What are the eligibility criteria for transferring a personal loan to a credit card?

Published 16 May 2024

It varies from card to card. Basically you will need to meet the eligibility criteria for the card itself (e.g. minimum age, minimum income, Australian residency, reasonable credit score). If your application is approved, the credit limit allocated will reflect the bank’s assessment of the size of debt you are able to service and repay, and your balance after transferring the loan needs to fit within this limit.