Police Bank Visa Credit Card

10.76% p.a.

0% p.a. for 12 months and then 10.76% p.a.

$30 $0 in the first year

n/a

Police Bank Visa Credit Card

10.76% p.a.

0% p.a. for 12 months and then 10.76% p.a.

$30 $0 in the first year

n/a

Mozo Review   Police Bank Visa Credit Card Review

Last updated: 25 October 2017.

What's hot:
  • 0% balance transfer rate for 12 months

  • Mozo Experts Choice Award 2017

  • 10.76% purchase rate

  • No annual fee for first year

What's not:
  • $10 late payment fee but even this is low compared to other banks

Mozo snapshot:

Looking for one of Australia's most budget-friendly pieces of plastic? Look no further than Police Bank's Visa Credit Card, winner of a 2017 Mozo Experts Choice Award for Best Low Rate Credit Card. With a low 10.76% purchase rate and no annual fee in the first year ($30 afterwards), you'll be able to save money on fees as well as interest. Plus the card offers a 0% balance transfer for 12 months, after which the balance will revert to the standard 10.76% ongoing interest rate. 

Key features:

What's great about the Police Bank Visa Card is that you don't even have to be in the police service to get the benefits of its low rate credit card, it is available to all Australian residents.

If you are looking to save on interest repayments the Police Bank Visa Credit Card has a 0% balance transfer rate for 12 months, after which any balance will revert to the standard low 10.76% ongoing interest rate, which compared with some other balance transfer offers that revert to cash advance rates of over 20%, is a great money saver.

You will get up to 55 days interest free on new purchases (as long as you pay your balance off in full each month) or you will pay 10.76%. This interest rate also applies to cash advances but unlike purchases cash advances will start accruing interest immediately so it is best to avoid these if you can.

With Visa access, you can shop online or in person around the world wherever Visa cards are accepted. International purchases however will attract a 3% foreign exchange margin so be sure to factor that into any online shopping budget. For purchases under $100 you can use the Visa payWave feature of the card and just tap and go!

Be sure to automate your payments or you could find that you will be up for a $10 late payment fee.

Who it's good for:

Anyone who wants to stop paying high interest and clear their debt.

Any catches?

Branch locations are limited but this shouldn't put you off. The account comes with internet banking and telephone banking access for easy account management. 

Details

Rates and fees information correct as at 16 August 2018.

Rates
  • 10.76% p.a.

  • none

  • 0% p.a. for 12 months and then 10.76% p.a.

  • no

  • 10.76% p.a.

  • 55

Fees
  • $30.00

  • $0 in the first 1 year

  • none

  • none

  • $10.00

  • $3.80

  • 3.00%

  • $5.00

  • $16.50

  • $0.00

Features
  • $5.00

  • 2.5

  • 1

  • none

Payment options

Apple Pay
Google Pay
Samsung Pay

Customer Reviews

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

Overall customer rating
9.0/10
Price
8.3/10
Features
7.0/10
Customer service
8.4/10
Convenience
7.4/10
Trust
9.3/10

Latest reviews of Police Bank Visa Credit Card

  • Overall
    10/10
    They have great rates for seniors

    The bank has excellent staff, always willing to assist. Little or no waiting time.

    The bank has excellent staff, always willing to assist. Little or no waiting time.

    Price
    10/10
    Features
    10/10
    Customer service
    9/10
    Convenience
    9/10
    Trust
    10/10

    Doriel | NSW

    03 Apr 2018

  • Overall
    10/10
    Their premiums are very fair

    This bank has been very good and convenient for me.

    This bank has been very good and convenient for me.

    Price
    9/10
    Features
    10/10
    Customer service
    9/10
    Convenience
    9/10
    Trust
    10/10

    Max | NSW

    18 Sep 2015

  • Overall
    9/10
    Highly recommended.

    Very happy.

    Very happy.

    Price
    9/10
    Features
    9/10
    Customer service
    7/10
    Convenience
    8/10
    Trust
    10/10

    Jo anne | QLD

    23 Apr 2015

  • Overall
    7/10
    Good customer service

    I like my bank but they really need to be more competitive with other banks.

    I like my bank but they really need to be more competitive with other banks.

    Price
    8/10
    Features
    2/10
    Customer service
    7/10
    Convenience
    1/10
    Trust
    7/10

    Leona | VIC

    22 Aug 2014

  • Overall
    7/10
    Competitive interest rates and personal touch.

    I have been with this bank for 30 years. They are trustworthy and have reasonable interest rates....

    I have been with this bank for 30 years. They are trustworthy and have reasonable interest rates. I feel they are more personal than the big banks and are less motivated by profit.

    Price
    6/10
    Features
    1/10
    Customer service
    5/10
    Convenience
    10/10
    Trust
    8/10

    Mozo reviewer | NSW

    13 Sep 2013

Police Bank

About Police Bank

Police Bank has specially designed its financial products to offer financial solutions to the employees and families of the Police service. Police Bank offers a range of financial products and services in savings accounts, home, car and personal loans, term deposits, credit and debit cards and a range of insurance products, ensuring that its members financial needs are taken care of.

See Police Bank credit cards