Defence Bank - Foundation Credit Card
The Defence Bank Foundation credit card has a 3.99% p.a. interest rate on purchases, cash advances and balance transfers for 6 months. The interest rate reverts to 8.99% p.a. thereafter. There are up to 55 days interest-free on purchases.
There is an annual fee of $45, and half of this fee is donated to the Defence Bank Foundation, a charity that provides specially-trained assistance dogs to veterans living with post-traumatic stress disorder (PTSD).
'Mozo - Low Rate Credit Card 2023’ and ‘WeMoney - Outstanding Customer Service - Credit Cards'.
An introductory interest rate of 3.99% p.a. for 6 months on purchases, cash advances and balance transfers. Minimum credit score eligibility criteria. 'Mozo- Low Rate Credit Card 2023’ and ‘WeMoney - Outstanding Customer Service - Credit Card'. T&Cs apply
Annual Fee
$45 per year
Balance Transfer
3.99% for 6 months reverts to 8.99% p.a.
Purchase Rate
3.99% for 6 months reverts to 8.99% p.a.
Interest Free Period
up to 55 days
Details
Card Type
Visa
Minimum Repayment
3% or $10
per statement, whichever is greater
Interest Free Period
up to 55
days
Minimum Credit Limit
$1,000
Maximum Credit Limit
$50,000
Fees
Annual Fee
$45
per year
Late Payment Fee
$20
per statement
Additional Card Holder Fee
$0
Additional Card Holder Cap
up to 1
additional holders
Rates
Purchase Rate
3.99% for 6 months
reverts to 8.99% p.a.
Cash Advance Rate
3.99% for 6 months
reverts to 8.99% p.a.
Balance Transfer
Balance Transfer
3.99% for 6 months
reverts to 8.99% p.a.
Overseas Spending
Foreign Currency Conversion Fee
3%
per transaction
Eligibility
Minimum Age
18
years old
Perks
Complimentary Travel Insurance
No
Airport Lounge Access
No
Who is the product designed for?
This product is designed for members who:
- Are seeking a non-cash payment facility, to make purchases using a credit card to manage their cash flow needs
- Are aged 18 years or more and meet credit assessment criteria for a credit card facility
- Are seeking a lower rate of interest so that they have the option to spread repayments over more than one statement
cycle - Are seeking to have available a credit facility to meet contingencies but want to minimise costs of such a facility unless
and until it is actually used
Visit Defence Bank to view Target Market Determination Effective From: 2023-09-18.
Not sure which credit card is right for you?
Important Information
Tyrian Pty Ltd - ACN: 158 954 655
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