A smart solution
Designed to give you ultimate financial freedom and flexibility, with competitive interest rates and options to pay your balance off sooner, our Low-Rate Credit Card is a smart way to manage your finances.
With a range of additional features, it’s time to get to where you’re going sooner and with more money in your back pocket, thanks to Summerland Bank

$49
Annual fee
Waived for the first 12 months, only pay $49 for the benefit of our Low-Rate Credit Card every year thereafter.

11.99%
Purchase rate
A competitive variable interest rate with some truly unforgettable features.

56 days
Interest free period
Enjoy up to 56 days interest free on purchases.
Hot balance transfer offer
Consolidate your Credit Card balances and save with Summerland Bank.

0% for 9 months on transfers
Spend smart
With a user-friendly display and enhanced safety features, we are making your banking even easier, faster and more secure.
Competitive interest rate
No annual fee for the first year
$49 fee per year after the first 12 months
No fees on balance transfers3
0% interest for 9 months on balance transfers3
Low Rate Credit Card FAQs
What are the fees associated with this credit card?
Our Low-Rate Credit Card has an annual fee of $49, which we waive for the first year to help get you started.
How do I make payments on the credit card?
Paying off your credit card is easy with Summerland Bank thanks to our user-friendly app and seamless internet banking. You can set up a regular repayment or make one-off transfers via EFT or cash deposit.
Do interest free days apply while you have a balance transfer?
You’ll be glad to know that our Low-Rate Credit Card offers plenty of flexibility, which includes interest-free days on new purchases when you have an outstanding balance transfer amount.
Is there a grace period on interest-free purchases?
Yes, the grace period for interest-free purchases is up to 56 days.
Credit cards issued by Summerland Credit Union ABN 23 087 650 806 Australian Credit Licence 239 238 AFSL 239 238. Conditions, fees and charges apply. All information is correct as at 1/3/21 and is subject to change. Full details available on application, in the Detailed Credit Card Product Guide and at summerland.com.au. Lending criteria apply.
1. 0% Interest on balance transfer and 0% transfer fee only applies to balances transferred for a period of 12 months from the date the credit card application is approved and excludes purchases made during this period, Offer limited to Rewards credit card only.
2. Reward points given only on the Rewards Credit Card.
3. 0% Interest on balance transfer and 0% transfer fee only applies to balances transferred for a period of 9 months from the date the credit card application is approved and excludes purchases made during this period, Offer limited to Low Rate credit card only.
At the end of the balance transfer period, the interest rate on any outstanding transferred balance will revert to the purchase rate and accrues interest from the expiry date at the purchase rate, currently 18.99% pa (rewards credit card) and 11.99% (Low Rate credit card). The interest rate is variable and subject to change. The amount transferred must not be less than $1,000. Minimum monthly payments apply during the interest free period. Offer available in respect of balances transferred from non-Summerland credit card accounts issued in Australia only. Offer only available to new credit cards accounts. Target market determination available on request at our branches.
Detailed Credit Card Product Guide Credit Card Key Fact Sheet
Compare credit card options
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Rewards Credit Card
Designed to put more money back in your pocket, Summerland Bank’s award-winning Rewards Credit Card turns every swipe into an opportunity. For every dollar spent on eligible purchases, receive points that are automatically converted to cash back and credited to your account monthly.
Interest rate on purchases
18.99%
Interest rate on cash advances
20.49%
0% Balance transfers1
12 Months
0% Transfer fee1
No annual fee in first year
Cashback Rewards2
Interest-free period
up to 56 days
Minimum credit limit
$1,000
Annual fee after first year
$79
24/7 access via app and Internet Banking
VISA Zero Liability
Remove
Low Rate Credit Card
Designed to give you ultimate financial freedom and flexibility, with competitive interest rates and options to pay your balance off sooner, our Low-Rate Credit Card is a smart way to manage your finances.
Interest rate on purchases
11.99%
Interest rate on cash advances
15.99%
0% Balance transfers3
9 Months
0% Transfer fee3
No annual fee in first year
Cashback Rewards
Interest-free period
up to 56 days
Minimum credit limit
$1,000
Annual fee after first year
$49
24/7 access via app and Internet Banking
VISA Zero Liability
Ready to get started?
If you’re ready for a braver kind of banking, here are three ways to get started with Summerland Bank.

Apply online
Get started online with your ID at the ready and a quick check of your personal details.

Contact us
Good old-fashioned customer service, the Summerland way.

Visit a branch
Find your closest Summerland Bank branch and our friendly local team will be ready to help.
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