low interest credit cards

Credit cards

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Low interest credit card comparisons on Mozo - last updated 18 October 2021

Search promoted credit cards below or do a full Mozo database search. Advertiser disclosure.
  • Apply By 31 October 2021
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    Bendigo Bank Low Rate Credit Card

    0% p.a. on purchases for up to 12 months (Reverts to 11.99% p.a). Also 0% balance transfer for up to 12 months. Low annual fee of $45 and no fees for additional cardholders.

    Purchase rate
    Balance transfer rate
    Annual fee
    0% p.a. for 12 months then 11.99% p.a.
    0% p.a. for 12 months and then 11.99% p.a. (2.00% balance transfer fee)
    $45
    Compare
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    Details
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    Bankwest Breeze Mastercard

    Enjoy 0% p.a on balance transfers for 15 months then 9.90% thereafter. No annual fee for the first year. Limited time only. Other fees, T&Cs apply. New Breeze Mastercard customers only.

    Purchase rate
    Balance transfer rate
    Annual fee
    0% p.a. for 15 months then 9.90% p.a.
    0% p.a. for 15 months and then 9.90% p.a.
    $49 $0 in the first year
    Compare
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    Details
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    Great Southern Bank Low Rate Credit Card

    Enjoy an amazingly low 11.99% p.a. on purchases plus a 0% balance transfer rate for 13 months and up to 55 interest free days. No annual fee for the first year and $49 after.

    Purchase rate
    Balance transfer rate
    Annual fee
    11.99% p.a.
    0% p.a. for 25 months and then 21.74% p.a.
    $49 $0 in the first year
    Compare
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    Details
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    MoneyMe Freestyle Virtual Mastercard

    Use your virtual card instantly once approved (typically within 60 minutes). Features include Tap n Pay with up to 55 days interest-free, transfer money to any bank account and exclusive access to MoneyMe perks. $0 annual fee for lower limits. Must be employed with decent credit history.

    Purchase rate
    Balance transfer rate
    Annual fee
    16.99% p.a.
    No current offer
    $209 $0 - $149 based on credit limit, $5/month for balances over $20.
    Compare
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    Details
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    NAB StraightUp Card

    $10/month - $1,000 Credit Limit

    Pay no interest and no late payment fees, just a $10 monthly fee for a $1,000 credit limit. Plus, if you don't make any purchases and have an outstanding balance of $0 during the whole statement period, the monthly fee will be reversed. Also pay no foreign currency fees when you shop online or overseas. Mozo Experts Choice Credit Card Innovation Winner 2020^.

    Purchase rate
    Balance transfer rate
    Annual fee
    0% p.a.
    No current offer
    $120 $10/month - waived if no spend & no balance owing
    Compare
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    Details
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    St.George No Annual Fee

    0% p.a. for 12 months on APR requested at card application. The special promotional purchase rate applies from card approval, after the promotional period, the rate will switch to the variable purchase rate. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.

    Purchase rate
    Balance transfer rate
    Annual fee
    0% p.a. for 12 months then 20.74% p.a.
    2.99% p.a. for 15 months and then 21.49% p.a.
    $0
    Compare
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    Details
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    NAB Low Rate Card

    Spend with confidence with a low 12.99% standard purchase rate. 0% p.a. interest on balance transfers for the first 32 months. There's also up to 55 interest free days on purchases to help you manage your budget better.

    Purchase rate
    Balance transfer rate
    Annual fee
    12.99% p.a.
    0% p.a. for 32 months and then 21.74% p.a. (0% balance transfer fee)
    $59 $0 in the first year
    Compare
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    Details
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    Westpac Low Rate - Cashback Offer

    Enjoy a super low rate of 13.74% with 55 days interest free plus 0% balance transfer for up to 28 months at 1% BT fee. No annual card fee for the first year, $59 thereafter. New Cards only. Offer ends November 30th 2021. T&C's and exclusions apply.

