Greater Building Society Credit Card

This Greater Visa from Greater Building Society offers very low fees in addition to a range of other great products. Let’s review some of the features of this Greater Visa credit card to see how it can benefit you.

What Are The Fees For This Credit Card?

This credit card has an extremely low annal fee of only $30. However, if you spend at least $10,000 in the first year, you will not have to pay the $30 annual fee the following year. This means that you will be rewarded for using your credit card by having the annual fee waived.

In addition to this, balance transfers are available through the Greater Building Society, but any requests are subject to approval. Balance transfers can be very beneficial if you have current outstanding credit cards. They allow you to transfer your unpaid balances to your new account so that you can take advantage of a lower interest rate. This is beneficial as you will be able to pay your balances off a lot faster because you will have less interest to pay. More of your payment will be going towards your debt, rather than towards the interest charges.

The interest rate on this Greater credit card from Greater Building Society is currently at 10.74% p.a. However, this rate is subject to assessment and may be changed.

What Benefits Does This Credit Card Offer?

In addition to low fees, you will be able to take advantage of 55 interest free days. However, this is only applicable if you have paid the the balance on your monthly statements, in full and on time.

You will have access to BPAY with this card, which enables you to make payments with your credit card to many different companies. You will also be able to take advantage of the free telephone and online banking services that are offered by Greater Building Society.

Essentially, he benefits of this card can be accessed if you use your card in a financially responsible way. If your balances are paid on time and in full, then you will be offered the 55 interest free days.

Also, with a MasterCard, you will have the power to spend money all over the world. With MasterCard accepted in millions of locations worldwide, you will not be stuck without money regardless of where you are.

Is This Credit Card A Good Choice For Me?

In order to answer that question, you need to assess your current financial situation in order to determine whether or not the fees and charges fit within your credit card budget. Another very important thing to factor is whether or not you will be able to make your payments on time. Although the interest rate is not as high as some of the competitors’ cards, it is still worth considering this point.

Building societies such as Greater Building Society are able to set their own pricing and services in order for them to better serve their customers. Building societies are known for offering their members very good services and products, so it is definitely worth considering the Greater Credit Card as an option for your next credit card.