Exclusive discounts and offers for new police

Join 16,000 other Victoria Police at the bank founded by Police for Police

When you take out a home loan with us

Cost of living bonus.

You could be eligible for the cost of living bonus $250 every month for 6 months* plus an extra $100 per month for police when you take out a home loan with us between 1 March and 30 April 2024.

* Terms and conditions apply.
ENQUIRE NOW

Exclusive Police Recruits offers

Benefits

Enjoy these exclusive offers

  • discount online

    0% interest rates on first 12 months

    Enjoy 12 months interest free on purchases and balance transfer with our Low Rate Visa credit card.¹

  • Car or personal loan

    2% reduction on car loan standard rate

    Thinking of buying a new car? Exclusive discounts available on our car loan.²

  • Qantas Points

    2% reduction on personal loan standard rate

    Thinking of buying a going on a holiday? Exclusive discounts available on our personal loan.³

Home Loan Offers for Police

Special Police rate on Home Loans.

Get low rates on Home Loans.
Learn more

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Police Recruits Offers

Terms and Conditions

Please read these important Terms & Conditions relating to our Police Recruits Offers.

  • ¹​Low Rate Visa Offer - Introductory rate offer 0% pa on Balance Transfer and retail purchases on your first 12 months

    Eligibility is limited to current police employees who commence their application within their first 12 months of employment. You must submit a recent payslip that reflects your employment with the police. The introductory rate is applicable to balance transfers and purchases for the first 12 months of card issuance of your new Low Rate Visa credit card. After the 12-month period, any unpaid balance transfers and purchases will then attract the card’s ongoing interest rate applicable at the time. Interest rates are subject to change and available on our website. Balance transfers are limited to two credit cards per Visa credit card account and exclude transfers from other BankVic credit cards. This offer is not available when closing/transferring from another BankVic credit card account or in conjunction with any other BankVic card offer. BankVic may vary or end this offer at any time without notice. The Target Market Determination is available at bankvic.com.au. 

  • ²Car Loan Offer: Eligibility is limited to current police employees who commence their application within their first 12 months of employment and have requested this offer. You must submit a recent payslip that reflects your employment with the police. All BankVic car loans are secured by a goods security agreement. This offer is not available when closing/ transferring from another BankVic car loan. BankVic may vary or end this offer at any time without notice. The Target Market Determination is available at bankvic.com.au.

    ³Personal Loan Offer: Eligibility is limited to current police employees who commence their application within their first 12 months of employment and have requested this offer. You must submit a recent payslip that reflects your employment with the police. This offer is not available when closing/ transferring from another BankVic personal loan. BankVic may vary or end this offer at any time without notice. The Target Market Determination is available at bankvic.com.au.

    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.

Fees

Read about our fees

  • DEBIT CARD FEES
    Fee Types
    Fees
    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
    LOW RATE VISA AND GOLD VISA FEES
    Fee Types
    Fees
    Gold Visa annual fee
    $40
    Late payment fee
    $15
    Cash advance fee (1)
    Free
    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.

    QANTAS VISA FEES
    Fee Types
    Fees
    Annual fee
    $0
    Late payment fee
    $9
    Cash advance fee (1)
    Free
    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.

    CAR & PERSONAL LOAN FEES
    Fee Types
    Fees
    Setup fee
    $90
    Goods security agreement
    $20 per security
    PAYMENT FEES
    Fee Types
    Fees
    Dishonour for insufficient funds for external transfers
    $9 after 3 attempts
    BankVic dishonour charge
    $9
    Direct debit stopped payment
    $19
    Personal cheque book (25 pages)
    $10
    BANK DRAFT FEES
    Fee Types
    Fees
    Foreign currency bank draft
    $15 per transaction
    Reissue
    $10
    Cancellation
    $40
    OTHER FEES
    Fee Types
    Fees
    Express post fee
    $7.50
    Transaction archive search fee
    Up to $10
    Miscellaneous fee (1)
    $50 per transaction and $15 per quarter hour
    Additional or reprint statement fee
    Free
    List of transactions via branch or contact centre
    $2 per page
    Dormant account fee (2)
    $40 per year
    Company search fee
    $25
    • (1) Fee charged for services not otherwise provided in this guide

    • (2) Dormant fee - applied where there have been no transactions in the account for at least 1 year, we have written to you but you have not given us written notice stating you wish the account to remain open.

    RECORD FEES
    Fee Types
    Fees
    Voucher archive retrieval - up to 30 days since transaction
    $6
    Voucher archive retrieval - up to 30 to 90 days since transaction
    $7.50
    Services fee on a time basis
    $15 per quarter hour
    Photocopy cost
    $2 per page
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.

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:

Campaign terms and conditions

Cost of Living Bonus

Read on to find out about our full campaign terms and conditions.

*TERMS AND CONDITIONS:

  1. This bonus offer is available on applications received between 1 March 2024 - 30 April 2024 and settled by 30 June 2024. Bonus offer terms and conditions apply. This bonus offer is for new owner-occupier and investment home purchases and refinances from other financial institutions to BankVic. BankVic membership eligibility and lending criteria applies. Fees and charges may apply. Information about our terms and conditions, interest rates, fees and charges are available at bankvic.com.au.
  2. Non police eligible members will receive a bonus of $250 and all eligible police members will receive a bonus of $350 per month for 6 months deposited into their BankVic transaction or savings accounts every third Wednesday of every month between July and December 2024. This account must be in the same name as the home loan account. For joint accounts, the bonus will be credited to a jointly held transaction or savings account otherwise, to the primary account holder. This offer is limited to one bonus per loan, regardless of the number of mortgaged properties involved in the transaction. Split and supplementary loans against one security will be eligible for one bonus only. A minimum loan amount of $200,000 and a maximum LVR of 80% is required.
  3. This offer is not compatible with any other bonus or cash back offer issued by BankVic. BankVic may vary or end this offer at any time without notice. This offer excludes refinances from another BankVic loan. Split and supplementary loans against one security will be eligible for one bonus only.
  4. Police eligibility is limited to current police employees or the Australian Federal Police.
  5. A Target Market Determination (TMD) is available at bankvic.com.au. Police Financial Services Limited ABN 33 087 651 661 - trading as BankVic | AFSL and Australian Credit Licence 240293.
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