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Low interest credit card balance transfers
Credit card debt can be the nastiest debt to budge. Because of the convenience of purchasing with a credit card you can find the debt accumulating so quick, you barely even realise you’ve fallen behind on payments. If you have credit card debt on more than one card and are struggling to pay it off, you should compare low interest balance transfer cards.
Many credit card providers offer low interest balance transfer deals which are a reduced interest rate card for an introductory period when you transfer your debts from other cards onto the new account. The idea is to pay down as much of your debt as possible, if not all, during the introductory period because the credit card reverts to a higher rate later.
Attention! Balance transfers aren’t for the frivolous spender
Low interest balance transfers can be great for getting ahead of your credit card debt, but you have to be committed to paying off your debt to see the benefits. So ask yourself some important questions before you jump ship:
- How much debt have your accumulated?
- How much can you pay off each week?
- Can you have it all paid off in the introductory period and tighten your belt on spending during this time?
- How regularly will you use the card once you have paid off your existing debt?
Get started now by comparing low interest balance transfer credit cards at RateCity to find a deal that suits your repayment needs.
Disclaimer
This article is over two years old, last updated on February 24, 2010. While RateCity makes best efforts to update every important article regularly, the information in this piece may not be as relevant as it once was. Alternatively, please consider checking recent credit cards articles.
Compare credit cards
0.00%
for up to 9 months, then 20.99%
0%
55
$0
Australian Credit Licence 286655
Fees & charges apply
- Special
- Apple & Google Pay
- Balance transfer
- No annual fee
13.74%
21.99%
55
$58
Australian Credit Licence 234527
Fees & charges apply
- Special
- Apple, Google & Samsung Pay
- Balance transfer
- Low annual fee
27.49%
-
55
$0
Australian Credit Licence 392145
Fees & charges apply
- Special
- Apple, Google & Samsung Pay
- No annual fee
20.99%
21.99%
55
$375
Australian Credit Licence 234527
Fees & charges apply
- Bonus Points
- Apple, Google & Samsung Pay
- Balance transfer
Product database updated 28 Mar, 2024
Fact Checked
Promoted credit cards
Kogan Money Black Card
Apple & Google Pay
Balance transfer
No annual fee
Purchase rate p.a.
0.00%
for up to 9 months, then 20.99%
Annual fee
$0
Australian Credit Licence 286655
Product infoANZ Low Rate (Credit Back Offer)
Apple, Google & Samsung Pay
Balance transfer
Low annual fee
Purchase rate p.a.
13.74%
Annual fee
$58
Australian Credit Licence 234527
Product infoLatitude Financial Services Latitude 28º Global Platinum Mastercard
Apple, Google & Samsung Pay
No annual fee
Purchase rate p.a.
27.49%
Annual fee
$0
Australian Credit Licence 392145
Product infoANZ Rewards Black
Apple, Google & Samsung Pay
Balance transfer
Purchase rate p.a.
20.99%
Annual fee
$375
Australian Credit Licence 234527
Product infoProduct data updated on 28 Mar 2024