Rainbow Vertigo Card: See everything you need to know

04/08/2025 • Fabio Henrique • Personal Finance

The St. George Rainbow Vertigo Card provides a straightforward solution with low-interest rates and adaptable features that align with various financial needs.

In this comprehensive guide, we will delve into every aspect of the Rainbow Vertigo Card, from its standout benefits to the nitty-gritty details of its pros and cons, as well as how you can apply.

Competitive low purchase rate: 13.99% p.a.
0% interest on balance transfers for 24 months
55 days interest-free on purchases
Complimentary fraud monitoring and autopay services
No additional cardholder fees

Curious about what else the St. George Rainbow Vertigo Card can offer? Read on to discover the benefits and details you should know before applying.

Benefits of the Rainbow Vertigo Card

The Rainbow Vertigo Card is designed to make credit management affordable and user-friendly, standing out with a series of appealing benefits.

Low Purchase Rate

With a purchase interest rate of 13.99% p.a., it's among the most competitive cards available, offering savings on everyday spending.

0% Interest on Balance Transfers

New cardholders can benefit from 0% p.a. interest on their balance transfers for up to 24 months, providing an opportunity to consolidate debt efficiently.

Up to 55 Interest-Free Days

Up to 55 days of interest-free purchases is available, helping cardholders manage their cash flow more effectively.

Complimentary Services

Including 24/7 fraud monitoring and Visa payWave for contactless payments, the card ensures a high level of service and convenience.

No Additional Cardholder Fees

Adding up to one additional cardholder comes with no extra fees, making it family-friendly and cost-effective.

Who Should Consider the Rainbow Vertigo Card?

This card is tailored for a variety of individuals who may find its features particularly beneficial.

Those with a negative credit listing looking for manageable credit options.
Individuals aiming to consolidate high-interest debt using the 0% balance transfer offer.
Users who value straightforward, low-fee financial products without complex rewards structures.
Anyone seeking essential services like automatic payments and fraud alerts without additional fees.

If any of these categories resonate with you, the Rainbow Vertigo Card could be a perfect fit.

Pros and Cons of the Rainbow Vertigo Card

Every financial product has its strengths and weaknesses.

Heres a look at what you can expect from the St. George Rainbow Vertigo Card.

Pros

Low Purchase Rate
At 13.99% p.a., this rate is appealing for those who carry a balance from month to month.
Interest-Free Period
Enjoy up to 55 days interest-free on purchases, which can significantly aid cash flow management.
No Rewards Program Fees
Since there is no traditional rewards program, you wont pay extra for a service you may not use.
Complimentary Services
This includes valuable features like fraud monitoring and easy contactless payments.

Pros

Higher Cash Advance Rate
A 21.99% p.a. cash advance rate may deter those who need frequent access to cash.
Transaction Fees
A 3% international transaction fee applies, which could add up for frequent travellers.
Limited Rewards Options
Lacks a standard rewards program, which may not appeal to those seeking points or cashback incentives.

Why We Recommend the Rainbow Vertigo Card

After a thorough review of the St. George Rainbow Vertigo Card, it has clear advantages, particularly for individuals who are negatively listed or are simply looking for a no-nonsense credit card option.

Cointexus recommends this card for its practicality and user-friendly features, making it ideal for those not interested in a rewards program but who need a reliable card with essential benefits.

Low regular and balance transfer interest rates.
Comprehensive complimentary services including emai alerts and autopay.
Cost-effective for adding additional cardholders, making it a great family choice.

How to Apply for the Rainbow Vertigo Card

Applying for the Rainbow Vertigo Card is straightforward and can be done mostly online, providing convenience and ease.

Access to the bank website

Visit a local St. George Bank branch
Contact St. George via their customer service channel
Apply directly through the St. George Bank's official website

Frequently Asked Questions

What are the eligibility criteria?

Applicants must be 18 or older, Australian or New Zealand citizens, or hold an acceptable Australian visa. They need a fixed Australian residential address and regular income.

How much is the annual fee?

The annual fee for the Rainbow Vertigo Card is $55.

What is the late payment fee?

A $15 fee applies for each late or missed payment.

Does the card offer cashback or rewards?

While theres no standard rewards program, occasional promotional cashback opportunities may be available.

Final Considerations

In conclusion, the St. George Rainbow Vertigo Card is a practical choice for those seeking low fees and interest rates without the complexity of reward programs.

Its features make it particularly suitable for individuals with negative credit listings or anyone looking to maintain manageable card benefits.

Trust Cointexus to guide you in understanding the pros and cons of nuanced financial tools like these in your journey to smarter financial management.