Important disclosure
Defence Bank Foundation Visa Card
Balance Transfer
3.99% p.a. 6 month introductory rate on balance transfers, purchases and cash advances.3.99% p.a. 6 month introductory rate on balance transfers, purchases and cash advances. 8.99% p.a. ongoing rate on purchases and cash advances. Up to 55 days interest free on purchases. Half of the $45 annual fee is donated to the Defence Bank Foundation and goes towards providing specially-trained assistance dogs to veterans living with post-traumatic stress disorder (PTSD).
Purchase Rate
Purchase Rate
3.99%
p.a
for up to 6 months, then 8.99%
Balance Transfer Rate
Balance Transfer Rate
3.99%
p.a
for up to 6 months, then 8.99%
RateCity Says
“Enjoy a discounted introductory interest rate, and help the Defence Bank Foundation provide assistance dogs to veterans living with PTSD.”
Purchase Rate
3.99%
p.a
for up to 6 months, then 8.99%
Balance Transfer Rate
3.99%
p.a
for up to 6 months, then 8.99%
Annual Fee
$45
Promoted credit cards
Promoted
First
Cashback
$100 back to your new ANZ First credit card when you spend $750 on eligible purchases in the first 3 months from approval, plus $0 annual fee in the first year. T&Cs apply.Purchase Rate
20.49%
p.a
Annual Fee
$0
for 12 months then $30 thereafter
Pros and cons
For Foundation Visa Card
Benefits
- 3.99 p.a. on purchases for 6 months then 8.99 p.a.
- 3.99% p.a on balance transfers for 6 months and then 8.99% p.a.
- Ongoing variable purchase rate ranked in the best 20%
- Lower than average annual fee
- Apple Pay, Google Pay and Samsung Pay available
Drawbacks
- No reward program
- Does not offer free supplementary cards
Defence Bank Rate Credit card overview
For Foundation Visa Card
Details
Card Level Standard | Card Type Visa |
Interest Free Days Interest Free Days 55 | Minimum monthly repayment |
Minimum credit limit $1k | Maximum credit limit No set max |
Free supplementary cards | Instant Approval |
Target Market Determination Visit Defence Bank to view Target Market Determination. |
Fees
Annual Fee Annual Fee $45 | Annual Fee Spend Waiver |
Supplementary card annual fee | Late Payment Fee $20 |
Over limit fee | Duplicate statement fee |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate Purchase Rate 3.99% p.a for up to 6 months, then 8.99% |
Cash advance rate 3.99% for 6 months then 8.99% p.a |
Cash advance fee |
Balance Transfer
Balance Transfer Rate Balance Transfer Rate 3.99% p.a for up to 6 months, then 8.99% |
Transfer Limit No set max |
Balance Transfer Fee |
Overseas spending
Foreign Exchange Fee |
Overseas charges Overseas charges |
Estimated ATM Cost - |
Rewards
Program name |
Rewards Available |
Eligibility
Minimum age |
Minimum income |
Eligibility conditions |
Residency |
- Balance TransferPurchase Offers 3.99% p.a. 6 month introductory rate on balance transfers, purchases and cash advances.3.99% p.a. 6 month introductory rate on balance transfers, purchases and cash advances. 8.99% p.a. ongoing rate on purchases and cash advances. Up to 55 days interest free on purchases. Half of the $45 annual fee is donated to the Defence Bank Foundation and goes towards providing specially-trained assistance dogs to veterans living with post-traumatic stress disorder (PTSD).
