Northern Inland Credit Union Low Rate Visa

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Save money with a low interest rate and no annual fee.

The Northern Inland Credit Union Low Rate Visa combines a $0 annual fee with a competitive interest rate on purchases. Cardholders can request a credit limit starting at $1,000 and take advantage of Visa benefits.

8.99% p.a.

Purchase rate

$0 p.a.

Annual fee

Details

Product NameNorthern Inland Credit Union Low Rate Visa Credit Card
Purchase Rate8.99% p.a.
Annual Fee$0
Cash Advance Rate8.99% p.a.
Minimum Credit Limit$1,000
Card TypeVisa
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Complimentary Travel InsuranceNo
Minimum Age18 years of age
Available to Temporary ResidentsNo
Joint ApplicationNo

Pros

  • $0 annual fee
  • Low ongoing rate for purchases and cash advances

Cons

  • It doesn’t offer interest-free days on purchases
Annual Fee$0
Minimum Monthly Repayment2% of the closing balance or $20, whichever is greater
Late Payment Fee$15
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Cash Advance Fee$2.50
Overseas Cash Advance Fee$175
Overseas ATM Withdrawal Fee$2

Expert review

Sally McMullen

Review by


Sally McMullen is Finder's credit cards and frequent flyer editor by day and a music maven by night. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone.

Expert review

The Northern Inland Credit Union Low Rate credit card charges one of the lowest purchase interest rates when compared to other cards with no annual fee. Unlike most credit cards though, it doesn’t offer interest-free days on purchases. If you regularly pay your balance in full each month, you may want to consider a card that offers interest-free days on purchases.

How to apply

You can apply for this card online as long as you meet the eligibility criteria and have the necessary information to complete the application.

Eligibility criteria

  • Age. You must be at least 18 years old to apply.
  • Residency. You can apply for this card if you're an Australian citizen currently living in Australia.

Card benefits

  • $0 annual fee. While most credit cards charge an annual fee, the Northern Inland Credit Union Low Rate does not.
  • Competitive interest rate. This card offers the same ongoing rate for purchases and cash advances, currently 8.99% p.a.

Rates & fees

  • Cash advances. This card charges a cash advance fee of $2.50 and a daily withdrawal limit of $2,000.
  • Minimum monthly repayments. This card has a minimum repayment of 2%.

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