Cheap Visa Credit Cards – Compare the cheapest Visa low interest cards

Visa cards are some of the most accepted and popular cards around the globe, and also some of the cheapest.

Visa is one of the biggest card schemes in the world. Everywhere you go you can be sure you'll find a merchant or ATM which accepts Visa cards, so they're a popular choice for many Australians. Add to this the other benefits Visa cards can come with—Visa payWave, Visa Entertainment and added security features, and it's clear to see why you'd want one.

Visa Credit Cards Comparison

Rates last updated September 23rd, 2018
Name Product Purchase rate (p.a.) Interest Free Period Annual fee Balance transfer rate (p.a.) Product Description
Citi Clear Platinum Credit Card
12.99% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
0% p.a. for 14 months
Offers a 0% p.a. for 14 months balance transfer and $0 first year annual fee. Plus, insurance covers and Citibank Dining Program perks.
ANZ Low Rate
12.49% p.a.
Up to 55 days on purchases
$58 p.a.
0% p.a. for 15 months
Save with a 0% p.a. introductory rate on balance transfers for 15 months with no BT fee. Plus a low 12.49% p.a. interest rate on purchases.
St.George Vertigo Platinum - Online Offer
12.74% p.a.
Up to 55 days on purchases
$99 p.a.
0% p.a. for 25 months
Save with 0% p.a. interest for up to 25 months on balance transfers with no BT fee. Plus, platinum perks, including overseas travel insurance.
Citi Simplicity Card
19.99% p.a.
Up to 55 days on purchases
$0 p.a.
0% p.a. for 15 months with 1.5% balance transfer fee
Save with 5% cashback on eligible purchases (capped at $50 per month) for the first 90 days from approval. Plus, a 15 month balance transfer offer.
Westpac Low Rate Card
13.49% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($59 p.a. thereafter)
0% p.a. for 24 months with 1% balance transfer fee
Offers a 0% for 24 month balance transfer option, first year annual fee waiver and a competitive purchase rate.
Suncorp Clear Options Platinum Credit Card - Exclusive Offer
20.74% p.a.
Up to 55 days on purchases
$99 p.a. annual fee for the first year ($129 p.a. thereafter)
0% p.a. for 18 months
finder Exclusive: Ends 30 September 2018 Receive a long 18-month, 0% p.a., no fee balance transfer and earn Suncorp Rewards Points or Qantas Points per $1 spent.
Citi Clear Platinum - Exclusive Offer
14.99% p.a.
Up to 55 days on purchases
$49 p.a. annual fee for the first year ($99 p.a. thereafter)
0% p.a. for 24 months with 1.5% balance transfer fee
finder Exclusive: Ends 30 September 2018 Receive 0% p.a. for 24 months on balance transfers and a discounted annual fee in the first year. Plus, access to Citi World Privileges.
NAB Low Fee Platinum Card
19.74% p.a.
Up to 44 days on purchases
$90 p.a.
0% p.a. for 24 months with 2% balance transfer fee
Offers 7 complimentary insurance covers, a 0% p.a. for 24 month balance transfer and access to a 24/7 concierge service for a $90 p.a. annual fee.
HSBC Platinum Credit Card
19.99% p.a.
Up to 55 days on purchases
$129 p.a.
0% p.a. for 22 months with 2% balance transfer fee
Offers a 0% p.a. for 22 months balance transfer and an annual fee refund each year when you spend $6,000. Plus, 2 airport lounge passes every year.
Virgin Australia Velocity Flyer Card - 0% Interest Offer
0% p.a. for 14 months (reverts to 20.74% p.a.)
Up to 44 days on purchases
$129 p.a.
0% p.a. for 6 months
Enjoy 0% p.a. interest on purchases for 14 months. Plus, the chance to earn 1 million Velocity Points. Ends 31 Oct 2018.
Westpac Altitude Platinum Card - Qantas
20.24% p.a.
Up to 45 days on purchases
$50 p.a. annual fee for the first year ($200 p.a. thereafter)
Earn 60,000 bonus Qantas Points when you spend $3,000 within 90 days of card approval. Plus, a $50 first year annual fee.
