Compare & Save on

Low interest credit cards

  • Low interest 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 interest credit cards?

    Most credit card providers now offer low interest 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.

Credit card comparisons on Mozo Rates updated daily

  • MOZO EXPERTS CHOICE AWARDS 2016

    Australian Military Bank Low Rate Visa Credit Card

    Australian Military Bank Low Rate Visa Credit Card

    • $0 additional cardholder fee
    • Up to 55 days interest free on purchases
    • Visa payWave for convenient contactless purchases under $100

    purchase rate

    10.99% p.a.

    annual fee

    $49

    balance transfer rate

    0% p.a. for 12 months

    Go to site

    More info

    • $0 additional cardholder fee
    • Up to 55 days interest free on purchases
    • Visa payWave for convenient contactless purchases under $100
    • Balance transfer rate: 0% p.a. for 12 months
    • Annual fee: $49
    • Purchase rate: 10.99% p.a.
    • Interest free days: 55
    • Interest rate on cash withdrawals: 19.99% p.a.
    • Fee for cash withdrawals: $4.50
    • Rewards description:
    Overall rating

    7.2

    Based on 27 Australian Military Bank credit card reviews

    Need more information?
    Go to site

    More info

  • Coles Low Rate MasterCard

    Coles Low Rate MasterCard

    • Low ongoing purchase rate of 12.99% p.a.
    • Earn 0.5 flybuys points for every dollar spent on the card at Coles Supermarkets
    • Low annual fee of $49 p.a.

    purchase rate

    12.99% p.a.

    annual fee

    $49

    balance transfer rate

    0% p.a. for 6 months

    Go to site

    More info

    • Low ongoing purchase rate of 12.99% p.a.
    • Earn 0.5 flybuys points for every dollar spent on the card at Coles Supermarkets
    • Low annual fee of $49 p.a.
    • Balance transfer rate: 0% p.a. for 6 months
    • Annual fee: $49
    • Purchase rate: 12.99% p.a.
    • Interest free days: 62
    • Interest rate on cash withdrawals: 19.99% p.a.
    • Fee for cash withdrawals: 3%, Min $1.95
    • Rewards description:
    Overall rating

    6.8

    Based on 156 Coles credit card reviews

    Need more information?
    Go to site

    More info

  • St.George Amplify Signature (Rewards)

    St.George Amplify Signature (Rewards)

    • 1.0% p.a. on purchases for the first 12 months
    • 0% p.a. on balance transfers for 18 months
    • 30,000 bonus points when you spend $2,500 within the first 90 days

    purchase rate

    1.00% p.a. for 12 months then 19.49% p.a.

    annual fee

    $279 $0 in the first 1 year

    balance transfer rate

    0% p.a. for 18 months

    Go to site

    More info

    • 1.0% p.a. on purchases for the first 12 months
    • 0% p.a. on balance transfers for 18 months
    • 30,000 bonus points when you spend $2,500 within the first 90 days
    • Balance transfer rate: 0% p.a. for 18 months
    • Annual fee: $279 $0 in the first 1 year
    • Purchase rate: 1.00% p.a. for 12 months then 19.49% p.a.
    • Interest free days: 55
    • Interest rate on cash withdrawals: 20.24% p.a.
    • Fee for cash withdrawals: 2%, Min $2.50
    • Rewards description: Transfer points to a range of airline programs or redeem your points for travel, gift cards, retail rewards and shopping gift cards.
    Overall rating

    7.0

    Based on 330 St.George credit card reviews

    Need more information?
    Go to site

    More info

  • St.George Vertigo Platinum

    St.George Vertigo Platinum

    • 0% p.a. on balance transfers for the first 18 months
    • 1.0% p.a. on purchases for the first 12 months
    • Up to 55 interest free days on purchases

    purchase rate

    1.00% p.a. for 12 months then 12.74% p.a.

    annual fee

    $99 $0 in the first year for existing St.George customers

    balance transfer rate

    0% p.a. for 18 months

    Go to site

    More info

    • 0% p.a. on balance transfers for the first 18 months
    • 1.0% p.a. on purchases for the first 12 months
    • Up to 55 interest free days on purchases
    • Balance transfer rate: 0% p.a. for 18 months
    • Annual fee: $99 $0 in the first year for existing St.George customers
    • Purchase rate: 1.00% p.a. for 12 months then 12.74% p.a.
    • Interest free days: 55
    • Interest rate on cash withdrawals: 21.49% p.a.
    • Fee for cash withdrawals: 2%, Min $2.50
    • Rewards description:
    Overall rating

