Good money management is all about reducing the potential for debt to go up, and consumers are looking at low interest credit cards as a practical way to do that. Granted, most people tend to treat credit cards as a line of credit (not the best way to use them, certainly) instead of an alternative option for funding a purchase. Due to this choice, interest begins to add up – which is the reason that low interest credit cards are very useful. More…
For those who shop too much, or must have a credit card for absolute emergencies on occasion, a low interest credit card may sound like a dream come true – and maybe it is. Comfort will come in the knowledge that your purchase is not costing you a lot of money, interest-wise. However, think before you begin to fill out that application.
There are plenty of pros and cons to low interest credit cards, so check them out thoroughly first, and ensure that you have found one that fits you the best. Take the time to do some comparing – it will be worth it in the end!
With the BoQ Low Rate Visa Card you get a 13.49% pa Interest Rate.
With the BoQ Low Rate Visa Card you get a Balance Transfer Rate of 1.90% pa for 6 months then any outstanding transferred balance will revert to Cash Advance Rate.
With the BoQ Low Rate Visa Card you get a 21.49% pa Cash Advance Rate.
With the BoQ Low Rate Visa Card you get up to 55 Interest Free days.
With the Citibank Clear Platinum Card you get a 11.99% pa Interest Rate.
With the Citibank Clear Platinum Card you get a Balance Transfer Rate of 2.90% pa for 12 months then any outstanding transferred balance will revert to Cash Advance Rate.
With the Citibank Clear Platinum Card you get a 21.74% pa Cash Advance Rate.
With the Citibank Clear Platinum Card you get up to 55 Interest Free days.
The Citibank Clear Platinum Card has an Introductory Annual Fee of $49 for the 1st year then $99 thereafter.
These minimum requirements are intended as a guide only. Your application may still be rejected by the card issuer even if you can answer 'Yes' to all of these requirements. The final decision regarding your application is solely up to the card issuer.
