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Low Interest Credit Cards

Are you looking for a credit card with a low ongoing interest rate for your everyday purchases? By reducing the amount of interest you pay on your card each month, you could pay off your balance sooner. Find a competitive low interest rate credit card today.

Need a little more time to pay off your card? Take back control with a balance transfer credit card and give yourself a little more breathing room. A 0% balance transfer credit card lets you transfer your debt to a new card and helps you save money on interest charges with 0% interest offers for up to 22 months. Find out how much you could save by comparing our top balance transfer offers now.

Bank
Essential Features
Card Type
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

Balance Transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

Bank of Melbourne Vertigo Card

Bank of Melbourne Vertigo Card
Balance Transfer credit card
0% Purchase credit card
No Annual Fee credit card
Low Interest credit card

Bank of Melbourne Vertigo Card

Save on interest with 0% p.a. on new purchases for up to 7 months or take advantage of 0% p.a. on balance transfers for up to 22 months with Bank of Melbourne's Vertigo credit card (1.5% balance transfer fee applies). With no annual fee for the first year and a low 13.99% p.a. interest rate on purchases with a 55 day interest free period, this is a good option for those looking for a low-cost every-day card.
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

0% for
7 months
reverts to
13.99% p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

0% for
22 months
reverts to
21.49% p.a.
1.5% transfer fee
Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$0
first year
then $55 p.a.

Bank SA Vertigo Card

Bank SA Vertigo Card
Balance Transfer credit card
0% Purchase credit card
No Annual Fee credit card
Low Interest credit card

Bank SA Vertigo Card

Save on interest with 0% p.a. on new purchases for up to 7 months or take advantage of 0% p.a. on balance transfers for up to 22 months with Bank SA's Vertigo credit card (1.5% balance transfer fee applies). With no annual fee for the first year and a low 13.99% p.a. interest rate on purchases with a 55 day interest free period, this is a good option for those looking for a low-cost every-day card.
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

0% for
7 months
reverts to
13.99% p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

0% for
22 months
reverts to
21.49% p.a.
1.5% transfer fee
Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$0
first year
then $55 p.a.

Bankwest Breeze Classic Mastercard®

Bankwest Breeze Classic Mastercard®
Balance Transfer credit card
0% Purchase credit card
Low Interest credit card

Bankwest Breeze Classic Mastercard®

Bankwest's lowest ongoing purchase rate offer with 0% p.a. on purchases for 15 months, plus 2.99% on balance transfers for up to 9 months. (0% transfer fee)
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

0% for
15 months
reverts to
12.99% p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

2.99% for
9 months
reverts to
12.99% p.a.
Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$79
p.a.

Bankwest Breeze Platinum Mastercard®

Bankwest Breeze Platinum Mastercard®
Balance Transfer credit card
0% Purchase credit card
Low Interest credit card

Bankwest Breeze Platinum Mastercard®

Shop overseas and save with no foreign transaction fees. This card matches Bankwest's great purchase offer with 0% p.a. on purchases for up to 15 months and also offers 2.99% on balance transfers for up to 9 months with no balance transfer fee. Offer includes complimentary overseas travel insurance.
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

0% for
15 months
reverts to
12.99% p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

2.99% for
9 months
reverts to
12.99% p.a.
Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$99
p.a.

NAB Low Rate Card

NAB Low Rate Card
Balance Transfer credit card
0% Purchase credit card
Low Interest credit card

NAB Low Rate Card

Pay 0% Interest on either balance transfer or purchases for up to 6 months with NAB's Low Rate credit card. Includes a low annual fee of $59 and a great ongoing 12.99% p.a. purchase rate.
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

0% for
6 months
reverts to
12.99% p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

0% for
6 months
reverts to
21.74% p.a.
2% transfer fee
Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$59
p.a.

St.George Vertigo Card

St.George Vertigo Card
Balance Transfer credit card
0% Purchase credit card
No Annual Fee credit card
Low Interest credit card

St.George Vertigo Card

Save on interest with 0% p.a. on new purchases for up to 7 months or take advantage of 0% p.a. on balance transfers for up to 22 months with St.George's Vertigo credit card (1.5% balance transfer fee applies). With no annual fee for the first year and a low 13.99% p.a. interest rate on purchases with a 55 day interest free period, this is a good option for those looking for a low-cost every-day card.
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

0% for
7 months
reverts to
13.99% p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

0% for
22 months
reverts to
21.49% p.a.
1.5% transfer fee
Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$0
first year
then $55 p.a.

American Express Low Rate

American Express Low Rate
No Annual Fee credit card
Low Interest credit card

American Express Low Rate

American Express's lowest rate credit card with 8.99% p.a. on purchases and up to 55 days interest free. Save with no annual fee for the life of the card.
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

8.99%
p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$0
p.a.

Latitude Low Rate Mastercard

Latitude Low Rate Mastercard
Low Interest credit card

Latitude Low Rate Mastercard

Purchase with confidence with Latitude's low 9.89% p.a. purchase rate and included purchase insurance. Save with a competitive $69 annual fee.
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

9.89%
p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$69
p.a.

