Bankstown City Credit Union Credit Cards

BCCU-Bank

BCCU offers two credit cards that find global acceptance and both come with their own share of benefits.

The Bankstown City Credit Union (BCCU) began operations in 1965 to cater to staff of the Bankstown City Council. As with other credit unions, BCCU does not have shareholders, so all the profits earned go towards offering members lower fees, better interest rates, personalised service and improved products. The array of financial products and services BCCU offers include home and personal loans, savings and investment accounts, insurance solutions, financial planning advice, and not to forget, credit cards.

Types of credit cards that BCCU offers

BCCU, in conjunction with MasterCard, give you the option to choose between two types of credit cards. Both of these cards let you make purchases in the physical world, the online world and over the phone.

  • Low rate credit card

    A low rate credit card gives you the ability to access funds as and when you need them, and it typically attracts a low interest rate when compared to rewards, platinum, or premium credit cards. The BCCU Low Rate credit card, in addition to offering a low interest rate, also gives you the ability to get up to 55 interest-free days on purchases. If you apply before a certain date, you can keep paying a discounted annual fee for the life of the card. Applying before this date also lets you take advantage of a special introductory rate for balance transfers.

Rates last updated December 9th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
ANZ Low Rate Platinum Credit Card
$250 Back plus 0% p.a. for the first 6 months on purchases from approval.
0% p.a. for 6 months (reverts to 13.49% p.a.) $99 p.a. Go to site More info
NAB Low Fee Card
Enjoy a low introductory rate of 0% p.a. on balance transfers and purchases for 15 months.
0% p.a. for 15 months (reverts to 19.74% p.a.) 0% p.a. for 15 months with a one off 3% balance transfer fee $30 p.a. Go to site More info
ME Bank frank Credit Card
A low interest rate on purchases and cash advances with no annual fee charge.
11.99% p.a. $0 p.a. Go to site More info
American Express Essential Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card. Also enjoy a 0% p.a. balance transfer rate for 12 months.
14.99% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 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
St.George Vertigo Visa
Introductory offer of 0% p.a. for 18 months on balance transfers and 1% p.a. for 12 months on purchases, plus a low annual fee.
1% p.a. for 12 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. Go to site More info
Westpac Low Rate Card
A simple low interest rate card featuring a low ongoing rate on purchases, up to 55 days interest-free on purchases and a low annual fee.
1% p.a. for 12 months (reverts to 13.49% p.a.) 0% p.a. for 16 months $59 p.a. Go to site More info
St.George Vertigo Platinum
A platinum card with a balance transfer offer of 0% p.a. for 18 months and an introductory purchase offer of 1% p.a. for 12 months with an annual fee waiver for the first year.
1% p.a. for 12 months (reverts to 12.74% p.a.) 0% p.a. for 18 months $99 p.a. Go to site More info
Coles Low Rate MasterCard
A low rate MasterCard with a competitive rate on purchases and a low annual fee.
12.99% p.a. 0% p.a. for 6 months $49 p.a. Go to site More info
Bank of Melbourne Vertigo Visa Credit Card
Enjoy a low annual fee combined with 0% p.a. balance transfer offer for 18 months and 1% p.a. for up to 12 months on purchases.
1% p.a. for 12 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. Go to site More info

Learn more about Low Rate Credit Cards

  • Platinum credit card

    If you’re looking for a credit card that offers complimentary insurance covers and access as well as round-the-clock concierge service, a platinum card might be an option for you. The MyCard Platinum MasterCard that BCCU offers delivers on both counts, and it also gives cardholders the means to earn reward points when the make purchases. As with the low rate card, you can keep paying a discounted annual fee for the life of this card as long as you apply before the given date.

Rates last updated December 9th, 2016
Rewards Points per $ spent (AMEX) Rewards Points per $ spent (VISA/MC) Bonus Points Annual fee
ANZ Low Rate Platinum Credit Card
$250 Back plus 0% p.a. for the first 6 months on purchases from approval.
$99 p.a. 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.
0 1 $149 p.a. Go to site More info
NAB Qantas Rewards Premium Card - Exclusive Offer
Get 75,000 bonus Qantas Points plus enjoy a low promotional offer of 4.99% p.a. for 6 months on balance transfers.
1.5 0.5 75,000 bonus points $250 p.a. Go to site More info
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Earn bonus Velocity Points in the first 3 months and a low 0% p.a. for 18 months on balance transfers. Receive a free Virgin Australia $129 Gift Voucher each year. Available from mid-2016.
0 0.66 $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
ANZ Platinum Credit Card - Exclusive Offer
Receive a low introductory offer of 0% p.a. on purchases for 3 months and 0% p.a. on balance transfers for 12 months. Also, enjoy an annual fee waiver in the first year.
0 0 $0 p.a. annual fee for the first year ($87 p.a. thereafter) 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.
0 1 60,000 bonus points $199 p.a. Go to site More info
St.George Vertigo Platinum
A platinum card with a balance transfer offer of 0% p.a. for 18 months and an introductory purchase offer of 1% p.a. for 12 months with an annual fee waiver for the first year.
0 0 $99 p.a. Go to site More info
Citi Rewards Credit Card - Platinum Card
Enjoy a long term balance transfer offer and earn 1.25 Citi Reward Points on per $1 spent for all domestic purchases.
0 1.25 $199 p.a. annual fee for the first year ($249 p.a. thereafter) Go to site More info
American Express Platinum Edge Credit Card
Receive 10,000 Membership Rewards Bonus Points when you meet the minimum spend requirement. Enjoy a $200 travel credit every year and get 0% p.a. for 12 months on balance transfers.
1 0 10,000 bonus points $195 p.a. Go to site More info
Bank of Melbourne Vertigo Platinum
A platinum card with a low balance transfer offer of 0% p.a. interest for 18 months and 1% p.a. for 12 months on purchases combined with complimentary insurance covers.
0 0 $99 p.a. Go to site More info
Learn more about Platinum Credit Cards

Benefits of banking with BCCU

Certain benefits that BCCU cards come with definitely deserve your attention. Here are some of the details to know:

  • Complimentary insurance covers

    The MyCard Platinum MasterCard offers cardholders complimentary international travel insurance, purchase cover insurance, interstate flight inconvenience insurance, transit accident insurance and protection through the guaranteed pricing scheme. Low Rate cardholders receive complimentary covers through purchase cover insurance and a guaranteed pricing scheme.

