Issued by Macquarie Bank Limited.
The average Australian household spends an average of $1,236 each week on goods and services*. With Yellow Brick Road’s Empower Platinum Card, the average Australian household would earn $642.72 per year on Cashback credit on these purchases. Cashback credit is automatically redeemed in $100 increments, and you can elect to have that money paid into your credit card, into a YBR Cash Manager accountα, or as credit into your YBR Empower variable rate mortgage. What other credit card helps you pay off your home loan sooner?
As part of an industry-wide initiative to enhance Card security, signatures are being phased out from 1 August 2014.
Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice contained in this website and before making any investment decision we recommend that you consider whether it is appropriate to your situation and seek appropriate financial, taxation and legal advice. We recommend that you read our before deciding whether to obtain financial services from us. If an offer document is available for a product referred to on this site, you should read it before making any investment decision. Information on this website is intended for residents of Australia only.
Card Services is a division of Macquarie Bank Limited (ABN 46 008 583 542, Australian Credit Licence 237502) which provides and administers credit and is the issuer of the Yellow Brick Road Empower Platinum Card.
Approval is subject to Card Services credit criteria. Terms and Conditions, fees and charges apply and are available upon request. Allow up to 10 working days to process your application.
The standard variable interest rates are currently 20.70%pa for purchases and 21.95%pa for cash advances. Interest rates are subject to change and Card Services credit criteria.
#Yellow Brick Road Cashback credit can be accrued on up to $100,000 of spend annually for Yellow Brick Road Empower Platinum Cardholders. Yellow Brick Road Cashback is subject to the Yellow Brick Road Rewards Program Terms and Conditions.Yellow Brick Road Cashback credit is not earned on cash advances, balance transfers or other restricted transactions. Minimum monthly repayments are still required.
*Source: Australian Bureau of Statistics Household Expenditure Survey, Australia 2009-10
α The YBR Cash Manager facilitates deposits into the Macquarie Cash Management Account. The Macquarie Cash Management Account is a deposit with Macquarie Bank Limited ABN 46 008 583 542 (Macquarie). Yellow Brick Road Wealth Management (Yellow Brick Road) acts only as the facilitator of the YBR Cash Manager and is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). When opening a YBR Cash Manager you are transacting with Macquarie as the issuer of the YBR Cash Manager and not Yellow Brick Road.
As a licensed Australian bank, Macquarie is subject to regulation by the Australian Prudential Regulation Authority. Macquarie also holds Australian Financial Services Licence No. 237502 and is subject to regulation by the Australian Securities and Investments Commission.
±Savings are based on the average credit card balance of $4,700 (as at 1 September 2013) according to moneysmart.gov.au being charged the average credit card interest rate (as at August 2013) according to the Reserve Bank of Australia lending indicator for standard credit cards.
The estimated savings assume: interest is calculated daily and capitalised at the end of the month; minimum repayments of the greater of 2.50% or $50 of the outstanding balance are paid each month; no other transactions or fees are charged to your account or the competitor account during the term of the balance transfer; and the competitor interest rate does not change over the term of the balance transfer.
Indicative and for illustrative purposes only. The estimated saving is rounded to the nearest whole dollar and is based on a balance transfer rate of 0% pa for 6 months from the date of card approval. The promotional rate then reverts to the standard variable interest rate for purchases.
+ The 0%pa interest rate applies only to balances transferred with this offer for the first six months from the date your account is approved and then reverts to the standard variable interest rate for purchases, which is currently 20.70%pa. Interest rates are subject to change and Card Services credit criteria. Minimum repayments are required. Card repayments will be applied last to the repayment of transferred balances that are in the promotional interest rate period. For further details refer to the Balance Transfer Terms and Conditions.
° Up to 55 days interest free on purchases only applies if your Account is paid in full by the due date each month (including any balance transfers).
× To be covered by MasterCard Zero Liability, you must ensure:
a) You have exercised vigilant care in safeguarding your Card from risk of loss, theft, or unauthorised use;
b) You immediately and without delay notify Card Services upon discovery of the loss, theft, or unauthorised use;
c) You have not reported two or more incidents of unauthorised use in the preceding 12 months;
d) Your account is in good standing; and
e) You have complied with the Conditions of Use.
~Concierge services are provided by International SOS (Australasia) Pty ltd ABN 83 052 247104. You are liable to pay for any goods or services that you request.
^Secure Sentinel membership is provided by Secure Sentinel Pty Ltd ABN 53 054 235 157 and is subject to the Terms and Conditions of Secure Sentinel. It is important for you to read Secure Sentinel membership terms and conditions available at www.securesentinel.com.au. Macquarie Bank Limited (ABN 46 008 583 542) is not liable or responsible for any guarantees, warranties or representations made by Secure Sentinel for the supply of Secure Sentinel membership.
MasterCard and the MasterCard brand mark is a registered trademark of MasterCard International Incorporated.