Great Southern Bank Low Rate Credit Card

Great Southern Bank Low Rate Credit Card

Highlights

  • Low purchase rate of 11.99% p.a.
  • First-year annual fee waiver. $49 p.a. thereafter.
  • Enjoy up to 9 additional cards for no extra cost.

Pros and cons

Pros

  • Indulge convenience with contactless transactions: Apple Pay and Google Pay.
  • Save on interest with interest-free days up to 55 days on purchases.
  • Comes with fraud protection.

Cons

  • There is no rewards program on this card.

History

    Our review

    Convenience

    Customer service

    Rates and fees

    Rewards

    Trust

    The basics

    • Additional cardholders. This credit card supports up to 9 additional cardholders at no additional cost. You will be held responsible for the management of the account and repayment of any charges made with the additional cards.
    • Digital wallets. This card supports Apple Pay, Google Pay, and Samsung Pay.
    • Gambling transactions. Gambling transactions are not allowed on the Great Southern Bank Low Rate Credit Card.

    Rewards and benefits

    • Complimentary travel insurance. This card does not come with complimentary international travel insurance.
    • Concierge services. The Great Southern Bank Low Rate Credit Card does not offer a concierge service.
    • Rewards points. This credit card does not have a rewards program.
    • Sign-up bonus. There is no sign-up bonus for this card.

    Rates and fees

    • Annual fee. There is no annual fee in the first year and an ongoing annual fee of $49 p.a. thereafter.
    • Balance transfers. There is no introductory balance transfer offer on this card at the moment.
    • Cash advances. Transactions classified as cash advances will be charged interest at the rate of 21.74% p.a., with interest accruing as soon as the transaction is made. Cash advances made on this card attract a one-off fee of 3.5% of the amount advanced plus a flat fee of $2.
    • Foreign exchange fee. All transactions made in a foreign currency, either online or while travelling overseas, will be subject to a 3.4% foreign exchange fee.
    • Interest-free period. Depending on your repayment history, you may qualify for up to 55 days of interest-free periods on purchases (except cash advances). To take advantage of this, you must have paid off your previous balance or made the minimum required payment.
    • Purchases. There is no introductory offer on purchases with the Great Southern Bank Low Rate Credit Card. Purchases made with this card will attract interest at 11.99% p.a.

    Nilooka Dissanayake

    Reviewed by Nilooka Dissanayake

    Writer

    User reviews

    Convenience

    Customer service

    Rates and fees

    Rewards

    Trust

    Happy with it

    Reviewed by Erin

    I am happy with my CUA MasterCard


    Try a credit union, not a bank

    Reviewed by Grant Sainsbury

    CUA are the best and fairest for me


    Good rates and bulk savings

    Reviewed by Leigh

    Good interest rates, low repayment interest, and their fees are reasonable. I don’t know any different. If I could I’d keep my money stashed under my bed, but don’t have the space.


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