First Option Bank
First Option Bank

Low Rate Visa Credit Card

Purchase Rate
9.99% p.a.
Cash Advance Rate
17.99% p.a.
Interest Free
Up to 45 days
Annual Fee
Balance Transfer Rate
9.99% p.a.
  • - Up to 45 days interest free on purchases
  • - No application fee
  • - Low interest rate
  • - Low annual fee
  • - No fee for additional cardholders
  • - Serviced by our team in Australia

Key Features
Rewards Program
Joining Fee
Annual Fee
Insurance Cover
for Purchases
Overseas ATM
Automatic Travel

Fee & Repayments

Annual Fee $48.00
Annual Fee First Year $48.00
Rewards Joining Fee -
Supplementary Card Fee $0.00
Minimum Repayment Greater of 3% or $25.00
Interest Charged From PurchaseDate
Late Payment Fee $0.00

Other Charges

Duplicate Statement Fee $2.00
Overseas ATM Balance Fee $3.50
Transaction Verification Fee $30.00
Overseas ATM Withdrawal Fee $0.00
Over Limit Fee $15.00
Overseas Emergency Card Replacement Fee $175.00
Terms & Conditions
* New accounts opened from 1 November 2019. This product is provided by First Option Bank Ltd ABN 95 087 650 735, Australian Credit Licence 236 509. Terms, conditions, fees and charges apply. Standard lending criteria apply.

* For cards with reward programs that allow you to earn points, unless otherwise noted, the best case scenario of everyday spending is used when calculating the spend required to earn a reward. Everyday spending does not include bonus points that may be earned by shopping with loyalty partners. For rewards programs that have monthly caps, we assume you stay under that cap and for products with two cards, we assume spending is with the highest earning card. For programs that allow you to convert points for air travel at a price that changes from day to day, we have assumed that the flight is $300 (taxes and charges inclusive).

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