Low Interest Credit Cards

Featured Low Interest Credit Card: St. George Vertigo Mastercard

Jonathan — Wed, 09 Dec 2009 16:37:21 +0000

The St. George Vertigo Credit Card has a sort of funny name, especially since it conspicuously lacks the dizzyingly high interest rates and annual fees that are par for the course for many similar credit cards these days. In fact, the St. George Vertigo MasterCard won the 2009 Best of the Best Award from Money Magazine for boasting one of the lowest retail purchase interest rates in the nation. Not bad.

Highlights of St. George Vertigo MasterCard

Low interest rate for purchases at 2.99% for 6 months (with a revert rate after 6 months of 11.74% p.a.) (variable)
2.99% interest rate for balance transfers for up to 6 months
$55 annual fee
55 days interest free on purchases
Ability to link your St. George account

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CUA Gold Rewards Mastercard

Jonathan — Sat, 28 Nov 2009 13:56:58 +0000

Whether you are a traveler booking a flight or a customer interested in consolidating their debt, the CUA Gold Rewards MasterCard from Credit Union Australia is a versatile card suited for many needs. It offers sound protection against theft or damage and you can get points to use one a number of great and affordable stays hotels.

CUA Gold Rewards MasterCard Overview

The CUA Gold Rewards MasterCard is a good, solid card for any frequent traveler. It offers its customers a credit limit of up to $25,000, all with a low rate of only 17.99% interest. That is much cheaper than many travel cards. Once you add the modest annual fee of $99, you’ve got a real catch going on here.

One feature that is sure to make any traveler happy is the complimentary international travel insurance and purchase coverage. This insurance reimburses you if you have any trouble out there in the world such as a canceled flight, lost or stolen luggage, or even mishaps with purchased items.

Besides traveling around the world, the card is also ideal for debt consolidation. It comes with a 2.9% interest rate on balance transfers for the first 9 months, which is head and shoulders above what other cards offer. This gives you plenty of time to get that debt paid off at a reasonable rate.

Rewards programs are always important to the serious traveler. With the CUA Gold Rewards MasterCard you can earn 1 point for every $1 spent on purchases. These points can be used on frequent flyer miles, discounts at hotels and restaurants, and even on gifts. To make it even better, you receive 4 free supplemental cards for other members of the family so the rewards can be generated even faster.

In Summary: What makes the CUA Gold Rewards MasterCard unique is that it is a very affordable card for the seasoned traveler without slacking on the rewards. And if you have a lingering debt on other cards, the transfer balance rate makes this card a superb choice for getting rid of previous balances.

Commonwealth Bank Platinum Card

Jonathan — Sat, 28 Nov 2009 13:56:34 +0000

Australians looking for two credit cards for the price of one can find a deal with the Commonwealth Bank of Australia Platinum Card. Cardholders get the bonus of having both a Commonwealth Bank Platinum American Express and a Commonwealth Bank Platinum MasterCard. With two cards, it is easier to rack up those rewards and have the best protection available. Like any platinum card of its class, you get a lot of perks such as 24/7 concierge service and complimentary comprehensive travel insurance.

CBA Platinum Card Overview

Travelers are going to get the most out of the CBA Platinum Card. For starters, you get 3 Award points for every $1 that you charge using the Amex card while you also get one Award point for every dollar spent using the MasterCard. If that wasn’t enough, any purchases that you make have a 90 day purchase security coverage so if an item gets lost or stolen, you’ll be reimbursed.

The complimentary travel insurance is highly valued by anyone who travels regularly. It covers your losses from canceled flights, misplaced bookings, or if any of your baggage is lost, stolen, or just misplaced. If you use travelers’ cheques a lot then you’ll find the commission-free cheques to be a steal.

The CBA Platinum Card has an competitive interest rate of 19.74%. That is on par with what many platinum cards offer. However, the annual fee of $280 is not for the ligthtweight cardholder. Add to that a 5.99% interest rate on the annual fees for the first five months and that can rack up to a considerable amount. The good news is that if you have just one mishap while traveling, which happens all the time, the travelers’ insurance can easily cover the cost of the annual fee.

One great advantage of having a platinum card is the 24/7 personal concierge service. This can be a real asset when traveling abroad in unfamiliar territory.

