The BCU Bank Rewards Credit Card makes it simple to earn cashback on your everyday spending, has a low variable purchase rate, and is a Mozo Experts Choice Credit Card Awards winner in 2023 for Best Cashback Credit Card.
The Rewards Credit Card from BCU Bank has a variable purchase rate of 13.05% p.a., one of the lowest interest rates in the Mozo database for a rewards card (as at 24th April 2024). The $89 annual fee also ranks among the lowest cost for a rewards credit card in the database (as at 24th April 2024).
When it comes to rewards, BCU Bank offers customers 0.66% cashback for every $1 spent on eligible purchases – i.e. those made for personal, household, or consumer purposes, not including cash advances, BPay, fees, interest, balance transfers, or business transactions.
The maximum amount of cashback you can earn per year is capped at $500, but to meet this limit you’d need to spend $75,758 on your card each year anyway. The going rate for cashback is essentially $0.0066 for every $1 you spend.
The cash advance rate for this card is 14.80% p.a., which isn’t the lowest around, but it’s still a relatively low rate compared to other credit cards on the market.
At 55 days interest-free on purchases, this credit card is pretty standard. There aren’t many credit cards offering longer interest-free periods out there.
As the minimum credit limit to open a BCU Bank Rewards Credit Card is $500, this card could be suitable for those looking for an entry-level card without bells and whistles, that comes with a cashback offer, and a comparatively low purchase rate.
There is a $5 late payment fee to be aware of. Plus, minimum repayments start at 3% of the closing balance or $10, whichever is higher.
Rates and fees information correct as at 27 April 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
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15,152 points
1 point per dollar on Visa, up to 75758 points per year
Receive 0.66% Cash Back for every eligible dollar spend. Your Cash Back Rewards are paid straight into a bcu Rewards Savings Account at the end of every month.
Spend $15,152 (Visa)
at 75,758 points yearly
Never
13.05% p.a. |
|
none |
|
No current offer |
|
none |
|
14.80% p.a. |
|
55 |
$89.00 |
|
none |
|
none |
|
none |
|
$5.00 |
|
$0 |
|
3.65% |
|
$6.00 |
|
$24.00 |
|
$0.00 |
$10.00 |
|
3.0 |
|
yes |
|
none |
Apple Pay, Google Wallet, Samsung Pay
Qantas Ultimate Card
23.99% p.a.
No current offer
$450
Qantas Frequent Flyer
Platinum Edge Credit Card
23.99% p.a.
No current offer
$195 $0 in the first year
Membership Rewards
Explorer Credit Card
23.99% p.a.
No current offer
$395
Membership Rewards
Velocity Platinum Card
23.99% p.a.
No current offer
$375
Velocity Frequent Flyer
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Qantas Discovery Card
23.99% p.a.
No current offer
$0
Qantas Frequent Flyer
Velocity Escape Card
23.99% p.a.
No current offer
$0
Velocity Frequent Flyer
Qantas Ultimate Card
Qantas Frequent Flyer
$450
60,000
1.25 points up to 100,000 points/year, then
1 point uncapped
Platinum Visa Credit Card
Qantas Frequent Flyer
$299
50,000
1 point up to 20,000 points/month
Qantas Rewards Premium Card
Qantas Frequent Flyer
$250 $150 in the first year
70,000
0.66 points up to $3,000/month, then
0.33 points up to $6,000/month
Qantas Premium Card
Qantas Frequent Flyer
$249
20,000
1 point uncapped
Rewards Signature Card
NAB Rewards
$295 $145 in the first year
160,000
1.25 points uncapped
Qantas Discovery Card
Qantas Frequent Flyer
$0
No current offer
0.75 points uncapped
Velocity Escape Card
Velocity Frequent Flyer
$0
No current offer
0.75 points uncapped
Qantas Rewards Signature Card
Qantas Frequent Flyer
$395 $295 in the first year
120,000
1 point up to $5,000/month, then
0.5 points up to $20,000/month
Low Rate Card
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
13.49% p.a.
$59 $0 in the first year
Premier Credit Card
0% p.a. for 6 months and then 22.24% p.a.
21.49% p.a.
$300 $150 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year
Citi Rewards Program
Blue Visa Credit Card
0% p.a. for 9 months and then 21.74% p.a.
0% p.a. for 9 months then 20.74% p.a.
$60
Q Rewards
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0% p.a. for 24 months and then 20.99% p.a.
20.74% p.a.
$149 $0 in the first year
Velocity Frequent Flyer
More Mastercard
0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee)
19.99% p.a.
$100
Bankwest More Rewards
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Low Rate Credit Card
12.99% p.a.
0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)
$99
Low Rate Visa Credit Card
9.90% p.a.
No current offer
$59
Low Rate Credit Card
8.99% p.a.
0% p.a. for 6 months and then 8.99% p.a.
$59 $0 in the first year
Low Rate Credit Card
12.99% p.a.
0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)
$99
Low Rate Visa Credit Card
9.90% p.a.
No current offer
$59
Low Rate Credit Card
8.99% p.a.
0% p.a. for 6 months and then 8.99% p.a.
$59 $0 in the first year
Blue Visa Credit Card
0% p.a. for 9 months then 20.74% p.a.
0% p.a. for 9 months and then 21.74% p.a.
$60
Flex Card
0% p.a.
No current offer
$120 $10 monthly fee waived if the outstanding balance on the previous statement is paid in full by the due date.
StraightUp Card
n/a
No current offer
$240 $20/month - waived if no spend & no balance owing
n0w Credit Card
n/a
No current offer
$228 Monthly fee is waived if account has a $0 balance and if card isn't used during the calendar month.