BankVic Credit Cards | Credit Card Compare

BankVic Credit Cards

BankVic focuses on banking services and credit cards for emergency service and public sector employees. All its branches are in Melbourne, but anyone can become a member of the mutual bank and apply for a credit card.

BankVic was previously known as the Police Association Credit Cooperative, and was founded as a credit union in 1974. Its full name is BankVic (Police Financial Services Limited). It counts police, other emergency services and public service sector employees, and their families, among its members.

The bank offers a range of financial products and services, including three credit cards, bank accounts, home loans, car loans, and a wide range of insurance cover.

Owned by members

BankVic has a mutual structure, like a credit union. It is owned by its members, who are also shareholders. It currently has around 112,000 members, six branches and five ATMs (all in Melbourne) and manages around $1.8 billion of members’ funds.

Anyone can have an account

Although the bank’s branches are all located in Melbourne, and most of its members are connected with emergency services or the public sector, anyone can become a member and open an account, including applying for a credit card.

Since online banking and a mobile app are available, you don’t need to live in Melbourne to open a bank account or use its credit cards.

balance transfer
purchase rate
annual fee
No annual fee to pay.
Avaliable credit limits between $1,000 and $10,000.
Visa payWave enabled.
More info
Add to comparison
6 months
6.99% p.a.
then 11.95%
with a 0% fee
6 months
6.99% p.a.
then 11.95%
BankVic Visa Gold Credit Card
Internet and telephone banking.
Money saving balance transfer offer.
Annual fee only $50 p.a.
More info
Add to comparison
6 months
6.99% p.a.
then 16.95%
with a 0% fee
6 months
6.99% p.a.
then 16.95%

Q&As about BankVic Credit Cards from customers

Q: What is BankVic?

It is the trading name of Police Financial Services Limited, a bank with a mutual structure (i.e. owned by members and run for their benefit). It has 112,000 members, most of whom are connected with emergency services or are otherwise employed in the public sector.

Q: Can anyone have a credit card from BankVic?

Yes. You don’t need to be employed in the public sector, or live in Victoria. Credit cards and other accounts can be managed via online banking and a mobile app.

Q: What kind of accounts and products does BankVic offer?
  • Three credit cards: the BankVic Visa Gold, Visa Silver and Qantas Visa cards
  • Bank savings and transaction accounts
  • Term deposits
  • Home loans
  • Property investment loans
  • Car loans
  • Insurance for home and contents, cars, travel, landlord, health, and more
Q: Does BankVic have branches and ATMs?

Yes. It has six branches and five ATMs, all located in Melbourne.

You can manage your accounts, including your credit card, via online banking and a mobile app.

Q: Does BankVic have online banking?


Q: Does BankVic have a mobile app?


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