- Pay no annual fee
- 0% on balance transfers for 12 months. 1% balance transfer fee applies. Reverts to cash advance rate.
- Add up to 3 additional card holders at no extra cost
- $500 minimum credit card limit
- 24/7 Falcon fraud monitoring
- Up to 55 days interest free on purchases
- Eligible with Apple Pay, Google Pay and Samsung Pay
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St.George Credit Cards
St.George No Annual Fee Credit Card
Updated 1 October 2020
With the St.George No Annual Fee Credit Card, you can benefit from having 3 additional cardholders at no extra cost, 24/7 Falcon Fraud monitoring and a low minimum card limit.
T&Cs apply. Offer ends 9 February 2021
Purchase Rate (p.a)
20.74%
Balance Transfer (p.a)
0% for 12 months
1% balance transfer fee applies.
Reverts to 21.49% p.a.
Annual Fee (p.a)
$0
Pros and cons
- High purchase and cash advance rate
- 1% balance transfer fee on amounts transferred
Creditcard.com.au review
Editor Review
St.George No Annual Fee 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 St George No Annual Fee Credit Card
Who says credit cards have to be expensive? If you know how to deal with credit correctly – and what to look for when choosing a card – credit cards can cost you zip. As long as you avoid fees and pay off your balance before it starts accruing interest, there’s no reason why you can’t enjoy access to credit for free.
If you’re interested in saving money on your credit card, the first thing to think about is how much you’re paying in annual fees. By choosing a credit card with no annual fee, you could save hundreds of dollars a year, while still enjoying the many benefits of having a credit card.
Sound good? Then check out the St George No Annual Fee Credit Card. This little money-saver charges no annual fee for the life of the card – and still offers some pretty neat features. On top of that, it has a good introductory offer. New customers can enjoy 0% p.a. on balance transfers for 12 months. 1% balance transfer fee applies. Reverts to cash advance rate after the promotional period ends.
What we love…
Let’s start with the introductory offer. What can you do in over a year? Quite a lot, if you put your mind to it. With this card, you could use the balance transfer offer to make a substantial dent in existing credit card debt.
With its offer, the St George No Annual Fee Credit Card shapes up nicely within the no annual fee card market. Yes, there are cards that offer same balance transfer periods, such as the Virgin Money No Annual Fee Credit Card (with 0% on balance transfers for 18 months). But, if you want a card that charges no annual fee ever, with a balance transfer offer, you’ll have to search pretty hard indeed.
Another great feature is its low minimum income requirement. To apply for this card, you only need to earn a minimum of $14,000 per year. Compared to some other cards – especially platinum cards – this makes it much easier on lower income earners. You can also enjoy a nice low minimum credit limit of $500, helping to keep excessive spending in check, if needed.
What’s not so great…
When comparing credit card offers, it’s important to read the small print. When it comes to balance transfer offers, you need to find out the card’s revert rate. This is the rate of interest any unpaid balance will attract when the introductory period ends.
The offer on the St George No Annual Fee Credit Card revert to the card’s cash advance rate, currently at a variable 21.49% p.a. That means if you transfer a balance and don’t pay it off within the intro period, it will start accruing interest at that much higher rate.
It goes without saying that any purchases made will also attract that same higher rate of interest. So, if you don’t pay off the balance each month, you could end up paying out heaps in interest.
Why should you choose this card?
There are two types of cardholders no annual fee cards generally attract. First, there are the money-savers. They want to keep costs down to a minimum by not paying annual fees on their credit card. Second, there are those who keep a credit card for emergencies. Using their debit card for day-to-day plastic payments, they keep their no annual fee card just in case they ever need access to credit.
If you fit into either of these categories – or you want to take advantage of a great purchase and balance transfer offer – the St George No Annual Fee Credit Card could be for you. While it may not be jam-packed with features, it does offer three additional cardholders at no extra cost, Visa extras and security, and up to 55 days interest free on purchases.
Overall Rating
Offering the perfect way to save money on annual fees, this card has some decent extras, plus a good balance transfer offer.
User reviews
Rates and fees
Interest rates
Purchase rate 20.74% 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 12 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
Banks you can't balance transfer from Bank of Melbourne, BankSA, St.George
Credit limits
Minimum credit limt $500
Maximum credit limit $40,000
Fees & repayments
Annual fee $0 p.a.
Additional card holder fee Up to 3 at no extra cost
Foreign transaction fee 3%
Minimum repayment 2%
Cash advance fee 2%
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
St.George No Annual Fee Credit Card
Having no annual fee to pay should really help to cut down on costs. If you choose this card, you can also benefit from having 3 additional cardholders at no extra cost, a Visa card, online secure shopping, 24/7 Falcon Fraud monitoring, and a low minimum card limit.
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
- No annual fee
- 0% on balance transfers for 12 months. 1% balance transfer fee applies. Reverts to cash advance rate.
- 20.74% p.a. on purchases and 21.49% p.a. on cash advances
- Add up to 3 additional card holders at no extra cost
- $500 minimum credit card limit
- 24/7 Falcon fraud monitoring
- Up to 55 days interest free on purchases
- 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
-
Resident or citizen of Australia. Temporary residents are eligible.
You have your personal details ready to complete the online application
Roland B Bleyer founded Creditcard.com.au in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.
Recently Asked Questions
Something you need to know about this card? Ask a our credit card expert a question.
Ask a question43 questions (showing the latest 10 Q&As)
Looking at transferring balance to a 0% interest & $0 annual fee card for at least 12m if I pay this off within the 12m & then cancel the card will there be any fees? Also can you direct debit repayments from another bank?
Thanks
Mel
Hi Mel, no cancellation fees with any credit card. Yes you can do direct debit from another bank account outside of St George.
hi, i have never owned a credit card before. what i need it for is i am setting up an online business. As products are bought from me they are then produced by a manufacturer who charges me before i would get the money from my customer. i plan to have the payments to the manufacturer come off the credit card and and as soon as i receive payment from the customer, pay the card off. what i need to know is that there will be no extra costs/interest whatsoever assosiated provided i pay the card off in time, which i have read is within 55 days. also, what happens after havung the card for over a year? an annual fre begins?
thank you for your time.
G
Hi Gordon, its up to 55 days interest free. It depends on when you buy in your billing cycle to how many interest free days you get. I suggest you do one of our free intro credit card courses. Just to get your head around the basics. https://edu.creditcard.com.au/courses/credit-card-essentials
Hi,
I am hoping to apply for a balance transfer credit card and transfer the balance from a card in another person's name. Will St George accept this? If not, do you know which banks might?
Thanks so much.
Hi Nicole, a balance transfer must be between the same legal person. Therefore no bank will accept a transfer from someone else's name than the applicant. A longer way around would be to get a low rate personal loan. Then look to get a balance transfer later on of that personal loan. This is a 2 step process and the risk is that you cannot get the balance transfer for the loan. Though the personal loan interest rate may be much better than the credit card. Therefore reducing the interest paid on the outstanding amount.
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Creditcard.com.au Visitor
28 January 2013This card is alright, best thing is their customer service
Recommends this cardJoy Delosa
28 January 2013This is my emergency card. I only use my debit card normally but I wanted a credit card just in case. I donâ??t pay an annual fee, and if I do use it then I pay it off straight away.
Recommends this card