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  4. Rewards Card

Summerland Bank Rewards Card

  • Balance transfer
  • Low annual fee

Purchase rate p.a.

18.99%

Balance transfer rate

0%

Annual fee

$0

for 12 months then $79 thereafter

Summerland Bank Rewards Card

  • Balance transfer
  • Low annual fee

Purchase rate p.a.

18.99%

Balance transfer rate

0%

Annual fee

$0

for 12 months then $79 thereafter

Pros and Cons

For Summerland Bank Rewards Card

Benefits

  • Lower than average ongoing variable purchase rate
  • Rewards Available through Summerland Cashback Rewards
  • $0 annual fee in the first 12 months and $79 p.a thereafter.
  • Free supplementary cards

Drawbacks

    Summerland Bank Rate Credit Card overview

    For Rewards Card

    Details

    Card level

    Standard

    Card type

    Visa

    Interest free days

    56

    Minimum monthly repayment

    2.5% or $20

    Minimum credit limit

    $1,000

    Maximum credit limit

    $50,000

    Free supplementary cards

    Instant approval

    Target Market Determination

    Visit Summerland Bank to view Target Market Determination.

    Fees

    Annual fee

    $0

    for 12 months then $79 thereafter

    Annual Fee Spend Waiver

    Supplementary card annual fee

    $0

    Late payment fee

    $0

    Over limit fee

    $0

    Duplicate statement fee

    $2

    Electronic Wallet Service

    Apple pay available

    Google pay available

    Samsung pay available

    Important Rates

    Rates

    Purchase rate p.a.

    18.99%

    Cash advance rate

    20.49%

    Cash advance fee

    3% or $3.5

    Balance Transfer

    Balance transfer rate

    0%

    Transfer limit

    50000

    max card limit

    Balance transfer fee

    Overseas spending

    Foreign exchange fee
    3% on Visa
    Overseas charges

    $3.5

    Estimated ATM cost

    $12.5

    for AU $300 withdrawal

    Rewards

    Program name

    Summerland Cashback Rewards

    Rewards available

    Cash Back

    Eligibility

    Minimum age

    18

    Minimum income

    Eligibility conditions

    Residency

    Perks

    FREE SUPPLEMENTARY CARDS