Low Rate Visa Credit Card

Compare

Basic

Card Level
Card Level
Standard
Interest Free Days
Interest Free Days
62
Maximum credit limit
Maximum credit limit
No set max
Minimum credit limit
Minimum credit limit
$500
Minimum repayment dollars
Minimum repayment dollars
$10
Minimum repayment percent
Minimum repayment percent
2.5
Number free supplementary
Number free supplementary
4
Annual Fee
Annual Fee
$49
Late Payment Fee
Late Payment Fee
$25
Over limit fee
Over limit fee
$11
Duplicate statement fee
Duplicate statement fee
$0
Supplementary card annual fee
Supplementary card annual fee
$0
Apple Pay available
Apple Pay available
Google Pay available
Google Pay available
Samsung Pay available
Samsung Pay available
Card Level
Card Level
Standard
Interest Free Days
Interest Free Days
62
Maximum credit limit
Maximum credit limit
No set max
Minimum credit limit
Minimum credit limit
$500
Minimum repayment dollars
Minimum repayment dollars
$10
Minimum repayment percent
Minimum repayment percent
2.5
Number free supplementary
Number free supplementary
4
Annual Fee
Annual Fee
$49
Late Payment Fee
Late Payment Fee
$25
Over limit fee
Over limit fee
$11
Duplicate statement fee
Duplicate statement fee
$0
Supplementary card annual fee
Supplementary card annual fee
$0
Apple Pay available
Apple Pay available
Google Pay available
Google Pay available
Samsung Pay available
Samsung Pay available

Rates

Purchase Rate
Purchase Rate
12.49%
Cash advance rate
Cash advance rate
19.99%
Purchase Rate
Purchase Rate
12.49%
Cash advance rate
Cash advance rate
19.99%

Balance Transfer

Balance Transfer Rate
Balance Transfer Rate
0%
for 12 months then 12.49%
Transfer Limit
Transfer Limit
100%
of the chosen credit limit
Balance Transfer Fee
Balance Transfer Fee
$0
Balance Transfer Rate
Balance Transfer Rate
0%
for 12 months then 12.49%
Transfer Limit
Transfer Limit
100%
of the chosen credit limit
Balance Transfer Fee
Balance Transfer Fee
$0

Overseas spending

Foreign Exchange Fee
Foreign Exchange Fee
3% on Visa
Overseas charges
Overseas charges
$4
Estimated ATM Cost
Estimated ATM Cost
$13
for AU $300 withdrawal
Foreign Exchange Fee
Foreign Exchange Fee
3% on Visa
Overseas charges
Overseas charges
$4
Estimated ATM Cost
Estimated ATM Cost
$13
for AU $300 withdrawal

Rewards

Program name
Program name
Rewards Available
Rewards Available
Program name
Program name
Rewards Available
Rewards Available

Eligibility

Minimum age
Minimum age
18
Minimum income
Minimum income
Eligibility conditions
Eligibility conditions
Minimum age
Minimum age
18
Minimum income
Minimum income
Eligibility conditions
Eligibility conditions

Perks

  • Free Supplementary CardsSupplementary cardholder must be over 16 years of age
Other Benefits
0% for 12 months on balance transfers completed within 1 month of card application

Features

The Beyond Bank Australia Low Rate Visa credit card has a moderately low annual fee, moderately low interest rates and a high number of interest-free days on new purchases. The card permits up to four additional card holders (age 16 or over) at no extra cost. This card does not have an associated rewards scheme.

This card has an introductory balance transfer offer that grants card holders 12 months of 0 per cent interest.

The Beyond Bank Australia Low Rate Visa card offers several layers of card security, including the Visa zero liability policy, which means card holders are not held liable for unauthorised purchases. Verified by Visa and Smart Chip Protection ensure that your money remains safe.

The Beyond Bank Australia Low Rate Visa credit card is eligible for Apple Pay and Google Pay.

Pros
  • 0% balance transfer offer
  • High interest-free period
  • Four free additional cardholders
Cons
  • Charges an annual fee
  • No rewards scheme
  • No complimentary insurance

  

Who is it good for?

The Beyond Bank Australia Low Rate Visa credit card is best for potential card holders who struggle to clear their credit card debt each month. The moderately low interest rates can help budget customers take control of their debt, while the high number of interest-free days offers flexibility and convenience.

The Beyond Bank Australia Low Rate Visa credit card also offers an introductory balance transfer deal that may be beneficial for customers who want to transfer their existing credit card debt. Card holders are offered 12 months of 0 per cent interest on all balance transfers.

This card may not be a good fit for customers who are confident about paying their bill in full each month or those who want rewards for their spending. The card does not offer points or frequent flyer miles for purchases.

What RateCity says

With its moderately low interest rates and high interest-free period on new purchases, the Beyond Bank Australia Low Rate Visa credit card may be a sensible choice for budget card holders. The relatively low rates can be beneficial to those who struggle to pay their bill in full each month.

This card also offers a reasonable balance transfer deal, with 0 per cent interest for the first 12 months. Customers looking to transfer existing debt to a new card may find this deal appealing.

However, this card does not offer benefits to those customers who do not require a low-rate card. The Beyond Bank Australia Low Rate Visa card does not have a rewards scheme, complimentary insurances or frequent flyer points, which may deter customers who want rewards for their purchases.

Applying/eligibility

Eligible applicants can apply for the Beyond Bank Australia Low Rate Visa credit card through a secure online application. In order to be an eligible applicant, you must be at least 18 years old and meet Beyond Bank Australia’s serviceability criteria. Before you apply, be sure to have details of your income, assets and liabilities nearby. You’ll also need to submit a form of photo ID, as well as personal and contact details.

About Beyond Bank Australia

Beyond Bank Australia is a wholly customer-owned financial services institution. Serving over 200,000 customers across the country, Beyond Bank Australia offers both personal and business banking solutions. Their personal products and services include credit cards, bank accounts, car loans, personal loans, home loans and a range of insurances. They also provide loans and accounts to a range of businesses. Customers can contact Beyond Bank Australia by phone or via online live chat.

Compare your product with the big 4 banks, or add more products to compare
As seen on