QTMB-logo-pp

QTMB Credit Cards

Compare low rate and platinum credit cards from QTMB: a customer-focused mutual banking institution

Compare Low Rate Credit Cards

Updated December 9th, 2019
Name Product Purchase rate (p.a.) Interest Free Period Annual fee Balance transfer rate Balance transfer rate
9.89% p.a.
Up to 55 days on purchases
$69 p.a.
Offers a competitively low interest rate and up to 55 days interest-free on purchases. Plus, price and purchase protection covers.
0% for 9 months, reverts to 14.99% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
0% p.a. for 9 months
0% p.a. for 9 months
Enjoy a $0 first year annual fee and a 0% introductory rate on purchases and balance transfers. Plus, complimentary purchase insurance cover.
11.99% p.a.
Up to 45 days on purchases
$0 p.a.
Keep costs low with $0 annual fee and 100% foreign transaction fee rebates. Available when you hold or open an Orange Everyday account.
0% for 15 months, reverts to 11.99% p.a.
Up to 55 days on purchases
$45 p.a.
0% p.a. for 6 months
0% p.a. for 6 months
A no-frills credit card with a competitive annual fee and 0% p.a. on purchases for 15 months. Plus, a 0% balance transfer offer for 6 months.
0% for 14 months, reverts to 13.99% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
0% p.a. for 6 months
0% p.a. for 6 months
Finder Exclusive:
Low rate card offering 0% p.a. interest on purchases for the first 14 months and on balance transfers for 6 months. Plus, a $0 first year annual fee.

Compare up to 4 providers

Compare Rewards Credit Cards

Updated December 9th, 2019
Name Product Bonus Points Rewards Program Rewards Points per $ spent Purchase rate (p.a.) Annual fee
120,000 bonus points
Qantas Frequent Flyer
Visa/MC
1
19.99% p.a.
$199 p.a. annual fee for the first year ($299 p.a. thereafter)
Get 20,000 bonus Qantas Points per month for the first 6 months when you spend $1,500/month. Total of up to 120,000 bonus Qantas Points.
70,000 bonus points
Velocity Frequent Flyer
Visa/MC
0.66
20.74% p.a.
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Earn up to 70,000 bonus Velocity Points (60,000 in 3 months and 10,000 after first year). Plus, save with 0% p.a. for 18 months on balance transfers.
120,000 bonus points
Qantas Frequent Flyer
Visa/MC
1
20.24% p.a.
$425 p.a.
Earn 120,000 bonus Qantas Points & $275 back when you spend $4,000 in the first 3 months. Plus, airport lounge passes.
120,000 bonus points
Citi Rewards Program
Visa/MC
1
21.49% p.a.
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
80k bonus Citi reward Points when you spend $3,000 in 90 days and 40k the second year, up to 120,000 total. 120k Points = 48k Velocity Points.
120,000 bonus points
Qantas Frequent Flyer
Visa/MC
1
19.99% p.a.
$295 p.a. annual fee for the first year ($395 p.a. thereafter)
Collect up to 120,000 bonus Qantas Points. Get 90k when you spend $3,000 on eligible purchases in the first 60 days and 30k after 12 months.

Compare up to 4 providers

QTMB is short for Queensland Teachers Mutual Bank. Originally a credit union, the history of the organisation dates back to 1965 when a group of teachers pooled their money together so they could lend money to other Queensland teachers. But QT Mutual Bank wasn't just a bank for teachers — QTMB was a full-service financial institution for all Queenslanders, no matter their occupation. Until the merger with RACQ, QTMB offered credit cards, bank and savings accounts, personal loans, mortgages and insurance.

What are the types of credit cards from QTMB?

QTMB offer the choice of two types of credit card: a low rate and platinum Mastercard. Both cards give you insurance as well as the suite of basic credit card features, like interest-free days. The low rate credit card may be suited to you if you can’t repay your balance in full some months. The platinum card could be an option if you’re prepared to pay a little more for the ‘bells and whistles’ and you’re a little more disciplined about how you use your credit card.

  • Low rate credit cards

    More than just a low rate of interest, the QTMB Low Rate Mastercard goes a step further than most other low rate products by offering purchase cover insurance. QTMB will even replace lost or stolen credit cards in Australia or overseas for no extra charge. Like most other low rate cards, standard credit card features are included: interest-free days, contactless payments and free additional cards are all part of the deal.

Learn more about Low Rate Credit Cards

  • Platinum credit cards

    The QTMB Platinum Mastercard rewards you with points when you spend, it has a comprehensive suite of insurances and you can make interest-free purchases if you pay back what you spend. As far as platinum cards go, QTMB ticks all the boxes. Compare these credit cards by their fees. Platinum credit cards offer more than a low rate or no annual fee in terms of features, and they charge more for it. Also, keep an eye on balance transfer and purchase rate promotions, as these special deals can save you money.

Learn more about Platinum Credit Cards

The benefits of banking with QTMB

Find out about some of the benefits that come with choosing a product from QTMB:

  • NAB ATM access

    If you have a QTMB credit card, you can make free ATM withdrawals at any NAB ATM in Australia. NAB are one of Australia’s Big Four Banks, and have an extensive ATM network throughout Australia.

  • QTMB Internet and mobile banking

    Do your banking when you want to. QT Mutual Bank makes it easy to view and review your credit card information, as well as make and arrange payments to other accounts in Australia. You can also access some great Internet banking features from your smartphone with QTMB mobile banking.

  • QT Mutual Bank — customer-owned banking

    When you apply and are approved for a QTMB credit card, you’re not just a customer, you’re a member with a share in the financial institution. As a member of a mutual, you have a stake in your bank and benefit from improving deals and rates. When the mutual makes a profit, you stand to benefit.

Frequently asked questions

Have a look at the FAQs below if you have a question about QTMB credit cards. You can also ask us a question directly by using the form at the end of this page.

Back to top

Image: QT Mutual Bank

Was this content helpful to you? No  Yes

Ask an Expert

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

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Ask a question
Go to site