Illawarra CU Low Rate Mastercard

On website

Illawarra CU Low Rate Mastercard

Balance transfer

N/A

Purchase rate

8.99% p.a. ongoing

Annual fee

$50.00 p.a. ongoing

Highlights

  • Benefit from a low annual fee of just $50 p.a., waived in the first year.
  • Enjoy a low purchase rate of 8.99% p.a.
  • Get up to 45 days interest-free on purchases.

Pros and cons

Pros

  • Compatible with Apple Pay, Google Pay, and Samsung pay.
  • Annual fee of $50 is waived in the first year.
  • Up to 45 days interest-free on purchases.
  • Credit limits range from $500 to $25,000.

Cons

  • No balance transfer offer at present.
  • There is a 3% overseas transaction fee.

Our review

Convenience

Customer service

Rates and fees

Rewards

Trust

The basics

  • Additional cardholders. Add a secondary cardholder for free.
  • Digital wallets. Compatible with Apple Pay, Google Pay, or Samsung Pay.
  • Gambling transactions. This card cannot be used for gambling-related transactions, which are blocked.

Rewards and benefits

  • Complimentary travel insurance. The Illawarra CU Low Rate Mastercard does not include complimentary international travel insurance.
  • Concierge services. The Illawarra CU Low Rate Mastercard does not offer cardholders access to a concierge service.
  • Insurances. Cardholders get fraud protection, purchase protection, price protection, and repayment insurance.
  • Rewards points. This credit card does not have a rewards program.
  • Sign up bonus. Illawarra CU does not offer any sign up bonuses for this card.

Rates and fees

  • Annual fee. The annual fee for this card is $50 and is waived in the first year.
  • Balance transfers. There is no current balance transfer offer on the Illawarra CU Low Rate Mastercard.
  • Cash advances. If you make a cash advance using this card, Illawarra CU will apply the 15.88% p.a. interest rate immediately from the transaction date. Transactions classed as cash advances on this card will also incur a fee.
  • Foreign exchange fee. Purchases made in a foreign currency, either from an online store based overseas or while overseas, will incur a 3% fee.
  • Interest-free period. With the Illawarra CU Low Rate Mastercard, you can enjoy up to 55 days interest-free on purchases (excluding cash advances) when you pay off your balance in full or make the minimum required payment.
  • Purchases. There is no introductory offer on purchases. All purchases made with this card will attract interest at the competitively low rate of 8.99% p.a.

account

Reviewed by Credit Card Compare Staff

User reviews

Convenience

Customer service

Rates and fees

Rewards

Trust

This product has not been reviewed yet. Click here to write your review and help others make a better decision.

This credit card is listed in these comparisons