BankSA Vertigo Platinum
Last updated:
Get existing card debt under control with 0% on balance transfers for 18 months and a reduced first year annual fee with the BankSA Vertigo Platinum.
The Vertigo Platinum is BankSA’s premium low rate credit card, boasting a long-term 0% balance transfer promotion and competitive purchase interest rate.
0% p.a.
Balance transfer rate
for 18 months
12.99% p.a.
Purchase rate
$49 p.a.
Annual fee
for the first year ($99 p.a. thereafter)
55 days
Interest free period
Details
| Product Name | BankSA Vertigo Platinum |
|---|---|
| Balance Transfer Rate | 0% p.a. for 18 months |
| Balance Transfer Revert Rate | Cash Advance Rate (21.49% p.a.) |
| Balance Transfer Limit | 80% of available balance |
| Purchase Rate | 12.99% p.a. |
| Annual Fee | $49 for the first year ($99 thereafter) |
| Interest Free Period | 55 days |
| Cash Advance Rate | 21.49% p.a. |
| Minimum Credit Limit | $6,000 |
| Maximum Credit Limit | $80,000 |
| Card Type | Visa |
| Foreign Currency Conversion Fee (Visa/Mastercard) | 3% of transaction value |
| Complimentary Travel Insurance | Yes |
| Minimum Age | 18 years of age |
|---|---|
| Available to Temporary Residents | No |
| Joint Application | Yes |
Pros
- 0% p.a. for the first 18 months on balance transfers, with no balance transfer fee
- Discounted annual fee of $49 for the first year
- Complimentary insurance covers including overseas travel and extended warranty for purchases
Cons
- The variable cash advance rate of 21.49% p.a. applies after the promotional balance transfer period
- Platinum-tier card that does not offer rewards
| Annual Fee | $49 for the first year ($99 thereafter) |
|---|---|
| Minimum Monthly Repayment | 2% of the closing balance or $10, whichever is greater |
| Late Payment Fee | $15 |
| Foreign Currency Conversion Fee (Visa/Mastercard) | 3% of transaction value |
| Cash Advance Fee | 2% or $2.50, whichever is greater |
| Overseas Cash Advance Fee | 2% or $2.50, whichever is greater |
| Additional Cardholder Fee | $0 |
| Number of Additional Cardholders | 3 |
Expert review
Review by
Sally McMullen
sally.mcmullen@finder.com.auSally McMullen is Finder's credit cards and frequent flyer editor by day and a music maven by night. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone.
