Regional Australia Bank Credit Cards

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Enjoy ‘Your Choice’ with a Regional Australia Bank credit card

Regional Australia Bank came into effect after the merger of Orana Credit Union and New England Credit Union in 2008. A merger with Hunter Mutual followed in 2010. Regional Australia Bank now represents these three regional credit unions that have come together to form a strong regionally-based financial institution.

With around 70,000 members and assets of about $1 billion, this financial institution is the nation’s largest inland credit union. It has 29 branches, from Tenterfield in the north to Singleton in the south, and from Cobar in the west to Walcha in the east. It offers its members a the range of financial products and services you’d expect from a bank.

Compare credit cards from Regional Australia Bank

Rates last updated September 30th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Regional Australia Bank Your Choice Credit Card
Enjoy 55 days interest-free on purchases and a low annual fee of $40.
11.69 (reverts to 14.69% p.a.) $40 p.a. More info

Types of credit cards that Regional Australia Bank offers

Regional Australia Bank, through the three credit unions under its umbrella, provides a Visa credit card. This is its only credit card offering.

  • Low rate credit cards

If you’re the type of credit card user who does not pay outstanding balances in full each month you can benefit by getting a low rate card. The Your Choice Credit Card that you can get through Regional Australia Bank charges a low ongoing rate, and if you pay your balances in full each month, you can get up to 55 interest-free days on purchases. In addition, unlike many other cards that charge higher cash advance rates, this card charges the same interest rate for purchases and cash advances. Keep in mind it attracts a nominal annual fee.

Rates last updated September 30th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Interest Free Period
Regional Australia Bank Your Choice Credit Card
Enjoy 55 days interest-free on purchases and a low annual fee of $40.
11.69 (reverts to 14.69% p.a.) $40 p.a. Up to 55 days on purchases More info
Rates last updated September 30th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Interest Free Period
Westpac Low Rate Card
A simple low interest rate card featuring a low ongoing rate on purchases, up to 55 days interest-free on purchases and a low annual fee.
1% p.a. for 12 months (reverts to 13.49% p.a.) 0% p.a. for 18 months $59 p.a. Up to 55 days on purchases Go to site More info
ME Bank frank Credit Card
A low interest rate on purchases and cash advances with no annual fee charge.
11.99% p.a. $0 p.a. Up to 55 days on purchases Go to site More info
American Express Essential Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card. Also enjoy a 0% p.a. balance transfer rate for 12 months.
14.99% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. Up to 55 days on purchases Go to site More info
Newcastle Permanent Value+ Credit Card
Enjoy a competitive annual fee and interest rates on purchases, cash advances, and balance transfers.
11.49% p.a. $49 p.a. Up to 55 days on purchases 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 2% balance transfer fee $59 p.a. Up to 55 days on purchases Go to site More info
Westpac 55 Day credit card
Enjoy a balance transfer offer of 0% p.a. for 16 months, an introductory purchase rate of 1% p.a. for up to 12 months, plus a waived annual fee for the first year if applied by 11 October 2016.
1% p.a. for 12 months (reverts to 19.84% p.a.) 0% p.a. for 16 months $0 p.a. annual fee for the first year ($30 p.a. thereafter) Up to 55 days on purchases Go to site More info
Coles Low Rate MasterCard
A low rate MasterCard with a competitive rate on purchases and a low annual fee.
9.99% p.a. 0% p.a. for 6 months $49 p.a. Up to 62 days on purchases Go to site More info
NAB Low Fee Card
Enjoy a low introductory rate of 0% p.a. on balance transfers and purchases for 15 months.
0% p.a. for 15 months (reverts to 19.74% p.a.) 0% p.a. for 15 months with a one off 2% balance transfer fee $30 p.a. Up to 44 days on purchases Go to site More info
ANZ First Visa Credit Card - Exclusive Offer
Take advantage of this exclusive offer and enjoy 0% p.a. for the first 12 months on balance transfers and 0% p.a. for the first 3 months on purchases.
0% p.a. for 3 months (reverts to 19.74% p.a.) 0% p.a. for 12 months $30 p.a. Up to 44 days on purchases Go to site More info
ANZ Low Rate
Save on your existing credit card interest with 0% for 18 months on balance transfers with a low annual fee and low ongoing purchase rate.
13.49% p.a. 0% p.a. for 18 months with 3% balance transfer fee $58 p.a. Up to 55 days on purchases Go to site More info
Citi Clear Platinum Card
Enjoy 0% p.a. for 9 months interest-free purchasing and 0% p.a. for 9 months on balance transfers.
0% p.a. for 9 months (reverts to 14.99% p.a.) 0% p.a. for 9 months $99 p.a. Up to 55 days on purchases Go to site More info
Learn more about low rate credit cards

