IMB credit cards

Make an informed decision with this comparison of IMB credit card features, benefits, rates, and fees.

Yvonne Taylor avatar
Written by   |  
David Boyd avatar
Verified by
Updated 20 Dec 2023   |   Rates updated regularly

Comparing of 2 IMB credit cards

IMB Low Rate Mastercard

Balance transfer

12 months at 0% p.a.

Purchase rate

12.99% p.a. ongoing

Interest-free days

55 days

Annual fee

$37.00 for 1st year

Highlights

  • Enjoy 0% for 12 months on balance transfers with no balance transfer fee. Reverts to cash advance rate of 21.74% p.a.
  • Discounted annual fee of $37 in the first year (reverts to $75 p.a. thereafter).
  • Low retail purchase interest rate of 12.99% p.a.

Pros

  • Get a discounted annual fee of $37 for the first year.
  • Low interest rate on purchases.
  • 0% balance transfer for 12 months.
  • Includes complimentary purchase Cover Insurance and Guaranteed Pricing Scheme.

Cons

  • Balance transfer revert rate is at 21.74% p.a.

IMB Platinum Mastercard

Balance transfer

24 months at 0% p.a.

Purchase rate

20.24% p.a. ongoing

Interest-free days

55 days

Annual fee

$129.00 p.a. ongoing

Highlights

  • Enjoy 0% for 24 months on Balance Transfers with a 0% balance transfer fee. Reverts to cash advance rate of 21.74% p.a.
  • Receive 20,000 rewards points when you spend $3,000 or more on eligible purchases within 3 months of approval.
  • Earn 1 reward point for every $1 spent on Eligible Transactions.

Pros

  • Enjoy 0% for 24 months on Balance Transfers with a 0% balance transfer fee.
  • Receive 20,000 bonus reward points when you meet the criteria.
  • Includes complimentary International Travel Insurance, Interstate Flight Inconvenience Insurance, Purchase Cover Insurance, and Guaranteed Pricing Scheme.

Cons

  • The ongoing annual fee of $129 p.a.
  • Ongoing rates on purchases are average.

    As seen on

    Media - The Sydney Morning Herald
    Media - Yahoo Finance
    Media - News.com.au
    Media - Daily Mail Australia
    Media - Australian Fintech
    Media - Dynamic Business