Police Bank Credit Cards

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Find out what it means to be a part owner of your bank

Police Bank are a full service financial institution.

Credit cards, home loans through to term deposits, they offer the lot. And they’re a member owned Bank. This type of bank is known as a ‘Mutual Bank’. Unlike regular banks, which are owned by and are responsible to shareholders, a mutual bank’s sole responsibility is to its members. When a mutual makes a profit, members benefit from better products and services.

While the list of credit cards from Police Bank may be small, like most mutuals, Police Bank go for quality of quantity. The Police Bank Visa card is the only credit card on offer from Police Bank. You’ll find that this product is a standout low rate credit card. A super low ongoing purchase and cash advance rate of interest, interest free days, worldwide Visa acceptance and a super low annual fee that’s waived in the first year mean there’s a lot to like about this credit card. If a Police Bank credit card and membership to mutual society is something you might be interested in, you can read about and compare Police Bank credit cards, find out the benefits of banking with Police Bank and get answers to frequently asked questions about Police Bank credit cards on this page.

Comparing the Police Bank Credit Card

Rates last updated December 7th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Police Bank Visa Credit Card
Low ongoing interest rate on purchases and a low annual fee of just $30
10.76% p.a. 0% p.a. for 12 months $0 p.a. annual fee for the first year ($30 p.a. thereafter) More info

What are the types of credit cards from Police Bank?

Unlike some better known financial institutions, Police Bank don’t offer frequent flyer or super premium products, Police Bank offer one credit card only. It’s a low rate product that waives the annual fee in the first year you have the card.

  • Low rate credit cards

Low rate credit cards are suited if you plan on carrying a balance from month to month. Most credit cards offer interest free days on purchases — up to 55 days interest free in the standard number — but this only applies if you pay back what you’ve spent when your statement is issued. If you can’t, the purchase rate of interest applies to card purchases from the day you use the card. This is why a credit card with a low rate of interest is perfect if you need a little time to pay off big-ticket purchases. Like a credit card with no annual fee, a low rate credit card is usually light on value adding features. Look out for extras and perks as well as comparing these cards by their annual fee.

Rates last updated December 7th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Interest Free Period
Police Bank Visa Credit Card
Low ongoing interest rate on purchases and a low annual fee of just $30
10.76% p.a. 0% p.a. for 12 months $0 p.a. annual fee for the first year ($30 p.a. thereafter) Up to 55 days on purchases More info
Rates last updated December 7th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Interest Free Period
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 Fee Card
Enjoy a low introductory rate of 0% p.a. on balance transfers and purchases for 15 months.
0% p.a. for 15 months (reverts to 19.74% p.a.) 0% p.a. for 15 months with a one off 3% balance transfer fee $30 p.a. Up to 44 days on purchases Go to site More info
ME Bank frank Credit Card
A low interest rate on purchases and cash advances with no annual fee charge.
11.99% p.a. $0 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
NAB Low Rate Credit Card
The NAB Low Rate Card offers 0% p.a. on purchases and balance transfers for 15 months. This card also comes with a low annual fee.
0% p.a. for 15 months (reverts to 13.99% p.a.) 0% p.a. for 15 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 1% p.a. for 12 months on purchases, plus a low annual fee.
1% p.a. for 12 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
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.
1% p.a. for 12 months (reverts to 13.49% p.a.) 0% p.a. for 16 months $59 p.a. Up to 55 days on purchases Go to site More info
St.George Vertigo Platinum
A platinum card with a balance transfer offer of 0% p.a. for 18 months and an introductory purchase offer of 1% p.a. for 12 months with an annual fee waiver for the first year.
1% p.a. for 12 months (reverts to 12.74% p.a.) 0% p.a. for 18 months $99 p.a. Up to 55 days on purchases Go to site More info
Coles Low Rate MasterCard
A low rate MasterCard with a competitive rate on purchases and a low annual fee.
12.99% p.a. 0% p.a. for 6 months $49 p.a. Up to 62 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 1% p.a. for up to 12 months on purchases.
1% p.a. for 12 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
Bank of Melbourne Vertigo Platinum
A platinum card with a low balance transfer offer of 0% p.a. interest for 18 months and 1% p.a. for 12 months on purchases combined with complimentary insurance covers.
1% p.a. for 12 months (reverts to 12.74% p.a.) 0% p.a. for 18 months $99 p.a. Up to 55 days on purchases Go to site More info
Australian Military Bank Low Rate Visa Credit Card
Enjoy a low interest rate of 10.99% p.a. on purchases, combined with a balance transfer offer of 0% p.a. for 12 months and a low annual fee.
10.99% p.a. 0% p.a. for 12 months $49 p.a. Up to 55 days on purchases Go to site More info
ANZ Low Rate
$100 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.) $58 p.a. Up to 55 days on purchases Go to site More info
BankSA Vertigo Visa
Enjoy a low balance transfer offer of 0% p.a. for 18 months and a low ongoing purchase rate from BankSA.
1% p.a. for 12 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
Citi Clear Platinum Card
Enjoy 0% p.a. for 9 months interest-free purchasing and 0% p.a. for 9 months on balance transfers.
0% p.a. for 9 months (reverts to 14.99% p.a.) 0% p.a. for 9 months $99 p.a. Up to 55 days on purchases Go to site More info
BankSA Vertigo Platinum
Experience Platinum card benefits with complimentary insurance policies and 24/7 Visa Platinum Concierge Service. Get 0% p.a. for 18 months on balance transfers and 1% p.a. for 12 months if you apply by 4 January 2017.
1% p.a. for 12 months (reverts to 12.74% p.a.) 0% p.a. for 18 months $99 p.a. Up to 55 days on purchases Go to site More info

