Best Credit Card Interest Rate
May 14th, 2010
With such a vast range of credit cards to choose from, who is offering the best credit card interest rate, or balance transfer rate? We have looked at a credit card from St.George, and have been very impressed by what we have seen.
0.99% p.a. for 12 months
Best Credit Card Option
The St. George Vertigo is a good all around credit card, it has an introductory offer of just on both balance transfers and standard purchases. It also gives you access to the St. George Instant Benefits scheme.
- $55 annual fee
- 13.24% p.a. on purchases
- 0.99% p.a. for 12 months on balance transfers
- Cash Advance Rate of 21.49% p.a.
- 55 days interest free
So many credit card deals and so little time. When you are looking for a credit card there will be many factors you take into account before making a decision.
Who is the lender? How much credit do you need? Are you looking for a balance transfer? Who has the best credit card interest rates currently?
These are all things that will matter in varying degrees depending on your own person financial position. Obviously a credit card that ticks as many boxes as possible is going to attract more customers, and the St.George MasterCard is a real top pick.
In fact this credit card by St.George has been voted “Best Balance Transfer Credit Card 2009″ by industry commentator “Money Magazine”.
Let’s take a closer look at this credit card, and see what it has to offer.
The St.George Vertigo MasterCard
- Card Processor- Visa
- Card Type- Classic/Standard
- Annual Fee- Just $55
- Balance Transfer Rate- 0.99% p.a. for 12 months.
- Standard rate- 13.24% p.a.
- Cash Advance Rate- 21.49% p.a. p.a
- St.George Instant Benefit Scheme
Benefits and Features
One of the Best Credit Card Interest Rates
This card by St.George has some very strong benefits and features, and many industry insiders are scratching their heads trying to find any failings in what it offers.
People searching for a new credit card will often give a lot of weight to a lender that offers the best credit card rates, and this card does just that. The initial rate is just 2.99% which is very good, and will suit anyone looking for a cheap balance transfer deal perfectly.
At the end of the promotional period the rate reverts to 13.24% p.a. which is still quite fair, although be aware like many credit cards, if you do any sort of cash advances you will be paying a hefty 21.49% p.a..
Rewards
This card is not a rewards card and so does not come with any points based schemes, however members do have access to St.George instant benefits, and certain discounts.
Low Fee
The card comes with a fairly priced annual fee of $55 making it quite competitive, and not likely to break the bank each year.
Great for Balance Transfers
One of the key benefits of this card, is not only does it have one of the best credit card interest rates available, but that this feature makes this card one of the best for balance transfers.
If you are looking to combine some of your other store cards, or credit card debts into one manageable payment, then this card will be perfect.
Do be aware that in order to excepted by St.George you are going to need a very good credit rating.
Editors Choice: Featured Credit Card Deals
| Interest Rate (p.a.) | Balance Transfer Rate (p.a.) | Annual fee | Cash Advance Rate (p.a.) | ||
|---|---|---|---|---|---|
 Westpac 55 Day Credit Card | 0% for 5 months (reverts to 19.59% ) | 3.99% for 6 months | $0 | 21.49% |
|
 Citibank Clear Platinum Card | 11.99% | 2.9% for 12 months | $99 | 21.74% |
|
