SCU Low Rate Visa Credit Card

Information verified correct on December 11th, 2016

SCU began operation in 1968 by providing financial assistance to City of Sydney Council employees and members. Over the decades, the credit union has expanded its services and included other councils in its financial assistance and management.

SCU can provide you with financial products, advice and management. They can help you with personal loans, credit cards, home loans, savings accounts and provide Internet banking facilities.

Product NameSCU Low Rate Visa Credit Card
Maximum Balance Transfer Amount80% of credit limit
Purchase rate (p.a.)10.49% p.a.
Annual fee$30 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.)10.49% p.a.
Minimum Monthly Repayment2.5%
Card TypeVisa
Late Payment Fee$30
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
2% of transaction value
Complimentary Travel InsuranceNo
Available To Temporary ResidentsNo
Joint ApplicationNo
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
Annual Fee$30 p.a.
Minimum Repayment2.5%
Late Payment Fee$30
Over Limit Fee$0
Cash Advance Fee$1.75
Overseas Cash Advance Fee$4
Overseas Emergency Replacement$185
Overseas ATM Withdrawal Fee$3
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
2% of transaction value
Gambling Transactions AllowedNo
Additional Cardholder Fee$0 p.a.
BPAYYes
Phone BankingYes
Internet Banking TransfersYes

SCU Low Rate VISA Credit Card

With SCU Low Rate VISA Credit Card you can shop free of stress and you don't have to carry cash with you. The card is accepted almost everywhere throughout Australia. Its Prominent features include;

  • Low interest rate
  • Easy Balance Transfer
  • Swift approvals - within 48 hours
  • Worldwide acceptance

The good thing about SCU is that they don't hide behind financial jargon. They don't twist their words and offers just to lure you into signing a card deal with them. There offers and terms are simple and easy to understand. You won't find any cloaked fees or hidden catches.

SCU Low Rate VISA Credit Card - Key Features

  • Annual Fee of $30 p.a.
  • 55 days of interest free spending
  • Interest is calculated daily, charged on monthly basis
  • ATM and EFTPOS access
  • Worldwide acceptance
  • Cash advance facilities
  • PIN code selection
  • Multiple account access ( via phone, Bpay, Internet)
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SCU Repayment Calculator

SCU offers a very convenient calculator on their website. It is very easy to use and helps you to tackle any payment issues with precision. It helps you to calculate your minimum monthly payments and tells you how much time you would save by making higher payments.

Card Security Tips

When you get an SCU Low Rate VISA Credit Card you need to maintain some checks and balances to avoid any frauds, thefts and any misuse of your credit card. Follow these guidelines to protect your credit card and your money;

Your PIN Number

When you receive your RediCard or VISA debit card, you will be given your personal identification number PIN. So whenever you use this card you will be required to enter this PIN for security measures. It is therefore very important to memorise your PIN and not keep it stored or attached with your card in any way.

PIN Security

You should follow the guidelines given below to avoid any unauthorised use of your card. You need to be cautious when you're using a plastic card for purchases and transactions.

These guidelines only give you examples of security measures and do not determine your liability in case of unauthorised use of your card. To get the complete details on liabilities you need to read the SCU's Member Information Guide.

Ensure Your Card And PIN Security

  • Sign your card the very moment you receive it
  • Always keep your card in a safe place
  • When you change the PIN, it should not represent your birthday or relate to your name
  • Never ever write PIN on your card
  • Never write PIN on anything placed or found near your card
  • Never lend card to anyone, prefer cash to lend
  • Never show or tell your PIN to anyone (This is obvious but very important)
  • When you're using your card on an electronic equipment, try to hide the digits you feed in from onlookers
  • Immediately report unauthorised use or theft of your card to SCU
  • Whenever you receive card statements, try to match it with your personal records and look for any unauthorised use of your card
  • Promptly notify SCU when you change your address

You can definitely contribute a lot when it comes to the security of your card.

Overall, the SCU Low Rate VISA Credit Card is a fantastic credit card offer.

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Rates last updated December 11th, 2016
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