Banks offering low cost credit cards
Thursday August 14, 2008
Banks offer interest free days on purchases for many of their credit cards, which can lead to low overall costs when combined with low annual fees. Considering rising interest rates, it's important to find credit cards from banks that can offer access to credit cards as a convenient form of payment while not costing a tremendous amount to use.
Commonwealth Bank
The Commonwealth Bank Low Fee Card competes well with similar offerings from other banks by providing up to 55 days interest free on purchases and costing only $24 in annual fees. It has a purchase rate of 19.64% p.a. but if the interest free days are used correctly, interest charges can be avoided entirely.
NAB
NAB Visa Mini also offers a great deal on fees and interest free days compared to many other credit cards from banks. With up to 55 interest free days on purchases for $24 in annual fees, the NAB Visa Mini charges 19.74% p.a. in interest on both purchases and cash advances. This makes the NAB Visa Mini very good value if interest charges are avoided using the interest free days.
Please visit our dedicated page if you would like to compare credit cards from the banks.
News Archive
2012
2010
2009
- December [5]
- November [8]
- October [10]
- September [9]
- August [14]
- July [10]
- June [9]
- May [3]
- April [9]
- March [9]
- February [13]
- January [15]
2008
- December [39]
- November [48]
- October [78]
- September [45]
- August [39]
- July [62]
- June [30]
- May [42]
- April [30]
- March [50]
- February [25]
- January [33]