Save on credit card costs with no annual fee and low offer on balance transfers with the St.George No Annual Fee Card.
If you’re after a no-frills credit card, the St.George No Annual Fee Credit Card could be for you. Cardholders can also make significant savings by taking advantage of the no annual fee plus 0% p.a. for 14 months on balance transfers. With a low credit limit of $500 and no extravagant features on offer, this no annual fee card could be an option for both first-time cardholders who are testing the waters or experienced cardholders who want to consolidate their debts while keeping costs to an absolute minimum.
| Product Name | St.George No Annual Fee |
|---|---|
| Balance transfer rate (p.a.) | 0% p.a. for 14 months |
| Balance Transfer Revert Rate The interest rate after the balance transfer ends. | Purchase Rate (20.49% p.a.) |
| Balance Transfer Limit | 95% of available credit limit |
| Purchase rate (p.a.) | 20.49% p.a. |
| Offer end date | 20 September 2017 |
| Annual fee | $0 p.a. |
| Interest Free Period The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement. | Up to 55 days on purchases |
| Cash advance rate (p.a.) | 20.49% p.a. |
| Min credit limit This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure. | $500 |
| Max credit limit This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account. | $40,000 |
| Minimum Monthly Repayment | 2% or $10, whichever is greater |
| Card Type | Visa |
| Late Payment Fee | $15 |
| Foreign Currency Conversion Fee (VISA) Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution. | 3% of transaction value |
| Complimentary Travel Insurance | No |
| Available To Temporary Residents | Yes - Conditions apply |
| Joint Application | Yes |
| Minimum Age | 18 years of age |
|---|---|
| Available to Temporary Residents | Yes - Conditions apply |
| Credit Rating Requirement Credit rating requirement is provided only as a guide. Understanding your credit file helps you make more informed decisions in regards to your finances. Learn more about what this means here. | Good |
| Min Credit Limit This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure. | $500 |
| Max Credit Limit This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account. | $40,000 |
| Annual Fee | $0 p.a. |
|---|---|
| Minimum Repayment | 2% or $10, whichever is greater |
| Late Payment Fee | $15 |
| Over Limit Fee | $0 |
| Cash Advance Fee | 2% of the value of the transaction or minimum charge of $2.50 |
| Overseas Emergency Replacement | $52.50 |
| Overseas ATM Balance check | $0 |
| Overseas ATM Withdrawal Fee | $0 |
| Foreign Currency Conversion Fee (VISA) Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution. | 3% of transaction value |
| Additional Cardholder Fee | $0 p.a. |
| Number of Additional Cardholders | 3 |
| BPAY | Yes |
| Cheque | Yes |
| Direct Debit | Yes |
| Australia Post | Yes |
| Phone Banking | Yes |
| Internet Banking Transfers | Yes |
| In Branch | Yes |
| Yes |
Pros
- The annual fee for this card is $0.
- Consolidate your balances at a rate of 0% p.a. for 14 months.
- You can also get up to 3 additional cardholders at $0.
Cons
- This card does not have any rewards program.
- There is a high interest rate of 20.49% p.a. on purchases and cash advances.
- If you factor in the lack of an annual fee, however, this card balances out to be rather average in terms of rates and fees.
St.George No Annual Fee Credit Card review
The St.George No Annual Fee Credit Card is a low annual fee account with a low minimum credit card limit to match. Cardholders can also keep costs to a minimum with a 0% p.a. balance transfer offer for 14 months. At the end of the promotional period, any unpaid balances will revert to the standard variable rate on purchases, currently at 20.49% p.a. This rate is higher than most low rate cards, so cardholders will need to confirm it is manageable once the intro period ends. If you’re after no annual fee card that can help you save on costs and consolidate debts, this could be an appropriate option for you.
Benefits of using a St.George No Annual Fee Credit Card
Some of the advantages you can expect from using this card include:
- $0 annual fee. The annual fee of $0 for the life of the card can lead to savings in the long term.
- Balance transfer offer. Enjoy an introductory balance transfer rate of 0% p.a. for the first 14 months. This will revert to the standard purchase rate of 20.49% p.a. at the end of the promotional period. Applications for the balance transfer offer are accepted until 20 September 2017.
- Additional cardholders. You can even add up to 3 additional cardholders to the account for no additional fee.
Features of the St.George No Annual Fee Credit Card
- Annual fee. As mentioned, the card has an annual fee of $0 for life.
- Cash advance and purchase rates. The purchase rate and cash advance rate of interest are the same for this account. You’ll pay 20.49% p.a. when you use the card to make a purchase and when you use the card to withdraw cash from an ATM.
- Visa benefits. As a Visa card, cardholders have access to Visa benefits such as peace of mind by the way of the no liability guarantee that protects cardholders against credit card fraud and convenience through contactless payments with PayWave.
- Interest-free days. Aside from the promotional offers, the St.George No Annual Fee Credit Card also comes with up to 55 interest-free days.
How to apply for the St.George No Annual Fee Credit Card
If you would like to apply for the St.George No Annual Fee Credit Card, follow the links on this page. You’ll be directed to a secure St.George application page. You can confirm the terms of the offer on this page. The application should only take ten to fifteen minutes to complete. When you submit the application, you should be notified within minutes of completing the form. St.George will be in contact on the email you provided to confirm the status of our application: approved, conditionally approved or declined.
Eligibility criteria
If you would like to apply for the St.George No Annual Fee Credit Card, you must meet the following eligibility requirements:
- Be a permanent Australian resident
- Be over 18 years of age
- Have a good credit rating
- Be able to service the minimum credit limit of $500
Required documents
- Existing credit card details
- Personal details (driver's license)
- Contact details
- Employment details (weekly income after tax)
- Financial details (details of assets, savings or investments)
Frequently asked questions
How much can I balance transfer?
