Community First Bank Credit Cards

Community First Bank offers three low rate credit cards and a no interest card. With promotional low rates, competitive annual fees and interest-free days, these cards could suit cardholders who want to reduce their card costs. While the cards offer similar features, the Community First Low Rate Pink credit card donates 50% ($20) of the annual fee to fund McGrath Breast Care Nurses in communities across Australia.

You can compare your Community First Bank credit card options below.

Comparison of Community First Bank credit cards

Name	Purchase rate p.a.	Bonus points	Points per $ spent	Interest-free period	Balance transfer rate p.a.	Annual fee
Community First Low Rate Pink credit card	Purchase rate p.a. 8.99%	Bonus points N/A	Points per $ spent N/A	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. 0% for 6 months, then 8.99%	Annual fee $40	More Info Compare	A basic low rate, no-frills credit card with up to 55 days interest-free that donates half of the card's annual fee to the McGrath Foundation.
Community First Low Rate Credit Card	Purchase rate p.a. 8.99%	Bonus points N/A	Points per $ spent N/A	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. 0% for 6 months, then 8.99%	Annual fee $40	More Info Compare	Save with 8.99% p.a. interest on purchases, balance transfers and cash advances. Plus, a 0% balance transfer offer.
Community First Low Rate Blue credit card	Purchase rate p.a. 8.99%	Bonus points N/A	Points per $ spent N/A	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. 0% for 6 months, then 8.99%	Annual fee $40	More Info Compare	Offers a 0% p.a. balance transfer rate for 6 months and donates half of the card's annual fee to the Prostate Cancer Foundation.
Community First n0w Credit Card	Purchase rate p.a. 0%	Bonus points N/A	Points per $ spent N/A	Interest-free period	Balance transfer rate p.a.	Annual fee $0	More Info Compare	Pay 0% p.a. interest on purchases and cash advances, with a monthly fee based on your credit limit instead.

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Types of credit card products from Community First Bank

• Low rate credit cards

Both of the Community First Bank cards can be categorised as low rate credit cards. The Community First Low Rate Pink credit card and Community First Low Rate Credit Card both offer a competitive rate of 8.99% p.a. on purchases, balance transfers and cash advances. Cardholders can also cut costs with up to 55 interest-free days on purchases. Both cards have an annual fee of $40.

Benefits of banking with Community First Bank

• Support the McGrath Foundation

The Community First Low Rate Pink credit card is one of the few credit cards on the market that is linked with a charity. When you use the Community First Low Rate Pink credit card, half of your annual fee ($20) will be donated to the McGrath Foundation each year.

• Worldwide access

Cardholders can use the card for cash advances or retail purchases wherever Visa cards are accepted.

• Single interest rate

Interest rates and cash advance rates are usually different, but cardholders will receive the same competitive interest rate on all transactions made with a Community Union Credit Card. This helps in easy management of repayments and also ensures that customers are not charged exorbitant rates on cash advances.

• Visa benefits

As Visa products, these cards can be used anywhere Visa is accepted worldwide. It also means that both cards are payWave enabled for contactless payments for up to $100.

• Low annual fee

These cards have a low annual fee of $40.

• Additional cards

Cardholders can request for an additional card at no extra cost.

How to apply for a Community First Bank credit card

You can apply for a Community First Bank credit card online. Make sure you meet the following eligibility requirements and prepare the necessary information before you apply:

Eligibility criteria

• Age. You must be at least 18 years of age.
• Resident. You must be an Australian citizen or a permanent resident of Australia.
• Credit rating. You must not have a history of debt defaults and must not be bankrupt.

Required documents and information

• Personal details. You need to provide your name, email address, phone number, marital status, current and previous address and date of birth.
• Income details. You need to show your income sources.
• Asset details. Details of assets including real estate, vehicle, savings and investment have to be provided.
• Expense details. Details about expenses are needed. This also includes existing loans, credit cards, store cards and other debt details.

Community First Bank offers two low rate options that could suit many Australian cardholders. As there are many other low rate products on the market, though, it's wise to compare your options before you apply.

Frequently asked questions

• Is the Community First Low Rate Pink credit card only for Community First members?

  To become a member of Community First, you need to open a new account or become a signatory to one of their accounts. If you apply for a Community First Low Rate Pink credit card, you will automatically become a member of Community First.

• How quickly can I complete the application?

  The online application can be completed in as little as 10 minutes. If you’re approved, it usually takes one to two weeks before the card is ready to be collected or arrives in the mail. The card will need to be activated before it can be used — this can be done over the phone.

• How do I know if my application has been successful?

  Once you complete an application for the Community First credit card, you will be contacted within minutes of completing the online application to verify the status of your application. If this is not the case, get in touch with Community First on 1300 13 22 77.

  You will be contacted by phone from the Community First Bank upon a successful application.

• How do I activate my credit card?

  Before you start using your Community First credit card you will need to activate it. To activate your card, log onto your credit cards internet banking facility or call Community First directly on 1300 13 22 77.

• How is interest charged to my card

  The interest rate as with most credit cards is calculated on a daily basis. It will be charged to your account monthly.

• How much will I need to repay?

  You'll need to pay a minimum of 3% of your total amount or $20 (whichever is greater) by the due date detailed on your statement each month.

• What repayment options do I have?

  You can make automatic transfers from savings and transaction accounts that you hold with other banking institutions, and you can make payments via online and phone banking. You can make payments by visiting a Community First financial services store, and you can also make payments via BPAY.

• What credit limit might I get and can I ask for an increase later?

  The minimum and maximum credit limits of these cards are $500 and $15,000, respectively. You can request an increase in your card’s credit limit later, but you have to meet certain criteria to qualify.

• How often do I receive a credit card statement?

  Community First Bank dispatches credit card statements on a monthly basis. You can request a duplicate statement by calling the Credit Union at 1300 13 22 77. If you use online banking or telephone banking you can also access your statements for convenience.

• How can I add an additional cardholder?

  You can elect to add an additional card to the account, for any individual aged over 18 years. You can do so over the phone, online, or by visiting a Community First financial services store.

  The primary cardholder is liable for all spending on the account and the credit limit is shared between the primary and additional cardholders.

• What should I do if I lose my card?

  To report a lost or stolen card during business hours you should call Community First Bank on 1300 13 22 77 as soon as possible. When calling after hours, you should call the Visa hotline.