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BankSA No Annual Fee Credit Card

The No Annual Fee credit card from BankSA is both a good entry-level card and a worthy contender as back up source of credit that can sit in your wallet at no cost until you need it.

Introductory Offer: 0% p.a. Balance Transfer for 12 months a BT fee of 1% applies.

Offer Conditions: Apply by 26th September 2018. 0% p.a. for 12 months on balance transfers requested at card application (1% balance transfer fee applies). Rate then switches to applicable variable cash advance rate of 20.49% p.a.

The minimum credit limit of $500 is perfect for a first credit card as it will help you keep your spending in control, as you learn the habits of good financial control and budgeting.

This No Fee credit card includes a range of benefits, these include:

  • Up to 55 Interest Free Days - on purchases
  • $0 Annual fee - for the life of the card
  • 3 additional cardholders - at no extra cost
  • Pay Pass - providing the convenience of tap and go quick payments on transactions up to $100.
Credit Card Details
Provider BankSA
Prestige Level Standard
Credit Card Type Visa
Instant Approval Yes in 60 seconds
Standard Rates
Purchase Rate 20.49% p.a.
Cash Advance Rate 20.49% p.a.
Interest Charged From Purchase date
Interest Free Period Up to 55 days
Balance Transfer
Balance Transfer Rate 0%
Balance Transfer Period 12 months
Balance Transfer Fee 1%
Balance Transfer Processing Time 10 - 14 days
Max. Balance Transfer 80% of credit limit
Revert rate 20.49% p.a.
Benefits
Intro Offer 0% p.a. for 12 months on balance transfers requested at card application (1% balance transfer fee applies#). Rate then switches to applicable variable cash advance rate of 20.49% p.a.
Offer end date 26th September 2018
Rewards Program No
Rewards Points No
Acceptance Criteria
Age to Apply 18
Min. Income $14,000
Residency Australia
Temporary residents No
Min. Credit Limit $500
Joint applicants Yes
Fees & Terms
Min. Monthly Repayment $10
Annual Fee $0
Over Limit Fee $15
Duplicate Statement fee $7.50
Late Payment Fee $9
Min. Monthly Repayment % 2%
Max. Credit Limit $40000
Cash advance fee 2% of the value of the transaction with a minimum charge of $2.50
Additional card holder fee $0
Travel & Insurance
Foreign currency conversion fee 3% of transaction value
Overseas atm withdrawal fee $5
Complimentary travel insurance No

What happens when I click "Go to site"?

  • 1

    Clicking Go to site will direct you to the providers web site

  • 2

    Complete the online application on the providers web site

  • 3

    Once approved the provider will issue your new product, delivery times will vary by provider.