Police Bank are proud to confirm that our Credit Card rate is still cheaper than the Big 4

How much lower is our Credit Card Rate?

Following on from the ANZ decision to reduce their Low Rate Credit Card interest rates by 2.00% p.a., Police Bank are proud to confirm that our Credit Card rate is still 10.76% p.a. and has been since June 2015, offering greater value to our Members in the process. In addition to having a lower rate, the Police Bank Visa Credit Card has a lower annual fee1 (which is waived for the first year) and a Balance Transfer rate of 0% p.a. for the first 12 months*, which is considerably less then the 21.74% p.a. regular balance transfer rate offered through the ANZ Low Rate Credit Card.  Our credit card is also lower than the low rate cards from the other big banks.

The Police Bank Visa Credit Card has also won 5 awards over the past 3 years for its fantastic value to Members:

  • 2016 Canstar – Outstanding Value – Low Rate Credit Card
  • 2016 Mozo Expert’s Choice – Best Value Transfer Credit Card
  • 2015 Mozo Expert’s Choice – Low Rate Credit Card
  • 2015 Canstar – Outstanding Value – Credit Card
  • 2014 Mozo Expert’s Choice – Best Low Rate Credit Card

Police Bank strives to provide superior service and value to its Members and are proud to offer products with better better value than the big 4.

Start enjoying the benefits of our multi-award winning Visa Credit Card today!


This information is current as at 20 February 2017. Interest rates and annual fees are verified by each Financial Institution. All interest rates and fees quoted in the table are subject to change. Police Bank recommends Members seek independent verification.* Terms and conditions apply and are available on our website. Fees and charges and lending criteria apply. 0% p.a. is applied to the Police Bank Visa Credit Card only if the card account being transferred is paid out in full and cancelled. Minimum balance transfer per card is $500.00. We reserve the right to withdraw this offer at any time. Interest rate on remaining balance will revert to our standard variable Visa Card rate, currently 10.76% p.a. Not available in conjunction with any other offer.1 Normally $30. This offer can be withdrawn at any time without notice.