Commonwealth Bank Essentials Credit Card

Commonwealth Bank Essentials Credit Card
Low Interest credit card

Commonwealth Bank Essentials Credit Card

Essentials credit card with no frills and a low 9.9% purchase rate
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

9.9%
p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$60
$5 monthly fee. Card offers reduce $2 monthly fee when you set up automatic payments
p.a.

Westpac Lite Card

Westpac Lite Card
Offer ends 5 Aug 2020
Low Interest credit card

Westpac Lite Card

Great overseas shopping card with no international transaction fees on purchases.
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

9.9%
p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$59
$9 monthly fee
p.a.

ING Orange One

ING Orange One
No Annual Fee credit card
Low Interest credit card

ING Orange One

Already, or looking to become, an ING banking customer? Save with ING's no annual fee, low purchase rate credit card. Deposit $1000 in to an ING account (excl Living Super & Orange One) and make 5 or more purchases monthly, to receive 100% rebates for your international transaction and ATM fees.
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

11.99%
p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$0
p.a.

ME Bank Frank Credit Card

ME Bank Frank Credit Card
No Annual Fee credit card
Low Interest credit card

ME Bank Frank Credit Card

ME Bank's best and only credit card. With a $0 annual fee, 55 day interest free period and a low 11.99% variable purchase rate, this card is a great option for those looking to access the benefits of a credit card without the ongoing fees.
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

11.99%
p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$0
p.a.

Virgin Australia Low Rate Card

Virgin Australia Low Rate Card
Balance Transfer credit card
Low Interest credit card

Virgin Australia Low Rate Card

Low ongoing variable purchase rate of 11.99% p.a. and 0% p.a. for 18 months on balance transfers with a 2% balance transfer fee.
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

11.99%
p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

0% for
18 months
reverts to
21.69% p.a.
2% transfer fee
Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$99
p.a.

ANZ Low Rate

ANZ Low Rate
Balance Transfer credit card
No Annual Fee credit card
Low Interest credit card

ANZ Low Rate

A credit card with a low ongoing interest rate for your everyday purchases. Includes 0% p.a. for 22 months on Balance Transfers with a 1.5% Balance Transfer fee. Reverts to standard balance transfer rate. T&Cs, eligibility criteria, fees and charges apply.
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

12.49%
p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

0% for
22 months
reverts to
20.24% p.a.
1.5% transfer fee
Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$0
first year
then $57 p.a.

Coles Low Rate Mastercard

Coles Low Rate Mastercard
Offer ends 31 Aug 2020
Frequent Flyer credit card
Rewards credit card
Balance Transfer credit card
Low Interest credit card

Coles Low Rate Mastercard

Save on Balance Transfers with 0% interest for up to 6 months and no balance transfer free. Offer includes Coles's lowest interest rate on purchases of 12.99%. Note: No interest free days apply while you have a balance transfer.
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

12.99%
p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

0% for
6 months
reverts to
19.99% p.a.
Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$58
p.a.

Commonwealth Bank Low Rate Credit Card

Commonwealth Bank Low Rate Credit Card
Offer ends 28 Oct 2020
Balance Transfer credit card
Low Interest credit card

Commonwealth Bank Low Rate Credit Card

Get $200 cashback when you apply for a new Low Rate credit card by 28 October 2020 and spend $1,000 on eligible purchases using your new card by 31 January 2021. Transfer existing debt with a low 5.99% on balance transfers for 5 months. Offers a low $500 credit limit.
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

13.24%
p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

5.99% for
5 months
reverts to
21.24% p.a.
Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$59
p.a.

Commonwealth Bank Low Rate Gold Credit Card

Commonwealth Bank Low Rate Gold Credit Card
Offer ends 28 Oct 2020
Balance Transfer credit card
Low Interest credit card

Commonwealth Bank Low Rate Gold Credit Card

Receive $200 cashback when you apply for a new Low Rate Gold credit card by 28 October 2020 and spend $1,000 on eligible purchases using your new card by 31 January 2021. Offer includes:
  • Travel Insurance
  • Low 13.24% p.a. purchase rate
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

13.24%
p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

5.99% for
5 months
reverts to
21.24% p.a.
Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$89
p.a.

Westpac Low Rate Card

Westpac Low Rate Card
Offer ends 5 Aug 2020
Balance Transfer credit card
Low Interest credit card

Westpac Low Rate Card

Pay no interest for up to 16 months on balance transfers requested when you apply for the card and save with No balance transfer fee and a low $59 annual fee. After 16 months the rate will revert to the variable cash advance rate. Credit criteria, fees and charges apply.
Purchase Rate

A purchase rate is the standard interest rate that applies to purchases on the card. A promotional purchase rate may apply to purchases for a set period of time. After the promotional period ends, the interest rate will revert to the purchase rate indicated and standard interest-free period of the card. Some balance transfer cards may charge interest on the entire balance if a new purchase is made.

13.74%
p.a.
Balance transfer

The balance transfer offer refers to the interest rate applied to the balance transfer amount for a set period of time. Other transactions are subject to the purchase rate. Offers may include a balance transfer fee and are generally only available when transferring from a different credit card provider. Click here for a list of banks and restrictions.

0% for
16 months
reverts to
21.49% p.a.
Annual Fee

An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years. No other fees have been included.

$59
p.a.
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