Important disclosure
Pros and cons
For Low Rate Visa Card
Benefits
- Ongoing variable purchase rate ranked in the best 20%
- Lower than average annual fee
Drawbacks
- No reward program
- Does not offer free supplementary cards
Australian Military Bank Rate Credit card overview
For Low Rate Visa Card
Details
Card Level Standard | Card Type Visa |
Interest Free Days 45 | Minimum monthly repayment 2% or $20 |
Minimum credit limit $2k | Maximum credit limit No set max |
Free supplementary cards | Instant Approval |
Target Market Determination Visit Australian Military Bank Ltd to view Target Market Determination. |
Fees
Annual Fee $49 | Annual Fee Spend Waiver |
Supplementary card annual fee $0 | Late Payment Fee $10 |
Over limit fee $15 | Duplicate statement fee $2.5 |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate 11.99% p.a |
Cash advance rate 19.99% |
Cash advance fee $4.5 |
Balance Transfer
Balance Transfer Rate 0% p.a |
Transfer Limit 100% of the approved credit limit |
Balance Transfer Fee |
Overseas spending
Foreign Exchange Fee 2.95% on Visa |
Overseas charges $4.5 |
Estimated ATM Cost $13.35 for AU $300 withdrawal |
Rewards
Program name |
Rewards Available - |
Eligibility
Minimum age 18 |
Minimum income |
Eligibility conditions You have a regular source of income through employment |
Residency |
- Balance Transfer 0% p.a. on balance transfers for 12 months. Conditions apply.Applicable at the time you apply for a credit card. Reverts to 11.99% p.a. after 12 months.