Low Rate Visa Credit Card
With a low annual fee and a low ongoing interest rate for purchases, the Low Rate Visa Credit Card is the only credit card you'll ever need. Plus, with our competitive 12-month balance transfer rate, you can also transfer your outstanding balances from other credit or store cards to Australian Military Bank for 0.00% p.a (introductory rate).
- Purchase rate
- 11.99%
- Annual fee
- $49.00
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 1 year Introductory balance transfer rate: 0.00% p.a. for 12 months | 0% | — | — |
| Purchase | 11.99% | — | — |
| Cash advance | 19.99% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Foreign Currency Conversion fee | Transaction | 2.95% of transaction |
| Overseas ATM withdrawals | Withdrawal | $4.50 |
| Foreign Cheque encashment (>AU$5000) | Event | $50.00 |
| Emergency replacement Visa card (within Australia)
Bank processing fee At cost plus $20 bank processing fee | Event | From $1.00 |
| Foreign Cash 1% of AUD value of amount purchased. Minimum order of AU$100 applies | Event | 1% of transaction |
| Copies of statements (over 12 months) at branch or posted per page | Event | $5.00 |
| Cash advance at other financial institution | Withdrawal | $4.50 |
| Default notice fee Payable when a notice is issued regarding a default under the credit card contract |
Features
- Additional cards
- Interest-free period — 45 days
- You may receive up to 45 days interest free period for purchases provided you continue to pay your closing balance in full on or before every statement due date.
- Digital banking
- Bill payment (BPAY) — BPAY
- Balance transfers
- 0.00% p.a.12 months introductory balance transfer rate.
- Card access — Visa Credit
- Digital wallet — Apple Pay, Google Pay, Samsung Pay. Garmin Pay, Fitbit Pay
Eligibility
- Minimum age — 18 years
- Residency status — Individuals must be permanently residing in Australia
- Individuals only
- Employment status — Applicants must be currently employed or receiving a regular income. Self employed clients should contact the Bank prior to applying
Constraints
- Minimum limit — $2,000.00
- Maximum limit — $50,000.00
More Information
Published by Australian Military Bank under the Consumer Data Right · Last updated 26 March 2026 · Product ID e1f63c50-20bb-457a-8fee-da684c281a0a · View on CDR.gov.au