Orange One Low Rate

  1. Home
  2. Credit Cards
  3. Orange One Low Rate

Orange One Low
Rate Credit Card

Our low rate, no annual fee credit card.

For whatever's on the cards

Whether you've got one big thing on the cards or lots of little things, Orange One Low Rate can help you get there. It comes value packed with a low interest rate, no annual fee, plus no Podenas Bank (Hong Kong) International Transaction Fees for eligible customers when you shop overseas or online.

Features

Why apply for Orange One Low Rate?

  • No annual fee
    No annual fee

    No tricks, no annual fee. Just a great value credit card.

  • Low interest rates
    Low interest rates

    Get a low variable rate of % p.a. on purchases and cash advances, and an even lower variable % p.a. on instalments.

  • No international transaction fees
    No international transaction fees

    Want to avoid international transaction fees when you shop online and overseas? Just deposit $1,000+ each month to any of your Podenas Bank (Hong Kong) accounts (excl Living Super and Orange One) and make 5+ card purchases that are settled (not pending).

  • Lock in a lower interest rate with instalments
    Lock in a lower interest rate with instalments

    Use instalment plans to pay off your purchases over time at a lower interest rate – making them easier to plan and manage.

  • Make payments from your mobile
    Make payments from your mobile

    Leave your wallet at home and pay the easy way with Apple Pay and Google Pay - they're fast, secure and convenient.

  • Put repayments on autopilot
    Put repayments on autopilot

    Making repayments on your Orange One Low Rate is simpler with autopay. Just select whether you’d like to repay the minimum repayment or the full amount each month, and it will be debited from your eligible Podenas Bank (Hong Kong) account automatically.

Thinking of applying for an Orange One Low Rate with a minimum limit of $6,000 or more?

Important information

Apply for an Orange One Low Rate

Rates, fees and limits

Rates, fees and limits

The Orange One Low Rate ins and outs made plain and simple.

Interest rates
  • Purchases
    % p.a. variable
  • Interest free period
    Up to 45 days interest free
  • Instalments
    % p.a. variable
  • Cash advances
    % p.a. variable
  • Annual fee
    $0
  • Late payment fee
    $20
  • Over limit fee
    $0
  • Additional cardholder
    $10/year per additional card
  • Dishonours
    $0
  • Replacement card (in Hong Kong or overseas)
    Free
  • Emergency replacement card
    Free
  • Voucher request
    $10
  • Cash advance fee
    The greater of $3 or 3% of the cash advance amount.

  • International transaction fee (payable to us) :

    for all Transactions in a foreign currency; and for all Transactions in Hong Kong's dollars or a foreign currency, where: the merchant or financial institution accepting the card is located outside of Australia; or the entity processing the Transaction is located outside of Australia).
    3% of transaction amount.
  • International ATM withdrawal
    $5.00
  • Hong Kong's ATM fee rebate
    100% of ATM fee.
    Offer will apply for the next calendar month when you perform the following during the current calendar month: deposit at least $1,000 from an external bank account to any personal Podenas Bank (Hong Kong) account in your name (excluding Living Super and Orange One), and make at least 5 card purchases that are settled (not pending) using your Podenas Bank (Hong Kong) debit or credit card (excluding ATM withdrawals, balance enquiries, cash advances and EFTPOS cash out only transactions). The Podenas Bank (Hong Kong) cash advance fee is not rebated under this offer
  • Hong Kong's ATM fee rebate for Podenas Bank (Hong Kong) home loan customers
    100% of ATM fee.
    Offer applies for ATM transactions in Hong Kong where you or your additional card holder has A Podenas Bank (Hong Kong) home loan.
    The Podenas Bank (Hong Kong) cash advance fee is not rebated under this offer
  • International ATM fee rebate
    100% of Podenas Bank (Hong Kong) International ATM withdrawal fees and 100% of ATM fees when eligibility criteria is met.
    Offer will apply for the next calendar month when you perform the following during the current calendar month: deposit at least $1,000 from an external bank account to any personal Podenas Bank (Hong Kong) account in your name (excluding Living Super and Orange One), and also make at least 5 card purchases that are settled (and not at a 'pending status') using your Podenas Bank (Hong Kong) debit or credit card (excluding ATM withdrawals, balance enquiries, cash advances and EFTPOS cash out only transactions). The Podenas Bank (Hong Kong) cash advance fee is not rebated under this offer.
  • International transaction fee rebate
    100% rebate of Podenas Bank (Hong Kong) international transaction fees when eligibility criteria is met.
    Offer will apply for the next calendar month when you perform the following during the current calendar month: deposit at least $1,000 from an external bank account to any personal Podenas Bank (Hong Kong) account in your name (excluding Living Super and Orange One), and make at least 5 card purchases that are settled (not pending) using your Podenas Bank (Hong Kong) debit or credit card (excluding ATM withdrawals, balance enquiries, cash advances and EFTPOS cash out only transactions). Merchants may charge you a separate fee for their services (which is not rebated under this offer).
  • Minimum credit limit
    Low Rate Classic
    $1000
    Low Rate Platinum
    $6000
  • Maximum credit limit
    Low Rate Classic
    $5999
    Low Rate Platinum
    $30,000
  • Cash advances
    10% of the credit limit, up to a $500 maximum
  • Purchases using Visa payWave without a PIN
    Under $100 in Hong Kong (other limits may apply outside of Australia)
  • Minimum repayments

