Unity Bank Visa Credit Card

The basics

• Additional cardholders. Unity Bank's Visa Credit Card allows for one free additional cardholder. This means you can share your account with a family member or loved one and still maintain control of the account.
• Digital wallets. This card is compatible with Apple Pay, Google Pay, and Samsung Pay.
• Gambling transactions. Gambling transactions are allowed but will be classified as a cash advance.

Rewards and benefits

• Complimentary travel insurance. This is a low rate credit card and does not offer complimentary international travel insurance.
• Concierge services. The Unity Bank Visa Credit Card does not include a concierge service, which is standard for cards like this.
• Insurances. This card comes with fraud protection. You won't have any of the insurance coverage on offer with more expensive cards.
• Rewards points. Since it's designed as a cheap credit card, it does not have a rewards program.
• Sign up bonus. Unity Bank does not offer any new customer sign up bonus for this card.

Rates and fees

• Annual fee. The annual fee is waived for the first year and reverts to $60 p.a. thereafter.
• Balance transfers. This card currently has no balance transfer offer.
• Cash advances. All cash advances made with the Unity Bank Visa Credit Card — ATM withdrawals and cash equivalent transactions — will be charged interest at the rate of 12.24% p.a. Interest accrues immediately from the date of the transaction. A one-time fee will be charged in addition. This cash advance rate is competitive.
• Foreign exchange fee. Any purchases made while travelling overseas or with an online store based in a foreign currency will incur a 3% fee.
• Interest-free period. You can get up to 55 days of interest-free spending on your purchases (excluding cash advances) when you pay off your balance in full or make the minimum required payment.
• Purchases. There is currently no introductory offer on purchases. Any purchases that are not paid off will be charged interest at 12.24% p.a. It's not the lowest rate on the market, but it is one of the lowest.