BankSA Vertigo Platinum Credit Card

Roland Bleyer

Credit Card Expert with over 15 years card experience and the founder of Creditcard.com.au. Ask Roland a Question about this card.

The BankSA Vertigo Platinum Credit Card

Spent some time comparing platinum credit cards? You’ve probably noticed that platinum offerings can vary, with some cards providing much more than others. However, you may also have noticed that some platinum cards charge much more in fees and interest than others too.

The key to making the right choice is obvious. You need to find the card that offers all the platinum perks you want – with the lowest possible outlay. Fortunately for you, we might be able to cut your search time down to zero, with the BankSA Vertigo Platinum Credit Card.

Offering an array of tempting platinum extras, the BankSA Vertigo Platinum Credit Card also helps to keep costs low. Not only does it have a blindingly great low rate of 12.99% p.a. on purchases, it also features a reasonable annual fee of $99 which is reduced to $49 the first year.

What we love...

On to the card’s other money-saving features. The annual fee is reasonable, especially when you compare it to certain other platinum cards. However, it’s this card’s purchase rate that’s the real winner here. If you don’t always clear your balance each month, BankSA’s lowest purchase rate could help you save a bob or two.

What’s not so great...

There's not a great balance transfer offer available with this card. Deal breaker? We’ll leave that up to you.

While we recommend reading through all the small print when applying for a credit card, we would like to bring to your attention some of the specifics regarding the balance transfer offer on this card.

First up, any unpaid transferred balance will revert to the cash advance rate, which is significantly higher than the purchase rate. You may find you cannot transfer an existing balance from a St.George, Bank of Melbourne or BankSA credit card, and you may only be able to balance transfer up to 80% of your approved credit limit. You get 6.99% p.a. for 12 months on balance transfers requested at new card application.

Why should you choose this card?

With that covered, we can now talk more about the other features that make this card worthy of your attention. Platinum perks, you say? This card’s got ‘em.

Providing you with a range of complimentary insurances, the BankSA Vertigo Platinum Credit Card gives you some peace of mind with travel insurance for trips up to six months, plus purchase insurance, extended warranty insurance and price guarantee cover.

As a cardholder, you can also benefit from the assistance of round-the-clock access to the Visa Platinum Concierge, as well as up to 55 days interest free on purchases, and up to three additional cardholders at no extra charge.

Overall Rating

A low rate platinum card with plenty of perks and a reduced $49 annual fee the first year ($99 p.a. thereafter).