A summary of all the features of the Credit Union Rewards MasterCard is shown below so
that you can easily compare both cards and decide which one is right for you.
Introductory Balance Transfer Rate: 3.9% ^ for the first 6 months of balance transfer
|
Rewards
MasterCard |
Qantas Rewards
MasterCard |
Annual Membership Fee |
$90 |
$118 |
Additional Card Fee |
$15 each (up to 4) |
$15 each (up to 4) |
Balance Transfers |
|
 |
Interest Free Days |
Up to 55 days º |
Up to 55 days º |
Everyday Interest Rate |
19.74% p.a. |
19.74% p.a. |
Cash Withdrawal Rate |
20.49% p.a. |
20.49% p.a. |
Credit Limits § |
$5,000 - $25,000 |
$5,000 - $25,000 |
Minimum income requirement |
$35,000 p.a. |
$35,000 p.a. |
Annual Rewards Fee |
Nil |
Nil |
Rewards Point Earn |
1 point for $1 spent (no expiry)
up to 60,000 annually
|
1 point for $1 spent (no expiry)
up to 60,000 annually
|
|
Take Flight point redemption ± |
|
|
Earn Qantas
Frequent Flyer Points† |
 |
|
Fraudshield |
|
|
Purchase Cover up to $100,000 # |
|
|
Free International Travel Insurance |
|
|
ATM & EFTPOS access |
|
|
| Fee details |
|
|
Over Limit Fee |
$40 charged once per month on statement date. |
Cash Advances |
Local: $2.70 (or 2.70% of amount when >=$100) for each advance
Foreign: $5.00 for each advance outside Australia |
Over the Counter Payments
at Australia Post |
$2 per payment |
Late Charge |
$10 is charged if the Total Payment Due is not paid on or before the Payment Due Date on your monthly statement, and every 7 days thereafter until the Total Payment Due is paid. |
Dishonour Fee |
$25 for any cheque or Easi-pay authority which is not honoured in full. |
Transaction Voucher Request Fee |
$10 for each requested sales voucher or other transaction record. |
Foreign Exchange Conversion fee |
3.4% of the transaction value when converted into $AUD. |
Apply by picking up an application form at your Unicredit branch
Final approval of your MasterCard® application will be subject to satisfyingCard Services Credit Criteria. Fees and charges apply. Terms and conditions apply and are available upon request.
This website may contain general advice which doesn’t take into account your individual objectives, financial situation or needs. You should consider the relevant financial product’s “Product Disclosure Statement” before making a decision about any financial product.
All rewards are subject to the Terms and Conditions of the Card Services Rewards Program. Reward points are not earned on cash advances, special promotions or balance transfers. Reward points never expire while the account remains open.
^ The promotional rate of 3.9% p.a. applies only to balances transferred with this offer for a period of six months from account approval. Transferred balances will be repaid first. Outstanding balances at the end of the promotional period will revert to the cash advance interest rate. Any retail purchase transactions made other than with this offer are at the standard Rewards credit card rate, currently 19.74% p.a. for retail purchases and 20.49%p.a. for cash advances which is variable, subject to change and Card Services credit criteria. Interest rate last updated 7 April 2011. Offer is not available to existing MasterCard Cardholders of this Credit Union or holders of Credit Cards issued by Citigroup. Balance transfers cannot be used to pay off any other product with this Credit Union. Card Services may check employment details/income with your employer or accountant named on your application. Upon approval of your Credit Card we will notify you of how to meet the identification procedure as required by law.
º The maximum 55 days interest free period applies when you pay your balance off in full for two consecutive months. If you carry a balance on your credit card from month to month the 55 days interest-free period does not apply and you are charged interest once you make a purchase. No interest free period is available on Cash Advances or Balance Transfers.
§ Actual Credit Limit will be assigned based on Card Services’ credit criteria.
# Purchase Cover Insurance and International Travel Insurance are provided automatically to cardholders under a master agreement between Zurich Australian Insurance Limited ABN 13 000 296 640, AFSL No. 232507 and Citigroup Pty Limited, and is subject to Terms and Conditions and exclusions available at www.cardservicesdirect.com.au. An excess applies to Purchase Cover Insurance.
† Subject to the Terms and Conditions of the Card Services Qantas Rewards Program. Membership of Card Services Qantas Rewards does not entitle you to membership of the Qantas Frequent Flyer program. You must apply separately to Qantas for this. Once Qantas Frequent Flyer points have been credited to your Qantas Frequent Flyer account they cannot be reversed.
You must be a member of the Qantas Frequent Flyer program in order to earn or redeem Qantas Frequent Flyer points. Membership and points of the Qantas Frequent Flyer program are subject to the terms and conditions of that program. A joining fee applies.
± Take Flight is operated by Pinpoint Travel Group Pty Ltd. Licence No. 2TA002974.
MasterCard® is the registered trademark of MasterCard® International Incorporated.
© 2011 Card Services is a division of Citigroup Pty Limited ABN 88 004 325 080, AFSL 238098, ACL 238098, Australian Credit Licence 238098 which provides and administers credit.
