Visa Credit Card

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Basic

Card Level
Card Level
Standard
Interest Free Days
Interest Free Days
55
Maximum credit limit
Maximum credit limit
$30,000
Minimum credit limit
Minimum credit limit
$1,000
Minimum repayment dollars
Minimum repayment dollars
$5
Minimum repayment percent
Minimum repayment percent
2.5
Number free supplementary
Number free supplementary
Annual Fee
Annual Fee
$0for 12 months then $30
Late Payment Fee
Late Payment Fee
$10
Over limit fee
Over limit fee
$15
Duplicate statement fee
Duplicate statement fee
$5
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
55
Maximum credit limit
Maximum credit limit
$30,000
Minimum credit limit
Minimum credit limit
$1,000
Minimum repayment dollars
Minimum repayment dollars
$5
Minimum repayment percent
Minimum repayment percent
2.5
Number free supplementary
Number free supplementary
Annual Fee
Annual Fee
$0for 12 months then $30
Late Payment Fee
Late Payment Fee
$10
Over limit fee
Over limit fee
$15
Duplicate statement fee
Duplicate statement fee
$5
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
10.76%
Cash advance rate
Cash advance rate
10.76%
Purchase Rate
Purchase Rate
10.76%
Cash advance rate
Cash advance rate
10.76%

Balance Transfer

Balance Transfer Rate
Balance Transfer Rate
0%for 12 months then 10.76%
Transfer Limit
Transfer Limit
95%0%p.a. for 12 months on balance transfers applies only if the card account being transferred is paid out in full and cancelled
Balance Transfer Fee
Balance Transfer Fee
$0
Balance Transfer Rate
Balance Transfer Rate
0%for 12 months then 10.76%
Transfer Limit
Transfer Limit
95%0%p.a. for 12 months on balance transfers applies only if the card account being transferred is paid out in full and cancelled
Balance Transfer Fee
Balance Transfer Fee
$0

Overseas spending

Foreign Exchange Fee
Foreign Exchange Fee
3% on Visa
Overseas charges
Overseas charges
$3.8
Estimated ATM Cost
Estimated ATM Cost
$12.8for AU $300 withdrawal
Foreign Exchange Fee
Foreign Exchange Fee
3% on Visa
Overseas charges
Overseas charges
$3.8
Estimated ATM Cost
Estimated ATM Cost
$12.8for 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 Cards

Features

The Police Bank Visa credit card has a low late payment fee and a low annual fee, which is waived in the first year. The card offers moderately low interest rates and a moderate number of interest-free days.

The Police Bank Visa credit card permits an additional card holder (age 16 or older) at no extra cost. This card does not have an associated rewards scheme and does not earn reward points or frequent flyer miles.

The Police Bank Visa credit card offers an introductory deal on balance transfers for customers who wish to transfer existing debt to a new account. The introductory deal gives card holders 12 months with 0 per cent interest on all balance transfers.

This card is eligible for Apple Pay, Samsung Pay and Android Pay.

Pros
  • 0% balance transfer offer
  • Free additional cardholder
  • Apple Pay, Samsung Pay and Android Pay
Cons
  • Charges an annual fee
  • No rewards scheme
  • No complimentary insurance

 

Who is it good for?

The Police Bank Visa credit card might be suitable for budget customers who wish to transfer existing debt to a new account.

This card has an introductory balance transfer deal that offers 0 per cent interest for a full 12 months. After the deal has expired, balance transfers will be charged the card’s standard interest rates. Budget card holders may also benefit from the low annual fee, which is waived in the first year.

This card may not be a good fit for those who want to capitalise on a rewards scheme. The Police Bank Visa credit card does not offer a rewards program, which means that card holders cannot earn reward points, cash back benefits or frequent flyer miles. Rewards-seeking customers should consider a card that offers rewards to suit their preferences.

What RateCity says

The Police Bank Visa card may be a sensible choice for existing Police Bank members who want to take advantage of a balance transfer deal. The Police Bank Visa credit card offers 0 per cent interest for 12 months on balance transfers, which may be particularly beneficial for budget card holders. After the introductory offer has expired, balance transfers are charged the card’s standard interest rates.

The Police Bank Visa credit card offers few benefits to customers who don’t require low rates or a balance transfer deal. Customers cannot earn rewards with this card, nor do they have access to complimentary insurances. Card holders who wish to be compensated for their spending might prefer a card with a rewards scheme, while customers who want a card that eliminates unnecessary fees might prefer a no-annual-fee credit card.

Applying/eligibility

To be eligible for the Police Bank Visa credit card, you must be a member of Police Bank. You must also be at least 18 years old, be an Australian citizen or Australian permanent resident and have a good credit rating. When completing the online application, you will need to provide a form of photo ID, such as a passport. You may also need to submit employment information as well as financial details, such as current assets and liabilities.

About Police Bank

Police Bank is a mutual financial institution that serves the wider police community. Police Bank, then called NSW Police Credit Union, was created in the early 1960s when a group of officers from the Clarence Street Police Station wanted to form an organisation that would benefit all officers. Police Bank began with only 60 members, but has grown to be one of the biggest mutuals in Australia, offering a range of banking solutions including bank accounts, home loans and insurance.

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