Queenslanders Credit Union offers a great value in a credit card for its constituents. You can earn points towards rewards by simply using your card for those purchases you are going to make anyway. Redeem your points toward valuable items that you want for yourself, family or friends. There’s nothing complicated about it.

Another great feature of this MasterCard is a low balance transfer interest rate to give you an opportunity to pay off balances on those other credit cards.

Full Rewards MasterCard

Each person who pays their balances each month should receive rewards from their credit card provider, and that is why Queenslanders Credit Union has the rewards MasterCard. You have many choices of valuable products and services to apply your points toward. A sampling of ways to use your rewards includes:

  • shopping vouchers from places like David Jones, Myer, Harvey Norman, Kmart, Target and many more
  • cameras, iPods, printers, mobile phones and all kinds of electronics
  • books, subscriptions, wines and many other gifts
  • book flights and hotel accommodations through Card Services Take Flight and save even more
  • pay your annual fee or use rewards to reduce your MasterCard balance

You can get a more complete list of what your rewards can be used for by going to www.cardservicesdirect.com.au/rewards.

Your QCU MasterCard provides you with opportunities in everything you do. Here is just a sampling of what to expect with your full feature rewards card.

  • Get high credit limits from $5000 to as much as $25,000
  • International traveller’s insurance at no cost to you
  • Get rewards from MasterCard airline partners by using your points with the Virgin Blue loyalty program (Velocity Rewards) or Singapore Airlines program for frequent flyers (KrisFlyer)
  • Get an unheard of 4.9% per annum on balance transfers for 24 months

Additionally, if you want to join the Card Services Qantas Rewards program, all your monthly rewards points can be applied automatically to your Qantas Frequent Flyer account. There is a yearly fee of $118 for the Qantas program and you will need to sign up for an account directly with them.

Other Benefits of the QCU MasterCard

Some other benefits you will enjoy with the QCU MasterCard include a low fee annually of either $45 for the Silver MasterCard or $85 for the Gold. You will never have to worry about having a card for other family members because you get as many as four additional cards at no cost to you.

When your account is paid in full each month, you have 55 interest free days to pay for your purchases with no interest charges. While some credit card rewards programs tell you when to spend your rewards points, there is never an expiration on yours with Queenslanders as long as you own the card. You can buy with confidence because the MasterCard covers what you buy for three months when you own the Silver or Gold QCU MasterCard. This covers damaged, lost, or stolen items.

The Fine Print

Some of the items that you should know about your QCU MasterCard are:

  1. The special interest rate only applies to balance transfers, and new charges incur an interest rate of 19.24%. Payments to the account apply toward the lower rate balances first.
  2. Any balances remaining from the balance transferred after the 24 month rate period will be charged at the cash advance rate.
  3. You must earn at least $20,000 annually to qualify for the Silver and $35,000 to qualify for the Gold MasterCard.
  4. A minimum of 5000 points are necessary for membership in the Take Flight frequent flyer program.