The St.George Vertigo is the ideal credit card for shopping with a low rate on purchases.

Benefit of the Card’s Best Features?

This card was Awarded Australia’s Cheapest Balance Transfer Credit Card by Money Magazine 2009. It boasts a very low variable purchase rate of only 13.24% p.a. as well as a low annual fee of only $55 p.a.. For the first 12 months you get a tiny 0.99% p.a. balance transfer rate (not many cards offer anything lower than this) and with its no frills and good rates the St.George Vertigo is a ‘comfortable way to tighten your belt.’

If it’s convenience you’re after, you get a free additional card for a family member or friend (with all transactions on one statement), and you will have linked access to any other St.George accounts, for the ease of one card banking.

Are There Any Drawbacks?

The card doesn’t offer you any fancy features but the simplicity of a low cost, low rate card. Remember that a low rate card won’t benefit you unless you make sure you’re on top of those monthly repayments. Also check the annual fee is worth your while paying for what you will get out of the card.

Who Would be Suited?

If you’re looking for a simple card without any confusing extras you need to figure out how to benefit from, this one could be what you’re looking for. This card would suit the lower income earner looking for a convenient card with good rates on everyday purchases.

Who is Eligible?

To be eligible for this St.George Credit Card you must be 18 years or older, and also a permanent Australian resident. In the application process you’ll need to supply your weekly income, details of your assets, savings or investments and the repayment amounts and balances owing on any liabilities (including other credit cards, store accounts, etc.).