Q Mastercard is your perfect shopping partner for purchases big or small, combining the benefits of a Mastercard with a range of interest-free deals. These include;

• A minimum of three months no payments and no interest on every purchase, with no minimum spend in-store, online and overseas.
• Extra breathing space when you make big ticket purchases with interest-free offers at participating merchants nationwide.

• Standard Interest Rate is 28.95% p.a.
• Cash Advance Rate is 29.50% p.a.

You will need to pay at least the Minimum Payment by the Due Date as set out in your monthly statement.

There are some fees for managing your Account, including:

• Account fee - this is an annual fee of $50 applied to your account in two 6-monthly instalments ($25 upon opening your account and then $25 every 6 months thereafter).
• Establishment fee - $55 will be charged when you make your first purchase using Long Term Finance.
• Advance fee - $35 charged to your account every time you make a Long Term Finance purchase, other than when you convert a transaction into Long Term Finance or where it is your first Long Term Finance Purchase (where an Establishment Fee will be charged).

Please note fees & charges can be varied.

A Q Mastercard provides you with a specified amount of credit that you can access using your Account and/or your card. You must ensure that your total unpaid balance does not exceed your credit limit.

If you have failed to keep up with your minimum payments on your account you will be in default which can result in the following:

• Cancellation or restriction of further use of your Account and/or card.
• Requirement of immediate repayment of any unpaid balance on your Account. This includes interest accrued but not yet charged and all amounts required to repay any Fixed Instalment.
• Charging you default fees and recovery of reasonable enforcement expenses and collection costs.

You can cancel your Q Mastercard at any time as per the cardholder terms and conditions by calling us on 0800 119 100. You will still be responsible for all transactions made up until that time. The outstanding balance, including interest accrued but not yet charged, and all amounts required to repay any Fixed Instalments, will immediately become due and payable.

The Credit Contracts and Consumer Finance Act 2003 provides you with certain cancellation rights, however time limits do apply.