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2022-04-28 10:05 am
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Platinum Rewards Visa Credit card

The full-featured credit card with Qantas Points and complimentary travel insurance. 

Changes to personal lending applications from Monday 16 August

Personal lending applications for Bank Australia customers.

Bank Australia customers can now apply for personal loans and credit through their internet banking. To apply, log in to internet banking, click the ‘apply’ tab and choose the product you’re looking for. We'll be in touch to organise your application.

Due to high demand, we’re unable to take your application by phone right now. If you need help, call our lending team on 132 888 and follow the prompts.

Not a Bank Australia customer? We’ll be able to help you soon.

Due to high volume of home loans, personal loan and credit card applications, we’re not accepting new applications from people who aren’t already a customer of ours.

We’re in the process of scaling up to meet this demand so we can resume online applications as soon as possible. We’ll keep you up to date on when applications will resume.

Rewards credit card

Variable interest rate

Effective 24 May 2022
$1,000 minimum credit limit 
Up to 55 days interest free
Qantas Points
Terms and conditions apply.

Who it's for

  • People aged 18+
  • People living in Australia, either permanently or temporarily 
  • People with a regular source of income

Is this product right for you? Find out more

What you get

"We are proud to be with Bank Australia knowing it’s an ethical choice that supports a healthy environment."
Marnee and Diego, Sydney NW

Up to 55 days interest free

Pay for things using your card and enjoy up to 55 days to pay the amount back without interest.

Earn Qantas Points

Earn 0.75 Qantas Points for every $1 spent, plus 1 more for every $1 spent on Qantas products and services in Australia. See details in terms and conditions.

Get free travel insurance

When the skies open up again, get complimentary overseas travel insurance. See details in terms and conditions.

Instant transfers

Pay off your credit card in a flash with instant transfers between your Bank Australia transaction account and this one.

Shop securely online

Add your Low Rate Visa Credit card to Visa Click to Pay for an easy, secure checkout experience.

Lock your card

In the app or internet banking, place a temporary lock on your card the moment you think it might be lost or stolen.

Get handy notifications

Set up custom notifications in the app or internet banking so you don’t miss a beat about card repayments and spending.

Compare our credit cards and repayments

Our cards come with different interest rates and fees. Use this calculator to compare them side by side.

Want clean money?

Get started in less than 5 minutes – all you need is your driver’s licence or passport, and your Medicare card.


Fees, and charges

Here’s what to expect with our Platinum Rewards Visa Credit card:

  • Annual fee $189
  • Cash advance $3.50
  • Foreign currency conversion 3%

It pays to know. Read the Product Disclosure Document and this fact sheet to help you decide if this loan’s right for you. See all rates and fees.

Money, People & Planet

See more at the Bank Australia blog

Important information

*In providing you with this information you should consider the appropriateness of this advice with regards to your particular financial situation and needs. You should consult the Product Disclosure Documents and Key Fact Sheet before making a decision to apply for products with Bank Australia.

Rates apply to new applications received from 10/09/2020 however are subject to change at anytime.

Terms, conditions, fees and charges apply. Loans subject to normal lending criteria and approval.

1. Eligible purchases mean the purchase of goods or services from merchants accepting your Credit Card (including GST payable for those goods or services by you) excluding Ineligible Purchases. These include balance transfers, business expenses, cash advances and more. View list of Ineligible Purchases.

2. Free Qantas Frequent Flyer membership, (that is membership without having to pay the usual $89.50 joining fee is offered by Qantas Airways Limited ABN 16 009 66 901. This offer is available from 1 June 2014 but may be withdrawn at any time. This offer is non- transferrable and is not available in conjunction with any other offer. Qantas Frequent Flyer membership and the earning and redemption of Qantas Points are subject to the Terms and Conditions of the program and each application is subject to approval by Qantas.

3. A points cap of 20,000 Qantas Points applies for each monthly statement cycle. Bonus Qantas Points do not count towards the points cap.

4. You must be a member of the Qantas Frequent Flyer program to earn Qantas Points. Membership and Qantas Points are subject to the terms and conditions of the Qantas Frequent Flyer program.

5. Selected Qantas products and services are Qantas passenger flights (with a QF flight number) purchased on the Qantas merchant account, i.e. directly with Qantas or some travel agents, and Qantas Frequent Flyer and Qantas Club membership joining and annual fees apply. Excludes Jetstar, Qantas Holidays, Qantas branded non airfare products, Qantas Freight and Qantas Staff Travel.

6. Qantas and Partner Classic Flight Rewards are subject to capacity controls and availability is strictly limited particularly at peak times such as school and public holidays. Some flights may not have any Classic Flight Rewards available. For Classic Flight Rewards flights, taxes, fees,and carrier charges are payable in addition to the points required, are subject to change and are quoted at the time of booking. Classic Flight Rewards flights must be booked at least 24 hours before scheduled departure and other advance booking requirements may apply. For more information see

7. Classic Flight Upgrade Awards are subject to capacity controls and availability (which is limited). Classic Flight Upgrades are not available on Classic Flight Rewards or on international airfares booked in E, N, O, P, Q and X class. You must have an eligible paid and confirmed ticket on a Qantas operated service (with a QF flight number on your ticket).

8. Store products are for delivery in Australia and New Zealand only (and different products are available in each delivery location). Redemption of Qantas Frequent Flyer points for items through the online store is subject to Terms and Conditions (including the Store Terms of Use and voucher Terms and Conditions). See for further details. The range of Awards and points required are subject to change and products are available while stocks last.

9. Bank Australia Limited ABN 21 087 651 607 AFS Licence No 238431 the insured, has entered into a Group Policy for overseas travel insurance with Allianz Australia Insurance Limited ABN 15 000 122 850 AFS Licence No. 234708 (Allianz), the insurer. AWP Australia Pty Ltd (ABN 52 097 227 177, AFSL 245631) trading as Allianz Global Assistance is authorised by Allianz to arrange the Group Policy and deal with and settle any claims on its behalf and provides no advice. The benefit of the cover under the Group Policy is extended automatically to Bank Australia Platinum Rewards Visa Credit Cardholders where certain eligibility criteria are met (eligible cardholders). Eligible cardholders do not have their own policy or enter into a contract of insurance with Allianz. Subject to certain terms and conditions, they have the right to recover the amount of their loss from Allianz solely by operation of section 48 of the Insurance Contracts Act 1984 (Cth). Bank Australia is not the agent of Allianz or the eligible cardholders, does not provide any advice and does not receive any commission in relation to the cover. Refer to the Allianz Global Assistance Travel Insurance Information Booklet, available here for all information about cover, including full terms and conditions and limits and exclusions that apply.

10. Benefit available where at least 50% of the amount payable for the overseas travel (including accommodation arrangements) for you and any accompanying person is paid using your Platinum Rewards Visa Credit Card before the start of your travel.

11. Accompanying persons are your spouse (or legally-recognised de facto) and/or your dependents under the age of 21 who travel with you for the entire trip. The maximum cover provided, regardless of the number of persons the claims relate to is $1,000,000. Benefit limits and sub-limits apply. There is no cover while travelling in Australia.

12. Refer to the Allianz Global Assistance Travel Insurance Information Booklet available at here, for all information about cover, including full terms and conditions and limits and exclusions that apply.

13. Interest will be charged on any purchase you make using your Platinum Rewards Visa Credit Card from the day you make the purchase, with no interest-free period applying while a balance transfer is outstanding.