Macquarie Credit Union Visa Credit Card

Macquarie Credit Union Visa Credit Card

Card features
balance transfer
purchase rate
annual fee
Macquarie Credit Union Visa Credit Card
Macquarie Credit Union Visa Credit Card
6.95% p.a. rate for the first 6 months on balance transfers.
Up to 55 days days on purchases interest free and 6.95% p.a. for 6 months on purchases.
Low $30 p.a. annual fee.
Add to comparison
6 months
6.95% p.a.
then 12.99%
6 months
6.95% p.a.
then 12.99%

Pros & cons

What's good?

What's not so good?

Get 6 months at 6.95% p.a. on purchases, reverting to a low ongoing rate of 12.99% p.a.
Balance transfers are charged at 6.95% p.a. for a period of 6 months.
Cash advances are just 6.95% p.a. for 6, which is very competitive.
The $30 p.a. annual fee is extremely low.
Add up to 3 additional card holders for $0 p.a. each.
There are much more competitive balance transfer offers available that charge less interest and last longer.
The whichever is greater $20 or 5% minimum repayment is higher than usual, which is worth noting. Depending on your viewpoint, this may not actually be a negative feature as it means you will repay your balance faster.
Disclaimer: Reviews rely upon third party information that may not be correct or may be changed without Credit Card Compare’s knowledge. You must carefully consider your own circumstances before making any commitments and confirm all offers and terms with credit card providers before accepting them. Please refer to our T&Cs for more.

The basics

About this card

Card setup
Card tier
Card type
Card use
Credit rating
Gambling transactions allowed
Joint application
Minimum age
18 years old
Minimum income
Minimum income for pensioners
Same as standard
Rewards program
Temporary residents


Additional cardholders
Additional card fee
$0 p.a.

Credit limits

Minimum credit limit
Maximum credit limit


Interest charged from
Interest free period
Up to 55 days days on purchases
Minimum repayment
whichever is greater $20 or 5%

Balance transfers

The offer

Interest ratePeriodFeeLimitRevert rate
Balance transfers6.95% p.a.6 monthsNoneN/A12.99% p.a.

Balance transfers to this card

Balance transfer earns rewards
Balance transfer fee payment due
First statement
Balance transfer from personal loan
Balance transfer processing time
10 - 14 days
Interest free days with unpaid balance
0 days
Maximum balance transfer
Available to existing customers

Banks you can't balance transfer from

You can't balance transfer to the Macquarie Credit Union Visa Credit Card at the promotional balance transfer rate from:

    Rates & fees

    Promotional interest rates

    Interest ratePeriodFeeLimitRevert rate
    Balance transfers6.95% p.a.6 monthsNoneN/A 12.99% p.a.
    Purchases6.95% p.a.6 monthsN/AN/A 12.99% p.a.

    Ongoing interest rates

    Cash advances 1.13% 13.54% p.a.
    Purchases 1.08% 12.99% p.a.


    Annual fee
    $30 p.a.
    Cash advance fee
    Dishonour fee
    Duplicate statement fee
    Foreign exchange fee
    Late payment fee
    Over limit fee
    Overseas ATM balance fee
    Overseas ATM withdrawal fee
    Overseas emergency card replacement fee
    Transaction verification fee

    Minimum criteria for this card

    What you need before applying

    Be over 18 years old
    You are a resident or citizen of Australia
    You have your personal details ready to complete the online application
    Have not applied for multiple credit cards recently
    Age Pension, Disability Pension and Veteran's Pension are acceptable.
    Child Support Payments is acceptable.
    Joint applications are not allowed
    Overseas Pension and Widower's Pension are not acceptable.
    Austudy, Carer's Allowance, Family Tax Benefits and Parenting Payments, Foster Care Allowance and Youth Allowance are not acceptable.
    Disclaimer: The minimum criteria are intended only to be a guide. Your application may still be rejected by the bank even if you can answer 'Yes' to all the minimum criteria. The final decision regarding your application is up to the bank.

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