Northern Inland Credit Union Low Rate Visa
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 Name | Northern Inland Credit Union Low Rate Visa Credit Card |
|---|---|
| Purchase rate (p.a.) | 8.99% p.a. |
| Annual fee | $0 p.a. |
| Cash advance rate (p.a.) | 8.99% p.a. |
| Min credit limit | $1,000 |
| Card type | Visa |
| Foreign currency conversion fee (Visa/Mastercard) | 3% |
| Complimentary travel insurance | No |
| Minimum age | 18 years of age |
|---|---|
| Available to temporary residents | No |
| Joint application | No |
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 p.a. |
|---|---|
| Minimum monthly repayment | 2% of the closing balance or $20, whichever is greater |
| Late payment fee | $15 |
| Foreign currency conversion fee (Visa/Mastercard) | 3% |
| Cash Advance Fee | $2.50 |
| Overseas cash advance fee | $175 |
| Overseas ATM withdrawal fee | $2 |
Expert review
Review by
Sally McMullen
sally.mcmullen@finder.com.auSally McMullen is a creative content producer at Finder, co-hosts our Pocket Money podcast and wrote about credit cards for almost five years. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone. She has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.
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.
