Card Features
Card Issuer
AussieMasterCard
A low cost everyday spender card from Aussie with a great introductory balance transfer rate and purchase rate. Aussie don't do unnecessary extras like reward points - keeping the terms and conditons to a minimum and producing a value, no-nonsense credit card.
Rates & Fees
| Interest Rate | Balance Transfer | Annual Rate | Interest Free |
|---|---|---|---|
| 13.29%p.a. | 2.99%12 months | $49 | 55 days |
Key Features
- 2.99% p.a. on balance transfers for 12 months
- 9.99% p.a. on purchases for 12 months
- Up to 55 days interest free on purchases
- Standard purchase rate of 13.24% p.a. on purchases
Pros & Cons
Pros
- Great intro balance transfer rate reverts to standard purchase rate
- low annual fee of $55
Cons
- High cash advance rate of 19.99% p.a.
Review
Editors Review
This card is a no frills credit card for light users and everyday purchases - the usual no-nonsense approach that Aussie are famous for. The generous balance transfer rate also means a chance to pay off your balance at a lower rate and get finances back on track.
Similar Cards
| Product Name | Purchases | Balance Transfer | Annual Fee | |
|---|---|---|---|---|
|
|
13.24%p.a | 0.99%6 months | $55 |
|
|
12.99%p.a | 4.99%6 months | $59 |
Terms and Conditions
Terms and conditions available on application. Fees and charges apply. Approval subject to our normal lending criteria.
1) From date of card approval. Only valid for balance transfers from non-Aussie credit and store cards. Balance transfer rate applies only to balances transferred for twelve months from the date your card is approved, and then reverts to the standard variable rate applicable for purchases on your card. Interest accrues on balance transfers from the date the transfer is processed by us. Terms and conditions apply to balance transfers (please call 13 13 77 for a copy).
2) From date of card approval. Promotional rate reverts to the standard variable interest rate applicable to purchases on your card twelve months after date of card approval and any balances that remain unpaid at the end of this period become subject to the standard variable interest rate applicable to purchases. Excludes cash equivalent transactions. Terms and conditions apply to balance transfers (please call 13 13 77 for a copy).
3) The standard variable interest rate for purchases is 13.29 % p.a. and 19.99 % p.a. on cash advances. Interest rates current at 22 June 2011 and subject to change.
4) Interest free days do not apply if you do not pay your Closing Balance (which includes any outstanding balance transfers, cash advances, purchases and Promotional Plans) in full by the due date each month. Payments to your account are applied in the order set out in the Aussie MasterCard Conditions of Use.
Interest rates shown on the "Compare this card" table are current as at 22 November 2010. Source: Infochoice. Offers only available for new Aussie MasterCard applications submitted before 31 January 2012. Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. We recommend you read the Aussie MasterCard Conditions of Use before acquiring the product. Aussie Credit Cards are provided under agreement by Australia and New Zealand Banking Group Limited ABN 11 005 357 522.
5)^Source: Based on Infochoice data as at 22 November 2010.