Gold Or Silver

The Low Rate MasterCard comes as either a Silver card or a Gold credit card. The Silver credit card is available to people that have an income of more than $20,000 and are between the ages of 18 and 54. Anyone that is older than 55 with an income of more than $15,000 can also apply for this Silver card.

The Gold MasterCard is designed for members that earn more than $35,000 on a yearly basis. This card has all of the super features that you’ll find on the Silver credit card along with other exclusive features. The credit limit is higher on the Gold card and complimentary insurance for international travel is also included.

Annual Membership Fee

The annual membership fee for the Silver Low Rate MasterCard is only $45 per year while the membership fee for the Gold MasterCard is a reasonable $85 per year. This makes owning either one of these cards truly affordable.

Interest Free Shopping

Receive up to 55  days of interest free shopping with both of these credit cards. Depending on your statement date and the day you make your purchase, you won’t have to pay a penny in interest for up to 55 days. This is almost the equivalent of taking out a short-term loan.

Credit Limits

Enjoy higher credit limits with both the Silver and the Gold MasterCard. The credit limit for the Silver MasterCard can be anywhere between $2000 and $7000 while the limit for the Gold MasterCard is between $5000 and $25,000. When compared to other credit cards, these limits are higher than average, which gives you more freedom to make the purchases you need to make.

Additional cardholders

You have the flexibility of adding up to four extra cardholders to your account with the Broken Hill Community Credit Union Low Rate MasterCard. This allows other family members to use their own cards, but they are all linked to one account. This gives you the convenience of managing only one credit card account in the family instead of having different accounts spread out amongst different family members.

Cash Advances

Your MasterCard is a part of a worldwide network and is accepted at more than 22 million different establishments globally. You’ll never have a problem accessing your money anywhere in the world and will be able to withdraw the following amounts.

  • Maximum $500 at branches of Australia Post once every 24 hours.

  • Maximum $1,000 per day at overseas and Australian ATMs.

  • Maximum $30,000 at any financial institution that displays the famous MasterCard logo. This is dependant upon your credit limit.

Purchase Cover

Every time you use the Low Rate MasterCard to purchase a retail item you can sit back and relax knowing that your items are insured against damage, theft or loss for the first three months after the purchase was first made. This card gives you the protection you want and need when making purchases.

Balance Transfers

You can transfer a balance over from one of your existing credit cards to your new Low Rate MasterCard. You’ll be able to take advantage of a low interest rate to help you make the payments without having to worry about high interest charges accumulating.

The minimum amount required for a transfer balance is $500. You can request a transfer at the time of applying for your credit card. Simply fill in the details from your current credit card and the amount you would like transferred. By applying for the transfer when you fill out your application form for your new card, you’ll be speeding up the process considerably. You’ll have six months from the time your application is approved to enjoy the low interest rates before the standard rate kicks in. Use the Low Rate MasterCard to get your debt handled once and for all.

Fraudsheild

Be protected with Fraudshield when you use your Low Rate MasterCard. Your card will be constantly monitored to make sure that any transactions that seem irregular don’t show up on your account. If we see anything that looks suspicious happening we will give you a call to make sure that it is you that is doing the purchasing. We will call you right away even if you’re out of the country.

The Low Rate MasterCard is a chip credit card that has a microchip embedded in it. It offers a high security system since all of your card’s data is securely stored inside this chip. It is harder to copy your card’s details when they are contained in a chip versus a magnetic strip. This type of card can be used both in Australia and overseas and can be used at any ATM that accepts MasterCard.

International Travel Insurance

Free insurance for international travel is offered only to Gold cardholders. When you buy your travel tickets for an international flight using your Low Rate MasterCard, you will be able to take advantage of free travel insurance for both you and your family members. This insurance covers damage or loss to any of your personal items, personal liability, trip cancellation, medical expenses and any unexpected travel expenses. This extra peace of mind is completely complimentary as a Gold Cardholder.

Inconvenience Insurance For Interstate Travel

When you book your interstate flight with your Low Rate MasterCard you will receive free insurance for interstate flight inconvenience. This insurance covers all of the following:

  • Damage or loss of personal items.

  • Delayed  flights.

  • Flight cancellations.

  • Delays with luggage.

It’s nice to know that you are covered for all of the above whenever you fly on an interstate flight when you’ve use the card to make the booking. This can save you hundreds of dollars, depending on how often you fly, and also saves you the hassle of getting insurance every time you take to the skies. This insurance is only available to cardholders that have the Gold card.

Manage Your Account Easily

Enjoy the convenience of online banking and payment options with your Low Rate MasterCard. Easier card management means better control of your spending and transactions.

The Application Process

You can apply for a Low Rate MasterCard if you are at least 18 years of age and a resident of Australia. You also need to be a member of the Broken Hill Community Credit Union to fill out an application. You can download an online application form for both the Silver or the Gold MasterCard or visit a branch office to pick up a form. Fill out the form in full and then mail it to the address on the form or drop the completed form off at a branch. You can also fax in the form. You’ll need to make sure that the application is filled out in full or the application process may be unnecessarily delayed. Double check the application before sending it in.

It may take up to three weeks for the processing of your application to be completed. Once this has been done you will be sent your new MasterCard and your PINS by post.

Accessing Your Information

You can access all the details on your account easily by visiting www.cardservicesdirect.com.au. All of your details are kept completely secure and you will be able to see your available credit, your transactions, the balance of your account and when your next payment will be due.

Have To Make Payments

Payments can be made using BPAY via Internet banking or telephone banking. Repayments may also be made at an Australia Post outlet for a fee or by Easy-Pay with a check. When you use Easy-Pay your payments are transferred automatically from the bank or credit union account you have nominated.

Features Of The Broken Hill Community Credit Union Low Rate MasterCard

  • 11.85% p.a. every day interest rate.

  • Up to 55 days of interest free shopping.

  • Low balance transfer rates available.

  • Purchase cover on retail items for up to three months if the Low Rate MasterCard was used to make the purchase.

  • Complementary international travel and accident insurance for Gold cardholders.

  • Interstate flight inconvenience insurance for Gold cardholders.

  • Cash advances available.

  • High credit limits on both cards.

  • Four additional cardholders can be added for free.

  • Enjoy low rates on balance transfers for up to six months from the time the application was accepted.

  • $45 annual membership fee for the Silver MasterCard and $85 for the Gold credit card.

The Low Rate MasterCard offered by Broken Hill Community Credit Union is the perfect card when you are looking for a credit card with a low interest rate combined with great features.