Which Australian bank offers the lowest interest rates under the balance transfer credit cards offers02.03.2021

Bankchart.com.au has surveyed the terms of the offered balance transfer credit cards offers in the national currency. Our website's analysts have studied the loan offers from all Australian banks. Review date - 02.03.2021

As of 25 February 2021 the loans under review have been offered by 22 banks.   The average comparison rate under such loans equals 20,17 % p.a. The total number of the loan programs available for the specified loan terms is 85.

The most affordable credit card is offered by American Express. The comparison rate under "The Low Rate Credit Card from American Express®" loan program constitutes 8,99 % p.a. The table below shows the best offers by each bank selected by Bankchart.com.au (in terms of costs) for the aforementioned terms.

The TOP-22 balance transfer credit cards offers, as of 25 February 2021

#

Name

Interest Purchase Rate, %

1

8,99

interest purchase rate, %

interest rate (purchases)

8,99 %

annual fee

$ 0,00

grace period

55

a class of the card

American Express Card

2

10,80

interest purchase rate, %

interest rate (purchases)

10,80 %

annual fee

$ 0,00

a class of the card

Visa Gold

3

9,59

interest purchase rate, %

interest rate (purchases)

9,59 %

annual fee

$ 99,00

grace period

55

a class of the card

Visa Platinum

4

10,99

interest purchase rate, %

interest rate (purchases)

10,99 %

annual fee

$ 49,00

grace period

55

a class of the card

MasterCard PayPass

5

11,95

interest purchase rate, %

interest rate (purchases)

11,95 %

annual fee

$ 0,00

grace period

44

a class of the card

Visa Card

6

11,99

interest purchase rate, %

interest rate (purchases)

11,99 %

annual fee

$ 49,00

grace period

62

a class of the card

Visa Card

7

11,99

interest purchase rate, %

interest rate (purchases)

11,99 %

annual fee

$ 49,00

grace period

55

a class of the card

MasterCard PayPass, Visa Card

8

11,99

interest purchase rate, %

interest rate (purchases)

11,99 %

annual fee

$ 49,00

grace period

44

a class of the card

Visa Card

9

12,49

interest purchase rate, %

interest rate (purchases)

12,49 %

annual fee

$ 58,00

grace period

55

a class of the card

Visa Card

10

12,99

interest purchase rate, %

interest rate (purchases)

12,99 %

annual fee

$ 59,00

grace period

55

a class of the card

Visa Card

11

13,24

interest purchase rate, %

interest rate (purchases)

13,24 %

annual fee

$ 59,00

grace period

55

a class of the card

MasterCard PayPass

12

13,49

interest purchase rate, %

interest rate (purchases)

13,49 %

annual fee

$ 55,00

grace period

55

a class of the card

Visa Card

13

12,99

interest purchase rate, %

interest rate (purchases)

12,99 %

annual fee

$ 99,00

grace period

55

a class of the card

Visa Card

14

12,99

interest purchase rate, %

interest rate (purchases)

12,99 %

annual fee

$ 99,00

grace period

55

a class of the card

Visa Platinum

15

12,99

interest purchase rate, %

interest rate (purchases)

12,99 %

annual fee

$ 99,00

grace period

55

a class of the card

Visa Platinum

16

12,99

interest purchase rate, %

interest rate (purchases)

12,99 %

annual fee

$ 99,00

grace period

55

a class of the card

Visa Platinum

17

13,74

interest purchase rate, %

interest rate (purchases)

13,74 %

annual fee

$ 59,00

grace period

55

a class of the card

Visa Card

18

14,99

interest purchase rate, %

interest rate (purchases)

14,99 %

annual fee

$ 69,00

grace period

55

a class of the card

MasterCard PayPass

19

14,99

interest purchase rate, %

interest rate (purchases)

14,99 %

annual fee

$ 99,00

grace period

55

a class of the card

Visa Platinum

20

15,95

interest purchase rate, %

interest rate (purchases)

15,95 %

annual fee

$ 69,00

grace period

55

a class of the card

Visa Card

21

19,99

interest purchase rate, %

interest rate (purchases)

19,99 %

annual fee

$ 49,00

grace period

55

a class of the card

Visa Platinum

22

19,99

interest purchase rate, %

interest rate (purchases)

19,99 %

annual fee

$ 99,00

grace period

55

a class of the card

MasterCard PayPass

To view the up-to-date rating of the credit cards at our website, click here.

Reference:

Comparison Rate means quoted interest rate adjusted subject to non-recurring and periodical fee, if applicable.

 

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