Coastline Visa Business Rewarder Credit Card Review | finder.com.au
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Coastline Visa Business Rewarder Credit Card

Sally McMullen
Sally McMullen
Last updated:  

Let your business be rewarded for spending, but still enjoy up to 55 days interest-free on purchases.

The Coastline Visa Business Rewarder Credit Card comes linked to a rewards program that offers great freedom when it comes to redeeming reward points.

17% p.a.

Purchase rate

$75 p.a.

Annual fee

55 days

Interest free period

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Details

Product NameCoastline Business Visa Rewarder Credit Card
Rewards programRewarder Rewards Program
Purchase rate17% p.a.
Annual fee$75
Interest-free periodUp to 55 days on purchases
Cash advance rate17% p.a.
Min credit limit$500
Card typeVisa
Foreign currency conversion fee3.65%
Available to temporary residentsNo
Joint applicationNo

Pros

  • $10 monthly fee will be waived if you maintain a monthly membership balance of $10,000 or more.
  • $75 annual fee will be waived if you spend more than $20,000 per year.

Cons

  • Does not offer complimentary travel insurance
Rewards programRewarder Rewards Program
Bonus pointsN/A
Annual fee$75
Minimum monthly repayment$20 per transaction
Late payment fee$25
Foreign currency conversion fee3.65%
Cash advance fee3.5%
Overseas ATM withdrawal fee$5

Expert review

Sally McMullen

Review by

Sally McMullen is a creative content producer at Finder. Sally has written about credit cards for almost 5 years, authoring almost 900 articles on Finder alone. She has also been published in Yahoo Finance, Dynamic Business, Financy and Mamamia, as well as Music Feeds and Rolling Stone. Sally has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.

Expert review

This Coastline Visa Business credit card charges a competitive interest rate of 17% p.a. What helps is that this rate applies to both purchases and cash advances, so you don’t end up paying more interest when you need to withdraw cash. The rewards program does not impose limitations on how you redeem your reward points, allowing you to turn to any EFTPOS terminal to redeem.

How to apply

You can apply for the Coastline Visa Business Rewarder card by submitting an online enquiry, or by visiting any Coastline Credit Union branch. The following eligibility criteria will apply:

Eligibility criteria

  • Residency. You should be a permanent resident of Australia.
  • Age. You must be at least 18 years old to apply.

Card benefits

  • Rewards program. Making business purchases using the Business Rewarder Credit Card makes sense because every time you make an eligible purchase you earn reward points. Unlike most other reward programs that limit how members can redeem their points, the Rewarder program gives you the ability to use your reward points to make regular purchases at any merchant in Australia that accepts EFTPOS payments.
  • Monthly and annual fee waiver. You don’t have to pay any annual fee if your annual spending exceeds $20,000. If you maintain a combined monthly balance of $10,000 or more in your Coastline savings, investment, and loan accounts, you can look forward to a monthly fee waiver.

Rates & fees

  • Monthly and annual fee. This card attracts nominal monthly and annual fees, which stand at $10 and $75, respectively. By reaching the minimum spend thresholds you can look forward to a waiver of both.
  • Interest-free days. By paying your account’s closing balance completely at the end of each billing cycle, you can get as many as 55 interest-free days on purchases.

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