St.George Vertigo Platinum Credit Card | Review & Apply

St.George Vertigo Platinum Credit Card

Card features
balance transfer
purchase rate
annual fee
St.George Vertigo Platinum Credit Card
Apply by 22 may 19
6 reviews
St.George Vertigo Platinum Credit Card
0% p.a. for 26 months on balance transfers. Reverts to cash advance rate. (2% balance transfer fee applies).
Low ongoing variable purchase interest rate of 12.74% p.a.
$0 p.a. annual fee for the first year.
Add to comparison
26 months
0% p.a.
then 19.49%
with a 2% fee
12.74% p.a.
1st year
then $99

Pros & cons

What's good?

What's not so good?

0% p.a. for 26 months on balance transfers. Reverts to cash advance rate. (2% balance transfer fee applies).
Low ongoing variable purchase interest rate of 12.74% p.a.
$0 p.a. annual fee for the first year.
Complimentary insurance for overseas travel for 6 months.
Price Protection insurance and Purchase Protection insurance.
Extended warranty on purchases.
Visa Platinum Concierge Service.
The cash advance rate of 19.49% p.a. is much higher than the low rate on purchases which could hurt if you used the card for cash advances.
2% balance transfer fee on amounts transferred.
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.

Our review

Our review of the St.George Vertigo Platinum Credit CardReviewed by Yvonne Taylor

Anyone with a hefty credit card debt they are temporarily struggling to repay should give the St. George Vertigo Platinum Credit Card some serious consideration. For many users the main initial appeal of this card will be the very long 26 months interest-free period on balance transfers and the low interest rate on purchases, but there are other attractive features like extensive complimentary insurance and a concierge service.

Low end purchase interest rate and reasonable annual fee, free first year

Although the cash advance interest rate of 19.49 percent is near the top end of the scale, the ongoing purchase interest rate is only 12.74 percent, an appealingly low rate in the credit card world. It’s the same story with the annual fee, at $99 not by any means the lowest, but very reasonable for the benefits that come with a platinum level card.

As an added sweetener, St. George has waived the annual fee for this card for the first year. The first 12 months of your 26-month 0 percent p.a. balance transfer comes absolutely free!

Crunching the numbers

There’s a maximum credit limit of $80,000 on the card, and technically this means that, if you could qualify for the full limit, you could potentially transfer a whopping $64,000 balance (80% of your credit limit) and pay no interest for 26 months. You’d need to pay a 2% transfer fee upfront and make minimum monthly repayments of 2% of the transferred amount, but the net interest cost saving would still add up to more than $25,000 if you were currently paying 20% p.a.

The saving is proportional, so a $10,000 transfer, for example, would save you over $3,900.

Avoiding the balance transfer trap

But there are a few snags to watch out for. Balance transfers only work well if you are temporarily struggling to repay your debt. Although 26 months may seem like a long time, any transferred balance remaining when the interest-free period has expired will attract interest at the cash advance rate of 19.49 percent. Ouch!

You also need to be aware of the order in which any repayments you make will be applied to your card debt (the “payment hierarchy”). If you use the card to make purchases during the balance transfer period, any repayments you think you are making to clear those purchases will actually be applied to the 2 percent minimum repayment on the transferred balance first. Tip: Don’t use your balance transfer card for purchases until you’ve paid off the balance in full.

Points collectors look elsewhere

With no frequent flyer or other rewards scheme points on offer with this card, it’s not one that will interest committed points collectors, except as an ancillary card for the sake of the balance transfer deal only.

Insurance package

A number of valuable insurance benefits are built into the card.

  • Comprehensive overseas travel insurance: Medical expenses, property cover, trip cancellation, transit accident, rental vehicle excess, worth more than $750 a year for a similar family policy in the retail market. Just make sure you activate the cover by paying for at least $500 of each trip’s expenses using your St. George Vertigo Platinum Card.
  • Domestic flight inconvenience, luggage and rental car excess cover: for shorter interstate trips within Australia.
  • Shopper’s insurance cover: When you make purchases with the card, you also get extended warranty insurance (doubles the manufacturer’s warranty with a maximum of 12 months’ additional cover), price guarantee cover (price difference refunded if you find it cheaper elsewhere within 21 days) and four months’ cover against theft, loss or accidental damage of the item.

