Important disclosure
Pros and cons
For Rewards Card
Benefits
- Lower than average ongoing variable purchase rate
- Rewards Available through Summerland Cashback Rewards
- $0 annual fee in the first 12 months and $79 p.a thereafter.
- Free supplementary cards
Summerland Credit Union Rate Credit card overview
For Rewards 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 $50k |
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 $79 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 18.99% p.a |
Cash advance rate 20.49% p.a |
Cash advance fee 3% or $3.5 |
Balance Transfer
Balance Transfer Rate Balance Transfer Rate 0% p.a for up to 12 months, then 18.99% |
Transfer Limit $50k max card limit |
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 Summerland Cashback Rewards |
Rewards Available Cash Back |
Eligibility
Minimum age 18 |
Minimum income |
Eligibility conditions |
Residency |
Earn Rates
Rate | Card Type | Earns | Condition |
---|---|---|---|
0.5 points for $1 spent | Visa | Up to 100k points annually | eligible purchases |
Perks
- FREE SUPPLEMENTARY CARDS