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BankSA Vertigo Credit Card
BankSA Vertigo Credit Card

BankSA Credit Cards

BankSA Vertigo Credit Card

Updated 21 March 2024

The BankSA Vertigo Card comes with a money-saving intro offer - 0% p.a. for 28 months on balance transfer with 1% balance transfer fee. New cards only and apply by 31 July 2024. You will also benefit from a low ongoing purchase rate, up to 55 days interest-free on purchases, and one free additional cardholder. T&Cs apply.

Purchase Rate (p.a)

13.99%

Balance Transfer (p.a)

0% for 28 months 1% balance transfer fee applies.
Reverts to 21.49% p.a.

Annual Fee (p.a)

$55

$0 over 28 months

My transfer amount

Balance transfer from:

My annual fee

My interest rate

Pros and cons

  • 0% p.a. for 28 months on balance transfers requested at card application. 1% balance transfer fee applies. The rate then switches to the applicable variable cash advance rate. Available to newly approved card applications by 31 July 2024.
  • Low ongoing purchase rate at 13.99% p.a.
  • Up to 55 days interest free on purchases
  • 24/7 fraud monitoring
  • Eligible with Apple Pay, Google Pay and Samsung Pay

  • You cannot transfer an existing balance from a St George, Bank SA or Bank of Melbourne credit card

Creditcard.com.au review

Editor Review

BankSA Vertigo Credit Card

Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. about this card.

The BankSA Vertigo Credit Card

If thriftiness is your thing, the BankSA Vertigo Credit Card may just be the credit card you’ve been searching for. Even if thriftiness is not your thing, but you think it should be, this card could set you on the path to a frugality you enjoy so much you never want to leave it behind.

Or perhaps not, who knows?

All we know is this card has some serious money-saving capability, allowing you to save on everyday purchases with a low ongoing purchase rate, on existing credit card debt with a fantastic 28-month 0% p.a. balance transfer offer.

Sounds like it might ring your bell? Let’s dig a little deeper.

What we love...

Before we go on to talk about anything else, we really need to look more closely at that amazing balance transfer offer. With the BankSA Vertigo Credit Card, you can transfer balances from your existing credit cards to pay 0% p.a. interest for 28 months with 1% balance transfer fee.

Potentially saving you a significant amount of money in interest, the card lets you pay off more of your actual debt, which should allow you to get it down to zero that much faster.

In terms of its other money-saving capabilities, the BankSA Vertigo Credit Card is charging an annual fee of $55 which is fairly reasonable, especially when compared to certain other cards on the market.

On top of that, the card has a low minimum credit limit and a low ongoing purchase rate, which is important if you don’t always clear your balance month to month.

What’s not so great...

To ensure you make the most of this card, you need to know the essentials. If you choose to take advantage of the 0% balance transfer offer, you may not be able to transfer a balance from a St.George, Bank of Melbourne, or Westpac credit card.

You may only be able to transfer a balance up to 80% of your approved credit limit. Also, take note that any unpaid balance transfer reverts to the cash advance rate at the end of the introductory period.

Why should you choose this card?

If you’re looking for a money-saving credit card that allows you to pay off existing credit card debt while still saving money on other stuff like purchases and annual fees, the BankSA Vertigo Credit Card may indeed be the card for you.

Any other features to consider? As a cardholder, you can benefit from up to 55 days interest free on purchases, one free additional cardholder, the convenience of Visa PayWave, and the security of 24/7 fraud monitoring.

Overall Rating

A low rate credit card with handy features and a great 0% balance transfer deal offered over 28 months. Offer ends 31 July 2024. New cards only.

User reviews

BankSA Vertigo Credit Card ( based on 7 Creditcard.com.au user reviews )

94% rating based on 7 reviews

Rates
Fees
Rewards
Customer Service
Value
65%

Claude

28 January 2013

Good choice as a balance transfer card gives me time to pay down my debt. It has a low purchase rate, much lower than most cards making it good for everyday shopping. Cheap annual fee.

Recommends this card

Rates and fees

Interest rates



Purchase rate 13.99% p.a.

Cash advance rate 21.49% p.a.

Interest free period on purchases up to 55 days

Balance transfer

Balance transfer rate 0% p.a. for 28 months

Balance transfer revert rate 21.49% p.a.

