offers.
After a piece of plastic that will earn you some major rewards points? Check out these great rewards card options.
Yes - but there’s a catch. Although you can manage your credit card debt by transferring previous balances onto your P&N Bank credit card, you won’t get a zero interest period to pay it off, unlike many balance transfer offers.
This can actually be a good setup if you think you’ll take longer than the usual balance transfer period of 6-12 months to pay off your debt - instead of having a short zero interest period and then getting hit by high interest on any balance leftover, you can pay one flat, low rate.
But if you think you’d like to take advantage of a great balance transfer offer with an interest free period, check out our balance transfer table here.
Yep! Because your P&N Bank credit card is a VISA card, you can use it all over the world. VISA is accepted just about anywhere you might want to go, so your P&N Bank credit card is too.
Yes! PayWave works on the VISA network, so you can use it with your P&N Bank credit card for payments under $100.
Credit card scams are a type of credit card fraud. Making sure that your personal details and money are safe when you use your P&N Bank credit card is super important. So here are some ways to identify a credit card scam:
Offers that come out of the blue or calls requesting your secure details
Offers that sound too good to be true - they usually are
If a small transaction appears on your credit card statement that you didn’t make, don’t ignore it. Scammers often start with small transactions to ‘test’ stolen details
If you receive an email from P&N Bank asking you to click a link and input your secure details, chances are it’s a scam. Be very careful, and call the bank to confirm if you’re at all unsure.
P&N Bank also monitor your credit card 24/7 for fraudulent activity - so you can relax knowing they’ve got your back.
Mozo users have rated P&N Bank credit cards on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
48 Reviews
P&N Bank provides one of the best rates for a Visa Card which is connected to my home loan. The Interest rate is the same as the home loan rate although the Cash Advance is similar to other cheaper banks. I get 55 days to pay account in full or in part if my total accrued is on the large size although I can call the the bank directly or through "Chat Line" up to 06 PM or send a secure email and get a call the next day. The Visa Card has a range of extra's due to being Platinum card. The Visa Platinum card provides me to better manage my money on a day to day basis.
Read full reviewP&N Bank provides one of the best rates for a Visa Card which is connected to my home loan. The Interest rate is the same as the home loan rate although the Cash Advance is similar to other cheaper banks. I get 55 days to pay account in full or in part if my total accrued is on the large size although I can call the the bank directly or through "Chat Line" up to 06 PM or send a secure email and get a call the next day. The Visa Card has a range of extra's due to being Platinum card. The Visa Platinum card provides me to better manage my money on a day to day basis.
Excellent customer service. Products are normally better than the ‘Big 4’. Each time I have contacted this bank by ‘secure mail’ I have received a reply within a few hours. Telephone conversations are always answered efficiently and questions answered promptly. Staff are always pleasant to talk too, both on the phone and face to face in the bank.
Read full reviewExcellent customer service. Products are normally better than the ‘Big 4’. Each time I have contacted this bank by ‘secure mail’ I have received a reply within a few hours. Telephone conversations are always answered efficiently and questions answered promptly. Staff are always pleasant to talk too, both on the phone and face to face in the bank.
Hassle free and fair charges.
Read full reviewHassle free and fair charges.
I love my bank because all the services they provide are competitive, simplistic, and cover all my needs.
Read full reviewI love my bank because all the services they provide are competitive, simplistic, and cover all my needs.
You’ll need to be at least 18 to apply for a P&N Bank credit card, and you’ll also either have to already be a member, or sign up to become one when you apply, which involves buying a $10 share. To make your application go smoothly, you’ll also need to have with you: