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.

  • 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.

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  • We compare 196 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 Credit Card

  • 0% p.a. on purchases for 15 months
  • Up to 55 days interest free on purchases
  • Low annual card fee $59
Check it out
    • ADCU Low Rate Visa Credit Card
      • 0% p.a. on balance transfers for 12 months
      • 10.99% p.a. ongoing purchase rate
      • 55 days interest free
    • purchase rate

      10.99%

    • balance transfer rate

      0% for 12 months

    • annual fee

      $49

    • Go to site
    More info
    • ANZ Low Rate
      • 0% p.a. on balance transfers for the first 16 months, apply by 13 January 2015
      • Ongoing interest rate of 13.49% p.a. on purchases
      • Up to 55 days interest free on purchases
    • purchase rate

      13.49%

    • balance transfer rate

      0% for 16 months

    • annual fee

      $58

    • Go to site
    More info
    • NAB Low Rate Card
      • 0% p.a. on purchases for 15 months
      • Up to 55 days interest free on purchases
      • Low annual card fee $59
    • purchase rate

      0% for 15 months then 13.99%

    • balance transfer rate

      4.99% for 6 months

    • annual fee

      $59

    • Go to site
    More info
    • Virgin Money Low Rate Card
      • 0% p.a. on balance transfers for 6 months
      • Up to 44 interest free days on purchases
      • Visa payWave available on purchases under $100
    • purchase rate

      10.99%

    • balance transfer rate

      0% for 6 months and then 21.69%

    • annual fee

      $99

    • Go to site
    More info
    • Westpac Low Rate (Online Only Offer)
      • 0% p.a. rate on balance transfers for 14 months when requested at card application
      • Low variable purchase rate, currently 12.49% p.a
      • Online offer only. Offer applies to applications approved by 5 January 2015
    • purchase rate

      12.49%

    • balance transfer rate

      0% for 14 months

    • annual fee

      $45

    • Go to site
    More info
    • ANZ Low Rate Platinum
      • 0% p.a. on balance transfers for the first 16 months, apply by 13 January 2015
      • Ongoing interest rate of 13.49% p.a. on purchases
      • Enjoy complimentary travel and medical insurance
    • purchase rate

      13.49%

    • balance transfer rate

      0% for 16 months

    • annual fee

      $99

    • Go to site
    More info
    • Bank of Queensland Low Rate
      • 0% p.a. for 6 months on balance transfers
      • No annual fee for the first year
      • Up to 55 interest-free on purchases
    • purchase rate

      13.49%

    • balance transfer rate

      0% for 6 months and then 21.49%

    • annual fee

      $55$0 in the first 1 year

    • Go to site
    More info
    • Bankwest Breeze
      • 0% p.a. on balance transfers for 4 months
      • Low ongoing purchase rate of 12.24% p.a
      • Up to 3 additional cardholders at no additional cost
    • purchase rate

      12.24%

    • balance transfer rate

      0% for 4 months

    • annual fee

      $59

    • Go to site
    More info
    • Bankwest Breeze Gold
      • 0% p.a. on balance transfers for 4 months
      • Low ongoing purchase rate of 12.24% p.a
      • Up to 3 additional cardholders at no additional cost
    • purchase rate

      12.24%

    • balance transfer rate

      0% for 4 months

    • annual fee

      $89

    • Go to site
    More info
    • Bankwest Breeze Platinum
      • 0% p.a. on balance transfers for 4 months
      • Low ongoing purchase rate of 12.24% p.a
      • No foreign transaction fees on online and overseas purchases
    • purchase rate

      12.24%

    • balance transfer rate

      0% for 4 months

    • annual fee

      $99

    • Go to site
    More info
    • St.George Vertigo Platinum
      • 0% p.a. on purchases for the first 12 months
      • Annual fee $99
      • Visa payWave for purchases under $100
    • purchase rate

      0% for 12 months then 12.74%

    • balance transfer rate

      3.99% for 6 months

    • annual fee

      $99

    • Go to site
    More info
    • Bank of Melbourne Vertigo
      • 0% p.a. on purchases for the first 12 months
      • Annual fee $55
      • Up to 55 interest free days on purchases
    • purchase rate

      0% for 12 months then 13.24%

    • balance transfer rate

      3.99% for 6 months

    • annual fee

      $55

    • Go to site
    More info
    • BankSA Vertigo
      • 0% p.a. on purchases for the first 12 months
      • Annual fee $55
      • Up to 55 interest free days on purchases
    • purchase rate

      0% for 12 months then 13.24%

    • balance transfer rate

      3.99% for 6 months

    • annual fee

      $55

    • Go to site
    More info
    • BankSA Vertigo Platinum
      • 0% p.a. on purchases for the first 12 months
      • Annual fee $99
      • Visa payWave for purchases under $100
    • purchase rate

      0% for 12 months then 12.74%

    • balance transfer rate

      3.99% for 6 months

    • 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.