Australian Military Bank Low Rate Visa Credit Card

Get 0% p.a. on balance transfers for 12 months and a low variable interest rate on new purchases made with the Australian Military Bank Low Rate Visa.

This low rate credit card offers a competitive annual fee of $49 and a purchase interest rate of 11.99% p.a.

0% p.a.

Balance transfer rate

for 12 months

11.99% p.a.

Purchase rate

$49 p.a.

Annual fee

45 days

Interest free period

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!


Product NameAustralian Military Bank Low Rate Visa Credit Card
Balance transfer rate0% p.a. for 12 months
Balance transfer revert ratePurchase Rate (11.99% p.a.)
Purchase rate11.99% p.a.
Annual fee$49
Interest-free periodUp to 45 days on purchases
Cash advance rate19.99% p.a.
Min credit limit$2,000
Card typeVisa
Foreign currency conversion fee2.95%
Available to temporary residentsNo
Joint applicationYes


  • Balance transfer offer of 0% p.a. for 12 months
  • A low variable purchase rate of 11.99% p.a.
  • Free additional cardholders


  • Offers only up to 45 days interest-free on purchases, compared to other cards with 55 days
Bonus pointsN/A
Annual fee$49
Minimum monthly repayment2% of the closing balance or $20, whichever is greater
Late payment fee$10
Foreign currency conversion fee2.95%
Cash advance fee$4.50
Overseas ATM withdrawal fee$4.50
Additional cardholder fee$0

Review by

Amy Bradney-George has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. Her work has also appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

The Australian Military Bank Low Rate Visa is a straightforward credit card account that offers competitive rates and fees. If you have an existing home loan with Australian Military Bank, you could take advantage of a promotional interest rate of 9.99% p.a. with this card.

How to apply

You can apply for the Australian Military Bank Low Rate Visa online by completing a secure application form. Alternatively, you can apply over the phone by calling 1300 132 328 or by visiting a branch.

To get started, make sure you meet the following eligibility criteria and have all the documents and details required for the application.

Eligibility criteria

  • Australian Military Bank membership. You must be a member of Australian Military Bank to get this credit card. If you're not an existing member, you'll be signed up as part of the application process.
  • Residency status. You can apply for this card if you are an Australian permanent resident or citizen.

Card benefits

  • 0% p.a. balance transfer offer. If you have existing credit card debt, you can pay it off interest-free for the first 12 months that you have the Australian Military Bank Low Rate Visa by requesting a balance transfer at the time of your application. At the end of the introductory period, any remaining debt from the balance transfer will attract a variable interest rate of 11.99% p.a.
  • Low purchase rate. The Australian Military Bank Low Rate credit card's 11.99% p.a. variable interest rate is competitive with other low rate cards. You could also be eligible for a promotional interest rate of 9.99% p.a. if you have an existing Australian Military Bank home loan. Contact the bank to find out what's required for this rate to apply.

Rates & fees

  • Annual fee. This card's $49 annual fee is on the lower end of the scale but, if you don't want to pay a yearly account-keeping fee at all, you could compare no annual fee cards instead.
  • Interest-free days. If you pay the complete outstanding balance before the due date on each statement, you can get up to 45 days interest-free on purchases made with this card.

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.


    Default Gravatar
    June 27, 2019

    What do I have to do to transfer my credit card balance to the Military Bank credit card?

      Avatarfinder Customer Care
      June 28, 2019

      Hi Alberto,

      Thank you for getting in touch with Finder.

      If you’re a new Australian Military Bank Low Rate Visa credit cardholder, you may call them to assist you over the phone on processing balance transfer. Please have both of your new and old credit cards handy. If you’re an existing Australian Military Bank Low Rate Visa credit cardholder, kindly reach them out to know if there are BT offers you may take advantage with.

      I hope this helps.

      Thank you and have a wonderful day!


    Default Gravatar
    June 17, 2019

    I am an ex service man and I wish to apply for a credit card, currently I have and ANZ credit card low interest and I find youre card will suit me better. How do I make payments to your bank when I live in NSW South coast ?
    Yours Sincerely

      Default Gravatar
      June 18, 2019

      Hi Martin,

      Thanks for your question!

      It’s great to know that you are looking to apply for the Australian Military Bank Low Rate Visa Credit Card.

      You can make payments to your card by logging in to the online banking portal on the Australia Military Bank website.

      As a friendly reminder, read the eligibility criteria, features, and details of the card, as well as the Product Disclosure Statement and Terms and Conditions of the card before committing to the product.

      Hope this helps!


    Default Gravatar
    February 3, 2018

    Where are your branches in Adelaide. How can payments be made to the card.

      Avatarfinder Customer Care
      February 26, 2018

      Hi Roger, thanks for your inquiry.

      The Australia Military Bank branch in Adelaide is located at:

      RAAF Base Edinburgh
      Shopping Centre, McNamara Drive, RAAF Base Edinburgh, South Australia
      Edinburgh, SA 5111

      You can make payments to your card by logging in to the online banking portal on the Australia Military Bank website. I have sent this link to your email.



    Default Gravatar
    January 16, 2018

    Can I transfer from another card over to these guys?

      Avatarfinder Customer Care
      January 16, 2018

      Hi John,

      Thank you for your comment.

      If you already have a credit card (or store card) debt that you’re paying off with another bank you can transfer the outstanding balance to Australian Military Bank through a balance transfer option. You may qualify for the 0% p.a. interest rate for 12 months on balance transfers which is an introductory offer if you request a balance transfer within 3 months from the card activation. The offer will run for 12 months, after which point the purchase rate will apply.


Go to site