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.

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.

Name Product Purchase rate (p.a.) Interest Free Period Annual fee Balance transfer rate (p.a.) Product Description
Bank Australia Low Rate Visa Credit Card
9.39% p.a.
0 interest free days
$59 p.a.
A credit card which offers a low interest rate and low annual fee.

Compare up to 4 providers

Name Product Purchase rate (p.a.) Interest Free Period Annual fee Balance transfer rate (p.a.) Product Description
HSBC Low Rate Credit Card
13.25% p.a.
Up to 55 days on purchases
$55 p.a.
0% p.a. for 15 months with 2% balance transfer fee
Save with 13.25% p.a. on purchases. Also enjoy exclusive offers with the home&Away Privilege Program.
St.George Vertigo Visa
13.24% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
0% p.a. for 14 months
Save with 13.24% p.a. on purchases. Also enjoy up to 55 days interest-free.
St.George Vertigo Platinum
12.74% p.a.
Up to 55 days on purchases
$99 p.a.
0% p.a. for 20 months
Save with 12.74% p.a. on purchases. Also enjoy Visa Platinum Concierge service.
Westpac Low Rate Card - Online Only Balance Transfer Offer
13.49% p.a.
Up to 55 days on purchases
$59 p.a.
0% p.a. for 24 months with 2% balance transfer fee
A low interest rate on everyday purchases and a long term balance transfer rate offer of 0% for 24 months.
Bendigo Bank Basic Black Credit Card
12.24% p.a.
Up to 44 days on purchases
$45 p.a.
A basic credit card that features low interest rates, low annual fee and up to 44 interest-free days on purchases.
ANZ Low Rate Platinum
11.49% p.a.
Up to 55 days on purchases
$99 p.a.
0% p.a. for 16 months with 2% balance transfer fee
Enjoy platinum benefits with exclusive discounts, complimentary travel insurance and personal concierge. Also repay your credit card debt interest-free with 0% p.a. for 16 months on balance transfers.
NAB Low Rate Platinum Card
13.99% p.a.
Up to 55 days on purchases
$100 p.a.
0% p.a. for 18 months with 3% balance transfer fee
Save with 13.99% p.a. on purchases. Also enjoy access to 7 complimentary insurances.
ANZ Low Rate
12.49% p.a.
Up to 55 days on purchases
$58 p.a.
0% p.a. for 16 months with 2% balance transfer fee
Take advantage of 0% p.a. for 16 months on balance transfers and a low ongoing interest rate on purchases.
Coles Low Rate Mastercard
12.99% p.a.
Up to 62 days on purchases
$49 p.a.
0% p.a. for 6 months
Receive $100 off a single Coles Supermarket shop If you apply, are approved by 30 June 2017 and make a purchase within the first 30 days.
Bank of Melbourne Vertigo Platinum
12.74% p.a.
Up to 55 days on purchases
$99 p.a.
0% p.a. for 20 months
Save with 12.74% p.a. on purchases. Also enjoy up to 55 days interest-free.

Compare up to 4 providers

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.

Rates last updated May 28th, 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
Name Product Annual fee Purchase rate (p.a.) Balance transfer rate (p.a.) Product Description
American Express Essential®  Credit Card
$0 p.a.
14.99% p.a.
0% p.a. for 12 months with 1% balance transfer fee
Receive a $50 credit on eligible spend and get Smartphone screen insurance when you pay for your phone or contract.
Citi Simplicity Card
$0 p.a.
19.99% p.a.
0% p.a. for 6 months
Receive access to complimentary purchase insurance and free bottles of wine with the Citibank Dining Program.
St.George Vertigo Visa
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
13.24% p.a.
0% p.a. for 14 months
Get up to 55 interest-free days on purchases and an additional card for $0.
Coles Platinum No Annual Fee Mastercard
$0 p.a.
19.99% p.a.
0% p.a. for 6 months
Receive $100 off a single Coles Supermarket shop if you apply, are approved by 30 June 2017 and make a purchase within the first 30 days.
BankSA Vertigo Visa
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
13.24% p.a.
0% p.a. for 14 months
Get up to 55 interest-free days on purchases and an additional card for $0.
ANZ Platinum Credit Card - Exclusive Offer
$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
Pay 0% p.a. for 3 months on purchases and receive platinum perks including complimentary travel and purchase insurance.
ANZ Frequent Flyer Black
$0 p.a. annual fee for the first year ($425 p.a. thereafter)
19.99% p.a.
Receive 75,000 bonus Qantas Points when you spend $2,500 on eligible purchases within the first 3 months.
Qantas American Express Discovery Card
$0 p.a.
20.74% p.a.
0% p.a. for 12 months with 1% balance transfer fee
Earn an uncapped 1 Qantas Frequent Flyer point per $1 spent, plus complimentary purchase insurance.
HSBC Platinum Credit Card
$99 p.a.
19.99% p.a.
0% p.a. for 22 months with 2% balance transfer fee
Earn 1.00 Reward Point per $1 spent and gain access to the Visa Platinum concierge service and Visa Entertainment.
ANZ Frequent Flyer Platinum
$0 p.a. annual fee for the first year ($295 p.a. thereafter)
19.99% p.a.
Get 50,000 when you apply online, are approved and spend $2,500 on eligible purchases in the first 3 months.

