Skip to main content Skip to accessibility page Skip to search input
Simplify and save

Want to save on credit card interest?

If you have an existing credit card balance with another Australian bank, financial institution or store card, then you may consider transferring the balance to BankSA to save money on interest.

Enjoy 0% p.a. interest on transferred balance(s) for up to 12 months on a new BankSA credit card1 or for up to 12 months on your existing BankSA credit card2.


Why transfer?

  • % p.a. interest free balance transfer offers mean you can focus on paying off your balance without accruing interest on the transferred amount
  • Transfer up to 3 credit or store cards into 1 credit card with 1 repayment
  • 1 annual card fee (existing customers may be eligible to get no annual fee in the first year on Vertigo and Amplify products)^


See how much you could save



Transferring your balance is easy

Take out a new BankSA credit card and request the 0% balance transfer offer when you apply

  1. Start an online application for the credit card of your choice
  2. Select YES within the form that you would like to transfer a balance to your new BankSA credit card
  3. Supply card details for the balance you would like to transfer
  4. Complete the transfer by activating your new card.


Choose from one of the following options to transfer up to 2 non-BankSA credit or store cards to your existing BankSA credit card2:

Via internet banking

Once logged in, select “Transfer & payments” and then select “Pay out a credit card held with another bank.”

Via post

Complete the card balance transfer request form and send it back to us.

Via phone

Call 13 13 76 to arrange a balance transfer over the phone.


Balance Transfer FAQs

Important information

Conditions and fees apply. Credit criteria apply to all credit products

Before making a decision, it's best to read the terms and conditions.

Please read these documents and keep a copy. You can request a paper copy at a branch.

^$0 annual fee in first year for existing BankSA customers promotion: To be eligible for this promotion you must be an existing BankSA customer that applies for a new Vertigo, Vertigo Platinum, Amplify, Amplify Platinum or Amplify Signature card by clicking on the BankSA customers 'Apply now’ button on this page between 21st February 2017 and 2nd May 2017 and make your first purchase within 12 months from card approval. Switches, upgrades, customers accessing employee benefits or packages cards are ineligible. Promotion is not available in conjunction with any other promotion, other than the current balance transfer, bonus points or purchase rate offer, available at card application. The first annual fee will be debited on the 12 month anniversary of the first transaction on your account and annually thereafter on the anniversary of the first annual fee.

1. The promotional balance transfer rates are available when you apply for a new BankSA credit card between 21st February 2017 and 2nd May 2017 and request at application to transfer balance(s) from non-St.George, Bank of Melbourne and BankSA Australian issued credit, charge or store cards. The variable purchase interest rate applies to balance transfers requested at any other time. Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible. The balance transfer rate is not available in conjunction with any other promotion unless specified. Promotional rate will apply to any balance(s) transferred (min $200 up to 95% of your approved available credit limit) for the promotional period, unless the amount is paid off earlier. The variable purchase rate will apply to balance(s) transferred but left unpaid after the end of the promotional period. Card activation will trigger the processing of the balance transfer. BankSA will not be responsible for any delays that may occur in processing payment to your other card account(s) and will not close the account(s). Interest free days don’t apply to balance transfers.

2. The variable purchase interest rate applies to balance transfers requested at any other time. You can transfer up to two balances from another store or credit card to your BankSA credit card provided you meet the minimum requirements for balance transfers.