If you’re looking for a credit card with low fees and manageable interest rates, the BOQ Low Rate Visa Credit Card is an excellent choice.
What you need to know about this credit card:
- Annual Fee: $55 per year
- Interest Rate on Retail Purchases: 13.49% p.a.
- Cash Advance Interest Rate: 21.49% p.a.
- Credit Limit Range: $2,000 to $20,000
Pros:
- 0% p.a. on balance transfers for 18 months: Save on interest with an extended balance transfer offer.
- No balance transfer fee: Move your balance without extra costs.
- Up to 55 days interest-free: Enjoy more time to pay for your purchases without interest.
- Worldwide ATM access: Accepted at over 61 million merchant locations globally.
- Flexible instalment plans: Split your payments into smaller, manageable instalments.
Cons:
- No interest-free days during balance transfer: While you have a balance transfer, no interest-free days apply.
- Relatively high cash advance rate: Cash advance interest rates can reach up to 21.49% p.a.
Why Choose BOQ for your credit card?
Compared to Commonwealth Bank, the BOQ Low Rate Visa Credit Card stands out with a lower annual fee, making it ideal for budget-conscious consumers.
While NAB offers competitive rewards, BOQ’s focus on low rates ensures you won’t pay unnecessary fees, making it a better choice for minimizing costs.
ANZ’s credit cards may come with extensive perks, but BOQ provides a balance transfer deal that can save you significantly on interest, especially for those consolidating debt.
Westpac has a strong international presence, yet BOQ’s worldwide ATM access and fraud protection through Visa are comparable and reliable.
Unlike Macquarie’s premium cards, BOQ offers a more affordable solution with all the essential features needed for everyday spending.
BOQ Low Rate Visa Credit Card: let’s get to know it a little better.
How to apply for your BOQ Low Rate Visa Credit Card
Get started today and experience the benefits of a low-interest credit card designed to keep your finances in check. Click below for all the details!