Bank Australia offers a range of credit card options to suit various consumer needs. 

The bank's offerings include the Low Rate Visa Credit Card, the Visa Credit Card with no annual fee, and the Platinum Rewards Visa Credit Card.

Bank Australia credit card review

Credit Cards

Available via Bank Australia?

Rewards Credit Card

✅

Low Interest Credit Card

✅

Low Fee Credit Card

✅

Balance Transfer

✅

No Interest Credit Card

❌

International Travel Insurance

✅ Complimentary with some cards

Here is a thorough breakdown of all the credit card offerings available from Bank Australia at the time of writing:

Bank Australia Low Rate Visa Credit Card

  • Competitive interest rate on purchases

  • Annual Fee: $59

  • Cash advance: $3.50

  • International transaction fee: 3% 

This card offers the lowest interest rate among Bank Australia's credit cards, suitable for those who prefer lower ongoing costs. 

The card is equipped with features like card lock and instant transfer capabilities, along with secure online shopping options. 

However, it does not offer an interest-free period, which might be a drawback for some users, especially those who might anticipate holding a balance. This is distinct in that most credit cards, even low-rate ones, provide 46-55 days interest free.

Bank Australia Visa Credit Card (No Annual Fee)

  • Slightly higher interest rate than that of the low rate card

  • Annual Fee: $0

  • Cash advance: $3.50

  • International transaction fee: 3% 

This card comes with no annual fee, making it a cost-effective option for those who want to minimise card-related expenses. 

It offers up to 55 days of interest-free period on purchases, instant card notifications, and secure online payment options. 

It's compatible with digital wallets like Apple Pay, Google Pay, and Samsung Pay, enhancing the convenience for tech-savvy users.

Bank Australia Platinum Rewards Visa Credit Card

  • Highest interest rate of all Bank Australia credit cards

  • Annual Fee: $189 (with the possibility of waiver for some home loan customers)

  • Cash advance: $5

  • International transaction fee: 3% 

  • 0% balance transfers for 12 months for premium home loan package customers, or 6 months for other customers

  • Rewards: Earn 0.75 Qantas Points per $1 spent on eligible purchases, with a monthly cap of 20,000 points. 

The card also offers bonus points for spending on selected Qantas products and services.

This card includes complimentary overseas travel insurance and is compatible with Apple Pay, Samsung Pay, and Google Pay. 

It offers up to 55 days of interest-free period on purchases, instant card notifications, and secure online payment options. 

An additional cardholder can be added for an annual fee of $59.

The annual fee on this card is waived for eligible holders of a Bank Australia Premium Home Loan Package or Clean Energy Home Loan.

The nitty-gritty details

All Bank Australia credit cards have a minimum credit limit of $1000 and a minimum monthly repayment of 2.5% or $20, whichever is greater.