If you’re looking for a card that combines savings with incredible benefits, Cole’s No Annual Fee credit card is definitely the way to go. It’s a golden opportunity to maximize your finances with style and efficiency. Don’t miss out on trying this revolutionary card!
Documents
To apply for the No Annual Fee credit card from Cole Bank in Australia, you will generally need to provide a range of documents and information to meet credit and identity verification requirements. While specific requirements may vary slightly, here are the commonly required documents and information:
- A photo ID such as an Australian passport, driver’s license, or national ID card.
- A document that verifies your current address, such as a utility bill (water, electricity, gas), bank statement, or lease agreement.
- Documents that prove your income, such as pay slips, bank statements, or tax returns. For self-employed individuals, financial statements or tax returns may be required.
- Information about your current employment, including the name and address of your employer, your job title, and length of service.
- Your Tax File Number may be requested to verify your tax status and income.
- Information about your expenses and other debts to help the bank assess your repayment capacity.
- The credit card application form, which you can fill out online or on paper, depending on Cole Bank’s process.
- The bank may check your credit history, so having a good credit record can increase your chances of approval.
Rates, fees, and commission
- Annual Fee $0.
- Interest rate on Balance Transfers 20.74% p.a.
- Interest rate on Purchases and Cash Advances 20.74% p.a.
- Interest free days on purchases7 Up to 55 days.
- Domestic Cash Advance Fee $1.95 per transaction amount under $65.00, and 3.00% of the transaction amount for any transaction equal to or over $65.00, debited to your Account on the Transaction Date.
- International Cash Advance Fee $5.
- International Transaction Fee 3.00% on all Retail Purchases and Cash Advances.
- Minimum credit limit $1,000.
- Maximum credit limit $100,000.
- Additional Cardholder Fee $0.
- Over-the-Counter Transaction Fee $2.25 .
- Paper Statement Fee $2.00 per statement .
Step-by-Step Guide to Apply for the No Annual Fee Credit Card from Cole Bank
Applying for the No Annual Fee credit card from Cole Bank in Australia involves a process that can be done online or at a branch. Here is a general step-by-step guide for the application:
- Check Eligibility: Before starting the application process, verify the eligibility requirements for the No Annual Fee credit card. Ensure you meet the age, income, and credit history criteria.
- Gather Required Documents: Prepare all necessary documents and information, such as personal identification, proof of address, proof of income, employment details, Tax File Number (TFN), and any additional financial information.
- Visit Cole Bank’s Website: Go to the official Cole Bank website. They usually have a dedicated section for credit cards where you can find detailed information about the No Annual Fee card and begin your application.
- Complete the Application Form: Fill out the application form online. You will need to provide personal, financial, and employment information. Make sure to fill in all fields accurately and review your information before submitting.
- Submit Documentation: After completing the form, submit the required documents. This may include uploading digital files or sending physical copies, depending on the bank’s process.
- Wait for Review: Cole Bank will review your application and perform a credit assessment. They may contact you for additional information or to clarify any details.
- Receive Decision: After the review, you will receive a response regarding the approval or rejection of your application. If approved, you will either receive the credit card by mail or receive instructions on how to activate it.
- Activate the Card: Follow the instructions provided by the bank to activate your credit card. This is typically done online, by phone, or through a mobile app.
- Access Customer Support: If you have any questions or need assistance, contact Cole Bank’s customer support for additional help.
Tip: Regularly check Cole Bank’s website for any updates or changes to the application process, and read the terms and conditions of the credit card to understand all the details and benefits.
Following these steps will help ensure that you complete your application efficiently and increase your chances of obtaining the No Annual Fee credit card from Cole Bank.
