Low Rate MasterCard

QTMB Low Rate MasterCard

0% p.a. for 9 months on balance transfers (2), reverting back to the cash advance rate (21.74%p.a.) thereafter. Plus: $49 annual fee for the life of the card, normally $75 (1)

A great option if you are looking for a low interest rate and other basic features such as 55 days interest free (3) and complimentary purchase cover insurance. (4)

Please refer to the Credit Guide (Credit Provider) before proceeding. Thank you.

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  • You pay a low rate of just 12.99%p.a. interest on all purchases
  • There is a low annual fee of just $49 (1)
  • You receive up to 55 days interest free on retail purchases (3)
  • We will replace your lost or stolen card within 24 hours in Australia or within 48 hours overseas – at no cost
  • You receive complimentary Purchase Cover Insurance if items are lost, stolen or damaged anywhere in the world within 90 days of purchase on your Low Rate MasterCard. They may be repaired, replaced, rebuilt or reinstated, free of charge if you make a claim within 21 days. (4)
  • You can order up to four free additional cards


Interest rates are on a per annum basis and are subject to change.

Interest rate - 12.99%p.a.interest rate on purchases

Cash rate - 21.74%p.a.interest rate on cash advances


Other fees may apply

Annual account fee - $49 for the life of the card (1)

Additional card fee - free

Need More Information?

For more information, please call 13 29 30, or visit your local QTMB branch.

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QT Mutual Bank Limited (QTMB) provides customers with credit assistance in relation to the QTMB MasterCard and also gives assistance to customers in relation to credit limit increases for the Card. QTMB assists customers as part of our arrangements with the card issuer, Citigroup Pty Limited.

Fees and charges apply. Terms and conditions apply and are available upon request. Citigroup’s credit criteria apply. Current Card Services Credit Cardholders are not eligible to apply for these introductory offers.

(1) Subject to your acceptance you will be charged a discounted annual fee of $49 for the life of the card. Existing Card Services Credit Cardholders are excluded from this discounted annual fee offer. Offer ends 31/1/2017.

(2) Your total balance transfers with this offer may not exceed 80% of your credit limit. The 0% p.a. interest rate applies to balances transferred with this offer at point of application, for a period of 9 months. At the end of the balance transfer period, the interest rate on any outstanding transferred balance will revert to the Annual Percentage Rate for cash advances, currently 21.74% p.a. Interest rates are variable, subject to change and our credit criteria. Offer ends 31/1/2017. Existing Card Services Credit Cardholders are not eligible to apply for this offer.

(3) The maximum 55 days interest free period applies when you pay your balance off in full for two consecutive months. If you carry a balance on your credit card from month to month 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) For any claims lodged on or after 1st May 2016, Complimentary Insurance is issued and managed by AGA Assistance Australia Pty Limited (trading as Allianz Global Assistance) (AFSL No.245631 ABN 52 097 227 177), 74 High Street, Toowong QLD 4066 on behalf of the insurer Allianz Australia Insurance Limited (AFSL No. 234708 ABN 15 000 122 850), 2 Market Street, Sydney NSW 2000, and is subject to Terms, Conditions, and exclusions, some limits and excess may apply. The Terms and Conditions are available at https://www.cardservicesdirect.com.au/cardservices/useful_forms.htm
For any claims lodged prior to 1st May 2016, Complimentary Insurance is provided automatically to cardholders under a master agreement between Zurich Australian Insurance Limited ABN 13 000 296 640, AFSL No. 232507 and Citigroup Pty Limited, and is subject to Terms, Conditions and exclusions, some limits and excess may apply. The Terms and Conditions are available at https://www.cardservicesdirect.com.au/cardservices/useful_forms.htm

© Card Services is a division of Citigroup Pty Limited ABN 88 004 325 080, AFSL No. 238098, Australian credit licence 238098 which provides and administers credit on behalf of QT Mutual Bank Limited ABN 83 087 651 054 AFSL/Australian credit licence 241195.