BankSA Vertigo card review | finder.com.au

BankSA Vertigo

Last updated:  

Save on credit card costs with 0% interest on balance transfers for the first 28 months with the BankSA Vertigo card.

If you have card debt you want to pay off, the BankSA Vertigo credit card currently offers 0% p.a. on balance transfers for the first 28 months (with no balance transfer fee) when you apply by 28 September 2021 and include details of your balance transfer as part of the application.

0% p.a.

Balance transfer rate

for 28 months

13.99% p.a.

Purchase rate

$55 p.a.

Annual fee

55 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!

Details

Product NameBankSA Vertigo
Balance transfer rate0% p.a. for 28 months
Balance transfer revert rateCash Advance Rate (21.49% p.a.)
Balance transfer limit80% of available limit
Purchase rate13.99% p.a.
Annual fee$55
Interest-free periodUp to 55 days on purchases
Cash advance rate21.49% p.a.
Min credit limit$500
Max credit limit$80,000
Card typeVisa
Foreign currency conversion fee3%
Available to temporary residentsYes - Conditions apply
Joint applicationYes - Conditions apply

Pros

  • 0% p.a. for 28 months on balance transfers with no BT fee
  • Competitive purchase interest rate of 13.99% p.a.
  • Additional cardholder at no extra cost

Cons

  • Classic 'no-frills' credit card with no perks or rewards
  • Balance transfer reverts to the high 21.49% p.a. cash advance rate
Bonus pointsN/A
Annual fee$55
Minimum monthly repayment2% of the closing balance or $10, whichever is greater
Late payment fee$15
Foreign currency conversion fee3%
Cash advance fee2% or $2.50, whichever is greater
Overseas cash advance fee2% or $2.50, whichever is greater
Additional cardholder fee$0
Number of additional cardholders1

Expert review

Avatar

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 BankSA Vertigo credit card gives you a mix of low-cost and everyday features, including an introductory 0% p.a. interest rate on balance transfers. If you want to pay off existing card debt, this balance transfer offer can help you save on interest charges for 28 months. But take note that any balance transfer debt left at the end of the introductory period will attract the variable cash advance interest rate.

How to apply

You can apply for the BankSA Vertigo credit card online in around 10 minutes. To get started, read through the following eligibility requirements and make sure you have all the details and documents you need to complete the application.

Eligibility criteria

  • Balance transfer debt. If you want to take advantage of a balance transfer promotion, BankSA allows you to transfer from $200 up to 80% of your approved credit limit from up to 3 non-BankSA, Bank of Melbourne or St.George Australian-issued credit, charge or store cards.
  • Residency. To apply online, you must be an Australian citizen or permanent resident.

Card benefits

  • 0% p.a. for 28 months on balance transfers. Apply for the BankSA Vertigo by 28 September 2021 and request a balance transfer at the time of your application to take advantage of this offer. At the end of the introductory period, any remaining balance transfer debt will be charged interest at the variable cash advance rate, currently 21.49% p.a.
  • Interest-free period. You will receive up to 55 days interest-free on new purchases when you pay your monthly payment balance listed on your statement in full by the payment due date. Note that these interest-free days are separate from any longer-term interest rate promotions and the monthly payment balance excludes current balance transfers.

Rates & fees

  • Annual fee. The BankSA Vertigo card charges an annual fee of $55.
  • Purchase interest rate. This card offers a competitive variable interest rate of 13.99% on purchases.

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 finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au 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.

33 Comments

    Default Gravatar
    Paul
    August 21, 2017

    Hi, Want to know if my wife and I have the balance transfer on up to 3 cards, one in my name and two in hers? eg joint application.?? No where to add second person in application?? Cheers Paul

      Default Gravatar
      Maria
      August 22, 2017

      Hi, Paul!

      Thank you for reaching out to us.

      It’s possible under some circumstances and it would be best to check directly with the card issuer to know your chances of approval.

      You may find useful information on our page about doing a balance transfer with joint primary cardholders.

      I hope this helps.

      Cheers!
      Maria

    Default Gravatar
    Helen
    July 24, 2017

    Hi there, can a Queenslander apply for the BankSA Vertigo Visa Credit Card with 0% p.a. on balance transfers for 18 months and $0 first year annual fee 0% p.a. on balance transfers for 18 months and $0 first year annual fee?

    Thanks
    Helen

      Avatarfinder Customer Care
      Rench
      July 27, 2017

      Hi Helen,

      Thank you for your inquiry. Please note that we are not affiliated with any company we feature on our site and so we can only offer you general advice.

      Yes, you are eligible for applying for BankSA Vertigo Visa based on your location. You may click on the ‘Go to Site’ button’ to submit an online application.

      Cheers,
      Rench

    Default Gravatar
    Jo
    July 1, 2017

    Upon transfer of cc balance, will Bank of SA close my other cc account from another provider? Thanks.

      Default Gravatar
      Jonathan
      July 1, 2017

      Hi Jo!

