The St.George Vertigo Card is ideal as your first credit card because it starts with a limit that’s just right for learning about financial management.
As you ease into using credit, it offers interest-free days and low fees.
If you’re someone looking for a simple, yet effective card, this could be a great addition to your wallet too.
Though it may seem basic, you’ll be surprised by what this credit card can do, especially since the annual fee is quite low.
Check out its key benefits of St.George Vertigo Card:
- Up to 55 interest-free days on purchases
- Minimum credit limit starting at $500
- Low annual fee of $55
- 1 free additional card for anyone over 16 years old
- Exclusive deals through the St.George Offers Hub and Visa benefits
- Extra layers of security with SMS alerts and anti-fraud protection
Choose the offer that suits you best
St.George puts you in control of your finances by letting you choose between cashback rewards or an even lower balance transfer rate when you apply for the card.
You can earn up to $500 cashback on purchases made at participating supermarkets and petrol stations, along with 12 months of 6.99% p.a. interest on balance transfers if you go with the cashback offer.
On the other hand, there’s the option of a 0.99% p.a. interest rate for 28 months with no balance transfer fee, which is the most popular choice among those looking to save on fees and pay off credit card debt faster.
In both cases, once the promotional period ends, the rate reverts to the cash advance rate, so it’s important to choose what makes the most sense for you in the long run.
What’s not so great
The $500 cashback and the 0.99% interest rate are only available for new cards. So, if you’ve applied for any St.George, Bank of Melbourne, or BankSA cards in the last 12 months, you won’t be eligible for this perk.
Also, keep in mind that the total cashback is capped at $500, and anything beyond that won’t accumulate further.
Plus, these offers might not be around forever, so it’s worth checking if they’re still available when you apply.
The lower starting credit limit isn’t necessarily a downside; in fact, it could be helpful for those using a credit card for the first time, but it might not satisfy everyone.
Common fees to be aware of your St.George Vertigo Card
- Annual fee: $55
- Variable purchase interest rate: 13.99% p.a.
- Cash advance rate: 21.99%
- Late or missed payment fee: $15
- International transaction fee: 3% of the Australian dollar amount
Our take
This card is easy to manage, and even outside of the promotional period for balance transfers and cashback, it remains economical in terms of fees and services.
We highlight it as a good choice for beginners, as it likely comes with a modest starting limit. But really, anyone after a basic credit card might want to consider it.
As long as you keep in mind that its focus is on being accessible rather than offering a ton of extra rewards, it’ll be a reliable financial companion.