Best Credit Card Interest Rates Australia

There s a 129 annual fee and an introductory interest free period of 14 months. Best low interest credit cards by interest rate and annual fee g c mutual bank low rate visa 7 49 purchase interest rate 50 annual fee.

Previously you must understand the background of Credit and get some Best credit card interest rates australia references in other articles on this website.

So the lowest interest rate card can vary depending on when you re comparing cards.

Best credit card interest rates australia. 5 american express westpac altitude platinum bundle. This period depends on the card and varies between 6 and 15 months. Top velocity frequent flyer credit card.

The interest rate the card charges on purchases and other transactions is one important potential cost particularly if you don t pay off the card s balance in full each month. American express low rate 8 99 purchase interest rate 0 annual fee. How to get a low credit card interest rate.

This is based on personal credit cards on canstar s database. As of 11 december 2020 the lowest credit card interest rate in australia is 5 95 p a. Low fee and no annual fee cards have interest rates that typically range from 8 99 p a.

6 american. This card comes with a 20 74 per cent pa interest rate and up to 44 days interest free. Auswide bank low rate 8 20 purchase interest rate 50 annual fee.

The card s annual fee can also play a part. 0 foreign transaction fee. For example even the best travel credit cards often charge higher rates than basic low interest credit cards.

Find card rates as low as zero and. Generally the lower the interest rate the less the card is likely to cost you in interest. Up to 21 99 p a.

Always find out the interest rate your card will revert to when your interest free period is up. However credit card interest rates are variable which means they can change regularly. Look at other features.

For westpac altitude platinum mastercard 150 for. The best credit card is the one that suits your needs. Promotional interest rates some australian credit cards have a promotional period where they offer 0 interest rates on purchases for that specified period of time.

This will help you find a card with a mix of low cost features that work for you. One of infochoice s best velocity frequent flyer credit cards is the virgin australia velocity flyer card. On the greater bank visa credit card.

3 qantas premier platinum credit card 4 bankwest zero platinum mastercard. Make sure you weigh up the potential savings you ll get from the annual fee versus interest charges if you carry a balance. According to canstar research as at 21 april 2020 the average non rewards credit card purchase rate on our database is 13 76 while the highest is 24 99.

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