Aussie MasterCard September 2010 Review - Compare credit cards at Finance Comparison

Aussie MasterCard

Editors Comments

With a interest rate of 2.99% for the first 6 months (reverts to 12.99% p.a after 6 months), a 2.99 percent balance transfer for up to 6 months and 55 days interest free, the Aussie Mastercard is a extremely low cost credit card. One unpublicized benefit of this card is a very low 19.79% p.a. on all cash advances, which is one of the most competitive in the marketplace.

Editors Choice Award

The average credit card charges over 16% p.a.^ interest, with some charging over 20% p.a. You can fight back with the low rate Aussie MasterCardÃ’. Itâ€™s a no-nonsense credit card with one of the lowest ongoing interest rates on purchases around. And, because everyoneâ€™s needs are different when it comes to credit cards, you can choose the special offer that suits you best for an even better deal to get you started.

Key Features:

2.99% p.a on balance transfers for the 1st 6 months.
2.99% p.a. on purchases for the 1st 6 months.
Reverts to a great low rate on purchases, now just 12.99% p.a.
Low annual account fee of $49.

Additional Comments:

An Aussie MasterCard balance transfer features a rate comparable to those of other large-bank credit cards, and the regular APR on everyday purchases is one of the lowest in the credit card industry, however the intro rate of 2.99% is only for 6 months, after this it reverts to a competitive 12.99%.

Coupled with a very low annual fee of $49. The Aussie MasterCard is an option for anyone wanting to combine a low rate card with low fees .

Card Categories:

Low Interest

Terms & Conditions:

^ Only valid for balance transfers from non-Aussie credit and store cards. Balance transfer rate applies only to the balance transferred for six months from the date your card is approved, and then reverts to the standard variable rate applicable for purchases on your card. Balances that remain unpaid at the end of this period will become subject to the standard variable rate applicable for purchases on your card. Interest accrues on balance transfers from the date the transfers are processed by us. Aussie Credit Cards are provided under agreement by Australia and New Zealand Banking Group Limited ABN 11 005 357 522.

For the most up to date information please visit the Aussie website.