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 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
    • 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
    • Virgin Money Low Rate Card
      • 0% p.a. on balance transfers for 6 months
      • A low variable 10.99% p.a. purchase rate
      • Pay only half the annual fee in your first year
    • purchase rate

      10.99%

    • balance transfer rate

      0% for 6 months and then 21.69%

    • annual fee

      $99 $49 in the first 1 year

    • Go to site
    More info
    • American Express Low Rate Credit Card
      • 0.99% p.a. on balance transfers for the first 6 months
      • Low annual fee $0
      • You can add up to 4 supplementary cards with no annual fees
    • purchase rate

      11.99%

    • balance transfer rate

      0.99% for 6 months (1.00% handling fee)

    • annual fee

      $0

    • 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
    • ANZ Low Rate
      • 0% p.a. on balance transfers for the first 16 months (2% balance transfer fee applies), apply by 5 May 2015
      • Low 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 (2.00% handling fee)

    • annual fee

      $58

    • 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
    • St.George 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
    • 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
    • ANZ Low Rate Platinum
      • 0% p.a. on balance transfers for the first 16 months (2% balance transfer fee applies), apply by 5 May 2015
      • Ongoing interest rate of 13.49% p.a. on purchases
      • Enjoy complimentary overseas travel and medical insurance
    • purchase rate

      13.49%

    • balance transfer rate

      0% for 16 months (2.00% handling fee)

    • annual fee

      $99

    • Go to site
    More info
    • Bank of Melbourne 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.