Bankwest Breeze MasterCard

The Bankwest Breeze Mastercard is one of the cheapest credit cards to hold and use. It offers low interest rates and a low annual fee with a 9 months long low rate of 4.99% p.a. for new customers on balance transfers.

Benefit of the Card’s Best Features?

The best feature of the card is that it is the cheapest card in terms of interest rates and fees, especially with the 9 months low interest rate for new customers. And the low interest rates extend to balance transfers, which are charged the low rate of 4.99% p.a. for a period of 9 months so that you can get your debts under control.

You can access your account online 24/7 and Bankwest are so confident of their online security system that they guarantee your money and personal details. Check their website for more details.

Additionally you can use your Bankwest Breeze MasterCard nearly anywhere (at 29 million outlets worldwide) and you can have up to 3 additional card holders for free.

Are There Any Drawbacks?

The great 9 months interest rate of 4.99% p.a. does revert back up to the higher purchase rate (10.99% p.a.) once the year is up. Even so, the interest rate that it reverts to is very low. As with any other credit card having a ‘cheap’ credit card won’t benefit you unless you make sure you’re on top of your spending and repayments.

Who Would be Suited?

The card suits those on a lower income who are after a low budget card and don’t want to be paying a stack on fees and interest.

Who is Eligible?

If you are a permanent Australian resident or citizen, are currently living in Australia, are over 18 and have never had legal proceedings taken against you for debt or been bankrupt or insolvent, you are eligible for this card.