Low Interest Rate Credit Cards

Low Interest Rate credit cards are a great all-rounder card that give you the peace of mind knowing that you're not spending too much on your interest payments. Check out some of the great Low Interest Rate credit card offers below.

Card	Interest Rate	Balance Transfer	Annual Fee	Free Days	Info
Virgin Money Virgin Money Low Rate Credit Card Editors Choice 2.9% p.a. interest on balance transfers for 9 months Low 12.99% p.a. on going rate on purchases Low annual fee of $59	12.99% p.a.	2.9% p.a. for the first 9 months	$59	Up to 44 Days	Info
ANZ ANZ Low Rate MasterCard Editors Choice 0% p.a on purchases & balance transfer for the first 3 months (Offer ends 13th March 2012) 13.24%p.a. thereafter Low $58 Annual Fee Falcon 24/7 around the clock monitoring of credit card activity for your security.	0% p.a. for the first 3 months (Offer ends 13th March 2012) 13.24%p.a. thereafter	0% p.a. for the first 3 months	$58	Up to 55 Days	Info
NAB NAB Low Rate Card 2.99% p.a. on purchases for the first 12 months - limited time offer, apply before 1st April 2012 4.99% p.a. on balance transfers and purchases for 6 months Your choice of a pink or silver card	2.99% p.a. for your first year, 13.24% thereafter	4.99% p.a. for 6 months	$59	Up to 55 Days	Info
Aussie Credit Card Aussie MasterCard Editors Choice Low Interest Rate & Low Balance Transfer Rate! 2.99% p.a. on Balance Transfers 9.99% p.a. on Purchases	9.99% p.a. for the first 12 months	2.99% p.a. on balance transfers and 9.99% p.a. on purchases for the first 12 months	$49	Up to 55 Days	Info
Bankwest Bankwest Breeze Classic MasterCard 10% cashback on your everyday spend for 12 months Australia’s lowest MasterCard purchase rate, 10.99% p.a. No Annual Fee payable in the 2nd & subsequent years where the annual spend is $10,000 or more for Classic cards. 4.99% p.a. for the first 12 months on non-Bankwest credit card balance transfers If you find goods you buy with your card cheaper within 21 days, claim the difference Up to 12 months extra warranty on top of the manufacturer's warranty Three months free protection against loss, theft or accidental damage of any goods you buy with your card Up to three additional cardholders at no additional fee	10.99%p.a.	4.99%p.a. for 12 months and then 10.99%p.a.	$69	Up to 55 Days	Info
Bank of Queensland BOQ Low Rate Card Low balance transfer rate No annual fee for first year Low Rate Low Annual Fee	13.49% p.a.	1.9% p.a. for 6 months	$0 for 1st year, $55 thereafter	Up to 55 Days	Info
ANZ ANZ Platinum Card Editors Choice Overseas Travel & Medical Insurance. Interstate Flight Insurance. Double Manufacturers expressed Australian warranty on purchases made with ANZ Platinum Card. Annual Fee Waiver - first annual account fee is waived if you've made at least $20,000 in eligible purchases on your ANZ Platinum Card in your year prior to the fee date. Visa Entertainment access to special events, exclusive merchandise packages and home entertainment products. - Platinum Concierge Service.	0% p.a. for the first 6 months (offer ends 13th March 2012) 19.24% p.a. thereafter	0% p.a. for the first 6 months (offer ends 13th March 2012)	$0 for 1st yr, then $87 p.a. (waived if annual apend exceeds $20,000 per year)	Up to 55 Days	Info
ANZ ANZ First Visa Card 0% p.a. on purchases and balances transferred for the first 3 months, offer ends 13th March 2012 Fuss Free Low Annual Fee Credit Card ANZ 24/7 Falcon protection to monitor any suspicious activity on the credit card	0% p.a. for the first 3 months	NA	$30	Up to 44 Days	Info
Bankwest Bankwest Breeze Platinum MasterCard 10% cashback on your everyday spend for 12 months Australia’s lowest MasterCard purchase rate, 10.99% p.a. No Annual Fee payable in the 2nd & subsequent years where the annual spend is $20,000 or more for Platinum cards. 4.99% p.a. for the first 12 months on non-Bankwest credit card balance transfers If you find goods you buy with your card cheaper within 21 days, claim the difference Up to 12 months extra warranty on top of the manufacturer's warranty Three months free protection against loss, theft or accidental damage of any goods you buy with your card Up to three additional cardholders at no additional fee	10.99%p.a.	4.99% p.a. for 12 months and then 10.99%p.a.	$130	Up to 55 Days	Info
ANZ ANZ Frequent Flyer Classic Receive 10,000 Bonus Qantas Frequent Flyer Points - offer ends 13th March 2012. Enjoy 2 cards, with the one credit limit and statement. Earn 1 point for every $1 spent on purchases with American Express. Ability to earn bonus points with ANZ bonus partners.	19.74% p.a.	NA	$95	Up to 44 Days	Info
Heritage Bank Heritage Bank Classic Rewards Credit Card No annual fee in the first 12 months Earn Heritage Credits for every $1,000 spent per calendar month Low Introductory Interest Rate for 13 months	8.95% p.a. for first 13 months then 16.75% p.a.	NA	$0 for first year then $48 p.a.	Up to 25 Days
Bankwest Bankwest Breeze Gold MasterCard 10% cashback on your everyday spend for 12 months Australia’s lowest MasterCard purchase rate, 10.99% p.a. No Annual Fee payable in the 2nd & subsequent years where the annual spend is $15,000 or more for Gold cards. 4.99% p.a. for the first 12 months on non-Bankwest credit card balance transfers If you find goods you buy with your card cheaper within 21 days, claim the difference Up to 12 months extra warranty on top of the manufacturer's warranty Three months free protection against loss, theft or accidental damage of any goods you buy with your card Up to three additional cardholders at no additional fee	10.99%p.a.	4.99% p.a. for 12 months and then 10.99%p.a.	$99	Up to 55 Days	Info
Suncorp Suncorp Standard Card Low interest rate Low annual fee Security protection with FRAUDSHIELD®	12.74%p.a.	NA	½ annual fee for life (usually $55)	NA	Info
Commonwealth Bank CBA Low Rate Gold Card Low 13.49% p.a. Interest Rate Low Annual Fee Complimentary Travel Insurance for return trips up to 3 months Extended Warranty Insurance Purchase Security Insurance	13.49% p.a.	5.99% p.a. for 5 months	$120 or $90 for qualifying customers	Up to 55 Days	Info
Commonwealth Bank CBA Low Rate Card Low 13.49%p.a. Interest Rate Low Annual Fee Free Additional Card	13.49% p.a.	5.99% p.a. for 5 months	$78 or $48 for qualifying members	Up to 55 Days	Info
Virgin Money Virgin Money - Flyer Card An impressive rate of 1.9% p.a. for the first 12 months. You'll earn 1 Velocity Point per $1 spent up to $1,500 per month and then 1 Velocity Point for every $2 spent. Buy a Virgin Australia domestic seat and we’ll give you a complimentary seat on the same flight up to 4 times every year! Just cover the credit card booking fees. Flights subject to availability, conditions apply. Enjoy up to 44 interest free days. Get access to some great Virgin family offers. You'll get all this for just a $99 annual fee.	20.99% p.a.	1.9% p.a. for 12 months , reverts to cash advance rate	$99	Up to 44 Days	Info
Bank of Melbourne Bank of Melbourne (BoM) Vertigo Credit Card Editors Choice Amazing 0.99% p.a. Balance Transfer for up to 12 months New local Melbourne bank with support of Westpac Low Interest Rate Low Annual Fee	13.24% p.a.	0.99% p.a. for up to 12 months	$55	Up to 55 Days	Info
St George Bank St.George Vertigo MasterCard Editors Choice 0.99% p.a. Balance Transfer for 12 months Low Interest Rate & Low Balance Transfer Rate! 13.24% p.a. on Purchases	13.24% p.a.	0.99% p.a. for12 months	$55	Up to 55 Days	Info
Westpac Westpac Low Rate Credit Card Low Interest on Purchases of 13.49% p.a. and 0.99%p.a. on Balance Transfers for 9 months Low annual Fee $45	13.49% p.a.	0.99% p.a.up to 9 months	$45	Up to 55 Days
Westpac Westpac 55 Day Card No Interest on purchases until March 2012 0.99% p.a. on balance transfers for up to 9 months waived annual fee on first year	0% p.a. until March 2012 (reverts to 19.59% p.a.)	0.99% p.a. up to 9 months	$0 (waived for the first year) $30 thereafter	Up to 55 Days