  • Earn rewards

    If you have the MyCard Platinum MasterCard you stand to earn 1.25 reward points for every dollar you spend when making eligible purchases. You can redeem your reward points for travel tickets or holidays, to buy merchandise, or in the form of cashback.

  • Platinum concierge service

    As a MyCard Platinum MasterCard cardholder, you can access the platinum concierge service to book movie or show tickets or to book tables at restaurants just about anywhere in the world.

  • Personal service

    BCCU takes pride in the level of service it offers, which includes providing information, assistance, and customer care. You can get in touch with a BCCU representative by visiting their branch or speak to one over the phone. In certain situations, you can even expect a mobile lender to visit you.

  • Balance transfers

    Both BCCU credit cards come with special introductory rates for balance transfers, so you can think about transferring balances from existing credit cards that attract high interest rates to your new card. The BCCU Low Rate credit card offers a discounted balance transfer rate that stays in place for 9 months, whereas the MyCard Platinum MasterCard offers a 0% p.a. rate for balance transfers that stays in place for 14 months. In both cases, any outstanding balance at the end of the introductory period starts attracting the card’s cash advance rate.

Applying for a BCCU credit card

You can apply for a BCCU credit card online, and to do so simply click on the ‘Go to Site’ button next to the credit card in question. Before you proceed, make sure you meet the required eligibility criteria, which include the following:

  • You are older than 18 years of age
  • You are a permanent resident of Australia
  • You have good credit rating
  • You meet the minimum income requirements, which stand at $35,000 p.a. for the platinum card and $25,000 p.a. for the low rate card

Completing the application requires you to enter a host of information:

  • Personal details - This includes your name, date of birth, driver’s license number, marital status, number of dependants, phone number, home address, and email address.
  • Financial details - Start by providing the name of the financial institution you currently deal with and your membership number. You also have to provide details surrounding your monthly income and expenses.
  • Professional details - In this section, you have to provide with your employment status, name and contact details of your employer, and the name and contact details of your accountant if you’re self-employed or retired.

What happens after applying?

After you submit your application it will be sent to the relevant department straightaway, and if BCCU requires any further information, a BCCU representative will contact you. Employed individuals can look forward to a quicker turnaround time if they inform their payroll department about BCCU’s income verification call ahead of time.

Once BCCU decides to grant you a credit card, if you’re not an existing BCCU member, you have to undergo an identity verification process. This is in accordance with Australian law. To complete these formalities you might have to visit a BCCU branch or you can mail in verified copies of the required documents.

Back to top

Frequently Asked Questions

People who wish to apply for BCCU credit cards often have questions, and here are answers to ones that are commonly asked.

How long does it take to complete the online application?

If you begin the application with all the required information at hand, it should take around 10 minutes.

Can I find out about the status of my application?

To find out about the status of your application all you have to do is call the BCCU contact centre.

What repayment options do I have?

You can make payments via electronic funds transfer through an Australian bank account. Alternatively, you can mail in a cheque or make payments via BPAY.

Can I apply for an increase in credit limit?

Yes, over time you can apply for an increase in your credit limit, but you have to satisfy BCCU’s credit criteria for approval.

Can I add additional cardholders to my account?

Yes, both BCCU credit cards allow you to add up to four additional cardholders to your account, free of charge.

Do I have to pay anything to join the rewards program?

No, when you get the MyCard Platinum MasterCard, you get free membership to the Card Services Rewards Program.

How do I earn reward points?

You earn reward points when you make eligible purchases using your MyCard Platinum MasterCard, and you earn 1.25 points for every dollar you spend. You don’t earn reward points for cash advances or balance transfers.

How do I redeem my reward points?

You redeem your reward points through the Card Services website. You can use your reward points to book flight tickets, use them for cashback, or choose from a wide range of merchandise and vouchers.

Do my reward points expire?

No, your reward points don’t expire as long as you credit card account remains active and in good standing.

Is there a cap on the number of reward points I can earn?

Yes, your MyCard Platinum MasterCard allows you to earn no more than 100,000 reward points in any 12-month period, which begins from the date you enrol in the program.

How can I find out how many reward points I have?

You can find this out by visiting the Card Services website, by calling BCCY directly, or by referring to your credit card statement.

Who can redeem my reward points?

The primary and the first additional cardholder have the authority to redeem reward points. In addition, you can give permission so other cardholders can also redeem these points.

What should I do if I lose my card?

If you wish to report a lost or stolen card, call BCCU as soon as possible.

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

American Express Essential Credit Card
American Express Essential Credit Card

Interest rate

14.99

Annual fee

0
ME Bank frank Credit Card
ME Bank frank Credit Card

Interest rate

11.99

Annual fee

0
HSBC Platinum Credit Card
HSBC Platinum Credit Card

Interest rate

19.99

Annual fee

149

Ask a Question

You are about to post a question on finder.com.au

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au 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 finder.com.au 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 finder.com.au privacy policy, receive follow up emails related to finder.com.au and to create a user account where further replies to your questions will be sent.

Ask a question
feedback