American Express Westpac Altitude Platinum Bundle - Qantas
20.24% p.a.
Up to 45 days on purchases
$50 p.a. annual fee for the first year ($249 p.a. thereafter)
Up to 75,000 bonus Qantas Points when you meet the criteria with this dual Visa (issued & serviced by Westpac) & Amex (issued & serviced by Amex).
ANZ Platinum Credit Card
19.74% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($87 p.a. thereafter)
0% p.a. for 18 months with 2% balance transfer fee
Receive a 0% p.a. for 18 month balance transfer offer and a $0 first year annual fee. Plus, complimentary overseas travel and medical insurance.
St.George Vertigo Visa
13.74% p.a.
Up to 55 days on purchases
$55 p.a.
0% p.a. for 16 months
Get 0% p.a. interest for up to 16 months on balance transfers with no BT fee. Plus, a competitively low annual fee and purchase rate.
Virgin Australia Velocity Flyer Card - Bonus Points Offer
20.74% p.a.
Up to 44 days on purchases
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
0% p.a. for 18 months
Earn up to 60,000 bonus points in the first 3 months with a $64 first year annual fee. Plus, the chance to win 1 million Velocity Points.
St.George Amplify Signature - Qantas - Online Offer
19.49% p.a.
Up to 55 days on purchases
$179 p.a. annual fee for the first year ($279 p.a. thereafter)
Offers 90,000 bonus Qantas Points when you spend $4,000 within 90 days, two yearly Qantas Club lounge passes and a reduced first year annual fee.
HSBC Platinum Qantas Credit Card
19.99% p.a.
Up to 55 days on purchases
$199 p.a.
0% p.a. for 12 months
Receive 60,000 bonus Qantas Points when you spend $3,000 within 3 months of card approval, plus enjoy complimentary travel insurance.
Virgin Money Low Rate Credit Card
11.99% p.a.
Up to 44 days on purchases
$49 p.a.
0% p.a. for 14 months
Offers a $49 annual fee, 10% cashback on purchases made in the first 3 months (capped at $100) and 0% p.a. for 14 months on balance transfers.
NAB Low Fee Card
19.74% p.a.
Up to 44 days on purchases
$30 p.a.
0% p.a. for 18 months with 2% balance transfer fee
Receive complimentary purchase protection insurance, a 18 month balance transfer offer and special offers from Visa Entertainment.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
20.74% p.a.
Up to 44 days on purchases
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
0% p.a. for 18 months
Save with $64 first year annual fee and 0% p.a. balance transfer offer. Plus, the chance to earn 1 million Velocity Points. Ends 31 Oct 2018.
American Express Westpac Altitude Platinum Bundle
20.24% p.a.
Up to 45 days on purchases
$0 p.a. annual fee for the first year ($199 p.a. thereafter)
$0 first year annual fee & up to 75,000 bonus Altitude Pts when you meet T&C with this Visa (issued by Westpac) & Amex (issued & serviced by Amex).
NAB Low Rate Credit Card
0% p.a. for 6 months (reverts to 13.99% p.a.)
Up to 55 days on purchases
$59 p.a.
0% p.a. for 6 months with 2% balance transfer fee
Receive an introductory 0% p.a. interest rate for 6 months on purchases, Visa Entertainment offers and a competitive $59 ongoing annual fee.
ANZ First Visa Credit Card
19.74% p.a.
Up to 44 days on purchases
$30 p.a.
0% p.a. for 18 months with 2% balance transfer fee
Get up to 18 months interest-free on balance transfers and save with a low $30 annual fee. Plus, up to 44 days interest-free on purchases.
Citi Rewards Platinum Credit Card
20.99% p.a.
Up to 55 days on purchases
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
0% p.a. for 24 months with 1.5% balance transfer fee
Earn reward Points per $1 spent, take advantage of a 0% p.a. for 24 month balance transfer offer, plus complimentary international travel insurance.
NAB Low Rate Platinum Card - Online Offer
13.99% p.a.
Up to 55 days on purchases
$100 p.a.
0% p.a. for 6 months with 2% balance transfer fee
Enjoy $20 cashback per month for the first 12 months, up to $240 when you apply online and spend $1,500 per statement period.
St.George Amplify Platinum
19.49% p.a.
Up to 55 days on purchases
$99 p.a.
Receive 50,000 bonus Amplify or Qantas Points when you spend $2,000 within 90 days and earn 0.5 Qantas Points or 1 Amplify Point per $1 spent.
Bank of Melbourne Amplify Platinum
19.49% p.a.
Up to 55 days on purchases
$99 p.a.
Earn 50,000 bonus Amplify or Qantas Points when you spend $2,000 within 90 days and earn 0.5 Qantas Points or 1 Amplify Point per $1 spent.
Citi Signature Qantas Credit Card
20.99% p.a.
Up to 55 days on purchases
$199 p.a. annual fee for the first year ($395 p.a. thereafter)
0% p.a. for 6 months
Receive 50,000 bonus Qantas Points, 2 yearly airport lounge visits and complimentary travel insurance. Plus, a discounted first year annual fee.
Bank of Melbourne Amplify Signature
19.49% p.a.
Up to 55 days on purchases
$279 p.a.
Get 90,000 bonus Amplify or Qantas Points when you spend $4,000 within 90 days and earn up to 1.5 Amplify or 0.75 Qantas Points per $1 spent.
St.George Amplify Card
19.49% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($79 p.a. thereafter)
3% p.a. for 36 months
Take advantage of 3% p.a. interest on balance transfers for 36 months. Plus, a $0 first year annual fee and Amplify or Qantas Points per $1 spent.
BankSA Vertigo Visa
13.74% p.a.
Up to 55 days on purchases
$55 p.a.
0% p.a. for 16 months
Enjoy a 0% p.a. interest rate for up to 16 months on balance transfers with no balance transfer fee. Plus, a low ongoing purchase rate.
NAB Rewards Business Signature Card
18.50% p.a.
Up to 44 days on purchases
$175 p.a.
Earn 100,000 bonus points when you spend $5,000 on everyday business purchases in the first 60 days of account opening.
Bank of Melbourne Vertigo Platinum
12.74% p.a.
Up to 55 days on purchases
$99 p.a.
0% p.a. for 24 months with 1% balance transfer fee
Offers a long-term balance transfer, low ongoing purchase rate, complimentary travel insurance and access to a 24/7 personal concierge service.
NAB Qantas Rewards Premium Card
19.99% p.a.
Up to 44 days on purchases
$250 p.a.
0% p.a. for 6 months with 2% balance transfer fee
Offers 30,000 bonus points when you meet the spend requirements and Qantas Points for your everyday spending. Plus a 24/7 personal concierge.
Bank of Melbourne Vertigo Visa Credit Card
13.74% p.a.
Up to 55 days on purchases
$55 p.a.
0% p.a. for 16 months
Enjoy 0% p.a. interest for up to 16 months on balance transfers with no BT fee. Plus, a competitively low annual fee and purchase rate.
BankSA Vertigo Platinum
12.74% p.a.
Up to 55 days on purchases
$99 p.a.
0% p.a. for 24 months with 1% balance transfer fee
Offers a long-term balance transfer, low ongoing purchase rate, complimentary travel insurance and access to a 24/7 personal concierge service.
Bank of Melbourne Amplify Card
19.49% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($79 p.a. thereafter)
3% p.a. for 36 months
Take advantage of a 3% p.a. for 36 months balance transfer offer, Amplify or Qantas points per $1 spent and enjoy a $0 annual fee for the first year.
BankSA Amplify Card
19.49% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($79 p.a. thereafter)
3% p.a. for 36 months
Receive a 3% p.a. for 36 months balance transfer and earn Qantas or Amplify Points per $1 spent. Plus, enjoy a $0 annual fee for the first year.
Citi Platinum Credit Card
20.99% p.a.
Up to 55 days on purchases
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
0% p.a. for 12 months
Earn 10,000 monthly bonus reward Points for 20 months (200,000 total), enjoy a 0% p.a. balance transfer offer, plus, a $49 first year annual fee.

