Compare Visa Debit Cards and Receive Acceptance at Millions of Locations Worldwide

Untitled designGet a Visa debit card to access our own money globally, without the stress of building debt.

Visa Inc, a multinational financial services corporation, works in facilitating electronic funds transfers across the world, through Visa branded debit and credit cards. Visa doesn’t issue these cards. When you get a Visa debit card, you’re essentially getting a Visa branded card from a financial institution that has chosen to partner with Visa.

What sets a Visa credit card apart from a Visa debit card is the former provides funds on credit and the latter gives you access to your own money.

Rates last updated September 19th, 2017
$
Monthly Account Fee Debit Card Access ATM Withdrawal Fee Fee Free Deposit p.m. Details
ANZ Access Advantage
Apple Pay, Android Pay & ANZ Mobile Pay.
Take advantage of Apple Pay by linking your ANZ Visa Debit card to an eligible iPhone and seamlessly pay for purchases with your phone.
Visa $0 $2,000 $0 account keeping fees if you deposit at least $2,000 per month. Otherwise, a $5 monthly fee applies. Unlimited free withdrawals at ANZ ATMs. Go to site More
St.George Complete Freedom Account
10% Cash back for online gaming purchases and $50 cash bonus offer.
Waived account keeping fees when minimum deposit is met with no minimum balance.
Visa $0 $2,000 $0 account keeping fees if you deposit at least $2,000 per month. Otherwise, a $5 fee applies. Unlimited free withdrawals at St.George, Westpac and BankSA ATMs. Go to site More
NAB Classic Banking
$0 monthly account fees.
Tap and pay with your NAB Visa Debit card, NAB Pay for Android or NAB PayTag for iPhone.
Visa $0 $0 $0 account keeping fees with no deposit conditions. Unlimited free withdrawals at NAB and rediATMs. Go to site More
Bank of Melbourne Complete Freedom
Get Cardless cash and shop securely with your Visa debit card. Customise SMS and email alerts.
Visa $0 $2,000 $0 account keeping fees if you deposit at least $2,000 per month. Otherwise, a $5 monthly fee applies. Unlimited free withdrawals at Bank of Melbourne, St.George, Westpac and BankSA ATMs. Go to site More
BankSA Complete Freedom Account
Cardless Cash available. Open one in less than 3 minutes.
Visa $0 $2,000 $0 account keeping fees if you deposit at least $2,000 per month. Otherwise, a $5 monthly fee applies. Unlimited free withdrawals at BankSA, St.George, Westpac and Bank of Melbourne ATMs. Go to site More
HSBC Day to Day Transaction Account
Your Visa debit card unlocks special privileges worldwide with the HSBC home&Away Privilege Program.
Visa $0 $0 $0 account keeping fees. Unlimited free withdrawals at over 3,000 HSBC, Westpac, St.George, Bank of Melbourne and BankSA ATMs. Go to site More

Video: What is a Visa debit card?

What is a Visa debit card?

A Visa debit card gives you the ability to make payments without the use of cash, giving you easy access to the money in your bank account. When you use such a card to make a purchase, the funds debit from your account automatically, provided your existing account balance can cover the purchase. Visa cards find acceptance internationally, so you can look forward to using your card when you travel overseas.

A number of financial institutions in Australia offer Visa debit cards, and while they come with the same basic functionality, features on offer can differ from one card to the next.

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What are the benefits of using a Visa debit card?

Here are some of the perks you can expect from using a Visa debit card:

  • No debt. One of the primary benefits of getting a debit card is the reduced risk of getting into debt. This is because you limit to spending your own money, and you don’t have to worry about overspending owing to easily available credit.
  • Convenience. Using a Visa debit card definitely offers more convenience when compared to using cash or an EFTPOS card.
  • Easy access to account information. Most financial institutions that offer a Visa debit card allow cardholders to manage their account through an online banking platform.
  • No credit check. Getting a Visa debit card doesn’t involve an application for credit, so you don’t have to worry about an impending credit check.
  • Zero Liability policy. Visa has a Zero Liability policy in place that protects cardholders from taking responsibility for fraudulent and unauthorised transactions.

Using your Visa debit card

Where can I use my Visa debit card?

Visa finds acceptance in over 200 countries and territories around the world, at more than 30 million locations, and you can use your Visa debit card at any ATM or EFTPOS terminal that displays the Visa symbol. You can also use your Visa debit card to make purchases and pay bills over the phone and online.

How can I use my Visa debit card?

You use your Visa debit card just as you would an EFTPOS card or a credit card. When you use your card at an EFTPOS terminal, press the ‘credit’ button. This does not mean you’re using credit, but ensures that you receive protection through Visa’s Zero Liability policy. To authorise a purchase, you can enter your PIN or sign a receipt. If your Visa debit card is payWave enabled, you can use it to make contactless payments of less than $100.

How do I apply for a Visa debit card?

You’ll need to get in touch with your preferred financial institution to apply for a Visa branded credit card. You would need to apply for a transaction account or an everyday account that comes with a Visa debit card. Most financial institutions give you the ability to apply online, and you would need to complete an identity verification process before your account becomes operational.

How has the Visa debit card has evolved over the years?

Visa’s history dates back to the late 1950s, when Bank of America launched its BankAmericard credit card program in California, USA. The name Visa came about in 1976, when various international financial networks came together as a single network. While credit cards have been around since the 1950s, debit cards entered the picture only in the late 1960s, and their use grew considerably in the 1980s.

Visa debit cards, over time, have evolved from cards that relied solely on magnetic strips, to cards that come with microchips and allow contactless payments.

If you don’t want to build up debt, and want the convenience that comes with a credit card, consider getting a Visa debit card instead. Don’t forget that you have numerous options from which to choose, so compare as many as possible before applying.

Frequently asked questions

This microchip holds your personal information, and it offers increased protection against fraud when compared to previously prevalent magnetic strip technology.

ATMs and other swipe machines rely on this magnetic strip to identify your card.

CVV stands for card verification value, and it refers to the last three digits found at the back of your card, which are unique to your card. You might need this set of numbers to make online and over the phone transactions. Some merchants refer to this as card security code (CSC) or card verification code (CVC).

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