- Low 10.49% p.a. on purchases
- Low $30 annual fee
- Up to 55 days interest free on purchases
- Eligible with Apple Pay, Google Pay & Samsung Pay
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Endeavour Mutual Bank Credit Cards
Endeavour Mutual Bank Visa Credit Card
Updated 8 November 2021
This card is no longer available for application. This information has been left for those who still have the card or were previously interested.
As an award-winning low rate card, the Endeavour Mutual Bank Visa Credit Card offers the same low rate of 10.49% p.a. on purchases and balance transfers, while keeping costs down with a low annual fee. The card keeps it simple but provides up to 55 days interest free on purchases, and payment compatibility with Apple Pay, Google Pay and Samsung Pay. T&Cs apply.
Purchase Rate (p.a)
10.49%
Balance Transfer (p.a)
10.49%
Annual Fee (p.a)
$30
Pros and cons
- No introductory balance transfer offer
Creditcard.com.au review
Editor Review
Endeavour Mutual Bank Visa Credit Card
Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
The Endeavour Mutual Bank Visa Credit Card
As a low rate card, the Endeavour Mutual Bank Visa Credit Card offers a low ongoing rate on purchases, while keeping costs down with a low annual fee. The card keeps features simple, but does offer up to 55 days interest free on purchases, and payment compatibility with Apple Pay, Google Pay and Samsung Pay.
What we love...
A low rate card such as the Endeavour Mutual Bank Visa Credit Card can help cardholders to save serious money if they happen to carry a balance on their account. While some cardholders may think nothing of carrying a balance month to month on a card with a much higher purchase rate, this could cost them a significant amount in interest. So, why would they keep doing this?
Often, cards that offer features and rewards charge higher rates of interest. Those features and rewards can make the cards seem worthwhile, as they provide the cardholder with something other than simply access to credit. However, in most cases, cardholders who carry a balance on those cards lose out on any value they gain from their card’s features and rewards with the interest they pay.
The solution? Cardholders who carry a balance may enjoy more value from a low rate card. While the Endeavour Mutual Bank Visa Credit Card doesn’t allow cardholders to earn rewards on card spending, or enjoy enticing extras such as airport lounge access or flight upgrades, it can reduce the amount they pay in interest on their carried-over balance. This should allow them to pay off more of their balance each month, to potentially clear it off and stop paying interest altogether.
For cardholders who do pay off their balance by the due date each month, they can benefit from up to 55 days interest free on purchases. This can be an awesome money-saver on both everyday purchases, and well timed larger purchases as well.
What’s not so great...
The Endeavour Mutual Bank Visa Credit Card is a basic card with no frills. Yes, it offers payment tech compatibility and interest free days on purchases, but that’s about it. Aside from the standard security and payment features, you won’t find any other extras to entice you. But, whether that is a pro or a con will really depend on what you want from your card.
Why should you choose this card?
If you want a low cost credit card, the Endeavour Mutual Bank Visa Credit Card could be a worthy option. It not only has a low purchase rate, it also has a low annual fee. Whether you use your card every day, or you simply like keeping a credit card in your wallet should you need it, this card can offer access to credit when you need it, while keeping costs low.
Aside from its low cost status, you may also like being part of a mutual. Endeavour Mutual Bank is a mutual organisation, which means it is owned by its members, not external shareholders. Being part of a mutual can provide plenty of benefits, including access to lower fees and competitive rates, while also be associated with an organisation that gives back to the community.
Overall Rating
The Endeavour Mutual Bank Visa Credit Card is a basic card that keeps costs down with a low purchase rate and low annual fee, providing compatibility with Apple Pay, Google Pay and Samsung Pay.
User reviews
Rates and fees
Interest rates
Purchase rate 10.49% p.a.
Cash advance rate 15.49% p.a.
Interest free period on purchases up to 55 days
Balance transfer
Balance transfer rate 10.49% p.a. for 99 months
Balance transfer revert rate 15.49% p.a.
Balance transfer from personal loan N/A
Balance transfer fee No fee
Balance transfer limit N/A
Brands you can't balance transfer from N/A
Credit limits
Minimum credit limit $1,000
Maximum credit limit N/A
Fees & repayments
Annual fee $30 p.a.
Additional cardholder fee N/A
Foreign transaction fee N/A
Minimum repayment
Cash advance fee N/A
Late payment fee N/A
Additional features
Complimentary insurance
International Travel Insurance No
Flight Inconvenience Insurance No
Transit Accident Insurance No
Smartphone Screen Insurance No
Purchase Protection Insurance No
Extended Warranty Insurance No
Rental Vehicle Excess In Australia Insurance No
Extras
Eligible with Apple pay, Google Pay & Samsung pay
Overview
Endeavour Mutual Bank Visa Credit Card
Key features
- Low 10.49% p.a. on purchases
- Low $30 annual fee
- Up to 55 days interest free on purchases
- Eligible with Apple Pay, Google Pay & Samsung Pay
Minimum criteria to apply for this card
-
Be over 18 years old
-
Good Credit and have not applied for multiple credit cards recently
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Permanent Resident or Australian Citizen
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
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