CUA Platinum Credit Card

Last updated on 16 May 2013

An ideal choice if you are looking for a Platinum Card with balance transfer facilities, the CUA Platinum MasterCard is currently offering 0% p.a. on transferred balances for the first 9 months. Read More ›

On top of that, you will only pay ~half the annual fee for the first year! (usually $179)

If you are looking for rewards, the CUA Platinum MasterCard has it covered. You will earn 1.25 points for each dollar you spend, and points can be redeemed on more than 300 items. Redeem your points for flights on up to 11 different airlines, book accommodation and car hire, or transfer your air miles to Virgin or Singapore Airlines frequent flyer points.

You can also choose from a range of electronic items, shopping vouchers for leading retailers, and cashback.

Choosing the CUA Platinum MasterCard, you can also benefit from 55 days interest free on purchases, 24/7 Platinum Concierge, complimentary travel insurances, a guaranteed pricing scheme, and up to 4 free additional cards.

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Purchase Rate: 20.24%
Minimum Income: $50,000 p.a.
Cash Advance Rate: 21.24%
Minimum Credit Limit: $6,000
Balance Transfer Rate: 0% for 9 months
Min. Monthly Repayment: $30 or 2%
Annual Fee: $89~
Late Payment Fee: $10
Interest Free Period: Up to 55 days
Credit Card Type: MasterCard

CUA Platinum Credit Card Features

Earn 1.25 points per $1 spent on MasterCard
Up to 4 free additional card holders
Redeem points flights with 11 airlines including Qantas, Emirates, BA or convert into Virgin Velocity or Singapore Airlines Kris points
Points can be used to reduce your balance or pay the annual fee

International travel insurance
Purchase cover insurance
Platinum concierge

Editor Review

8.0 Editor rating

Interest Rate3.8 / 10
Balance Transfer10.0 / 10
Annual Fee7.8 / 10
Customer Service9.0 / 10
Rewards9.2 / 10

This is one of the best 0% balance transfer offers on the market, and CUA has thrown in half off the annual fee for the first year to make this a sweet little offer. This card also has a strong points earning ratio; you get 1.25 points per $1 spent and up to four additional cardholders free - great for pumping up the points.

Pros

Strong 0% BT offer - combined longest in market
Half annual fee for the first year is a good start
Rewards $1 to 1.25 points ratio is high for this level of rewards card
4 free extra card holders means lots of extra points earning across the family
Good flexibility on flight options
Points can be used to reduce your balance or pay annual fee

Cons

Balance transfer reverts to the cash advance rate
Standard annual fee is ~$179 each subsequent year

Average from 3 users

7.7 User rating

Interest Rate5.6 / 10
Balance Transfer9.3 / 10
Annual Fee8.2 / 10
Customer Service7.4 / 10
Rewards7.8 / 10

Customer Reviews

Add your review

Read what others think and add your review for the CUA Platinum credit card below.

Gayle Franks

I recently got this card for the balance transfer offer. I wanted longer to pay off the transferred balance and this was a great offer. The other reason I chose this card was for the rewards points. I have been earning quite a few points and look forward to spending them.

7.3 User rating

Questions and Answers about CUA Platinum Credit Card

Ask a question about this card

Showing 3 questions

matty

March 11th, 2013 at 9:33am

how much is the lost card replacement fee?

Roland

March 12th, 2013 at 9:18am

Hi Matty, the card replacement fee is $40, when you lose your card overseas. You can see the full schedule of CUA fees in this document.

Stephanie Kaylock

March 4th, 2013 at 9:44am

whats the criteria for additional cardholders?

Roland

March 5th, 2013 at 9:21am

Hi Stephen, additional cardholders are subject to approval by CUA, and must be over the age of 18. At the moment you are allowed up to four additional cardholders with this credit card, but you would be liable for any transactions carried out by them.

Rodney

February 28th, 2013 at 4:21pm

Does I reward point equal 1 Qantas FF point ?

Roland

March 1st, 2013 at 8:54am

Hi Rodney, with this card you can convert reward points to Velocity or Kris Flyer points, but not Qantas. You can use your CUA rewards points with 11 different airlines though, which does include Qantas. Hope that helps.

Find out more Apply now Compare

Secure online application

Apply in 3 Easy Steps

When you click Apply you will go to the bank's secure web site.
Most applications take 10-15 mins to fill in.
Upon approval the bank will issue your credit card, usually within 1-2 weeks.

Click here to start your CUA Platinum secure application ›

Application Criteria

You must earn a Minimum Income of $50,000 p.a.
You must have a Good Credit History
You must be a Permanent Resident or Australian Citizen
You must be at least 18 years old

Read the CUA Platinum terms and conditions ›

- 0% up to 12 Month Balance Transfer Credit Card
  
  8.8 / 10
- 11.99%
  p.a
- 21.74%
  p.a.
- 0%
  for 12* months
- $99
* 0% p.a. for 6 months on balances transferred, and extend for 6 months if you spend $1,000 in the first 3 months on Citibank Clear Platinum. If spend not reached, reverts to cash rate after 6 months.

Compare Card
- ANZ Low Rate Credit Card
  
  9.1 / 10
- 12.99%
  p.a
- 21.49%
  p.a.
- 0%
  for 9 months
- $58
This special offer on ANZ's low interest rate card is outstanding, pay 0% p.a. on a balance transfer for 9 months which reverts to the low purchase rate afterwards. Please note offer is online only

Compare Card
- Citibank Clear Platinum Credit Card
  
  9.2 / 10
- 0%
  for 6 months
- 21.74%
  p.a.
- 0%
  for 6 months
- $49~
Pay 0% p.a. on purchases, balance transfers and cash advances and for the first 6 months with ~half annual fee 1st year. Standard purchase rate of 11.99% p.a. (12.99% p.a. from 1 October).

Compare Card

CUA Platinum Credit Card

CUA Platinum Credit Card Features

Editor Review

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