As many as 50 different MasterCards are offered by various financial institutions in Australia. MasterCard has been an able competitor of VISA Cards since its inception in 1966.
Corporate Profile of MasterCard
Various financial organizations in Australia offer MasterCard products and services in over 210 territories and countries. MasterCard was introduced by United California Bank Wells Fargo, Bank of California and Crocker National Bank as MasterCharge. The name was changed to MasterCard International in 1979. It came to be known as MasterCard Worldwide in 2006.
MasterCard Products in Australia
Following are some MasterCards that are available in Australia:
- Aussie MasterCard
- Citibank BP MasterCard
- ANZ Low Rate MasterCard
- Commonwealth Bank Awards Card
- Commonwealth Bank Low Rate Card
- Citibank Gold Card
- Commonwealth Bank No Annual Fee Card
- Citibank Platinum Card
- GE Money eco MasterCard
- Citibank Silver Card
- Commonwealth Bank Low Fee Card
- Commonwealth Bank Gold Card
- NAB Standard Credit Card
- Commonwealth Bank Platinum Credit Card
- NAB Visa Gold or Gold MasterCard
Aussie MasterCard
Following are some major features of
Aussie MasterCard:
- Purchase rate is 11.99%.
- There is an interest free purchase period of 55 days.
- Balance transfer rate is 0.00% for a period of 6 months.
- Annual fee is $49.
ANZ Low Rate MasterCard
Following are some major features of ANZ Low Rate MasterCard:
- Purchase rate is 12.99%.
- There is an interest free purchase period of 55 days.
- Balance transfer rate is 2.90%.
- Annual fee is $58.
Commonwealth Bank Low Rate Card
Following are some major features of Commonwealth Bank Low Rate Card:
- It is also available as a VISA card.
- There is an interest free purchase period of 55 days.
- Purchase rate is 13.24%.
- Annual fee is $48.
- Balance transfer rate is 5.99% for 5 months.
Commonwealth Bank No Annual Fee Card
Following are some main features of Commonwealth Bank No Annual Fee Card:
- It is also available as a VISA card.
- Balance transfer rate is 5.99% for 5 months.
- Purchase rate is 18.24%.
- There are no annual fees.
GE Money eco MasterCard
Following are some main features of GE Money eco MasterCard:
- Purchase rate is 18.49%.
- There is an interest free purchase period of 55 days.
- Balance transfer rate is 0.00% for a 6 month period.
- Annual fee is $49.
Commonwealth Bank Low Fee Card
Following are some main features of Commonwealth Bank Low Fee Card:
- It is also available as a Visa card.
- There is an interest free purchase period of 55 days.
- Purchase rate is 19.64%.
- Annual fee is $24.
- Balance transfer rate is 5.99% for a 5 month period.