Pulse Credit Union MyCard Platinum MasterCard Review

Information verified correct on October 29th, 2016

Enjoy the benefits of platinum while you save on balance transfers and pay down your existing debt

The Pulse Credit Union MyCard Platinum MasterCard comes linked to a rewards program and offers cardholders a number of complimentary insurance covers. Cardholders also get 24/7 access to a platinum concierge service.

A limited time offer lets you take advantage of a 0% p.a. interest rate for 14 months on balance transfers.

Product NamePulse Credit Union MyCard Platinum Mastercard
Rewards ProgramCard Services Rewards Program
Balance transfer rate (p.a.)0% p.a. for 14 months
Balance Transfer Revert Rate
The interest rate after the balance transfer ends.
Cash Advance Rate (21.74% p.a.)
Balance Transfer Limit80% of available credit limit
Purchase rate (p.a.)20.24% p.a.
Offer end date31 January 2017
Annual fee$179 p.a.
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 55 days on purchases
Cash advance rate (p.a.)21.74% p.a.
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
Max credit limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
Minimum Monthly Repayment2% or $30 whichever is greater
Minimum Income$35,000
Card TypeMasterCard
Late Payment Fee$10
Complimentary Travel InsuranceYes
Complimentary Travel Insurance Cover0 months
Available To Temporary ResidentsNo
Minimum Income$35,000
Minimum Age18 years of age
Available to Temporary ResidentsNo
Credit Rating Requirement
Credit rating requirement is provided only as a guide. Understanding your credit file helps you make more informed decisions in regards to your finances. Learn more about what this means here.
Min Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
Max Credit Limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
Annual Fee$179 p.a.
Minimum Repayment2% or $30 whichever is greater
Late Payment Fee$10
Over Limit Fee$40
Cash Advance Fee$3.50 (or 3.50% of amount when >= $100) for each cash advance
Overseas Cash Advance Fee$5
Additional Cardholder Fee$0 p.a.
Number of Additional Cardholders4
Rewards ProgramCard Services Rewards Program
Rewards Points per $ (VISA/MC)1.25
Points ExpiryNever

Pulse CU Platinum MasterCard review

If you’re looking for a credit card that enables you to earn and redeem reward points in accordance to your credit card usage, you can consider applying for this card. The initial 0% p.a. charged on balance transfers can help you save on interest, and when you make your repayments in full you’ll have up to 55 interest-free days on purchases.

Benefits of Pulse CU Platinum MyCard MasterCard

Getting the Pulse CU Platinum MasterCard comes with a number of benefits, which include the following:

  • Earn reward points. Redeem without too much cost with free enrolment to the Card Services Rewards Program, and 1.25 reward points earned on every eligible purchase. You can make these purchases at EFTPOS terminals, online, or over the phone.
  • Use a platinum concierge service. A platinum concierge service is at your call 24/7 and can assist you in many ways, from reserving tables at restaurants and booking flights, to delivering gifts and translating documents.
  • Introductory rates. If you apply for this card before a certain date you get to pay 0% p.a. interest on balance transfers. This rate stays in place for the first 14 months, giving you time to benefit from low-cost spending and also time to pay down your existing debt.
  • Complimentary insurance covers. Cardholders get to access a range of protective covers. When you’re travelling overseas you’ll benefit from international travel insurance, while domestically you can take advantage of interstate flight insurance. When you spend you’ll be protected with the complimentary guaranteed pricing scheme, purchase cover insurance and extended warranty insurance.

Pulse CU Platinum MyCard MasterCard features

This platinum credit card, like most other platinum cards, does not fall short when it comes to features. You’ll get access to the following with this card:

  • Annual fee. You have to pay an annual fee of $179 to maintain this card.
  • Rewards. You have various options when it comes to redeeming your reward points. Use them in the form of cashback, to get store or travel vouchers, book your flights or simply transfer them to a frequent flyer program account.
  • Intro rate. The introductory 0% p.a. rate on balance transfers can provide noticeable savings.
  • Complimentary insurance. Different insurance covers are in place to provide protection, not just to your purchases, but also for you when you’re travelling as well.
  • Interest-free days. If you keep paying your outstanding balance in full each month, you can get as many as 55 interest-free days on purchases.
  • Additional cardholders. This card allows you to get up to 4 additional cards, and these cards can earn reward points, too.
  • Security. This card makes use of microchip technology, which offers more protection against fraud when compared to cards that rely on magnetic strips. Fraudshield is in place to track your account for irregular transactions. SecureCode is an online program that provides extra security when you use this card to make online payments.
  • Free card replacement. You get a free replacement card in case of a lost, stolen, or damaged card.
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How to apply for the Pulse CU MyCardPlatinum MasterCard

Applying for the Pulse CU Platinum MyCard MasterCard is fairly straightforward, and to apply online simply click on the ‘Go to Site’ button.

Application criteria

Before going forward with the application, establish if you meet the following application criteria:

  • You are over 18 years old
  • You are a permanent Australian resident
  • You have good credit history
  • You earn at least $35,000 p.a.

Information you’ll need

Completing the application requires that you part with different kinds of information, which includes the following.

  • Provide personal details like your complete name, date of birth and your address.
  • Job-related information comprises your employer’s name and contact details as well as your employment status.
  • You’ll have to provide financial information related to your income, expenditure, liabilities, and assets.

The Pulse CU Platinum MasterCard is a good option if you plan to make use of its rewards program, and its concierge service can provide valuable assistance in times of need. Given that there are other cards that offer similar features, you can still compare few options before you apply.

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Credit Cards Comparison

Rates last updated October 29th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
11.99% p.a. $0 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info
NAB Low Rate Credit Card
The NAB Low Rate Card offers 0% p.a. on purchases and balance transfers for 15 months. This card also comes with a low annual fee.
0% p.a. for 15 months (reverts to 13.99% p.a.) 0% p.a. for 15 months with a one off 3% balance transfer fee $59 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards CreditCardFinder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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