Members Equity Credit Cards

Members Equity bank has been in existence since 1999. Ever since establishment they have strived to provide some of the best value offers in banking with their member oriented, rather than customer oriented, approach to banking. Be it low-fee day-to-day banking or great savings from low interest rate credit cards, it seems they are determined to win the hearts of the working Australians. Here is a summary of the benefits attached to Members Equity Credit Cards.

Members Equity MasterCard

Currently the flagship product in the line of Members Equity Credit Cards, this card boasts of some great value offerings. The primary points of interest are noted below:

• Low interest rate - The interest rate is 12.25% p.a.. for purchases made with this card. This is currently one of the lowest interest rates in the market for regular purchases through a credit card.
• Interest free days - Cardholders can receive up to 44 days interest free on purchases. As long as you pay the full statement amount due every month you don't have to pay any interest on your purchases at all.
• Low annual fee - The members of this card account only need to pay $49 per year.
• Add more cardholders at no extra cost - You can add up to 8 more cardholders to the same account, without paying additional fees or charges.
• Replacement cards - If your card gets accidentally stolen or lost, you can receive a free replacement card. You don't even have to go down to the local branch to collect it, and can receive the replacement card directly in your mail. This replacement policy also applies when you are travelling. The emergency overseas replacement option gives you the freedom to take your card with you wherever you travel, enjoying the peace of mind that comes with such secure measures.
• Enjoy all the MasterCard Exclusive offers - As a cardholder you enjoy full access to all the special events which are part of the 'MasterCard Exclusives' program. Get exclusive first access to a range of live arts, music and theatrical events, and book your travel with a host of hotels and resorts only available to MasterCard members.

As you can see there are no special balance transfer offers or rewards programs attached to Members Equity Credit Cards. What it offers instead is a great no-frills, low interest everyday savings card.