St. George Vertigo MasterCard – 2.99% balance transfer offer & 12.49% on purchases
Posted May 3rd, 2008
and last modified July 23rd, 2010
The St.George Vertigo MasterCard is the “Winner of Money Magazine’s Best Balance Transfer Credit Card 2009“.
| Balance Transfer Rate |  |
2.99% p.a. for |
|---|---|---|
| Interest Rate | |
12.49% p.a. |
| Annual Fee | |
$55 |
| Interest Free Period | |
up to 55 days |
| Cash Advance Rate | |
21.24% p.a. |
| Card Type | |
Standard |
| Credit Card Type | |
Visa |
| Rewards Program | |
No |
The ideal credit card for Australian’s who love shopping with a low rate on purchases.
- Awarded Australia’s cheapest Balance Transfer Credit Card in 2009 by Money Magazine.
- 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 St.George accounts, for the ease of one card banking
- Instant discounts with St.George Instant Benefits
Click here to read the official terms and conditions
-
St. George Vertigo MasterCard Credit Card Review
The recent release of the St George 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 12.49% p.a. 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 the selling point of the card – make all your repayments on time in the 55 day period, and you’ve only paid $55 for the whole year.
There is also a system of linked access to other St George accounts and a discount incentive system with other St George products.
-
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.
St.George are really standing out with this offer in the Australian credit card market. You can too.
Take note that a good credit history and rating are required for balance transfer and application approval for the St George Vertigo.
-
St.George 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 in the long term. Make sure to take the $55 annual fee into account as well.
- Even if you find it easy to pay off your balance quickly, you still benefit via paying no interest and earning linked St.George Instant Benefits and various discounts.
- Bundle your credit card, store card and loan balances and transfer them over to a new Vertigo and repay
2.99% p.a. for 6 months on the balance.
Terms and Conditions
*Interest rates quoted are 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 21.24% 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.
-
Click here to read the official terms and conditions
Related posts:
- St. George Vertigo MasterCard – 2.99% Balance Transfer Offer & Low Ongoing Rate On Purchases
- Master Your Finances With A st. George Vertigo MasterCard Balance Transfer
- St.George Vertigo MasterCard Special Offer – 2.99% On Balance Transfers & A Low Ongoing Purchase Rate
- What St.George Bank Has To Say About The Vertigo MasterCard
- St.George Vertigo MasterCard: A High Awards Achiever
- How To Do a St.George Vertigo MasterCard Application
- St. George Vertigo MasterCard Review
Show Comments
Show Comment Form
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) | |
|---|---|---|---|---|---|---|---|
 HSBC Credit Card |  Editor's Choice:0% for 6 months Balance Transfer & No Annual Fee Featuring a $0 annual fee for life, and 0% p.a. balance transfer for 6 months, the HSBC Credit Card was voted the Best Transactor Credit Card for 2010. | 16.99% | 20.75% | 0% for 6 months | $0 | 55 |   |
 Suncorp Clear Options Standard Visa Card | A great 12 month balance transfer offer, combined with a low annual fee and a good interest rate on purchases. | 12.24% | 17.99% | 1.9% for 12 months | $39 | 0 | |
September 30th, 2008 at 4:46 pm
dear customer service
i would like to know what is the interest rate applicable to outstanding balance after the 0% introductory period (ie 6 month)?
a real example:
i have a credit of A$ 30,500 with bank A. i apply for balance transfer of A$ 23,000 (from that bank to your bank), and currently i am paying bank A, a minimum payable repayment, do i have some credit for purchase on the vergio credit account?
does the balance transfer affect my other credit account in bank A?
Regards and thanks for the prompt reply.
reza
September 30th, 2008 at 5:12 pm
Dear Reza,
Thanks for your question. In terms of the interest rate after the balance transfer ends this would be the standard variable rate on purchases.
Quote from St.George site: “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.”
In terms of what credit limit you would get with your new card I am not sure. You would need to speak with St.George about this.
You will actually transfer the balance from Bank A to your new card therefore your other card will have a zero balance.
December 3rd, 2009 at 3:12 pm
[...] St George Vertigo [...]
December 3rd, 2009 at 3:14 pm
[...] with a $59 annual fee and 4.99% on balance transfers up to 15 months. This is a very good rate. St George Vertigo has a standard interest rate of 11.24% and a $55 annual fee with 2.99% on balance transfer as [...]