Is there an interest-free period with a no or low annual fee credit card?
Most credit cards offer a number of interest-free days (such as up to 55) on purchases when you pay your account balance in full by the due date on your statement. This gives you a way to make interest-free purchases on an ongoing basis. If you're paying your account in full, taking advantage of interest-free days and paying no (or low) annual fees, you can keep your card costs to a minimum.
What is the minimum monthly payment?
The minimum amount you have to pay by the payment due date will be shown on your credit card statement. You can choose to pay the minimum payment - or pay more. If you choose to only make the minimum monthly payment, keep in mind that you will pay more interest and it will take you longer to pay off your balance. You would need to look at the individual card holders to determine the percentage charged.
Is Qantas Lounge access available with a no or low annual fee credit card?
Some no or low annual fee credit cards that earn Qantas Points offer Qantas Lounge Invitations, you will have to refer to the individual card issuers to find out more.