Learn more about Low Rate Credit Cards

Benefits of banking with Police Bank

Read about the benefits of using a Police Bank credit card and the benefits of banking with Police Bank.

  • Get up to $180 for free

Become a member of Police Bank and choose a Police Bank joining package to get up to $180. Here’s how it works.Open a Police Bank Easy Access Account and get a Visa Debit Card or a rediCard and set up a direct debit of $100 per month  to claim $50. Get $100 when you open the above accounts and a further 3 products. For example set up internet banking, open a savings account and Christmas Club Account.
Get the full $180 bonus when you hold the above products as well as a Police Bank Visa credit card and transfer a balance to the account. You get an extra $80 for every non-Police bank account you transfer to the Police Bank Visa credit card.

  • Online banking

Police Bank Internet Banking lets you manage your Police Bank credit card at any time from anywhere in the world. All you need is an internet connection. View your account balance, recent transactions, make payments and make use of additional services like requesting a credit limit increase.

  • Visa credit card benefits

Police Bank are partnered with the Visa credit card scheme. When you apply for a Police Bank credit card, you get a VIsa card that offers the following:

  • Visa payWave

Make purchases under $100 by touching your Police Bank Visa credit card to a contactless terminal. This lets you complete small purchases without entering your PIN.

  • Visa Zero Liability

When you make a Visa payWave purchase, when you use your credit card and enter your PIN and when you shop online, you’re protected by the Visa Zero Liability Policy. This policy gives you a full reimbursement if you’re the victim of credit card fraud and your account is compromised. Online transactions are also protected by ‘Verified by Visa’. This is an extra password you must use when you shop online.

  • Visa Entertainment

Your Police Bank Visa credit card gives you access to Visa Entertainment. This is a program run for Visa cardholders that provides exclusive offers for a range of experiences and events. For example, Visa Entertainment offers can include advance bookings for concerts and sporting events; special offers on movies, books and CDs; and discounts on home entertainment products.

How to apply for a Police Bank credit card

It’s easy to apply for a Police Bank credit card. There are some basic eligibility criteria you need to meet before you can apply. You can read more about this on our review pages. The application can be completed online and only takes a short time to complete. Click ‘Go to Site’ to open a secure online application for a Police Bank credit card. You will then need to create a username, enter a password and then select the credit limit for your Police Bank Visa credit card.

Required information

Have the following information and documents on hand to support your application for a Police Bank credit card.

      • Personal details. Provide your name, address, contact number, email address, drivers licence number, residential address, mailing address and if you’ve been in your current place of residence for less than 3 years, your previous residential address. You will also need to provide your Tax File Number (TFN); however, this can be provided after you submit your application for a Police Bank credit card.
      • Employment and income. You will need to give Information about your employer including their address and contact information, your occupation, your position, your after tax income and the date you started your contact with your currency employer. If you’ve been employed in your current position for less than three years, you’ll need to enter the same information for your previous employer. Also provide details of rental income from any investments. The address, after tax income and frequency of payment from the asset.
      • Assets and savings. Provide details of any savings: the account type, number and total balance. List details about any motor vehicles you own: The make, model and manufacturer. And finally whether you own any property and details about the asset.
      • Expenses. Do you have any other loans: information about personal loans, mortgages or any credit cards in your name. You can select whether you want an existing credit card loan to be paid out by the Police Bank credit card through a balance transfer facility. Other expenses like rent payments also need to be included in this part of the application.

