Fees and charges

There are ways to reduce fees – or even avoid paying some of them altogether.

Know how much you have

Keep track of your account by using the Online Service Centre
Or call us on 1300 131 024.

Change your limit to suit your situation

If you'd like to review your limit - that means increase or decrease your limit, call us on 1300 131 024.
Or if it's more convenient you can use the Online Service Centre

Avoid late fees

Ensure you've paid at least your minimum payment before the due date*.
Allow an extra day or two. Remember, payments like BPAY™ and personal cheques can take 3 - 5 business days to process.
Make sure you have enough money in your account to cover all direct debits and other scheduled payments.

Avoid over-limit fees

Check your available credit regularly - and don't spend more than this.

GE CreditLine	Amount	Description
Interest rate
Annual Percentage Rate (APR)	29.49%	Interest rate applicable on outstanding balances that aren't subject to a promotional period
Cash rate	Up to 29.49%	Interest rate applicable on cash advances, purchases & BPAY where biller doesn't accept credit or we have otherwise told you that will be treated as a cash advance
Services
Establishment fee	$25(one-off)	This is a once only fee for establishing your account.
Account servicing fee	$3.95	Charged monthly if the outstanding balance is greater than $10.
Overdue fees
Over limit fee	$5	This is incurred when a purchase takes your balance over your approved credit limit and is charged once in each statement period.
Late fee	$25	This fee is charged if you do not pay any amount that is due and payable (e.g. your minimum monthly payment) by the due date.
Cash fees
ATM withdrawal fee	Greater of 3% or $3	Charged when you make a cash withdrawal from an ATM
EFTPOS withdrawal fee	$0.85	Charged when you make a cash withdrawal using EFTPOS
BPAY cash advance fee	Greater of 3% or $3.00	Charged if you make a BPAY™ payment to a biller who doesn’t accept payments from credit cards or we otherwise tell you that the payment is to be treated as a cash advance. You’ll be notified before making your BPAY™ payment if this charge is to be applied
Direct credit advance fee	Greater of 3% or $3 (with a maximum of $30 per transaction)	This fee is charged for each occasion on which you request funds to be transferred to a nominated bank account.
Payment fees
Payment handling fee	$1.50	Charged for each payment made at Australia Post

These fees are effective as at 3^rd September 2008

For a more detailed explanation, please refer to your Contract Documents.