Bank Australia Low Rate Visa Credit Card – loan
Bank Australia Low Rate Visa Credit Card up to $40 000
Loan amount
$1,000 – $40,000
Interest from
9.39%
Term
1 – 60 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Bank Australia Low Rate Visa Credit Card up to $40 000
- Term 1 – 60 months
Bank Australia is a customer-owned bank (mutual, not shareholder-owned) with a strong ethical and environmental focus, including a long-running conservation reserve funded partly by its lending activities. It operates mainly online and through a small number of branches.
The Bank Australia Low Rate Visa Credit Card is designed around a lower ongoing purchase rate rather than rewards, suiting customers who want a simple card from a customer-owned, ethically-focused bank and may sometimes carry a balance.
✓ Pros
- Lower ongoing purchase rate than typical rewards cards
- Customer-owned bank with ethical lending screens
- Simple fee structure
- Visa acceptance worldwide
✗ Cons
- No rewards points program
- Interest still applies on any balance not cleared each period
- Cash advances attract a higher rate and separate fees
How to apply
- Choose your card
- Apply for your card
- Wait for approval
- Get the card
Loan requirements
- ✓ 18 years or older
- ✓ Australian resident for tax purposes
- ✓ Regular income
- ✓ Satisfactory credit check
- ✓ No current default or bankruptcy in some cases
Frequently asked questions
24 hours
The minimum loan amount at Bank Australia Low Rate Visa Credit Card is $1,000.
About Bank Australia Limited
| Company | Bank Australia Limited |
|---|---|
| Address | Bank Australia, 222 High St, Kew VIC 3101 |
| Website | https://www.bankaust.com.au |