Bluecredit - A line of credit attached to your Bluebanking card.

Play your cards right. Say goodbye to complicated costly hire purchase agreements, and high interest rates. Enjoy the benefits of being a cash buyer - very often you can negotiate a better price.

Police and Families Credit union now offers you a multi-purpose debit card that not only offers 24 x 7 access to your savings but can also provide you with a line of credit up to a maximum of $5000.00

You can use your line of credit to draw cash at ATM's or make purchases using EFTPOS.

Each month you will receive a statement for your Bluecredit account showing all transactions and the minimum payment you must make. You must pay a minimum of 5% of the outstanding balance or pay any extra amount you wish, including payment of the total outstanding debit balance - the choice is yours.

You decide how you wish to pay, and there are a number of options available.

• Fortnightly salary deduction
• Transfer from savings via the internet
• By telephone banking transfer
• By cheque
  

What you need to know

• Each advance incurs a fee of $2.00
• No account keeping fee
• A low debit interest rate in comparison to credit cards
• Minimum monthly payment is 5% of the outstanding debt balance
• One card for savings and Bluecredit. Select "savings" for transactions from your savings account and "cheque" for Bluecredit transactions.
• Monthly statement
• Convenient line of credit - you draw funds when you wish to
• Credit available 24 x 7
• All Bluecredit loans must be secured against GSF / PSS

How do I apply for Bluecredit?
Call us on 0800-429-000 and we will send you the form today or you can click here to obtain a Bluecredit application form.

The Police and Families Credit Union is not a registered bank.