Defence Bank Credit Card

On website

Defence Bank Credit Card

Balance transfer

6 months at 3.99% p.a.

Purchase rate

6 months at 3.99% p.a.

Annual fee

$45.00 p.a. ongoing

Highlights

  • 3.99% for half a year on balance transfers, purchases, and cash advances (reverting to 8.99% p.a. thereafter).
  • A favorable 8.99% p.a. continuous interest rate on purchases and cash advances.
  • Enjoy up to 55 days interest-free on purchases.

Pros and cons

Pros

  • The low-interest rate for purchases and cash advances.
  • Even lower interest rate for the first 6 months on balance transfers, purchases, and cash advances.
  • Get an additional cardholder at no extra cost.
  • Compatible with digital wallets from Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.

Cons

  • No rewards program.
  • Basic card with no frills and perks.

About this credit card

Basics

Card usage

Apple Pay Enabled
Yes
Card Type
Visa
Gambling Transactions Allowed
No
Samsung Pay Enabled
Yes

Eligibility

Joint Application Accepted
No
Minimum Age
18 years
Minimum Credit Rating
Good
Minimum Income
N/A
Temporary Residents Accepted
N/A

Additional cardholders

Additional Cardholders
1
Additional Card Fee Ongoing
$0.00

Credit limits

Minimum Credit Limit
$1,000.00
Maximum Credit Limit
N/A

Repayments

Interest Charged From
Purchase date
Interest Free Period
Up to 55 days on purchases
Minimum Repayment Percentage
3%

Balance transfers

Balance transfer offer

Balance Transfer Rate
3.99%
Balance Transfer Period
6 months
Balance Transfer Fee Percentage
0%

Balance transfer conditions

Balance Transfer From Personal Loan
No
Balance Transfer Limit Percentage
100%
Balance Transfer Revert Rate
8.99%

Rates, fees, charges

Cash advances

Cash Advance Rate
8.99% p.a.
Cash Advance Fee
$4.10
Cash Advance Fee Percentage
N/A
Cash Advance Fee Threshold
N/A

Purchases

Purchase Rate Introductory Offer
3.99%
Purchase Rate Introductory Period
6 months
Purchase Rate Ongoing
8.99% p.a.

Account fees

Annual Fee Initial Year
N/A
Annual Fee Ongoing
$45.00
Dishonour Fee
$25.00
Duplicate Statement Fee
$5.00
Foreign Exchange Fee Percentage
3%
Late Payment Fee
$20.00

Rewards

Rewards program basics

Rewards Program
N/A
Rewards Program Annual Fee Initial Year
N/A
Rewards Points Expiry
N/A

Rewards points per $1 spent

Domestic Rewards Points Earn Rate
N/A
Government Rewards Points Earn Rate
N/A
Overseas Rewards Points Earn Rate
N/A

Additional perks

Insurance

Cardholder's Domestic Hotel Burglary Insurance
No
Cardholder's Extended Warranty Insurance
No
Cardholder's International Travel Insurance
No
Cardholder's Interstate Flight Inconvenience
No
Cardholder's Personal Item Theft Cover
No
Cardholder's Price Protection Insurance
No
Cardholder's Purchase Protection Insurance
No
Cardholder's Refund Protection
No
Cardholder's Transport Accident Insurance
No

Travel and lifestyle

Airport Lounge Access Included
No
Concierge Service Included
No
Complimentary Flight Voucher Included
No
Complimentary QFF Membership Included
N/A

Our review

Convenience

Customer service

Rates and fees

Rewards

Trust

account

Reviewed by Credit Card Compare Staff

History

    User reviews

    Convenience

    Customer service

    Rates and fees

    Rewards

    Trust

    Very pleased with this card

    Reviewed by Jason

    Customer service is second to none

    Reviewed by Kat

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