Australian Military Bank Credit Cards

You will need to activate your card when it arrives before you can use it. You can do this on the website through the application process, by calling the number on the back of the card, or with the mobile banking app.

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You can manage your Australian Military Bank credit card using online banking or their mobile app. You will need a registered member number and an access code.

Use online banking or mobile banking to do things like activate your card, view your recent transaction history, view your balance, and more.

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When interest is charged

Interest is charged when you carry a balance on your Australian Military Bank credit card, unless you repay the full balance within the specified period. The amount of interest that you’re charged depends on:

• The interest rate on your credit card
• The amount you spent and when you spent it
• When you pay your credit card bill

The cash advance interest rate is charged on cash advances from the date of withdrawal. Any balance transfer amount will be charged the balance transfer rate until the promotional period ends, at which point the amount will be charged the applicable interest rate.

When interest is not charged

Up to 55 interest-free days apply to Australian Military Bank’s Low Rate Visa card, and these interest-free days apply when you have paid the balance in full for the previous month as well as the current month’s statement.

Interest is not charged on interest-free days. Interest-free days refer to the time from when you buy something with your card to when interest is applied. To make the most of these interest-free days, cardholders can make a purchase the day a new payment period begins and pay it off as soon as possible before the due date comes. For more information, read this article:

Your credit limit on an Australian Military Bank credit card will be determined by the information you provided during your application; it is the amount you have been approved to spend on your credit card. You can apply to have your credit limit changed by calling Australian Military Bank on 1300 13 23 28.

Find out more about how credit limits are determined here.

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You can close your Australian Military Bank credit card at any time by contacting them on 1300 13 23 28. Your card balance will need to be repaid in full even after the card is closed, and you will continue to receive monthly statements until your card balance is fully repaid.

If you are experiencing financial hardship, contact the Australian Military Bank Hardship Assistance team on 1800 855 810 to get help in making repayments.

If you’re cancelling your credit card because you aren’t happy with it, then consider checking out what else is on the market by clicking the button below to compare credit cards using the Canstar website:

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Australian Military Bank – formerly known as the Australian Defence Credit Union (ADCU) and other names over the years – was founded as the Navy Co-op Ltd in 1959. It aims to help Australian Defence personnel and their families make the most of their money, but it is also open to the general public to join.

Since its inception, Australian Military Bank has grown to have over 50,000 members, with over $1.1 billion in funds under management, more than 30 physical branches across Australia, and 3,400 ATMs.

As well as offering value in home loans, car loans, and savings accounts, Australian Military Bank’s Low Rate Visa credit card has a history of winning industry recognition. Its accomplishments include being awarded a 5-star rating for outstanding value from Canstar in 2016 and 2014.

Australian Military Bank is active in the Defence Force community, offering jobs in banking to members of the local Defence community, and having branches in major Defence bases across Australia.

It gives approximately $200,000 a year in sponsorships and donations to initiatives including:

• The Long Ride
• The Australian Military Bank and White Ribbon Annual Charity Golf Day
• Yungaburra Soldier On Triathlon
• Soldier Recovery Centre, Gallipoli Barracks
• Albany Anzac Commemoration Event

To keep up-to-date with Australian Military Bank, Like them on Facebook or follow them on Instagram.

Source: Australian Military Bank

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