Are there any low rate credit cards in Australia?

A senate committee is investigating credit card interest rates but there are plenty of good value, low interest rate credit cards now available in Australia. Here are some ideas to get you started:

Quay Credit Union’s Visa credit card is currently charging 7.99 per cent. Community First Credit Union’s McGrath Pink Visa is currently advertising a rate of 8.99 per cent. Bank Australia’s Low rate Visa card is now set at 9.89 per cent. G&C Mutual bank, ME and Victoria Teachers Mutual Bank all have credit cards now available with rate set at 9.99 per cent.

Source: The Age

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