FEATURES SUMMARY

• Annual fee: $49
• Purchase rate: 2.99% first 6 months* (12.29%)
• Cash Advance rate: 18.79% p.a.
• Balance Transfer rate: 12.29
• Interest-free days: Up to 55

• Extras:
  • Apply online
  • Fraud protection
  • MasterCard Applause service

The Aussie MasterCard is one of only two non-bank credit cards that made the cut on The Credit Card Guide, and it more than holds its own among the big wigs.

This no-frills card has a solid investment in keeping things on the down low for its customers, with an interest rate of just 2.99% p.a.* on purchases for the first 6 months, after which it creeps up to just 12.29% p.a*.

Balance transfers sit at an average rate of 12.29% p.a., however, it does have up to 55 days interest free* and a mid-range annual fee of $49.

This combination of features has allowed this card to take the top spot in The Credit Card Guide’s picks for the Editors Choice – Interest Free credit cards category as well as #2 in the Low Interest category. Unsurprisingly, it also takes out the prestigious title of 1st place overall in the Editor’s Choice’s category.

The only downside that we found with this interest free credit card was that if you happened to lose your card, getting a replacement will set you back a whopping $50. However, if your card gets stolen and you report it to the police, Aussie will give you $200 just to tide you over. Now isn’t that nice?

With not much else to fault it with, the Aussie MasterCard offers great deals in pretty much all relevant areas, proving that you don’t have to be a bank to be a trusted and reliable credit card provider.

See all our top credit card picks in the Editor’s Choice category

* If you apply before January 31st.