The CBA Platinum Card offers some really good rewards for using a card with a high annual fee. The points can accrue three-times faster than lower level cards and you can trade those points in on Qantas Frequent Flyer miles and other vouchers. Plus, you get an extended warranty on any retail purchases made with the card.

In Summary: As platinum cards go, this one offers quite a bit to brag about. It has valuable features that we have come to recognize from an institute such as the Commonwealth Bank of Australia. Any traveler with this card in their pocket will find that they will be well protected while globe-trotting around the world.

Commonwealth Bank Low Fee Card

Jonathan — Sat, 28 Nov 2009 13:56:03 +0000

With a name like the Commonwealth Bank of Australia Low Fee Card, you know exactly what you are getting in a credit card. It is a standard, no frills credit card that gives its cardholders the bonus of low annual fees. The card is designed for people who want a basic but reliable card without having to pay those outrageous fees.

Highlights of the CBA Low Fee Card

The driving point of the CBA Low Fee Card is that it only costs $24 a year to use it. That’s it. If you happen to be a qualifying member, you can even get that reduced to a $0 annual fee. To get that, all you have to do is spend $1,000 a year (and keep up with your payments, of course). So if you spend at least that much a year, then you’ll have a zero fee for the duration of the card’s life.

The CBA Low Fee Card is also a decent card for transferring balances. It gives customers 5.99% interest rate for the first five months which isn’t a bad deal at all. Its regular interest rate is 19.24% for all purchases and if you need cash advances, that rate goes up to 20.74%. The good news is the card comes with a 55 day interest free period for all purchases so as long as you get your balance paid off, you won’t have to worry about that high interest rate.

If you are concerned about security, the CBA Low Fee Card has you covered. You are provided with one free supplemental card for any family member but don’t worry about it falling into the wrong hands. The card comes with an enhanced security chip. You also can check out some of their options such as Secure Sentinel which helps you if you ever lose your wallet, keys, phone or passport. If this happens, all of your cards are automatically canceled and you get an emergency $1,000 cash advance to tide you over. And if the economy ever bites you and you lose your job, Card Repayment Cover from CreditCard Plus can help you with your card payments.

Bottom-line: Some people just want a simple to use and affordable card. The CBA Low Fee Card is designed to provide just that along with some really great protection coverages. With a $0 annual fee, this makes the CBA Low Fee Card ideal for any financial needs.

Commonwealth Bank Gold Card

Jonathan — Sat, 28 Nov 2009 13:55:38 +0000

The deal you get with the Commonwealth Bank Gold Awards Card provides you with the benefits of actually having two cards. With a Commonwealth Bank Gold Awards American Express card and a Commonwealth Bank Gold MasterCard, you get the best of both. Rewards can accumulate much faster with the Amex card and you get the coverage that MasterCard is known for. Working in tandem like that, you can’t go wrong.

Commonwealth Bank Gold Awards Card Overview

The Commonwealth Bank Gold Awards Card is similar to the Commonwealth Bank Awards Card but with a different annual fee of $144 per year. While there are some cards that come with a lower annual rate, noen have the same advantages and rewards as the Commonwealth Bank Gold Awards Card.

The thing that you will notice first about the CBA Gold Awards Card is that it has free comprehensive travel insurance and a 90 day purchase security coverage on all purchases made. So no matter if you are traveling or just shopping around, if anything gets lost, stolen, or damaged, you’ll be covered. And if you want more protection, there is an extended warranty on purchases. That means that when the regular warranties expire on items that you have bought, you’ll still have them under warranty with the CBA Gold Awards Card.

Despite the program having two cards, you don’t have to worry about keeping track of two separate statements. You will only be responsible for one statement and making one payment. The interest rate with the CBA Gold Awards Card is at 19.74% on all purchases. To help you cope with this, a 55 day interest free period can give you the time to pay off the balance before the interest start to add up. The card can even be useful for debt consolidation with a transfer balance of 5.99% for the first 5 months.

With the rewards program, you end up earning points three times as fast than if you had just one card. The Amex card gives you 2 points for every dollar spent while the MasterCard gives you an even 1 point for every dollar spent. The flexibility allows you to use the points on travel, hotels, dining out, or even shopping.

In Summary: With the Commonwealth Bank Gold Awards Card, you are getting the perks from two separate cards but at practically the price of one. It offers great coverage for traveling and shopping and gives cardholders peace of mind with their security.

