According to Bankwest, their Lite MasterCard is the ‘lowest stress credit card’, and we’re inclined to believe them when they offer customers the very low interest rate.*

The only other cards to have a lower interest rate are ones with introductory offers that finish with a much higher rate after only a few months. Meanwhile, the Bankwest Lite MasterCard interest rate is ongoing.

The cash advance rate on this low rate credit card is significantly higher than the purchase rate*, but is within the standard cash advance range so it’s not much of a downside.

In terms of balance transfers this card shines again with a super low rate, which is much longer than most balance transfer cards across the board.

With a low annual fee this is a reasonably priced credit card that also offers up to 55 days interest free on purchases*. Like the Aussie MasterCard, the features on Bankwest’s Lite MasterCard make it very appealing.

If you look at the card over all, it’s fair to say that if it’s used wisely, this credit card could be very valuable. Its ability to cater so well to such a wide range of financial needs has enabled to take out a top 3 placing in the Editors Choice category, and therefore comes very highly recommended.

See all our top picks in the Editor’s Choice Category