Aussie MasterCard Credit Card – Details and Application

Are you fed up of constantly paying high credit card bills? If you currently own a credit card with a high interest rate then now would be the perfect time to make a switch. With the use of the Internet it has never been easier to save money. One particular credit card that tends to come out on top is the Aussie MasterCard.

The Aussie MasterCard Credit Card offers cardholders far more benefits than just a low interest rate on purchases. While the opportunity to pay less in interest costs is always an advantage, this innovative credit card also offers great value for customers.

You may also be interested in an Aussie Personal Loan, which sets a fixed repayment period, allowing you to consolidate debts and repay the loan.

The benefits don’t just stop there either. You will benefit from a low on balance transfers. So if you are looking for a new card, this would be a great one to choose if you want to move your existing balance too.

If you hate having to pay high annual fees for just using your credit card then this is also a good card for you. It charges just per year. When you make a purchase you will receive up to 55 days interest free. You will also only have to pay .

Aussie MasterCard Benefits

Aussie Home Loans has become Australia’s leading non-bank retail financial services group. Offering customers access to great value mortgages, car loans, personal loans and insurance products, Aussie has expanded operations again to include a low interest rate credit card.

The Aussie MasterCard offers customer access to a low rate on purchases as well as access to a range of promotional deals. These include low rates on balance transfers, one of the lowest standard purchase rates available in Australia and an option to have your first annual fee waived.

However, for those customers who regularly repay their balance in full before the statement due date each month, Aussie MasterCard offers up to 55 days interest free on purchases. With a low annual fee, this could add up to some serious savings.

Cardholders receive fraud protection against any suspected fraudulent use of your credit card. Being a MasterCard, customers can use their card to make payments at more than 28 million retail outlets around the world.

Interest Rates, Fees & Charges

Balance Transfer Rate		2.99% p.a. for 12 months
Interest Rate on Purchases		9.99% p.a. for 12 months (reverts to 13.29% p.a.)
Annual Fee		$49
Interest Free Period		up to 55 days
Cash Advance Rate		19.99% p.a.
Card Type		Standard
Minimum Income Requirement		$15,000 p.a.
Credit Card Type		MasterCard
Rewards Program		No
Additional Cardholder Fee		$10 p.a.

Additional Aussie MasterCard Features

Customers who currently have outstanding balances on high interest credit cards can benefit from the low balance transfer rates available. With a choice of a 6 month promotional balance transfer rate and a 12 month promotional balance transfer rate, it’s easier than ever before to reduce your interest costs and begin working on your debt reduction plans.

Along with the low interest rate on purchases and balance transfers, the Aussie MasterCard credit card can also offer customers exclusive tickets to theatre, dance, musicals and sporting events.

Card holders are also able to access discounts at more than 2,500 restaurants as well as discounts on premium wines through the Aussie Wine Club.

With so many features and benefits available, it’s easy to see why Aussie has become Australia’s leading non-bank financial services provider so quickly. Take a little time to compare this offer with any of the leading bank offerings and you’ll soon learn that the Aussie MasterCard could be the ideal credit card for you.

More about Aussie

You may be wondering who exactly “‘Aussie’ are. It is always worth finding out more about a company before you sign up with them. Set up in February 2002, the company is one of Australia’s largest non-bank financial services group.

If you take out the Aussie MasterCard you can rest in the knowledge that it will be monitored for suspicious activity. If a transaction looks suspicious, Aussie will contact you to check that you made the transaction.

What Fees Are Included?

As well as an annual fee, you will also need to pay an additional $10 for every extra card that you order. If there are additional cardholders then you will also be charged an extra $10 per year. Also, if you ask for a cash advance you will be charged a 2% fee. The minimum fee will be $4. It is also worth noting that if you use your card at ATMs, some companies may charge a small fee.

If you go over your credit agreement limit you will be charged $25. You will also be charged $25 if you miss a minimum monthly repayment. When planning a holiday, keep in mind that there will be an overseas transaction fee if you use your card in a different country. It is currently 3% of the value of the foreign currency that is charged to Aussie.

Transferring Balances to the Aussie MasterCard

If you are considering moving your existing balance onto the Aussie MasterCard then the interest rate is definitely worthwhile. You get to benefit from this low rate for a whole 12 months. This gives you plenty of time to pay off your debts. A lot of the time when you are paying high interest on your balance you are often only paying back the interest every month. When you get a card with a low interest rate you no longer have to worry about just touching the interest – you will actually be paying off the balance too.

Aussie will complete most of the paperwork for you so switching couldn’t be easier. It is worth keeping in mind that you can only transfer up to 95% of your agreed credit limit on the Aussie MasterCard. The Aussie site offers a fantastic balance transfer calculator so you can work out exactly how the transfer would affect your finances.

How to Apply for the Aussie MasterCard

There are a few conditions that you need to meet before you can apply for an Aussie MasterCard. Firstly you need to be at least 18 years of age. Secondly you will need to earn more than $15,000 per annum. Finally you also need to be an Australian resident to be accepted for this credit card.

If you fit the above restrictions then you can choose to apply in one of five ways. You can apply online, over the telephone, through fax, in person or you could even post your application to the company. Simply choose whichever option is best for you.

In order to complete the application you will need a few personal details at hand. You will need your employment details including your employers contact number and address. If you are self employed you will need to provide an accountants name and contact number. Any assets that you have such as your home and car will also need to be listed. If you have a driver’s license then you will need the details for that too.

Finally you will also need to include information about any debts that you currently have and how much you pay per month to any creditors.
The fastest option would be to apply online. It takes just 60 seconds to get a decision. It will take around 15 minutes maximum to fill out the application. Your credit history will be looked into by the company before you are accepted. Therefore if you have bad credit you may want to reconsider applying. You will also need to confirm your identity using the Aussie MasterCard Identity verification form.

Overall before you apply for any credit card you should make sure that you meet the requirements set by the company. It is also worth comparing other credit cards just to check that you are applying for the best one to suit your needs. Take a look at the benefits of the Aussie MasterCard now and see just how it compares to similar credit cards on the market.