BankSA No Annual Fee Card

Save on purchases with 0% interest rate for 12 months and no annual fee with BankSA No Annual Fee credit card.

The BankSA No Annual Fee Card is a no-frills Visa card suited to people who want to pay off existing debt and save on credit card costs with a $0 annual fee.

0% p.a.

Purchase rate

for the first 12 months (reverts to 20.74% p.a.)

$0 p.a.

Annual fee

55 days

Interest free period

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Product NameBankSA No Annual Fee
Balance transfer limit80% of available limit
Purchase rate0% p.a. for 12 months, reverts to 20.74% p.a.
Annual fee$0
Interest-free periodUp to 55 days on purchases
Cash advance rate21.49% p.a.
Min credit limit$500
Max credit limit$40,000
Card typeVisa
Foreign currency conversion fee3%
Available to temporary residentsYes - Conditions apply
Joint applicationNo


  • $0 annual fee for the life of the card
  • Purchase rate offer of 0% p.a. for 12 months
  • Request up to 3 additional cardholders at no extra cost


  • Purchase offer reverts to a high 20.74% p.a. variable purchase rate
  • The interest rate of 21.49% p.a. on cash advances is also high
Bonus pointsN/A
Annual fee$0
Minimum monthly repayment2% of the closing balance or $10, whichever is greater
Late payment fee$15
Foreign currency conversion fee3%
Cash advance fee3%
Overseas cash advance fee2%
Additional cardholder fee$0
Number of additional cardholders3

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.

Expert review

The BankSA No Annual Fee credit card is one of the few products that combines a 0% purchase rate offer with an ongoing $0 annual fee. However, it’s not the longest interest-free purchase rate offer on the market, so be sure to factor that into your comparison.

How to apply

You can apply for the BankSA No Annual Fee credit card online in 10 minutes and receive a response instantly. Before you get started, check if you meet the eligibility criteria and have the necessary documents to complete the application:

Eligibility criteria

  • Residency. To apply online, you must be an Australian citizen or permanent resident.
  • Age. You must be at least 18 years old to apply.

Card benefits

  • No annual fee. This card charges a $0 p.a. annual fee.
  • 0% purchase offer. When you apply by 24 February 2022, you can save with 0% p.a. on purchases for the first 12 months. At the end of the promotional period, the rate will revert to 20.74% p.a.

Rates & fees

  • Purchase interest rate. Outside of any promotions, your purchases will attract the 20.74% p.a. purchase interest rate.
  • Interest-free days. When you pay your monthly payment balance in full, which excludes current balance transfers, listed on your statement by the payment due date, you will receive up to 55 days interest-free on new purchases. Note that interest-free days are separate from any longer-term interest rate promotions.

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    Default Gravatar
    April 24, 2013

    can this card be over drawn by someone else like hackers if my limit is $500

      Avatarfinder Customer Care
      April 25, 2013

      Hi Ian. Technically yes. Generally you can only overdraw your account by a small amount, if at all. If you’re a victim of fraud, you can get your money back under the card scheme’s no liability policies. Thanks for your question. Jacob.

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