Low Interest Rate Credit Card Deals for July
| Credit Card | Purchase Rate | Balance
Transfer |
Interest Free | Reward Points | Card Fee | |
|---|---|---|---|---|---|---|
| ANZ Low Rate MasterCard - 3 FREE cards at no extra cost. | ||||||
 |
4.9% p.a (for first 12 months) |
% p.a N/A |
Up to 55 days | N/A | $58 |   |
| Aussie MasterCard - 9.99% p.a. on purchases for the 1st 12 months. Reverts to a great low rate on purchases, now just 11.49% p.a. | ||||||
 |
9.99% p.a (for first 12 months) |
4.99% p.a (for first 12 months) |
Up to 55 days | N/A | $49 | |
| Bankwest Lite MasterCard - Up to 3 additional cardholders - FREE! | ||||||
 |
9.99% p.a |
4.99% p.a (for first 15 months) |
Up to 55 days | RewardMe Points | $59 | |
| St George Vertigo MasterCard - Instant discounts and added extras with St.George Instant Benefits. Receive a complimentary additional card for your friends or family. | ||||||
 |
10.99% p.a |
0% p.a (for first 6 months) |
Up to 55 days | St.George Instant Benefits | $55 | |
| BankSA Vertigo MasterCard - Instant discounts and added extras with BankSA Instant Benefits. Receive a complimentary additional card for your friends or family. | ||||||
 |
10.99% p.a |
0% p.a (for first 6 months) |
Up to 55 days | BankSA Instant Benefits | $55 | |
| Citibank Clear Platinum Credit Card - | ||||||
 |
10.99% p.a |
0% p.a (for first 6 months) |
Up to 55 days | Citibank World Privileges | $85 | |
| Citibank Clear - At last a credit card that gives you a low interest rate of 0% on balance transfers for 6 monthsØ and a low ongoing interest rate. So take advantage of this low rate now | ||||||
 |
12.49% p.a |
2.9% p.a (for first 6 months) |
Up to 55 days | N/A | $65 | |
| ANZ Balance Credit Card - Get the new ANZ Balance Visa and choose how you would like to be rewarded - Cashback, Shopping Vouchers or Gift Cards. Earn Reward Points every time you make a repayment. | ||||||
 |
12.74% p.a |
0% p.a (for the first 6 months) |
Up to 55 days | 1 Reward Point for every $1 you repay to your balance | $79 | |
| St George Platinum Visa - Personal Concierge Service, Overseas travel, transit accident, purchase cover, extended warranty insurance | ||||||
 |
14.25% p.a |
3.99% p.a (for the first 6 months) |
Up to 55 days | Exclusive Platinum card programs offered by Visa and MasterCard | $89 | |
| BankSA Platinum Visa - Personal Concierge Service, Overseas travel, transit accident, purchase cover, extended warranty insurance | ||||||
 |
14.25% p.a |
3.99% p.a (for the first 6 months) |
Up to 55 days | Exclusive Platinum card programs offered by Visa and MasterCard | $89 | |
| ANZ First CreditCard - ANZ First - $0 annual account fee for the first 12 months then $30. Low balance transfer for the first 12 months. | ||||||
 |
17.49% p.a |
7.99% p.a (for first 6 months) |
Up to 44 days | N/A | FREE | |
| ANZ Visa Gold Credit Card - Up to nine additional cardholders at no extra cost. 7.99% on balance transfers for 6 months | ||||||
 |
17.49% p.a |
7.99% p.a (for first 6 months) |
Up to 55 days | N/A | $87 | |
| ANZ Visa Rewards Card - 0% 1st 6 months / 2.9% 12 months | ||||||
 |
17.99% p.a |
% p.a N/A |
Up to 44 days | $1.5 = 1 Point | $48 | |
| Woolworths Everyday Money Credit Card - Up to 3 points per $1 spent on purchases and earn a shopping card every 4 months | ||||||
 |
17.99% p.a |
5.99% p.a (for first 6 months) |
Up to 55 days | Up to 3 reward points per dollar spent | FREE (for the first year) |
|
| HSBC Gold Credit Card - $0 annual fee for the first year and then only $89 p.a. | ||||||
 |
17.99% p.a |
5.99% p.a (for first 6 months) |
Up to 45 days | Earn points for every dollar you spend on purchases | FREE (For the first year) |
|
| Commonwealth Bank Low Fee Card - 4.99% for 9 months on all purchases for current Commonwealth Bank customers. No annual fee for Commonwealth Bank customers when they spend $1,000 a year on the card. | ||||||
 |
18.49% p.a (4.99% for 9 months for Commonwealth Bank customers) |
5.99% p.a (for first 5 months) |
Up to 55 days | N/A | $24 | |
| Commonwealth Bank Awards Card - 4.99% for 9 months on all purchases for current Commonwealth Bank customers. Commonwealth Awards program - rewards program offering everything from cash back to DJs vouchers to blenders to magazine subscriptions to travel with over 400 different airlines around the world. | ||||||
 |
18.99% p.a (4.99% for 9 months for Commonwealth Bank customers) |
5.99% p.a (for first 5 months) |
Up to 55 days | $1 = 1 point | $59 | |
| Commonwealth Bank Gold Card - 4.99% for 9 months on all purchases for current Commonwealth Bank customers. Free international travel insurance (up to 3 months), Free transit accident insurance, Commission-free travellers cheques, Your Global Connection (premium integrated travel services). | ||||||
