The Cooperative Bank Fair Rate Credit Card
The Cooperative Bank offers only one card, the Fair Rate Credit Card, which has a low annual fee of only $20. This is conveniently charged to you in two $10 increments every six months.
The Cooperative Bank Fair Rate Credit Card is suitable for those looking for a no-frills card with low fees. It offers a low interest rate for purchases and cash advances, and you will pay only $20 per year in account fees.
Positive points
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Cash advance
Possibility of making cash advances
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Transfer an existing balance
Possibility to transfer an existing balance
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Mobile application
You can manage your card using the mobile application
Negative points
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Age
You must be at least 18 years old
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Credit history
Have a good credit history
A nice feature of this card worth noting is that the cash advance rate is the same as the purchase rate (unlike most credit cards), plus there is no cash advance fee charged at ATMs, branches, and using online or mobile banking.
To apply, you can visit the Cooperative Bank website and fill out an application form. The application takes about 5 to 10 minutes and you will be asked to provide information about your income, expenses, assets and debts. Make sure you have the necessary documents and meet the eligibility criteria before you begin.
Card brand
Mastercard
Online application
Fast and 100% online application
Credit limit
You can change your credit limit
Additional cards
Free add-on cards
Transfer an existing balance
If you have an outstanding balance on a credit card from a different bank or store card, you can transfer the balance to the Fair Rate card. You will not pay interest on the balance for 6 months. You can transfer more than one balance as long as the total is within your credit limit. Click on the button below and apply for your card:
Key features
- Purchase rate: 12.95% p.a;
- Cash Advance Fee: 12,95% p.a;
- Balance Transfer: 0% p.a. for 6 months;
- Annual fee: $20 billed as $10 every six months;
- Interest-free days: 55 days;
- Credit limit: Minimum of $ 1,000.
Fraud monitoring
Transactions are monitored at all times to detect any fraudulent use. If your card is used fraudulently and you have not contributed to it in any way, you may be protected by Mastercard's Zero Liability Policy. Click the button below and apply for your card:
