BankWest Lite MasterCard
The Bankwest Lite MasterCard hasn’t been voted as one of the top credit cards of 2010 by Money Magazine for nothing. Find out why this card is highly appreciated by the financial world and its customers.
If you are looking for a way to get out of debt the Bankwest Lite MasterCard is the right choice for you. You might be wondering, how is it possible that a credit card can get you out of debt? Aren’t credit cards to blame for a large majority of personal debt? In part, that is true, credit card debt is a huge problem.
Too many people overspend on credit cards. The problem though, is not just in overspending on purchases and cash advances, but in paying too much in interest. For example, the average credit card earns somewhere around 17% interest. That adds up to a lot of money each month making it difficult to pay enough toward your bill to make a real dent in the bottom line. One of the ways to get out from under that debt is through a balance transfer.
| Balance Transfer Rate |  |
1.99% for 9 months |
|---|---|---|
| Interest Rate | |
10.75 % p.a. on purchases |
| Cash Advance Rate | |
21.49% on cash advances |
| Interest Free Period | |
up to 55 days |
| Annual Fee | |
$59.00 |
| Application Criteria | |
Standard |
| Credit Card Type | |
MasterCard |
| Rewards Program | N/A |
Key Features for the BankWest Lite MasterCard:
- Australia’s lowest MasterCard purchase interest rate of 10.75% p.a.
- Up to 55 interest free days on purchases.
- An annual fee of only $59.
- Access to the RewardMe instant savings program.
According to Money Magazine the Bankwest Lite MasterCard has the cheapest balance transfer available. These cheap rates are how this credit card can help get you out of debt. Not only is the interest rate on a balance transfer extremely low at 1.99% but they lock in that rate for a full 9 months. That’s right you get a whole year to chip away at your old credit card debt while paying hardly anything in interest. Once you have paid off that debt you will find that this credit card continues to be a money saver as long as you own it.
All these perks sound great, but how do you know if you even qualify for a Bankwest Lite MasterCard? They have made finding that out easy too. All you have to do is go to their website and fill out the online application. They determine which of their cards Platinum, Gold, or Classic you qualify for any notify you right away. Then all you need to do is choose your card and start saving money right away.
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Compare Australia's Best Zero Credit Card Offers
St.George Vertigo MasterCard
The St.George Vertigo MasterCard is the ideal low rate shopping card. Save with an amazing introductory offer on both purchases and balance transfers for the first 6 months. Also enjoy instant discounts and added extras with the St.George Instant Benefits Program
- $55 annual fee
- 12.49% p.a. on purchases
- 2.99% p.a. for 6 months on balance transfers
- Cash Advance Rate of 21.24%
- Comes with free secure online shopping service
Click here to read the St George Vertigo terms and conditions
Compared below are a handful of the best credit cards with a 0% balance transfer offer or a $0 annual fee. Enjoy the best rates and fees on your credit cards - zero!
| Credit Card | Card Details | Interest Rate (p.a.) | Cash Advance Rate fee (p.a.) | Balance Transfer Rate (p.a.) | Annual fee | Interest free days (up to) | |
|---|---|---|---|---|---|---|---|
|
Best Zero Percent Credit Card ANZ offer one of the lowest rates on the market at 13.24% p.a, along with ANZ Falcon security and a 0% p.a.balance transfer offer. |
13.24% | 21.49% | 0% p.a. for 6 months | $58 | 55 |
|
|
Take advantage of a card with the prestige and status of Platinum but with a low interest rate of 11.49% p.a. Enjoy Citibank World Privileges, offering entertainment & retail discounts worldwide. |
11.49% | 21.24% | 0% p.a. for 6 months | $49 first year (Save $50) | 55 |
|
|
Featuring 1.9% p.a. for 12 months on balance transfers a low ongoing 12.24% on purchases and a $39 annual fee. |
12.24% | 17.99% | 1.9% p.a. for 12 months | $39 | 55 | 
|
|
No annual fee ever. Up to three complimentary cardholders for free. 5.99% p.a. for 12 months on balance transfers Click here to see this card at BankWest.com.au |
16.99% | 16.99% | 5.99% p.a. for 12 months | $0 | 55 |
|
|
Best Zero Annual Fee Card Enjoy a generous rewards program and up to 44 days interest free on purchases at no annual fee, ever. You have the flexibility to opt in for a $80 annual fee if you wish to double your reward points. |
20.49% | 20% | - | $0 | 44 |
|
|
The Vertigo MasterCard is one of Australia's most competitive low rate cards. Comes with St George Instant Benefits which offers discounts on selected retail and entertainment. |
12.49% | 21.24% | 2.99% p.a. for 6 months | $55 | 55 |
|
