Low interest credit cards
If you sometimes carry a balance from month to month, a low interest card keeps the cost of that balance down with a low ongoing purchase rate.
- Low ongoing rate on balances you carry
- Predictable, easy-to-manage costs
- Usually low or modest annual fees
Featured
Latitude Low Rate Mastercard - Balance Transfer Offer
0 reviews
- 0% p.a. on balance transfers for the first 24 months
- 3% back in Latitude Rewards
You may have seen us in
How much does it cost to carry a balance?
Enter your typical monthly carry balance to see the estimated interest cost for each card below.
95 cards
| Card | Name and rating | Purchase rate | Interest-free days | Annual fee | Monthly cost | |
|---|---|---|---|---|---|---|
| 13.99% p.a. | Up to 55 | $69 | $17/mo | ||
 | ANZ Low Rate - Credit Back Offer 0 reviews | 13.74% p.a. | Up to 55 | $58 | $17/mo | |
 | Westpac Low Rate Card 0 reviews | 13.74% p.a. | Up to 55 | $59 | $17/mo | |
 | Bankwest Breeze Platinum Mastercard 0 reviews | 12.99% p.a. | Up to 55 | $59 | $16/mo | |
 | 13.49% p.a. | Up to 55 | $0 | $17/mo | ||
 | NAB Low Rate Credit Card 0 reviews | 13.49% p.a. | Up to 55 | $0 | $17/mo | |
 | NAB Low Rate - Cashback Offer 0 reviews | 13.49% p.a. | Up to 55 | $99 | $17/mo | |
 | Bankwest Breeze Classic Mastercard 0 reviews | 12.99% p.a. | Up to 55 | $49 | $16/mo | |
 | St.George Vertigo Card 0 reviews | 13.99% p.a. | Up to 55 | $55 | $17/mo | |
 | 12.49% p.a. | Up to 50 | $0 | $16/mo | ||
 | ANZ Low Rate 0 reviews | 13.74% p.a. | Up to 55 | $0 | $17/mo | |
 | 13.74% p.a. | Up to 55 | $59 | $17/mo | ||
 | 13.99% p.a. | Up to 55 | $55 | $17/mo | ||
 | 10.49% p.a. | Up to 45 | $48 | $13/mo | ||
 | HSBC Low Rate Credit Card 0 reviews | 12.99% p.a. | Up to 55 | $99 | $16/mo | |
 | Coles Low Rate Mastercard 0 reviews | 13.49% p.a. | Up to 55 | $58 | $17/mo | |
 | Westpac Lite Card 0 reviews | 9.90% p.a. | Up to 45 | $108 | $12/mo | |
 | Bendigo Bank Bright Credit Card 0 reviews | 11.99% p.a. | Up to 55 | $59 | $15/mo | |
 | 13.99% p.a. | Up to 55 | $55 | $17/mo | ||
 | National Seniors Credit Card 0 reviews | 8.99% p.a. | Up to 55 | $50 | $11/mo |
- Purchase rate
- 13.99% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $69
- Monthly cost
- $17/mo
ANZ Low Rate - Credit Back Offer
0 reviews
- Purchase rate
- 13.74% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $58
- Monthly cost
- $17/mo
Westpac Low Rate Card
0 reviews
- Purchase rate
- 13.74% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $59
- Monthly cost
- $17/mo
Bankwest Breeze Platinum Mastercard
0 reviews
- Purchase rate
- 12.99% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $59
- Monthly cost
- $16/mo
- Purchase rate
- 13.49% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $0
- Monthly cost
- $17/mo
NAB Low Rate Credit Card
0 reviews
- Purchase rate
- 13.49% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $0
- Monthly cost
- $17/mo
NAB Low Rate - Cashback Offer
0 reviews
- Purchase rate
- 13.49% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $99
- Monthly cost
- $17/mo
Bankwest Breeze Classic Mastercard
0 reviews
- Purchase rate
- 12.99% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $49
- Monthly cost
- $16/mo
St.George Vertigo Card
0 reviews
- Purchase rate
- 13.99% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $55
- Monthly cost
- $17/mo
- Purchase rate
- 12.49% p.a.
- Interest-free days
- Up to 50
- Annual fee
- $0
- Monthly cost
- $16/mo
ANZ Low Rate
0 reviews
- Purchase rate
- 13.74% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $0
- Monthly cost
- $17/mo
- Purchase rate
- 13.74% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $59
- Monthly cost
- $17/mo
- Purchase rate
- 13.99% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $55
- Monthly cost
- $17/mo
- Purchase rate
- 10.49% p.a.
- Interest-free days
- Up to 45
- Annual fee
- $48
- Monthly cost
- $13/mo
HSBC Low Rate Credit Card
0 reviews
- Purchase rate
- 12.99% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $99
- Monthly cost
- $16/mo
Coles Low Rate Mastercard
0 reviews
- Purchase rate
- 13.49% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $58
- Monthly cost
- $17/mo
Westpac Lite Card
0 reviews
- Purchase rate
- 9.90% p.a.
- Interest-free days
- Up to 45
- Annual fee
- $108
- Monthly cost
- $12/mo
Bendigo Bank Bright Credit Card
0 reviews
- Purchase rate
- 11.99% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $59
- Monthly cost
- $15/mo
- Purchase rate
- 13.99% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $55
- Monthly cost
- $17/mo
National Seniors Credit Card
0 reviews
- Purchase rate
- 8.99% p.a.
- Interest-free days
- Up to 55
- Annual fee
- $50
- Monthly cost
- $11/mo
Low interest by the numbers
95
Cards compared
11.81% p.a.
Average purchase rate
2.99% p.a.
Lowest purchase rate
$47
Average annual fee
How much interest could you save?
$
Save ~$510
Carrying $3,000 for 12 months at this category's lowest rate (2.99% vs a typical 19.99%). Average rate here is 11.81%.
When a low rate beats rewards
Rewards points are only worth chasing if you pay your balance in full. The moment you carry a balance, interest usually erases the value of any points, so a low rate matters far more than an earn rate.
If you're carrying existing debt right now, a balance transfer card can give you a 0% runway to clear it before you settle into a low-rate card for the long term.
Low interest credit card FAQs
A low ongoing rate helps if you carry a balance. If you always pay in full, interest-free days matter more than the rate.