Low Rate Credit Card

A unique 'rate tracker' credit card where your interest rate only ever goes up or down with the RBA cash rate1!

Enjoy the freedom of low ongoing rates.

  • Super low rate on purchases and cash advances2
  • Low annual fee (waived if you're under 25)3
  • Up to 55 days interest free on purchases4
  • Credit limits starting from only $5005
  • Accepted at millions of locations worldwide

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Looking for a card that earns rewards? Find out more about our Platinum Rewards Credit Card

With an Auswide Bank Low Rate Visa Credit Card you’ll enjoy:

Super low variable rate Low variable rate on purchases and cash advances and a low annual fee2
Up to 55 days interest free On retail purchases when you pay the full closing balance (including any balance transfer amount) by the statement due date4
Rate Tracker Offers a unique feature that ensures your interest rate only ever goes up or down when the Reserve Bank of Australia changes the official 'cash rate'1
Visa Entertainment Means you can access concert and theatre ticket pre-sales, special movie screenings, members offers and much more.
Access Worldwide Use our card in Australia or overseas including ATMs worldwide.
Banking 24/7 Internet or phone banking means you can view your balances, transfer funds and schedule payments with ease.
Additional Cards Add additional cards at no extra cost which allows others to access your credit limit. All transactions will be itemised on your statement.
Consolidate Accounts Balance Transfer Request from a non-Auswide Bank credit card or personal loan up to your available credit limit. You could potentially save hundreds in interest if our interest rate is lower*
*Balance transfers from other Auswide Bank credit cards or loans may not be accepted.
Secure online shopping Be confident that the purchases and payments you make on the Internet are secure with Verified by Visa. Activate the free service online or during your first online shopping transaction – it's that simple!
Checkout quickly for online shopping Visa Checkout simplifies your online shopping experience with a single account which stores all of your credit card and debit cards – just like a wallet!
Worldwide Accommodation Discounts As an Auswide Bank Visa credit card holder you gain exclusive access to accommodation discounts at over 1.3 million properties around the world via Agoda.com. Gain access to exclusive real-time promotions and some of the lowest rates available backed by best rate guarantee.
Zero Liability The Auswide Bank Low Rate Visa credit card includes Visa Zero Liability so that you can shop worry-free at millions of merchants, anywhere in the world.

 

Fees & Charges

Currently $50 p.a (waived if you are under 25 years).3

For full details of fees & charges, please review our Credit Card Rate & Fee Guide.

Interest Rates

Purchase Annual Percentage Rate 9.45% p.a1
Cash Advance Annual Percentage Rate 9.45% p.a1

Please review our Credit Card Rate & Fee Guide.

Important Information:

Auswide Bank Ltd ABN 40 087 652 060, AFSL No. 239686, Australian credit licence 239686 is the credit issuer. Credit criteria, fees & charges and terms and conditions apply.

1. The Low Rate Visa credit card purchase and cash advance annual percentage interest rates only moves if the Reserve Bank of Australia (RBA) changes the official cash rate. The annual percentage rates consist of the RBA cash rate (reference rate) and a fixed margin applied by the bank. If the RBA cash rate falls or increases, the applicable annual percentage interest rate will also fall or increase by the same amount (but not at other times). If the RBA cash rate falls to 0% per annum or below, the Low Rate Visa Credit Card Rate will be 0% per annum (ie it cannot be less than 0% per annum) plus the interest margin. If the cash rate published by the Reserve Bank of Australia increases, we may apply the increased Reserve Bank of Australia cash rate plus the interest margin as the Low Rate Visa Credit Card Rate. It is at our discretion whether we decide to apply any increased Reserve Bank of Australia cash rate to your credit card. Any special promotional interest rate available on balance transfers or other special offers will revert to the annual percentage rate on purchases after expiry of any promotional period.

2. The Low Rate Visa credit card variable annual percentage rate on purchases as at 3 April 2018 is 9.45% pa. The Low Rate Visa credit card variable annual percentage rate on cash advances as at 3 April 2018 is 9.45% pa.

3. Subject to your credit approval and any waiver which may apply, you will be charged an Annual Card Fee of $50 for the Low Rate Visa credit card.

4. The maximum 55 days interest free period applies when you pay your balance off in full for two consecutive months. If you carry a balance on your credit card from month to month, the 55 days interest free period does not apply and you are charged interest once you make a purchase. No interest free period is available on Cash Advances or Balance Transfers. Interest on cash advance transactions is calculated from the date the transaction is debited to your card account.

5. Credit Limits issued are $500 - $30,000. Actual Credit Limit will be assigned based on Auswide Bank's credit criteria. Subject to confirmation that you meet minimum income requirements of $30,000 per year.