Compare up to 4 providers

  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 complimentary overseas travel insurance. This card attracts an annual fee of $189.

Rates last updated May 28th, 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 May 28th, 2017
Bonus Points Points per $ spent Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
NAB Rewards Platinum Card
Earn 1 NAB Rewards Point per $1 spent and receive double points on purchases made in major department and hardware stores.
80,000 bonus points 1 19.99% p.a. 4.99% p.a. for 6 months $0 p.a. annual fee for the first year ($195 p.a. thereafter) Go to site More info
ANZ Frequent Flyer Black
Receive 75,000 bonus Qantas Points when you spend $2,500 on eligible purchases within the first 3 months, plus earn up to 1 point for every dollar spent on eligible purchases. Also, earn 75 Bonus Status Credits when you apply by 30 June 2017, buy and fly return with Qantas by 30 September 2017.
75,000 bonus points 1 19.99% p.a. $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
HSBC Platinum Qantas Credit Card
Fly faster with up to 1 Qantas Point per $1 spent and receive bonus Qantas Points on selected Qantas products, services and partners.
60,000 bonus points VISA/MC: 1 AMEX: 0 19.99% p.a. $199 p.a. Go to site More info
American Express Explorer® Credit Card
Earn up to 2 Membership Rewards Points per $1 spent and receive a $400 Travel Credit every 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
Take off sooner with up to 2.5 Velocity Points per $1 spent and receive a complimentary Virgin Australia return domestic flight every year.
100,000 bonus points VISA/MC: 0 AMEX: 1.5 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $375 p.a. Go to site More info
St.George Amplify Signature
Earn up to 3 Amplify Rewards Points per $1 spent and receive two complimentary airport lounge passes per year.
90,000 bonus points VISA/MC: 1.5 AMEX: 0 19.49% p.a. $279 p.a. Go to site More info
ANZ Frequent Flyer Platinum
Receive 50,000 bonus Qantas Points when you spend $2,500 on eligible purchases for the first three months. Plus, earn additional points per $1 spent on purchases and enjoy a waived annual fee for the first year.
50,000 bonus points 0.75 19.99% p.a. $0 p.a. annual fee for the first year ($295 p.a. thereafter) Go to site More info
Qantas American Express Ultimate Card
Fly faster with up to 2.5 Qantas Points per $1 spent and receive a complimentary Qantas domestic return Economy flight every year.
55,000 bonus points 1.5 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $450 p.a. Go to site More info
St.George Amplify Signature - Amplify Qantas
Fly faster with up to 1.5 Qantas Points per $1 spent and receive 2 complimentary Qantas Lounge Passes.
90,000 bonus points VISA/MC: 0.75 AMEX: 0 19.49% p.a. $279 p.a. Go to site More info
Bank of Melbourne Amplify Platinum
Earn up to 2 Amplify Rewards Points per $1 spent and receive complimentary travel insurance.
60,000 bonus points VISA/MC: 1 AMEX: 0 19.49% p.a. $99 p.a. 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.

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.

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.

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.

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.

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.

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.

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.

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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American Express Velocity Platinum Card
American Express Velocity Platinum Card

Interest rate

20.74

Annual fee

375
ANZ Platinum Credit Card - Exclusive Offer
ANZ Platinum Credit Card - Exclusive Offer

Interest rate

19.74

Annual fee

87
St.George Vertigo Platinum
St.George Vertigo Platinum

Interest rate

12.74

Annual fee

99

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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 May 28th, 2017
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Exclusive Offer
Earn 2 Velocity Points on top of the standard earn rate per $1 spent within the first 3 months, plus a $129 Virgin Australia Gift Voucher each year.
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 Credit Card
Earn 1 Reward Point per $1 spent and receive an annual fee refund with minimum spend.
19.99% p.a. 0% p.a. for 22 months with 2% balance transfer fee $99 p.a. 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. for 3 months (reverts to 19.74% p.a.) 0% p.a. for 12 months $0 p.a. annual fee for the first year ($87 p.a. thereafter) Go to site More info
NAB Premium Card
An introductory rate of 0% p.a. for 24 months on balance transfers combined with premium benefits such as travel insurance covers.
19.74% p.a. 0% p.a. for 24 months with 3% balance transfer fee $90 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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