Firefighters Mutual Bank Credit Card

Firefighters Mutual Bank Credit Card

3.8

Balance transfer

6 months at 7.9% p.a.

Purchase rate

6 months at 7.9% p.a.

Interest-free days

55 days

Annual fee

$0.00 p.a. ongoing

Highlights

  • Acquire an introductory rate of 7.90% p.a. on balance transfers and purchases (reverting to 11.50% p.a. thereafter).
  • No annual fee for life.
  • Experience up to 55 days interest-free.

Pros and cons

Pros

  • No annual fee.
  • Introductory 6-month offer for purchases and cash advances at a low 7.90% p.a. interest rate.
  • Low ongoing rates of 11.50% p.a.
  • Additional cardholders at no extra cost.

Cons

  • No rewards program.
  • No overseas insurance coverage.
  • Cash advance fee is $4.50 per transaction.
  • International currency conversion fee is 2.90% in AUD value.

About this credit card

Basics

Card usage

Apple Pay Enabled
Yes
Card Type
Visa
Gambling Transactions Allowed
No
Samsung Pay Enabled
Yes

Eligibility

Joint Application Accepted
No
Minimum Age
18 years
Minimum Credit Rating
Good
Minimum Income
N/A
Temporary Residents Accepted
No

Additional cardholders

Additional Cardholders
4
Additional Card Fee Ongoing
$0.00

Credit limits

Minimum Credit Limit
$1,000.00
Maximum Credit Limit
$25,000.00

Repayments

Interest Charged From
Purchase Date
Interest Free Period
Up to 55 days on purchases
Minimum Repayment Percentage
3%

Balance transfers

Balance transfer offer

Balance Transfer Rate
7.9%
Balance Transfer Period
6 months
Balance Transfer Fee Percentage
0%

Balance transfer conditions

Balance Transfer From Personal Loan
Yes
Balance Transfer Limit Percentage
100%
Balance Transfer Revert Rate
11.5%

Rates, fees, charges

Cash advances

Cash Advance Rate
11.5% p.a.
Cash Advance Fee
$4.50
Cash Advance Fee Percentage
N/A
Cash Advance Fee Threshold
N/A

Purchases

Purchase Rate Introductory Offer
7.9%
Purchase Rate Introductory Period
6 months
Purchase Rate Ongoing
11.5% p.a.

Account fees

Annual Fee Initial Year
N/A
Annual Fee Ongoing
$0.00
Dishonour Fee
$8.00
Duplicate Statement Fee
$7.00
Foreign Exchange Fee Percentage
2.9%
Late Payment Fee
$10.00

Rewards

Rewards program basics

Rewards Program
N/A
Rewards Program Annual Fee Initial Year
N/A
Rewards Points Expiry
N/A

Rewards points per $1 spent

Domestic Rewards Points Earn Rate
N/A
Government Rewards Points Earn Rate
N/A
Overseas Rewards Points Earn Rate
N/A

Additional perks

Insurance

Cardholder's Domestic Hotel Burglary Insurance
No
Cardholder's Extended Warranty Insurance
No
Cardholder's International Travel Insurance
No
Cardholder's Interstate Flight Inconvenience
No
Cardholder's Personal Item Theft Cover
No
Cardholder's Price Protection Insurance
No
Cardholder's Purchase Protection Insurance
No
Cardholder's Refund Protection
No
Cardholder's Transport Accident Insurance
No

Travel and lifestyle

Airport Lounge Access Included
No
Concierge Service Included
No
Complimentary Flight Voucher Included
No
Complimentary QFF Membership Included
N/A

Our review

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Reviewed by Credit Card Compare Staff

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    As seen on

    Media - The Sydney Morning Herald
    Media - Yahoo Finance
    Media - News.com.au
    Media - Daily Mail Australia
    Media - Australian Fintech
    Media - Dynamic Business