Bank First Visa Platinum Card Review

Looking for a platinum credit card with low interest rates?

The Bank First Visa Platinum Credit Card offers a 0% introductory interest rate on purchases and balance transfers when you apply by 28 June 2019. This rate reverts to a competitively low interest rate of 9.99% p.a. (variable) thereafter.

Plus, get access to platinum privileges including complimentary international travel insurance, a 24/7 platinum concierge service and Visa Entertainment offers.

Product NameBank First Visa Platinum Credit Card
Balance transfer rate0% p.a. for 6 months
Maximum Balance Transfer AmountUp to available credit limit
Purchase rate (p.a.)0% p.a. for 6 months (reverts to 9.99% p.a.)
Offer end date28 June 2019
Annual fee$99 p.a.
Interest Free Period
The interest-free period is the maximum number of days during which interest is not charged on new purchases. This only applies if you pay your closing balance in full by the statement due date.
Up to 55 days on purchases
Cash advance rate (p.a.)19.99% p.a.
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
Card TypeVisa
Complimentary Travel InsuranceYes
Minimum Age18 years of age
Available To Temporary ResidentsNo
Joint ApplicationNo
Annual fee$99 p.a.
Minimum Monthly Repayment5% or $20, whichever is greater
Late Payment Fee$20
Cash Advance Fee$2.50
Overseas Cash Advance Fee$2.50
Overseas ATM Withdrawal Fee$2.50
Gambling Transactions AllowedNo
Additional Cardholder Fee$0


  • New cardholders who apply by 28 June 2019 can receive 0% p.a. interest rates on purchases and balance transfers for the first 6 months.
  • Get access to exclusive Visa Entertainment offers.
  • Enjoy the benefits of complimentary travel insurance and 24/7 platinum concierge services.


  • No rewards program linked to this card

Benefits of the Bank First Visa Platinum Credit Card

  • 0% p.a. on purchases and balance transfers. New cardholders who apply by 28 June 2019, can enjoy 0% interest rates on purchases and balance transfers for the first 6 months. After the introductory period, this will revert to the variable interest rate of 9.99% p.a.
  • Platinum concierge service. You can turn to a 24/7 global platinum concierge service for assistance in different ways. This service can help you book tickets for events, it can assist you in making travel plans, you can use it to reserve tables at restaurants and much more.
  • Overseas travel insurance. Complimentary international travel insurance can provide cover for overseas medical expenses, emergency dental expenses, flight cancellations, travel delays, missed connections, mugging, accidental death, and various other unforeseen events that can occur when travelling.
  • Platinum entertainment. This service gives you the ability to get front section seats to some of the most popular events and concerts, and you can even get backstage access.

Features of the Bank First Visa Platinum Credit Card

  • Annual fee. If you are not a Rewards Package customer, you will be charged $99 p.a. for the card's annual fee.
  • Low variable interest rate. This platinum card charges a low variable rate of 9.99% p.a. This rate applies to purchases and balance transfers.
  • Interest-free days. This card gives you up to 55 interest-free days on purchases if you pay the account’s closing balance in full each month.
  • Additional cardholders. You can get an additional card for any nominated individual over 18 years of age.
  • Credit limit. The minimum credit limit for this card is $6,000.

How to apply for the Bank First Visa Platinum Credit Card

Applying online takes no more than a few minutes, you can download an application, you can apply over the phone, or you can apply by visiting any Bank First service centre.

Eligibility criteria

Bank First requires that you meet the following minimum criteria to be eligible for this card:

  • You must be at least 18 years old
  • You must be a resident of Australia

Required documents

The application process requires you to provide different types of information, so make sure you have the following on hand:

  • Personal and identification details such as your name, contact information and driver's licence number
  • You employment status and your net income
  • You'll need to indicate whether you receive any government benefits or pensions, and also indicate your assets, debts and liabilities.

While this platinum card charges a low variable rate on purchases, it’s not the only card of its kind. Take some time to compare it with similar offerings before thinking about applying.

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2 Responses

  1. Default Gravatar
    JulieJanuary 13, 2019

    I would like advice on a credit card that I may be able to apply for on a pension.

    • finder Customer Care
      JoshuaJanuary 14, 2019Staff

      Hi Julie,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      To check your options, you may go to this page. On that page, you will be able to compare your credit cards for pensioners and learn how to apply. There’s a table there that lists some of your options as well as their corresponding details.

      Please make sure though to read the eligibility criteria, features and details of the card, as well as the relevant PDS/ T&Cs of the card before making a decision and consider whether the product is right for you.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!


Credit Cards Comparison

Rates last updated February 17th, 2019
Name Product Purchase rate (p.a.) Balance transfer rate Annual fee Product Description
Citi Clear Platinum Credit Card
12.99% p.a.
0% p.a. for 14 months
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers a 0% p.a. for 14 months balance transfer and $0 first year annual fee. Plus, insurance covers and Citibank Dining Program perks.
HSBC Platinum Credit Card
19.99% p.a.
0% p.a. for 22 months
$129 p.a.
0% p.a. for 22 months on balance transfers with no BT fee. Plus, a yearly annual fee refund when you spend $6,000 and 2 lounge passes per year.
NAB Qantas Rewards Signature Card
19.99% p.a.
0% p.a. for 6 months with 2% balance transfer fee
$295 p.a. annual fee for the first year ($395 p.a. thereafter)
Collect 90,000 bonus Qantas Points when you spend $4,000 within 60 days of account opening. Plus, a $295 annual fee in the first year.
ANZ Low Rate
12.49% p.a.
0% p.a. for 15 months
$58 p.a.
Save with a 0% p.a. introductory rate on balance transfers for 15 months with no BT fee. Plus a low 12.49% p.a. interest rate on purchases.

Compare up to 4 providers

* The credit card offers compared on this page are chosen from a range of credit cards has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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