79% 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
Pros
Low purchase rate of 13.99% p.a.
0% p.a. on balance transfer for 16 months
Low $55 annual fee
Cons
You cannot transfer an existing balance from a St George, Bank SA or Bank of Melbourne credit card
100% of customers who have rated this card would recommend it
| Interest Rates | |
| Purchase rate | 13.99% p.a. |
| Cash advance rate | 21.49% p.a. |
| Interest free on purchases | up to 55 days |
| Balance Transfer | |
| Balance transfer rate | 0% p.a. for 16 months |
| Balance transfer fee | No fee |
| Balance transfer revert rate | 21.49% p.a. |
| Balance transfer limit | 80% of your approved new credit limit |
| Balance transfer from personal loan | N/A |
| Banks 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. |
| Cash advance fee | 2% |
| Foreign transaction fee | 3% |
| Minimum repayment | 2% |
| Late payment fee | $15 |
| Credit card type | Visa |
| Complimentary insurance | |
| Flight inconvenience insurance | No |
| Transport accident cover | No |
| Smartphone screen insurance | No |
| Purchase protection insurance | No |
| Extended warranty insurance | No |
| Rental vehicle excess cover | No |
BankSA Vertigo Credit Card
Roland Bleyer
Credit Card Expert with over 15 years card experience and the founder of Creditcard.com.au.
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 16-month 0% p.a. balance transfer offer, and year-to-year with a low annual fee.
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 16 months.
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 offering a low $55 annual fee. This card's annual fee is fairly reasonable, especially when compared to certain other cards on the market.
On top of that, the card has a low ongoing purchase rate, which is important if you don’t always clear your balance month to month. It also features a low minimum credit limit, and a low minimum income requirement, making it easier for low income earners to get approved.
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 Falcon fraud monitoring.
Overall Rating
A low rate credit card with handy features and a great 0% balance transfer deal offered over 16 months. Offer ends 2 October 2019. New cards only.
31 questions (showing the latest 10 Q&As)
BankSA Vertigo Credit Card
Giving you not just great low rates on purchases, the BankSA Vertigo Card offers a huge 0% for 16 months on balance transfers. Reverts to the cash advance rate. This makes it the ideal choice if you want a money-saving credit card. You can pay off existing credit card debt, while still taking advantage of low rates on everyday purchases. Using this card you can also benefit from up to 55 days interest free on purchases, the convenience of quick payments with Visa Paywave and one free additional cardholder. The annual card fee is $55. Offer ends 2 October 2019. New cards only.
Key features
- 0% p.a. on balance transfer for 16 months. Reverts to cash advance rate.
- Purchase rate of 13.99% p.a.
- Receive up to 55 days interest free on purchases
- $55 annual card fee
- Visa Paywave - a fast and easy way to pay
- 24/7 Falcon fraud monitoring
- Be over 18 years old
- Good credit and not applied for multiple credit cards recently
- Australian permanent resident
- Minimum income of $15,000 p.a.
- You have your personal details ready to complete the online application
60 secs response
Barbara Tyler
15 February 2019Roland
18 February 2019Georgia Smith
14 December 2017Roland
15 December 2017Sarah
19 September 2017Roland
20 September 2017wayne
14 September 2017Roland
14 September 2017Samantha Atkinson
13 September 2017Roland
14 September 2017Maddie
13 September 2017Roland
13 September 2017Sue
7 September 2017Roland
7 September 2017Courtney
5 September 2017Roland
6 September 2017Yuki
28 August 2017Roland
29 August 2017Daniel Fokas
21 August 2017Roland
22 August 2017Paul Sisley
8 August 2017Roland
8 August 2017