Low interest credit cards are preferred for their convenient terms and conditions and ease of use. The specialty of these cards lies in the fact that cardholders can use the low interest credit cards (Low APR) as a line of credit, instead of using them as alternative option of funding. Due to low Annual Percentage Rate, the interest burden of the cardholders will come down automatically.
It is crucial for the customers to calculate their average yearly interest amounts before selecting a particular low interest credit card. It will help the customers to come to a decision regarding whether it will be wise to pay a higher annual fee for availing the low Annual Percentage Rate. Low interest credit cards are ideal for those consumers who fail to repay their credit card debt on time and are charged with additional interest on card purchases.
Popular Low Interest Credit Cards (Low APR) in Australia
Australian consumers enjoy the option of choosing from a wide variety of low interest credit cards offered by different credit card providers. Some of the commonly used low interest credit cards in Australia are as follows: