Police Bank Credit Cards

Once you’ve completed the application process, you’ll need to activate your Police Bank credit card before you can use it. You can activate your card by calling Police Bank on 13 17 28, or you can follow the prompts in online banking. You can also visit one of their many branches in NSW.

You can manage your Police Bank credit card through the Police Bank mobile app or online banking. By using the Police Bank online banking service, you can access statements of your savings, view transaction information, view all of your accounts, and more.

When interest is charged

Interest is charged by Police bank when you carry a balance on your credit card, and this interest is calculated daily. Interest is charged on balance transfers (at the promotional transfer rate) from the date of transfer, and interest is charged on cash advances from the date of withdrawal.

When interest is not charged

Up to 55 days interest-free apply to your Police Bank credit card if you have paid the balance in full for the previous month’s statement and for the current month’s statement. For more information about interest-free days,?check out our article on how they work.

Your credit limit for a Police Bank credit card will be determined based on the information you provide in your application, within the minimum and maximum credit limits specified (see above).

You can ask Police Bank to increase your set credit limit at any time using your own discretion, and they may approve or reject this request based on their lending criteria. Find out more about how credit limits are determined here.

You can close your Police Bank credit card account at any time by posting a written request. 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. Police Bank will also request that you destroy your cards and cancel any recurring payments.

If you’re cancelling your credit card with Police Bank because you’re struggling financially, then you can contact its financial hardship team on 13 17 28 to find a potential solution.

If you’re cancelling because you are dissatisfied with your current card, consider checking out what other credit cards are on the market by comparing your options on the Canstar website:

Compare Credit Cards

Originally starting out as the NSW Police Credit Union in 1964 as NSW Police Credit Union (PCU), Police Bank is now one of the largest and most successful mutual banks in Australia.

Because they are member-owned rather than being owned by external shareholders, Police Bank returns its profits to members in the form of more competitive products and services.

Source: Police Bank

Police Bank supports the community through events such as celebrating 100 Years of Women in Policing in 2015, the NSW Rotary Police Awards 2017 for Police Officer of the Year, the Backup for Life Expo which helps ex-officers adjust to everyday life after policing, and the NSWP 2017 DVLO Domestic Violence Liaison Conference.

Police Bank even offers a charity coffee cart available for community events.

Source: Police Association of NSW