Find out how BankVic changes everyday banking for police, health and emergency services workers, as well as their family and friends.

Make your everyday banking easier

Everyday banking designed for police, health and emergency services workers.

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Our everyday banking products

Explore our products to support you in your everyday needs

Why BankVic

Rates and fees

Read about our rates and fees

  • Everyday Account
    Interest Rate (% PA)
    Variable Rate
    0.01%
    Low Rate Visa
    Interest Rate (% PA)
    6 month introductory rate (1)
    8.99%
    Ongoing variable rate
    13.95%
    6 month balance transfer rate (2)
    8.99%
    1. (1) Introductory rates are applicable to purchases and balance transfers for the first six months from account opening.

    2. (2) Balance transfer is limited to two credit cards per Visa credit card account and excludes transfers from other BankVic credit cards.

    BankVic Qantas Visa
    Interest Rate (% PA)
    6 month introductory rate (1)
    8.99%
    6 month balance transfer rate (2)
    8.99%
    Ongoing variable rate
    18.95%
    1. (1) Introductory rates are applicable to purchases and balance transfers for the first six months from account opening.

    2. (2) Balance transfer is limited to two credit cards per Visa credit card account and excludes transfers from other BankVic credit cards.

    Personal Loan
    Base Rate (% PA)
    Comparison Rate (% PA)
    Personal loan variable rate
    11.95%
    12.08%
    Car Loan
    Base Rate (% PA)
    Comparison Rate (% PA)
    Car loan fixed rate
    8.99%
    9.12%
  • DEBIT CARD FEES
    Fee that will be charged
    Fees
    ATM withdrawals (1)
    ATM operator fees disclosed at time of transaction
    Disputed transaction
    $25 per transaction
    Card replacement in Australia
    $10
    Card replacement overseas
    USD $175
    Emergency cash overseas
    USD $175
    International currency conversion fee
    3.65% of the AUD transaction amount
    • (1) Some ATM owners may charge a fee for using their ATMs and this fee may vary from ATM to ATM. If a fee is incurred, it will be withdrawn from your BankVic account at the time you withdraw cash.

    LOW RATE VISA AND GOLD VISA FEES
    Fee that will be charged
    Fees
    Late payment fee
    $15
    Cash advance fee (1)
    Free
    ATM withdrawals (2)
    ATM operator fees disclosed at time of transaction
    Disputed transaction
    $25 per transaction
    Card replacement in Australia
    $10
    Card replacement overseas
    USD $175
    Emergency cash overseas
    USD $175
    International currency conversion fee
    3.65% of the AUD transaction amount
    • (1) Interest rates on cash advance applies.

    • (2) Some ATM owners may charge a fee for using their ATMs and this fee may vary from ATM to ATM. If a fee is incurred, it will be withdrawn from your BankVic account at the time you withdraw cash.

    QANTAS VISA FEES
    Fee that will be charged
    Fees
    Annual fee
    $0
    Late payment fee
    $9
    Cash advance fee (1)
    Free
    ATM withdrawals (2)
    ATM operator fees disclosed at time of transaction
    Disputed transaction
    $25 per transaction
    Card replacement in Australia
    $10
    Card replacement overseas
    $0
    Emergency cash overseas
    $0
    International currency conversion fee
    2% of the AUD transaction amount
    • (1) Interest rates on cash advance applies.

    • (2) Some ATM owners may charge a fee for using their ATMs and this fee may vary from ATM to ATM. If a fee is incurred, it will be withdrawn from your BankVic account at the time you withdraw cash.

    CAR & PERSONAL LOAN FEES
    Fee that will be charged
    Fees
    Setup fee
    $90
    Goods security agreement
    $20 per security
    PAYMENT FEES
    Fee that will be charged
    Fees
    BankVic dishonour charge
    $9
    Personal cheque book (25 pages)
    $10
    OTHER FEES
    Fee that will be charged
    Fees
    Transaction archive search fee
    Up to $10
    Company search fee
    $25
    Miscellaneous fee (1)
    $50 per transaction and $15 per quarter hour
    Express post fee
    $7.50
    • (1) Fee charged for services not otherwise provided in this guide

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rate for our personal and car loan has been calculated for an amount of $30,000 over a term of 5 years.

How to avoid transaction fees

ATM fees

Some ATM owners may charge a fee for using their ATMs and this fee may vary. You can avoid this fee by only withdrawing cash from BankVic ATMs, non-fee charging ATMs or via eftpos.

Paying bills

Pay bills via BPAY or payments directly from your transaction account to avoid transaction fees. If you use your Visa credit card to pay bills, you’ll incur interest rate charges and late fees if you don’t repay the full balance of the card by the due date.

If you have direct debit arrangements with billers, check the due date on your bill and make sure you always have sufficient funds in your account to avoid being charged a direct debit dishonour fee.

Shopping

When using your Visa debit card, if you don’t need to withdraw cash when making a purchase, either:

  • use your digital wallet on your phone or watch, or
  • if using your physical debit card, either use Visa payWave OR select Credit on the eftpos terminal instead of Savings.

Repaying your credit card

Paying the balance of your Visa credit card before the due date will mean you won’t incur interest charges on the transactions or any late payment charges. Don’t forget – introductory rates and interest free periods do not apply to cash advances.

Send Payments

International Money Transfers

BankVic has partnered with Send Payments to provide you with a safe, fast and easy way to send and receive money from around the world at competitive exchange rates. To get started, you'll need to set up a Send account.
Find out more

Account Deposits, Withdrawals and Payments

Transaction Limits

  • DescriptionWithdrawal limit
    Osko - direct transfer in real time$2,000 per day

    Direct Transfer (funds will be available to payee within 3 working days)

    Payments to new payees are secured through the use of a One Time Password.  If you need to transfer an amount that exceeds the maximum daily limit, please contact us on 13 63 73.

    $10,000 per day
    Combined daily transfer limit (Osko & Direct Transfer)$12,000 per day
    BPAY$10,000 per day
    Debit and Credit Cards (Digital Wallet/PayWave/Transfer)Available funds/credit limit
    ATM and EFTPOS$1,000 per day
    In branch24 hours advance notice is required to withdraw $5,000 or more in cash
  • DescriptionDeposit limit
    Direct transfer in real time via OSKOUnlimited
    Direct transfer (available to payee within 3 working days)Unlimited
    Debit and Credit Cards ((Digital Wallet/PayWave/Transfer)Unlimited
    In branchUnlimited
    ATM or EFTPOSNot available for deposits
    Bank@Post

    Deposits of up to $9,999 per day in cash are accepted using a specially barcoded deposit book available from BankVic (a maximum of $20.00 in loose coin will be accepted). Bank@Post will not accept a deposit of $10,000 or more.

Ways to apply

Ways to apply for our banking products

Terms and conditions

Important things you should know

Information on this page is general in nature and does not take into account your personal circumstances. You should consider whether it is appropriate for you before acquiring the product or service.

Fees and charges may apply. Interest rates are variable and subject to change. Information on our terms & conditions, interest rates and fees & charges are available on request.

We recommend that you read the following documents: