Based on the number of its branches and ATMs, BankSA is the biggest bank in South Australia. It is also a division of Westpac Banking Corporation and provides a diverse selection of credit cards, including low rate, no annual fee, rewards, and frequent flyer cards.
BankSA History
The biggest bank in South Australia is BankSA, formerly known as the Bank of South Australia, the State Bank of South Australia, and the Savings Bank of South Australia. It is a Westpac subsidiary.
A full-service bank and private financial services provider, Bank SA, originally known as The Bank of South Australia, offers personal, business, and corporate banking. It has a long autonomous history servicing largely rural clients in South Australia and Victoria margins since it was first founded as a savings deposit bank in South Australia on March 11, 1848 (BankSA, 2021).
John Hector, the company’s first employee, created the bank’s deposit book in the original premises in Gawler Place, Adelaide, when it was a one-person business (Ibid). Following its initial acquisition by Saint George Bank and subsequent merger with Westpac Banking Corporation in 2008, BankSA underwent a considerable makeover. [Reference needed]
BankSA Vertigo Credit Card
- For 32 months, balance transfers are tax-free.
- Low continuous buying rate, balance transfer cost of 1%, balance transfer 0% for 32 months.
- You don’t have to be a BankSA client to apply.
BankSA No Annual Fee Credit Card
- No annual charge, 0% on purchases.
- For the first 12 months, interest on purchases is charged at 0% p.a.
- With up to 3 additional cardholders, pay a $0 annual charge.
BankSA Business Visa Credit Card
- Low rate business card.
- Low interest rate and room for 99 more cardholders.
- $55 annually for each card.
- Purchases are interest-free for up to 55 days.
BankSA Vertigo Credit Card – Cashback Offer
- Cashback of up to $400.
- When you shop at any qualified top supermarkets with your new card, you can receive 10% cashback, up to $400.
- Free additional cardholder, up to 55 days of interest-free credit on purchases, and no annual fee for the first year ($55 thereafter).
Reward Cards
BankSA Amplify Platinum Credit Card
- Bonus Amplify Points of 90,000.
- Minimum expenditure is required; worth up to $400 in eGift cards.
- Take advantage of a balance transfer with 0% APR for 24 months and a 1% fee.
- Discounted annual charge for the first year.
- Get 1 Amplify Point for every dollar spent, without limit.
- Travel insurance for abroad.
BankSA Amplify Signature Credit Card
- Bonus Amplify Points of 150,000.
- Valued at up to $675 in eGift cards, minimum purchase required.
- Reduced yearly charge.
- Get 0% p.a. on balance transfers for 24 months (1% one-time BT fee).
- Free membership to Visa Luxury Hotels.
- Two passes to an airport lounge.
BankSA Amplify Platinum Credit Card – Qantas
- Bonus Qantas points of 60,000.
- When you spend $3,000 within 90 days on eligible purchases.
- Per $1 spent, earn 0.5 Qantas Points.
- Free international travel insurance.
BankSA Amplify Signature Credit Card – Qantas
- Bonus Qantas points worth 90,000.
- when you make qualified purchases totaling $6,000 within 90 days of the card’s acceptance.
- Get 0% p.a. on balance transfers for 24 months (1% one-time BT fee).
- Free access to two airport lounges each year.
BankSA Amplify Business Credit Card
- The first year’s annual charge is waived.
- $89 after that.
- Unrestricted points on commercial purchases.
- Complimentary insurance for businesses.
- Adding up to three cardholders is free of charge.
What advantages come with using BankSA for banking?
If you select one of these BankSA credit cards, you may anticipate the following benefits and services:
Mobile wallets
Use your compatible device to tap and pay everywhere contactless payments are accepted by connecting your BankSA credit card to Apple Pay, Samsung Pay, or Google Pay.
Totally free insurance
Several complementary insurance covers, including travel insurance, purchase insurance, and business inconvenience cover, are included with BankSA’s platinum and business credit cards. The protection offered differs amongst BankSA credit cards, so make sure to review each card’s features to learn about any freebies.
Alliance of Westpac Group ATMs
You can use any of the more than 3,000 Westpac Group ATMs in Australia, which include BankSA, Westpac, St.George, and Bank of Melbourne ATMs, for free if you have a BankSA card. The Westpac Group ATM alliance partners with organizations like Bank of America, Barclays, and Deutsche Bank to operate about 50,000 ATMs globally.
Visa benefits
Your BankSA credit card is accepted anywhere Visa is accepted. This includes countless locations both domestically and abroad. You can make contactless payments online using Visa PayWave technology, and Verified by Visa will protect your transactions. In the event that your card is used in a fraudulent transaction, Visa’s Zero Liability policy will also provide protection.
Online account management
BankSA offers its credit card customers the option to access account information through its online, mobile, and tablet banking platforms in order to keep up with technological advancements. These services allow you to plan payments, pay bills, and transfer money.
How to apply for a credit card from BankSA
You can submit an application in person, over the phone, or online at any BankSA branch. Simply fill out an online application form to submit your application, but make sure you are eligible as outlined below.
Eligibility requirements
- You are a citizen of Australia or a permanent resident of Australia.
- At least 18 years of age.
- You don’t have a history of bad credit.
Required Paperwork
- A driver’s license, Medicare card, passport, Australian birth certificate, or NSW Photo Card are acceptable forms of identification to establish your identity.
- Name and contact information for your employer
- Information about your earnings, possessions, outgoings, and obligations
- Finding a credit card that meets your needs shouldn’t be difficult because BankSA offers its customers a variety of credit card options to select from. But, keep in mind that cards offered by other credit card issuers may have comparable characteristics, so shopping around before applying will help you find the best fit.
Conclusion
In conclusion, BankSA is a reliable and reputable bank that offers a range of credit cards to suit different needs and lifestyles. From rewards and low-interest rates to balance transfers and cashback options, there is something for everyone.
In this blog, we have provided a detailed review of the bank, its history, and a comprehensive list of credit card types, along with their benefits and application process.
Whether you’re a frequent traveler, a student, or a business owner, BankSA has a credit card that can cater to your needs. So why not take the first step and apply for a BankSA credit card today to enjoy the benefits and rewards that come with it!
FAQ
Q1. How many days will I have interest-free use of a BankSA credit card?
You may save a ton on credit card interest by using your interest-free days wisely. You have 55 days to pay off the balance on a BankSA credit card before interest is applied. However, bear in mind that these 55 days begin with the start of your statement cycle and not with the date of your first transaction.
Q2. What costs could I expect to pay?
While making purchases with a BankSA credit card, there are a few definite fees you should be aware of. They consist of:
- The yearly cost (on all cards except the no annual fee option, surprisingly enough.)
- Payday loan costs
- Foreign exchange commissions
Q3. Can I transfer a balance using my BankSA credit card?
Do you have credit card debt that has to be paid off? You could only need a balance transfer offer to control your spending and pay off outstanding credit card debt.
Any BankSA credit card can be used for a balance transfer, however, be aware that various cards have different 0% interest promotional periods. This is significant because after the grace period expires, you will be subject to interest at the much higher cash advance rate on any unpaid balance.
Hence, be certain that you are aware of the deadline for paying off your transferred sum and that you have a strategy in place to repay all of your debt within the allocated period.