Low Interest Credit Cards
| Card | Interest Free |
Std Interest Rate |
| St.George 'Vertigo' Card | 55 days | 8.99% |
| Aussie | 55 days | 10.49% |
| HSBC | 55 days | 10.95% |
| Members Equity MasterCard | 55 days | 10.74% |
| GE Money | 55 days | 10.99% |
| Amex Gold"Low Rate" Card | 55 days | 11.99% |
| ANZ | 55 days | 12.24% |
| Wizard Clear Advantage | 55 days | 12.40% |
| Virgin Credit Card | 55 days | 12.99% |
| Westpac | 55 days | 15.70% |
You will notice all of the cards listed above offer a 55 day interest free period. The 55 day period generally starts from the statement date but you should check with the institution when applying for the low interest credit card.
Getting approved for a Low Interest Credit Card
There are a large number of low interest credit cards available on the market. Each card has its own unique set of approval criteria, but in general you will need:
- good credit rating
- be over 18 years old
- be a permanent resident of Australia
If you fit this criteria along with an income to cover any spending on the credit card you should not have a problem being approved for a low interest credit card.
Take a look at our article on low interest credit card to find the best card for you.