It's time to say so long to high interest rates with this card which is appropriately named the "Lite" MasterCard. The interest rate is an astoundingly low 10.75% and for the first 55 days you get 0% interest on purchases. That saves the cardholder money and this card is welcomed at over 21 million worldwide.
This card is designed for the person has a balance on their credit card, who isn't interested in Frequent Flyer Miles or rewards points, but they want a really low interest rate. The card can also be used a personal loan substitute.
BankWest went national, leaving behind the local confines of Perth to gain more market share, and the Lite MasterCard is helping them accomplish exactly that. The no-frills approach that BankWest has provided is a low cost option for the consumer that needs it the most. They have focused on the consumer that cannot pay off their revolving in one month's payment.
Other features of the card are: up to 3 additional cardholders for free, up to 55 days interest free on purchases and 24/7 account access via BankWest Online Banking.
So when you're looking for a credit card that helps you get rid of your credit card debt, you just might want to consider the BankWest Lite MasterCard.