A balance transfer is when you move the debt from one, or several, cards over to another credit card. This is usually done to take advantage of lower interest rates. Most of the time it requires a great deal of discipline to use your new card for nothing else until the balance transfer is paid off because most cards have a much higher interest rate on purchases, causing cardholders to wind up in an endless debt cycle yet again.

The BankSA Vertigo card has a deal that can help avoid the merry-go-round of card payments. Right now you can transfer an old debt and pay just . Thes rates allow you to use your card for both purchasing and the balance transfer without worry about the amount of interest that is being racked up. Just be sure to pay off both debts before the introductory six months runs out, or you might spend more on interest then you planned.

BankSA Vertigo Features

Low Rates and Fees – The annual fee for this credit card is just , one of the cheapest currently available. The interest rate for purchases after the six month introductory period is a low % per annum. Cash advances carry a per annum interest rate. Along with interest free days you can own this card for practically nothing.

Security – BankSA Vertigo employs the Falcon Fraud system that provides all day, every day account monitoring for suspicious activity. You are also protected from responsibility for transactions that are unauthorised or fraudulent as long as you did not contribute to it by sharing your account details with a third party. The card is backed by MasterCard so you can count on secure online shopping with MasterCard SecureCode.

In addition to all of that the BankSA Vertigo card gives you access to great benefits with the BankSA Instant Benefits Program. You may also link the card with your other BankSA accounts, making life just a little bit easier.

The Amplify card comes feature-packed with your choice of rewards programs – choose from the Amplify Rewards or the Amplify Qantas. What are you waiting for?

What’s All the Excitement About the BankSA Amplify Credit Card?

I’m glad you’ve asked. For starters, the BankSA Amplify credit card is Australia’s first rewards credit card that allows you to choose between rewards. Say you enjoy flying, then you’ll probably settle for the Amplify Qantas program, whereas a shop-a-holic who loves to choose from groovy lifestyle rewards will choose the Amplify Rewards program instead.

Make no mistake, either of the two is a great choice because of the reward features you have access to.

What You’ll Get By Choosing the Amplify Qantas

Between 29 March and 30 June 2010 you get double the rewards point in celebration of BankSA’s new launch. You will receive 1 Qantas Frequent Flyer points per $1 spent on eligible purchases.

Once this promotion runs out, starting from 1 July 2010 you’ll earn 1 Qantas Frequent Flyer points per $2 spent. Not a bad deal either.

Plus, you also receive complimentary membership to the prestigious Qantas Frequent Flyer membership program if you apply for a BankSA Amplify credit card now. This promotion alone is worth over $80 if you are currently not a member and makes this choice a sure deal.

How to Redeem Your Qantas Amplify Points

Redeeming your points couldn’t be easier, thanks to the inclusion of Classic Award flights and thousands of products from the online Frequent Flyer store. I’m sure you’ll find some goodies that tickle your fancy.

Amplify Your Lifestyle By Choosing the Amplify Rewards Option

Alternatively, you can choose to become a member to the Amplify Rewards program. By the way, joining each of the two is free, unlike with other rewards programs in Australia.

When you join Amplify Rewards now, between 29 March and 30 June 2010 you get to earn double the rewards points (earn 2 Amplify Points for every dollar you spend on eligible purchases). Come 1 July 2010 the earning potential will be reduced to 1 point per dollar spent.

How to Redeem Amplify Rewards

It’s easy to redeem your points as you can choose to do so for airline points or miles with approved partners such as: Virgin Blue and V Australia’s Velocity program, Malaysia Airlines Enrich program and Singapore Airlines Krisflyer program.

If you rather go shopping, then you have the choice between a range of things: home wares, wine, electrical goods, travel services through Amplify Travel, or gift vouchers from a range of retailers.

Other Amplify VISA Features

Besides being a promising rewards credit card, the BankSA VISA Amplify card is also a fabulous balance transfer cards if you have a small to medium-sized credit card debt.

The favourable balance transfer rate of 0.99% p.a. makes it child’s play to repay your debt since you get up to 6 months to do so. Please make sure you read the small print and do not use your new card to spend on purchases as this will negate your efforts entirely.

• Annual card fee is $79
• Get up to 55 days interest free shopping
• 18.49% p.a. on purchases
• 20.49% p.a. on cash advances

If you want to manage your debt, join a rewards program that offers you choices and deal with a bank that is respected, then look no further than the BankSA VISA Amplify credit card.