Quay Credit Union

Credit Card Comparison: which is right for you?



These days, credit cards come with a range of features and inclusions. Trying to choose the best one can be a bit overwhelming. How do you work out which will be the best credit card for you?

Read through the below terminology to help you navigate through our range of credit cards to help you make an informed choice when selecting your next card.

What should you look for before you apply for a credit card?

Different credit cards will suit different people depending on your spending habits and how you like to pay off the card. Consider some of these factors where comparing credit cards:

Qudos Bank Credit Cards

We have three credit cards to offer a range of options to suit your spending habits. Here’s a summary of our Qudos Bank credit cards.

Lifestyle Credit Card

The Lifestyle Credit Card may be the card for you if you’re looking for a low interest rate and no fees.

Lifestyle Plus Credit Card

The Lifestyle Plus Credit Card gives you more freedom with a generous interest free period.

Visa Platinum Credit Card

The Visa Platinum Credit Card gives you the ability to earn Qantas Points on your spending. It includes (for an annual fee of $249)#:

What’s the best credit card for me?

We’d love to help you decide on the best credit card to apply for. Check out the credit card products listed our website or call us on 1300 747 747 for more information.



Qudos Mutual Limited trading as Qudos Bank ABN 53 087 650 557 AFSL/Australian Credit Licence 238 305. The information in this article is of a general nature and has been prepared without considering your objectives, financial situation or needs. Before acting on the information, consider its appropriateness to your circumstances.

* Interest free days on purchases only apply if your account is paid in full by the due date each month. Excludes cash advances and BPAY transactions. Payment must be received by Qudos Bank by close of business.

** Intro rate applies to all transactions (including purchases, cash advances and balance transfers) for the first five months from the first date your account is approved and then, at the end of the intro rate period, all outstanding balances revert to the standard variable interest rate (currently 12.34% pa Lifestyle Credit Card, 15.85% pa for Lifestyle Plus Credit Card and 18.99% pa for Visa Platinum Credit Card).

# Annual fee charged upon account opening and annually thereafter.

^ Qantas Points accrue in accordance with and subject to the Qantas Points Banking Terms and Conditions and our Visa Platinum Credit Card Terms and Conditions. You must be a member of the Qantas Frequent Flyer program to earn and redeem Qantas Points. A joining fee may apply, however, Qudos Bank has arranged to provide Qantas Frequent Flyer membership with the joining fee waived to Qudos Bank members who are not already a Qantas Frequent Flyer member and who apply at qantas.com/joinffqudos. Membership and the earning and redemption of Qantas Points are subject to the terms and conditions of the Qantas Frequent Flyer program available online at qantas.com/terms. This offer is non transferable and not available in conjunction with any other offer. Qantas Frequent Flyer membership and each application is subject to approval by Qantas. Qudos Bank recommends that you seek independent tax advice in respect of the tax consequences (including fringe benefits tax, and goods and services tax and income tax) arising from the use of this product or from participating in the Qantas Frequent Flyer program or from using any of the rewards or other available program facilities. Qudos Bank is the issuer, offeror and administrator of the Qantas Points Banking Products and is a credit provider and credit licensee under National Consumer Credit laws.

^^ Qudos Bank, the insured, has entered into a Group Policy for overseas travel insurance with Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz), the insurer. AWP Australia Pty Ltd (ABN 52 097 227 177, AFSL 245631) trading as Allianz Global Assistance is authorised by Allianz to arrange the Group Policy and deal with and settle any claims on its behalf and provides no advice. The benefit of the cover under the Group Policy is extended automatically to Qudos Bank Visa Platinum cardholders where certain eligibility criteria are met (eligible cardholders). Eligible cardholders do not have their own policy or enter into a contract of insurance with Allianz. Subject to certain terms and conditions, they have the right to recover the amount of their loss from Allianz solely by operation of section 48 of the Insurance Contracts Act 1984 (Cth). Qudos Bank is not the agent of Allianz or the eligible cardholders, does not provide any advice and does not receive any commission in relation to the cover. Benefit available where at least 50% of the amount payable for the overseas travel (including accommodation arrangements) for you and any accompanying person is paid using your Visa Platinum Credit Card before the start of your travel. Accompanying persons are your spouse (or legally-recognised de facto) and/or your dependents not in full time employment who are under the age of 21 who travel with you for the entire trip. The maximum cover provided, regardless of the number of persons the claims relate to is $1,000,000. Benefit limits and sub-limits apply. There is no cover while travelling in Australia. Refer to the Allianz Global Assistance Travel Insurance Information booklet.

Before opening this credit card account with us, you should read our Credit Card Conditions of Use, Visa Platinum Credit Card Terms and Conditions, Qantas Points Banking Rewards Terms and Conditions and Financial Services Guide (available on our website).


Article published July 2019