Get the Finder app 🥳

Track your credit score, free


CUA Platinum Credit Card

Last updated:  

Earn reward points for your everyday spending and enjoy complimentary travel insurance – plus a $0 annual fee for the first year.

The CUA Platinum credit card earns 1 point per $1 spent on purchases through the CUA Platinum Rewards program, with rewards including travel, gift cards and merchandise.

0% p.a.

Balance transfer rate

for 13 months

19.99% p.a.

Purchase rate


Reward point

Per $ spent

$0 p.a.

Annual fee

for the first year ($149 p.a. thereafter)


Product NameCUA Platinum Credit Card
Rewards programCUA Platinum Rewards Program
Balance transfer rate0% p.a. for 13 months
Balance transfer revert rateCash Advance Rate (21.74% p.a.)
Balance transfer limit80% of available limit
Purchase rate19.99% p.a.
Annual fee$0 annual fee for the first year ($149 p.a. thereafter)
Interest-free period55 days
Cash advance rate21.74% p.a.
Min credit limit$5,000
Card typeMastercard
Foreign currency conversion fee3.4%
Available to temporary residentsNo
Joint applicationNo


  • $0 annual fee for the first year
  • 0% on balance transfers for the first 13 months, with no balance transfer fee
  • Includes complimentary insurances such as international travel insurance, purchase cover insurance and transit accident insurance.


  • High interest rate of 19.99% p.a. on purchases
  • Balance transfer reverts to the high cash advance rate of 21.74% p.a. at the end of the introductory period
Rewards programCUA Platinum Rewards Program
Bonus pointsN/A
Rewards points per $ spent1
Rewards points cap100,000
Annual fee$0 annual fee for the first year ($149 p.a. thereafter)
Minimum monthly repayment3% of the closing balance or $35, whichever is greater
Late payment fee$12.50
Foreign currency conversion fee3.4%
Cash advance fee2% or $3.50, whichever is greater
Additional cardholder fee$0
Number of additional cardholders9

Expert review

Amy Bradney-George

Review by

Amy Bradney-George is the acting editor for Finder X and a senior writer for credit cards and Finder Green. She has more than 13 years' experience as a journalist and writer, with bylines in publications including The Equity Magazine, The Sydney Morning Herald, ABC News and produce industry website FreshPlaza. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University, and when she’s not putting (virtual) pen to paper, she spends her time as an actress.

Expert review

The CUA Platinum is a rewards credit card that also comes with a very popular perk: complimentary international travel insurance. This gives you up to 4 months of cover when you use the card to pay for at least $500 worth of flights, accommodation or other eligible travel costs before you go away.

Making purchases with this card also earns you 1 point per $1 spent through the CUA Platinum Rewards program. Similar to other credit card reward programs, this one offers a variety of gift cards, cashback on your account and retail items. You can also redeem your points for travel bookings made through the Redeem4Travel website. But, unlike some other rewards credit cards, it does not offer point transfers to frequent flyer programs.

How to apply

You can apply for the CUA Platinum credit card online by filling out a secure application form. Just make sure you meet the following eligibility criteria and have all the details and documents you need to apply.

Eligibility criteria

  • Residency. You must be an Australian citizen or permanent resident with an Australian residential address.
  • Age. You must be at least 18 years old to apply.

Card benefits

  • 0% p.a. for 13 months on balance transfers. You can request a balance transfer within the first 3 months of account opening to take advantage of this offer. The introductory period begins from the date the balance transfer application is processed. At the end of the introductory period, the interest rate will revert to the cash advance rate, currently 21.74% p.a. Note that interest-free days are not available when you have a balance transfer debt.
  • $0 first year annual fee. The CUA Platinum Credit Card saves you money with an annual fee of $0 for the first year, $149 p.a. thereafter.

Rates & fees

  • Purchase interest rate. The CUA Platinum charges a purchase rate of 19.99% p.a., which is on the higher end when compared to the rest of the market.
  • Cash advance rate. If you use this card to withdraw cash or make any other cash advance transactions, an interest rate of 21.74% p.a. will apply.

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • 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.


  1. Default Gravatar
    January 16, 2019

    Does my CUA platinum Mastercard cover me for travel insurance within Australia (eg cancellation because of injury)

    • Avatarfinder Customer Care
      January 17, 2019

      Hi Carol,

      Thank you for reaching out to finder.

      BUA Credit Card cardholders are eligible for the following covers:
      • International Travel Insurance
      • Transit Accident Insurance
      • Purchase Protection Insurance.

      Domestic travel is note included in the coverage. Hope this helps!


  2. Default Gravatar
    November 3, 2016

    How many CUA points equals 1 frequent flyers point?

