• expired

0% Balance Transfer for 28 Months with a New St George Vertigo Credit Card ($55 Annual Fee, 1% Balance Transfer Fee) @ St George

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0% p.a. interest on balance transfers for 28 months, 1% transfer balance fee

Key Rates and Fees

13.99% p.a. low variable interest rate on purchases
21.49% p.a. variable cash advance rate
3% of each cash advance amount
$55 annual card fee
$15 fee applied for each late payment or missed payment
3% of the Australian dollar value for transactions with merchants based overseas
New cards only.

Related Stores

St.George Bank
St.George Bank

closed Comments

  • Note a 1% transfer balance fee.

  • +1

    These offers are getting worse.

  • +1

    So just wanted to confirm if I did 20k balance transfer I would just pay one off $200 and on going $55 annual fee and 0% 28 months?

    • yes

    • +2

      Plus minimum repayments each month.

      • Any idea what that would be, given you’ve taken out 20K, curious whether this card will help offset the home loan

        • +1

          It's like 2% per month so $400 at the beginning

          • @ozbargainer998: Hhm just exploring this for the first time. That’d mean paying off the balance and not fees interesting. So basically funnelling the 20k back into min monthly repayments at “no cost” other than the fees stated

  • +2

    Seems like an easy way to get 0% loan for 2.5 years. This should be precious these days. Am i missing something?

    • +1

      I agree. quick math on $10k example: 1%/28*12 = 0.429% pa plus $55/$10k = 0.55% get you 0.98% pa.
      Question is do they transfer the $10k to your bank account or they only pay to credit card account only?

      • Has to be a balance transfer. Usually they make a Bpay payment onto your CC from your new card. The Bpay code lets them determine if its a credit card you are transfering onto.

        • During the application, they ask for the balance and total limit on the existing Credit card.
          What if the limit on existing CC is 6k and the balance transfer amount is more than 30K. Will they let us move 30k to the existing CC and have a positive balance?

  • would they transfer to bank account or only credit card?

    • credit card

      • So how is it possible to get the funds into an offset account?

        • +1

          Transfer to a CC.
          Use the funds on CC to make purchases. Since you're in credit, no bill to pay.
          Leave pay in offset account.
          After a couple of months the extra money from your pay staying in your offset account (from not paying said CC bill) will equalise with the amount transferred to the CC.
          So you get say 25 months instead of 28 months.

  • PSA: If you have a NAB credit card, I was able still get this deal onto a NAB Low Rate CC I got approved for on 7 Mar 2024.

    0% Balance Transfer for 32 months
    No balance transfer fees

    • Can I apply for credit card now and transfer the balance once I get the card ? Which card do you have as I see Low Rate Credit Card already offers 28 months free at 2% BT fee.
      What I want to achieve is to have 0%BT for 32 months free.

      • I signed up to a new Low Rate card and was approved on 5 Mar 2024 with the cash back offer as I knew this offer existed. Applied to the balance transfer deal on 13 March, approved 14 March.
        First statement shows “BAL TFR 0.00% 32 MTHS” and shows the bal tfr breakdown on the bottom, starting 14 Mar 2024 and ending 19 Nov 2026

        • That's great. Wanted to hear this. will do same now. Hope the offers stays for another two weeks. Thank you again.

        • Do we need to have an existing NAB Credit card to apply for this deal?
          I have one CC only with Bankwest, do I need to apply for a low-rate card and then the 32-month deal? or apply directly for the 32-months deal?

          • @Hasu: 32-month BT deal seems to be any NAB card (Low Rate was best for me). If you do not have any NAB card, apply for one and then once approved, apply through to the 32-month BT deal linked. Bear in mind that terms state they can expire that offer at any time, but it's been a year and a bit since it's been posted and it still went through for me on 14-March of this year. Terms here.

    • adding that you can't get a balance transfer deal from NAB (any deal) if your other credit card's BPAY reference number is different from your actual card number.

      • It does mention that too, and it worried me when I attempted to bal transfer from my Latitude 28 Degrees CC (which had differing card/account number). In the application I had put in the one found on the statement and sure enough, within 5 business days, the balance transfer went through.
        Good to note the excluded banks listed though.

  • Is this the same as I see on website? you can chose BT (or)

    Up to $400 cashback on your supermarket and petrol spend<<
    Get 10% cashback on spend at selected supermarkets and petrol stations (up to $400 total cashback).

    Plus, 6.99% p.a. interest on balance transfers for 12 months>> when requested at card application. The variable cash advance rate will apply after this promotional period.

    Consider this card with the cashback offer if you would like to be rewarded for your supermarket and petrol spend.

  • I took this deal a few weeks back. It really saves a lot of money if you have a substantial amount of money in credit card.

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