Community First recognised in 2024 Finder Credit Card Awards

These awards are based on a robust methodology and 12 months of market data for every credit card in Finder’s database. That’s 270 cards from 82 banks and brands in Australia.

The features recognised in Finder’s Best Low Rate Credit Card category

The Community First Low Rate Credit Card scored highly for its low 8.99% p.a. interest rate, which is 11.08 percentage points lower than the average standard credit card rate (currently 20.07% based on RBA data).

This metric made up 70% of the weighting for Finder’s Low Rate Credit Card category.

Its relatively low $40 annual fee and up to 55 days interest-free also ranked highly. 

In fact, this is the third year in a row that the Community First Low Rate Credit Card has been recognised in this category of the Finder Credit Card Awards, having also received Highly Commended in 2023 and 2022.

Other details to consider

While not factored into the methodology, the Community First Low Rate Credit Card also offers 0% interest on balance transfers for the first 6 months. This gives you a way to save on interest charges if you want to switch from a credit card you’re currently paying off.

It’s also worth noting that Community First offers the same features on its Low Rate Pink and Low Rate Blue credit cards, which support charitable causes. 

With the Low Rate Pink Credit Card, half the annual fee is donated to the McGrath Foundation each year and with the Low Rate Blue Credit Card, half the annual fee supports the Prostate Cancer Foundation of Australia each year.

Member-owned banking benefits

All of the credit cards recognised in the Best Low Rate Credit Card category of the 2024 Finder Awards were from member-owned financial institutions, including Community First.

This highlights the potential value and benefits you can get from joining a member-owned financial institution, because profits go back to the community and members in the form of competitive products and services.

As the Finder Credit Card Awards has highlighted, this can include market-leading products and offers.

About the 2024 Finder Credit Card Awards

Finder has recognised credit cards that offer outstanding value through its awards program for the past 6 years. In 2024, the Finder Credit Card Awards recognised winners and finalists in 12 categories, covering both personal and business cards. The team of experts spent over 100 hours analysing data, with methodology that covered 17 data points for 270 cards. The winners and finalists give people a benchmark for comparing and finding a new card.

Written by Amy Bradney-George, personal finance expert at Finder.

Bio:

Amy Bradney-George has been writing about personal finance for more than 14 years – including over 7 years as the senior writer for credit cards at Finder. She is also the editorial lead for Finder Green, covering sustainability across different industries.

Her work has appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy also has a Bachelor of Arts in Journalism and Drama from Griffith University.

Credit eligibility criteria, terms & conditions, fees & charges apply.

¹ Rates are current as at 31/03/2018 and subject to change without notice. 2 Offer terms and conditions: Rate is current as at 15 February 2021 and subject to change without notice. This is an introductory rate for 6 months only on balance transfers from the funding date. After the initial 6 month introductory period, the interest rate for the balance transferred will revert back to the standard credit card rate at the time - currently 8.99% p.a. Offer available for new and existing cardholders where new balances are transferred to the card and offer can be withdrawn at any time. Excludes Balance Transfers from Community First or Easy Street cards. 

This information is general advice only and does not take into account your objectives, financial situation or needs (your "personal circumstances"). Before deciding whether to buy any product on this website you should consider your personal circumstances. You should read and consider the Terms and Conditions when deciding to use any product (terms and conditions, fees and charges may apply). Our product Conditions of Use are available at communityfirst.com.au

Community First Credit Union LimitedABN 80 087 649 938 | Operating as Community First Bank | AFSL and Australian credit licence 231204

 .