BankSA Vertigo Classic
- 0% p.a. for 16 months on balance transfers
Offer ends 2 October 2019
Eligibility criteria, terms and conditions, fees and charges apply
Save on credit card costs with a 0% p.a. interest rate on balance transfers for 16 months with the BankSA Vertigo credit card.
This low rate credit card gives you a variable interest rate of 13.99% p.a. on purchases and offers mobile payments through Google Pay.
The 0% p.a. balance transfer offer is available if you apply for the BankSA Vertigo by 2 October 2019 and request a balance transfer at the time of your application.
| Product Name | BankSA Vertigo Classic |
|---|---|
| Balance transfer rate | 0% p.a. for 16 months |
| Balance transfer revert rate The interest rate that will apply to any remaining balance after the balance transfer term ends. | Cash Advance Rate (21.49% p.a.) |
| Balance Transfer Limit | 80% of available credit limit |
| Purchase rate (p.a.) | 13.99% p.a. |
| Offer end date | 2 October 2019 |
| Annual fee | $55 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.) | 21.49% p.a. |
| Min credit limit This is the lowest credit limit you can be granted. It is possible to request a higher credit limit but not a lower one than this figure. | $500 |
| Max credit limit This is the maximum credit limit available on this card and you can apply for increases after the account has been opened. This credit limit may not be issued to you immediately upon application. | $80,000 |
| Card Type | Visa |
| Foreign Currency Conversion Fee (VISA) Charged when you make a transaction that is converted by Visa from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution. | 3% of transaction value |
| Complimentary Travel Insurance | No |
| Minimum Age | 18 years of age |
|---|---|
| Available To Temporary Residents | No |
| Joint Application | Yes |
| Annual fee | $55 p.a. |
|---|---|
| Minimum Monthly Repayment | 2% or $10, whichever is the greater |
| Late Payment Fee | $15 |
| Foreign Currency Conversion Fee (VISA) Charged when you make a transaction that is converted by Visa from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution. | 3% of transaction value |
| Cash Advance Fee | 2% of the value of the transaction or minimum charge of $2.50 |
| Overseas Cash Advance Fee | 2% |
| Gambling Transactions Allowed | Yes |
| Additional Cardholder Fee | $0 |
| Number of Additional Cardholders | 1 |
Pros
- Take advantage of an introductory balance transfer rate of 0% p.a. for up to 16 months, with no balance transfer fee.
- This card charges a low variable purchase rate of 13.99% p.a. which is among the cards with the lowest rates in the market.
- You can request an additional cardholder at no extra cost.
- Secure shopping and fraud monitoring
Cons
- This is a classic 'no-frills' credit card with no additional features, perks or rewards.
Benefits of BankSA Vertigo Classic
- 0% p.a. for 16 months on balance transfers. Apply for the BankSA Vertigo by 2 October 2019 and request a balance transfer at the time of your application to take advantage of this offer. You can transfer and/or consolidate debt from up to 3 Australian credit cards, store cards or charge cards held in your name, as long as they and not issued by BankSA, Bank of Melbourne or St.George. At the end of the introductory period, any remaining balance transfer debt will be charged interest at the variable cash advance rate. You can transfer a minimum of $200 and up to 80% of your approved credit limit and you must still make minimum repayments.
- Low interest rate. This card offers a variable interest rate of 13.99% p.a. on purchases.
- Up to 55 interest-free days. If you pay off the total closing balance by the due date on each statement, you can get up to 55 days interest-free on purchases made with this card. Note that interest-free days are not available if you carry a balance transfer debt.
- Google Pay. Make tap and go payments straight from your phone or other compatible Android device by adding this card to Google Pay.
- Visa offers. Get access to exclusive travel, entertainment and shopping offers listed on the Visa and Visa Entertainment websites.
Features of BankSA Vertigo Classic
- Annual fee. The BankSA Vertigo Classic card charges an annual fee of $55 that is competitive among low rate and balance transfer cards.
- Cash advance rate. A variable interest rate of 21.49% p.a. applies if you make a cash advance transaction or you have debt remaining from your balance transfer at the end of the 16-month introductory balance transfer period.
- Cash advance fee. A fee worth 2% of the value of the transaction or minimum charge of $2.50 applies when you use this card to withdraw cash or for any other cash advance transactions.
- Foreign currency conversion fee. If you use this card overseas or online with a retailer that's based overseas, you will be charged a fee worth 3% of the transaction value.
How to apply for the BankSA Vertigo Classic
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
- Residency. You must be an Australian citizen or permanent resident.
- Age. You must be at least 18 years old to apply.
- Balance transfer details. The introductory balance transfer offer is only available if you apply by 2 October 2019 and request a balance transfer from up to 3 Australian credit, store or charge cards that are not issued by St.George, BankSA or Bank of Melbourne. A minimum balance transfer amount of $200 also applies.
Documents and details to provide
- Personal details. This includes your full name, email address, contact number, residential address, relationship status and number of dependents. You also need to provide valid ID, such as your driver's licence number, passport number and Medicare card number.
- Employment details. As well as your salary, you need to provide details such as your job title, length of employment and your employer's contact details. If you're self-employed, you may need to provide your accountant's contact details. You may also need to provide supporting documents, such as recent payslips, tax assessment notices or bank statements.
- Financial details. This includes any other forms of income, such as government payments or pensions, as well as your savings and other assets. You also need to share details of your existing cards, loans, debts and estimate your share of regular household expenses such as rent, bills and groceries.
- Balance transfer details. The balance transfer offer on this card is only available if you include your request with the application. This means you need to provide details of the amount of debt you want to transfer, as well as the account name, number and the provider's BSB.
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
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 on Balance Transfers with Joint Primary Cardholders.
I hope this helps.
Cheers!
Maria
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
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
Upon transfer of cc balance, will Bank of SA close my other cc account from another provider? Thanks.
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
Is this offer only available to SA and NT residents or is it available to all Australian residents?
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
Can I transfer a balance from Virgin money and St.George to Bank of South Aust.
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 guide please refer to this page.
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
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?
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
Can I transfer St George account over to Bank SA
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. You may find more information on which banks you can transfer a balance to and from on this page.
Hope this helps.
Cheers,
May
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?
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
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?
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
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)?
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 this page 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