Greater Bank Visa Credit Card
- Balance transfer rate with no balance transfer fee
- 9.95% p.a.
- Purchase rate
- 9.95% p.a.
- Annual fee
- $49 p.a.
- Interest-free on purchases
- Up to 55 days
Summary
Take advantage of a low interest rate on purchases while enjoying the savings from a bank owned by customers.
The Greater Bank Visa Credit Card can be seen as a 'greater' option in more ways than one, and is worth considering if you're looking for a credit card. The Greater Bank offers you a card with all the basic features you want without paying for the extras you don't need. You can enjoy a low interest rate on purchases and cash advances, and can also avoid paying the annual fee after the first year. Take a look at the features this card has to offer and see if it's right for you.
Pros
-
The $49 annual fee will be waived when you spend $12,000 annually after the first year
-
A low variable interest rate of 9.95% p.a. on purchases and balance transfers
-
55 days interest-free on purchases
Cons
-
No rewards program or travel insurance
Details
Product details
| Product Name | Greater Bank Visa Credit Card |
| Balance transfer rate p.a. | 9.95% |
| Purchase rate p.a. | Purchase rate p.a. 9.95% |
| Interest-free period | Up to 55 days on purchases |
| Cash advance rate p.a. | 9.95% |
| Min credit limit | $1,000 |
| Max credit limit | $25,000 |
| Card type | Visa |
Eligibility
| Available to temporary residents | No |
| Minimum income | $20,000 |
| Joint application | No |
Rewards
| Bonus points | N/A |
Fees
| Annual fee | Annual fee $49 |
| Minimum monthly repayment | 3% of the closing balance or $10, whichever is greater |
| Late payment fee | $20 |
| Foreign currency conversion fee | Foreign currency conversion fee 3% |
| Cash advance fee | $1.50 |
| Overseas cash advance fee | $4 |
Rates & fees
- Balance transfer rate. If you are bringing over an existing credit card balance, you will be charged a rate of 9.95%, as there is no promotional balance transfer offer.
- Cash advance fee. A cash advance fee of $1.50 will apply to any domestic cash advance transaction.
While the Greater Bank Visa could be a great options for those looking for a low rate, no-frills card, be sure to compare your options before deciding to apply for any credit card.
Compare low rate credit cards
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