Bank Australia Credit Cards


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 April 25th, 2018
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
Bank Australia Visa Credit Card
12.39% p.a.
$0 p.a.
Enjoy a competitively low 12.39% p.a. interest rate, a $0 annual fee, up to 55 days interest-free on purchases and Apple Pay or Google Pay.
Bank Australia Low Rate Visa Credit Card
9.39% p.a.
$59 p.a.
Enjoy the same competitively low 9.39% p.a. interest rate on purchases and cash advances, offers from Visa Entertainment and Google Pay or Apple Pay.
Bank Australia Platinum Rewards Visa Credit Card
18.24% p.a.
$189 p.a.
Receive complimentary overseas travel insurance, up to 55 interest-free days on purchases and earn up to 2 Qantas Points per $1 spent.

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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 and gives you access to funds around the world, anywhere Visa is accepted. Learn more about Low Rate Credit Cards

  • No annual fee credit card

The Bank Australia Visa Credit Card has a $0 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. Learn more about No Annual Fee Credit Cards

  • Platinum credit card with frequent flyer rewards

The Bank Australia Platinum Rewards Visa Credit Card earns 0.75 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 complimentary overseas travel insurance. This card attracts an annual fee of $189.

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.

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.

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    16 Responses

    1. Default Gravatar
      WillMay 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.

      • Staff
        JonathanMay 13, 2015Staff

        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.



    2. Default Gravatar
      StuartSeptember 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
        ShirleySeptember 26, 2014Staff

        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.


    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
        ShirleyJune 30, 2014Staff

        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.


    4. Default Gravatar
      DeanMarch 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
        JacobMarch 3, 2014Staff

        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
      MrSeptember 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
        JacobSeptember 16, 2013Staff

        Hi Atta.

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


    6. Default Gravatar
      MikeJune 21, 2013

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

      • Staff
        JacobJune 24, 2013Staff

        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
      TadeuszApril 25, 2013

      Any good cards $1000 to $2000 credit max?

      • Staff
        JacobApril 25, 2013Staff

        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
      RondaMarch 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
        MarcMarch 12, 2013Staff

        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,

    Credit Cards Comparison

    Rates last updated April 25th, 2018
    Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
    NAB Low Fee Platinum Card - Exclusive Offer
    19.74% p.a.
    0% p.a. for 25 months
    $90 p.a.
    Ends 6 May 2018.
    finder Exclusive: Take advantage of 0% p.a. interest for 25 months on balance transfers with no balance transfer fee.
    HSBC Platinum Credit Card
    19.99% p.a.
    0% p.a. for 22 months with 2% balance transfer fee
    $129 p.a.
    Offers a 0% p.a. for 22 months balance transfer and an annual fee refund each year when you spend $6,000. Plus, complimentary travel insurance.
    Virgin Money Low Rate Credit Card
    11.99% p.a.
    0% p.a. for 14 months
    $49 p.a.
    Offers a discounted annual fee, $100 cashback when you meet the spend requirement and up to 14 months on balance transfers. Ends 30 June 2018.

    Compare up to 4 providers

    * The credit card offers compared on this page are chosen from a range of credit cards 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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