UniBank Credit Cards

You will have to activate the card when it arrives before you are able to use that card. Activate the card using the mobile banking app or online banking, or by contacting UniBank on 1800 864 864.

The mobile banking app and online banking portal with UniBank both allow you to access your credit card account online. Using online banking, you can view your statements and transaction history online, get SMS alerts for when you’ve spent too much, activate and deactivate cards, and more.

Thanks to advanced security features, your online information is protected by UniBank.

When interest is charged

UniBank calculates interest daily, and it is charged when you carry a balance on your UniBank credit card. Interest is charged on cash advances from the date that each advance first appears on your statement.

When interest is not charged

Up to 55 interest-free days apply with UniBank’s credit card. The interest-free period for purchases starts on the date the purchase first appeared on your statement and applies if you have paid the balance in full for the previous month’s statement and the current month’s statement.

For more information about interest-free days, check out our article on how they work.

The credit limit on your UniBank credit card will be determined based on the information you provide in your application, within the minimum and maximum credit limits (see above).

You can increase your credit limit at any time by filling out a Credit Card Limit Increase application form, and UniBank may accept or reject your request at their discretion, based on their lending criteria. Find out more about how credit limits are determined here

You can close your UniBank credit card account at any time by contacting UniBank on 1800 864 864, or by visiting a branch. After cancelling a card, you will still be liable any outstanding balance you still have, and it will need to be paid off in full. You will continue to receive monthly statements until your card balance is fully repaid.

If your reason for cancelling is that you’re experiencing financial hardship, contact the UniBank financial hardship team to get help with managing your debts and find potential solutions.

If you’re cancelling your credit card because you aren’t happy with it, then consider checking out what else is on the market by clicking the button below to compare credit cards using the Canstar website:

Compare Credit Cards

UniBank was initially founded in 1964 as the University Staff Credit Society Limited, and it has been serving university staff, students, and graduates in Australia ever since. As a mutual bank and a member of the Customer Owned Banking Association (COBA), UniBank’s goal is to improve the financial wellbeing of its members and their families.

With roots in the education sector, UniBank is dedicated to creating a brighter future for students and teachers, through initiatives in conjunction with its parent company, Teachers Mutual Bank, such as:

• Future Teacher Scholarships – offers $5,000 in financial assistance to eight university students becoming teachers each year
• Teachers Mutual Bank Harvard Scholarship – gives one Principal from a government-funded school the opportunity to learn at the Harvard School of Education in America
• Premier’s Teachers Mutual Bank New and Emerging Technologies Scholarship – gives all NSW teachers the opportunity to undertake a scholarship to learn more about new technologies in education
• Sponsors and supports over 100 teacher development conferences nationwide

UniBank’s sustainability initiatives include using environmentally-friendly practices in its everyday business and reducing its carbon emissions. You can learn more about UniBank’s sustainability practices here.