The Australian Mutual Bank Visa is suited to anyone who wants a card from an ethical bank. The actual card is made from 82% recycled plastic – with new material mainly used for parts that can’t be recycled yet. As well as a competitive low interest rate of 10.49% p.a. for purchases, it has a $30 annual fee that’s also at the lower end of the scale for credit cards in Australia.
Australian Mutual Bank Visa Credit Card
![Australian Mutual Bank Visa Credit Card](https://www.finder.com.au/niche-builder/618dad636706e.png)
- Balance transfer rate with no balance transfer fee
- 10.49% p.a.
- Purchase rate
- 10.49% p.a.
- Annual fee
- $30 p.a.
- Interest-free on purchases
- Up to 55 days
Our verdict
This credit card is made from recycled plastic and offers a low 10.49% interest rate for purchases.
Pros
-
A low 10.49% p.a. interest rate on purchases and balance transfers
-
Up to 55 days interest-free on purchases
-
Access to Apple Pay, Google Pay and Samsung Pay
Cons
-
No rewards program and travel insurance
Details
Product details
Product Name | Australian Mutual Bank Visa Credit Card |
Balance transfer rate p.a. | 10.49% |
Purchase rate p.a. | Purchase rate p.a. 10.49% |
Interest-free period | Up to 55 days on purchases |
Cash advance rate p.a. | 15.49% |
Min credit limit | $1,000 |
Card type | Visa |
Eligibility
Available to temporary residents | No |
Joint application | No |
Rewards
Bonus points | N/A |
Fees
Annual fee | Annual fee $30 |
Minimum monthly repayment | 2.5% of the closing balance or $20, whichever is greater |
Late payment fee | $15 |
Foreign currency conversion fee | Foreign currency conversion fee 3% |
Cash advance fee | 4% or $4, whichever is greater |
Overseas cash advance fee | 4% |
Overseas ATM withdrawal fee | $4 |
Your reviews
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Amy Finder
Editor
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