G&C Mutual Bank credit cards

G&C Mutual Bank
G&C Mutual Bank's overall rating for credit cards

(as rated by the Mozo community)

8.4 / 10

based on 9 reviews

G&C Mutual Bank is member-owned and was also the winner of a Mozo Experts Choice Award for best low rate credit card in 2015. So if you’re after a new piece of plastic for your wallet, look no further! Check out the great options on offer from G&C Mutual below:

Rates and fees verified as correct at 22 November, 2018. Other information correct at the time of writing.

What credit cards do G&C Mutual Bank offer?

Low rate credit cards Low rate credit cards

Do you tend to miss a payment or two, or carry a balance on your credit card? It’s not the end of the world, if you’ve got a low rate credit card from G&C Mutual Bank in your pocket. This card offers great rates and a competitive annual fee, so you’ll never pay too much for your spend again!

Product Purchase rate Balance transfer rate Annual fees Interest free days

9.49% p.a.

No current offer

$50

50


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Low fee credit cards Low fee credit cards

Product Purchase rate Balance transfer rate Annual fees Interest free days

9.49% p.a.

No current offer

$50

50


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Rewards credit cards Rewards credit cards

Ready to rack up some serious rewards points? With the rewards card option from G&C Mutual, you'll have a stack of rewards points before you know it - just remember to budget for the hefty annual fee and steep purchase rate!

Product Points per dollar Purchase rate Balance transfer rate Annual fees

0.85 points per dollar on Visa, uncapped

18.74% p.a.

No current offer

$249


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Prestige cards Prestige cards

Do you whip out your credit card with rewards and freebies in mind? Then you’ll want to check out a premium credit card from G&C Mutual Bank. Although there’s a hefty annual fee and interest rate to contend with, it’s not the most unreasonable premium price tag around, and if you love the perks of a fancy piece of plastic, this one may be for you.

Product Points per dollar Purchase rate Balance transfer rate Annual fees

0.85 points per dollar on Visa, uncapped

18.74% p.a.

No current offer

$249


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Frequent flyer credit cards Frequent flyer credit cards

Set off on a world-wide adventure with this high-flying credit card from G&C Mutual. Look out for the hefty annual fee, and make sure you're spending enough that the points you earn will balance it out!

Product Points per dollar Purchase rate Balance transfer rate Annual fees

0.85 points per dollar on Visa, uncapped

18.74% p.a.

No current offer

$249


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**Saving based on the average difference in fees and charges over 3 years between the most competitive product Mozo can refer a consumer to and the average credit card product input by 6,863 consumers (average balance of $4,262 or balance transfer balance of $5,818, interest rate of 19.6% and annual fee of $36.50) who used the Mozo Credit Card Health Check tool between 1 January 2012 to July 2012.

Frequently Asked Questions about G&C Mutual Bank credit cards

What is the interest free period on my G&C Mutual Bank credit card?

Interest free days are the best way to keep your credit card balance under control, so knowing how they work is important. First of all, you’ll have up to 50 days to pay off the balance on your G&C Mutual Bank credit card before it attracts interest, but only if you keep up with your monthly payments. If you don’t pay off your whole balance each month, you’ll wind up losing your interest free days for the next month - and that’s not what you want.

You should also know that interest free days start when your statement cycle does (usually in the beginning of the month) and not when you make a purchase.

What fees might I be charged?

Good news! The annual fee is waived for the first year on any G&C Mutual credit card. Not so good news? After that either card will attract an annual fee - a pretty steep one in the case of the premium option.

Other than that, fees you should look out for include the usual foreign exchange margin and cash advance fee, plus all the penalties for late payments or overdrawn funds that usually accompany credit cards. Want to skip out on those extra fees? Check out our guide on how to avoid paying credit card fees.

What’s the minimum repayment amount I must make?

It depends on what your final balance is. If your balance is below $20, then you’ll need to pay off the whole amount as your minimum. If it’s more, than you’ll pay either $20 or 5% of the closing balance - whichever is higher. 

What rewards will I earn with my G&C Mutual Bank credit card?

If you opt for a low rate credit card from G&C Mutual, you won’t earn rewards points. But if you go for a premium option, you’ll have some very decent rewards earning power behind your spending - not to mention a bunch of cool perks like complimentary insurance, which you can check out below.

This card is great for travellers, because all your rewards points are converted directly into Qantas frequent flyer points. The points are pretty simple - 1 point for every $1 you spend, or if you spend on Qantas products, you’ll earn 2 points per $1.

You can redeem those points for a bunch of cool things, like:

Flights or upgrades on Qantas and its partner airlines

Hotel bookings all around the world

Heaps of retail products from the Qantas store

You’ll also have 24/7 access to perks like the VISA concierge service, which can help you with a range of different things, including arranging travel bookings.

What insurance cover is available for my G&C Mutual Bank credit card?

Your premium G&C Mutual Bank credit card comes with a range of complimentary insurance covers, including:

Overseas travel insurance

Transport accident insurance

Purchase security insurance

Domestic flight inconvenience insurance

Can I use my G&C Mutual Bank credit card for a balance transfer?

If you want to manage your credit card balance by doing a balance transfer onto a G&C Mutual Bank credit card, you absolutely can! But there are a couple of things to keep in mind when you do:

The balance you transfer can be worth up to 75% of your total credit limit.

