Bank Australia Credit Cards

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Choose from an array of credit cards with features such as frequent flyer points, no annual fees, or a low ongoing interest rate.

Bank Australia (formerly known as bankmecu) is a customer-owned bank with a history dating back to 1957. It now has over 130,000 members who benefit from a variety of financial products and services including credit cards, everyday banking accounts, savings accounts, term deposits, home loans, personal loans and insurance solutions.

Bank Australia's range of credit cards include a low rate card, a no annual fee card and a frequent flyer rewards card. These products all offer competitive rates, fees and additional features in comparison to similar products on the market.

Comparison of Bank Australia Credit Cards

Rates last updated February 19th, 2017.

Bank Australia No Annual Fee Visa Credit Card

Updated product name from Bank Australia Visa Creditto Bank Australia No Annual Fee Visa Credit Card

January 13th, 2017

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Jonathan Choi Jonathan
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Bank Australia Platinum Rewards Visa Credit Card
Earn Qantas Points on eligible purchases, as well as access to a whole range of exclusive platinum benefits.
18.24% p.a. $189 p.a. More info
Bank Australia No Annual Fee Visa Credit Card
Enjoy a competitively low rate with no annual fee and 55 days interest free on purchases.
12.39% p.a. $0 p.a. More info
Bank Australia Low Rate Visa Credit Card
Enjoy a competitively low rate and low annual fee from Bank Australia.
9.39% p.a. $59 p.a. More info

Types of credit cards from Bank Australia

Bank Australia's range of credit cards are designed to suit different spending habits and needs. The cards you can choose from include:

  • Low rate credit card

The Bank Australia low rate credit card offers a low ongoing variable purchase rate of 9.39% p.a. This card attracts a nominal annual fee of $59 p.a. and gives you access to funds around the world, anywhere Visa is accepted.

Rates last updated February 19th, 2017
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Interest Free Period
Bank Australia Low Rate Visa Credit Card
A credit card which offers a low interest rate and low annual fee.
9.39% p.a. $59 p.a. 0 interest free days More info
Rates last updated February 19th, 2017
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Interest Free Period
NAB Low Rate Credit Card
The NAB Low Rate Card offers 0% p.a. on balance transfers for 18 months. This card also comes with a low annual fee.
13.99% p.a. 0% p.a. for 18 months with a one off 3% balance transfer fee $59 p.a. Up to 55 days on purchases Go to site More info
St.George Vertigo Visa
Introductory offer of 0% p.a. for 18 months on balance transfers and 0% p.a. for 6 months on purchases, plus a low annual fee.
0% p.a. for 6 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. Up to 55 days on purchases Go to site More info
American Express Essential Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card. Also enjoy a 0% p.a. balance transfer rate for 12 months.
14.99% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. Up to 55 days on purchases Go to site More info
Bank of Melbourne Vertigo Visa Credit Card
Enjoy a low annual fee combined with 0% p.a. balance transfer offer for 18 months and 0% p.a. for up to 6 months on purchases.
0% p.a. for 6 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. Up to 55 days on purchases Go to site More info
HSBC Low Rate Credit Card
This card comes with a balance transfer offer, a low interest rate and up to 55 days interest-free on purchases.
13.25% p.a. 0% p.a. for 15 months with 2% balance transfer fee $55 p.a. Up to 55 days on purchases Go to site More info
Bankwest Breeze MasterCard
Enjoy an introductory rate of 0% p.a. on balance transfers for 21 months (2% balance transfer fee applies). Limited time only.
12.99% p.a. 0% p.a. for 21 months with 2% balance transfer fee $59 p.a. Up to 55 days on purchases Go to site More info
ANZ Low Rate Platinum Credit Card
$250 Back plus 0% p.a. for the first 6 months on purchases from approval.
0% p.a. for 6 months (reverts to 13.49% p.a.) $99 p.a. Up to 55 days on purchases Go to site More info
NAB Low Rate Platinum Card
Offers a low introductory rate of 0% p.a. on balance transfers for 18 months plus enjoy premium benefits including international travel insurance.
13.99% p.a. 0% p.a. for 18 months with 3% balance transfer fee $100 p.a. Up to 55 days on purchases Go to site More info
Westpac Low Rate Card
A simple low interest rate card featuring a low ongoing rate on purchases, up to 55 days interest-free on purchases and a low annual fee.
0% p.a. for 6 months (reverts to 13.49% p.a.) 0% p.a. for 12 months $59 p.a. Up to 55 days on purchases Go to site More info
Learn more about Low Rate Credit Cards
  • No annual fee credit card

The Bank Australia No Annual Fee Visa Credit Card has a $0 p.a. annual fee and a competitive standard variable purchase rate of 12.39% p.a. It also offers up to 55 interest-free days on purchases when you pay your balance in full by the due date on each statement.