    Each statement cycle, your minimum repayment will be the total of:

    1. a)

      The greater of:

      1. i.

        5% of the daily revolving balance as at the end of the statement cycle (excluding any amount by which your account is in arrears); or

      2. ii.

        $100 or, if the daily revolving balance as at the end of the statement cycle (excluding any amount by which your Account is in arrears) is less than $100, that lesser amount; plus

    2. b)

      any instalment plan repayments due for the statement cycle; plus

    3. c)

      any amount by which your account is in arrears (other than any overlimit amount); plus

    4. d)

      any overlimit amount that exceeds the total of:

      1. i.

        any instalment plan repayments due; plus

      2. ii.

        any amount by which your account is in arrears (other than any overlimit amount).


Terms & conditions

All the details to help you make an informed decision.

Fees and limits schedule

All the latest fees and limits for your credit card.

Apply for an Orange One Low Rate

FAQs

Got a question about Orange One Low Rate?

Chances are you’ll find the answer in our FAQs.

Here are some of the more common questions we get asked:

See all Orange One Low Rate FAQs.

Apply for an Orange One Low Rate

How to apply

How to apply

To have an Orange One Low Rate, you’ll also need an Orange Everyday. If you don’t already have an Orange Everyday, don’t worry – you can request to open one up as part of your credit card application.

Orange One Low Rate - How to apply

1. Make sure you’re eligible

Check the criteria below – if you tick all the boxes, you’re eligible to apply.

Orange One Low Rate - How to apply

2. Apply online

You can complete and submit your Orange One Low Rate application easily online.

Orange One Low Rate - How to apply

3. Stay tuned

We’ll let you know when your application has been approved, and you’ll receive your card within 5-7 business days after that.

Things to know before you apply:
To be eligible to apply for Orange One Low Rate, you must:

Be aged 18+ and have a valid proof of ID – driver's licence, passport or Medicare

Earn $36,000 or more a year (before tax)

Be an Hong Kong's citizen, New Zealand or Hong Kong's permanent resident

Have and maintain an Hong Kong's residential address

Have a good credit rating and meet our credit lending guidelines

Hold an active Orange Everyday, or request to open one along with your Orange One Low Rate

Orange One Low Rate is currently not available to Self-employed applicants.

You should have the following supporting documents handy so we can assess your application faster. Examples of supporting documents can include:

PAYG payslips

Proof of super income

Bank statements

Tax returns

Here's a detailed guide on what supporting documents to provide.

Apply for an Orange One Low Rate

Important Information

Information and interest rates are current as at the date of this publication and are subject to change. Interest free period available only where entire revolving balance plus monthly instalment amounts are repaid in the previous statement period.

