Any unpaid balances revert to the cash advance rate thereafter. Interest free days do not apply while you have
a balance transfer. Your total balance transfers may not exceed 80% of your credit limit. See
important information at the bottom of this page for more details.*
on balance transfers for 14 months1
(reverts to cash advance rate)
If there is no BT fee mentioned on your offer, enter 0.
#The potential interest savings example (less any applicable balance transfer fees) uses a credit card with an Annual Percentage Rate (APR) of 20% p.a. The APR charged on your Auswide Bank Platinum Credit Card may differ. Estimated savings assumes that: in each Statement Period your Minimum Payment Due is 2%; that this amount is paid on or before the Minimum Payment Due Date; there are no other transactions during the Balance Transfer period (Note that no interest free days apply whilst you have a balance transfer); and the entire balance and balance transfer fee (if applicable) is paid at the expiration of the promotional period. Savings excludes the annual fee since as an existing customer this fee (if applicable) is currently being paid by you; and other fees and charges which are dependent on your transactions or activities such as paper statement fee.
A credit card balance transfer is where you move an existing debt from a credit card, store card or personal loan to another credit card.
When you request a balance transfer (this can be done when you first apply for your card or after you already have your card), you are asking your existing debt provider (lender) to move your outstanding debt to your new credit card.
When considering a balance transfer promotion, it’s easy to focus on the low, or zero, interest rate being offered however don’t forget to consider the other features of the card and any applicable terms and conditions of the promotion.
When you apply for a new credit card, you can apply for a balance transfer. Any credit account balances with other financial institutions/stores can be transferred, such as:
The minimum amount you can transfer is $500 and your total balance transfer may not exceed 80% of your maximum available credit limit the day the balance transfer is completed.
You can apply for a balance transfer during the application process. Existing customers can also visit a local branch or call 1300 135 538 to discuss options should you wish to transfer a balance from another card provider after you have already applied for a card.
It's important to know that the credit account you want to transfer must be in the name of the credit card primary account holder.
*Offer subject to your account being in good order at the time of processing your balance transfer. Your total balance transfers may not exceed 80% of your credit limit. At the end of the balance transfer period, the interest rate on any outstanding transferred balance and if applicable, balance transfer fee, will revert to the variable Annual Percentage Rate for cash advances which is set out on your statement. The promotional interest rate applies to balances transferred with this offer and balance transfer fee (if applicable), for the promotional period indicated in your offer from the date the balance transfer is processed. Please note you are not entitled to any interest free days whilst you have a balance transfer. This means that all spend will be charged interest at the applicable annual percentage rate.
1. The 0% p.a. promotional interest rate applies to balances transferred with this offer at the point of application for a period of 14 months once the balance transfer is processed. At the end of the promotional period, any outstanding transferred balances will revert to the variable Annual Percentage Rate for cash advances, currently 21.74% p.a. Your total balance transfers with this offer may not exceed 80% of your credit limit. There is no interest free period on purchases while you have balance transfers and interest will accrue from the purchase date.