    Purchase rate
    Balance transfer rate
    Annual fee
    13.74% p.a.
    No current offer
    $59 $0 in the first year
    Compare
    Go to site
    Details
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    American Express Low Rate Credit Card

    Competitive low rate with $0 Annual Fee. Get $100 back when you apply online by 27 October 2021, are approved and spend $1,000 on your new Card by 31 December 2021. T&Cs apply. New Card Members only. Customers need an annual income of $50,000 or more.

    Purchase rate
    Balance transfer rate
    Annual fee
    8.99% p.a.
    No current offer
    $0
    Compare
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    Details
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    Bankwest Zero Mastercard

    No annual fee and up to 55 days interest free on purchases. 0% p.a. on balance transfers for 26 months and then 14.99% p.a. thereafter (2% BT fee applies).

    Purchase rate
    Balance transfer rate
    Annual fee
    14.99% p.a.
    0% p.a. for 26 months and then 14.99% p.a. (2.00% balance transfer fee)
    $0
    Compare
    Go to site
    Details
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    Westpac Low Rate

    Enjoy a super low rate of 13.74% with 55 days interest free plus 0% balance transfer for up to 28 months at 1% BT fee. No annual card fee for the first year, $59 thereafter. New Cards only. Offer ends November 30th 2021. T&C's and exclusions apply.

    Purchase rate
    Balance transfer rate
    Annual fee
    13.74% p.a.
    0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)
    $59 $0 in the first year
    Compare
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    Details
  • Apply By 30 November 2021
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    St.George Vertigo - Cashback Offer

    $300 cashback when you take out a new Vertigo Credit Card and spend $4k on eligible purchases within 120 days of the new card approval. No annual fee for the first year, $55 thereafter. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.

    Purchase rate
    Balance transfer rate
    Annual fee
    13.99% p.a.
    2.99% p.a. for 15 months and then 21.49% p.a.
    $55 $0 in the first year
    Compare
    Go to site
    Details
  • Apply By 30 November 2021
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    Bank of Melbourne Vertigo

    0% p.a. for 30 months on balance transfers requested at card application. 0% balance transfer fee applies. Rate then switches to applicable variable cash advance rate. No annual fee for the first year, $55 thereafter. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.

    Purchase rate
    Balance transfer rate
    Annual fee
    13.99% p.a.
    0% p.a. for 30 months and then 21.49% p.a.
    $55 $0 in the first year
    Compare
    Go to site
    Details
  • Apply By 30 November 2021
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    BankSA Vertigo - Cashback Offer

    $300 cashback when you take out a new Vertigo Credit Card and spend $4k on eligible purchases within 120 days of the new card approval. No annual fee for the first year, $55 thereafter. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.

    Purchase rate
    Balance transfer rate
    Annual fee
    13.99% p.a.
    2.99% p.a. for 15 months and then 21.49% p.a.
    $55 $0 in the first year
    Compare
    Go to site
    Details
  • Apply By 30 November 2021
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    Bank of Melbourne Vertigo - Cashback Offer

    $300 cashback when you take out a new Vertigo Credit Card and spend $4k on eligible purchases within 120 days of the new card approval. No annual fee for the first year, $55 thereafter. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.

    Purchase rate
    Balance transfer rate
    Annual fee
    13.99% p.a.
    2.99% p.a. for 15 months and then 21.49% p.a.
    $55 $0 in the first year
    Compare
    Go to site
    Details
  • Apply By 30 November 2021
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    St.George Vertigo

    0% p.a. for 30 months on balance transfers requested at card application. 0% balance transfer fee applies. Rate then switches to applicable variable cash advance rate. No annual fee for the first year, $55 thereafter. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.

    Purchase rate
    Balance transfer rate
    Annual fee
    13.99% p.a.
    0% p.a. for 30 months and then 21.49% p.a.
    $55 $0 in the first year
    Compare
    Go to site
    Details
  • Apply By 20 October 2021
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    David Jones American Express Platinum Card

    Earn 70,000 Membership Reward Points or 35,000 Qantas Points when you apply online by 20 October 2021, are approved and spend $1,500 at locations excluding David Jones on your new Card within the first three months. Available to new David Jones American Express Platinum Card Members only.

