- Last updated on 02 Apr 2020
ING Orange One
specialNo Annual Fee. No international transaction fees for shopping online and overseas when you deposit $1000+ each month to your ING account and complete more than 5 card purchases
Join the thousands choosing the low rate, no annual fee credit card. T&C's Apply
Balance Transfer Rate
Max Free Days
- Free supplementary cards
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
3% on Visa
Estimated ATM Cost
for AU $300 withdrawal
Australia Citizen, Permanent Resident
- FREE SUPPLEMENTARY CARDS
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P&N Bank is a locally-owned and -managed bank based in Western Australia, operating under a customer-owned model. P&N Bank began in 1969 as the Western Australian Police Union Cooperative Credit Union Society Limited. In 1972, the WA Nurses Credit Society Limited was established. The merger of these societies and others gave way to the establishment of P&N Bank, which was officially named in 2013.
Customers can contact P&N Bank over the phone, online or within a bank branch.
The P&N Bank Classic Visa credit card has a moderately low interest rate on both purchases and balance transfers, accompanied by a moderate number of interest-free days. The card charges a moderately low annual fee, which is not waived in the first year. This card also charges a low late payment fee.
The P&N Bank Classic Visa card does not have an associated rewards scheme, which means that card holders cannot earn rewards points or frequent flyer miles.
This card takes several security precautions to protect against fraudulent and unauthorised card transactions. Verified by Visa helps customers make safe online purchases, while Visa Zero Liability ensures that card holders are not held responsible for fraudulent purchases.
The P&N Bank Classic Visa credit card is enabled with Visa payWave for quick and convenient payments under $100.
- Low late payment fee
- Protected by Visa Zero Liability
- Enabled with Visa payWave
- Charges an annual fee
- No rewards scheme
- No frequent flyer points
Who is it good for?
The P&N Bank Classic Visa credit card may be a practical choice for current P&N Bank customers in search of a no-fuss card with relatively low rates and fees. This card charges a moderately low interest rate, which applies to both purchases and balance transfers. The card has a moderately low annual fee, but this fee is not waived in the first year.
With its moderately low interest rates, the P&N Bank Classic Visa card may be suitable for those that struggle to clear their credit card debt each month. The card charges a low late payment fee, which may be helpful for budget card holders.
This credit card is not well suited to customers who want to be rewarded for their spending. The card does not have an associated rewards scheme, which means card holders do not earn any points, cash back benefits or frequent flyer miles.
What RateCity says
While the P&N Bank Classic Visa credit card may be a reasonable card for current P&N Bank customers, it offers few advantages to budget customers and rewards-seeking customers.
This card charges a relatively low interest rate and offers a moderate number of interest-free days. The moderately low interest rate applies to purchases as well as balance transfers, but customers who wish to transfer their debt can find cards with an introductory balance transfer deal. These deals may include 0 per cent interest for a number of months.
The P&N Bank Classic Visa credit card does not offer a rewards scheme, which may deter rewards-seeking card holders. Customers in search of spending compensation should consider the type of rewards that suit them and apply for a card that fits their preferences.
To be eligible for the P&N Bank Classic Visa credit card, you must become a member of P&N Bank with a one-off fee. You must also be at least 18 years old and have an Australian mailing and residential address. When completing the secure online application, you’ll need to provide income details, employer contact details, and details of your assets and liabilities. Applicants can apply online, over the phone or in person at a P&N Bank branch.
About P&N Bank
P&N Bank is Western Australia’s largest customer-owned bank. Headquartered in Perth, P&N Bank has been serving Australians for almost three decades. P&N Bank offers a range of personal and business banking solutions including credit cards, insurance, financial planning, bank accounts, term deposits, home loans and personal loans. Customers can contact P&N Bank on their web chat service, through an online enquiry or over the phone. Customers can find P&N Bank branches across the country.
Yes, as credit card providers look at your annual income amount as well as your occupation. Minimum income requirements tend to be between $30,000 – $40,000 for standard and rewards credit cards, however low income credit cards can have minimum income requirements as low as $15,000 per year.
You can apply for a credit card online, over the phone or in person at the bank. Once you’ve compared the current credit card offers, the application process is quick and easy. Before you get your application started, you’ll need to gather your personal information like proof of ID, payslips and bank statements, proof of employment and details of your income, assets and liabilities. To be eligible for a credit card, you’ll need to be an Australian citizen over 18 and earn a minimum of $15,000 each year. Once you’ve applied for a credit card, you should get a response fairly instantly. If your credit card application has been approved, you should receive a welcome pack with your new credit card within 10-15 days.
A credit card can be an easy way to make purchases online, in person or over the phone. When used properly, a credit card can even help you manage your cash flow. But before applying for a credit card, it’s good to know how they work. A credit card is essentially a personal line of credit which lets you buy things and pay for them later. As a card holder, you’ll be given a credit limit and (potentially) charged interest on the money the bank lends you. At the end of each billing period, the bank will send you a statement which shows your outstanding balance and the minimum amount you need to pay back. If you don’t pay back the full balance amount, the bank will begin charging you interest.
Think of credit cards as a short-term loan where you use the bank’s money to buy something up front and then pay for it later. Unlike a debit card which uses your own money to pay, a credit card essentially borrows the bank’s money to fund the purchase. When you apply for a credit card, the bank assesses your income and assigns you a credit limit based on what you can afford to pay back. At the end of each billing cycle, which is usually monthly, the bank will send you a statement showing the minimum amount you have to pay back, including any interest payable on the balance.
Credit cards are a quick and convenient way to pay for items in store, online or over the phone. You can use a credit card as a cashless way to pay for goods or services, both locally and overseas. You can also use a credit card to make a cash advance, which gives you the flexibility to withdraw cash from your credit card account. Because a credit card uses the bank’s funds instead of your own, you will be charged interest on the money you spend – unless you pay off the entire debt within the interest-free period. If you pay the minimum monthly repayment, you will be charged interest. There are many different credit card options on the market, all offering different interest rates and reward options.
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.
It’s important to cancel your old cards to avoid any additional fees. Unless you’re doing a balance transfer, you’ll need to pay the outstanding balance before you cancel your credit card. If you’ve opted for a card with reward points, make sure you redeem or transfer the points before you close your account. To avoid any bounced payments and save yourself an admin headache, redirect all your direct debits to a new card or account. Once you’ve done all the preparation, call your bank or credit card provider to get the cancellation underway. Once you receive a confirmation letter, destroy your card and make sure the numbers aren’t legible.
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.
A credit card is a payment method which lets you pay for goods and services without using your own money. It’s essentially a short-term loan which lets you borrow the bank’s money to pay for things which you can pay back – potentially with interest – at a later date. Credit cards can also be used to withdraw money from an ATM, which is known as a cash advance. Because you’re borrowing money from a bank, credit cards charge you interest on the money you use (unless you repay the entire debt during the interest-free period). When you apply for a credit card, the bank gives you a credit limit which sets the maximum amount you can borrow using your card. Credit cards are one of the most popular methods of payments and can be a convenient way of paying for goods and services in store, online and all around the globe.