Compare Low Interest Credit Card Offers
Fizone offer a selection of featured low rate credit card offers for Australia. Are you paying over 20% p.a. for your current credit card? Do you want to transfer your current credit card balance to a lower rate? Are you looking for a shopping rewards or frequent flyer program? Maybe you hate paying excess, with a high annual fee? If you answered yes to any of these questions, then it maybe time to get a better credit card deal. Before applying for any credit card offer Fizone recommends to seek the guidance of a financial professional.
Low Interest Credit Card Guide
Low rate credit cards typically come with an interest rate of less that 15%p.a. Each of the major banks and lending institutions now provide at least one credit card offer that comes with an interest rate below the 15%p.a. mark. Australian credit card consumers have become savvy to high rates and fees, banks are starting to take note by providing credit cards that come with lower interest rates, annual fees and charges. Credit card interest rates are forever changing, depending on the current economic environment. In other words your credit card interest rate comes with a variable interest rate as opposed to a fixed rate, meaning banks can change credit card interest rates according to what they constitute, as fair and reasonable. Always check your current credit card balance statement to confirm your interest rate on repayments.
How to Find the Best Low Interest Credit Cards
Research, research and more research. That is the answer to finding to cheapest low interest credit card on the market. There are many online tools that allow you to compare a majority of low rate credit cards on the market today. Choosing a new credit card offer is the same as buying a new car. When searching for a new car you do not go and pay for the first thing you see, people research online, newspaper ads and go into car yards to search and compare as many cars as possible. The same goes for credit cards, there are many avenues you can use to get the best low interest credit card for you. research online, call the banks and ask to speak to someone about new credit card offers or you can even seek to help of a professional financial advisor. Either way you can potentially save yourself a lot of money and headache with putting in the time to find the right credit card deal.
Balance Transfer to a Lower Interest Credit Card
Credit Card balance transfers allow you to pay off your current credit card balance with at a rate normally between zero percent and 4.99 percent, for a period ranging from 6 to 12 months or more. This gives you the chance to save hundreds on interest rate repayments. Not only can you save with paying off your current debt within the allowed transfer period, you also have the chance to save by selecting a new credit card with a lower rate of interest. There are many balance transfer credit card offers that come with an interest rate on purchases starting from as low as 11 to 12 percent per annum. If you are currently paying an interest rate on purchases of 20 percent or over, a balance transfer to a lower rate credit card may be the answer for you. Click here to compare our range of balance transfer credit cards. Hint! Use the up and down arrows under the purchase rate of interest column to list the balance transfer credit cards from the lowest rate to the highest.
