Police Bank Visa Credit Card

Police Bank Visa Credit Card


  • $0 first-year annual fee (reverts to $30 p.a. thereafter).
  • A competitive interest rate of 10.76% p.a. on cash advances and purchases.
  • Up to 55 days interest-free on purchases.

Pros and cons


  • No annual fee for the first year.
  • Low interest on purchases and cash advances.
  • 55 interest-free days on purchases.


  • No rewards program.
  • Relatively higher cash advance fee at 3.8% p.a.
  • No introductory interest-free balance transfer offer.

Our review


Customer service

Rates and fees



The basics

  • Additional cardholders. Police Bank Visa Credit Card allows you to add one additional cardholder for free. This means you can share the account with a family member. However, the main cardholder will be responsible for managing the account and making repayments on time.
  • Digital wallets. Works with Apple Pay, Google Pay, and Samsung Pay.
  • Gambling transactions. Cannot be used to make gambling-related purchases.

Rewards and benefits

  • Complimentary travel insurance. There is no complimentary international travel insurance coverage on offer with this card.
  • Concierge services. Access to a concierge service is not available.
  • Insurances. This card comes with fraud protection, but none of the other complimentary insurances some cards offer.
  • Rewards points. This credit card does not have a rewards program.
  • Sign up bonus. Police Bank does not have a sign up bonus on offer for new card customers.

Rates and fees

  • Annual fee. This card has an annual fee of $30 p.a., which is currently waived in the first year.
  • Balance transfers. This card does not currently offer a balance transfer option.
  • Cash advances. Cash advances will be charged 10.76% p.a. with interest accruing from the day of the transaction. Cash advances made locally and overseas on this card will incur a one-off fee of 3.8%.
  • Foreign exchange fee. Shopping in a foreign currency — either online or overseas — will incur a 3% fee.
  • Interest-free period. With the Police Bank Visa Credit Card, you can enjoy up to 55 days interest-free on purchases, except cash advances. Interest-free days are only available when you have paid off your previous balance or made the minimum required payments.
  • Purchases. There is no introductory offer on purchases, so purchases made with this card that are not paid off will incur interest at 10.76% p.a. This is one of the lower rates available.

Nilooka Dissanayake

Reviewed by Nilooka Dissanayake


User reviews


Customer service

Rates and fees



A necessary evil in today's world

Reviewed by Graham

As a general rule, I hate credit cards. However, this one has helped me when in a financial pinch or an unsuspecting bill pops up. It has no rewards and a yearly fee on top of interest, so it is not recommended for those who only pay minimum amounts and like to have their card maxed out.

Low fees and low interest

Reviewed by Massimo

Police Bank have low fees and low interest, and have good products: loans, investments, super, and property.

They have good customer service, and the cards have good features and there are various of cards to to choose from.

I would recommend it to my friends and family.

Great card, great fees, but no rewards

Reviewed by James

This is a great credit card with great fees. i would recommend it to family and friends. I would definitely recommend it to anyone.

The main reason I like it is the great fees it has. It is also easy to use and convenient.

The only downside is that it has no rewards.

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