      You need to contact the other provider if you wish to close it as it does not happen automatically.

      Hope this helps.

      Cheers,
      Jonathan

    Default Gravatar
    Tom
    June 3, 2017

    Is this offer only available to SA and NT residents or is it available to all Australian residents?

      Default Gravatar
      Jonathan
      June 3, 2017

      Hi Tom!

      Thanks for your inquiry.

      Please be informed that this offer is not limited to NT or SA residents only. Kindly review the eligibility requirements and if you’re fine with them, you can click “Go to Site” green button to proceed with your application.

      Hope this clarifies.

      Cheers,
      Jonathan

    Default Gravatar
    Gwenda
    November 21, 2016

    Can I transfer a balance from Virgin money and St.George to Bank of South Aust.

      Avatarfinder Customer Care
      May
      November 21, 2016

      Hi Gwenda,

      Thanks for your question.

      Unfortunately, a balance transfer from a St. George credit card to any BankSA credit card is not allowed. However, you can request a BT from your Virgin Money credit card to BankSA Vertigo Visa so long that you meet the eligibility criteria and requirements of the BankSA credit card. Also when conducting a balance transfer, it’s best to remember these two conditions:

      1. You can’t transfer a balance to a credit card that is also underwritten by the same institution – for your reference, please read our balance transfer criteria guide to know which banks you can balance transfer to and from.

      2. The total amount you can transfer should not exceed the credit limit you’re approved for the new card. 

      Hope this has helped.

      Cheers,
      May

    Default Gravatar
    Jay
    November 2, 2016

    could i get 20,000 to 30,000 limit instantly after i apply through here?
    if i am an professional with income of $80,000 to $90,000?

      Avatarfinder Customer Care
      Dee
      November 2, 2016

      Hi Jay,

      Thanks for your question.

      Please note that finder.com.au is a financial information service that helps consumers make better decisions. We are not BankSA. As such, we are unable to know for sure if you will be able to get your desired credit limit or not.

      Ultimately, your credit card limit with BankSA will depend on their general assessment of your financial condition.

      Cheers,
      Anndy

    Default Gravatar
    marius
    October 11, 2016

    Can I transfer St George account over to Bank SA

      Avatarfinder Customer Care
      May
      October 11, 2016

      Hi Marius,

      Thank you for your inquiry.

      Unfortunately, the balance transfers are not possible between credit, charge and store cards issued by St.George, Bank of Melbourne and BankSA. Please see our balance transfer criteria guide to know which banks you are able to transfer balance to and from.

      Hope this helps.

      Cheers,
      May

    Default Gravatar
    Tracy
    June 12, 2016

    I applied for a credit card 5 business days ago and the email said they would action my documents within 72hours (3 business days) and then I got another email with the same application number on it from a different bank ?? and it said it would action it within 96 hours (4 business days). I haven’t heard anything at all for 5 business days. How do I know if it’s been approved or not?

      Avatarfinder Customer Care
      Ysa
      June 15, 2016

      Hi Tracy,

      Thanks for your question.

      Should you wish to track the status of your application, it would be best to speak with a BankSA customer service representative for direct assistance.
      I’ve emailed you the relevant contact details for your convenience.

      I hope this helps.

      Cheers,

      Ysa

    Default Gravatar
    Lesly
    May 25, 2016

    I am expecting to apply for a balance transfer with BankSA. I do not understand what means by “0.99% p.a. for up to 4 months on purchases from card approval” in BankSA terms. So this mean by 0.99% is charged on balance transfer amount?

      Avatarfinder Customer Care
      May
      May 26, 2016

      Hi Lesly, thanks for your question.

      With BankSA Vertigo Visa, once your application for this card is approved and you activate it, you will have 4 months (from the time of activation/approval) to enjoy using the card on purchases by incurring a competitive rate of 0.99% p.a. on all your purchases. After 4 months, your card will revert back to charging you 13.24% p.a. on purchases you make.

      As for the balance transfer, you will have 18 months to benefit the 0% interest to pay down your balance. After 18 months, any remaining balance on your card will incur 13.24% p.a.

      I hope this clarifies your confusion.

      Cheers,
      May

    Default Gravatar
    Amy
    May 14, 2016

    Hi, My current credit card is almost at the end of it’s interest free period. I want to balance transfer to another Interest free card, but I also want to combine my partners card and pay out the 2 at once. I just wanted to know If i can do a 0% balance transfer using a card in my name and also a card in someone else’s name (my partners)?

      Avatarfinder Customer Care
      Dee
      May 16, 2016

      Hi Amy,

      Thanks for your comment.

      Yes, there are banks that allow you and your partner to apply for a joint credit card account and transfer your individual credit card debt to the new card. You can check joint balance transfer credit cards to know which bank allows for such type of balance transfer. Once you have identified the bank, you can then check the comparison table on the same page and choose a suitable credit card for your needs.

      I hope this helps.

      Cheers,
      Anndy

Go to site