Bank of South Australia Vertigo Mastercard – Details and Application

The Bank of South Australia’s Vertigo MasterCard is the Winner of Money Magazine’s Best Balance Transfer Credit Card 2009.
The ideal credit card for Australian’s who love shopping with a low rate on purchases.

• A low rate on purchases of 11.49% p.a
• 2.99% p.a. balance transfer rate for up to 6 months
• Awarded Australia’s cheapest credit card Money Magazine 2008.
• Up to 55 interest free days on purchases*
• Low $55 annual fee
• An additional card for a friend or family member, with all transactions on one statement
• Linked access to your other BankSA accounts, for the ease of one card banking
• Instant discounts with BankSA Instant Benefits

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Credit Card Review

The recent release of the Bank of South Australia’s Vertigo Low rate Credit Card offers a solid development in the credit card market. The card has a number of strengths and its users have been pressed to find any major faults in the product.

The basic interest rate is generous at 11.49% and the card has been awarded Australia’s cheapest credit card award by Money magazine. The annual fee, at $55 is also fair. The interest free period of 55 days is also selling point of the card. There is also a system of linked access to other BankSA accounts and a discount incentive system with other BankSA products.
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Customers reviewing the card have always stated that the card is very functional and have been impressed by its major selling features. In addition to this, the customer service which accompanies the card also often gets a wrap. The card activation, internet and phone service are all quick convenient and user-friendly. Overall, this card is a great product!
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BankSA Vertigo Mastercard Benefits

• Find it difficult to pay off your high interest credit cards in full each month. This lower interest will save you money. You’ll need to account for the $55 annual fee, so check to see if your current card has an annual fee of $55 or more. If so, you’ll be saving money. If not, consider how much interest you’re paying each year.

Terms and Conditions

*Interest rates quoted current as at 13/03/2009 and subject to change. 55 days interest free on purchases only on accounts paid in full by the due date. Interest free period does not apply to cash advances (cash advances are 19.99% p.a on Vertigo MasterCard), or any purchases while an amount that has been debited as a result of a balance transfer remains unpaid. All applications for credit are subject to the Bank’s prevailing credit criteria. Fees, charges, terms and conditions apply and full details are available upon request.
** If your application for credit is approved, the special balance transfer rate period commences on the date the account is opened. The special Balance Transfer interest rate period ends 6 months later, regardless of when any balance transfer request is processed by us. On the date the special balance transfer rate period ends the interest rate on the outstanding transferred balances reverts to the standard variable rate applying to purchases. Any interest free period for purchases does not apply while an amount that has been debited as a result of a balance transfer remains unpaid. Balance Transfers will not be accepted from personal loan, overdraft, business or St.George Group or international credit card accounts. St.George Bank Limited ABN 92 055 513 070 AFS License No. 240997.
***Awarded Australia’s Cheapest Balance Transfer Credit Card by Money Magazine 2009

St.George Bank Limited ABN 92 055 513 070 AFS License No. 240997.

Important Note: If you are a non-South Australian resident, The St.George Bank offers the exact same offer – St.George Vertigo MasterCard

Related posts:

1. Bank of South Australia Platinum Card – Details and Application
2. Bank of South Australia No Annual Fee Card – Details and Application
3. Bank of South Australia Gold Low Rate Card – Details and Application
4. What St.George Bank Has To Say About The Vertigo MasterCard
5. St.George Vertigo MasterCard – Among The Best Credit Cards In Australia
6. How To Do a St.George Vertigo MasterCard Application
7. St.George Vertigo MasterCard Application Guide

Editor's Choice: Our Top Credit Cards

Credit Card	Card Details	Interest Rate (p.a.)	Cash Advance Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Interest free days (up to)
St George Vertigo	Editor's Choice: Low Interest Low 2.99% for 6 months (reverts to 11.99%) p.a. interest rate and balance transfer rate, from one of Australia's most respected banks.	2.99% for 6 months (reverts to 11.99%)	20.74%	2.99% for 6 months	$55	55
Coles Group Source MasterCard	The Coles Group Source MasterCard has no annual fee, a 0% p.a. balance transfer offer for 6 months, with a rewards program including savings on fuel and FlyBuys Points	19.74%	21.99%	0% for 6 months	$0	62
Bankwest Zero Platinum MasterCard	Editor's Choice: No Annual Fee Excellent introductory offer with a $0 annual fee for the life of the credit card and a 1.99% p.a. for 9 months on balance transfers	16.99%	16.99%	1.99% for 9 months	$0	55