Bank First Credit Cards

Compare Bank First credit cards by rates, fees, and features to make an informed choice.

Updated 1 Mar 2024

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Comparing Bank First credit cards

Bank First Visa Classic Credit Card

On website

Highlights

  • $0 annual fee per annum.
  • Experience up to 55 days interest-free on purchases.
  • Access exclusive offers on food, travel, entertainment, and more.

Pros

  • The competitive purchase rate and cash advance rate of 12.54% p.a.
  • $0 p.a. annual fee.
  • Enjoy up to 55 interest-free days on purchases.

Cons

  • There is no rewards program on this card.
Bank First Visa Platinum Credit Card

On website

Highlights

  • An attractive interest rate of 9.59% per annum on purchases and balance transfers.
  • Includes complimentary travel insurance and concierge service.
  • Benefit from up to 55 days interest-free on purchases.

Pros

  • Enjoy 9.59% p.a. on purchases and balance transfers
  • Comes with complimentary travel insurance and concierge service.
  • Get special deals on food, travel, entertainment and more.

Cons

  • There is no rewards program on this card.

Bank First, formerly known as Victoria Teachers Mutual Bank, is a customer-owned bank dedicated to serving the education community. With a focus on providing financial solutions that benefit members, Bank First offers a range of banking products, including credit cards, designed to meet the diverse needs of its customers.

Types of Bank First Credit Cards

Bank First offers a variety of credit cards to cater to different preferences and requirements. These cards may include but are not limited to:

  • Low Rate Cards: Designed for those who prioritize a low-interest rate on purchases.
  • Platinum Cards: Offering exclusive benefits such as complimentary insurance covers and rewards programs.
  • Visa Cards: Providing global acceptance and convenient payment options both online and offline.

Features and Benefits

Annual Fees

Bank First credit cards may come with competitive annual fees that are designed to provide value for cardholders while keeping costs low.

Interest Rates

The bank offers competitive interest rates on purchases, allowing cardholders to manage their balances effectively.

Rewards Programs

Certain Bank First credit cards may offer rewards programs that allow cardholders to earn points or cashback on eligible purchases.

Complimentary Insurance

Platinum credit cards from Bank First may include complimentary insurance covers, providing cardholders with added peace of mind.

How to Apply

To apply for a Bank First credit card, individuals typically need to meet certain eligibility criteria set by the bank. The application process may vary depending on the type of credit card chosen. Applicants may be required to provide personal and financial information for assessment.

Managing Your Bank First Credit Card

Once approved for a Bank First credit card, cardholders can manage their card account through various channels. This may include:

  • Internet Banking: Accessing account information and performing transactions online.
  • Mobile App: Utilizing the mobile banking app for convenience in managing the credit card account on the go.

Help choosing a Bank First credit card

Receive personalized guidance to choose the optimal Bank First credit card that aligns with your financial objectives and lifestyle preferences.

  • FAQs

What are the eligibility criteria for a Bank First credit card?

To be eligible for a Bank First credit card, you must be at least 18 years old, a resident of Australia, and have a regular income. A good credit history is also typically required. Specific criteria may vary depending on the card, so it's advisable to check Bank First's official website or contact their customer service for detailed information.

How can I access my Bank First credit card account online?

You can access your Bank First credit card account online by registering for Bank First's Internet Banking service. Once registered, you can log in to view your statements, monitor transactions, make payments, and manage your account details securely.

Do Bank First credit cards offer balance transfer options?

Yes, Bank First credit cards offer balance transfer options, allowing you to transfer balances from other credit cards to your Bank First credit card, potentially at a lower interest rate. This can help you consolidate debt and save on interest payments. Terms and conditions, including fees and interest rates, vary, so reviewing the specifics for the offer you're interested in is important.

What are the fees associated with Bank First credit cards?

The fees associated with Bank First credit cards can include an annual fee, late payment fees, cash advance fees, and possibly balance transfer fees. The specific fees depend on the type of credit card you have with Bank First. It's important to read the Product Disclosure Statement (PDS) for your specific card to understand all applicable fees.