Low Interest Rate Credit Card
While there is no definite standard set, any credit card with a Purchase Rate below 15% p.a. generally earns the Low Rate Credit Card descriptor.
The low interest rates these cards feature refer to the purchase rate of the credit card, other transactions such as cash advances and balance transfers have their own applicable interest rates. Hence, if you’re the type of credit card user who usually pays only the minimum or a portion of your outstanding balance, you can really keep interest costs down with a credit card that offers low interest rate.