When the 0% interest period runs out, any balance you have left on the card will then begin to attract interest at the cash advance rate - which is considerably higher.

Make sure you have a plan to pay off your balance before the interest free period runs out, so that you don’t wind up hit with big interest bills.

Will my G&C Mutual Bank credit card work anywhere in the world?

Pretty much! G&C Mutual Bank credit cards work on the VISA network, which is available in most places around the world. Just don’t forget to factor foreign exchange fees into your holiday budget!

Does that mean I can use payWave with my G&C Mutual Bank credit card?

You got it! Because your G&C Mutual Bank credit card is a VISA card, you can pay for purchases under $100 using contactless payments.

What can I do to avoid credit card fraud

There are a few steps you can take towards making sure your credit card is secure as possible, including:

When shopping online, use sites that are Verified by Visa

Never give out your personal information online, not even to those claiming to be from your bank

Keep your passwords secret and hard to guess

Don’t send payment details over email - they can be picked up by hackers. Most online shopping sites will use security features to prevent this, but email doesn’t provide that

Review your monthly credit card statements and look for unusual activity. If you find something, report it to G&C Mutual Bank straight away

How are G&C Mutual Bank credit cards rated?

Mozo users have rated G&C Mutual Bank credit cards on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

G&C Mutual Bank credit cards

Overall 8.4

Price

Features

Customer service

Convenience

Trust

9 Reviews

Recent G&C Mutual Bank credit card reviews Recent G&C Mutual Bank credit card reviews

G&C Mutual Bank

G&C Mutual Bank credit card review

Overall rating   10 / 10

Tops at all functions, as I have required

I joined this Credit Union 27/5/1993. We do not have a branch anywhere near Armidale, yet every request can be carried out without any hassles what so ever, by phone or Email. Also was involved with scammers over seas and they informed me of the...

Full review

I joined this Credit Union 27/5/1993. We do not have a branch anywhere near Armidale, yet every request can be carried out without any hassles what so ever, by phone or Email. Also was involved with scammers over seas and they informed me of the scammers' intentions, and so saved me lots of money. Cannot speak highly enough of the staff and the Credit Union.

    Price   9 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   10 / 10

Less

Allan, New South Wales, reviewed over 4 years ago

G&C Mutual Bank

G&C Mutual Bank credit card review

Overall rating   6 / 10

Low rates and not soul less

My credit card with this bank has lower than average interest rates but lacks options such as frequent flyer points system. It feels good also to support a group that is not part of the big four.

Full review

My credit card with this bank has lower than average interest rates but lacks options such as frequent flyer points system. It feels good also to support a group that is not part of the big four.

    Price   6 / 10

    Features   3 / 10

    Customer service   6 / 10

    Convenience   7 / 10

    Trust   5 / 10

Less

Name not supplied, Victoria, reviewed over 5 years ago

G&C Mutual Bank

G&C Mutual Bank credit card review

Overall rating   10 / 10

Always there for me when I need them

I have found SGE to be honest and fair and always helpful that is why I like them.

Full review

I have found SGE to be honest and fair and always helpful that is why I like them.

    Price   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Name not supplied, New South Wales, reviewed over 5 years ago

G&C Mutual Bank

G&C Mutual Bank credit card review

Overall rating   8 / 10

From personal experience I have distrusted banks since they removed the loyalty factor with longtime customers. This was about forty five years ago. I have been with credit unions since then. They do not appear to be so greedy and they emanate a...

Full review

From personal experience I have distrusted banks since they removed the loyalty factor with longtime customers. This was about forty five years ago. I have been with credit unions since then. They do not appear to be so greedy and they emanate a trustworthy feeling. Whether or not they really give better service I don't know but they seem more personal whereas banks feel cold, hard, and impersonal. I have no complaints with my Credit Union (SGE) at the moment it suits my needs, so I'll stay with it.

    Features   5 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Jim, New South Wales, reviewed about 7 years ago

G&C Mutual Bank

G&C Mutual Bank credit card review

Overall rating   8 / 10

I was looking for the best cash back credit card and stumbled upon the SGE gold visa credit card. It is slightly different offering as you get a seperate card which is populated with $1 every $100 spent on the credit card. this companion card can...

Full review

I was looking for the best cash back credit card and stumbled upon the SGE gold visa credit card. It is slightly different offering as you get a seperate card which is populated with $1 every $100 spent on the credit card. this companion card can be used at any eftpos. The annual fee is $100... a little high but comes with the standard gold card features and and an additional credit card and companion card for a partner. for my spending habits ($50000 a year, paid off in full each month) i get $500 back minus $100 annual fee =$400 profit :)

    Price   5 / 10

    Features   9 / 10

    Customer service   7 / 10

    Convenience   7 / 10

    Trust   5 / 10

Less

Name not supplied, South Australia, reviewed over 8 years ago

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What do you need to apply for a G&C Mutual Bank credit card? What do you need to apply for a G&C Mutual Bank credit card?

To apply for a G&C Mutual Bank credit card, you can call G&C, apply online, download a form and then post it in, or visit a branch. When you do so, you can make the process go quicker and smoother by having a few details on hand, including:

  • Your personal details - name, age (over 18), phone number and address
  • Employment details - where do you work, your income
  • Financial details - assets, debts, living expenses
  • I.D - you’ll usually need to provide photo I.D., such as a driver’s licence or passport

Need more information on applying for a credit card? Check out our handy guide.

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