Bankfirst Visa Classic Credit Card

Bankfirst Visa Classic Credit Card

Offer
Card features
balance transfer
purchase rate
annual fee
Apply
Bankfirst Visa Classic Credit Card
No monthly administration fees.
24/7 access.
Easy repayment options.
Add to comparison
12.94% p.a.
ongoing
12.94% p.a.
ongoing
$0
ongoing

Pros & cons

What's good?

What's not so good?

At just 12.94% p.a., this is one of the cheapest cash advance rates around.
The standard rate on purchases is 12.94% p.a., which is significantly lower than the average. If you don’t pay off the balance in full each month, this could save you money.
The annual fee is the perfect amount: $0 p.a.
The 2.5% foreign exchange fee is lower than the normal charged. Beneficial if you travel a lot or often buy from overseas stores.
Minimum monthly repayments are set at 5%. This is more than normal, but it actually means you save money in the long term by paying off your card faster.
No introductory offer on purchases either.
Only available to members of Bankfirst and their immediate family.
Disclaimer: Reviews rely upon third party information that may not be correct or may be changed without Credit Card Compare’s knowledge. You must carefully consider your own circumstances before making any commitments and confirm all offers and terms with credit card providers before accepting them. Please refer to our T&Cs for more.

User reviews

4.2 out of 5.0 based on 1 review100% of reviewers would recommend this card

Rates and fees
Rewards
Customer service
Convenience
Trust

Reviews from users

Great credit card and no annual fees!

Reviewed and recommended by Simon on 15 Jun 2016

This is an excellent credit card to have. I can choose to increase or lower my limit at my own discretion. No annual fees and no joining fee required and excellent security when using overseas or for online purchases. I’ve had this credit card for eight years and I still find it to be a better deal than any other banks offer.

Disclaimer: The opinions expressed about credit cards are the reviewer's alone, and do not reflect the views of Credit Card Compare or the credit card issuer. Reviews have not been approved or otherwise endorsed by Credit Card Compare.

The basics

About this card

Card setup
Single
Card tier
Standard
Card type
Visa
Card use
Personal
Credit rating
Any
Gambling transactions allowed
Yes
Joint application
Yes
Minimum age
18 years old
Minimum income
N/A
Minimum income for pensioners
N/A
Pensioners
N/A
Rewards program
None
Temporary residents
N/A

Cardholders

Additional cardholders
4
Additional card fee
$0 p.a.

Credit limits

Minimum credit limit
$2,000
Maximum credit limit
$10,000

Repayments

Interest charged from
Purchase Date
Interest free period
Up to 55 days on purchases
Minimum repayment
5%

Balance transfers

The offer

Interest ratePeriodFeeLimitRevert rate
Balance transfers12.94% p.a.N/ANoneN/AN/A

Balance transfers to this card

Balance transfer earns rewards
No
Balance transfer fee payment due
First statement
Balance transfer from personal loan
No
Balance transfer processing time
10 - 14 days
Interest free days with unpaid balance
0 days
Maximum balance transfer
N/A
Available to existing customers
No

Banks you can't balance transfer from

You can't balance transfer to the Bankfirst Visa Classic Credit Card at the promotional balance transfer rate from:

    Rates & fees

    Promotional interest rates

    Interest ratePeriodFeeLimitRevert rate
    Balance transfers12.94% p.a.N/ANoneN/A N/A
    PurchasesN/AN/AN/AN/A N/A

    Ongoing interest rates

    MonthlyAnnually
    Cash advances 1.08% 12.94% p.a.
    Purchases 1.08% 12.94% p.a.

    Fees

    Annual fee
    $0 p.a.
    Cash advance fee
    2.50%
    Dishonour fee
    $17.50
    Duplicate statement fee
    $2.00
    Foreign exchange fee
    2.5%
    Late payment fee
    $20
    Over limit fee
    $12
    Overseas ATM balance fee
    $2.50
    Overseas ATM withdrawal fee
    $2.50
    Overseas emergency card replacement fee
    $150
    Transaction verification fee
    $7

    Minimum criteria for this card

    What you need before applying

    Be over 18 years old
    You are a resident or citizen of Australia
    You have your personal details ready to complete the online application
    Have not applied for multiple credit cards recently
    Joint applications are allowed
    Disclaimer: The minimum criteria are intended only to be a guide. Your application may still be rejected by the bank even if you can answer 'Yes' to all the minimum criteria. The final decision regarding your application is up to the bank.

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