| Product | Purchase rate | Balance transfer rate | Annual fees | Interest free days on purchases |
|---|---|---|---|---|
|
2.99% p.a. for 6 months then 12.95% p.a. |
2.99% p.a. for 6 months and then 12.95% p.a. |
$59 No annual fee if you hold an active home loan account, a One to One relationship or hold an existing Activate Account or existing Financial Planning relationship. |
62 |
| Product | Purchase rate | Balance transfer rate | Annual fees | Interest free days on purchases |
|---|---|---|---|---|
|
2.99% p.a. for 6 months then 15.75% p.a. |
2.99% p.a. for 6 months and then 15.75% p.a. |
$59 No annual fee if you hold an active home loan account, a One to One relationship or hold an existing Activate Account or existing Financial Planning relationship. |
62 |
|
|
2.99% p.a. for 6 months then 12.95% p.a. |
2.99% p.a. for 6 months and then 12.95% p.a. |
$59 No annual fee if you hold an active home loan account, a One to One relationship or hold an existing Activate Account or existing Financial Planning relationship. |
62 |
With a People's Choice credit card in your pocket, you’ll get a slightly longer than average time period in which to pay off your purchases interest free. From the beginning of your statement cycle, you’ll have 62 days to pay off any balances before being charged interest.
But remember, if you make a purchase after the beginning of your statement cycle, you’ll have less than 62 days. So to make the most of your interest free period, hit the shops early in the month!
When you open your People’s Choice credit card account, you’ll be charged the annual fee, which is charged each year on the anniversary of your account opening. However, if you’re under 25 and have an Activate Account or if you have an active home loan with People’s Choice then the annual fee will be waived.
You should also take into consideration the foreign exchange margin for if you’ll be spending overseas, and the reasonably hefty cash advance fee.
We’re going to let you in on a secret - the best way to use your credit card is to keep up with monthly payments and pay off your entire balance. Not only does it stop the interest piling up, but it means you get to keep your interest free days.
But if you’re struggling with meeting payments, a short term solution might be to just make the minimum repayments each month. On a People’s Choice credit card, this would be either $10 or 3% of your closing balance - whichever is the larger amount.
As a no-frills option, the People’s Choice credit card doesn’t actually come with a rewards program attached.
If you’re looking for a card with some rewards earning power so you can cash in on all the freebies and perks on offer, check out these great rewards card options instead.
Good news: You can use your People’s Choice credit card for a balance transfer and manage your previous credit card debts by paying one low interest rate.
Bad news: Unlike many other balance transfer offers, you won’t get a zero interest period on this transferred balance. Plus, the low rate you do pay will revert back to the higher regular rate after a short introductory period.
The verdict: A People’s Choice credit card is probably not the best option around for a balance transfer. Having said that - if you’re paying a huge amount of interest on your current card, a balance transfer could be well worth the effort!
You’ve seen the VISA ads, right? You can use your People’s Choice card anywhere in the world that VISA is accepted - which is most places these days.
PayWave is a VISA scheme that allows you to make contactless payments for purchases under $100. Because your People’s Choice Credit Card is a VISA card, you can use it to make payments via payWave.
When you use your People’s Choice credit card to shop online, you’ll be protected by Verified by Visa. What that means, is that any online transactions made on your card will be analysed for risk. If one is deemed risky, you’ll be asked for some secure details to verify that it is you using your card, and not scammers.
Why might a transaction be deemed risky?
It is for a high dollar amount
You’re shopping with an online retailer you haven’t shopped with before
What details will I be asked for to confirm my identity?
The name on your card
Date of birth
Member number
Mozo users have rated People's Choice credit cards on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
139 Reviews
Peoples Choice Fraud squad have been looking out for me in the past due tovmy Visa card being compromised. Now l only have a debit card.
Read full reviewPeoples Choice Fraud squad have been looking out for me in the past due tovmy Visa card being compromised. Now l only have a debit card.
LessThis bank seems to genuinely care about its customers and every time I've visited the branch the employees always try their best to help. No matter what the problem is, it's never my problem, it's our problem and we work it out together. The only con is that there aren't many ATMs or branches around, so it can be inconvenient to get cash out or deposit cash.
Read full reviewThis bank seems to genuinely care about its customers and every time I've visited the branch the employees always try their best to help. No matter what the problem is, it's never my problem, it's our problem and we work it out together. The only con is that there aren't many ATMs or branches around, so it can be inconvenient to get cash out or deposit cash.
The interest rate has gone up. I decided to move my home loan else where. There is no points system. They also treated me poorly when I went through a separation and had to sort payments out.
Read full reviewThe interest rate has gone up. I decided to move my home loan else where. There is no points system. They also treated me poorly when I went through a separation and had to sort payments out.
If you’re applying for a People’s Choice Credit Card you should be:
You’ll also need to provide details of your income, assets and liabilities. For more on applying for a credit card, check out our handy guide.