Bankstown City Credit Union Low Rate MasterCard – Rates & Fees

Information verified correct on January 19th, 2017

Get better value with a Bankstown City Credit Union Low Rate MasterCard

A low rate credit card can help you clear any credit card balances you may have and minimise how much you spend on your card each month.

The Bankstown City Credit Union Low Rate MasterCard is a basic low rate credit card. This means you pay a low annual fee of $75 p.a., and in return get a relatively low rate and a small number of extra perks.

Back to top

Benefits of the City Credit Union Low Rate Mastercard

  • Interest Free Period - When using your Bankstown City Credit Union Low Rate MasterCard for retail purchases, cardholders can enjoy up to 55 days interest free charges. Use this benefit to pay off your debt without having to spend money on interest. It should be noted that this feature doesn't apply if you carry a balance from month to month, or for cash advances or balance transfers.
  • Maximise your benefits by having additional cards - Up to 4 of your friends or family members can receive an additional card for free. Remember the primary cardholder has responsibility over these additional cards.
  • The option to have a high credit limit - You can get a credit limit of up to $15,000 with this card, or $30,000 with the Platinum MasterCard. Being approved for this limit will depend on the merits of your application.

Features of the City Credit Union Low Rate Mastercard

      • Flexible access to your account - You can manage your Low Rate MasterCard using Bankstown City Credit Union's online banking system. This means you can log on whenever and wherever you are.
      • Complimentary Purchase cover insurance - This complimentary policy is provided by Zurich and covers you in the event that you buy an item which is damaged, stolen or lost. There's a time frame in which you must lodge a claim, and there are other conditions which will apply, including an annual claim limit of ( for the Platinum Card).
      • Guaranteed pricing scheme Policy - This insurance policy covers you in the event you buy an item and then find it cheaper elsewhere. Remember there's conditions attached to this policy which may include you needing to supply a store catalogue providing proof of the cheaper item.
      • Low cost credit card - can be useful to many types of spenders who want the flexibility of a credit card without high annual fees or a loss of competitive balance transfer offers.
      Back to top

      How to apply for the Bankstown City Credit Union Low Rate Mastercard

      Residency and income requirements:

      Applicants must be at least 18 years of age and be a permanent resident of any state of Australia.  For approval in the Platinum MyCard program, you must meet the minimum salary requirement of $25,000 per year. Customers with higher income levels and stronger credit histories will be eligible for larger credit limits.

      You’ll need to provide the following information:

      • Existing credit card details
      • Government ID
      • Contact information
      • Employment details (weekly income after tax)
      • Financial information (personal assets, savings or investments)
      • Self-employed applicants will need to provide recent tax information.

      Visit Bankstown City Credit Union to apply for the Bankstown City Credit Union Low Rate Mastercard

      Back to top
Was this content helpful to you? No  Yes

Ask a Question

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the privacy policy, receive follow up emails related to and to create a user account where further replies to your questions will be sent.

Credit Cards Comparison

Rates last updated January 19th, 2017
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info
NAB Low Rate Credit Card
The NAB Low Rate Card offers 0% p.a. on purchases and balance transfers for 15 months. This card also comes with a low annual fee.
0% p.a. for 15 months (reverts to 13.99% p.a.) 0% p.a. for 15 months with a one off 3% balance transfer fee $59 p.a. Go to site More info
HSBC Platinum Qantas Credit Card
Receive 60,000 bonus Qantas Points on eligible spend within 3 months. Enjoy access to premium benefits and complimentary insurance.
19.99% p.a. $199 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

Ask a question