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Rewards Card



Electronic Wallet Service

Important Rates


Balance Transfer

Overseas spending



Earn Rates

RateCard TypeEarnsCondition
1 point for $1 spentVisaUp to $100,000 annuallyeligible purchases
  • Free Supplementary Cards


The Summerland Credit Union Rewards Card has a moderately high interest rate, a moderate annual fee (waived for the first year) and no late payment fee. It also has a moderate interest-free period and a low minimum credit limit.

This card’s rewards program – Summerland Cashback Rewards – allows cardholders to earn rewards points for every dollar spent on eligible purchases. Rewards points are converted to cash and credited back to the account every six months.

Balance transfers to this card are subject to a 0 per cent interest rate for an introductory period, after which the balance reverts to the standard interest rate. Four free supplementary cards are also allowed.

With regards to security, customers are covered by Visa’s Zero Liability policy for fraudulent or unauthorised transactions. Visa payWave also enables tap-and-go purchases in-store for transactions under $100.

  • Rewards program
  • No late payment fee
  • Balance transfer offer
  • Moderately high interest rate
  • High international transaction fees
  • No complimentary insurance


Who is it good for?

This card may suit people who want to be rewarded for using a credit card but would rather have cashback credited to their account instead of redeeming gift cards, frequent flyer points and the like.

It may also suit customers who are looking to transfer and pay off existing debt as they can do so without having to pay interest (assuming the balance is paid off during the offer period).

Additionally, the Summerland Credit Union Rewards Card may suit those who want to share an account as it allows free additional cardholders, and therefore increases the rewards-earning potential.

On the other hand, this card isn’t particularly appropriate for frequent travellers as it isn’t compatible with any frequent flyer programs, doesn’t come with complimentary travel insurance and attracts high overseas fees.

This card also isn’t especially suited to those on a strict budget due to its moderately high interest rate.

What RateCity says

The Summerland Credit Union Rewards Card offers some advantages but perhaps not enough to justify its moderately high interest rate.

If you are specifically looking for a credit card that offers cashback in the form of account credit, this card may be a good choice for you. The allowance for free additional cardholders is also nice to have as it allows points to be earned faster.

However, if you’re looking for a general rewards card and aren’t hugely concerned about the interest rate, you may be better off shopping around for a card with a longer list of benefits, like complimentary insurance, a bonus points offer or a more flexible rewards program.

Conversely, if you’re searching for a card that offers value for money, it could be worth doing some additional research to find one with a lower interest rate and comparable fees. 


The eligibility requirements for the Summerland Credit Union Rewards Card state that you must be at least 18 years old, an Australian citizen or permanent resident with the right to work and currently in paid employment. As part of the application process, you will need to pass an identity check, and provide information about your employment, income, assets and any outstanding debt you have. You can complete the application form online or at a Summerland Credit Union branch. 

About Summerland Credit Union

Summerland Credit Union is a customer-owned credit union established in 1964 and based on the North Coast of New South Wales. The credit union provides banking products such as credit cards, personal loans, home loans, bank accounts and savings accounts, as well as insurance products and various business and community services. Summerland Credit Union offers internet banking services, a mobile banking app, and customer service via phone, email and in-branch (located throughout northern NSW).

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