Rates and fees | SA Cards

Interest and annual fee

Education Community Credit Card
Annual fee	$0.
First six months of a new account	0% p.a. on purchases, balance transfers and cash advances.
After the introductory period	The variable rate applies to purchases, cash advances and any remaining transferred balance. Currently 11.49% p.a.
Interest-free days on purchases	Up to 55 days for eligible purchases. Buying earlier in the statement cycle can give you more days. Pay the full closing balance by the due date. If a balance transfer is outstanding, you must also have qualified before the transfer and pay the full balance including the transfer. See clause 13.2 for the treatment of prior unpaid balances.

If you pay only the minimum repayment and carry a balance, you will not meet the full-payment condition for interest-free purchase days.

Limits and minimum repayments

Credit limit and amounts due
Available credit limits	$1,000 to $20,000, subject to assessment. Your approved limit appears in your offer.
Monthly minimum	By the due date, pay the greater of $10 or 2% of the statement closing balance. If you owe less than $10, pay that balance.
Overdue and over-limit amounts	Pay any amount above your limit and any unpaid earlier minimum as soon as you receive the statement. The statement includes these amounts in the minimum payment.

For example, a $1,500 closing balance gives a $30 monthly minimum if nothing else is overdue or over the limit. See clauses 17.1–17.3 of the card terms.

Balance transfers and cash advances

Conditions in addition to interest
Balance transfer	At least $500 and within the available credit limit. The other account must be with another Australian credit provider and cannot be overdue. The issuer can decline the request. Keep paying the other account until the transfer is complete.
Transfer fee	The issuer’s published fee schedule does not list a separate balance transfer fee for this card. Check your offer for the fee applying to your transfer.
Cash advance	The issuer lists a $0 transaction or withdrawal fee. ATM operator and currency conversion fees may still apply. Interest is calculated from posting at the applicable rate, including the introductory rate while it applies. There are no interest-free purchase days on cash advances.

Read the issuer’s fee schedule and card terms.

Other common fees

Fees for specific transactions or services
Visa currency conversion	3% of the transaction amount for a purchase or cash advance when the merchant or its acquirer is based outside Australia, including transactions in Australian dollars.
Paper statement	$2 when a paper statement is sent and you have not opted in to electronic statements.
Replacement for a lost card	$10 when a replacement is requested.
Arrears letters	When a payment has been overdue for at least three days, the first arrears letter is $0. Subsequent letters are $15 each at 11–18 days, 19–26 days and 27 days or more, if sent.
ATM withdrawals	Credit Union SA charges no ATM withdrawal fee within Australia. The operator may charge for domestic or overseas withdrawals. Overseas withdrawals can also attract conversion fees.

Fees depend on how the card is used. Ask the issuer for its full Lending Fees and Charges schedule before deciding.