Rates last updated February 19th, 2017
Annual fee Purchase rate (p.a.) Balance transfer rate (p.a.)
Bank Australia No Annual Fee Visa Credit Card
Pay $0 annual fee ever with a competitive interest rate on both purchases and cash advances.
$0 p.a. 12.39% p.a. More info
Rates last updated February 19th, 2017
Annual fee Purchase rate (p.a.) Balance transfer rate (p.a.)
American Express Essential Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card. Also enjoy a 0% p.a. balance transfer rate for 12 months.
$0 p.a. 14.99% p.a. 0% p.a. for 12 months with 1% balance transfer fee Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
$149 p.a. 19.99% p.a. 0% p.a. for 15 months Go to site More info
ANZ Frequent Flyer Black
Earn 75,000 bonus Qantas Points when you spend $2,500 on eligible purchases within the first 3 months plus enjoy $0 annual fee for the first year. Also, receive complimentary airport lounge access and 24/7 concierge service.
$0 p.a. annual fee for the first year ($425 p.a. thereafter) 19.99% p.a. Go to site More info
Citi Simplicity Card
Pay no annual fee to ever, plus receive access to complimentary purchase insurance and the Citibank Dining Program.
$0 p.a. 19.99% p.a. 0% p.a. for 15 months with 1.5% balance transfer fee Go to site More info
ANZ Platinum Credit Card - Exclusive Offer
Receive a low introductory offer of 0% p.a. on purchases for 3 months and 0% p.a. on balance transfers for 12 months. Also, enjoy an annual fee waiver in the first year.
$0 p.a. annual fee for the first year ($87 p.a. thereafter) 0% p.a. for 3 months (reverts to 19.74% p.a.) 0% p.a. for 12 months Go to site More info
ANZ Frequent Flyer Platinum
Get 50,000 bonus Qantas Points when you apply online, are approved and spend $2,500 on eligible purchases within the first 3 months. Enjoy a waived annual fee for the first year and earn up to 1.5 Qantas Points per dollar spent.
$0 p.a. annual fee for the first year ($295 p.a. thereafter) 19.99% p.a. Go to site More info
American Express Platinum Edge Credit Card
Receive 5,000 Membership Rewards Bonus Points when you meet the minimum spend requirement. Enjoy a $200 travel credit every year and get 0% p.a. for 12 months on balance transfers.
$0 p.a. annual fee for the first year ($195 p.a. thereafter) 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee Go to site More info
Virgin No Annual Fee Credit Card
No annual fee credit card with $100 cashback and a long term low rate balance transfer offer of 0% p.a. for 18 months with 2% balance transfer fee. Spend criteria applies for cashback offer.
$0 p.a. 18.99% p.a. 0% p.a. for 18 months with 2% balance transfer fee Go to site More info
28 Degrees Platinum MasterCard
No annual fee for life, up to 55 days interest-free on purchases and no foreign transaction fees.
$0 p.a. 21.99% p.a. 4.99% p.a. for 6 months Go to site More info
Learn more about No Annual Fee Credit Cards
  • Platinum credit card with frequent flyer rewards

The Bank Australia Platinum Rewards Visa Credit Card earns 1 Qantas Point per $1 spent on eligible purchases and 2 points per $1 spent on selected Qantas products and services in Australia. It also offers platinum perks including a 24/7 concierge service and complimentary overseas travel insurance. This card attracts an annual fee of $189 p.a.

