The BankSA No Annual Fee Card is a no-frills Visa card suited to people who want to save on credit card costs with a $0 annual fee. Plus, you can apply for credit limits starting from $500 up to $40,000.
BankSA No Annual Fee Card
Terms and conditions apply
- Purchase rate
- 20.99% p.a.
- Annual fee
- $0 p.a.
- Interest-free on purchases
- Up to 55 days
Our verdict
Offers an ongoing $0 annual fee with a 20.99% p.a. purchase rate.
Pros
-
$0 annual fee for the life of the card
-
Request up to 3 additional cardholders at no extra cost
-
Shopping cashbacks through ShopBack
-
Compatible with Apple Pay, Samsung Pay and Google Pay
Cons
-
Relatively high purchase interest rate of 20.99% p.a.
-
The interest rate of 21.99% p.a. on cash advances is also high
Details
Product details
| Product Name | BankSA No Annual Fee |
| Balance transfer limit | 80% of available limit |
| Purchase rate p.a. | Purchase rate p.a. 20.99% |
| Interest-free period | Up to 55 days on purchases |
| Cash advance rate p.a. | 21.99% |
| Min credit limit | $500 |
| Max credit limit | $40,000 |
| Card type | Visa |
Eligibility
| Available to temporary residents | Yes - Conditions apply |
| Joint application | No |
Rewards
| Bonus points | N/A |
Fees
| Annual fee | Annual fee $0 |
| Minimum monthly repayment | 2% of the closing balance or $10, whichever is greater |
| Late payment fee | $15 |
| Foreign currency conversion fee | Foreign currency conversion fee 3% |
| Cash advance fee | 3% |
| Overseas cash advance fee | 3% of each cash advance amount |
| Additional cardholder fee | $0 |
| Number of additional cardholders | 3 |
Your reviews
No reviews yet.
Write a review
Sally Finder
Producer
Hi there, looking for more information? Ask us a question.
You are about to post a question on finder.com.au:
- Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
- finder.com.au is a financial comparison and information service, not a bank or product provider
- We cannot provide you with personal advice or recommendations
- Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.
Angus Kidman Finder
September 19, 2024
Hi Rob, One of the requirements for the card is listed as “you have a regular, verifiable Australian taxable income”. If your sole income is your pension, you might not be eligible, but if you have other earnings, you might be. You can enquire at a branch and find out if you’re eligible. Hope this helps!
Show more Show less
Ian
April 24, 2013
can this card be over drawn by someone else like hackers if my limit is $500
Jacob Finder
April 24, 2013
Hi Ian. Technically yes. Generally you can only overdraw your account by a small amount, if at all. If you’re a victim of fraud, you can get your money back under the card scheme’s no liability policies. Thanks for your question. Jacob.
More resources on Finder
Card types
Cards from
Rob
September 19, 2024
We are pensioners and have accounts with BankSA, are we eligible to apply for BankSA No Annual Fee Card? Can I come into the bank to apply?