UniBank Visa Credit Card

Name: UniBank Visa Credit Card
Brand: UniBank
Rating: 4.2 (1 reviews)

Get an introductory rate of 7.90% p.a. on balance transfers and purchases (reverts to 11.50% p.a.).
No annual fee for life and flexible credit limits from $1,000 to $25,000.
Enjoy up to 55 days interest-free days.

Pros and cons

$0 annual fee.
Low ongoing rates of 11.50% p.a.
Introductory offers on purchases and balance transfers for 6 months at discounted rate of 7.90% p.a.
Additional cardholders at no extra cost.

Additional cardholders. You can add supplementary cardholders at no extra cost.
Digital wallets. This card is compatible with Apple Pay, Google Pay, and Samsung Pay.
Gambling transactions. Gambling transactions are not prohibited, though they will be treated as a cash advance.

Complimentary travel insurance. The UniBank Visa Credit Card does not provide complimentary international travel insurance coverage.
Concierge services. As a credit card with value as its core proposition, the lack of a concierge service doesn't come as a surprise.
Insurances. This card does not come with any insurance benefits such as refund protection or interstate flight inconvenience coverage. Policies such as this are not typically found on no-frills cards.
Rewards points. This credit card does not have a rewards program.
Sign up bonus. UniBank does not offer any new customers a sign up bonus.

Annual fee. This card has no annual fee, which is as low as you can get.
Balance transfers. University staff and graduates get an introductory offer of 6 months at a 7.9% p.a. balance transfer rate with no fee. This reverts to 11.50% p.a. after the introductory period.
Cash advances. Cash advances with the UniBank Visa Credit Card are charged interest at 11.5% p.a., with interest beginning to accrue immediately from the day the advance is made. Cash advances with this card will also incur a separate one-off cash advance fee.
Foreign exchange fee. There is a 2.9% fee on any purchases made in a foreign currency either overseas or online, which is something to be aware of should you plan on taking it with you on a trip.
Interest-free period. With the UniBank Visa Credit Card, you can enjoy up to 55 days interest-free on purchases, excluding cash advances. To qualify, you must pay your previous balance in full or have made the minimum required payment.
Purchases. Make use of the 6-month-long introductory period on purchases and get a 7.9% p.a. interest rate. After this introductory period, an ongoing interest rate of 11.5% p.a. will be applied to purchases made with this card.