Qudos Bank Lifestyle credit card review | finder.com.au
finder.com.au

Qudos Bank Lifestyle Credit Card

Amy Bradney-George
Amy Bradney-George
Last updated:  

Get an introductory interest rate of 4.99% for the first 5 months and pay no annual fee ever.

The Qudos Bank Lifestyle credit card offers a $0 annual fee and the same interest rate for all transactions. After the first 5 months, the introductory interest rate reverts to a variable rate of 12.34% p.a.

4.99% p.a.

Balance transfer rate

for 5 months

4.99% p.a.

Purchase rate

for the first 5 months (reverts to 12.34% p.a.)

$0 p.a.

Annual fee

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Details

Product NameQudos Bank Lifestyle Credit Card
Balance transfer rate4.99% p.a. for 5 months
Balance transfer revert ratePurchase Rate (12.34% p.a.)
Purchase rate4.99% p.a. for 5 months, reverts to 12.34% p.a.
Annual fee$0
Interest-free period
Cash advance rate12.34% p.a.
Min credit limit$1,000
Max credit limit$20,000
Card typeVisa
Foreign currency conversion fee3.65%
Available to temporary residentsNo
Joint applicationNo

Pros

  • $0 annual fee
  • 4.99% for 5 months on balance transfers and purchases
  • Free supplementary cards

Cons

  • No interest-free days on purchases
Bonus pointsN/A
Annual fee$0
Minimum monthly repayment2% of the closing balance or $20, whichever is greater
Foreign currency conversion fee3.65%
Additional cardholder fee$0

Expert review

Amy Bradney-George

Review by

Amy Bradney-George has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. Her work has also appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

The Qudos Bank Lifestyle credit card offers you simple, low-cost access to credit, with no annual fee and the same low interest rate for all transactions. As it doesn’t offer any interest-free days, this card is more suited to people who carry a balance from month-to-month (compared to those who regularly pay the balance in full).

How to apply

You can apply for the Qudos Bank Lifestyle credit card online by filling out a secure application form. Get started by checking that you meet the eligibility criteria and have all the details you need to complete your application.

Eligibility criteria

  • Employment. You must currently have paid employment.
  • Residency. You must be an Australian citizen or permanent resident.

Card benefits

  • $0 annual fee. You'll never pay an annual fee on this card.
  • Introductory interest rate. Take advantage of a interest rate for the first 5 months from the date your account is approved. At the end of the introductory period, the interest rate reverts to a variable rate of 12.34% p.a.

Rates & fees

  • Additional cardholders. There is no annual fee for additional cardholders that you add to this account.
  • Currency conversion fee. A fee of 3.65% applies when you make transactions overseas or online in a foreign currency. Note that this fee may apply even if an online store shows the price in Australian dollars but process the payment in a foreign currency.

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 finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au 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.
Go to site