Credit Cards

Compare Low Rate Cards

Low Rate Credit Cards offer low interest rates on purchases and are not restricted by introductory offer periods, allowing you to cut down the amount of interest you pay, with a rate that starts low and stays low.

Low Standard Rate Credit Cards
Card Issuer Balance Transfers Purchases Std APR p.a. Annual Fee Apply
Rate Duration Rate Duration
Bankwest Breeze MasterCard Bankwest Breeze MasterCard
10% cashback at department stores, grocery stores & eating out for 3 months. 12 months extra warranty - If you find cheaper within 21 days, claim the difference.		 5.99% 12 mths N/A N/A 10.99% $59 Apply > More Info
Citibank Clear Platinum Citibank Clear Platinum
Get complimentary international travel insurance, purchase cover and extended warranty insurance		 2.9% 12 mths N/A N/A 11.99% $99 - $50 off in 1st year = $49 Apply > More Info
St. George Vertigo St. George Vertigo
**Special offer** 0.99% for 12 months on Balance Transfers only available until 11th April 2012.		 0.99% 12 mths N/A N/A 13.24% $55 Apply > More Info
Westpac Low Rate Card Westpac Low Rate Card
 0% 6 mths 0% 6 mths 13.49% $45 Apply > More Info
St. George Platinum St. George Platinum
 3.99% 6 mths N/A N/A 15.99% $89 Apply > More Info
Citibank Clear Citibank Clear
Free bottle of wine with Citibank's dining program & Visa Entertainment offers		 N/A N/A N/A N/A 15.99% $65 Apply > More Info
ANZ Low Rate Card ANZ Low Rate Card
*Special offer** 3 months 0% on balance transfers and Purchases only available until 13 March 2012. 		0% 3 mths 0% 3 mths 13.24% $58 Apply > More Info
Aussie Mastercard Aussie Mastercard
2.99% 12 mths 9.99% 12 mths 13.29% $49 Apply > More Info
CommonWealth 'Low Rate' Card CommonWealth 'Low Rate' Card
**Special offer** Apply online and get $50 cash back into your account after card activation (Offer available for limited period only).		 N/A N/A N/A N/A 13.49% $78 Apply > More Info
BOQ Low Rate BOQ Low Rate
1.9% on Balance Transfers for 6 months & up to $25k credit limit		 1.9% 6 mths N/A N/A 13.49% $55 Apply > More Info
Virgin Low Rate Card Virgin Low Rate Card
 2.9% 9 mths N/A N/A 12.99% $59 Apply > More Info

Bankwest Breeze MasterCard

Breeze MasterCard

Introductory Offer

Balance Transfer Rate:
5.99% for 12 mths
Balance Transfer Fee:
N/A
Purchase Rate:
N/A

Typical APR

Purchases:
10.99% p.a.
Balance Transfers:
10.99% p.a.
Cash Advance:
21.99% p.a.
Annual Fee:
$59

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Earned Taxable Income of over ,000.pa

Citibank Clear Platinum

Clear Platinum

Introductory Offer

Balance Transfer Rate:
2.9% for 12 mths
Balance Transfer Fee:
N/A
Purchase Rate:
N/A

Typical APR

Purchases:
11.99% p.a.
Balance Transfers:
21.74% p.a.
Cash Advance:
21.74% p.a.
Annual Fee:
$99 - $50 off in 1st year = $49

Standard Features

Credit Limit:
,000
Interest Free Days:
55 days
Online Banking:
No

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over ,000.pa
  • You have not applied and been declined for another Citibank product in the last 9 months
  • Please ensure you have your contact details, your employment details and your personal income and expense details ready to make an application

St. George Vertigo

Vertigo

Introductory Offer

Balance Transfer Rate:
0.99% for 12 mths
Balance Transfer Fee:
$0
Purchase Rate:
N/A

Typical APR

Purchases:
13.24% p.a.
Balance Transfers:
13.24% p.a.
Cash Advance:
21.49% p.a.
Annual Fee:
$55

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an income of ,000 or more per year

Westpac Low Rate Card

Low Rate Card

Introductory Offer

Balance Transfer Rate:
0% for 6 mths
Balance Transfer Fee:
N/A
Purchase Rate:
0% for 6 mths

Typical APR

Purchases:
13.49% p.a.
Balance Transfers:
13.49% p.a.
Cash Advance:
21.49% p.a.
Annual Fee:
$45

Standard Features

Interest Free Days:
55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia & have an Income of over ,000.pa

St. George Platinum

Platinum

Introductory Offer

Balance Transfer Rate:
3.99% for 6 mths
Balance Transfer Fee:
N/A
Purchase Rate:
N/A

Typical APR

Purchases:
15.99% p.a.
Balance Transfers:
15.99% p.a.
Cash Advance:
21.49% p.a.
Annual Fee:
$89

