The lowdown.
About BankSA credit cards
BankSA, South Australia's leading bank, boasts an extensive network of branches and ATMs across the region. As part of the Westpac Banking Group, BankSA offers its credit card services to all Australians, not just those in South Australia. With a variety of cards designed to meet diverse financial needs, BankSA provides options like rewards, frequent flyer, low interest, no annual fee, and balance transfer credit cards.
Types of BankSA credit cards
BankSA offers a range of credit cards crafted to suit different lifestyles and financial priorities. Here are some of the standout options:
- Rewards credit cards: The Amplify Platinum card lets you earn reward points on everyday spending, which can be redeemed for flights, cashback, accommodation, merchandise, and more.
- Frequent flyer credit cards: BankSA offers the Amplify, Amplify Platinum, and Amplify Signature cards. You can tie your card to either the Amplify Rewards Program or the Qantas Frequent Flyer program to earn points on your purchases. You can also transfer your Amplify Rewards to Velocity Points or Singapore Airlines KrisFlyer.
- Low rate credit cards: The BankSA Vertigo credit card keeps things affordable with a low ongoing variable interest rate, helping you cut down on credit card costs. From time to time, BankSA also rolls out interest-free deals on purchases for limited promotional periods.
- Premium credit cards: The Amplify Signature card delivers a premium rewards program, travel insurance, and luxury benefits like airport lounge access and Priority Pass, ideal for frequent flyers and those seeking top-tier privileges.
- No annual fee credit cards: The BankSA No Annual Fee Credit Card has a $0 annual fee for life.
- Balance transfer credit cards: A BankSA card with a low or 0% balance transfer offer can help you avoid interest charges during the introductory period. You can transfer debt from up to three Aussie credit cards, as long as they’re not from BankSA, Bank of Melbourne, or St.George. Once the introductory offer expires, any leftover balance will return to the card’s cash advance interest rate, so aim to pay it off within the intro offer period.
- Business credit cards: BankSA business cards offer rewards, low rates, and additional cards for employees, helping business owners (from sole traders to corporates) separate expenses, track spending, and set individual limits.
Benefits of BankSA credit cards
BankSA credit cards come with a host of features designed to enhance convenience and value. Here are some of the key advantages:
- Reward points: Earn points on eligible purchases, redeemable for a variety of rewards, including travel, hotel stays, merchandise, and gift cards.
- Complimentary insurance: Many cards offer free travel insurance, purchase protection, and extended warranty coverage for added security and peace of mind.
- Contactless payments: Tap-and-go technology makes transactions fast and hassle-free.
- Interest-free period: Enjoy an interest-free period on purchases when you pay your balance in full by the due date, giving you flexibility with your cash flow.
- Exclusive offers: Access special deals, bonus points, and discounts through BankSA’s partnerships with merchants and services.
Eligibility criteria for BankSA credit cards
While eligibility varies depending on the card, the following general requirements typically apply:
- Age: You must be at least 18 years old to apply.
- Income: A minimum income is usually required to ensure you can meet repayment obligations.
- Residency: Applicants need to be Australian residents or hold a valid visa.
- Credit history: BankSA will review your credit history to assess your creditworthiness.
Check the specific criteria for your chosen card to confirm you’re eligible before applying.
How to apply for a BankSA credit card
Getting a BankSA credit card is a simple process, whether you apply online or in-branch. Here’s a step-by-step guide:
- Choose a card: Compare BankSA’s credit card options to find the one that matches your financial needs and spending habits.
- Check eligibility: Ensure you meet the age, income, residency, and credit history requirements.
- Prepare documents: Gather proof of identity, income verification, and financial details to support your application.
- Apply: Fill out the online application on the BankSA website or visit a branch, providing accurate information.
- Verification and approval: BankSA will review your application, which may involve identity and income checks. You’ll hear back within a few business days.
- Activate your card: Once approved, your card will be mailed to you with instructions for activation and use.
Compare side by side
Credit cards similar to BankSA
Here are 5 other credit card issuers you could compare with BankSA:
