The holiday season is upon us! Spending around this time of year can pile up with all the Secret Santa gifts, overseas holidays and Christmas parties. So if you’re a serial spender and often have trouble paying off your credit card in full each month, you might like to consider an intro rate credit card.
Credit cards with an introductory purchase rate charge a very low rate on purchases for a limited number of months. For example, 0% p.a. for 12 months. After the initial period is up, any purchases made will be charged at the ongoing (and usually much higher) purchase rate.
The Credit Savvy Team have compiled a few intro rate cards below to get you started:
The Coles No Annual Fee MasterCard offers 0% p.a. interest on purchases for 15 months to new customers who apply and are approved by 31 December 2016. There’s no annual fee and you can collect 1 flybuys point for every $2 you spend on eligible purchases.
Other terms and conditions apply. Find out more here.
The Virgin Australia Velocity Flyer Card gives you 0% p.a. for up to 12 months on purchases. There’s also 0% p.a. for 6 months on balance transfers and you can receive a $129 Virgin Australia Gift Voucher each year when you meet the spend criteria.
The offer is valid until 16 January 2017. Other terms and conditions apply. Find out more here.
ANZ is offering 0% p.a. on purchases for the first 6 months and $100 back to your new ANZ Low Rate credit card. You’ll also receive up to 55 days interest free on purchases and up to three additional cardholders at no additional cost.
Limited time offer. Other terms and conditions apply. Find out more here.
Want to see more intro rate alternatives?
You’ve come to the right place. While our list is a good starting point, you can compare more intro and low rate credit cards right now at Credit Savvy.