Benefits of banking with Regional Australia Bank credit card

Irrespective of which of the three credit unions you deal with, you get the same credit union benefits. This applies when you get a Regional Australia Bank credit card as well.

  • Freedom of usage

You can use the Your Choice Credit Card to make purchases in regular brick-and-mortar establishments, and you can use it to pay bills and make purchases, both online and over the phone. You can look forward to using this card while travelling just about anywhere, given that Visa finds acceptance in over 200 countries. For cash advances, simply turn to any ATM that displays the Visa logo.

  • Discounted interest rate

If you have an existing mortgage with the Regional Australia Bank or plan to take one on, you get a discounted interest rate on your Regional Australia Bank credit card. This can lead to noticeable savings in the long run.

  • Transfer balances

If you have existing credit cards that charge higher interest rates, you can consider transferring their balances to this credit card. Not only will you get to take advantage of a lower rate, but doing so also takes away the need to keep track of multiple cards.

  • Card security

Regional Australia Bank Visa cardholders benefit from the latest in technology. Your new Visa credit card makes use of microchip technology, and Verified by Visa, an online program that works behind the scenes when you use this card online, tracking transactions for unusual activity.

How to apply for a Regional Australia Bank credit card

You can visit any branch that is part of this network or you can start by calling Regional Australia Bank. Online applications are also accepted. To apply, you have to meet the following eligibility criteria:

Eligibility criteria

  • You are at least 18 years old
  • You are a permanent Australian resident
  • Good credit rating

Required documents

The application requires that you provide different types of information, which includes the following:

  • Personal details. Start by providing your complete name, address, contact information and the like.
  • Employment details. This includes your employment status and your employer’s name and contact details.
  • Financial details. Income from all sources, expenses, debts and liabilities will have to be listed.

What happens next?

After you submit your application a Regional Australia Bank representative might get in touch with you to collect additional information. Inform the payroll department at your workplace of a probable income verification call to do your bit in speeding things along. The Your Choice Credit Card is only for Regional Australia Bank members, so if you’re not an existing member you’ll have to become one before receiving your card. This requires that you complete a legally required identity verification process.

Frequently asked questions

How quickly can I complete the Your Choice Credit Card application?

The application takes around 10 to 15 minutes to complete, but it requires that you have access to different types of information.

Can I check the status of my application?

To check your application’s status you can call Regional Australia Bank or visit your closest branch.

How often will I receive a statement?

You receive your credit card statement once every month. It carries details surrounding all purchases, cash advances, payments, interest, and charges during the given period.

How can I make repayments toward my Your Choice Credit Card?

You can set up automatic repayments using a Regional Australia Bank savings or transaction account, or from an account of another Australian financial institution. You can make repayments by visiting any Regional Australia Bank branch, you can mail in cheques, and you can make repayments via online and phone banking.

Can I get an additional card for someone?

You can get an additional card linked to your primary Your Choice Credit Card account as long as the individual in question is over 18 years of age and meets identity verification requirements.

Are there any stipulations surrounding balance transfers?

To apply for a balance transfer, your Regional Australia Bank credit card account should not be delinquent. The amount should exceed minimum balance transfer amount requirements, and cannot exceed your available credit limit.

What should I do if I lose my card?

You should call the toll free lost and stolen card hotline immediately.

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Credit Cards Comparison

Rates last updated September 30th, 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

* 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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