In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees
  • Your reviews
  • Ask a question
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🌏 Green company

Bank Australia No Annual Fee Visa Credit Card

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Bank Australia Visa Credit Card
Terms and conditions apply
Purchase rate
12.39% p.a.
Annual fee
$0 p.a.
Interest-free on purchases
Up to 55 days

Our verdict

Take advantage of a $0 annual fee, competitive interest rate and up to 55 interest-free days with the Bank Australia No Annual Fee Visa Credit Card.

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The Bank Australia Visa card is one of the few cards that offers both $0 annual fee and a low purchase interest rate. This can help you cut credit card costs if you usually carry your balance from month to month. If you do pay your balance in full by the statement due date, you can enjoy even bigger savings with up to 55 interest-free days on purchases.

Pros

  • $0 annual fee for the life of the card
  • Low variable interest rate of 12.39% p.a. on purchases and cash advance
  • Instant transfers between your Bank Australia savings account and credit card
  • Link your card with Apple Pay, Google Pay and Samsung Pay

Cons

  • No rewards program or balance transfer option

In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees
  • Your reviews
  • Ask a question

The Bank Australia No Annual Fee Visa is a $0 annual fee credit card that also offers a low variable rate of 12.39% p.a. for both purchases and cash advances. If you pay your balance in full by the due date on each statement, you can also enjoy up to 55 days interest-free on purchases, allowing you to save even more on credit card costs.

Details

Product details

Product Name Bank Australia Visa Credit Card
Purchase rate p.a. 12.39%
Interest-free period Up to 55 days on purchases
Cash advance rate p.a. 12.39%
Min credit limit $1,000
Card type Visa

Eligibility

Available to temporary residents No
Joint application No

Rewards

Bonus points N/A

Fees

Annual fee $0
Minimum monthly repayment 2.5% of the closing balance or $20, whichever is greater
Late payment fee $0
Foreign currency conversion fee 3%
Cash advance fee $3.50
Overseas cash advance fee $3.50
Overseas ATM withdrawal fee $3.50

How to apply

You can apply for the Bank Australia No Annual Fee Visa credit card online. Check if you meet the eligibility requirements and that you have the information you'll need to complete the application before you get started.

Eligibility criteria

  • Income. You must earn a regular income.
  • Credit history. You'll need a good credit score and have maintained a good credit history for the last 5 years.

Card benefits

  • No annual fee. The Bank Australia No Annual Fee Visa Credit Card has an annual fee of $0 p.a., meaning you pay no ongoing fee for this account.
  • Competitive interest rate. This credit card has a variable interest rate of 12.39% p.a. for all transactions, making it easier to calculate possible interest charges and manage your payments.

Rates & fees

  • Cash advance fee. If you use the Bank Australia No Annual Fee Visa to get money from an ATM or for another cash advance transaction, you'll be charged a fee worth $3.50. Cash advances also aren't eligible for any interest-free days, so you'll pay interest from the time the transaction is made.
  • Overseas ATM withdrawal fee. When you use this card to withdraw cash overseas, a fee of $3.50 will apply. This is in addition to the cash advance fee.

Your reviews

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Ask a question

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Sally Finder

Producer

Hi there, looking for more information? Ask us a question.

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Ali Ahmed

April 17, 2023

Hi there

Please let me know how do I apply for this card? I couldn’t find the apply.


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Amy Bradney-George Finder

April 20, 2023

Hi Ali,

This card is not currently available to apply for through Finder so you would need to apply directly with the bank. I hope that helps.


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Sonia

October 20, 2019

Im on a pension i got a good record on credit card can i apply for this card?


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Nikki Angco

October 23, 2019

Hi Sonia,


Thanks for your comment.


It’s great to know you have a good credit history. Note that you must have maintained a good credit score and credit history for the last 5 years. It’s also a good idea to check your credit score on our page.


To get started with your application, it is important to check first the part of our page above saying “How to apply” before proceeding with your application. Also, read about its features and benefits and see how it fits your financial needs. Additionally, it’s helpful to review the PDS and Terms & Conditions of the card before fully committing to the card. You may also reach out to the bank if you have any clarifications.


Hope this helps and feel free to reach out to us again for further assistance.


Best,

Nikki


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Liam

August 16, 2019

Does the minimum monthly repayment mean that I will have to pay at least $20 every month, even if my account balance is $0?


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Ash

August 17, 2019

Hi Liam,


Thank you for contacting Finder.


If you no longer a balance on your account, you do not need to pay the minimum repayment amount. This only applies if you have a balance/ debt on your Bank Australia No Annual Fee Visa Credit Card.


I hope this helps.


Please do not hesitate to reach out again to us.


Cheers,

Ash


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Gary

January 13, 2018

Do you charge a fee on low income or pension income?


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Rench Finder

January 16, 2018

Hi Gary,


Thanks for your inquiry. Please note that we are not affiliated with Bank Australia or any company we feature on our site and so we can only offer you general advice.


Here’s the eligibility Criteria to apply for Bank Australia No Annual Fee Visa Credit Card:


– You must be over the age of 18.

– You must be an Australian citizen or a permanent Australian resident.

– You must earn a regular income and must not have ever been bankrupt.

– You must have a good credit rating.


There’s no fee indicated if you have a low income or pension income.


You can also have a look on this pages for credit cards that you can compare if you have a low income or pension income:


https://www.finder.com.au/credit-cards/low-income-credit-cards

https://www.finder.com/credit-cards-for-retired-and-pensioner-applicants


Best regards,

Rench


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Matt

November 18, 2017

Can I have a second card holder on the Bank Aus no fee credit card? Are there any costs for this second card?


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Arnold

November 18, 2017

Hi Matt,


Thanks for your inquiry


You may be able to request a second card from a different cardholder. Additional cardholders will have their own card PIN. You may contact the bank directly to request this. You may visit them at their office or try calling them.


Hope this information helps


Cheers,

Arnold


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