Sutherland Credit Union
Credit unions are built upon a principle of people helping each other out, and are owned mutually by their members and run democratically by the same. There are no shareholders to pay, no high profit margins to maintain. The reason the credit union exists is to aid in the financial goals of their members. Sutherland Credit Union operates under this same model, and is designed specifically to aid their members in their goals.
This is a major different between any credit union and typical banks, which are built around the goal of making a profit – even at the cost of their clients. Sutherland is different – the more their members benefit, the more the collective credit union will benefit. Any profits are sunk by the union back into projects and products designed to benefit the members. With Sutherland, the Board will vote on prospective uses of those profits, and they are used to lower rates and fees and to help better their products and the community that they serve.
Sutherland Credit Union Credit Cards
The credit cards offered by Sutherland Credit Union come in both Visa and MasterCard varieties. This means that you’ll be able to access your funds almost anywhere in the world, so long as you see one of these two logos displayed at the business. You can find a variety of cards under both the Visa and MasterCard networks.
MasterCard
With the Sutherland Credit Union MasterCard options, you get the great rates and fees that you’d expect from a credit union with the added benefit of up to 55 days of no interest on your new purchases. The cards offer you two different rewards programs that you can use, giving you the option to choose the best one for you. Your options include the Take Flight frequent fliers program, which is one of the easiest and most flexible programs available.
Visa
The Visa offered by Sutherland Credit Union can be used as a debit card linked to your transaction account, or as a “credit” card that is linked to an approved overdraft account. There aren’t a lot of benefits to this one, but it does provide choices – especially if you have credit problems and can’t get the MasterCard.
You can apply for either card by calling their MemberLink line, going to your local branch and talking to a representative or by visiting their website at www.sutherlandcu.com.au. They also have a variety of tools to help you make your decision such as showing you all your loan options and convenient online calculators to help you decide what you can and can’t afford.
Banking and getting credit cards through Sutherland Credit Union allows you the many benefits of working and banking with an institution designed for members just like you. You’ll enjoy their great low rates and fees, as well as products and services tailored for you. When you bank with a credit union, you enjoy the privilege of being more than a customer – and actually having a stake in the financial institution that you’re trusting your money to.