Rates last updated February 19th, 2017
Bonus Points Points per $ spent Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Bank Australia Platinum Rewards Visa Credit Card
Receive platinum cardholder benefits, complimentary overseas travel insurance, plus earn up to 2 Qantas Points per $1 spent.
1 18.24% p.a. $189 p.a. More info
Rates last updated February 19th, 2017
Bonus Points Points per $ spent Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
ANZ Frequent Flyer Black
Earn 75,000 bonus Qantas Points after you spend $2,500 on eligible purchases within the first 3 months plus enjoy $0 annual fee for the first year. Plus, enjoy easy payments with Apple Pay.
75,000 bonus points VISA/MC: 0.75 AMEX: 1.5 19.99% p.a. $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
A balance transfer offer of 0% p.a. for 18 months. Earn 2 bonus Velocity Points in the first 3 months plus receive a free Virgin Australia $129 Gift Voucher each year.
VISA/MC: 0.66 AMEX: 0 20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
HSBC Platinum Qantas Credit Card
Receive 60,000 bonus Qantas Points on eligible spend within 3 months. Enjoy access to premium benefits and complimentary insurance.
60,000 bonus points VISA/MC: 1 AMEX: 0 19.99% p.a. $199 p.a. Go to site More info
American Express Essential Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card. Also enjoy a 0% p.a. balance transfer rate for 12 months.
1 14.99% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. Go to site More info
American Express Qantas Ultimate Card
Enjoy up to 50,000 bonus Qantas Points on eligible spend, earn up to 3 Qantas Points per $1 spent and get a free domestic return flight every year.
50,000 bonus points VISA/MC: 0 AMEX: 1 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $450 p.a. Go to site More info
ANZ Frequent Flyer Platinum
Earn up to 1.5 Qantas Points per $1 spent on purchases, receive 50,000 Qantas Points when you spend $2,500 on eligible purchases for the first three months. Plus, enjoy a waived annual fee for the first year.
50,000 bonus points VISA/MC: 0.5 AMEX: 1.5 19.99% p.a. $0 p.a. annual fee for the first year ($295 p.a. thereafter) Go to site More info
American Express Explorer Credit Card
Receive 50,000 Membership Rewards Bonus Points on eligible spend within the first 3 months of Card Membership. Also enjoy a $400 travel voucher and two complimentary airline passes per year.
50,000 bonus points 2 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $395 p.a. Go to site More info
American Express Velocity Platinum Card
Enjoy up to 50,000 bonus Velocity Points when you meet the minimum required spend and earn up to 3 rewards points per dollar spent. Also receive a complimentary return flight every year.
50,000 bonus points VISA/MC: 0 AMEX: 1 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $349 p.a. Go to site More info
Virgin Australia Velocity Flyer Card - 0% Interest Offer
Receive an exclusive Virgin Australia Gift Voucher each year and benefit from 0% p.a. introductory rates on purchases and balance transfers.
VISA/MC: 0.66 AMEX: 0 0% p.a. for 12 months (reverts to 20.74% p.a.) 0% p.a. for 6 months $129 p.a. Go to site More info
American Express Velocity Escape Card
Enjoy 7,500 bonus Velocity Points when you meet the minimum spend requirement and earn up to 2 points for every $1 you spend, together with a $0 annual fee.
7,500 bonus points VISA/MC: 0 AMEX: 1 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. Go to site More info
Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
Receive up to 30,000 bonus Velocity Points and earn 1 Velocity Points per $1 spent. Receive an exclusive $129 Virgin Australia Gift Voucher and two complimentary Single Entry Virgin Australia domestic Lounge passes each year.
30,000 bonus points VISA/MC: 1 AMEX: 0 20.74% p.a. 1.9% p.a. for 15 months $144 p.a. annual fee for the first year ($289 p.a. thereafter) Go to site More info
Learn more about Frequent Flyer Credit Cards

What are the benefits of banking with Bank Australia?

Banking with Bank Australia comes with a number of benefits, and here’s what you can look forward to as a Bank Australia member:

  • Savings

Bank Australia is 100% owned by customers. This means the bank can put profits back into providing better rates and fees for members.

  • Round-the-clock customer service

Bank Australia members who reside in New South Wales, Victoria, Queensland, South Australia, and ACT can get in touch with a Bank Australia representative over the phone at any time of the day or night.

  • Internet banking

In keeping up with changing times, Bank Australia gives you the ability to access your account information over the internet, through its online and mobile banking platforms. You can turn online to change personal details, view transaction history, and make payments.

  • Community investments

When you bank with Bank Australia, you know that you’re part of an initiative aimed at giving back to society. It has a Conservation Reserve designed to help protect endangered species and offset the bank's environmental impact. It also invests a portion of profits in projects that address social issues through the Bank Australia Impact Fund.

