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Sydney Mutual Bank credit cards

Sydney Mutual Bank
Sydney Mutual Bank's overall rating for credit cards

(as rated by the Mozo community)

7.9 / 10

based on 16 reviews

Previously known as Sydney Credit Union or SCU, Sydney Mutual Bank is all about generosity - with its time and products. Sydney Mutual Bank’s low cost credit card offering won a highly commended Low Rate Travel Credit Card award in Mozo’s 2019 Experts Choice Travel Money Awards. It’s affordable and simple, so if that sounds like your thing, check it out Sydney Mutual Bank’s offers below.

Rates and fees verified as correct at 14 November, 2019. Other information correct at the time of writing.

What credit cards do Sydney Mutual Bank offer?

Low rate credit cards Low rate credit cards

For all the convenience of a piece of plastic, without the hefty price tag, you can’t go past the low rate credit card from Sydney Mutual Bank. Also boasting a low annual fee, this card is a great addition to your wallet. Just don’t expect all the bells and whistles from this low cost option.

Product Purchase rate Balance transfer rate Annual fees Interest free days on purchases

10.49% p.a.

No current offer

$30

55


Hide

Low fee credit cards Low fee credit cards

Never pay too much on your credit card again with this low fee option from Sydney Mutual Bank. No mater how you use your credit card, this piece of plastic is a great addition to any budget-conscious wallet.

Product Purchase rate Balance transfer rate Annual fees Interest free days on purchases

10.49% p.a.

No current offer

$30

55


Hide

**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 Sydney Mutual Bank credit cards

What is the interest free period on my Sydney Mutual Bank credit card?

Your Sydney Mutual Bank credit card comes with 55 interest free days to pay off your balance. If your aim is to keep credit card costs low, one of the best ways to do it is to use this interest free period properly. Make sure you pay off your whole balance in the allotted time, and you’ll avoid paying interest at all.

What fees might I be charged?

You can’t skip every cost involved with credit card use - there are some fees that will apply. These include the annual fee, a cash advance fee and a foreign exchange fee.

Can I use my Sydney Mutual Bank credit card for a balance transfer?

Because this card is all about simplicity, there isn’t an option to use it in a balance transfer deal. If you want to manage your credit card balance with a balance transfer, check out our balance transfer credit card comparison to find a credit card that will suit you.

Can I use payWave with my Sydney Mutual Bank credit card?

The Sydney Mutual Bank credit card is a VISA card, so you can use it for contactless payments with payWave. 

Can I use my Sydney Mutual Bank credit card while I’m travelling overseas?

Being a VISA card also means that your Sydney Mutual Bank credit card operates on VISA’s worldwide system, which means you can use it pretty much wherever you are. Just remember to budget for foreign exchange fees, and keep an eye on foreign exchange rates!

What rewards options do I have with my Sydney Mutual Bank credit card?

This credit card is a low cost option, designed to let you spend how you want without letting costs get out of hand. Which basically means, no rewards program.

You don’t get any of the fancy extras with this credit card - like rewards points or complimentary insurance - in the interest of keeping it a low cost option.

If you’re after something that packs a bit more of a punch in the freebie department, check out a competitive rewards card to find a credit card that will suit your budget, while also earning you heaps of cool perks.

Avoiding credit card fraud

The flip side to all the convenience and spending power of a credit card is the risk of falling victim to credit card fraud. The good news is that there are heaps of security measures in place these days to make sure you’re as protected as possible when using your credit card. But there are also a few things you can do yourself to lower the risk of credit card fraud, including:

Don’t write down your PIN number! You’ve probably heard this one before, but it’s very important. Not only does keeping your PIN written down near your card give thieves instant access to your credit card, but getting your money back in the event of credit card fraud can sometimes depend on you not having ‘contributed’ to the loss by doing things like this.

