GE Money MasterCard

GE Money MasterCard

Have others said no? At GE Money, we love to say YES!

Fees and Charges

At GE Money we're committed to educating our customers about our fees and charges. An important part of this is letting you know about some of the options available to help you reduce or avoid fees altogether.

General tips
  • Keep track of your available credit by using the Online Service Centre or by calling 1300 882 289.
  • If your circumstances change, so can your credit limit. If you'd like to review your current limit, simply call us on 1300 882 289.
How can I avoid paying late and over-limit fees?
  • Avoid over-limit fees by regularly checking your available credit and not spending more than this.
  • Avoid late fees by ensuring you have paid at least your minimum payment before the due date.
  • Pay special attention when using payment methods such as BPay and personal cheques, which can take between 3 – 5 business days to process.
  • Ensure you have sufficient funds in your account so all direct debits and other scheduled payments can be made.
  • Contact us to review your credit card limit.
Below is a summary of your fees and charges. For a more detailed explanation, please refer to your Contract Documents.

Purchase annual percentage rate
The interest you pay on purchases. 		22.74% to 23.50% p.a.
Annual fee
The cost per year for your GE Money MasterCard. 		$39
Cash advance fee
Charged when you withdraw cash from an ATM or over the counter. 		Greater of $1.95 or 3% of the cash advance amount
Interest free days
The number of days that no interest will be charged on the purchases you make. 		Up to 55 days
Over-limit fee
This is incurred when a purchase takes your balance over your credit limit. 		$30
Late fee
This applies if you don't make the whole of the minimum payment by the due date shown on your statement. 		$35
Cheque dishonour fee
This is applied if a cheque payment is rejected by the paying bank. 		$10
Direct debit dishonour fee
This is applied if a direct debit is rejected by the paying bank. 		$2.50
Australia Post payment fee
This is applied when you make a payment at an Australia Post outlet. 		$1.50
International ATM fee
Charged each time you withdraw cash from an automatic teller machine outside Australia. 		$4 in addition to the cash advance fee
International (OTC) fee
Charged each time you withdraw cash outside Australia from over the counter. 		$5 in addition to the cash advance fee
International transaction fee
Charged when you obtain funds or make a purchase outside of Australia. 		2% on all purchases and cash
Replacement card fee
This is charged if you need to replace your card through loss, theft or damage. 		$10
Trace fee
If you move, you need to let GE Money know your new address. If your monthly payment is late and we have to trace where you’ve moved to, you’ll be charged a Trace Fee. 		$30
Docket request fee
If you wish to dispute a purchase, you can request a copy of the purchase receipt. A fee will not be charged if you did not approve the purchase. 		$5
Statement reprint fee
This is charged if you request a copy of your statement (the fee is waived if you did not receive the original statement) 		$7

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