Compare up to 4 providers

This page lists Visa credit cards which have a low rate or are otherwise considered 'cheap' due to their lower fees.

Types of cheap low rate visa credit cards

Different cards can fall into this category. These include;

  • Low balance transfer cards

    These cards may offer a low rate on balances transferred from an existing credit card. Rates can range from as low as 0% to as high as 6% and sometimes higher, and are offered for periods of between 6 months to 24 months.

  • Low purchase rate cards

    This type of card will offer a low rate on purchases which can range from between 0% and 10%. As is the case with balance transfer cards, these cheap cards will generally give you the low purchase rate for a number of months ranging from five to as many 48 months. Some cards have ongoing low purchase rates, which means they aren't limited to a number of months.

  • Low cash advance rate cards

    This type of card has a lower rate for cash advances, which are carried out when you use a credit card to withdraw money from an ATM or at a branch. Other transactions are also classified as cash advances, such as using your card to pay for gambling transactions, foreign cash or some bill payments.

  • Cards with low or no annual fees

    These cards are cheap because they have low annual fees, although the two types above may also have low or $0 annual fees too.


Understanding how cheap low rate visa credit cards work

How do cheap low rate visa credit cards work?

A low rate card works by charging you a lower rate of interest for balance transfers, purchases or cash advances. This means you pay less in interest, hence why they're referred to as being 'cheap'. As mentioned above a card can also be classified as cheap if it has a low or $0 annual fee.

When it comes to credit cards, 'cheap' can mean different things to different spenders. Those who pay their balance in full each month may not actually require a low rate for a card to be cheap, instead opting for a lower annual fee, whereas those who pay off a balance regularly may find a low rate is a better indicator that a credit card is cheap.

The Visa difference

If you're on this page you're looking for cheap low rate cards that are also Visa cards. This can be for a large number of reasons: maybe you prefer Visa's services or find they're accepted more readily accepted when you travel. Here are some other benefits all Visa cards grant their cardholders.

  • Visa Entertainment - This is a program for Visa cardholders which gets them access to presale concert and event tickets. With this program you won't miss out on seeing your favourite band, comedian or any other show.
  • Verified by Visa - This is one of the security features which Visa has developed, and allows you to get extra security when shopping online at participating stores.
  • Visa Zero Liability Policy - This is the second notable security feature offered by Visa, and is a policy that states you won't be held responsible for fraudulent transactions. Just review your statements and let your card issuer know if something isn't right.
  • Visa payWave - Visa payWave is an innovative way to pay for items by tapping your card on a payWave terminal as opposed to swiping or inserting your card. Any card displaying the payWave logo can use this feature for purchases under $100.

How to compare low rate Visa credit cards

You can compare these cards based on a number of factors. The first of which obviously begins with rates and fees.

  • Rates and revert rates - As mentioned above 'cheap' means different things to different people, so this point and the point underneath are interchangeable. Nevertheless, comparing cheap low rate cards will obviously include looking at the interest rates they offer for purchase rates, cash advance rates or balance transfer rates—whichever is more important to you.If the low rate is promotional and not ongoing you'll want to know what the rate will revert to once it's over.
  • Fees - Those who pay off their balances in full each month, and therefore avoid paying interest, will want to consider the annual fee in their comparison. Even if you are focussed on finding a low rate card, pay attention to the annual fee in your comparison otherwise you may find the savings you make in interest aren't worth as much.
  • Additional benefits - Once you've compared these you'll want to start comparing the other extras offered. Possible benefits include complimentary insurance policies for travel, buying items and much more. Some cards may offer rewards programs, complimentary flights and discounts on a range of partner services and experiences. Cheaper cards aren't usually noted for being strong in this area but it still pays to factor this into your comparison.

Pros and cons of cheap low rate Visa credit cards

Pros

  • Low rates mean you'll pay less in interest or pay your balance off quicker
  • Low fees mean you pay less in return for using your card each year
  • Visa cards, along with Mastercards, often have the smallest credit card surcharge when compared to American Express and Diners Club cards.
  • Visa cards are accepted at millions of merchants worldwide

Cons

  • Cards with lower annual fees may sacrifice the number of interest-free days you get
  • Cheaper cards generally don't offer as many features as platinum or gold cards
  • Some balance transfer offers may revert to cash advance rates, which are generally around the 20% mark

Compare Visa Credit Cards


Frequently asked questions about cheap low rate Visa credit cards

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Related Posts

Credit Card Offers

Important Information*
Citi Clear Platinum Credit Card

Interest rate

12.99

Annual fee

0*

*$99 p.a. after first year

Westpac Altitude Platinum Card - Qantas

Interest rate

20.24

Annual fee

50*

*$200 p.a. after first year

ANZ Low Rate

Interest rate

12.49

Annual fee

58

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