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    Low rate credit cards

    • Low rate credit cards are a cheap way to manage your purchases if you, ahem, forget to pay off the total balance from time to time. While many credit cards charge 20% or more on purchases, low interest rates can save you hundreds of dollars a year.

      If you're after still more deals than the latest low rate cards below, try our search tool . You can rank the whole credit card market from lowest to highest interest rate in seconds.

    • Where can I find low rate credit cards?

      Most credit card providers now offer low rate deals - and they're perfect for people with a little credit debt, as you'll avoid disastrously high interest payments and pay off your debt faster. However, you'll usually encounter an annual fee and little in the way of a rewards program.

    • Do I need the lowest rate credit card or a balance transfer?

      Good question! So good, in fact, we can't answer it here. But with a couple of quick details our Credit Card Health Check tool can answer it in seconds (it's that much cleverer than us).

    • Can I apply online for a low rate credit card?

      Indeed you can - simply hit the "go to site" button to the right of your low interest rate credit card and we'll shoot you through to an online credit card application with the provider.

    Popular low rate credit cards on MozoRates updated: 24 May 2012

      • Bankwest
        Breeze
        • Limited Time Exclusive Offer - 0% p.a. intro purchase rate for 6 months
        • 4.99% p.a. for the first 9 months on non-Bankwest credit card balance transfers
        • Up to 55 days interest free
      • interest rate

        10.99%

      • balance transfer rate

        4.99% for 9 months


        annual fee

        $49

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      • Virgin Money
        Virgin Low Rate Credit Card
        • 2.9% p.a. balance transfer rate for the first 9 months
        • $59 annual fee
        • Up to 44 days interest free on purchases
      • interest rate

        12.99%

      • balance transfer rate

        2.90% for 9 months and then 21.69%


        annual fee

        $59

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      • Bankwest
        Breeze Platinum
        • No foreign exchange fees
        • Limited Time Exclusive Offer - 0% p.a. intro purchase rate for 6 months
        • Up to 55 days interest free on purchases. $99 annual fee
      • interest rate

        10.99%

      • balance transfer rate

        4.99% for 9 months


        annual fee

        $99

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      • ANZ
        Low Rate
        • 0% p.a. on purchases and balances transferred for the first 3 months
        • Up to 55 days interest free on purchases
      • interest rate

        13.39%

      • balance transfer rate

        0.00% for 3 months


        annual fee

        $58

      • Go to site
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    Credit card reviews

      • 28 Degrees 28 Degrees Mastercard *

        More 28 Degrees credit cards

        * Fees and charges are payable

        Show Rates

        28 Degrees credit card review

        Gread for OS travel without the transaction fees

          11. Overall customer rating
          12. (Reviewed 2 days ago)

        Great product for overseas travel and international eBay purchases. No conversion fees when used overseas with competitive foreign exchange rates. Safe, reliable and user-friendly online service. Efficient customer service during initial registrat...       Full review 

        Great product for overseas travel and international eBay purchases. No conversion fees when used overseas with competitive foreign exchange rates. Safe, reliable and user-friendly online service. Efficient customer service during initial registration. No cons so far. Highly recommended product.


          11. Price
          11. Features
          11. Service
          11. Convenience
          11. Trust
        Less
        28 Degrees 28 Degrees Mastercard credit card review by Marta from Australian Capital Territory

        Was this review helpful?

        Yes

      • Commonwealth Bank Low Fee Credit Card *

        • 20.24%

          interest rate

        • $24.00

          annual fee

        Commonwealth Bank Platinum Awards Credit Card *

        More Commonwealth Bank credit cards

        * Fees and charges are payable

        Show Rates

        Commonwealth Bank credit card review

        Great customer service & better competetive rates

          11. Overall customer rating
          12. (Reviewed 2 days ago)

        Love the idea of having a credit card on hand for any emergency purchases that may pop up and have always been a trusted Commonwealth Bank account holder but believe there interest rates could be at a bit more of a competitive price to keep valued...       Full review 

        Love the idea of having a credit card on hand for any emergency purchases that may pop up and have always been a trusted Commonwealth Bank account holder but believe there interest rates could be at a bit more of a competitive price to keep valued customers where they want to be and with a great rate.


          11. Price
          11. Features
          11. Service
          11. Convenience
          11. Trust
        Less
        Commonwealth Bank Low Fee Credit Card credit card review by Kelly from Victoria

        Was this review helpful?

        Yes

      • ANZ Frequent Flyer *

        ANZ First *

        More ANZ credit cards

        * Fees and charges are payable

        Show Rates

        ANZ credit card review

        Went out of their way to give comfortable service

          11. Overall customer rating
          12. (Reviewed 2 days ago)

        When I went into the branch, it didn't feel like a bank. I felt like I was in a movie, playing the part of a VIP investor with a personal bank representative....yet it was all comfy and casual like visiting a friend's place. Amazing!       Full review 

        When I went into the branch, it didn't feel like a bank. I felt like I was in a movie, playing the part of a VIP investor with a personal bank representative....yet it was all comfy and casual like visiting a friend's place. Amazing!


          11. Price
          11. Features
          11. Service
          11. Convenience
          11. Trust
        Less
        ANZ Frequent Flyer credit card review by Craig from Western Australia

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        Yes
    5

    Lowest interest rate

    based on ongoing interest rate

    Highest rated credit cards- as voted by the Mozo Community (rating out of 10)

    • 8.0

      Bendigo Bank credit cards

      Overall rating: 8.0 (51 reviews)*

      Last reviewed: 04 May 2012


      11. Overall customer rating
      11. Price
      11. Features
      11. Service
      11. Convenience
      11. Trust

      * based on reviews in the past 12 months

      Bendigo Bank credit cards
    • 7.8

      28 Degrees credit cards

      Overall rating: 7.9 (71 reviews)*

      Last reviewed: 20 May 2012


      11. Overall customer rating
      11. Price
      11. Features
      11. Service
      11. Convenience
      11. Trust

      * based on reviews in the past 12 months

      28 Degrees credit cards
    • 7.8

      Woolworths credit cards

      Overall rating: 7.8 (30 reviews)*

      Last reviewed: 08 May 2012


      11. Overall customer rating
      11. Price
      11. Features
      11. Service
      11. Convenience
      11. Trust

      * based on reviews in the past 12 months

      Woolworths credit cards
    • 7.3

      Bankwest credit cards

      Overall rating: 7.3 (132 reviews)*

      Last reviewed: 21 May 2012


      11. Overall customer rating
      11. Price
      11. Features
      11. Service
      11. Convenience
      11. Trust

      * based on reviews in the past 12 months

      Bankwest credit cards
    • 7.2

      Bank of Queensland credit cards

      Overall rating: 7.2 (39 reviews)*

      Last reviewed: 24 January 2012


      11. Overall customer rating
      11. Price
      11. Features
      11. Service
      11. Convenience
      11. Trust

      * based on reviews in the past 12 months

      Bank of Queensland credit cards

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