Bank of us Visa Credit Card

The basics

• Additional cardholders. You can add up to 2 additional cardholders for free, so you can share your account with family members. However, the account holder will be responsible for managing the account and all repayments.
• Digital wallets. This card works with Apple Pay and Google Pay.
• Gambling transactions. Gambling transactions are not allowed on the Bank of us Visa Credit Card.

Rewards and benefits

• Complimentary travel insurance. Unfortunately, there is no complimentary international travel insurance cover with this card.
• Concierge services. As a no-frills card, a concierge service is not included.
• Insurances. This card provides fraud protection and no other insurance coverage.
• Rewards points. If you want to earn rewards points, you'll need to get a different card.
• Sign up bonus. Bank of us do not offer any sign up bonus for this card.

Rates and fees

• Annual fee. The annual fee for this card is $39 per year.
• Balance transfers. There is no introductory balance transfer offer, so any balance transfers will be at the rate of 9.99% p.a. Whilst there are cheaper offers on the market, this interest rate is lower than the average ongoing rate.
• Cash advances. Bank of us Visa Credit Card offers a low cash advance rate of 9.99% p.a., with interest starting to accrue immediately from the transaction date. Bank of us will charge a fee of 5% on any cash advances made with this card, in addition to the interest rate. Although the cash advance rate is low, the one-off fee is higher than average.
• Foreign exchange fee. All purchases made overseas or online in a foreign currency will incur a 2.5% fee.
• Interest-free period. Get up to 58 days interest-free on purchases, excluding cash advances, when you pay off your account balance or make the minimum required payment by the due date.
• Purchases. There is currently no introductory offer on purchases, so any purchases that are not paid off and carried over will be charged interest at the rate of 9.99% p.a. This is a competitive ongoing rate.