    7.0

    Based on 330 St.George credit card reviews

    Need more information?
    Go to site

    More info

  • MOZO EXPERTS CHOICE AWARDS 2016

    Bank Australia Low Rate Visa

    Bank Australia Low Rate Visa

    • Same interest rate for purchases and cash advances
    • Visa Checkout for safe online banking
    • Low annual fee

    purchase rate

    9.39% p.a.

    annual fee

    $59

    balance transfer rate

    Go to site

    More info

    • Same interest rate for purchases and cash advances
    • Visa Checkout for safe online banking
    • Low annual fee
    • Balance transfer rate:
    • Annual fee: $59
    • Purchase rate: 9.39% p.a.
    • Interest free days: 0
    • Interest rate on cash withdrawals: 9.39% p.a.
    • Fee for cash withdrawals: $3.50
    • Rewards description:
    Overall rating

    7.7

    Based on 15 Bank Australia credit card reviews

    Need more information?
    Go to site

    More info

  • NAB Low Rate Card

    NAB Low Rate Card

    • 0% p.a on purchases for 15 months
    • 0% p.a on balance transfers for 15 months (one off 3% BT fee)
    • Secure online application and fast response

    purchase rate

    0% p.a. for 15 months then 13.99% p.a.

    annual fee

    $59

    balance transfer rate

    0% p.a. for 15 months and then 21.74% p.a. (3.00% p.a. balance transfer fee)

    Go to site

    More info

    • 0% p.a on purchases for 15 months
    • 0% p.a on balance transfers for 15 months (one off 3% BT fee)
    • Secure online application and fast response
    • Balance transfer rate: 0% p.a. for 15 months and then 21.74% p.a. (3.00% p.a. balance transfer fee)
    • Annual fee: $59
    • Purchase rate: 0% p.a. for 15 months then 13.99% p.a.
    • Interest free days: 55
    • Interest rate on cash withdrawals: 21.74% p.a.
    • Fee for cash withdrawals: 2%, Min $2.50
    • Rewards description:
    Overall rating

    7.2

    Based on 1409 NAB credit card reviews

    Need more information?
    Go to site

    More info

  • ANZ Low Rate

    ANZ Low Rate

    • $100 Back to your new ANZ Low Rate Credit Card
    • 0% p.a on purchases for the first 6 month from approval
    • Up to 55 days interest free on purchases

    purchase rate

    0% p.a. for 6 months then 13.49% p.a.

    annual fee

    $58

    balance transfer rate

    Go to site

    More info

    • $100 Back to your new ANZ Low Rate Credit Card
    • 0% p.a on purchases for the first 6 month from approval
    • Up to 55 days interest free on purchases
    • Balance transfer rate:
    • Annual fee: $58
    • Purchase rate: 0% p.a. for 6 months then 13.49% p.a.
    • Interest free days: 55
    • Interest rate on cash withdrawals: 21.74% p.a.
    • Fee for cash withdrawals: 2%
    • Rewards description:
    Overall rating

    6.9

    Based on 1932 ANZ credit card reviews

    Need more information?
    Go to site

    More info

  • Westpac Low Rate

    Westpac Low Rate

    • 0% p.a on balance transfers for the first 16 months
    • 1.0% p.a purchase rate for 12 months
    • Bank on-the-go with Westpac Mobile Banking

    purchase rate

    1.00% p.a. for 12 months then 13.49% p.a.

    annual fee

    $59 $0 in the first year for existing Westpac customers

    balance transfer rate

    0% p.a. for 16 months

    Go to site

    More info

    • 0% p.a on balance transfers for the first 16 months
    • 1.0% p.a purchase rate for 12 months
    • Bank on-the-go with Westpac Mobile Banking
    • Balance transfer rate: 0% p.a. for 16 months
    • Annual fee: $59 $0 in the first year for existing Westpac customers
    • Purchase rate: 1.00% p.a. for 12 months then 13.49% p.a.
    • Interest free days: 55
    • Interest rate on cash withdrawals: 21.49% p.a.
    • Fee for cash withdrawals: 2%, Min $2.50, Max $150
    • Rewards description:
    Overall rating

    7.2

    Based on 1431 Westpac credit card reviews

    Need more information?
    Go to site

    More info

Want more? Compare all 202 credit cards in the Mozo comparison engine.

Compare all credit cards

Look for a specific type of credit card:

Switch & Save Calculator

Compare savings from over 100 credit cards. How much could you save by switching your credit card? Find out in a few clicks.

Get started

Advertisement