Aussie’s only credit card in the Australian market place competes by being a genuine low interest credit card. The best reasons to use a low interest card is to save money with interest charges if you need to have money owing on a card. If this sound like you then the Aussie MasterCard is definitely worth a consideration .

If you really want to save on interest then the Aussie MasterCard delivers with a low 9.99% introductory offer for the first 12 months. After that the rate changes to 11.79%. Both rates are very low for credit cards, the average interest rate on most credit cards is 18% or more.

55 day interest free credit on all purchases give you the opportunity to repay your balance with no interest charges, this could save you a lot of money over time if you manage your spending and repay in full regularly.

Very low credit card fees, the Aussie MasterCard has a low $49 per year fee, this is one on the lowest fee credit cards available to consumers and is another reason worth considering this credit card.

A balance transfer with Aussie MasterCard gives you 5.99% interest rate for one year, this is not the lowest balance transfer deal yet coupled with the low interest and fees can make the switch in credit cards worth your while.

There is a credit card limit of $15000, you don’t need to get a credit card with a limit that size. Aussie will work out how much you are able to apply for depending on you income. It is advisable to only get a limit you are comfortable with repaying if you ended up reaching it.

Aussie MasterCard comes with a 24 hour call centre assistance, this is very important in emergencies in case of credit card loss or theft. The call centre is available worldwide just as the MasterCard is accepted worldwide, its very reassuring to know you can get help with the Aussie MasterCard any time any place over the phone.

Security for the Aussie MasterCard is strong with MasterCard SecureCode. A service provided by MasterCard which is a private code known only to you and your bank, it enhances your existing MasterCard account by protecting you against unauthorized use of your card when shopping online.

Cash advances are charge at a comparatively low interest rate of 15.99%, there are lower cash advance credit cards by they don’t offer the same low interest on purchases.

You don’t have to be an Aussie customer to apply, Aussie are know for there home loan mortgages but are also providing a great credit card service, bringing competition the the market place. Remember John Symond’s Aussie commercial catch phase “at Aussie, we’ll save you” well they definitely given the credit card consumers a great credit card offer to use.

December credit card repayments increased on the back of the Australian governments first 10.4 billion stimulus package. The Reserve Bank of Australia has presented figures which showed a 22 percent increase in the amount of money spent on credit card repayments in the month.

The Australian Government first stimulus package was designed to strengthen the Australian economy by giving cash handouts to low and middle income earners in early December 2008. As suspected some people would use the cash to repay debts and a lot of Australians replayed their credit card debts with their handout.

“about a billion dollars has gone onto credit cards in the past month or two.”
(ABC, 2009, December credit card repayments at 3-year high)

Consumers have continued to make purchases with their credit cards during the Christmas period so the planned impact of the stimulus package has shown signs of its effectiveness in increasing retail trade figures in the December period when credit card spending rose by 20 %.

All this shows is that people are more aware of their credit cards debts and are trying to decrease there debts to reduce or even eliminate interest charges with the ultimate goal of saving money.

Consumers can save even more money on interest repayments if they reduce the interest rate of their credit cards. If you have a credit card with an interest rate above 15% you could save hundreds of dollars every year just by transferring your credit card balance to a low interest rate credit card.

If you have a credit card, you could be paying too much in interest and fees. Australians don’t often move credit cards because they find it convenient to stay where they are. Even though they know they could save money with a different credit card. BestRateCreditCards.com.au was designed to show Australians other credit cards available which perform better in different areas like low interest or no fees. If your looking for a credit card or never bothered to check out other cards you should check out our full list of credit cards at Best Rate Credit Cards. Just get the idea of what credit cards are out there then click on the different pages to see best rate credit cards in these categories, Low Interest, Low Fees, Balance transfers and much more.