Virgin Money Virgin Australia Velocity Flyer Card (Balance Transfer Offer)
Balance Transfer0% p.a. for 22 months on balance transfers. Earn 3 additional bonus Velocity Points per $1 on your everyday spend in the first 3 months (capped at 10,000 points per month).
Balance Transfer Rate
Max Free Days
Number free supplementary
Interest Free Days
Interest Free Days
Maximum credit limit
Late Payment Fee
Minimum credit limit
Over limit fee
Minimum repayment dollars
Duplicate statement fee
Minimum repayment percent
Supplementary card annual fee
Cash advance rate
Balance Transfer Rate
Balance Transfer Rate
Balance Transfer Fee
Foreign Exchange Fee
2.85% on Visa
Estimated ATM Cost
for AU $300 withdrawal
|1 point for $1 spent||Visa||uncapped||eligible transactions|
- Free Supplementary Cards
Balance Transfer not available
Compare and review credit cards with similar features
Hume Bank is a customer-owned bank. It was established in 1955 as the Hume Co-Operative Building & Investment Society. After several name changes, the society settled on the name Hume Bank in 2014.
Hume Bank has been a part of the Albury-Wodonga region for over 60 years, and the bank’s branch and ATM operation remain in the area. Currently, Hume Bank employs over 150 staff and serves over 58,000 customers.
The Hume Bank Clear Visa credit card has a high credit limit and a moderate late payment fee. The card charges a low annual fee, but this fee is waived when the card holder reaches a certain annual spend threshold. This card has moderate interest rates and a moderate number of interest-free days. Customers are permitted additional card holders (age 16 and older) at no extra cost.
The Hume Bank Clear Visa credit card has an associated rewards scheme that allows customers to earn loyalty points, which can then be redeemed for cash rewards. The card earns at a rate of 1 loyalty point for every $1 spent. The value of loyalty points is $1 for every 400 points.
The Hume Bank Clear Visa credit card is protected with Verified by Visa, which provides extra safety for online purchases.
- Free additional cardholders
- Earns loyalty points
- High credit limit
- No complimentary insurance
- No frequent flyer points
- Annual fee may be charged
Who is it good for?
The Hume Bank Clear Visa credit card may be suitable for consumers who want to engage in a rewards scheme, but don’t want to pay high rates and fees. This card may also suit those who spend regularly on their card, as this will allow card holders to make the most of the rewards program. This card may also suit those who want credit card rewards, but have no use for frequent flyer miles or merchandise.
The Hume Bank Clear Visa credit card is not a particularly good fit for budget card holders. While this card charges only moderate interest rates, customers who struggle to pay their credit card debt can find cards with lower interest rates and a longer interest-free period.
This card may not be ideal for customers who want a card for use overseas.
What RateCity says
The Hume Bank Clear Visa credit card charges moderate interest rates and waives its annual fee when the customer spends above a certain threshold. However, the benefits this card provides for both budget customers and reward-seekers are few.
The Hume Bank Clear Visa card does not offer a discounted introductory interest rate, nor does it offer any special deal on balance transfers. While the card’s standard interest rates are not high, budget card holders can find cards with lower interest rates and beneficial balance transfer offers, which would help them better manage their spending.
Although the Hume Bank Clear visa card has an associated rewards scheme, it doesn’t offer rewards-seekers a lot of choice. Loyalty points can only be redeemed for cash rewards, and card holders must reach 400 loyalty points to receive $1 in rewards.
To be eligible for the Hume Bank Clear Visa credit card, you must be at least 18 years old. You must be either an Australian citizen or an Australian permanent resident. Applicants can apply online in just 15 minutes through a secure online portal. You can save your online application to complete at a later time. When applying, you’ll need to provide photo ID, such as an Australian driver’s licence or passport, as well as details of your income.
About Hume Bank
Hume Bank is an Australian customer-owned financial institution headquartered in Albury, New South Wales. In 1955, Hume Bank was established as the Hume Co-operative Building & Investment Society Ltd., changing its name several times before becoming Hume Bank in 2014. Hume Bank has grown to employ over 150 staff and serve over 58,000 customers. Their financial offering includes both personal and business banking solutions, such as bank accounts and credit cards.
The numbers on your credit card actually follow a universal standard which is used to identify specific functions. Each credit card has a different amount of numbers: Visa and Mastercard have 16, American Express has 15 and Diner’s Club has 14. The first number on a credit card always identifies what type of credit card it is. Visa cards start with a 4, whereas Mastercard starts with a 5 and American Express with a 3. The remainder of the digits represent the account number, including the last number which is used to verify that your credit card is actually valid. Credit cards also have additional verification numbers, which are mainly used when the card isn’t present for phone and online purchases. These are the three-digit numbers on the back of Visa and MasterCard or the four-digit numbers on the front of an American Express card.
Looking to get your first credit card? You might be confused as to exactly where to go to apply for one. Here’s where to go when you are ready to put in that application.
The bank: Your bank is a great place to start, provided that you have a good banking history. Since you already have a financial history, you have more chance of your application being approved.
Credit card provider: Another option is to apply for a credit card directly from the issuer, such as Visa, Mastercard or Amex. This will most likely be an online application, so do your research and apply for a suitable card for your circumstances.
Major retailers: Coles, Woolworths, Myer and David Jones all have credit cards available. But watch out for the interest rate and annual fees – these cards are designed to help you spend more in store.