Illawarra Credit Union Low Rate Blue Credit Card

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Balance transfer rate for 12 months with no balance transfer fee: 0% p.a.
Purchase rate: 8.99% p.a.
Annual fee: $50 p.a.
Interest-free on purchases: Up to 55 days

Our verdict

Enjoy low rates on your credit card transactions and a 0% balance transfer offer, all while supporting a charitable cause.

The Illawarra Credit Union Low Rate Blue offers the rare combination of support for a charitable cause and low-cost credit card features. In this case, half of your $50 annual fee goes to the PCFA’s efforts to reduce the impact of prostate cancer on people diagnosed with it, as well as their families and others affected by it.

What’s more is that the annual fee is already very competitive with other low rate credit cards, and so is the low 8.99% p.a. interest rate. Plus, the card gives you access to Internet and mobile banking and can be used for contactless payments through Apple Pay, Samsung Pay and Google Pay.

Pros

A low annual fee of $50 p.a. of which half is donated to the Prostate Cancer Foundation
0% p.a. for 12 months on balance transfers, with no BT fee
Same low interest rate for purchases, balance transfers and cash advances

Cons

No rewards program linked to this credit card
Charges a 3% international transaction fee

The Illawarra Credit Union Low Rate Blue helps raise money for the Prostate Cancer Foundation of Australia (PCFA) by donating half of the $50 annual fee to the foundation. This card also charges a competitive 8.99% p.a. interest rate on purchases, cash advances and balance transfers.

Details

Product details

Product Name	Illawarra Credit Union Low Rate Blue Credit Card
Balance transfer rate p.a.	0% for 12 months, then 8.99%
Purchase rate p.a.	Purchase rate p.a.8.99%
Interest-free days	Up to 55 days on purchases
Cash advance rate p.a.	8.99%
Min credit limit	$500
Card type	Visa

Eligibility

Available to temporary residents	No
Joint application	No

Rewards

Bonus points

N/A

Fees

Annual fee	$50
Minimum monthly repayment	3% of the closing balance or $20, whichever is greater
Late payment fee	$25
Foreign currency conversion fee	3%
Cash advance fee	$2
Overseas cash advance fee	$5
Overseas ATM withdrawal fee	$5
Additional cardholder fee	$0

How to apply

Apply online for the Illawarra Credit Union Low Rate Blue Credit Card by completing the secure form on the Illawarra Credit Union website. Before you start, check that you meet the eligibility requirements and have all the necessary documents and details ready.

Before you apply, make sure that you meet the eligibility requirements and have all the required documents and details on hand.

Eligibility criteria

Australian residency status. You must be an Australian citizen or permanent resident if you want to apply for this card.
Income. You must earn a regular income and have been in your current job for more than six months.

Credit history. To apply for this card, you must have an acceptable credit score (also referred to as a "credit risk profile" by Illawarra Credit Union). You also must not be an undischarged bankrupt or have a history of outstanding credit defaults.
Age. You must be at least 18 years of age.

Required documents

Personal details. This includes your full name, date of birth, residential address, email address and contact phone number. You also need to provide one of the following forms of ID: your driver's licence, passport or Medicare card details.
Employment details. This covers your occupation, employment status, industry, length of employment and your employer's contact details. You may also be asked to provide recent payslips, account statements or your most recent Tax Assessment Notice to help verify these details.
Financial details. As well as your salary, you need to include details of any income from other sources (such as government benefits or investments), as well as assets and savings. You also need to share details of existing loans, debts and credit card accounts, along with your share of household expenses.

Card benefits

Prostate Cancer Foundation of Australia support. For every year that you have this card, $25 of your $50 annual fee will be automatically donated to the PCFA. This means that you'll be supporting the foundation's work with people affected by prostate cancer, simply by paying your annual account fee. This partnership is also highlighted by the card's blue design, which also features the PCFA logo.
Balance transfer offer. Save on interest costs when paying off existing debt with 0% balance transfer offer for up to 12 months with no balance transfer fee. Any remaining balance after the promotional period ends is subject to the standard balance transfer rate (currently 8.99% p.a.).

8.99% p.a. interest rate. This card's low interest rate applies to retail purchases, as well as any cash advances and balance transfers. In comparison, many other credit cards have a different, higher interest rate for cash advances.
Interest-free days on purchases. You can get up to 55 days interest-free on purchases if you pay the card's balance in full by the due date on each statement. Learn more about how interest-free days work to decide if you can take advantage of this feature.
Mobile payments. You can use this card to make payments from your mobile device by adding it to your Apple Pay, Samsung Pay or Google Pay account.
Visa benefits. Get access to entertainment, travel and shopping deals through Visa Offers + Perks. Plus, get peace of mind through Visa's Zero Liability Policy and Visa Secure.

Rates & fees

Annual fee. The Illawarra Credit Union Low Rate Blue has a $50 annual fee, of which half is donated to the Prostate Cancer Foundation of Australia for each year that you hold the account.
International transaction fee. If you use this card overseas or online with a business that processes payments overseas, you'll be charged a fee of 3% per transaction.

Overseas cash advance fee. A fee of $5 per withdrawal applies if you use this card to withdraw cash overseas. Interest charges will also apply from the date of the transaction.
Minimum repayment. The minimum repayment for each statement will be the greater of $20 or 3% of your outstanding balance. You must pay at least this amount by the due date listed on each statement to keep the account in good standing.

Sources

Finder writers are subject matter experts and use primary sources, in-depth research and interviews with other experts to ensure you're getting accurate, up-to-date information. Articles are fact checked in line with our editorial guidelines.
1. Illawarra Credit Union Low Rate Blue credit card information PDF
2. Illawarra Credit Union Low Rate Blue credit card TMD

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Amy is an experienced journalist with over 16 years of experience, contributing to major publications like Money Magazine, The Sydney Morning Herald, and ABC News Australia. Specialising in personal finance, she frequently appeared in media outlets and on radio. Amy holds a Bachelor of Arts in Journalism and Drama from Griffith University and earned RG146 certifications in Tier 1 Generic Knowledge and Tier 2 General Advice Deposit Products, ensuring her expertise is grounded in current financial regulations. Amy was Finder's Senior Writer for Credit Cards from 2016 to 2024. See full profile

Illawarra Credit Union Low Rate Blue credit card

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