RateCity.com.au
Advertisement

Low interest credit cards


RateCity Staff

By RateCity Staff

1 min read

Credit card companies know that numbers get your attention. This is why institutions with a low interest credit card rate are always proud to advertise it in big fonts, using slogans such as “0% on balance transfers” and “low ongoing fees”. But before you rush to transfer your existing credit card balance to the shiny new one, it might help to read the small font.

Is there a transaction fee on balance transfers?

You may find that even if the introduction rate on your balance transfers is 0% for the first 6 months, a 2% transaction fee on a $5000 transfer will cost you $100.

Make sure you qualify for the rate, and know what the conditions are. Many low interest credit card holders find that one late payment could make the rate jump higher than premium cards.

Ratecity.com.au can help you find the best low rate credit cards in the market, to get started check out our low rate credit card comparison tool. 

Advertisement

Contact a Broker

A broker will compare hundreds of home loans to help find the right deal for you, at no cost.

By submitting this form, I accept Loan Market's terms and conditions, privacy policy and Collection Statement for this service.

Yes, I'd like to get email updates from RateCity

Submit your details now and a local expert will be in touch within a few business hours. They'll compare hundreds of home loans from up to 20 lenders including the big banks to find the loan that's right for you. Book your free appointment today.

Loan Market Pty LTD | Australian Credit License 390222 ABN 89 105 230 019

Compare your product with the big 4 banks, or add more products to compare
Advertisement