Best Low Interest Rate Credit Cards

If you occasionally carry a balance, a low rate credit card can save you hundreds in interest. These cards prioritise low purchase rates over flashy rewards, making them ideal for anyone who doesn't always pay their full balance each month.

1
Low Rate Credit Card

ANZ · Visa

$58/yr12.49% p.a.55 interest-free days

🎁 0% p.a. on purchases for 6 months

low interestcarrying a balance
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2
Low Rate Credit Card

CommBank · Mastercard

$59/yr12.99% p.a.55 interest-free days

🎁 0% p.a. on balance transfers for 12 months

low interestcarrying a balance
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3
Low Rate Credit Card

Westpac · Visa

$59/yr13.49% p.a.55 interest-free days
low interestcarrying a balance
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4
Low Rate Platinum

ANZ · Visa

$0/yr12.49% p.a.55 interest-free days

🎁 0% p.a. on purchases for 6 months

low ratenewcomers
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5
Low Rate Option

Westpac · Visa

$59/yr13.49% p.a.55 interest-free days

🎁 0% p.a. on balance transfers for 24 months

low ratebalance transfer
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6
Low Rate Credit Card

Bendigo Bank · Visa

$58/yr10.99% p.a.55 interest-free days
low ratesimplicity
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7
Low Rate Credit Card

Bank of Queensland · Visa

$55/yr11.69% p.a.55 interest-free days
low ratesimplicity
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8
Low Rate Visa

Great Southern Bank · Visa

$59/yr9.99% p.a.55 interest-free days
low rateethical banking
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9
Low Rate Visa Credit Card

Heritage Bank · Visa

$55/yr10.99% p.a.55 interest-free days
low ratecommunity banking
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10
Low Rate Visa

Bank of Queensland · Visa

$49/yr11.69% p.a.55 interest-free days
low interest
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11
Clear Options Low Rate

Suncorp · Visa

$59/yr12.49% p.a.55 interest-free days
low interest
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12
Low Rate Mastercard

Bendigo Bank · Mastercard

$58/yr11.99% p.a.55 interest-free days
low interestcommunity banking
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13
One Low Rate Mastercard

ING · Mastercard

$0/yr11.99% p.a.No FX fees55 interest-free days

🎁 0% on balance transfers for 15 months

no feeslow interestinternational travel
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14
Low Rate Visa

People First Credit Union · Visa

$40/yr10.49% p.a.55 interest-free days
ultra low interestcredit union
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15
Low Rate Visa

Greater Bank · Visa

$48/yr10.99% p.a.55 interest-free days
low interestmutual bank
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16
Low Rate Visa

Teachers Mutual Bank · Visa

$40/yr10.69% p.a.55 interest-free days
teacherslow interestethical banking
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17
Low Rate Visa

Qudos Bank · Visa

$50/yr9.99% p.a.55 interest-free days
ultra low interestairport workers
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18
Low Rate Visa

Credit Union SA · Visa

$39/yr10.49% p.a.55 interest-free days
low interestsouth australia
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19
Low Rate Visa

Beyond Bank · Visa

$45/yr10.99% p.a.55 interest-free days
ethical bankinglow interest
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20
Heroes Rate

Bankwest · Mastercard

$0/yr12.99% p.a.No FX fees55 interest-free days
essential workershealthcaredefence
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21
Low Rate Classic

ANZ · Visa

$58/yr12.49% p.a.55 interest-free days
low interestsimple
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22
Low Rate Visa Gold

Great Southern Bank · Visa

$49/yr10.99% p.a.55 interest-free days
low interest
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23
Low Rate Visa

Newcastle Permanent · Visa

$45/yr10.69% p.a.55 interest-free days
low interestnewcastle
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24
Low Rate Visa

Australian Unity · Visa

$49/yr10.99% p.a.55 interest-free days
low interestethical
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25
Low Rate Visa

Gateway Bank · Visa

$40/yr10.99% p.a.55 interest-free days
low interestsustainable banking
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26
Low Rate Visa

Defence Bank · Visa

$45/yr10.49% p.a.55 interest-free days
defence forcelow interest
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27
Low Rate Visa

Bank Australia · Visa

$49/yr10.99% p.a.55 interest-free days
ethical bankinglow interestclimate conscious
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28
Low Rate Visa

Police Bank · Visa

$45/yr9.99% p.a.55 interest-free days
policeemergency servicesultra low interest
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29
Low Rate Visa

Hume Bank · Visa

$39/yr10.69% p.a.55 interest-free days
low interestregional
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30
Low Rate Visa

Summerland Credit Union · Visa

$35/yr10.49% p.a.55 interest-free days
ultra low interest
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💡 Tips for Choosing a Low Interest Rate Credit Cards

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Information is general in nature and does not constitute financial advice. Product details may change — always verify with the provider. Last updated March 2026.