What happens next?

After you submit an application for a Police Bank credit card you should get an email about whether you’ve been approved or declined. You may be conditionally approved for the credit card. In this case, you’ll need to provide extra information before you can be fully approved for the credit card. After full approval has been granted, you can expect to get your credit card within a couple of weeks.

You can log into to the Police Bank website to check on the status of your application using the username and password you created when you applied.

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Frequently Asked Questions

Have a look at the frequently asked questions about Police Bank credit cards for an answer to your question. Alternatively, you can contact us using the ask a question form at the bottom of the page and a finder.com.au team member will promptly reply to your enquiry.

How do I do a balance transfer to a Police Bank credit card?

A balance transfer is a great way to save money on interest repayments. Police Bank will ‘buy’ your credit card debt from your old credit card provider and give you a special interest rate on the balance for a limited period of time.

You can transfer your existing credit card debt to a Police Bank credit card either when you apply for a credit card, or after your apply for a credit card by completing and sending in a balance transfer form.

  • Police Bank balance transfer terms and conditions:
  • You can transfer as little as $500 from a non-Police Bank credit card.
  • You can use up to 95% of your credit limit towards a balance transfer facility.
  • A balance transfer is processed once you activate the credit card.
  • You don’t get ‘up to’ interest free days when you carry a balance transfer balance on your credit card.
  • At the end of the balance transfer period, anything you have not paid back is charged at the standard variable Visa card rate.

Can anyone apply for a Police Bank credit card?

Yes, anyone can apply to become a member of Police Bank. When you apply for a Police Bank credit card, for instance, you’re also applying to become a member of the institution. There are a few ways you can apply to become a member; however, an online application is by far the easiest and quickest way to complete the process. It doesn’t cost anything extra to become a member of Police Bank; however, you may be required to pay $10 if the bank ever ceases to operate.

What are the ways I can make a repayment to my Police Bank credit card?

There are a couple of ways you can make payments to your Police Bank credit card.

  • In person - Visit a Police Bank Service Centre and pay in person using cash or EFTPOS. You can also pay your credit card in person using cash or EFTPOS at an Australia Post retail outlet using Bank@Post.
  • By cheque - Send a cheque to the mailing address shown on the back of your credit card statement.
  • Online - You can transfer the funds from another bank’s online banking facility. The Police Bank BSB is 815000 and the account number is your 16 digit credit card number. You can also pay your credit card using BPAY. The BPAY biller code is displayed on your credit card statement and the customer reference number if your 16 digit card number.
  • Over the phone - redial lets you pay your account over the phone. You will need an access code to register for phone banking. You can be issued with an access code by calling the Police Bank Assistance Centre: 131 728.

Can I increase my credit limit?

Yes, you can apply to receive a high credit limit on your Police Bank credit card online. Enter some basic information about yourself, provide loan statements and payslips and a Police Bank representative will be in touch to complete your request for a credit limit increase.

These documents need to be uploaded when you apply for a credit limit increase.

  • 4 most recent payslips.
  • 3 months of statements.
  • Self employed borrowers need to provide 3 years of full financials.
  • Details about any other income earned.

Can I use my credit card overseas?

The Police Bank Visa card has a Chip which allows you to use it all over the world wherever Visa is accepted. This includes international ATMs that display the Visa logo.

If you are travelling overseas, it’s advised that you let Police Bank know about your travel plans. In some cases, a transaction in a foreign country can be identified as a suspicious transaction and can lead to block on your card.

Who do I call if my credit card is stolen or lost?

A lost or stolen credit card needs to be reported to Police Bank immediately. You can contact the bank on 131 728.

It’s extremely important that you call Police Bank as soon as possible. You will be liable for any unauthorised use of the credit card if you lose the card and you don’t report it to the bank. Police Bank will block your credit card to prevent further unauthorised use.

Can I get an extra card for a family member?

If you would like to get an extra Police Bank Visa card for a family member, you can request an additional card wither when you apply for a Police Bank Visa or after you apply by completing and sending in an additional cardholder request form. You can apply to get an additional card for anyone who is over the age of 16, they must meet the identification requirements before the card can be issued.

How do I cancel my Police Bank credit card?

If you wish to close your Police Bank credit card for whatever reason, all you need to do is make sure that you have paid the account in full and that you’ve made arrangements to cancel or switch any recurring payments.

You must then cut the card up and return it to Police Bank with a letter stating your intention to close the account and that you’ve completed the above steps. This stops you from being liable for any use of the card after you’ve taken steps to close the account. Note that any additional cards will also be closed when the primary card is cancelled.

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