Balance transfer from personal loan No

Balance transfer fee 1% one off

Balance transfer limit 80% of approved credit limit

Brands you can't balance transfer from Bank of Melbourne, BankSA, St.George

Credit limits

Minimum credit limit $500

Maximum credit limit $80,000

Fees & repayments

Annual fee $55 p.a.

Additional cardholder fee $0 p.a.

Foreign transaction fee 3%

Minimum repayment 2% or $10, whichever is greater

Cash advance fee N/A

Late payment fee $15

Additional features

Complimentary insurance

International Travel Insurance No

Flight Inconvenience Insurance No

Transit Accident Insurance No

Smartphone Screen Insurance No

Purchase Protection Insurance No

Extended Warranty Insurance No

Rental Vehicle Excess In Australia Insurance No

Extras

Eligible with Apple Pay, Google Pay and Samsung Pay

Overview

BankSA Vertigo Credit Card

Disclaimer: The interest free period is the maximum number of days during which interest is not charged on new purchases. If your account has an interest free period for purchases, to be entitled to that interest free period, you need to pay off the “monthly payment balance” listed on your statement of account (not the full closing balance) by the relevant payment due date.

Key features

  • 0% p.a. for 28 months on balance transfers requested at card application with a 1% balance transfer fee applies. The rate then switches to the applicable variable cash advance rate. Available to newly approved card applications by 31 July 2024.
  • Low ongoing purchase rate at 13.99% p.a.
  • Receive up to 55 days interest free on purchases
  • 24/7 fraud monitoring
  • Eligible with Apple Pay, Google Pay and Samsung Pay

Minimum criteria to apply for this card

  • Be over 18 years old

  • Good Credit and have not applied for multiple credit cards recently

  • Permanent resident in Australia/NZ OR; Non-resident or migrant that holds an acceptable Visa, with a minimum 1 year before expiry

  • You have your personal details ready to complete the online application

Pauline

Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger

Recently Asked Questions

Something you need to know about this card? Ask our credit card expert a question.

39 questions (showing the latest 10 Q&As)

Michelle

Michelle

4 October 2022
Hello Can a person on disability pension apply I have a mortgage and small personal loan with a bank Credit rating is excellent.
    Pauline - CreditCard.com.au

    Pauline

    5 October 2022
    Hi Michelle, we can’t make any assessments on your credit worthiness, that is left up BankSA. We’ve written a piece that delves deeper into this topic, if you’d like to learn more about credit cards for pensioners. We dive into their requirements and things like minimum income. We hope it helps!
Ryan

Ryan

2 September 2021
Hi. I am an 18 yo full time tertiary student. I have not debts. I receive full rate of Youth Allowance. Live at home with my mum and I don't pay really pay anything. I want to start up a good credit profile. Would I be approved for one?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    3 September 2021
    Hi Ryan, this is a great idea. Having a good credit file allows you to navigate issues when different card providers have different eligibility criteria. We have written an article about how to build your credit score and I suggest checking it for tips and help. Best of luck on your journey to building your credit.
Pavel Batal

Pavel Batal

1 August 2021
What is the minimum income I have to have in order to apply for this Credit Card...?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    2 August 2021
    Hi Pavel, thank you for your question! We looked into this and note that BankSA has not published the minimum income information. As a general rule, as long as you have a regular income, and can pay the minimum repayment amount (2% of the balance or $10, whichever is greater) and meet the other eligibility requirements, you can proceed with the application!
betty

betty

12 April 2021
Hi Roland, i can balance transfer to my car loan?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    13 April 2021
    Hi Betty, you cannot transfer loan debt to a BankSA credit card. Providers that do allow you to balance transfer personal loan debt include Citibank, Coles, Virgin Money and Qantas Money. I hope that helps.
Melissa

Melissa

24 November 2020
I got approved for $6000 with $4000 paying off a balance transfer with another bank for your vertigo credit card. Do I still get the 7 months 0% on new purchases with the remaining $2000?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    25 November 2020
    Hi Melissa, yes you do. Its 7 months after the card was approved. Then post the 7 months, any purchase balance not paid off will move to the purchase rate.
tom

tom

10 February 2020
Hi, I have just been approved $4000 for balance transfer offer with Bank of Melbourne to cover my $7400 CC debt with Westpac but will need another $3000 can I also apply for a balance transfer with BankSA or St. George to cover my remaining Westpac debt? or would I have to look for another bank?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    10 February 2020
    Hi Tom, you could apply with them. Though as they just assigned you a 4k limit. They might then decline your next application. The good news is, at least you have a got a good chunk into 0% interest. Focus on paying off whatever is the highest first. You can try to apply for another balance transfer for the remaining 3-4k. Though if you are declined then do not apply again for at least 6 months. I suggest the ANZ Low Rate - request a 4k limit. Though you still could have a go with BankSA or St.George. Though I think more risky for approval.
Chanara

