People's Choice Credit Union credit cards

Frequently Asked Questions about People's Choice Credit Union credit cards

What is the interest free period on my People’s Choice Credit Union credit card?

With a People's Choice Credit Union 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!

What fees might I be charged?

When you open your People’s Choice Credit Union 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 Credit Union 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.

What’s the minimum repayment amount I must make?

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 Union credit card, this would be either $10 or 3% of your closing balance - whichever is the larger amount.

What rewards will I earn with my People’s Choice Credit Union credit card?

As a no-frills option, the People’s Choice Credit Union 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.

Can I use my People’s Choice Credit Union credit card for a balance transfer?

Good news: You can use your People’s Choice credit Union 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 Union 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!

Will my People’s Choice Credit Union credit card work overseas?

You’ve seen the VISA ads, right? You can use your People’s Choice Credit Union card anywhere in the world that VISA is accepted - which is most places these days.

Can I use payWave with my People’s Choice Credit Union credit card?

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.

How does Verified by Visa protect me from credit card fraud?

When you use your People’s Choice Credit Union 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