Only use trusted ATMs. When heading to the ATM, make sure you’re in a well lit area, and the ATM itself looks well maintained and not damaged. Damaged ATMs can sometimes be a sign that scammers have tampered with the machine.

Review your statement. Look through your credit card statement each month and make sure there are no strange or unfamiliar transactions. If there are, contact Sydney Mutual Bank straight away.

How are Sydney Mutual Bank credit cards rated?

Mozo users have rated Sydney 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.

Sydney Mutual Bank credit cards

Overall 7.9

Price

Features

Customer service

Convenience

Trust

16 Reviews

Recent Sydney Mutual Bank credit card reviews Recent Sydney Mutual Bank credit card reviews

Sydney Mutual Bank

Sydney Mutual Bank Low Rate Visa Credit Card review

Overall rating   9 / 10

Great bank

I love SCU because the process is simple, easy, lovely staff and I have a low rate and low annual fee.

Full review

I love SCU because the process is simple, easy, lovely staff and I have a low rate and low annual fee.

    Price   9 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   7 / 10

    Trust   9 / 10

Less

Tj, New South Wales, reviewed about 4 years ago

Sydney Mutual Bank

Sydney Mutual Bank Low Rate Visa Credit Card review

Overall rating   7 / 10

Excellent customer service

I bank with My Credit Union and even though I don't receive rewards, there rates are comparable with other banks, and I also find their service very helpful. They are polite, and I never have to wait on the line for more than 1 minute before...

Full review

I bank with My Credit Union and even though I don't receive rewards, there rates are comparable with other banks, and I also find their service very helpful. They are polite, and I never have to wait on the line for more than 1 minute before speaking to a person.

    Price   5 / 10

    Features   5 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Jessie, New South Wales, reviewed almost 5 years ago

Sydney Mutual Bank

Sydney Mutual Bank Credit Card review

Overall rating   4 / 10

Convenient

Its Handy To Home

Full review

Its Handy To Home

    Price   4 / 10

    Features   3 / 10

    Customer service   4 / 10

    Convenience   5 / 10

    Trust   5 / 10

Less

George, New South Wales, reviewed about 5 years ago

Sydney Mutual Bank

Sydney Mutual Bank Credit Card review

Overall rating   9 / 10

A great product backed up by great service

A no frills, basic card that does the job perfectly. SCU staff are pro-active, helpful and will always follow through and call back when they say (this is rare today.) I wouldn't hesitate to recommend them.

Full review

A no frills, basic card that does the job perfectly. SCU staff are pro-active, helpful and will always follow through and call back when they say (this is rare today.) I wouldn't hesitate to recommend them.

    Price   8 / 10

    Features   8 / 10

    Customer service   9 / 10

    Convenience   8 / 10

    Trust   9 / 10

Less

Glenys, Victoria, reviewed almost 6 years ago

Sydney Mutual Bank

Sydney Mutual Bank Low Rate Visa Credit Card review

Overall rating   10 / 10

Very good and helpful

I love the Sutherland Credit Union as they are helpful when you are at the counter with tellers. They are great when you ring up to get help or if you have a problem or are not sure on how to do something. We have been with this credit union for...

Full review

I love the Sutherland Credit Union as they are helpful when you are at the counter with tellers. They are great when you ring up to get help or if you have a problem or are not sure on how to do something. We have been with this credit union for around 40 years and have always been very pleased to deal with them.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Kerrie, New South Wales, reviewed about 6 years ago

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Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

What do you need to apply for a Sydney Mutual Bank credit card? What do you need to apply for a Sydney Mutual Bank credit card?

You can apply for a Sydney Mutual Bank credit card over the phone, in a branch or online. To do so, you’ll need:

  • I.D. including proof of address
  • Personal contact details
  • Details about your finances, including
    • Income
    • Assets
    • Debts

Documents you can use to prove your financial situation include current payslips, financial statements or tax returns.

To find out more about how to apply for a credit cards, check out our guide.

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