Bank Australia (formerly known as bankmecu) is a customer-owned bank with over 160,000 members. It prides itself on not lending money to industries that do harm, including fossil fuels and live animal export. Instead, it lends money to individuals, housing for people with disability, non-profits, renewable energy and more.
Bank Australia offers an array of financial products and services, including everyday banking accounts, savings accounts, term deposits, home loans, personal loans, insurance solutions and credit cards.
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The Bank Australia Visa Credit Card was highly commended for Best No Annual Fee Credit Card in the 2025 Finder Awards.
Full list of 2025 winnersBank Australia's range of credit cards are designed to suit different spending habits and needs. The cards you can choose from include:
The Bank Australia low rate credit card offers a low ongoing variable purchase rate of 12.99% p.a. This card attracts a nominal annual fee of $59 and gives you access to funds around the world, anywhere Visa is accepted.
The Bank Australia Visa Credit Card charges a $0 annual fee and a competitive standard variable purchase rate of 19.74% p.a. It also offers up to 55 interest-free days on purchases when you pay your balance in full by the due date on each statement.
The Bank Australia Platinum Rewards Visa Credit Card earns 0.75 Qantas Point per $1 spent on eligible purchases and 1 point per $1 spent on selected Qantas products and services in Australia. It also offers platinum perks including complimentary overseas travel insurance. This card attracts an annual fee of $189.
Banking with Bank Australia comes with a number of benefits, and here’s what you can look forward to as a Bank Australia member:
Bank Australia is 100% owned by customers. This means the bank can put profits back into providing better rates and lower fees for members.
Bank Australia members who reside in New South Wales, Victoria, Queensland, South Australia, and ACT can get in touch with a Bank Australia representative over the phone at any time of the day or night.
In keeping up with changing times, Bank Australia gives you access your account information over the internet, through its online and mobile banking platforms. You can turn online to change personal details, view transaction history, and make payments.
When you bank with Bank Australia, you know that you’re part of an initiative aimed at giving back to society. It has a Conservation Reserve designed to help protect endangered species and offset the bank's environmental impact. It also invests a portion of profits in projects that address social issues through the Bank Australia Impact Fund.
You can now use your smartphone or compatible device to make contactless payments at the terminal when you link your Bank Australia credit card to Apple Pay, Samsung Pay or Google Pay.
You can apply for a Bank Australia credit card online or by visiting any Bank Australia service centre. Before you apply, make sure you meet the eligibility requirements and have all the required documents and information on hand.
If you wish to apply online, ensure first that you meet the following eligibility criteria:
To complete the application, prepare to provide the following information:
Bank Australia credit cards offer a variety of competitive features that allow you to cut down on credit costs or take advantage of rewards and platinum perks. As there are many other credit cards that provide similar features, make sure to compare your options before applying to ensure that you select the right card for you.
You can find frequently asked questions about Bank Australia credit cards below. Contact us using the form at the bottom of the page if you still have a question about Bank Australia credit cards
The Bank Australia Platinum Rewards Visa credit card rewards you with Qantas Points as you spend and up to 55 interest-free days on purchases.
Pay no annual fee and enjoy up to 55 interest-free days with the Bank Australia Visa credit card.
The Bank Australia Low Rate Visa credit card offers a low interest rate on both purchases and cash advances.
My Visa Mecu credit card was retained by the Westpac ATM when I used an incorrect PIN.
I have already reported this by telephone to MECU, and I now need to have another card issued.
Is their a shorter process for getting a replacement card given that I’ve had one in the past. The lost card was due to expire this month.
Also, we do have access to internet banking with MECU.
Thanks
Will
Hi Will, thanks for your inquiry!
Replacement cards will be replaced within 5 working days in Australia. If you are overseas, VISA International can organise a replacement card, however it will cost US$175 and will not be issued with a PIN.
Cheers,
Jonathan
Hi, I have noticed on bankmecu’s website that they have a Platinum Qantas Rewards Visa Card also.. Which is not displayed on this page..
Hi Stuart,
Thanks for your question.
Although we cover a wide range of products, issuers and services we don’t cover every product, issuer or service available in the market so there may be other options available to you.
Cheers,
Shirley
Hi I have 2 big credit cards with a total of $27,000. Please give me advice as to how can I pay my debt off quickly effectively that will be
an advantage in saving and the best option. I have a very good credit history. Looking to approach Bankmecu for assistance – cards are with Citibank and Bankwest. Thanks
Hi Briget,
Thanks for your question.
We cannot provide financial advice but we have an article on steps to reducing $50k debt.
Bankmecu may be able to assist, as your cards are Citibank and Bankwest. If you would like more information on balance transfers and compare options to see what may work for you.
Cheers,
Shirley
I have two credit cards. One is with Commonwealth, the other is with GE. I would like to pay both of these out and get two credit cards with no annual fee and low interest rates. What do you recommend? Thanks.
Hi Dean,
Thanks for your question.
If you are looking to reduce credit card interest transfers, you may want to consider consolidating the balance of both your cards through a balance transfer option. You may refer to our comparison of balance transfer credit cards we have listed. Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.
I hope this helps.
Cheers,
Jacob
Sir/Madam, I want to open an account with Bankmecu. I am a resident of Mildura, Victoria, Australia. Is there a branch in Mildura? If yes where is it? If no where is the nearest branch? Thanks. Atta.
Hi Atta.
You can find a Bank MECU branch at, 134A Eighth Street, Mildura VIC 3500. Open Mon-Fri 9am-5pm.
Thanks.