American Express Platinum Card

Jonathan — Sat, 28 Nov 2009 13:54:51 +0000

Every serious traveler knows that American Express Platinum credit cards are designed with them in mind. To be approved for this highly sought-after card, you need to have an annual income of $100,000 but the card is not just for the wealthy. Travelers who spend a lot of time in the air can also benefit from this card. The Amex Platinum card offers a number of benefits including discounts and the opportunity to win awards and bonuses. All of these advantages make the card a valuable travel tool.

Amex Platinum Overview

The Amex Platinum gives its cardholders preferential concierge service around-the-clock that includes travel expertise. Approved customers of the Amex Platinum get up to four free supplementary cards for their use. It offers premium insurance coverage while traveling both domestic and overseas and rewards you with one free night in a hotel per year or one free Qantas domestic economy return flight.

For such a premium card, it comes with a $395 annual fee. This may seem like a lot but considering the quality of service included, it is enough to make the price worth it. In addition to all of the other benefits already mentioned, the Amex Platinum gives you unlimited medical coverage while overseas and will reimburse you for any income that is lost because of trip cancelations or travel problems.

The Amex Platinum provides purchase protection. This pays you back if items purchased with your credit card is lost, stolen or damaged.

Plus, for every dollar that you spend, you earn 1.5 Membership Rewards points. The rate of accumulation for reward points is much higher than cards offered by other companies and these points can be used on flights with Air New Zealand, Velocity, KrisFlyer, Virgin Atlantic, Qantas, Cathay Pacific, Thai Airways or Malaysia Airlines. This use of rewards for so many airline companies makes Amex Platinum the preferred card for any dedicated traveler.

In Summary: The best way to use the Amex Platinum is as a means to rack up the huge rewards that are available. This makes the annual fee of $395 more reasonable. Remember that with the insurance and protection plan, everything you purchase with the card will be protected and you won’t have to worry about losing money if your flight gets cancelled.

American Express Blue Sky Card

Jonathan — Sat, 28 Nov 2009 13:52:51 +0000

When it comes to rewards and flexibility, the Amex Blue Sky credit card is the top card to beat. What makes this card so highly sought after for travelers is that it includes no annual fees. More than that, the Amex Blue Sky card enables you to earn flyer points extremely quickly which is ideal for travelers always on the go.

American Express Blue Sky Card Overview

Aside from the lack of an annual fee, the Amex Blue Sky card has a number of other benefits included with it. It gives you 1 point for every dollar spent using the card which is a nice incentive but what makes it better is there is no cap on the points and no expiration period. The Blue Sky offers purchase protection so if anything that you buy with the card is lost or stolen, you will be covered.

The Blue Sky credit card gives all cardholders complimentary travel insurance should the need arise while you are out in the world and there are no seat restrictions when purchasing plane tickets or other means of transportation.

The interest rate for the Amex Blue Sky card is 19.99% which may seem a little high compared to other travel cards, is comparatively reasonable when you consider you don’t have any mandatory annual fees.

It is just hard to beat the Amex Blue Sky card when it comes to rewards and reliability. While some other cards may offer more lucrative rewards and bonuses, they all come with an eye-popping annual fee. So even if you never use those other cards, they can still cost you money just for having them.

In Summary: The Amex Blue Sky card is one of the best ways to save money when you travel. With its complimentary travel insurance, you are guaranteed that any travel disaster will not cost you a penny.

St George Platinum

Jonathan — Sat, 28 Nov 2009 13:52:09 +0000

You will have to look far and wide to find a platinum card that offers the same values and rewards as the St. George Platinum Credit Card from Visa. This card is all about the VIP scene and you’ll gets loads of special treatment and pampering when you use it. What makes it one of the best platinum cards out there is that the rates make it very easy on the pocketbook.

St. George Platinum Credit Card Overview

One of the key highlights of the St. George Platinum Credit Card is the coverage that it provides you. It is like walking around in a suit of armor. The card covers almost everything. It gives you international travel insurance, domestic flight inconvenience insurance, transit accident insurance, purchase coverage insurance, extended warranty insurance, best price guarantee, and instant discounts through the St. George Instant Benefits program. So no matter what may befall you while out in the world, the card has your back.

