Low Rate Visa card image

Auswide Bank Low Rate Visa

Advertiser disclosure
Purchase rate
10.99% p.a.
Balance transfer rate
0% p.a. for 12 months and then 10.99% p.a.
Annual fees
$50 $0 fee for under 25 years olds
Interest free days on purchases
55

Mozo editorial review Auswide Bank Low Rate Visa - last updated: 1 March 2024

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What's hot
  • 2022 Mozo Experts Choice Award winner
  • 10.99% purchase rate
  • $0 fee for under 25 year olds ($50 otherwise)
What's not
  • 3.00% foreign exchange margin
Mozo snapshot

If you’re looking for a little bit of extra help with your purchases, then the 2022 Mozo Experts Choice Award-winning Low Rate Visa credit card from Auswide Bank is an option you may want to consider. This low rate credit card comes with a couple of key features, like a low annual fee, up to 55 interest free days and free additional cards, all with a 10.99% purchase rate. 

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Key features

The Auswide Bank Low Rate Visa purchase rate is a low 10.99% and comes with the pretty unique feature of tracking the RBA cash rate. That mean that your credit card interest rate will only ever go up or down when the Reserve Bank’s official cash rate does.

For anyone under 25 years old, the Auswide Bank Low Rate Visa also has no annual fee, this means the card be pretty much free if you manage to always pay off your balance on time. For everyone else, the annual fee is $50.

One nice bonus of the Auswide Bank Low Rate Visa is the Worldwide Accommodation Discounts. This deal gives you access to discounts on the over 1.3 million holiday properties listed on Agoda.com.

If you’d like to share this card account with your spouse, kids or other close family member, you can score an additional card at no extra cost.

You’ll also find getting to use your card easy, as you’ll have 24/7 access to your account to schedule payments, transfer funds and view your balance, as well as being able to make withdrawals from both domestic and international ATMs.

The card also comes with credit limits ranging from $500-$30,000. The credit limit you wind up with will depend on Auswide Bank’s lending criteria.

If you are looking to change credit cards, Auswide Bank are offering 0% p.a. on balance transfers for first 12 months. 


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Who is it good for

As the card has no annual fee for individuals under 25, and credit limits start as low as $500, this might be a good pick for young spenders just starting out, and looking for their very first piece of plastic.

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Any catches

While there aren’t any major catches to be aware of, it’s always good to remember to pay off your credit card debt in full each pay cycle, so you avoid needing to pay interest on your purchases.


Details

Rates and fees information correct as at 15 April 2024 Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

10.99% p.a.

none

0% p.a. for 12 months and then 10.99% p.a.

yes

10.99% p.a.

55

Fees

$50.00

none

none

none

$20.00

$3.50

3.00%

$0.00

$0.00

$0.00

Features

$30.00

3.0

4

none

Payment options

Apple Pay, Google Wallet

Customer Reviews

How are Auswide Bank credit cards rated by the Mozo community?

Overall
Price
Features
Customer service
Convenience
Trust

About Auswide Bank

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13.49% p.a.

0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

$59 $0 in the first year

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American Express

Qantas Ultimate Card

23.99% p.a.

No current offer

$450

Qantas Frequent Flyer

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American Express

Platinum Edge Credit Card

23.99% p.a.

No current offer

$195 $0 in the first year

Membership Rewards

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American Express

Explorer Credit Card

23.99% p.a.

No current offer

$395

Membership Rewards

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American Express

Velocity Platinum Card

23.99% p.a.

No current offer

$375

Velocity Frequent Flyer

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American Express

Qantas Discovery Card

23.99% p.a.

No current offer

$0

Qantas Frequent Flyer

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American Express

Low Rate Credit Card

10.99% p.a.

No current offer

$0

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American Express

Velocity Escape Card

23.99% p.a.

No current offer

$0

Velocity Frequent Flyer

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American Express

Qantas Ultimate Card

Qantas Frequent Flyer

$450

60,000

1.25 points up to 100,000 points/year, then
1 point uncapped

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G&C Mutual Bank

Platinum Visa Credit Card

Qantas Frequent Flyer

$299

50,000

1 point up to 20,000 points/month

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NAB

Qantas Rewards Premium Card

Qantas Frequent Flyer

$250 $150 in the first year

70,000

0.66 points up to $3,000/month, then
0.33 points up to $6,000/month

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American Express

Qantas Premium Card

Qantas Frequent Flyer

$249

20,000

1 point uncapped

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NAB

Rewards Signature Card

NAB Rewards

$295 $145 in the first year

160,000

1.25 points uncapped

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American Express

Qantas Discovery Card

Qantas Frequent Flyer

$0

No current offer

0.75 points uncapped

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American Express

Velocity Escape Card

Velocity Frequent Flyer

$0

No current offer

0.75 points uncapped

Thumbnail icon for NAB
NAB

Qantas Rewards Signature Card

Qantas Frequent Flyer

$395 $295 in the first year

120,000

1 point up to $5,000/month, then
0.5 points up to $20,000/month

Thumbnail icon for NAB
NAB

Low Rate Card

0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

13.49% p.a.

$59 $0 in the first year

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Citi

Premier Credit Card

0% p.a. for 6 months and then 22.24% p.a.

21.49% p.a.

$300 $150 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year

Citi Rewards Program

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Bank of Queensland

Blue Visa Credit Card

0% p.a. for 9 months and then 21.74% p.a.

0% p.a. for 9 months then 20.74% p.a.

$60

Q Rewards

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Virgin Money

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

0% p.a. for 24 months and then 20.99% p.a.

20.74% p.a.

$149 $0 in the first year

Velocity Frequent Flyer

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Bankwest

More Mastercard

0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee)

19.99% p.a.

$100

Bankwest More Rewards

Thumbnail icon for NAB
NAB

Low Rate Card

13.49% p.a.

0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

$59 $0 in the first year

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American Express

Low Rate Credit Card

10.99% p.a.

No current offer

$0

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HSBC

Low Rate Credit Card

12.99% p.a.

0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)

$99

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Australian Unity

Low Rate Visa Credit Card

9.90% p.a.

No current offer

$59

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MOVE Bank

Low Rate Credit Card

8.99% p.a.

0% p.a. for 6 months and then 8.99% p.a.

$59 $0 in the first year

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Australian Unity

Low Rate Visa Credit Card

9.90% p.a.

No current offer

$59

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MOVE Bank

Low Rate Credit Card

8.99% p.a.

0% p.a. for 6 months and then 8.99% p.a.

$59 $0 in the first year

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Bank of Queensland

Blue Visa Credit Card

0% p.a. for 9 months then 20.74% p.a.

0% p.a. for 9 months and then 21.74% p.a.

$60

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Westpac

Flex Card

0% p.a.

No current offer

$120 $10 monthly fee waived if the outstanding balance on the previous statement is paid in full by the due date.

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NAB

StraightUp Card

n/a

No current offer

$240 $20/month - waived if no spend & no balance owing

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Community First Bank

n0w Credit Card

n/a

No current offer

$228 Monthly fee is waived if account has a $0 balance and if card isn't used during the calendar month.

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humm90

Platinum Mastercard

0% p.a. for 3 months then 25.80% p.a.

No current offer

$99

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