About Low Interest Rate Credit Cards

Low interest rate cards are suited for users carrying balance from month to month. These cards have either a fixed low annual APR (annual percentage rate) or a low introductory APR. Many of them do not charge annual fee.

When choosing a low interest or 0% APR credit card, the important factors to consider are: intro length, ongoing APR rate, fees, grace period length and rewards.

The typical no charge introductory period lasts from 3 to 15 months. Grace period is the time from the date of the purchase until interest is charged. On average the grace period is about 23 days. Late payment fees often apply.

The best choice is the card with the lowest on-going APR and annual fees, the longest grace period and a reward scheme tailored to your spending habits.

When transferring an existing credit balance, a longer 0% APR period is often the best option. In other instances, a card with an ongoing lower interest rate will be the best.

Low interest credit cards are often linked with reward schemes - on every purchase you make using a credit card you receive points that can be then redeemed on various perks. Benefits may vary from bonus cashback to discounts on travel, merchandise, gift cards and others.

Banks often require good or excellent credit rating from applicants.

Low Interest Rate Credit Cards

Virgin Money

ANZ

NAB

Aussie Credit Card

Bankwest

Bank of Queensland

ANZ

ANZ

Bankwest

ANZ

Heritage Bank

Bankwest

Suncorp

Commonwealth Bank

Low 13.49% p.a. Interest Rate

Commonwealth Bank

Virgin Money

Bank of Melbourne

St George Bank

Westpac

Westpac

About Low Interest Rate Credit Cards

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