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.