All of these protections are well worth the annual fee of $89 a year. While this is not a particularly high fee, think of what you are getting for your money. The interest rate is even more reasonable at only 14.99% on all purchases. And if you have previous balances still hanging on other cards, you can enjoy the 3.99% interest on balance transfers for the first 6 months. That makes this card one of the best available for getting rid of your debt.

In Summary: So despite the St. George Platinum Credit Card being a premium card, it is a ridiculously affordable card that offers some top of the line services. Every traveler worries about accidents and misfortunes that may delay their trip but with this card, you’ll always be covered for any emergency.

HSBC Gold Credit Card

Jonathan — Sat, 28 Nov 2009 13:51:15 +0000

If you are looking for a premium card that waives the annual fee for the first year, the HSBC Gold Credit Card is the best piece of plastic you can find. It comes with lots of perks, features, and opportunities to earn some rewards. For a real VIP treatment, you can’t get much better than this card.

HSBC Gold Credit Card Overview

Most premium credit cards have an annual fee right from the start. But what attracts many customers to the HSBC Gold Credit Card is that there is no annual fee for the first year. That’s right, a fee of $0. Despite that, you still get all the benefits the card offers.

Purchase protection insurance is a big thing with this card. Every purchase you make, no matter how big or small, is covered. Plus, you get free international travel insurance that reimburses you for any losses due to flights that get canceled or lost bookings.

A unique feature about the HSBC Gold Credit Card is that you get the option to lock in up to 5 purchases a year for a discount. All you do is choose 5 purchases over $500 each and you can either pay no interest on them for 90 days or you can pay a lower interest for 120 days. That is a total of up to $2,500 at almost no interest.

The HSBC Gold Credit Card gives you 18.99% interest rate on all purchases and a 5.99% rate on balance transfers for the first 6 months. It has that desirable no annual fee for the first year and afterwards increases to only $89 a year which is very comparable to most cards.

The rewards program for this card is very flexible and suits several needs. You get a point for every dollar that you spend on purchases and you can use those points on any airline as well as a whole host of other purchases.

In Summary: Not having an annual fee for the first year is always a big plus. Getting to choose five purchases with little to no interest is also a popular feature. Even after the annual fee goes up to $89 for the HSBC Gold Credit Card, that is still a small price to pay for such service.

Citibank Business Card (Citibusiness Gold)

Jonathan — Sat, 28 Nov 2009 13:50:45 +0000

If you are looking for a card that offers cashflow along with a higher class service than other cards, the Citibank CitiBusiness Card is at the front of the pack. Also called the CitiBusiness Gold Card because of its gold color, this card is the perfect match for any small to medium-sized business. The card has up to 99 authorized users available and concierge provides top service employees anywhere in the world.

Citibank CitiBusiness Card Overview

The Citibank CitiBusiness Card can be a valuable asset if used properly. Many professionals prefer to use it because it has up to a very generous $60,000 credit limit along with complimentary international travel insurance. Plus all purchases have a 55 day interest free period. And to top it off, it has a rewards program for all of that everyday spending.

The one thing to be careful about with the Citibank CitiBusiness Card is that it has a 20.49% interest rate along with a $149 annual fee. Each additional cardholder adds another $30 fee to that amount. Having said that, the annual fee is quite reasonable when compared to other credit cards of the same caliber.

With the perks of the Citibank CitiBusiness Card, the fee more than pays for itself. Travel insurance will help you to regain your losses if you travel often enough. Everyone encounters troubles when they travel such as flight cancellations or lost or stolen personal items. The travel insurance reimburses you for these losses.

Reward points can be spent on either Qantas Frequent Flyer miles or you can apply those points towards discounts when you stay at hotels, dine out, or catch a show. The rewards are slightly better than most cards, giving you 1.25 points for every dollar than you spend.

The Citibank CitiBusiness Card also offers a terrific balance transfer deal – 2.9% for 9 months, giving you ample time to pay down any revolving debt you move over from another card.

Bottom-line: Despite the high interest rate, which any reasonable cardholder can manage, the CitiBusiness Gold card offers enough perks and rewards to more than make up for the rate. Every time you use the card, you will work towards accumulated points that can be turned in for a substantial reward bonus. All of this makes for a valuable card that will only help your business to grow.