mecu is issuing two credit cards in Australian – mecu Low Rate VISA Credit Card and mecu VISA Credit Card.
Corporate Profile of mecu
mecu is one of the leading credit unions of Australia and has been providing financial services in Australia for more than half a century. The speciality of mecu lies in providing customized financial products and services that satisfy the personal financial needs of the members. mecu is based in Victoria. Apart from providing financial products and services, mecu also deals in community partnership programs and sustainability projects.
Client Base of mecu
There are over 100,000 clients of mecu. The immense client base of the credit union could be attributed to the superb products and services of mecu. The complete worth of the assets held by mecu is 1billion Australian dollars.
Products and Services of mecu
In addition to the credit cards mecu also provides the following financial products and services to its members:
- Transaction accounts
- Equity loans
- Savings accounts
- Car loans
- Investment loans
- Personal loans
- Home loans
- Debit cards
mecu Low Rate VISA Credit Card
The mecu Low Rate VISA Credit Card is perfect for using in emergency situations. Among the various benefits provided to the holders of the mecu Low Rate VISA Credit Card are the VISA services that include telephone banking and Internet access.
Following are the main features of the mecu Low Rate VISA Credit Card:
- It is a VISA card.
- There is a minimum repayment rate of either 20 Australian dollars or 2.5%.
- The purchase rate of the card is 9.74% per annum.
- The annual fee of the card is 59 Australian dollars.
- The cash advance rate is 9.74% per annum.
- The late payment fee of 15 Australian dollars.
mecu VISA Credit Card
The mecu VISA Credit Card is for the credit cardholders who want to receive the usual benefits that are provided by the credit cards. The card can be used all over the world. The cardholders can also avail the Internet and telephone banking services provided by VISA. The cardholders can use the BPAY facility for bill payment purposes. This facility can be availed at all service centers in Australia.
Following are the major features of the mecu VISA Credit Card:
- It is a VISA card.
- There are minimum repayment charges – either 20 Australian dollars or 2.5%.
- The purchase rate is 14.49% per annum.
- There are no annual fees.
- The cash advance rate is 14.49% per annum.
- There is a late payment fee of $15.
- There is a maximum interest free purchase period of 55 days.