 |
18.99% p.a (4.99% for 9 months for Commonwealth Bank customers) |
5.99% p.a (for first 5 months) |
Up to 55 days | $1 = 1 point | $114 | |
| Commonwealth Bank Platinum Card - 4.99% for 9 months on all purchases for current Commonwealth Bank customers. Complimentary international travel insurance (up to 12 months), Interstate flight inconvenience insurance, Transit accident insurance, Commission-free travellers cheques, Companion airfare deal. | ||||||
 |
18.99% p.a (4.99% for 9 months for Commonwealth Bank customers) |
5.99% p.a (for first 5 months) |
Up to 55 days | $1 = 1 point | $200 | |
| Citibank BP MasterCard - 5% off your petrol and everything else you buy at BP^. 0.5% off everything else you buy anywhere†| ||||||
 |
19.89% p.a |
2.9% p.a (for first 12 months) |
N/A | 5% off your petrol and everything else you buy at BP^. 0.5% off everything else you buy anywhere†| $79 | |
| American Express Gold Ascent Credit Card - Boost your points - Pay an $80 annual fee and you'll double your points with 1 point for every dollar spent. | ||||||
 |
19.99% p.a |
% p.a N/A |
Up to 44 days | $2 spent = 1 Membership Rewards | FREE | |
| Qantas American Express Premium Card - Two Qantas Club invitations² after your first Card spend every year in Australia on selected Qantas services³. Automatic monthly transfer of your points to your Qantas Frequent Flyer account. | ||||||
 |
19.99% p.a |
% p.a |
Up to 44 days | Up to 2.25 points per $1 spent | $249 | |
| American Express Blue Sky Credit Card - With Blue Sky from American Express you get a built in rewards program that offers you unlimited travel choices, 365 days a year. Just spin the globe, plan your course and use Blue Sky points to get you there. Together with no annual fee and complimentary travel insurance4, it’s a card you can’t go wrong with. | ||||||
 |
19.99% p.a |
% p.a |
Up to 55 days | $1 = 1 Point BlueSky Rewards | FREE | |
| AMEX Business Accelerator Credit Card - You’ll earn 2 Membership Rewards points for every $1 spent up to $150,000 - reverting to 1 point for $1 thereafter (reset annually)¹. These points are not capped and will not expire as long as your account remains current. | ||||||
 |
19.99% p.a |
% p.a N/A |
Up to 55 days | 2 Membership Rewards points for every $1 spent | $160 | |
| AMEX Platinum MoneyBack Credit Card - Use your American Express Platinum MoneyBack Credit Card almost anywhere, and you'll earn 5% of your MoneyBack for the first 3 months up to $300 for the first $6000 you spend. | ||||||
 |
19.99% p.a |
% p.a |
Up to 44 days | 1% MoneyBack on all purchases. 5% MoneyBack in first 3 mths Card membership (up to $300 MoneyBack). | $99 | |
| AMEX Platinum Credit Card - One Qantas domestic Economy return flight every year to selected capital cities in Australia. | ||||||
 |
19.99% p.a |
% p.a |
Up to 55 days | $1 spent = up to 1.5 points | $395 | |
| Citibank Gold Card - Free international travel insurance for you and your family. Free 1-for-1 rewards program including Qantas Frequent Flyer. | ||||||
 |
19.99% p.a |
2.9% p.a (for first 12 months) |
Up to 55 days | $1 = 1 Point | $119 | |
| Citibank Silver Card - Personalised 1-for-1 rewards program. Free international travel insurance. | ||||||
 |
19.99% p.a |
2.9% p.a (for first 12 months) |
Up to 55 days | $1 = 1 Point | $69 | |
| Citibank Platinum Credit Card - Credit limit up to $100,000. Personal 24hr concierge service. Free international travel insurance. | ||||||
 |
19.99% p.a |
2.9% p.a (for first 12 months) |
Up to 55 days | FREE personalised 1-for-1 rewards program | $250 | |
| Emirates Citi Platinum Card - | ||||||
 |
19.99% p.a |
4.9% p.a (Remains Ongoing Balance Transfer) |
Up to 55 days | $1 = 1.5 Skywards Miles | $199 | |
| CitiBusiness Gold Card - | ||||||
 |
19.99% p.a |
7.99% p.a (for first 6 months) |
Up to 55 days | $1 = 1.5 points | $130 | |
Australian Finance News
International Kangaroo Bond Issuers Find Australian Debt Market Increasingly Expensive
International issuers from Asia, Europe and the US are finding the costs of issuing Australian dollar denominated debt known as "kangaroo bonds" are rising as a result of having to compete against Triple A rated sovereign guaranteed debt being issued by domestic Australian banks.
>> Read the full story
Westpac Expects Further Pressure On Loan Portfolio
Australian banking major Westpac Banking Corporation has said that it expects to see further pressure on its consumer loan book as rising unemployment takes its toll and causes credit impairments to rise.
>> Read the full story