BankVic Visa Gold credit card
Pay a low interest rate of 6.99% on balance transfers and purchases for the first 6 months and reward your spending with cash rewards.
You can use the BankVic Visa Gold credit card to save whether you’re paying off an existing debt or making new purchases. New customers can take advantage of an introductory interest rate on balance transfers and purchases for the first 6 months. This card is also linked to a cashback rewards program that rewards you with $1 for every $250 you spend. These features come at the cost of a competitive $50 annual fee.
6.99% p.a.
Balance transfer rate
for 6 months
6.99% p.a.
Purchase rate
for the first 6 months (reverts to 16.95% p.a.)
$50 p.a.
Annual fee
55 days
Interest free period
Details
| Product Name | BankVic Visa Gold |
|---|---|
| Balance transfer rate | 6.99% p.a. for 6 months |
| Balance Transfer Revert Rate | Purchase Rate (16.95% p.a.) |
| Purchase rate (p.a.) | 6.99% for 6 months, reverts to 16.95% p.a. |
| Annual fee | $50 p.a. |
| Interest Free Period | 55 days |
| Cash advance rate (p.a.) | 16.95% p.a. |
| Min credit limit | $5,000 |
| Max credit limit | $30,000 |
| Card Type | Visa |
| Foreign Currency Conversion Fee (Visa/Mastercard) | 3.65% of transaction value |
| Complimentary Travel Insurance | Yes |
| Minimum Age | 18 years of age |
|---|---|
| Available to Temporary Residents | No |
| Joint Application | No |
Pros
- Charges a competitive annual fee of $50
- 6.99% p.a. on purchases and balance transfers for the first 6 months
- Comes with international travel insurance and a 24/7 access to online and phone banking services
Cons
- Other cards offer 0% on balance transfers or purchases for longer introductory periods
| Annual fee | $50 p.a. |
|---|---|
| Minimum Monthly Repayment | 2.5% of the closing balance or $20, whichever is greater |
| Late Payment Fee | $15 |
| Foreign Currency Conversion Fee (Visa/Mastercard) | 3.65% of transaction value |
| Cash Advance Fee | $4 |
| Overseas Cash Advance Fee | $4 |
| Number of Additional Cardholders | 1 |
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.
