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12.49 % p.a. Interest rate

A low-rate, eco-friendly Credit Card for everyday spending

Our Mutual Visa Credit Card is built for simplicity, value and smart everyday use. Enjoy a competitive low interest rate, up to 55 days interest-free on purchases and the added benefit of a card made from plant-based materials! Better for your wallet and the planet.

Whether you're managing daily expenses or planning ahead, this card helps you spend more mindfully without compromising on convenience.

So, what are the perks?

Credit card

Features, Rates and Further Information

Product Features:

Credit Cards
Interest free days : Up to 55 days
Minimum credit limit : $500
Maximum credit limit : $20,000
Minimum repayments : Greater of $25.00 or 3% of balance
Balance transfers : Yes
Annual fee : $49
Late payment fee : $10
Cash advance fee : $0
Periodical Payment : Yes
Direct Debit : Yes
Direct Credit : Yes
PayTo/PayID/OSKO® : Yes
BPAY® : Yes
Apple Pay : Yes
Google Pay : Yes
ATM access : Yes
EFTPOS access : Yes
Bank@Post : Yes
Internet Banking : Yes
The Mutual App : Yes
Visa payWave : Yes
Disclosures or Information View or Download
Rates Rates 
Fees Fees
Target Market Determinations Target Market Determinations
Credit Card Key Fact Sheet (KFS) Credit Card Key Fact Sheet

Frequently Asked Questions 

The new Mutual Visa Credit Cards are made from Polylactic Acid (PLA) which is made from renewable resources such as corn starch or sugar cane.

The cards are new to the market and made up of 90% PLA which is industrially compostable.

While the body of the card itself is made from 100% plant-based material, some other features of the cards such as the microchip, magnetic strip, Visa hologram and signature panel must be sourced from other materials in order for the cards to be functional and scheme compliant.

In getting the new card to you, we have also thought of the environment with biodegradable packaging:

  • 100% recycled paper and envelope which has a glassine paper window, not plastic.
  • Soy-based ink used in the printing.
  • Plant-based adhesive to close the envelope and keep your card secure in the mail.

Through his art, emerging artist Craig Layer welcomes you to the diversity and richness of the land of his ancestors, an area of mountain ranges, deep valleys, and the lifeline of the Wanaruah and other Aboriginal groups of the Hunter, the rivers and estuaries.

Craig created artwork for the Mutual Visa Credit Card which features a striking image of the Hunter River, which runs through the Maitland area where the bank is headquartered, and a Wedge tailed eagle, depicting The Mutual Bank’s connection to community.

The Mutual Visa Credit Card is subject to Conditions of Use available on the Important Documents page of our website.

PLA is manufactured at a plant in Germany where they follow all European regulations for substances handling and working conditions.

Unlike traditional payment cards that are made from fossil-fuel based PVC, the Mutual Visa Credit Card consists almost entirely of a bio-sourced material that comes from sustainable plant material.

Once your card expires, please cut through the chip and your personal details and ensure secure disposal in your normal waste. Rest assured that you are once again helping the environment as PLA cards emit no toxic gases during incineration or decomposition, and will not decompose into harmful microplastics, making them less harmful to the environment even in landfill.

Currently all PLA cards from our card supplier are manufactured in Spain. All manufacture and personalisation facilities comply with the manufacturer’s Code of Conduct. The manufacturer also participates in the UN Global Compact which advocates responsibility in the areas of human rights, labour standards, environmental protection, and anticorruption.

You're gonna love us

The Mutual Bank has been supporting regional communities with trusted banking for over 135 years

We’re proudly customer owned, which means we exist to benefit you. Not external shareholders. Whether you're opening your first account or planning for the future, we’re here with genuine service, great-value products and the kind of care only a mutual can offer.

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Need more support? We're here to help

  • 1 Interest free period is up to 55 days. This applies to purchases only. There is no interest free period for balance transfers and cash advances. Interest is calculated on these items from the day of the transaction.