Low-rate Visa credit card


A simple, solid, low-rate Visa credit card for life's essentials... and some non-essentials. The cards are Australian made from 82% recycled plastic and we're a carbon neutral bank... so you won't feel bad about how you spend. They're digital wallet-ready and come attached to a First Option membership; so you will have access included to all our better banking tools to manage your money, and stay safe online.

Ask us a question

Environmental Rewards

The attached rewards are also super simple: every time you spend money using your First Option Low-Rate Visa credit card you contribute 0.25% directly to funding biodiversity programs run by our program partners. There are no extra costs, fees or charges to be part of the program, it comes with the card.



Low-rate Visa credit cards

  • Low interest rate: 10.49% pa*
  • Integrates into digital wallets on mobile devices 
  • Includes Environmental Rewards program
  • Australian made cards, from 82% recycled plastic
  • First Option is a carbon-neutral bank
  • Use the mobile app to change your PIN or lock your card, 24/7
  • Use your card overseas and online 
  • Interest free period up to 45 days
  • Annual fee just $48 per year (waived for the first year)

Credit eligibility criteria, terms and conditions, fees and charges apply. First Option Bank Ltd | ABN 95 087 650 735 | AFSL / Australian Credit Licence 236 509. See the applicable fees and charges schedule.

First Option Bank - low-rate credit card

Pay later programs vs low-rate credit cards

Pay later programs can certainly be convenient but there are a few things you should think about before you apply for credit at point-of-sale... Dr Steve explains a couple of reasons why you might want to think about using a low-rate credit card instead!