BankSA Vertigo Visa Credit Card | Review, Compare & Apply

BankSA Vertigo Credit Card

My rate: 
17%
 
My annual fee: 
$90
 
Transfer: 
$5,000
 
From: 
All banks
Offer
Card features
balance transfer
purchase rate
annual fee
Money saved
NEW
BankSA Vertigo Credit Card
Apply by 30 sep 20
6 reviews
BankSA Vertigo Credit Card
0% p.a. for 22 months on balance transfers with 1.5% balance transfer fee. Reverts to cash advance rate.
0% p.a. on purchases for up to 7 months from card approval (reverts to 13.99% thereafter).
$0 p.a. annual fee for the first year ($55 p.a. thereafter).
Add to comparison
22 months
0% p.a.
then 21.49%
with a 1.5% fee
7 months
0% p.a.
then 13.99%
$0
1st year
then $55

Pros & cons

What's good?

What's not so good?

0% p.a. for 22 months on balance transfers with 1.5% balance transfer fee. Reverts to cash advance rate.
0% p.a. on purchases for up to 7 months from card approval (reverts to 13.99% thereafter).
$0 p.a. annual fee for the first year ($55 p.a. thereafter).
Up to 55 days on purchases interest free on purchases.
Know if your application is successful or not in 60 seconds.
Uncleared balance transfers revert to the cash advance rate.
No rewards program.

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.

Joint applications are limited to branch and customer care only. Currently, the bank is not accepting balance transfer requests with joint applications.

Disclaimer (2): 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

3.2 out of 5.0 based on 6 reviews67% of reviewers would recommend this card

Rates and fees
Rewards
Customer service
Convenience
Trust

Reviews from users

Good everyday card

Reviewed and recommended by Karina on 03 Jul 2016

The BankSA Vertigo credit card is a good everyday card with a low annual fee and I would highly recommend it to everyday users. If you pay your card off each month, then you don’t get charged interest. This means you can purchase something and depend have up to 49 days to pay for it.

Good interest rate

Reviewed and recommended by Angie on 02 Jul 2016

When I compared other interest rates, this card worked out cheaper. However, it carries an annual fee which is annoying when so many credit cards don’t any more. I have been looking for another credit card because of this. I usually pay my balance off each month so it works out, but at the moment I’m being hit with interest which is a money drain!

I save a lot of money with this card

Reviewed and recommended by Nikita on 28 Sep 2015

I have had my BankSA Vertigo low interest card for many years now as it is very beneficial with the very low interest rate. I save lots of money. With this card I have also received balance transfer offers with no interest for a certain period, which I have used and saved thousands! Love my card.

Too expensive, bad service

Reviewed and not recommended by Ebi Riemer on 21 Jul 2015

I found BankSA to be not very user-friendly and restricted usage – whilst overseas the card did not work in all ATMs and the entire credit limit could not be used as expected. Bear in mind that my credit limit was $600, which is too low to be called credit – it should be in the $1000 range. I’m going to change to a different bank soon.

Addictive!

Reviewed and recommended by Christina on 12 Jun 2015

At the beginning the credit card was easy to maintain and pay off, but I have extended many times and am finding it hard to keep on top of! It’s not the card so much, but myself allowing it to get out of control and maxing out my limit too much.

Fair go?

Reviewed and not recommended by help required on 11 Aug 2013

They were good at the start and when I got into trouble they didn’t want to know about it. I wanted to combine my cards and make it easier for me but they refused. They were quick to give out the cards but not to assist. Fair go – help australians.

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
No
Joint application
Yes
Minimum age
18 years old
Minimum income
$15,000
Minimum income for pensioners
Same as standard
Pensioners
Rewards program
None
Temporary residents
N/A

Cardholders

Additional cardholders
1
Additional card fee
$0 p.a.

Credit limits

Minimum credit limit
$500
Maximum credit limit
$80,000

Repayments

Interest charged from
Purchase date
Interest free period
Up to 55 days on purchases
Minimum repayment
2%

Balance transfers

The offer

Interest ratePeriodFeeLimitRevert rate
Balance transfers0% p.a.22 months1.5%80% of credit limit21.49% p.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
80% of credit limit
Available to existing customers
No

Banks you can't balance transfer from

You can't balance transfer to the BankSA Vertigo Credit Card at the promotional balance transfer rate from:

  • Bank of Melbourne
  • Bank SA
  • St.George

Rates & fees

Promotional interest rates

Interest ratePeriodFeeLimitRevert rate
Balance transfers0% p.a.22 months1.5%80% of credit limit 21.49% p.a.
Purchases0% p.a.7 monthsN/AN/A 13.99% p.a.

Ongoing interest rates

MonthlyAnnually
Cash advances 1.79% 21.49% p.a.
Purchases 1.17% 13.99% p.a.

Fees

Annual fee
$0 p.a.
Annual fee 2nd year
$55 p.a.
Cash advance fee
2%
Dishonour fee
$9
Duplicate statement fee
$2
Foreign exchange fee
3%
Late payment fee
$15
Over limit fee
N/A
Overseas ATM balance fee
$2.50
Overseas ATM withdrawal fee
$2.50
Overseas emergency card replacement fee
$52.5
Transaction verification fee
$0

Minimum criteria for this card

What you need before applying

Be over 18 years old
You are a resident or citizen of Australia
Earn a regular income of more than $15,000 per year
You have your personal details ready to complete the online application
Have not applied for multiple credit cards recently
Joint applications are allowed
Age Pension, Disability Pension and Widower's Pension are acceptable.
Family Tax Benefits and Parenting Payments is acceptable.
Austudy, Carer's Allowance, Child Support Payments and Foster Care Allowance are not acceptable.
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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People are happy
Rated 4.8 out of 5 for customer satisfaction.
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