    Purchase rate
    Balance transfer rate
    Annual fee
    0% p.a. for 6 months then 20.74% p.a.
    No current offer
    $295
    Compare
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    Details

^See information about the Mozo Experts Choice Credit cards Awards

**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.

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.

Credit card providers we compare at Mozo

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FAQ

Credit Card Reviews

Citi Credit Card
Overall 2/10
Credit card charged

I have started using CITI cash back credit card since 2017. They have told me that the card is absolutely free and no charges at all. Today they have charged AED 315 as membership fee. I was trying to call customer are to ask the explanation on this but more than 30 minutes I was listening their advertisement without answering anyone. Very poor customer care really. I'm going to cancel this card at very earliest.

Read full review

I have started using CITI cash back credit card since 2017. They have told me that the card is absolutely free and no charges at all. Today they have charged AED 315 as membership fee. I was trying to call customer are to ask the explanation on this but more than 30 minutes I was listening their advertisement without answering anyone. Very poor customer care really. I'm going to cancel this card at very earliest.

Price
5/10
Features
5/10
Customer service
1/10
Trust
6/10
Less
Abduljaleel, Tasmania, reviewed 3 days ago
ANZ Credit Card
Overall 1/10
Stay Away

I’d strongly advise anyone thinking of doing business with ANZ to save your time and go elsewhere. I have banked with ANZ for well over 20 years but my last 2 experiences in trying to open new accounts and increase my credit card limit have been nothing short of appalling. Without going into the details of my situation their staff lack general knowledge of the situation they are dealing with and the customer service and wait time is beyond a joke. I will be moving all my business, loans & accounts away from this bank ASAP.

Read full review

I’d strongly advise anyone thinking of doing business with ANZ to save your time and go elsewhere. I have banked with ANZ for well over 20 years but my last 2 experiences in trying to open new accounts and increase my credit card limit have been nothing short of appalling. Without going into the details of my situation their staff lack general knowledge of the situation they are dealing with and the customer service and wait time is beyond a joke. I will be moving all my business, loans & accounts away from this bank ASAP.

Price
1/10
Features
1/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Levi, Queensland, reviewed 5 days ago
Virgin Money Virgin Australia Velocity Flyer Card - Bonus Points Offer
Overall 1/10
Slow to close account, quick to give late fees.

I stopped using the card and had like $10 owed. I thought I payed it off, but apparently I still owed like $2 because of interest, so they charged me a $30 late fee... which they also charged interest on. This was during the peak of the pandemic in Australia. I thought a $30 late fee over petty $2 during a global pandemic was a bit greedy. Resentfully I made the payment, which apparently only went to the account keeping fees, which meant I didn't pay the amount owed, so another $30 was due. I was so confused so I payed all the ridiculous fees plus the interest on their fees and the account fees and tried to close the account. But then they wouldn't let me close it because the account was in credit? Meanwhile they are charging me account keeping fees because they kept my account open. Anyway, I would have let this go... but I've just found out that the situation has totally destroyed my otherwise perfect credit score over the initial $2. BE VERY CAREFUL!

Read full review

I stopped using the card and had like $10 owed. I thought I payed it off, but apparently I still owed like $2 because of interest, so they charged me a $30 late fee... which they also charged interest on. This was during the peak of the pandemic in Australia. I thought a $30 late fee over petty $2 during a global pandemic was a bit greedy. Resentfully I made the payment, which apparently only went to the account keeping fees, which meant I didn't pay the amount owed, so another $30 was due. I was so confused so I payed all the ridiculous fees plus the interest on their fees and the account fees and tried to close the account. But then they wouldn't let me close it because the account was in credit? Meanwhile they are charging me account keeping fees because they kept my account open. Anyway, I would have let this go... but I've just found out that the situation has totally destroyed my otherwise perfect credit score over the initial $2. BE VERY CAREFUL!

Price
1/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Brodie, Queensland, reviewed 6 days ago

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