  • Balance transfer offers

Bank Australia regularly offer balance transfer promotions on their credit cards. For more information, here is a step-by-step guide to balance transfers with Bank Australia

How to apply for a Bank Australia credit card

You can apply for a Bank Australia credit card online or by visiting any Bank Australia service centre. Before you apply, make sure you meet the eligibility requirements and have all the required documents and information on hand.

Eligibility criteria

If you wish to apply online, ensure first that you meet the following eligibility criteria:

  • You must be at least 18 years of age
  • You must be an Australian citizen or a permanent resident of Australia
  • You must have good credit rating

Required documents

To complete the application, prepare to provide the following information:

  • Employment details and details of income from all sources
  • Details of assets like property, vehicles, investments, and savings
  • Details of liabilities like loans, credit cards, overdrafts, and lines of credit
  • Details from your Australian driver’s license, passport, or Medicare card

Bank Australia credit cards offer a variety of competitive features that allow you to cut down on credit costs or take advantage of rewards and platinum perks. As there are many other credit cards that provide similar features, make sure to compare your options before applying to ensure that you select the right card for you.

Frequently asked questions

You can find frequently asked questions about Bank Australia credit cards below. Contact us using the form at the bottom of the page if you still have a question about Bank Australia credit cards.

How can I access my account online?

You have to start by completing and submitting an Internet banking application form. Once Bank Australia approves this application, you can access your account using an internet enabled PC or smartphone.

What happens after I apply for a Bank Australia credit card?

If you complete a quick application, a Bank Australia representative will be in touch to complete your application.

If you completed a full online application, check your email inbox for a message from Bank Australia about your application. You may need to verify your identity before the application can be fully processed. If this is the case, Bank Australia will provide you with instructions on what to do next.

If you haven’t been given a response about your credit card application, call Bank Australia on 132 888, 8am - 8pm Monday to Friday.

How is a customer-owned bank different from a normal bank?

When a customer-owned bank makes money, the customers benefit from better deals. Bank Australia has actually put a dollar figure on the value it gives its customers. Have a look at their Customer Value Statement for the latest figures.

How do I access my account online?

Download and complete an Internet Banking Application Form from the Bank Australia website to view and manage your credit card online. Send the form to Bank Australia by email, fax or in person at a branch. You can also register for internet banking by calling Bank Australia on 132 888.

How does the interest-free days feature work?

The "up to" interest-free days feature allows you to make interest-free purchases on your credit card. You need to pay back what you spend at the end of the month to keep getting interest-free days.

What do I do if I lose my card or it’s stolen?

Lost or stolen credit cards should be reported to Bank Australia immediately. Contact Bank Australia on 132 888 or +61 3 9854 4666 if you’re overseas.

Am I protected from credit card fraud?

Both Visa and Mastercard credit cards are protected against fraudulent transactions. They offer zero liability guarantees that protect you when you’re shopping online or over the counter, including for contactless payments.

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ANZ Platinum Credit Card - Exclusive Offer
ANZ Platinum Credit Card - Exclusive Offer

Interest rate

19.74

Annual fee

87
American Express Essential Credit Card
American Express Essential Credit Card

Interest rate

14.99

Annual fee

0
HSBC Platinum Credit Card
HSBC Platinum Credit Card

Interest rate

19.99

Annual fee

149

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16 Responses to Bank Australia Credit Cards

  1. Default Gravatar
    Will | May 11, 2015

    My Visa Mecu credit card was retained by the Westpac ATM when I used an incorrect PIN.
    I have already reported this by telephone to MECU, and I now need to have another card issued.
    Is their a shorter process for getting a replacement card given that I’ve had one in the past. The lost card was due to expire this month.
    Also, we do have access to internet banking with MECU.
    Thanks
    Will

    • Staff
      Jonathan | May 13, 2015

      Hi Will, thanks for your inquiry!

      Replacement cards will be replaced within 5 working days in Australia. If you are overseas, VISA International can organise a replacement card, however it will cost US$175 and will not be issued with a PIN.

      Cheers,

      Jonathan

  2. Default Gravatar
    Stuart | September 24, 2014

    Hi, I have noticed on bankmecu’s website that they have a Platinum Qantas Rewards Visa Card also.. Which is not displayed on this page..

    • Staff
      Shirley | September 26, 2014

      Hi Stuart,

      Thanks for your question.

      Although we cover a wide range of products, issuers and services we don’t cover every product, issuer or service available in the market so there may be other options available to you.

