Great Southern Bank Platinum Credit Card

Great Southern Bank Platinum Credit Card
  • $0 annual fee for the first year ($149 p.a. thereafter)*
  • 0% p.a. for 25 months on balance transfers with $0 transfer fee (rate reverts to the cash advance rate, currently 21.74% p.a.)**
  • Up to 55 days interest free on purchases if you pay your credit card balance in full each month (including balance transfer amounts)***
  • Earn one Platinum Rewards Point for every $1 you spend on purchases****.
purchase rate
19.99%

per annum

balance transfer
0%

p.a. for 25 months

then 21.74% p.a.

annual fee
$0

the first year

then $149

interest free days
55

maximum on purchases

cash advance rate
21.74%

per annum

credit limit
$5,000

minimum

Features

  • Free Extended Warranty Insurance
  • Free Accidental Damage Insurance
  • Free Overseas Travel Insurance
  • Free Transport Accident Insurance
  • Free Travel Inconvenience Insurance
  • Free Rental Car Damage Liability Waiver Insurance
  • Shopper's Protection Insurance
  • Concierge Service

Other fees

Supplementary card fee$0
International transaction fee on purchases3.40%
Late payment fee$12.50
Cash advance feeThe greater of 2.00% or $3.50
Duplicate statement fee$0

Things you should know

Minimum repaymentThe greater of 3.00% or $35

Rewards - Platinum Rewards Program

Points per dollar spent1

Product Specific Terms and Conditions

Great Southern Bank, a business name of Credit Union Australia Limited ABN 44 087 650 959 Australian credit licence 238317 is the issuer of the Great Southern Bank Platinum and Low Rate Credit Card. Lending criteria, fees, charges, Credit Card Conditions of Use apply.

* After the first year has expired, an Annual Fee of $49 for Low Rate cards and $149 on Platinum cards will be applied each year. Fees are current as at 1 June 2021 and are subject to change.

** This offer is available for approved applicants when they apply for a new Credit Card from 6 May 2021. This is a limited time only offer which may be withdrawn or changed at any time without notice. Offer not available to transfers from credit cards that you already have with us. Only one application per account accepted (consolidate up to 3 credit cards per application). The balance transfer application must be applied for within three months of the Disclosure Date in your Offer and Card Contract. Your total balance transfer may not exceed 80% of your credit limit. We may allow this to be exceeded at our discretion. The Promotional Interest Rate Period of 0% p.a. will apply for 25 months from the date the balance transfer application is processed. At the end of the Promotional Interest Rate Period, the Cash Advance rate (currently 21.74%p.a. as at 1 June 2021, subject to change) will apply to any part of the balance transfer which remains unpaid. The 55 days interest free period on purchases will not apply while any balance transfer amount remains outstanding. This means that all purchases will be charged interest at the applicable annual percentage rate.

*** The interest-free period of up to 55 days applies to purchases when you pay your balance off in full by the payment due date. If you carry over a balance on your credit card from one month to the next, the 55 days interest free period does not apply and you are charged interest once you make a purchase. No interest free period is available on Cash Advances or Balance Transfers.

** Rewards are only available with the Platinum Credit Card. Platinum Rewards Points accrue in accordance with the “Platinum Credit Card – Terms & Conditions for Other Benefits”. Points relating to the use of the card will be awarded for credit purchases only, capped at 100,000 points per year. You will not earn Rewards Points on interest charges; government charges; bank fees; gambling, cash advances, balance transfers and card account adjustments resulting from disputed transactions.

Complimentary insurance covers: AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 of Level 16, 310 Ann Street, Brisbane, Queensland 4000 (trading as Allianz Global Assistance) under a binder from the underwriter, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 of 2 Market Street, Sydney NSW 2000 has issued an insurance group policy to Great Southern Bank, a business name of Credit Union Australia Limited ABN 44 087 650 959 and Australian credit license 238317 of 145 Ann Street, Brisbane QLD 4000 which allows eligible Great Southern Bank account holders and cardholders to claim under it as third-party beneficiaries. Access to the benefit of cover under the "Platinum Credit Card - Terms & Conditions for Other Benefits" is provided to eligible Great Southern Bank account and cardholders by operation of s48 of the Insurance Contracts Act 1984 (Cth). Any advice on insurance is general advice only and not based on any consideration of your objectives, financial situation or needs. The terms, conditions, limits and exclusions of the group policy are set out in the "Platinum Credit Card - Terms & Conditions for Other Benefits" which may be amended from time to time. Great Southern Bank does not guarantee this insurance.

Mastercard and the Mastercard brand mark are registered trademarks of Mastercard International Incorporated.

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