-
Low retail purchase rate
-
Up to 45 days interest free on purchases
-
Annual fee waived for the first year
-
0% p.a. balance transfer for 6 months 1
-
Worldwide ATM access through the Visa network
-
Instantly lock your card through the App or Online Banking
Low-Rate Credit Card
A simple, low interest credit card designed for everyday use
A low-rate credit card can be a practical option if you’re looking to manage everyday spending or carry a balance from time to time. MoveBank’s Low-Rate Credit Card is designed to provide a straightforward structure, with a competitive interest rate and features that help you stay in control of your account.
With flexible repayment options, clear fees and the ability to manage your card through digital banking, it’s a simple way to access credit when you need it—without unnecessary complexity.
What is a low-rate credit card?
A low-rate credit card is a type of credit card that offers a lower ongoing interest rate compared to standard cards. This can be useful if you:
- Occasionally carry a balance
- Want to reduce interest on outstanding amounts
- Prefer a simple,no‑frillscredit card
Unlike rewards or premium cards, low-rate credit cards focus on keeping costs predictable rather than offering points or incentives.
How MoveBank’s Low-Rate Credit Card works
Your credit card provides access to a credit limit that you can use for purchases, bills and everyday expenses.
Each month, you’ll receive a statement outlining:
- Your outstanding balance
- Minimum repayment amount
- Payment due date
If you pay your balance in full by the due date, you may avoid interest on purchases. If you carry a balance, interest is applied based on the card’s rate and your outstanding amount.
Key features of MoveBank’s Low-Rate Credit Card
MoveBank’s Low-Rate Credit Card is designed to keep things simple and easy to manage:
- Competitive ongoing interest rate on purchases
- Set credit limit based on your financial situation
- Monthly statements with clear repayment information
- Flexible repayment options
- Contactless payments and digital wallet compatibility
- Secure online and mobile banking access
Fees and charges apply. All applications are subject to approval.
Managing your credit card
Managing your credit card effectively is key to staying in control of your finances.
You can:
- Make repayments at any time
- Pay off your balance in full to avoid interest on purchases
- Set up automatic payments
- Monitor your transactions through online banking
Having clear visibility of your account activity can help you track your spending and avoid surprises.
Interest‑free periods and repayments
Many credit cards include an interest‑free period on purchases, provided you pay your closing balance in full by the due date.
If you don’t pay the full balance:
- Interest may be charged on the remaining amount
- Interest may also apply to new purchases, depending on your account terms
Understanding how interest is applied can help you use your credit card more effectively.
Apply for a low-rate credit card today!
Choosing the right credit limit
Your credit limit determines how much you can spend using your card. It’s important to choose a limit that aligns with your financial situation and spending habits.
A lower limit can help manage spending, while a higher limit may provide more flexibility. Your approved limit will be based on MoveBank’s lending assessment and your individual circumstances.
Who this card may suit
MoveBank’s Low Rate Credit Card may suit:
- Individuals who occasionally carry a balance
- Customers looking for a simple credit card without rewards
- People who want to minimise interest costs
- Those who prefer predictable and straightforward features
FAQs
How to apply
You can apply online or speak with the MoveBank team to explore your options through the chat feature in digital banking, over the phone or in branch. Your application will be assessed based on your financial situation and MoveBank’s lending criteria.
You may be required to provide supporting documentation, including proof of income and identification.
Important information
Credit cards are subject to credit approval, eligibility criteria and terms and conditions. Fees and charges apply. Interest rates are subject to change.
This information is general in nature and does not take into account your objectives, financial situation or needs. You should consider whether this product is appropriate for you before applying.
You might also be interested in
Everyday Transaction Account
Enjoy the freedom to spend your way and manage your money with ease.