BankVic Credit Cards

BankVic is a provider of credit cards, home loans, personal loans, bank accounts, term deposits and a variety of insurance products.

Mutual Banks in Australia - BankVic

What credit cards does BankVic offer?

If you’re considering a BankVic credit card, check out what’s available below in our comparison table below. This table is based on a monthly spend of $2,000 and is sorted by our star ratings (highest-lowest).

More information about BankVic credit cards

We have summarised below some of the key features of various BankVic credit cards, according to the information available on its website at the time of writing.

BankVic has two different credit cards available for you to choose from:

  1. BankVic Visa Silver
  2. BankVic Visa Gold

A third credit card, BankVic Qantas Visa, is available but is currently only available to TPAV members.

BankVic Visa Silver


  • Card type: Visa
  • Minimum credit limit: $1,000
  • Maximum credit limit: $10,000
  • Interest-free days: Up to 44 days interest-free
  • Contactless payments: Contactless payments enabled for purchases under $100 via Visa pay wave. can also tap and pay with Apple Pay and Google Pay.
  • Online: 24/7 online and telephone banking
  • Security: Secure online shopping via Verified by Visa, and fraud monitoring for unusual or suspicious activity

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BankVic Visa Gold


  • Card type: Visa
  • Minimum credit limit: $5,000
  • Maximum credit limit: $30,000
  • Interest-free days: Up to 55 days interest-free
  • Contactless payments: Contactless payments enabled for purchases under $100 via Visa pay wave
  • Rewards program: Earn cashback rewards for money spent using the card
  • Insurance: Complimentary international travel insurance
  • Online: 24/7 online and telephone banking
  • Security: Secure online shopping via Verified by Visa, and fraud monitoring for unusual or suspicious activity

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BankVic credit card FAQs

To apply for any of BankVic’s credit cards, you must be able to satisfy the following criteria:

  • You must be an Australian resident
  • You must be over 18 years of age
  • You must not have declared bankruptcy or insolvency or had defaults on any loans, credit cards, interest free finance or store cards in the last five years

If you satisfy all of the above criteria, you can apply for a BankVic credit card online, over the phone , or by visiting a BankVic branch in person. BankVic states approved card applicants generally receive confirmation of approval within 24 hours, and the new card should arrive within 5-7 work days.

According to the BankVic website, you should have the following details handy when making an application:

  • Two payslips
  • Three bank statements
  • Your most recent statement for existing credit card or personal loans held 

You’ll need to activate the card before you can start using it. BankVic states you can activate your card over the phone, or you can follow the prompts in online banking. 

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You can manage your BankVic credit card through online banking or by using the mobile banking app. By using BankVic’s online banking service, you can access statements of your savings, transaction details, and view all of your accounts to see how much you owe.

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When interest is charged

Interest is charged on purchases when you carry a balance on your BankVic credit card. Interest is charged on cash advances from the date of withdrawal. Fees and charges may apply, contact BankVic or visit the BankVic website for more details.

When interest is not charged

Depending on which card you go for, up to 55 interest-free days apply to BankVic credit card purchases. Interest-free days only apply if you have paid the balance in full for the previous month’s statement and for the current month’s statement.


Your credit limit for a BankVic credit card will be determined based on the information you provide in your application, keeping in mind the minimum and maximum credit limits available for each card.

If you wish to increase or decrease the credit limit on your card, you can submit a request at any time over the phone, at a Bankvic branch or by completing the relevant form.

You can close your BankVic credit card account at any time by sending a written request to BankVic. 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’re cancelling your credit card with BankVic because you’re struggling financially, contact the financial hardship team to find a potential solution.

If you’re cancelling your credit card because you aren’t happy with it, then consider your other options when it comes to credit cards. 

Compare Credit Cards with Canstar

BankVic is a Victorian-based financial institution which began back in 1974. Initially providing financial products to members of the Victorian Police Force and their families, it has since extended into the health, emergency, and public services sectors. Now with $2 billion in assets, BankVic serves over 100,000 members.  

If you’re comparing credit cards, the table below displays a snapshot of the low interest credit cards currently available on Canstar’s database for Australian’s looking to spend around $2,000 per month. Please note that this table features links direct to the providers website, and is sorted by Star Rating (highest to lowest). Use Canstar’s credit card comparison selector to view a wider range of credit cards..

Written by: William Jolly | Last updated: October 29, 2019