Bankfirst Visa Platinum Credit Card

Bankfirst Visa Platinum Credit Card

Card features
balance transfer
purchase rate
annual fee
Bankfirst Visa Platinum Credit Card
Exclusive Visa platinum 24/7 concierge services.
Exclusive Visa platinum entertainment offers.
Low interest rate on purchases and balance transfers.
Add to comparison
9.99% p.a.
9.99% p.a.

Pros & cons

What's good?

What's not so good?

At 9.99% p.a., the standard interest rate on purchases is one of the lowest you’ll find from any bank.
Add up to 4 additional cardholders. $0 p.a. per card, which is perfect.
Credit limits start at $6,000.
Minimum repayments are 5% of the balance owed each month. Some cards have a lower minimum repayment. Having a high minimum repayment is in your benefit as you should save money in the (very) long term. Still not a good idea to only make minimum repayments.
Complimentary international travel insurance and theft cover.
There’s a $99 p.a. annual fee.
Significantly cheaper balance transfer offers are widely available.
Other platinum level cards offer a wider range of insurance for a similar annual fee.
Only Bankfirst members and their immediate family can apply.
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

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

Rates and fees
Customer service

Reviews from users

Reliability without hidden excessive fees

Reviewed and recommended by Maria Beasy on 21 Jul 2015

I’ve had this credit card for a decade now and it’s a method of balancing the family finances. I do try my best to pay off each month’s balance in full as most other Aussies do. There has always been sufficient credit available as a backup for my family’s needs.

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
Card tier
Card type
Card use
Credit rating
Gambling transactions allowed
Joint application
Minimum age
18 years old
Minimum income
Minimum income for pensioners
Rewards program
Temporary residents


Additional cardholders
Additional card fee
$0 p.a.

Credit limits

Minimum credit limit
Maximum credit limit


Interest charged from
Purchase date
Interest free period
Up to 55 days on purchases
Minimum repayment

Balance transfers

The offer

Interest ratePeriodFeeLimitRevert rate
Balance transfers9.99% p.a.N/A0%N/A19.99% p.a.

Balance transfers to this card

Balance transfer earns rewards
Balance transfer fee payment due
First statement
Balance transfer from personal loan
Balance transfer processing time
10 - 14 days
Interest free days with unpaid balance
0 days
Maximum balance transfer
Available to existing customers

Banks you can't balance transfer from

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

    Rates & fees

    Promotional interest rates

    Interest ratePeriodFeeLimitRevert rate
    Balance transfers9.99% p.a.N/A0%N/A 19.99% p.a.
    PurchasesN/AN/AN/AN/A N/A

    Ongoing interest rates

    Cash advances 1.67% 19.99% p.a.
    Purchases 0.83% 9.99% p.a.


    Annual fee
    $99 p.a.
    Cash advance fee
    Dishonour fee
    Duplicate statement fee
    Foreign exchange fee
    Late payment fee
    Over limit fee
    Overseas ATM balance fee
    Overseas ATM withdrawal fee
    Overseas emergency card replacement fee
    Transaction verification fee

    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.

    Protect your identity. Monitor your credit score for free.

    Join more than 17,000 Australians and get your score today.
    1. Protect yourself from identity fraud
      Get alerted to large credit score drops.
    2. Know where you stand
      The banks know your score. Shouldn’t you too?
    3. Avoid a nasty surprise
      Before applying, check if your credit is good enough.
    4. Always with you
      Check online or download the app.
    People are happy
    Rated 4.8 out of 5 for customer satisfaction.
    You may have seen us in
    Compare these cards: