Compare Visa debit cards

Information verified correct on October 21st, 2016

Find out whether a Visa debit card linked to your transaction account might be right for you.

Visa debit cards are issued with everyday transaction accounts as a convenient way to spend your money. Read on for a review of the important features of the Visa debit card, including bonus promotional offers. Debit cards let you spend and access your own money from your transaction account. You can use a Visa debit card to shop online, shop in-store or to withdraw cash from an ATM.

St.George Complete Freedom Account

Visa Debit Card Offer

Enjoy low monthly account-keeping fees with St.George Complete Freedom Account and $0 ATM fees.

  • $0 monthly fee on new accounts or with at least $2,000 deposits made per month
  • $0 ATM withdrawal fee at 50,000+ ATMs globally
  • Visa Debit with payWave

    Compare Visa debit cards below

    Rates last updated October 21st, 2016
    Monthly Account Fee Debit Card Access ATM Withdrawal Fee Fee Free Deposit p.m. Details
    St.George Complete Freedom Account
    10% Cash back for online gaming purchases.
    Waived account keeping fees when minimum deposit is met with no minimum balance.
    Visa $0 $2,000 No account keeping fees, if you deposit $2,000 per month plus no minimum balance required. No ATM fees when using St.George, Westpac and BankSA ATMs. Open More
    HSBC Day to Day Transaction Account
    Your Visa debit card unlocks special privileges worldwide with the HSBC home&Away Privilege Program.
    Visa $0 $0 $0 monthly fees. No ATM fees at over 3,000 HSBC, Westpac, St.George, Bank of Melbourne and BankSA ATMs. Open More
    NAB Classic Banking
    Tap and Pay with your Android Phone using NAB Pay.
    No minimum deposit required.
    Visa $0 $0 No monthly account fees, ever. Free use at over 3,400 NAB and RediATMs Australia wide and $0 overdrawn fees. Open More
    ANZ Access Advantage
    Apple Pay now available.
    Unlimited transactions at ANZ ATMs, EFTPOS, Internet, Mobile and Phone Banking.
    Visa $0 $2,000 No monthly account fee when you deposit at least $2,000 per month. Other fee waivers available based on your personal situation. Open More
    ING DIRECT Orange Everyday Account
    $75 cash bonus.
    Get a competitive ongoing variable rate when linked with a Savings Maximiser.
    Visa $0 $1,000 No monthly fees, and you can use any ATM in Australia for free when you deposit $1,000 each month e.g your salary. Open More
    Bank of Melbourne Complete Freedom
    Get Cardless cash and shop securely with your Visa debit card. Customise SMS and email alerts.
    Visa $0 $2,000 No ATM fees when you use Bank of Melbourne, BankSA, St.George or Westpac ATMs. No monthly fees when you deposit at least $2000 into this account each month. Open More
    Bank of Melbourne Express Freedom
    Get Cardless Cash and PAYG branch and cheque services.
    Visa $0 $1,000 No ATM fees when you use Bank of Melbourne, St.George, Westpac and BankSA ATMs. No monthly fees if you deposit $1000 into your account each month. Open More
    BankSA Express Freedom Account
    Get Cardless Cash, free SMS and email alerts.
    Visa $0 $1,000 Avoid ATM fees when using BankSA, St.George, Bank of Melbourne and Westpac ATMs. Avoid the monthly fee if you deposit $1000 into this account each month. Open More
    BankSA Complete Freedom Account
    Open one in less than 5 minutes with Cardless Cash available.
    Visa $0 $2,000 No monthly account keeping fees when you deposit at least $2,000 in the account each month. Free access to BankSA, St.George, Westpac and Bank of Melbourne ATMs. Open More
    Bank of Queensland Day2Day Plus Account
    An everyday transaction account with a linked Visa debit card.
    Visa $0 $0 No monthly account fee and free access to over 3,000 rediATMs nationwide. More

    How to use a Visa debit card

    A Visa debit card has a 16 digit card number, an expiry date and a CVV number, which means you can make purchases online.

    All Visa debit cards also feature contactless payment technology. You can tap your Visa debit card against contactless readers to make payWave purchases of under $100. For purchases over $100, you’ll need to enter your four-digit PIN when you swipe or insert your card at the point-of-sale terminal.

    Savings or credit?

    When you buy goods from a bricks and mortar store, you’re asked if you want to process the transaction using credit or savings. If you’re only making a purchase, financial institutions such as ANZ suggest that you choose credit, as this gives you access to an additional layer of fraud protection from the debit card issuer and Visa. If you’re also withdrawing cash with the purchase, choose savings. You should also select credit when you withdraw cash from an overseas ATM.

    What are the features of a Visa debit card?

    • Visa product. This product is offered by Visa. Visa debit cards can be used in millions of places all over the world and your purchases are protected under the Visa Zero Liability Guarantee if you’re the victim of card fraud.
    • Security. Visa debit cards have an electronic CHIP containing your encrypted personal information.
    • Zero Liability Guarantee. If you’re the victim of fraud and someone charges unauthorised transactions to your account, Visa will give you a full refund of the defrauded amount.
    • Account fees. Some financial institutions will charge you a flat monthly fee for the use of a Visa debit card with a transaction account. Often this fee is included in the account’s monthly service fee. Financial institutions can waive the monthly service fee when you deposit over a certain amount each month. For example, deposit $1,000 or more a month in the St.George Complete Freedom Account to avoid the $5 monthly account fee.
    • ATM fees. You can also be charged when you use an ATM outside of your bank’s ATM network. Financial institutions such as ING Direct will let you use any ATM in Australia for free if you deposit more than $2,000 in the Orange Everyday Account each month.
    • Bonus offers. Some financial institutions provide incentives when you apply for a Visa debit card.

    Compare fee-free bank accounts.

    Using your own money

    You’re always spending your own money when you use a Visa debit card, and this can be seen as both an advantage and a disadvantage. You’re not using credit so you don’t have to pay interest charges; however, there’s no access to emergency cash if you need it.

    Choosing your PIN

    You will be asked to select a four-digit PIN when you collect your debit card from your bank branch. If you’re receiving your debit card in the mail, you will be sent a PIN either a few days before or after your get your card. You can change your PIN at any time by visiting your local bank branch.

    What are the pros and cons of using a Visa debit card?

    The pros

    • Visa debit cards let you shop in-store and online.
    • There are no interest charges; you are spending your own money.
    • There are no debit card annual fees, generally.

    The cons

    • You don’t have access to emergency credit if you need funds.
    • There are no extra value-adding features such as complimentary insurance.

    The latest in banking

    Get in touch with us using the form at the bottom of this page if you have a question about comparing and using a Visa debit card, and a member of the team will be in touch with you shortly.

    Jacob Joseph

    Jacob is a writer and video journalist with Credit cards, personal loans and savings accounts are his bread and butter, and he likes nothing more helping people understand the sometimes overly complex world of personal finance.

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    Disclaimer: At 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.
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    2 Responses to Compare Visa debit cards

    1. Default Gravatar
      Bernadette | September 23, 2016

      Your statement about ‘deeming’ – “Everyone is deemed the same rate, dependent on the income they receive on their assets.” is wrong. Deeming is a percentage applied to financial assets, not income, to arrive at a notional level of income from those assets to be used in the income test. There are two tiered rates, depending on the amount of the financial assets concerned. The actual income received from the financial assets is irrelevant.

      • Staff
        Shirley | September 28, 2016

        Hi Bernadette,

        Thanks for your question.

        Could you please provide the link to which you found the above statement? We’ll jump in and fix asap.


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