Intro rate credit cards

  • Intro rate credit cards get a lot of, well, interest from financially savvy types. Basically, they give you the flexibility to spend money on credit (and possibly earn rewards points) at a lower rate, or pay no interest at all, for a certain period of time.

  • How do intro rate credit cards work?

    Intro rates are offered to new customers as an incentive for switching credit cards. Some credit cards will have intro rates for purchases but you can also get intro rates when you transfer a balance from another credit card. A 0% purchase rate, for example, lets you make purchases on your credit card without a charge for a set period of time.

  • Are there any tricks and traps with intro rate credit cards?

    There are indeed. Some cards will revert to high cash advance rates for balances not paid off within the intro period. And most cards don't apply the intro period to such things as cash advances.

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  • We compare 195 credit cards from 58 banks

  • You could save over $2000 by switching credit cards**

  • We update credit card information on our site daily

Today's sponsored deal

NAB

NAB Low Rate Card

  • 0% p.a. on purchases for the first 12 months
  • 0% p.a on balance transfers for 12 months
  • Apply by 19 April 2015
Check it out
    • Virgin Money Virgin Australia Velocity Flyer Card - Purchase Rate Offer
      • 0% p.a. on balance transfers for 6 months
      • 0% p.a. on purchases for up to 12 months
      • Exclusive reduced flights offer when you and a friend travel together. Conditions apply
    • purchase rate

      0% for 12 months then 20.74%

    • balance transfer rate

      0% for 6 months and then 20.99%

    • annual fee

      $129

    • Go to site
    More info
    • NAB Low Rate Card
      • 0% p.a. on purchases for the first 12 months
      • 0% p.a on balance transfers for 12 months
      • Apply by 19 April 2015
    • purchase rate

      0% for 12 months then 13.99%

    • balance transfer rate

      0% for 12 months

    • annual fee

      $59

    • Go to site
    More info
    • Bank of Melbourne Vertigo
      • 0% p.a. on balance transfers for the first 18 months
      • 0% p.a. on purchases for the first 3 months
      • Up to 55 interest free days on purchases
    • purchase rate

      0% for 3 months then 13.24%

    • balance transfer rate

      0% for 18 months and then 21.49%

    • annual fee

      $55

    • Go to site
    More info
    • NAB Premium Card
      • 0% p.a. on balance transfers for 12 months
      • 0% p.a on purchases for the first 12 months
      • Complimentary insurances including overseas travel insurance
    • purchase rate

      0% for 12 months then 19.74%

    • balance transfer rate

      0% for 12 months

    • annual fee

      $90

    • Go to site
    More info
    • Westpac Low Rate - Online Only Offer
      • 0% p.a. rate on balance transfers for 18 months when requested at card application
      • 0% p.a introductory purchase rate for the first 3 months
      • Online only offer for applications approved by 19 April 2015
    • purchase rate

      0% for 3 months then 13.49%

    • balance transfer rate

      0% for 18 months and then 21.49% (2.00% handling fee)

    • annual fee

      $59

    • Go to site
    More info
    • St.George Vertigo
      • 0% p.a. on balance transfers for the first 18 months
      • 0% p.a. on purchases for the first 3 months
      • Up to 55 interest free days on purchases
    • purchase rate

      0% for 3 months then 13.24%

    • balance transfer rate

      0% for 18 months and then 21.49%

    • annual fee

      $55

    • Go to site
    More info
    • BankSA Vertigo Platinum
      • 0% p.a. on balance transfers for the first 20 months
      • 0% p.a. on purchases for the first 3 months
      • $99 annual fee
    • purchase rate

      0% for 3 months then 12.74%

    • balance transfer rate

      0% for 20 months and then 21.49%

    • annual fee

      $99

    • Go to site
    More info

** Saving based on the average difference in fees and charges over 3 years between the most competitive product Mozo can refer a consumer to and the average credit card product input by 6,863 consumers (average balance of $4,262 or balance transfer balance of $5,818, interest rate of 19.6% and annual fee of $36.50) who used the Mozo Credit Card Health Check tool between 1 January 2012 to July 2012.