With one of the lowest ongoing purchase rates on the market at 7.49%, there’s a reason our experts named the G&C Mutual Bank Low Rate Visa Credit Card a 2021 Mozo Experts Choice Award winner for best Low Rate Credit Card. Add to that the very reasonable $50 annual fee, plus 50 interest free days, and this could really be the perfect card to help you cut down on expenses.
Do you usually carry a balance on your card from month to month? Well the G&C Mutual Bank Low Rate Visa credit card could help you cut down on the interest you pay with a purchase rate of just 7.49%.
The card also features a $50 annual fee, and provides up to 50 interest free days for cardholders who pay off their balances in full.
Want to take your G&C Mutual Bank Low Rate Visa credit card on your next holiday? As part of the Visa network you’ll be able to use your card anywhere in the world that Visa is accepted, just keep an eye on the 3.00% foreign exchange margin.
If you tend to carry a balance, the G&C Mutual Bank Low Rate Visa credit card’s low purchase rate and competitive annual fee could help you seriously cut down on your expenses.
Just remember that while the Low Rate Visa credit card offers a low 7.49% purchase rate, cash advances using the card could hurt your back pocket given the 15.49% cash advance rate.
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7.49% p.a. |
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none |
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No current offer |
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|
none |
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|
15.49% p.a. |
|
|
50 |
|
$50.00 |
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none |
|
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none |
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|
none |
|
|
$15.00 |
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|
$5 |
|
|
3.00% |
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|
$10.00 |
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|
$30.00 |
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none |
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$20.00 |
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|
3.0 |
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|
yes |
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|
none |
No rewards, website isn't the best compared to other major banks. Credit card is blocked after being 3 days over a payment.
Read full reviewNo rewards, website isn't the best compared to other major banks. Credit card is blocked after being 3 days over a payment.
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0% p.a. for 32 months and then 21.49% p.a.
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0% p.a. for 32 months and then 21.49% p.a.
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1.25 points uncapped
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St.George
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$99 $29 in the first year
100,000
1 point uncapped
American Express
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$195 $0 in the first year
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David Jones
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$99 $29 in the first year
100,000
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American Express
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$120 $0 in the first year
No current offer
1 point uncapped
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Low Rate Credit Card
0% p.a. for 20 months and then 11.99% p.a. (2.00% balance transfer fee)
0% p.a. for 20 months then 11.99% p.a.
$45
Bank of Melbourne
Vertigo
0% p.a. for 32 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
BankSA
Vertigo
0% p.a. for 32 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
HSBC
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0% p.a. for 36 months and then 21.99% p.a.
19.99% p.a.
$129 $29 in the first year
Rewards Plus
St.George
Vertigo
0% p.a. for 32 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
St.George
Amplify Rewards Platinum
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
19.49% p.a.
$99
Qantas Frequent Flyer
Bank of Melbourne
Amplify Rewards Platinum
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
19.49% p.a.
$99 $29 in the first year
Rewards
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6.99% p.a. for 12 months and then 21.49% p.a. (1.00% balance transfer fee)
13.74% p.a.
$59
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0% p.a. for 20 months and then 11.99% p.a. (2.00% balance transfer fee)
$45
St.George
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
BankSA
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
Great Southern Bank
Low Rate Credit Card
11.99% p.a.
0% p.a. for 33 months and then 21.74% p.a.
$49 $0 in the first year
Westpac
Low Rate
13.74% p.a.
6.99% p.a. for 12 months and then 21.49% p.a. (1.00% balance transfer fee)
$59
Bank of Melbourne
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
Bendigo Bank
Low Rate Credit Card
0% p.a. for 20 months then 11.99% p.a.
0% p.a. for 20 months and then 11.99% p.a. (2.00% balance transfer fee)
$45
NAB
StraightUp Card
0% p.a.
No current offer
$120 $10/month - waived if no spend & no balance owing
BankSA
No Annual Fee
0% p.a. for 12 months then 20.74% p.a.
No current offer
$0
NAB
StraightUp Card
0% p.a.
No current offer
$180 $15/month - waived if no spend & no balance owing
