Terms & Conditions
Your total balance transfer may not exceed 80% of your credit limit. CUA may allow this to be exceeded at our discretion. The 0% p.a. interest rate will apply for 13 months from the date of processing to any balance transfer application, which is applied for within 3 months of the Disclosure Date in your Offer and Card Contract. At the end of that Promotional Interest Rate Period, any part of the balance transfer which remains unpaid will be included in the balance transfers balance and the Cash Advance Rate (currently 21.74% p.a.) will apply. The 0% p.a. balance transfer interest rate will not apply to transfers from other CUA-issued credit cards. This offer can be withdrawn at any time. The 55 day interest free period on purchases will not apply while any balance transfer amount remains outstanding.
3 The interest free period of up to 55 days applies to purchases when you pay your balance off in full by the payment due date. If you carry over a balance on your credit card from one month to the next, the 55 days’ interest-free period does not apply and you are charged interest once you make a purchase. No interest free period is available on Cash Advances or Balance Transfers.
4 After the first year has expired, an Annual Fee of $49 for Low Rate cards and $149 on Platinum cards will be applied each year. Fees are current as at 31 May 2016 and are subject to change.
5 Rewards are only available with the CUA Platinum Card. CUA Life Rich Rewards Points accrue in accordance with the “CUA Platinum Credit Card – Terms & Conditions for Other Benefits”. Points relating to the use of the card will be awarded for credit purchases only, capped at 100,000 points per year. You will not earn Rewards Points on interest charges; government charges; bank fees; gambling, cash advances, balance transfers and card account adjustments resulting from disputed transactions.
6 Complimentary insurance covers: AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 of Level 16, 310 Ann Street, Brisbane, Queensland 4000 (trading as Allianz Global Assistance) under a binder from the underwriter, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 of 2 Market Street, Sydney NSW 2000 has issued an insurance group policy to Credit Union Australia Limited (CUA) ABN 44 087 650 959 and Australian credit licence 234708 of 145 Ann Street, Brisbane QLD 4000 which allows eligible CUA account holders and cardholders to claim under it as third party beneficiaries. Any advice on insurance is general advice only and not based on any consideration of your objectives, financial situation or needs. The terms, conditions, limits and exclusions of the group policy are set out in the "CUA Platinum Credit Card - Terms & Conditions for Other Benefits" which may be amended from time to time. CUA does not guarantee this insurance.
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