28 Degrees Platinum Credit Card Review

Learn about the 28 Degrees Platinum Credit Card in this review to help you decide whether this is the card for you.

  • No annual fee
  • No overseas purchases fee
  • No currency conversion fee
  • No foreign transaction fee
  • 55 days interest free
  • Free 24/7 concierge service
  • Worldwide emergency card replacement

Pros and cons of using 28 Degrees Platinum Credit Card

  • Can have 9 additional cardholders
  • No overseas purchase fee, or currency conversion fee
  • No foreign transaction fee
  • Free replacement card
  • No introductory offers or rewards
  • High interest rates after the initial 55 days
  • Minimum credit limit is $6000

Benefits of the 28 Degrees Platinum Credit Card


  • Chip and PIN
  • Completed fraud and protection and security
  • The Falcon – fraud anagement system
  • Mastercard secure code
  • Repayment benefits if something happens to you
  • Shoppers protection


  • 24/7 access to your money via online and mobile banking
  • 9 additional cardholders


  • No overseas purchase fee
  • No foreign transaction fee
  • No currency conversion fee
  • Free replacement card

More Benefits

Shoppers benefits cover* Shoppers benefits limit
Price Protection
  • $1,000 per item
  • $5,000 over a 12-month period
Merchandise Protection
  • $2,000 per item
  • $5,000 for loss or damage arising from a single cause or incident
  • $10,000 in any 12 month period
Stolen Card Cover
  • $200 in any 12 month period
Repayment Benefits Cover* Repayment Benefits Limit
Life cover
  • $20,000
Disability cover
  • $1,000 per month

28 Degrees will not make more than 36 monthly benefit payments over the life of the policy.

Involuntary Unemployment Cover
  • $1,000 per month

28 Degrees will not make more than 12 monthly repayments for any one instance of involuntary unemployment, or 36 monthly benefit payments over the life of the policy. 


All prices are in AUD

Service fee Overseas withdrawal Foreign currency conversion
None None None
Account overdrawn Interest rate on purchases after 6 months Payment handling fee
$9 21.99% $2.50 (in person)
$0.95 (online)
Cash advance fee Late payment fee Foreign transaction fee
3% of amount or $4 $30 None

Other info:

  • Balance transfer rate p.a. for 6 months 4.99%
  • Minimum repayment amount – $30.00
  • Minimum repayment percentage – 2.5%

Case Study

Sophie and her husband frequently visit and travel the world in their retirement. Recently, they have been to Budapest, Paris, and Venice.

They were both using pre-paid travel cards for their trips, but found that some of them did not support their required currencies, charged them for overseas withdrawals, transactions, and to redeem their unspent funds when they returned home. They were tired of trying different cards, and wanted to find one that fitted them perfectly.

What they didn’t know was that there was an Award-winning credit card available to them that would take away all the hassle before they flew. A credit card that didn’t charge for overseas ATM withdrawals, transactions, or for any currency conversions, so they didn’t have to worry on their return home – all they had to do was pay off their balance.

All Sophie needs to worry about now is convincing her husband to go on another trip, ASAP!

Online Tools

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Currency converter

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Travel money comparison tool

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Knowledge centre

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Money transfer comparison tool

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Oscar Murray
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Last updated
January 2nd, 2019