Bank First - Visa Platinum Credit Card
The Visa Platinum credit card from Bank First has an annual fee of $99 and up to 55 days interest-free on purchases. The purchase and balance transfer rate is 11.49% p.a. and the cash advance rate is 19.59% p.a..
The Platinum credit card also comes with complimentary travel insurance for international overseas trips. It also has a minimum credit limit of $6,000.
Has a purchase rate of 11.49% p.a. and balance transfer rate of 11.49% p.a..
Annual Fee
$99 per year
Balance Transfer
11.49% p.a.
Purchase Rate
11.49% p.a.
Interest Free Period
up to 55 days
Details
Card Type
Visa
Minimum Repayment
5% or $20
per statement, whichever is greater
Interest Free Period
up to 55
days
Minimum Credit Limit
$6,000
Fees
Annual Fee
$99
per year
Late Payment Fee
$20
per statement
Rates
Purchase Rate
11.49% p.a.
Cash Advance Rate
19.59% p.a.
Balance Transfer
Balance Transfer
11.49% p.a.
Overseas Spending
Foreign Currency Conversion Fee
0%
per transaction
Overseas ATM Withdrawal Fee
$2.50
per transaction
Eligibility
Minimum Age
18
years old
Perks
Complimentary Travel Insurance
Yes
Airport Lounge Access
No
Who is the product designed for?
Description of target market (including likely objectives, financial situation and needs of the consumer)
Retail clients who:
- are seeking a non-cash payment facility, to make purchases on credit and to manage their cashflow needs
- are aged 18 years or more and meet the credit assessment criteria for the product
- are seeking other features, for example, insurance and concierge services as applicable to the particular product even if that means higher interest or fees
Visit Bank First to view Target Market Determination Effective From: 2024-07-31.
