CUA expands credit range

Australia’s second largest credit union, Credit Union Australia, has introduced two new credit products to its range, the CUA MasterCard and the ‘My Freedom’ line-of-credit facility.

The new CUA credit card is the first of its kind to be underwritten by the industry's peak body, Credit Union Services Corporation (CUSCAL).

This expansion of member services is a result of a comprehensive member evaluation survey which focused on service and customer needs. CUA says the new offerings became necessary as members became more informed and educated about how to manage their finances effectively.

The new MasterCard will be an essential accompaniment to the ‘My Freedom’ line of credit which aims to offer flexibility regardless of whether the aim is to pay your home off sooner or to use the equity already acquired to create more wealth.