      Cheers,
      Shirley

  3. Default Gravatar
    | June 27, 2014

    Hi I have 2 big credit cards with a total of $27,000. Please give me advice as to how can I pay my debt off quickly effectively that will be
    an advantage in saving and the best option. I have a very good credit history. Looking to approach Bankmecu for assistance – cards are with Citibank and Bankwest. Thanks

    • Staff
      Shirley | June 30, 2014

      Hi Briget,

      Thanks for your question.

      Unfortunately we cannot provide financial advice but we have an article on ‘steps to reducing $50k debt‘.

      Bankmecu may be able to assist, as you cards are Citibank and Bankwest. If you would like more information on balance transfers, please see this page.

      Cheers,
      Shirley

  4. Default Gravatar
    Dean | March 3, 2014

    I have two credit cards. One is with Commonwealth, the other is with GE. I would like to pay both of these out and get two credit cards with no annual fee and low interest rates. What do you recommend? Thanks.

    • Staff
      Jacob | March 3, 2014

      Hi, Dean.

      Thanks for your question.

      If you’re looking to reduce credit card interest transfers, you may want to consider consolidating the balance of both your cards through a balance transfer. You can compare balance transfer credit cards on this page.

      This page has some good information on balance transfers. There are things you need to be aware of, like revert rates and balance transfer limits.

      You can use the table headings to arrange the cards by their interest rates and by their annual fee. If you would like a side by side comparison of cards, you can click the boxes to the left of the card name (and then click compare at the top or bottom of the table). You can find out more information about the cards by clicking through to the review page. You can apply for a card through the review pages too.

      I hope this helps. Let us know if you have any other questions.

  5. Default Gravatar
    Mr | September 16, 2013

    Sir/Madam, I want to open an account with Bankmecu. I am a resident of Mildura, Victoria, Australia. Is there a branch in Mildura? If yes where is it? If no where is the nearest branch? Thanks. Atta.

    • Staff
      Jacob | September 16, 2013

      Hi Atta.

      You can find a Bank MECU branch at, 134A Eighth Street, Mildura VIC 3500. Open Mon-Fri 9am-5pm.

      Thanks.

  6. Default Gravatar
    Mike | June 21, 2013

    What are they ways available to pay the monthly repayments and are there any fees on any of the ways ?

    • Staff
      Jacob | June 24, 2013

      Hi Mike. Thanks for your question. You can pay this card from another account using BPAY, you can pay this card by cheque, in person at branch or you can pay this card at Australia Post. There may be a charge of a couple of dollars if you pay your card at Australia Post. Hope this helps. Jacob.

  7. Default Gravatar
    Tadeusz | April 25, 2013

    Any good cards $1000 to $2000 credit max?

    • Staff
      Jacob | April 25, 2013

      Hi Tadeusz.Thanks for your question. Please compare credit card here. Your credit limit will be set based on the financial information you provide in your application. You can elect a credit limit, but the final say is up to the banks, they’ll assign a credit limit based on the limit they think you can service. Jacob.

  8. Default Gravatar
    Ronda | March 6, 2013

    I have been with MECU for more than 25 yrs. I now have a Westpac Mastercard with $1200 owing. I have $20.000 credit. We are going overseas to USA in April and considering a credit card change. We own 2 homes 2 cars no dependents or debts. We are self funded seniors and I am a professional working part time can you advise please?

    • Staff
      Marc | March 12, 2013

      Hello Ronda,
      thanks for the question!

      It may be useful to check out our page on overseas credit cards. This page contains information about the types of international transaction fees you could stand to pay, as well as what credit cards minimise these fees.

      I hope this helps,
      Marc.

Credit Cards Comparison

Rates last updated February 19th, 2017
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Earn 2 Velocity Points per $1 spent and save with a reduced annual fee and a 0% p.a. balance transfer offer for 18 months.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
HSBC Platinum Qantas Credit Card
Receive 60,000 bonus Qantas Points on eligible spend within 3 months. Enjoy access to premium benefits and complimentary insurance.
19.99% p.a. $199 p.a. Go to site More info
NAB Low Rate Credit Card
The NAB Low Rate Card offers 0% p.a. on balance transfers for 18 months. This card also comes with a low annual fee.
13.99% p.a. 0% p.a. for 18 months with a one off 3% balance transfer fee $59 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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