Compare Low Interest Credit Cards
Low interest credit cards provide consumers with the lowest interest rates possible for a credit card. Compare the best low interest credit cards in Australia in our table below.
These days a lot of people are reconsidering credit cards. Why use a card with the risk of debt when you can safely use your debit card for your purchases? But what these people don’t realise is that most credit card suppliers and banks offer a low interest option which is perfect for people who are reluctant to get a credit card. With a low interest credit card, your credit card just costs you less money. Which means less stress and more options for you and your lifestyle.
Recommended Credit Cards
Bank of Melbourne Vertigo
Purchase Rate: 13.24% pa
Balance Transfer: 0.99% / 12 months
Annual Fee: $55
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ANZ Platinum card
Purchase Rate: 0%* pa
Balance Transfer: 0% / 6 months
Annual Fee: $0*
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Citibank Clear Platinum
Purchase Rate: 11.99% pa
Balance Transfer: 2.9% / 12 months
Annual Fee: 99
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Westpac Low Rate
Purchase Rate: 0% pa
Balance Transfer: 0% / 6 months
Annual Fee: $45
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ANZ Low Rate MasterCard
Purchase Rate: 0% pa
Balance Transfer: 0% / 3 months
Annual Fee: $58
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Bankwest Breeze Classic Credit Card
Purchase Rate: 10.99% pa
Balance Transfer: 4.99% / 12 months
Annual Fee: $69
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- Credit Card Purchase
Rate Balance Transfer Annual
Fee Interest
Free Days Short Credit Card Description
13.24%
p.a.
0.99%
12 months
$55
The Bank of Melbourne Vertigo credit card offers a low balance transfer offer of 0.99% p.a. for the first 12 months with a low purchase rate of 13.24% p.a. and a low annual fee of $55.up to 55
Days0%*
p.a.
0%
6 months
$0*
The ANZ Platinum card currently features amazing value for money with 0% p.a. on purchases and balance transfers for the first 6 months and $0 annual fee for the first year (usually $87 and waived each year if the customer spends $20,000 or more during that year).up to 55
Days11.99%
p.a.
2.9%
12 months
99
Get 2.9% p.a. balance transfers for the first 12 months and a low purchase rate of only 11.99% p.a. This credit card comes with a range of platinum benefits.up to 55
Days12.74%
p.a.
N/A
N/A months
Half!
The Suncorp Standard Credit Card offers a low interest rate of 12.74% p.a. and half annual fee for life!up to 55
Days0%
p.a.
0%
6 months
$45
Receive an introductory purchase and balance transfer rate of 0% p.a. for the first 6 months, up to 55 days interest free and a low annual fee of $45.up to 55
Days0%
p.a.
0%
3 months
$58
Introductory Offer: 0% on purchases and balance transfer for up to 3 Months with a low ongoing purchase rate of 13.24% p.a. and up to 55 days interest free. ANZ Falcon will monitor for any suspicious activities.up to 55
Days0%
p.a.
3.99%
6 months
$30
Introductory purchase rate of 0% for the first 5 months and 3.99% on balance transfers for 6 months. Get a low annual fee of $30, which is waived in the first year and up to 55 days interest free on purchases.up to 55
Days12.99%
p.a.
2.9%
9 months
$59
Virgin Low Rate offers 2.9% p.a. for the first 9 months on balance transfers with a low purchase rate of 12.99% p.a.up to 44
Days10.99%
p.a.
4.99%
12 months
$69
NEW: Bankwest Breeze Classic Credit Card. The Breeze Credit Card offers Australia's lowest MasterCard purchase rate of 10.99% p.a. and 4.99% on balance transfer for 12 monthsup to 55
Days13.49%
p.a.
1.9%
6 months
$51
Bank of Queensland Low Rate credit card special offer:1.9% p.a. on balance transfers for the first 6 months with a low purchase rate of 13.49% p.a.up to 55
Days
Low Interest Credit Cards
Low Interest Credit Cards could be the difference between debt and delight for you this year. With over 30% of Australians suffering from credit card debt, the major banks are creating a wealth of options to try and take the “risk” out of credit card purchasing.
And why not? While ten years ago a credit card was required for almost everything; every adult had at least one and not using a credit card was laughable. Nowadays more and more people are choosing to stick with their debit card due to fear of credit card debt. But why? With Low Interest Credit Cards you could have all the typical bonuses and rewards associated with your credit card – with none of the debt.
How does it work? A Low Interest Credit Card is a card which has been optimized in terms of interest rate, they offer rates and fees which can be up to 50% cheaper than your average credit card. While most credit cards offer a steep repayment rate and a bulky annual payment, a Low Interest Credit Card could help you take control of your financial situation.
Don’t let your credit card frighten you into fretting over every penny, with a Low Interest Credit Card you could be saving every time you spend. It really is that simple, and yet so many Australians allow themselves to be pressured into high rate credit cards which drain their savings and leave them in debt.
So be smart with your money, shop around and find a Low Interest Credit Card option perfect for you. With all of the rewards, all of the freedom and none of the debt – you could take control of your finances by swapping to a Low Interest Credit Card today.