based on 170 Sydney Mutual Bank banking product reviews as rated by Mozo community

Sydney Mutual Bank credit cards

Previously known as Sydney Credit Union or SCU, Sydney Mutual Bank is all about generosity - with its time and products. Sydney Mutual Bank’s affordable and simple, so if that sounds like your thing, check it out Sydney Mutual Bank’s offers below.

What credit cards do Sydney Mutual Bank offer?

Rates and fees verified as correct at 29 September, 2021. Other information correct at the time of writing. Advertiser disclosure.

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

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

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.

Icon of credit-cards
Sydney Mutual Bank credit cards
Overall
Price
Features
Customer service
Convenience
Trust

16 Reviews

Recent Sydney Mutual Bank credit card reviews

Sydney Mutual Bank Low Rate Visa Credit Card
Overall 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.

Read 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 6 years ago
Sydney Mutual Bank Low Rate Visa Credit Card
Overall 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 speaking to a person.

Read 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 7 years ago
Sydney Mutual Bank Credit Card
Overall 4/10
Convenient

Its Handy To Home

Read 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 almost 7 years ago
Sydney Mutual Bank Credit Card
Overall 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.

Read 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 8 years ago
Sydney Mutual Bank Low Rate Visa Credit Card
Overall 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 around 40 years and have always been very pleased to deal with them.

Read 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 almost 8 years ago

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.

Credit card quick links