Comparing the credit union where bank employees go for lower interest rates and personalised service.
Quay Credit Union has been providing banking services to its members for more than 42 years, offering a high level of service and a range of great value products. A customer-owned credit union, their members are largely financial services professionals, including senior bank management, after a merger of AMP Credit Union and GIO Staff Credit Union.
They offer most of the services found at major banks, but with the difference that Quay Credit Union exists solely to support its members. Profits are reinvested to provide members with even better rates and products, lower fees and more personalised service.
Types of credit cards from Quay Credit Union Visa
Low rate credit cards
These credit cards come with various benefits, the main one being the access you have to low interest credit. Quay Credit Union’s Visa Credit Card also offers additional features, including a competitive balance transfer offer, up to 55 days interest-free on purchases and $0 annual fee for the first year.
Learn more about Low Rate Credit Cards
The benefits of banking with Quay Credit Union
Banking with Quay CU comes with various benefits.
Save with competitive rates and fees
Quay Credit Union credit cards offer competitive rates all round. Cardholders enjoy a 7.99% p.a. ongoing rate on purchases as well as a low balance transfer rate of 0% p.a. for 6 months. There is also a waived annual fee for the first year, which changes to a low $36 for every year following.
Convenient banking
Quay CU gives you convenient ways to pay with your card, and convenient ways to bank with their range of banking products and services. Make repayments via payroll deduction, bank transfer or external bank transfer. You also have access to your account via phone banking, mobile banking and Internet banking services.
Visa benefits
Paying with Visa payWave allows you to wave and go for transactions under $100, saving you valuable time. Your Quay Credit Union credit card also gives you access to the Verified by Visa service, that offers you more security when you shop online. Exclusive offers are on the table as well with the Visa Entertainment Service.
How to apply for a Quay Credit Union Visa Credit Card
Applying is easy. An online application only usually takes around 15 to 20 minutes to complete and conditional approval can usually be given within 24 hours.
Eligibility criteria
- You must be over the age of 18
- You must be a permanent resident of Australia and be employed for more than 20 hours a week.
Required documents
- Your personal details.
- Proof of income
- Details of any loans, credit cards and expenses you may have
- Information regarding any assets that you own
Frequently asked questions
The following are some of the most frequently asked questions about Quay Credit Union Visa Credit Cards. If you can’t see an answer to your question here, just send us a query using the form at the bottom of this page.
What is the Visa Entertainment Service?
The Visa Entertainment Service is a service provided to Visa cardholders offering unique and exclusive entertainment discounts in partnership with organisations such as Disney, Sony and Ticketek.
Do I have to be a member to take out a Quay Credit Union Visa Credit Card?
Yes, you'll need to be a member in order to be issued a Quay Credit Union card.
How do I increase my credit limit on my Quay Credit Union Visa Credit Card?
Just download and complete a new credit card application or complete it and send it to Quay Credit Union online.
How does the 55 days interest-free period work?
If the balance shown on your statement is paid in full by the due date, you will receive up to 55 days interest-free on purchases made on your card. The actual number of days you receive depends on when you make the purchase in your statement period.
Can I assign an additional cardholder?
Yes. They don’t have to be a member of Quay Credit Union, but they must be over 18 years of age and an additional cardholder fee will apply.
How much will the minimum monthly repayments be on my Quay Credit Union Visa Credit Card?
The minimum monthly payment is 5% of the outstanding balance or $20.00, whichever is greater.
What happens if I forget my PIN number?
If you forget your PIN number you will need to get in contact with Quay CU to organise a replacement card. This is because your card and PIN are tied, so a new PIN and card will need to be issued together. A replacement card fee will apply.
