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The Bank Australia No Annual Fee Visa is a $0 annual fee credit card that also offers a low variable rate of 12.39% p.a. for both purchases and cash advances. If you pay your balance in full by the due date on each statement, you can also enjoy up to 55 days interest-free on purchases, allowing you to save even more on credit card costs.
12.39% p.a.
Purchase rate
$0 p.a.
Annual fee
55 days
Interest free period
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Product Name | Bank Australia Visa Credit Card |
---|---|
Purchase rate p.a. | 12.39% |
Annual fee | $0 |
Interest-free period | Up to 55 days on purchases |
Cash advance rate | 12.39% p.a. |
Min credit limit | $1,000 |
Card type | Visa |
Foreign currency conversion fee | 3% |
Available to temporary residents | No |
---|---|
Joint application | No |
Bonus points | N/A |
---|
Annual fee | $0 |
---|---|
Minimum monthly repayment | 2.5% of the closing balance or $20, whichever is greater |
Late payment fee | $0 |
Foreign currency conversion fee | 3% |
Cash advance fee | $3.50 |
Overseas cash advance fee | $3.50 |
Overseas ATM withdrawal fee | $3.50 |
Review by
Sally McMullen is a creative content producer at Finder. Sally has written about credit cards for almost 5 years, authoring almost 900 articles on Finder alone. She has also been published in Yahoo Finance, Dynamic Business, Financy and Mamamia, as well as Music Feeds and Rolling Stone. Sally has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.
October 21, 2019
Im on a pension i got a good record on credit card can i apply for this card?
October 23, 2019
Hi Sonia,
Thanks for your comment.
It’s great to know you have a good credit history. Note that you must have maintained a good credit score and credit history for the last 5 years. It’s also a good idea to check your credit score on our page.
To get started with your application, it is important to check first the part of our page above saying “How to apply” before proceeding with your application. Also, read about its features and benefits and see how it fits your financial needs. Additionally, it’s helpful to review the PDS and Terms & Conditions of the card before fully committing to the card. You may also reach out to the bank if you have any clarifications.
Hope this helps and feel free to reach out to us again for further assistance.
Best,
Nikki
August 16, 2019
Does the minimum monthly repayment mean that I will have to pay at least $20 every month, even if my account balance is $0?
August 17, 2019
Hi Liam,
Thank you for contacting Finder.
If you no longer a balance on your account, you do not need to pay the minimum repayment amount. This only applies if you have a balance/ debt on your Bank Australia No Annual Fee Visa Credit Card.
I hope this helps.
Please do not hesitate to reach out again to us.
Cheers,
Ash
January 13, 2018
Do you charge a fee on low income or pension income?
January 16, 2018
Hi Gary,
Thanks for your inquiry. Please note that we are not affiliated with Bank Australia or any company we feature on our site and so we can only offer you general advice.
Here’s the eligibility Criteria to apply for Bank Australia No Annual Fee Visa Credit Card:
– You must be over the age of 18.
– You must be an Australian citizen or a permanent Australian resident.
– You must earn a regular income and must not have ever been bankrupt.
– You must have a good credit rating.
There’s no fee indicated if you have a low income or pension income.
You can also have a look on this pages for credit cards that you can compare if you have a low income or pension income:
https://www.finder.com.au/credit-cards/low-income-credit-cards
https://www.finder.com/credit-cards-for-retired-and-pensioner-applicants
Best regards,
Rench
November 18, 2017
Can I have a second card holder on the Bank Aus no fee credit card? Are there any costs for this second card?
November 19, 2017
Hi Matt,
Thanks for your inquiry
You may be able to request a second card from a different cardholder. Additional cardholders will have their own card PIN. You may contact the bank directly to request this. You may visit them at their office or try calling them.
Hope this information helps
Cheers,
Arnold
May 27, 2017
Is there a transaction limit on Bank Australia’s Visa Credit Card?
May 27, 2017
Hi Ruth,
Thank you for your enquiry.
There is a daily transaction limit on the Visa Credit Card of Bank Australia. A daily transaction limit of $1,000 for ATM/EFTPOS cash withdrawal applies. For Internet banking, a daily transaction limit of $50,000 applies for both internal transfers and Bill Pay and a daily transaction limit of $10,000 for both external and international transfers. However, you may apply to increase any of these limits at any time.
I hope this helps.
Kind regards,
Jason