Important disclosure
Pros and cons
For Low Rate Card
Benefits
- Ongoing variable purchase rate ranked in the best 20%
- $0 annual fee in the first 12 months and $49 p.a thereafter.
- Lower than average annual fee
- Free supplementary cards
Drawbacks
- No reward program
Summerland Credit Union Rate Credit card overview
For Low Rate Card
Details
Card Level Standard | Card Type Visa |
Interest Free Days Interest Free Days 55 | Minimum monthly repayment 2.5% or $20 |
Minimum credit limit $1k | Maximum credit limit No set max |
Free supplementary cards | Instant Approval |
Target Market Determination Visit Summerland Credit Union to view Target Market Determination. |
Fees
Annual Fee Annual Fee $0 for 12 months then $49 thereafter | Annual Fee Spend Waiver |
Supplementary card annual fee $0 | Late Payment Fee $0 |
Over limit fee $0 | Duplicate statement fee $2 |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate Purchase Rate 11.99% p.a |
Cash advance rate 15.99% p.a |
Cash advance fee 3% or $3.5 |
Balance Transfer
Balance Transfer Rate Balance Transfer Rate 0% p.a for up to 9 months, then 11.99% |
Transfer Limit No set max |
Balance Transfer Fee |
Overseas spending
Foreign Exchange Fee 3% on Visa |
Overseas charges Overseas charges $3.5 |
Estimated ATM Cost $12.5 for AU $300 withdrawal |
Rewards
Program name |
Rewards Available |
Eligibility
Minimum age 18 |
Minimum income |
Eligibility conditions |
Residency |
Perks
- FREE SUPPLEMENTARY CARDS