St.George was founded in 1937 and started its life in the finance industry as a housing based institution. From their St.George built a reputation as Australia’s leading building society, and went on to achieve full banking status in 1992. St.George has also become a part of the Westpac group, and is one of Australia’s leading retail and business banking brands. St.George has a strong credit history and customer service ratings, and also makes sure to regularly consult its customers through direct surveys to check your customer satisfaction and how you feel about the customer service you receive in branch online and over the phone so that St.George can continue to serve the best.
Why Choose St.George?
The choice of the best credit card and credit card provider can often come down to what one can do for you that no others will. When it comes to St.George their standout performance comes in the form of:
- Lower credit card fees. From October 2009 St.George rolled out on a new fee structure which reduced credit card exception fees to just nine dollars. This means that credit card late payments, over limit fees and outward dishonour fees are now capped at just nine dollars.
- Easier ways to avoid fees. With the St.George now part of the Westpac group you can use your St.George credit card at a Westpac ATM without attracting foreign ATM fees. You can also monitor your accounts with SMS or e-mail alerts so you can be notified if your credit card balance is approaching its limit, if a payment has come out or if an account has alloy balance.
- Industry awards. In May 2010 St.George was awarded money magazines best banking website of the year 2010 so you will be able to manage your credit card account online easily and find all of the information you need from the comfort of your home or during your lunch break. Also in April 2009 percent George vertigo MasterCard was awarded Australia’s cheapest balance transfer credit card by money magazine.
St.George Balance Transfer Credit Cards
If you are struggling with a hard to manage credit card balance you don’t want to make another mistake in choosing a balance transfer option which is not the right one for you. Instead have fuel questions about St.George balance transfers answered below to help you feel secure that you are making the right decision.
What is a St.George balance transfer?
It is when you pay out the balance of an existing non-St.George credit card with the available credit of your new St.George credit card. Your old credit card balance is now paid to zero and you can choose to close the account or keep it, using the lessons you have learned to exercise more financial responsibility over your balance.
What are the benefits of a St.George balance transfer?
When you transfer the balance from a standard credit card to a St.George balance transfer offer you will be being charged a much lower interest rate. This means that you can often continue making the same amount of monthly repayments but you are able to pay off your balance sooner because more of your repayment is going towards paying off your principal balance, rather than towards interest charges.
How is a St.George balance transfer completed?
If you are applying for a new St.George credit card you can request a balance transfer during your application and your balance transfer offer period begins once your account is opened. If you already have a St.George credit card you can still request a balance transfer and you can make as many balance transfers as you like, but just keep in mind you will no longer be able to enjoy the interest-free days until your account balance, that is your transfer balances, are paid off in full. If you are an existing customer you can either download and complete the balance transfer request form or you can make the transfer by logging into Internet banking.
How long does a St.George balance transfer take?
A St.George balance transfer can take up to 14 days from the date you make your request, and if you are a new St.George customer your request will not start to be processed until you have activated your card and completed an identification check at a St.George branch.
What are the requirements of a St.George balance transfer?
Your balance transfer to a St.George credit card will only be transferred if:
- You are transferring from a non-St.George credit card.
- You are transferring from an Australian-issued credit card.
- You are transferring a balance of more than $500.
- You are transferring a balance which will be less than 95% of the available credit limit on your new St.George credit card.
- The credit card account you are transferring from using good order.
What other features are included on a St.George balance transfer credit card?
With a St.George balance transfer card you can choose whether you want to continue to make purchases, be charged an exceptionally low interest-rate or be rewarded for the purchases you make after repaying the balance and with easy-to-use features, Internet banking systems and attentive customer service avenues your credit can be well looked after.
Posted on Friday, June 4th, 2010 at 2:51 pm
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