Easy Street Easy Low Rate Visa Credit Card wins 2020 Mozo Experts Choice Award

26 October 2020

For many Australians, choosing the right credit card can seem like a maze. With so many options available, from low rate, low fee, balance transfer to rewards, it can be difficult to navigate all the different products to find what suits you.

That’s where our Mozo Experts Choice Credit Card Awards come in.

In 2020, we reviewed 215 personal credit cards, issued by 72 different financial institutions. And after extensive analysis, the Easy Street Easy Low Rate Visa Credit Card was given a 2020 Mozo Experts Choice Award for best Low Rate Credit Card for the third year in a row!

This card ticked all the right boxes. With a low purchase rate of 8.99% p.a., an annual fee of $40 and up to 55 interest-free days on purchases, it stood out against many other similar credit cards for its excellent value.

Pick a card, any card?

When it comes to judging interest rates, there’s typically a huge variation between different credit cards and this can ultimately impact the cost of paying down your balance.

As judges, we focused on this area and the winners in the best Low Rate Credit Card category offer some of the lowest purchase rates on the market.

Plus, in presenting these awards we also considered things like the annual fee and the number of interest free days on offer.

People are still reaching for their credit card

This year Mozo found that 14% of Australians are getting a new credit card. So, for a credit card user who may not always pay down their balance in full each month and is looking to reduce the amount they pay in interest repayments, the Easy Street Easy Low Rate Visa Credit Card may be a very suitable option.

About the author: Peter Marshall

Peter Marshall is a Banking Expert at financial comparison site Mozo.com.au and is one of the Mozo Expert Choice Award judges. Peter has been working in the Australian banking and finance industry for more than 20 years and knows the ins and outs of Mozo’s extensive financial product database.

The information contained in this article is only correct at the point of time of publication. It is general information and has been prepared without taking into account your personal circumstances, objectives or needs. Please consider if this information is right for you before making a decision to acquire any product.