The UniCredit WA Mutual Banking Credit Union MasterCard

What are you looking for in your credit card? Low rates? Rewards? Flexibility? What about all of the above? With the UniCredit WA Mutual Banking Credit Union MasterCard, you can get all of these features and more! Let’s have a look at what this card has to offer you.

Rates and Fees

Since comparing credit cards should always start with the amount of money that it’s going to cost you. Let’s start here. It’s important to know that you can afford your card, and that you always know what you should expect from your monthly bill.

Interest Rates: Your card offers you a great balance transfer rate if you’d like to get out of some of your high interest debt on other credit cards. The low balance transfer rate of 2.9% for six months will give you a chance to pay down your debt faster than if you just let it sit there and continue to accumulate interest at whatever rate you’re paying on your other credit card.

The interest rate for purchases is 19.49% p.a and for cash transactions it’s 20.24%. This is pretty well in line with other cards with the same set of features and benefits this card has, so you’re in good company with great competitive rates.

You also benefit from the very low annual fee of just $45. That includes up to 4 extra cards, unlike many other cards that will charge you an extra annual fee for each extra card on your account. If you opt to use the Qantas Rewards program, there’s a $118 annual fee for the extra program as well.

Features And Benefits Of The UniCredit WA Mutual Banking Credit Union MasterCard

Now we’re past the part where they’re taking your money, let’s see what they’re willing to give you (other than credit) for the money that you’re paying. I think you’ll be pleasantly surprised by the list of benefits for such a cheap card.

We’ll start out with the points program. For every dollar that you spend on your credit card, you’re going to earn 1 point. Those points can then be redeemed for a variety of different rewards:

  • You can opt to use cashback rewards to reduce your outstanding balance or to pay your annual fee.
  • You can choose to redeem those points for shopping vouchers that will save you money at places like Harvey Norman, Myer, David Jones and many other places that you probably already spend money – so why not save some for using your credit card?
  • There’s also the option to redeem those points for new and exciting gadgets like the newest iPods, digital cameras and mobile phones, just to name a few.
  • You can also choose from a variety of gifts like magazine subscriptions, wine, books and much, much more!

You can also use your rewards card with the Take Flight program, allowing you to save money on any airline, to any place in the world, any time you like.

Then, there’s the Qantas Rewards program. This will cost you an extra $118 a year, but your points will be converted to Qantas Frequent Flyer points on your statement date each month, and you can use these points with the Qantas Frequent Flyer program, according to their terms and conditions.

For the low annual fee and very competitive rates, you get a whole slew of rewards, benefits and perks that you can use to make your life better. If you’re in the market for a new credit card, definitely give this one a try!