Pulse CU Low Rate Mastercard

Transfer balances to pay a low balance transfer rate for 12 months, and pay a discounted annual fee for life.

The Pulse CU Low Rate Mastercard comes with a special balance transfer offer where you pay a low balance transfer rate for the first 12 months. You can keep paying a discounted annual fee for the life of the card. Purchases made using this card not only enjoy a low rate, but also receive protection from complimentary insurance covers.

Product NamePulse Credit Union Low Rate Mastercard
Balance transfer rate (p.a.)0% p.a. for 12 months
Balance Transfer Revert Rate
The interest rate after the balance transfer ends.
Cash Advance Rate (21.74% p.a.)
Balance Transfer Limit80% of available credit limit
Purchase rate (p.a.)12.99% p.a.
Offer end date31 January 2018
Annual fee$75 p.a.
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 55 days on purchases
Cash advance rate (p.a.)21.74% p.a.
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$2,000
Max credit limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$15,000
Minimum Monthly Repayment2% or $30 whichever is greater
Minimum Income$25,000
Card TypeMastercard
Late Payment Fee$10
Complimentary Travel InsuranceNo
Available To Temporary ResidentsNo
Minimum Income$25,000
Minimum Age18 years of age
Available to Temporary ResidentsNo
Credit Rating Requirement
Credit rating requirement is provided only as a guide. Understanding your credit file helps you make more informed decisions in regards to your finances. Learn more about what this means here.
Good
Min Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$2,000
Max Credit Limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$15,000
Annual Fee$75 p.a.
Minimum Repayment2% or $30 whichever is greater
Late Payment Fee$10
Over Limit Fee$0
Cash Advance Fee$3.50 (or 3.50% of amount when >= $100) for each cash advance
Overseas Cash Advance Fee$5
Additional Cardholder Fee$0 p.a.
Number of Additional Cardholders4
BPAYYes
ChequeYes
Direct DebitYes
Australia PostYes
Phone BankingYes
Internet Banking TransfersYes
MailYes

Pulse CU Low Rate Mastercard review

Transferring balances from existing cards to this card can lead to noticeable savings, given its introductory balance transfer rate that stays in place for the first 12 months. Using the card suitably can give you up to 55 interest-free days on purchases. Complimentary insurance covers provide peace of mind when it comes to purchases you make using this card.

Benefits of the Pulse CU Low Rate Mastercard

  • Balance transfer offer. You can save a considerable sum if you use this card to transfer balances from existing cards, which is because this card charges a low balance transfer rate of 0% p.a. for the first 12 months.
  • Low interest rate. This card comes with a low ongoing purchase rate of 12.99% p.a. and this low rate can be particularly useful if you don’t pay off your balance in full each statement period.
  • Complimentary insurance covers. Complimentary purchase cover insurance provides protection to purchases made using this low rate card against loss, theft, and damage. If a product you buy using this card goes on sale within a given time period, you can get a refund for the price difference through the guaranteed pricing scheme.
  • Easy access to funds. You can use this low rate Mastercard in most countries around the world, anywhere you see the Mastercard logo. This includes to withdraw money from ATMs or to make purchases in-store using EFTPOS. You can also make use of this card for making purchases and paying bills, online and over the phone.

Pulse CU Low Rate Mastercard features

  • Annual fee. Enjoy the features of this card for less. Applying for the Pulse CU Low Rate Mastercard before 31 January 2018 enables you to keep paying a discounted annual fee of $49.
  • Interest-free days. Paying the closing balance in full every month gives you the ability to get as many as 55 interest-free days on purchases.
  • Additional cards. You can nominate up to 4 individuals aged over 16 years to be additional cardholders. Remember, you remain liable for all purchases they make using their additional cards.
  • Mastercard PayPass. If your transaction comes to under $100, and if you see the PayPass sign, you can use this card to make contactless payments.
  • Card security. This microchip-enabled credit card offers increased protection against fraud when compared to magnetic strip cards. Fraudshield is in place to detect irregular transactions, and if any such transaction is detected you receive a phone call immediately. Mastercard SecureCode provides an added layer of security in the online world.

How to apply for the Pulse CU Low Rate Mastercard

You can apply for the Pulse CU Low Rate Mastercard by visiting any Pulse CU branch or by speaking to a Pulse CU lending specialist over the phone.

Eligibility criteria

  • You should be a permanent resident of Australia.
  • You should be over the age of 18 years.
  • You should earn a minimum of $25,000 p.a.
  • You should have good creditworthiness.

Required documents

  • Your Australian driver’s license or passport
  • Proof of income in the form of last two payslips
  • Details regarding your debt and expenditure

While the balance transfer offer this low rate Mastercard comes with can lead to savings, know that there are other cards that can help you save, you still have the option to compare few more credit cards.

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Credit Cards Comparison

Rates last updated August 17th, 2017
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
NAB Premium Card - Exclusive Offer
19.74% p.a.
0% p.a. for 24 months
$90 p.a.
Exclusive to finder.com.au, enjoy a no BT fee, long-term balance transfer offer with platinum privileges, including travel insurance.
St.George Vertigo Visa
13.24% p.a.
0% p.a. for 14 months
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
Receive up to 55 days interest-free on purchases and the ability to make contactless payments with Visa payWave technology.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
20.74% p.a.
0% p.a. for 18 months
$129 p.a.
Apply by 31 October 2017 to receive a long-term, no fee balance transfer and a $129 Virgin Australia Gift Voucher each year.
St.George Vertigo Platinum
12.74% p.a.
0% p.a. for 20 months
$99 p.a.
Offers complimentary travel insurance, complimentary purchase insurance and access to a 24/7 personal concierge service.

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* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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