Lombard Finance Visa Credit Card Classic – Rates and Fees

Information verified correct on January 18th, 2017

Spend globally, pay no interest with partnered retailers and redraw funds with the Lombard Finance Visa credit card.

Important Information

The Lombard Finance Visa Credit Card is no longer available for new applications and customers. The credit card cannot be applied for, however, the information on this page has been kept for the benefit of existing customers and for those who are interested.

If you would like to compare other options for low rate credit cards, click here.

This credit card lets you obtain interest free finance if you choose to buy from any of the eligible partner retailers which include retail giants such as IKEA, Fantastic Furniture, 2nds World and Repco. The length of the interest free period is decided by the retailer.

This means you can pay for things you would like to have or replace your older furniture, and not have to pay any interest on it until the period ends, allowing you time to pay off your purchases.

Lombard Finance Visa Credit Card Classic review

Interest charges are one of the main reasons people can get into credit card debt. The ability to shop interest free at Lombard retail partners means you can have what you want, without the fear of spiralling costs. You’re also getting the full coverage VISA acceptance gives you. Take your card anywhere in the world and use it wherever you see the VISA sign. You can even withdraw money from ATMs at NAB and Redi machines without a fee.

Benefits of being a Lombard Finance Credit Cardholder

  • Use your card anywhere in the world. Use your Lombard Finance credit card at millions of vendors around the globe with VISA acceptance.
  • Redraw your funds. Lombard gives you the ability to withdraw your credit as you pay it back in the event you need to purchase other items.
  • Repay your account with flexibility. Lombard allows this card to be paid off using BPAY, Direct Debit, via cheque or at the post office.
  • Shop safely online with 'Verified by Visa'. This system gives you another layer of safety. After setting the system up with Lombard, you'll be protected at any participating online store. Whenever a purchase is made at a participating store you'll have to confirm you've agreed to it, eliminating the possibility of a scammer using your details to make purchases.

Features of the Lombard Finance Credit Card

  • Low minimum credit limit. If you don't want to risk the temptation of a high credit limit, you can open your Lombard Finance account with just a $500 limit.
  • Shop interest free with dozens of retail partners. Save hundreds in interest charges by shopping with the pool of popular Lombard retail partners.
  • Low annual fee. Enjoy low annual fee of $99 Monthly account keeping fee $2.90 and an application fee of $60 for all new cards.

How to apply for the Lombard Finance Credit Card

Applying for a Lombard Finance VISA credit card is a quick and simple process. You can apply online via the Lombard Finance website. It should take you about 10-15 minutes to complete the application, and you should get an answer within 30 minutes.

Eligibility criteria

  • You’re a permanent Australian citizen
  • You’re in full time employment
  • You earn at least $25,000 a year.

You’ll also need two forms of identification and details of your income and expenditure. You’ll want all this in hand, because if you don’t complete the form within 20 minutes it closes automatically.

Back to top
Was this content helpful to you? No  Yes

Ask a Question

You are about to post a question on finder.com.au

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At finder.com.au we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the finder.com.au privacy policy, receive follow up emails related to finder.com.au and to create a user account where further replies to your questions will be sent.

6 Responses to Lombard Finance Visa Credit Card Classic – Rates and Fees

    Default Gravatar
    Sarah | November 4, 2015

    Can you please tell me if you have on offer 24mths interest free on the credit cards?? And if not what is the highest period of non interest period do you have please?
    Thank you!

      Jonathan | November 4, 2015

      Hi Sarah, thanks for your inquiry!

      Depending on the purchase you are looking to make, the Lombard Finance 180 Visa credit card can provide up to 48 months interest free on purchases with selected partners. You may also like to compare 0% Purchase credit cards which can provide up to 15 months interest free on purchases.



    Default Gravatar
    Kirsten | June 20, 2013

    If I were to buy some furniture from Fantastic Furniture on your 6 months interest free plan, what happens if i don’t pay it off in that time? eg; If I were only able to pay $1000 in the 6 mths, off a $1500 purchase, what is the interest charged for the remainder $500? Can you calculate and tell me how much the fortnightly repayments would be?

      Jacob | June 24, 2013

      Hi Kirsten. Thanks for your question. The ongoing interest rate for purchases with this card is currently 25.90%. If you don’t pay the entire balance taken out under an interest free promotional period, it will be charged at the purchase rate of interest. You will get your statement every month, so you will need to make monthly repayments, although you can pay the balance back as frequently as you’d like. You will need to make at least the minimum monthly repayment, which is currently 3% of the total balance owing. You can find out how to calculate your credit card repayments on this page. Jacob.

    Default Gravatar
    ben | April 18, 2013

    why your finder adverts so bad?

      Jacob | April 18, 2013

      Hi Ben. Thanks for taking the time to watch them. Please let us know how we can improve? Your question has been changed as I do not tolerate swearing across this forum. Jacob.

Credit Cards Comparison

Rates last updated January 18th, 2017
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
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
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. 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. Go to site More info
HSBC Platinum Qantas Credit Card
Receive 60,000 bonus Qantas Points on eligible spend within 3 months. Enjoy access to premium benefits and complimentary insurance.
19.99% p.a. $199 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.

Ask a question