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia

Citibank Clear

Clear

Introductory Offer

Balance Transfer Rate:
N/A
Balance Transfer Fee:
N/A
Purchase Rate:
N/A

Typical APR

Purchases:
15.99% p.a.
Balance Transfers:
21.74% p.a.
Cash Advance:
21.74% p.a.
Annual Fee:
$65

Standard Features

Credit Limit:
,000
Interest Free Days:
55 days
Online Banking:
No

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over ,000.pa
  • You have not applied and been declined for another Citibank product in the last 9 months
  • Please ensure you have your contact details, your employment details and your personal income and expense details ready to make an application

ANZ Low Rate Card

Low Rate Card

Introductory Offer

Balance Transfer Rate:
0% for 3 mths
Balance Transfer Fee:
N/A
Purchase Rate:
0% for 3 mths

Typical APR

Purchases:
13.24% p.a.
Balance Transfers:
13.24% p.a.
Cash Advance:
21.49% p.a.
Annual Fee:
$58

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over ,000.pa

Aussie Mastercard

Mastercard

Introductory Offer

Balance Transfer Rate:
2.99% for 12 mths
Balance Transfer Fee:
N/A
Purchase Rate:
9.99% for 12 mths

Typical APR

Purchases:
13.29% p.a.
Balance Transfers:
13.29% p.a.
Cash Advance:
19.99% p.a.
Annual Fee:
$49

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over ,000.pa
  • If you are NOT permanent resident/citizen of Australia you must have an Income of over ,000.pa

CommonWealth 'Low Rate' Card

'Low Rate' Card

Introductory Offer

Balance Transfer Rate:
N/A
Balance Transfer Fee:
N/A
Purchase Rate:
N/A

Typical APR

Purchases:
13.49% p.a.
Balance Transfers:
13.49% p.a.
Cash Advance:
21.74% p.a.
Annual Fee:
$78

Standard Features

Interest Free Days:
55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over ,000.pa

BOQ Low Rate

Low Rate

Introductory Offer

Balance Transfer Rate:
1.9% for 6 mths
Balance Transfer Fee:
$0
Purchase Rate:
N/A

Typical APR

Purchases:
13.49% p.a.
Balance Transfers:
13.49% p.a.
Cash Advance:
21.49% p.a.
Annual Fee:
$55

Standard Features

Credit Limit:
,000
Interest Free Days:
55 days
Online Banking:
No

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over ,000.pa
  • You have not applied and been declined for another Citibank product in the last 9 months
  • Please ensure you have your contact details, your employment details and your personal income and expense details ready to make an application

Virgin Low Rate Card

Low Rate Card

Introductory Offer

Balance Transfer Rate:
2.9% for 9 mths
Balance Transfer Fee:
N/A
Purchase Rate:
N/A

Typical APR

Purchases:
12.99% p.a.
Balance Transfers:
12.99% p.a.
Cash Advance:
21.69% p.a.
Annual Fee:
$59

Standard Features

Credit Limit:
,000 - 0,000
Interest Free Days:
44 days
Online Banking:
Yes

Approval Criteria

  • You are over 18 years of age.
  • You have a good credit rating.
  • You have an annual Income of 000 p.a. or more.
  • You are a permanent resident/citizen of Australia
  • You have not applied and been declined for a Citibank product in the last 9 months (Citi is the credit provider and issuer of the Credit Cards)
  • Please ensure you have your contact details, your employment details and your personal income and expense details ready to make an application

Search by Brand

Low Rate Credit Cards Explained

What are low interest rate credit cards?

Low interest rate credit cards provide consumers with a sensible method of making purchases by reducing the amount of potential debt that could be built up through high interest charges.

Is a low rate credit card the right credit card for me?

There are a range of credit cards available to suit a number of financial requirements. Low rate credit cards are more practical for those that wish to carry a balance that is not always paid off in full each month. This way you will reduce the amount of interest you could be paying.

If you don't use your credit card on a regular basis or pay off your outstanding balance in full at the end of each month, you will not benefit from a low rate credit card and would be better to opt for a card that offers a lower annual fee or some kind of reward for your spending.

What should I be aware of with low rate credit cards?

Most low rate credit cards offer an introductory bonus rate, some at 0%, but it is important to ensure the rate does not rise as high as other types of card after this 'honeymoon' period.

The annual fee charged on low rate credit cards tend to be higher than the average card, so it is worth comparing several cards to make sure you're getting the best possible deal.

Before making a decision it is advised that you carry out some research in which card would be the most beneficial to you. If you use a credit card at present, calculate the amount of interest you currently pay each month and compare this to the new rate, while taking the annual fee into consideration. Switching credit cards is easy, so if you find you could be saving money then find a suitable replacement and apply online.

Latest News