Important disclosure
Pros and cons
For Visa Credit Card
Benefits
- Ongoing variable purchase rate ranked in the best 20%
- $0 annual fee in the first 12 months and $30 p.a thereafter.
- Lower than average annual fee
- Apple Pay, Google Pay and Samsung Pay available
- Free supplementary cards
Drawbacks
- No reward program
Police Bank Rate Credit card overview
For Visa Credit Card
Details
Card Level Standard | Card Type Visa |
Interest Free Days Interest Free Days 55 | Minimum monthly repayment 2.5% or $5 |
Minimum credit limit $1k | Maximum credit limit $30k |
Free supplementary cards | Instant Approval |
Target Market Determination Visit Police Bank to view Target Market Determination. |
Fees
Annual Fee Annual Fee $0 for 12 months then $30 thereafter | Annual Fee Spend Waiver |
Supplementary card annual fee $0 | Late Payment Fee $10 |
Over limit fee $15 | Duplicate statement fee $5 |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate Purchase Rate 10.76% p.a |
Cash advance rate 10.76% p.a |
Cash advance fee $3.8 |
Balance Transfer
Balance Transfer Rate Balance Transfer Rate 10.76% p.a |
Transfer Limit $30k max card limit |
Balance Transfer Fee |
Overseas spending
Foreign Exchange Fee 3% on Visa |
Overseas charges Overseas charges $3.8 |
Estimated ATM Cost $12.8 for AU $300 withdrawal |
Rewards
Program name |
Rewards Available |
Eligibility
Minimum age 18 |
Minimum income |
Eligibility conditions Have a regular income. |
Residency Australia Citizen, Permanent Resident |
Perks
- FREE SUPPLEMENTARY CARDS