    • Avatarfinder Customer Care
      November 3, 2016

      Hi Jess,

      Thank you for your inquiry.

      The conversion of the CUA point to a frequent flyer point will depend on the FF program. Though transferring of your CUA points to FF points is not possible, you may be able to redeem them for flights with Qantas, Virgin Australia and Singapore Airlines. To redeem, please visit the CUA Rewards website.


  3. Default Gravatar
    October 7, 2016


    Can you do the balance transfer at 0% for 13 months – CUA platinum card after you received the card? Or have to do the balance transfer at point of application of CUA card?


    • Avatarfinder Customer Care
      November 1, 2016

      HI Peter,

      Thanks for your question.

      Based on the terms and conditions of this card, balance transfers must be applied for within 3 months of the Disclosure Date in your Offer and Card Contract.


  4. Default Gravatar
    July 7, 2016

    What is the minimum required income to be accepted for a $5,000 credit card?

    • Avatarfinder Customer Care
      July 7, 2016

      Hi E.M,

      Thanks for your question.

      Just to confirm, the minimum credit limit that you can request or will be approved for CUA Platinum Credit Card is $6,000. As for the exact figure for the income requirement, that will be determined by CUA. You may contact them directly to verify.

      Please find CUA’s contact details I’ve sent to your email.

      I hope this has helped.


  5. Default Gravatar
    November 27, 2015

    Does this card provide car hire insurance?

    • Avatarfinder Customer Care
      November 27, 2015

      Hi max,

      Thanks for your inquiry.

      Unfortunately, the CUA Platinum MasterCard does not include car hire insurance.

      If you like to compare credit cards with car hire insurance cover, please refer to this page.

      I hope this has helped.


  6. Default Gravatar
    April 16, 2015

    Do you earn frequent flyer points with this card and how do they work?

    • Avatarfinder Customer Care
      April 16, 2015

      Hi Debbi, thanks for your inquiry!

      Unfortunately this credit card does not earn frequent flyers points. Please refer to the following link for a list of frequent flyer cards and offers.



  7. Default Gravatar
    October 15, 2014

    Is there an age limit with the complimentary travel insurance offered with the Platinum MasterCard?

    • Avatarfinder Customer Care
      October 15, 2014

      Hi Clare,

      Thanks for your question.

      There was no age limit expressed in the credit card insurance terms and conditions, but it might be a good idea to get in contact with CUA to confirm your eligibility before you travel.

      I hope this has helped.



  8. Default Gravatar
    February 16, 2014

    I was told that my frequent flyer points were transferred directly to Qantas with my gold card. I have been upgraded without request to platinum and want to know how my monthly spend gets converted, because there is not one transfer to my frequent flyer account in recent history and no explanation except to rave about upgrading me and my husband and “you don’t have to do anything”. So do we now get a better points loading and where have the points gone and for how long have they not accrued, because Qantas has not really been able to help. Basically when was the last time points were transferred and what is happening today? Very frustrated and not at all confident. Do I need to get Choice on board to investigate this?

    • Avatarfinder Customer Care
      February 17, 2014

      Hi, H.

      Thanks for getting in touch with us.

      Your details should have been updated when they gave you the Platinum credit card. This includes the transferring of your frequent flyer membership to your new account. Double check with the issuer that your frequent flyer membership is still linked to your credit card account. If this is not the case, and you’re still having difficulties with the provider, I suggest you vote with your feet and switch credit card issuer. You can compare leading credit cards on this page.

      I hope this helps.

  9. Default Gravatar
    June 28, 2013

    Can you transfer points to different frequent flyer programs?

    • Avatarfinder Customer Care
      July 1, 2013

      Hi Rhonda. Thanks for your question. You can transfer your CUA Rewards points to the Qantas Frequent Flyer program. You will need to be a member of the program before you can do this though. I hope this has helped. Jacob.

  10. Default Gravatar
    October 6, 2012

    can you tell me 1. do I need to make any monthly repayment over the period of 9 months ( interest free )or can I pay the outstanding balance at expiry of 9 months 2 can I transfer more than one cards balance 3 is there any reason why I cant keep the previous cards ?


    • Avatarfinder Customer Care
      October 9, 2012

      Hi Michael. Thanks for your questions. To answer: There is no reason why you have to close your old credit card after carrying out a balance transfer, you have the option of keeping it open. You are able to consolidate the debt from multiple credit cards, all you have to remember is that you can transfer the balances from multiple cards to a new card, provided that the amount you wish to bring over is less than your approved credit limit. In terms of the nine months interest free, you must make the minimum monthly repayment of 2% each month – while no interest will be charged on the balance you performed a balance transfer on, until the end of the balance transfer period. Cheers.

Go to site