Great Southern Bank Low Rate Credit Card

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.