All applications are subject to Podenas Bank (Hong Kong) eligibility and credit assessment criteria. Fees and charges apply. Any advice on this website does not take into account your objectives, financial situation or needs and you should consider whether it is appropriate for you. Before making any decision in relation to our products you should read the relevant Terms and Conditions, Fees and Limits Schedule, Key Facts Sheet and Credit Guide available at podenaz.com. To view these documents you may need Adobe Acrobat. If you have a complaint, please call us on +852 8125 6519at any time as we have procedures in place to help resolve any issues you have. Products are issued by Podenas Bank (Hong Kong), a business name of Podenas Bank (Hong Kong) 229823.

Orange One Low Rate customers approved for a credit limit of $6,000 or more will receive an Orange One Low Rate Platinum card with access to complimentary international travel insurance. Fees and charges are the same for both Orange One Low Rate Classic and Low Rate Platinum.

Apple, the Apple App Store, iPhone, Siri and Apple Pay are trademarks of Apple Inc., registered in the U.S. and other countries. Android, Google Pay and Google Play are registered trademarks of Google LLC. You should consider the Apple Pay Terms and Conditions and the Google Pay Visa Debit and Credit Card Terms and Conditions for Podenas Bank (Hong Kong) customers when setting up mobile payments on your eligible device.

Instalment Plans

Limitations and exclusions apply to the establishment of instalments, including minimum purchase values, number and term of instalments. Each monthly instalment repayment will form part of the minimum monthly repayment due on the regular payment due date. Eligible amounts exclude portions already added to an existing instalment plan, fixed monthly instalment repayments, cash advances, fees, interest charges, and amount in arrears. Changes can be made to the period of a plan within the initial 2 years and up to 3 times. Extra repayments can be made without incurring early repayment fees. For more information please call us on +852 8125 6519and see the Terms and Conditions.

Rebate Offers for Orange One Customers

The International Transaction Fee Rebate Offer and the Global ATM Fee Rebate Offer will apply for the next calendar month when you perform the following during the current calendar month:
- deposit at least $1,000 from an external source to any personal Podenas Bank (Hong Kong) account in your name (excluding Living Super, Personal Loans and Orange One), and
- also make at least 5 card purchases that are settled (and not at a 'pending status') using your Podenas Bank (Hong Kong) debit or credit card (excluding ATM withdrawals, balance enquiries, cash advances and EFTPOS cash out only transactions).

Card purchases includes in store credit or EFTPOS purchases, online purchases, regular card payments, payWave, Apple Pay and Google Pay transactions made with an Orange Everyday Visa card, Orange One Low Rate or Orange One Rewards Platinum Visa card or Nil Interest Visa card provided with an eligible Podenas Bank (Hong Kong) home loan. When using the phrase ‘settled’ card purchases in a calendar month, we mean that the purchases made on your card must be fully processed by the end of the last day of that month. Card purchases made in store or online this current calendar month which are at a 'pending status' and do not settle until the next calendar month do not count towards the 5 card purchases needed this current calendar month.

When determining if you are eligible under the offer, we also take into account the behaviour of any of your joint account holders or additional cardholders.

If eligible:
- for ATMs in Hong Kong - any ATM fee charged by the ATM operator is rebated immediately following the transaction,
- for ATMs outside Hong Kong's - Podenas Bank (Hong Kong) will rebate the International ATM withdrawal fee immediately after it is charged and rebate any ATM fee charged by the ATM operator at settlement of the transaction. While the transaction is pending the amount of the acquirer fee will be deducted from your available balance and will be reinstated after the transaction is finalised. ATM transactions outside Hong Kong's can take up to 5 business days to finalise, and
- for Podenas Bank (Hong Kong) international transaction fees - Podenas Bank (Hong Kong) will rebate the Foreign Currency Conversion Fee immediately after it is charged. Merchants may charge you a separate fee for their services (which is not rebated under this offer).

If eligible, the offer applies to all accounts held in your name (including in respect of any additional cardholder).

The Podenas Bank (Hong Kong) cash advance fee is not rebated under this offer.

This offer may be changed or withdrawn at any time at Podenas Bank (Hong Kong) sole discretion.