Credit Cards > Low Balance Transfer Credit Cards
Recommended Credit Card Balance Transfer Special Offer
St George have put together a great low rate package including a huge 0.99% p.a. balance transfer for 12 months. This balance transfer reverts to the low purchase rate, so if you don't pay it off in time you are not hit with a high interest rate. This page showcases the best balance transfer credit cards available in Australia.
 |
Great Low Balance Transfer Credit Card: |
 |
 |
St.George Vertigo MasterCard
- A simple no frill credit card with a low purchase rate of 13.24% p.a.
- Balance transfer rate of 0.99% p.a. for the first 12 months
- Up to 55 days Interest Free on purchases
- Annual credit card fee of $55
- Additional cardholders at no extra costs
- 24/7 Falcon® Fraud monitoring
- Shop online with MasterCard® SecureCodeTM
|
|
 |
 |
 |
 |
Low Balance Transfer Credit Cards
0% Balance Transfers Credit Cards
Recommended 12 Month Credit Card Balance Transfer Offers
Recommended 9 Month Balance Transfer Credit Cards
Recommended 6 Month Balance Transfer Credit Cards
Credit Card Balance Transfer Basics
Balance transfer credit cards are great way to reduce credit card debt. They are broken up on this page into 3 different categories: 0% balance transfer, 6 month and 12 month balance transfer offers.
Balance transfer credit cards are best for someone that currently suffers from credit card debt and wants to significantly reduce credit card interest.
If you suffer from high credit card debt and are unlikely to pay this debt off within a 6 or 12 month period then a "for life" balance transfer is your best bet. Note that these credit cards require an income of over $50,000 and a good credit rating. A for life balance transfer means that any balance you succesfully transfer will stay at the fixed balance transfer rate until it is paid off. This can save people 1000's in interest over the term of the debt.
Find out more about balance transfer credit cards with our 5 part article series:
Balance transfers can seem like the greatest credit card feature to some consumers. If you don’t like your current credit card terms, you can essentially start over by moving your balance to another credit card issuer. Balance transfers can indeed be a good deal. They can also be used to help you get out of credit card debt through balance transfer debt consolidations. They can also cause problems though, and it’s important that you be aware of common credit card balance transfer mistakes before potentially making them yourself.
You’ve just financed a $2000 purchase with your credit card. Your bill comes telling you what your minimum payment is for the month (or other statement period). Should you make that minimum payment or should you pay off more of the balance? How do you figure out what to really pay each month?
The answer to that question is pretty simple on the surface: pay as much as possible! Or better yet, pay off the balance in full every month, and don’t use credit cards to finance things you couldn’t afford to buy outright with cash. There. Question answered. Problem solved.
|
ANZ
