Two great balance transfer offers to choose from
Pay only 3.99% p.a. on credit card balance transfers¹ for the first 12 months.
If you’ve got some existing debt that you really want to knock over, this offer is perfect. It gives you 12 months to pay off outstanding credit and store card balances to your new Aussie MasterCard®. And whilst paying off your outstanding balance you can also benefit from our low ongoing interest rate on purchases, currently just 12.29% p.a.3
Pay only 2.99% p.a. on credit card balance transfers² and purchases for the first 6 months
Why not make the best of both worlds with our combo offer if you have a bit of existing debt but are thinking about some new purchases as well. You’ll get the same great low rate of 2.99%p.a for the first six months on both.
Benefits of a balance transfer
Apart from the straight saving you’ll get from the interest reduction, you’ll also get some breathing room if you want to make a dent in your debt.
If you have a sufficient credit limit and transfer the entire amount you owe from a handful of cards - then cut them up and cancel the accounts - you’re also likely to skip a lot of rip-off fees and charges.
If you’re juggling lots of cards and repayments, transferring your outstanding balances can simplify your life. It’ll mean only one wonderfully simple repayment every month.
Get a balance transfer today
We’ll do most of the paperwork for you. Just tell us some details about your current credit card accounts and the amount you want to transfer from those accounts when you apply. You can transfer up to 95% of the available credit limit on your new Aussie Mastercard. Find out more about our offers.
Things you should know
These great offers only apply to balance transfers for the time period specified from the day your card is approved. After that the rate will revert to the standard variable rate that you pay for purchases on your card. That means if you don’t pay off the balance within the offer period, the rate will go up to match the standard rate applied to purchases.
At the moment that’s 12.29% p.a.³ - which is still a lot lower than a lot of other cards. Interest accrues on the balance transfer from the day that we process it.
Use our balance transfer calculator to see what that might mean in real dollar terms.
Terms and conditions available on application. Fees and charges apply. Approval subject to our normal lending criteria.
1) From date of card approval. Only valid for balance transfers from non-Aussie credit and store cards. Balance transfer rate applies only to balances transferred for twelve months from the date your card is approved, and then reverts to the standard variable rate applicable for purchases on your card. Interest accrues on balance transfers from the date the transfer is processed by us. Terms and conditions apply to balance transfers (please call 13 13 77 for a copy).
2) From date of card approval. Promotional rate reverts to the standard variable interest rate applicable to purchases on your card six months after date of card approval and any balances that remain unpaid at the end of this period become subject to the standard variable interest rate applicable to purchases. Excludes cash equivalent transactions. Only valid for balance transfers from non-Aussie credit and store cards. Balance transfer rate applies only to balances transferred for six months from the date your card is approved, and then reverts to the standard variable rate applicable for purchases on your card. Interest accrues on balance transfers from the date the transfer is processed by us. Terms and conditions apply to balance transfers (please call 13 13 77 for a copy).
3) The standard variable interest rate for purchases is 12.29% p.a. and 18.79% p.a. on cash advances. Interest rates current at 14 January 2010 and subject to change.
Offers available for new Aussie MasterCard applications submitted before 30 April 2010. Aussie Credit Cards are provided under agreement by Australia and New Zealand Banking Group Limited ABN 11 005 357 522.