Unlock the Benefits of the St.George Vertigo Credit Card
If you’re in the market for a new credit card that won’t break the bank, the St.George Vertigo Credit Card might just be the ticket.
This low-rate card has been turning heads in the Aussie credit card scene, and today we’re going to take a deep dive into what makes it stand out from the pack.
So grab a cuppa, and let’s get stuck into the nitty-gritty of the St.George Vertigo Credit Card.
A Quick Overview
Before we get into the details, here’s a quick snapshot of what the St.George Vertigo Credit Card offers:
- A competitive variable interest rate of 13.99% p.a. on purchases
- A low annual fee of $55
- Up to 55 days interest-free on purchases
- A minimum credit limit of $500
- 0% p.a. interest on balance transfers for 28 months (for new cardholders, conditions apply)
Now, let’s break down these features and see how they stack up.
Low Interest Rate: A True Blue Bargain
One of the standout features of the St.George Vertigo Credit Card is its low variable interest rate of 13.99% p.a. on purchases.
In a market where credit card interest rates can soar well above 20%, this rate is nothing to sneeze at.
It’s particularly handy if you occasionally carry a balance on your card, as it can help keep your interest charges down.
To put this into perspective, let’s say you have a $2,000 balance on your card that you can’t pay off immediately.
With the Vertigo card’s 13.99% p.a. rate, you’d be looking at about $280 in interest over a year if you made no payments.
Compare that to a card with a 20% p.a. rate, where you’d be up for around $400 in interest. That’s a saving of $120 – enough for a nice dinner out or a few rounds at the pub!
→ CLICK HERE TO REQUEST YOUR CREDIT CARD
Annual Fee: Easy on the Wallet
At $55 per year, the annual fee for the St.George Vertigo Credit Card is on the lower end of the spectrum.
Many Aussies are looking to trim their expenses these days, and a low annual fee is a great way to keep your credit card costs down.
Plus, if you’re strategic about using your card’s features, you could easily offset this fee with the money you save on interest charges.
Interest-Free Days: A Fair Go for Your Finances
The St.George Vertigo Credit Card offers up to 55 days interest-free on purchases. This is pretty standard for credit cards in Australia, but it’s still a valuable feature.
If you’re diligent about paying off your balance in full each month, you can take advantage of this interest-free period to manage your cash flow without copping any extra charges.
Here’s a hot tip: to make the most of these interest-free days, try to time your big purchases for just after your statement cycle starts.
This way, you’ll have the maximum amount of time to pay off the purchase before interest kicks in.
Minimum Credit Limit: Accessible for Most
With a minimum credit limit of $500, the St.George Vertigo Credit Card is accessible to a wide range of Aussies.
This lower limit can be particularly useful for those who are new to credit cards or looking to rebuild their credit history.
It’s a good way to dip your toe in the water without the temptation of a sky-high credit limit.
Balance Transfer Offer: A Ripper Deal for New Cardholders
Now, here’s where things get really interesting. At the time of writing, St.George is offering new Vertigo cardholders a whopping 28 months interest-free on balance transfers.
This is a bonza deal if you’re carrying high-interest debt on another card and looking to save some serious coin.
Here’s the fine print:
- You need to request the balance transfer when you apply for the card
- The offer is only available until 31 July 2024
- There’s a 1% balance transfer fee
- After the promotional period, any remaining balance will be charged at the cash advance rate
If you’re considering this offer, it’s worth doing the sums to make sure it works in your favour.
Remember, you’ll still need to make minimum repayments during the interest-free period, and it’s a good idea to try and clear the entire balance before the promotional rate ends.
→ CLICK HERE TO REQUEST YOUR CREDIT CARD
Additional Features: The Cherry on Top
The St.George Vertigo Credit Card comes with a few extra features that add to its value:
- Free Additional Cardholder: You can add one additional cardholder at no extra cost. This can be handy for couples or families looking to manage their spending together.
- Contactless Payments: The card is equipped with Visa payWave technology, allowing for quick tap-and-go payments for purchases under $200.
- Digital Wallet Compatibility: You can add your Vertigo card to Apple Pay, Google Pay, or Samsung Pay for convenient mobile payments.
- 24/7 Fraud Monitoring: St.George keeps an eye on your account round the clock to help protect you from fraudulent activity.
- SMS and Email Alerts: Stay on top of your spending with alerts about account activity.
Who’s It For?
The St.George Vertigo Credit Card could be a good fit for:
- People looking for a low-rate card for everyday spending
- Those who occasionally carry a balance and want to minimise interest charges
- Anyone looking to consolidate high-interest debt with the balance transfer offer
- Aussies who want a no-frills card with a low annual fee
Who Might Want to Look Elsewhere?
While the Vertigo card has a lot going for it, it might not be the best choice for:
- Frequent flyers or points chasers (there’s no rewards program)
- Big spenders who might benefit from a card with more perks
- Those who always pay their balance in full and might be better off with a card that offers more features in exchange for a higher interest rate
The Application Process: What You Need to Know
If you’re keen to apply for the St.George Vertigo Credit Card, here’s what you’ll need:
- Be at least 18 years old
- Have permanent residency in Australia or New Zealand, OR hold an acceptable visa with at least 1 year before expiry
- Have a regular, verifiable Australian taxable income
- Have a fixed, verifiable residential address in Australia
The application process is straightforward and can be completed online. You’ll need to provide personal details, employment information, and details about your income and expenses.
St.George will also perform a credit check as part of the application process.
→ CLICK HERE TO REQUEST YOUR CREDIT CARD
The Verdict: Is It Worth a Go?
The St.George Vertigo Credit Card is a solid option for Aussies looking for a low-rate, low-fee credit card.
Its competitive interest rate and affordable annual fee make it a good choice for everyday spending, especially if you occasionally carry a balance.
The current balance transfer offer is particularly attractive for those looking to consolidate debt.
However, if you’re after rewards points or premium perks, you might want to shop around.
And as always, it’s important to consider your personal financial situation and spending habits when choosing a credit card.
A Final Word
Remember, cobber, no matter how good a credit card looks on paper, it’s how you use it that really counts.
The St.George Vertigo Credit Card can be a useful financial tool, but like any credit card, it needs to be used responsibly.
Always try to pay more than the minimum payment, and if possible, pay off your balance in full each month to avoid interest charges.
So there you have it – a fair dinkum look at the St.George Vertigo Credit Card. Whether it’s the right card for you depends on your individual needs and circumstances.
But if you’re after a low-rate card with a reasonable annual fee and some solid features, it’s definitely worth considering.
As always, it’s a good idea to compare your options and read the fine print before applying for any financial product.
And if you’re unsure, don’t hesitate to seek advice from a qualified financial professional. Here’s to making smart financial choices and getting the most out of your credit card!