Chanara

13 November 2019
Hi there. I'm just wondering what happens when you want to transfer an existing balance to a new credit card? Is it all done at the application process or once approved for an amount does the individual transfer the amount themselves? I've just never done a balance transfer before so I'm unsure how exactly it works. Thanks.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    15 November 2019
    Hi Chanara, once approved for your new balance transfer card. The new bank will make a payment on your behalf soon after card activation. Its an automated process that you are not involved in at that stage.
shan

shan

28 September 2019
Hi. Can you balance transfer a personal loan on a Vertigo Credit card?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    30 September 2019
    Hi Shan, you cannot transfer loans to Vertigo balance transfer offers. Citi are the only issuer that will accept loans (non-Citi). There are a range of brands that have their cards issued through Citi. This Virgin offer ends today but can take loans and has no balance transfer fee and low annual fee.
Barbara Tyler

Barbara Tyler

15 February 2019
I have an exsisting Verito card. Can i transfer from other non sabank card i.e. gem visa for the 0% 16 month transfer deal.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    18 February 2019
    Hi Barbara, this balance transfer offer is available only at the time of application. As a current customer you do not have access to do another 16 month balance transfer. You can though look to apply for a balance transfer with another bank to take your GEM visa debt. Have a look at the ANZ low rate.
Georgia Smith

Georgia Smith

14 December 2017
Am I eligible if I am on a working holiday visa?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    15 December 2017
    Hi Georgia, I don't think you can get approved on a working holiday visa. You would need more of a long stay Visa. With St George Group (inc Bank SA), you have to have a valid visa with at least two years before the expiration date.
Sarah

Sarah

19 September 2017
Is there a fee to transfer a balanced across?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    20 September 2017
    Hi Sarah, no balance transfer fee on this offer.
wayne

wayne

14 September 2017
do you give creit cards to pensioners on oold age pension
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    14 September 2017
    Hi Wayne, it is possible to get approved with BankSA on a pension. They will access your application on a range of factors such as income (Age Pension can be part of this) v expenses, assets v liability and credit history. Best of luck with your application.
Samantha Atkinson

Samantha Atkinson

13 September 2017
if i would like to pay to a balance transfer to pay off a credit card and i owe 5000 how much would i need my BankSA credit card to be?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    14 September 2017
    Hi Samantha, with BankSA you can transfer up to 95% of your approved limit. Therefore if you apply and are approved for a $5,500 this would be more than enough to transfer the full amount. Best of luck with your application.
Maddie

Maddie

13 September 2017
Will I be charged if I pay the BT off earlier than the 18 months?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    13 September 2017
    Hi Maddie, you can pay off the balance transfer at any time without penalty.
Sue

Sue

7 September 2017
Any monthly fees
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    7 September 2017
    Hi Sue, there are no monthly fees, though there is an annual fee in the 2nd year on wards of $55.
Courtney

Courtney

5 September 2017
Is there a balance transfer rate fee? If so what is it?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    6 September 2017
    Hi Courtney, there is no balance transfer fee with this offer. Best of luck with your application.
Yuki

Yuki

28 August 2017
Do you charge balance transfer fee?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    29 August 2017
    Hi Yuki, there is no balance transfer fee with this offer.
Daniel Fokas

Daniel Fokas

21 August 2017
Im returning to Australia after being away for years. Im an Australian by birth and of course a Passport holder. Anything I should be aware of ?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    22 August 2017
    Hi Daniel, your approval will depend on your previous AU credit history and a range of other factors such as income v expenses. Also banks will push for AU addresses. In the end, welcome back to Australia. Once you are settled in then let me know what type of card you are looking for and I can offer some suggestions. A balance transfer is only good for transferring Australian credit card debt so this is likely to not be relevant to you.
Paul Sisley

Paul Sisley

8 August 2017
Im a New Zealand citizen,been In Oz for over 9 years,work full time,just inquiring to see if I am eligible to apply for a balance transfer ?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    8 August 2017
    Hi Paul, it sounds like you would be. You can transfer up to 3 non-St George group issued cards to this offer.

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