Premium concierge service

The Visa Platinum Concierge Service (Visa Premium) provided with the card appears to offer much the same benefits (travel bookings, show tickets, restaurant reservations) as the Visa Signature Concierge Service accompanying Visa Signature cards, even though the websites and contact phone numbers are different. It’s handy if you need this kind of service, a negligible benefit if you don’t.

Before you decide

Take a glance at what the competition is offering before you make your mind up. You should be able to find other long-term balance transfer offers on the ‘Balance transfer’ page in our ‘Features’ section.

The ideal card for . . .

The St. George Vertigo Platinum card will suit anyone who needs to make a balance transfer in order to obtain breathing space to sort out their card repayments and probably has another card on which to make purchases and collect rewards points. Just don’t forget to use your St. George card for overseas and interstate travel expenses if you want to rely on the travel insurance.

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

3.6 out of 5.0 based on 6 reviews100% of reviewers would recommend this card

Rates and fees
Customer service

Reviews from users

It's worked OK for me

Reviewed and recommended by Kathryn on 31 Aug 2016

My St George Vertigo Platinum Credit Card is a reliable card. It’s convenient to use for online shopping, buying concert tickets, travelling etc. I’ve had no trouble with it at all and would have no hesitation to recommend it to others. In fact, I already have to my family and friends.

One of the lowest interest rates, but no rewards

Reviewed and recommended by Poizon on 18 Jul 2016

It has one of the lowest of interest rates out there. Who’s 100% happy paying interest? I could do without an annual card fee, or maybe the fee could be reduced.
I haven’t had any issues in all the years I’ve had it. It’s the only card i’ve ever had, so I can make no comparison.
They are quick dealing with fraud.

Great balance transfer facility

Reviewed and recommended by Darryl on 25 Jun 2016

It really helped save me money on the interest I would have needed to pay had I not been able to do a balance transfer with this credit card! It was really easy to make payments to the card having a St.George Complete Freedom account as well. It was also very easy to apply for balance transfers.

Saved me getting hit with interest

Reviewed and recommended by Joshua on 09 Jun 2016

Due to unforeseen circumstances I had to use a large sum of the credit card from my own bank. Due to financial pressures I could only pay back the bare minimum. At this point I started getting hit with interest fees. I applied for the Vertigo Platinum for the 0% interest-free window. The balance transfer was quick and convenient. I am now re-paying St.George without the hassle of interest.

I saved a lot of money with this card

Reviewed and recommended by Winnie on 09 Jun 2016

The St.George branch staff recommended this card to me. I used it for the balance transfer and saved around $600 a year in interest repayments. I also save money on the annual fee for the first year. I recommended this card to my family and friends and some of them got this card as well.

Great credit card

Reviewed and recommended by Nasrin Azizi on 05 Sep 2014

It is a great card with a low interest rate from a trusted lender. The most suitable card for our needs, we worked out that the pros outweigh the cons and we are better off with this card. Minimum limit on the card is $6,000, which is suitable for us.

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
Same as standard
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
whichever is greater, $10 or 2%

Balance transfers

The offer

Interest ratePeriodFeeLimitRevert rate
Balance transfers0% p.a.26 months2%80% of credit limit19.49% 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
80% of credit limit
Available to existing customers

Banks you can't balance transfer from

You can't balance transfer to the St.George Vertigo Platinum 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.26 months2%80% of credit limit 19.49% p.a.
PurchasesN/AN/AN/AN/A N/A

Ongoing interest rates

Cash advances 1.62% 19.49% p.a.
Purchases 1.06% 12.74% p.a.


Annual fee
$0 p.a.
Annual fee 2nd year
$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
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
Temporary residents are eligible
Age Pension, Disability Pension, Overseas Pension and Widower's Pension are acceptable.
Family Tax Benefits and Parenting Payments is 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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