Australian Central Credit Union Credit Cards

By: EconomyWatch   Date: 6 October 2010

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Australian Central Credit Union Credit Cards are available under the brand logos of MasterCard and Visa. The Australian Central Credit Union is the biggest credit union in South Australia, and offers a wide range of services, including loans, insurance, investment accounts and financial planning.

Australian Central Credit Union: History

The Australian Central Credit Union was established over 30 years ago in Adelaide and currently has above 210,000 members and funds worth more than $2.8 billion. It is a medium-sized entity, with 23 branches. It has recently joined hands with MLC, a leading investment group, to offer more comprehensive financial services.

Australian Central Credit Union Credit Cards: Types

Australian Central Credit Union Credit Cards are available in different forms to satisfy the requirements and preferences of different income groups of the society. The various types of card offered include:

Australian Central Credit Union MasterCard Credit Card

This credit card is offered in association with Citibank. It comes with an interest-free credit period of a maximum of 55 days and the choice to redeem various reward points for benefits. Australian Central Credit Union MasterCard is available as:

  • The Silver Card
    • Low annual membership fee of $35


    • Rewards in the form of shopping vouchers, household items, magazine subscriptions and movie tickets


    • Low annual balance transfer rate of 4.90%


    • Low annual interest rate of 11.85%


    • 45 days interest-free credit on purchases


    • Theft/loss coverage


    • Easy repayment options either in person or by post

  • The Gold Card
    • Free travel insurance


    • Higher credit limit, starting at $7,000


    • Annual membership fee starting at $75


    • Choice of upgrading to the BlueSky rewards program, which allows the cardholder to exchange BlueSky points for Qantas Frequent Flyers points, for an additional fee of just $24 annually.


    • Premium rewards in the form of luxury trips, electronic gadgets and shopping vouchers.

    Australian Central Credit Union Visa Credit Card

    This credit card comes with an overdraft facility on the cardholder’s Club 55 account or savings account. It is accepted at over 14 million establishments and comes with a credit limit of more than $1,000. Visa credit card holders have comprehensive access to transaction statements. Credit card bill settlements can be made over the phone.

    The Australian Central Credit Union operates the Club 55 account, which is primarily a savings account, albeit with higher interest rates. It is offered with elaborate discounts on the transaction fee and is available to people over 55 years of age, both employed and unemployed.

    ‘Australian Central Credit Union’ is a trademark of the Australian Central Credit Union who can be found at www.accu.com.au

    ‘MasterCard’ is the trademark of MasterCard Worldwide, who can be found at www.mastercard.com.

    ‘Visa’ is a registered trademark of Visa International Service Association, who can be found at www.visa.com.


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