St.George only accept balance transfers of up to of your new card. There is also a minimum of $200 and balance transfers from existing St.George accounts are prohibited.
Can my partner and I use the St.George No Annual Fee Card under a joint account?
Yes, it is possible to have a joint credit card on one account with St.George. Up to 3 additional cardholders can be added to one account at no additional cost. The online application form will present two options: 1) Joint application. This will take into account the combined incomes and credit worthiness of both applicants when applying. If approved two credit cards will be received for the one account. 2) Single Application. This will take into account only one person’s income and credit worthiness when applying. In order to have two credit cards on one account, an additional cardholder can be added at no additional cost.
Can I manage my account (such as view my transaction history and balance) online?
Yes, St.George provide an internet service that allows cardholders to view their account history and complete online payments and transfers. Registering for St.George Internet Banking can be activated via the St.George website and should only take a few minutes to complete.
I already have an account with St.George but am looking to switch. Am I still eligible for the promotional balance transfer and purchase offer?
It is important to note the promotional rate on this card is only available to new cardholders. Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible. It would be ideal to contact St.George directly with your account details to clarify whether the annual fee is still waived.
Hi,
What is the max balance transfer I can do on this card. Is there any limit?
Hi Bala,
Thanks for your question.
For this card, the maximum amount that you can balance transfer depends on your approved credit limit. You are allowed to transfer up to 95% of your available credit limit.
Cheers,
Anndy
Hi,
I am about to apply the “St.George No Annual Fee” Credit card.
Just would like to know that I am Permanent Resident Of Australia however I haven’t got My Driving Licence.
Am I eligible to get that application to be approved or not?
Thanks,
Hi Neil,
Thanks for your question.
If you don’t have a driver’s licence, you may be asked to provide another form of identification such as your birth certificate. You may wish to contact the St.George customer service team on 13 33 30 to determine what’s the next best option.
I hope this has helped.
Cheers,
Sally
Hi
I am a postgraduate student and doing PhD in University of Queensland. I am on university scholarship and earning $ 1000/fortnight from the university. In addition, I am also doing some part time job and getting some financial assistance from Center link.
I am interested in your card for any emergency as It is life time free card without any charge.
If I activate and don’t use for a year or more, Will I bear any expense of keeping this card?
Hi Nadeem, thanks for your inquiry!
The St.George No Annual Fee credit card offers no annual fee for the life of the card. If no usage occurs on the card then there are no expenses in keeping this card active.
Cheers,
Jonathan
I am looking at doing a balance transfer of my credit card, would I be able to add a bit of my loan into the balance transfer?
thanks
Hi Mark, thanks for your inquiry!
Balance transferring a personal loan amount to a credit card is permitted by Citibank and Virgin Money.
Cheers,
Jonathan
Details above say: “The annual fee of $0 p.a. for the life of the card can lead to significant savings in the long-term.”
With no interest free period, as soon as you use it, the interest starts getting added on. So the only way to save money is to never use it, right? Is “significant” savings perhaps overselling this a bit?
We are gold st george members and have a joint amplify card. Can I apply for my own amplify card? Are the annual fees still waived?
Hi Fred, thanks for your inquiry!
It is important to note the promotional rate on this card is only available to new cardholders. Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible. It would be best to contact St.George directly with your account details to clarify whether the annual fee is still waived.
Cheers,
Jonathan
On part of the web site it stipulates no fee ever and on this page it states
no fee for the first year and $55.00 after that. which is it. Gil
Hi Gil. Thanks for your question. The rates and fees listed on this page are correct. Jacob.
- will the second card for my spouse have the same credit number, or different?
- is online checking of balances/statements available?
- is a security token used?
- we currently have Citibank cards with a $7000 max, can this be brought over? (The cards are paid off in full each month & we have had them for 15 years.)
thank you
Hi Bill. Thanks for your question.
1) additional cards have their own number and the person’s name printed on the front.
2) you can manage your account online – St.George also have APPS for tablets and mobile devices. It’s easy to make payments and check your transactions this way.
3) St.George use an additional layer of security provided by Visa when making purchases online.
4) This card does not currently offer a balance transfer promotion – please compare balance transfer credit cards here. If your existing cards have been paid off in full, there’s no need to transfer a balance – for more information about balance transfers, please watch this video.
Let me know if there’s anything else you need.
Jacob.
I am an American that is a Permanent Resident of Australia. I am Married to an Australian. I get 1,437 Dollars U.S.A. from my Retirement. My wife makes 42.000 AUD and I plan to work part time. I just want a credit card for emergencies and small stuff. Between 500 AUD and 100 AUD would do. Is it possible with this bank and I picked this bank for a special reason.
Hi Samuel. Thanks for your question. So, you will need to have money coming into an Australian bank account so the bank can verify that you’re earning an income. St.George bank do allow joint primary cardholder credit cards, so you may be able to apply jointly with your wife if your income is going to be an issue. Perhaps once you’re working part time, you may be eligible for this card. Please see the table at the bottom of the review and application page for the minimum credit limit for this card. Jacob.
If I apply for a card and request a balance transfer, will that also effect a closure of the account from which the balance transfer occurs? That is what I would want to happen.
Hi Steve,
Thanks for your question.
A balance transfer will not automatically close the account from where the balance is transferred from. If this is required, cardholders must be request their existing card account be closed, and it’s also their responsibility to transfer or redeem any rewards points from these accounts, as these can be lost when closing a credit card account off.
I hope this answers your question.
Marc.