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Greater Bank Visa Credit Card
Take advantage of a low interest rate on purchases while enjoying the savings from a bank owned by customers.
The Greater Bank Visa Credit Card can be seen as a 'greater' option in more ways than one, and is worth considering if you're looking for a credit card. The Greater Bank offers you a card with all the basic features you want without paying for the extras you don't need. You can enjoy a low interest rate on purchases and cash advances, and can also avoid paying the annual fee after the first year. Take a look at the features this card has to offer and see if it's right for you.
5.95% p.a.
Balance transfer rate
5.95% p.a.
Purchase rate
$49 p.a.
Annual fee
55 days
Interest free period
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Details
| Product Name | Greater Bank Visa Credit Card |
|---|---|
| Balance transfer rate | 5.95% p.a. |
| Purchase rate | 5.95% p.a. |
| Annual fee | $49 |
| Interest-free period | 55 days |
| Cash advance rate | 5.95% p.a. |
| Min credit limit | $1,000 |
| Max credit limit | $25,000 |
| Card type | Visa |
| Foreign currency conversion fee | 3% |
| Available to temporary residents | No |
|---|---|
| Joint application | No |
Pros
- The $49 annual fee will be waived when you spend $12,000 annually after the first year
- A low variable interest rate of 5.95% p.a. on purchases and cash advances
- 55 days interest-free on purchases
Cons
- No rewards program or travel insurance
| Annual fee | $49 |
|---|---|
| Minimum monthly repayment | 3% of the closing balance or $10, whichever is greater |
| Late payment fee | $20 |
| Foreign currency conversion fee | 3% |
| Cash advance fee | $1.50 |
| Overseas cash advance fee | $4 |
Rates & fees
- Balance transfer rate. If you are bringing over an existing credit card balance, you will be charged a rate of 5.95%, as there is no promotional balance transfer offer.
- Cash advance fee. A cash advance fee of $1.50 will apply to any domestic cash advance transaction.
While the Greater Bank Visa could be a great options for those looking for a low rate, no-frills card, be sure to compare your options before deciding to apply for any credit card.
