6 Month Interest Free Credit Card

Want to save on card costs? Here’s how you can get 6 months interest free on a credit card with an introductory 0% p.a. offer.

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Mother and daughter paying for groceries with credit card.

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If you're looking for a new credit card, you could enjoy 6 months interest-free on purchases or a balance transfer when you get a card that has a 0% p.a. introductory offer. Some of these cards also offer more than 6 months interest-free as part of the introductory period. Here, you can compare interest-free credit card offers, learn how 6 months interest-free periods work on credit cards and get answers to some frequently asked questions about this type of credit card offer.

Compare interest-free credit cards

Data indicated here is updated regularly
$
Name Product Purchase rate Balance transfer rate Annual fee Interest-free period Amount saved
Bendigo Bank Low Rate Credit Card
0% p.a. for 15 months, reverts to 11.99% p.a.
13.99% p.a.
$45
Up to 55 days on purchases
Get 0% p.a. on purchases for 15 months and a $150 Woolworths Supermarket gift card when you spend $1,000 in the first 90 days. Ends 31 Jan 2021.
Coles No Annual Fee Mastercard
0% p.a. for 12 months, reverts to 19.99% p.a.
0% p.a. for 12 months
$0
Up to 55 days on purchases
Save on new and existing interest charges with 0% p.a. on balance transfers and purchases for 12 months. Ends 31 January 2021.
Citi Clear Card
0.9% p.a. for 15 months, reverts to 14.99% p.a.
0.9% p.a. for 15 months
$99
Up to 55 days on purchases
Save with 0.9% p.a. for 15 months on purchases and balance transfers. Plus, complimentary purchase insurance cover.
St.George Vertigo Platinum
0% p.a. for 15 months, reverts to 12.99% p.a.
6.99% p.a. for 12 months
$49 annual fee for the first year ($99 p.a. thereafter)
Up to 55 days on purchases
Features an introductory 0% p.a. purchase rate, $49 first year annual fee and complimentary travel insurance covers.
Bank of Melbourne Amplify Platinum
0% p.a. for 7 months, reverts to 19.74% p.a.
0% p.a. for 22 months with 1.5% balance transfer fee
$0 annual fee for the first year ($99 p.a. thereafter)
Up to 55 days on purchases
Enjoy 0% p.a. on purchases and balance transfers along with a $0 first year annual fee waiver.
St.George Rainbow Vertigo Platinum
0% p.a. for 15 months, reverts to 12.99% p.a.
6.99% p.a. for 12 months
$49 annual fee for the first year ($99 p.a. thereafter)
Up to 55 days on purchases
All the platinum features of the Vertigo Platinum Visa with a rainbow design in support of the LGBT community.
St.George Amplify Platinum
0% p.a. for 7 months, reverts to 19.74% p.a.
0% p.a. for 22 months with 1.5% balance transfer fee
$0 annual fee for the first year ($99 p.a. thereafter)
Up to 55 days on purchases
Save with 0% p.a. interest rates on purchases and balance transfers. Plus a $0 first-year annual fee.
Citi Simplicity Card
0% p.a. for 6 months, reverts to 21.49% p.a.
0% p.a. for 6 months
$0
Up to 55 days on purchases
Get 0% p.a. interest for up to 6 months on purchases and balance transfers. Plus, a $0 annual fee for life.
BankSA Amplify Platinum
0% p.a. for 7 months, reverts to 19.74% p.a.
0% p.a. for 22 months with 1.5% balance transfer fee
$0 annual fee for the first year ($99 p.a. thereafter)
Up to 55 days on purchases
Save with a 0% p.a. for up to 22 months on balance transfers and up to 7 months on purchases. Plus a $0 first-year annual fee.
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Frequently asked questions

Learn how these credit cards work and get answers to the most frequently asked questions.

How does a 0% for 6 months credit card offer work?

If you're approved for a credit card that charges 0% on purchases or balance transfers, the interest-free period will begin as soon as the card is activated. You won't be charged interest on the relevant balance for the first 6 months that you hold the card. Each month, your statement will detail how much longer the interest-free period will apply.

How will a credit card with 6 months interest-free benefit me?

These cards charge no interest on purchases, balance transfers or both for 6 months. You can take advantage of one of these offers to save on credit card costs, avoid debt or repay an existing credit card balance faster with no interest. You can use the comparison table above to enter how much you plan to spend and sort the cards by how much you could potentially save.

What transactions will qualify for no interest?

This depends on the type of card you get. If it offers 0% on purchases, everyday transactions such as grocery shopping, travel bookings and online shopping won't be charged interest for 6 months. Eligible purchases don't include cash advance transactions (such as ATM withdrawals or gambling purchases).

If the card offers 0% on balance transfers, the debt that you move across from your existing card won't collect interest for the promotional period. However, other transactions such as purchases and cash advances will be charged the relevant interest rates.

What happens when the interest-free promotion has ended?

When the interest-free period ends – after the first 6 months or longer, depending on the offer – any outstanding balances from your purchases or balance transfers will be charged interest at the revert rate. This is usually the standard purchase rate for purchases (between 8.99% p.a. and 21% p.a.) and the cash advance rate for balance transfers (usually 17.99-20.99% p.a.).

Do I have to make any repayments with an interest-free offer?

Even if your card charges 0% interest, you need to make repayments each month. You're required to make the minimum monthly repayment each month (which is usually around 2% or 3% of the outstanding balance) or you'll be charged a late payment fee. However, it's wise to pay off as much as you can and create a repayment plan for yourself to ensure that you clear the debt before interest applies. For example, let's say that your card charges 0% on purchases for 6 months and you plan to spend $2,000. You would need to repay around $333 each month to clear the balance before the 6-month interest-free period ends.

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4 Responses

    Default Gravatar
    AaronMarch 6, 2018

    Hi,

    Im looking for a credit card with a three month interest free period that is ongoing (not just introductory)

    Do you know of any products that are on offer?

      Avatarfinder Customer Care
      DeeMarch 7, 2018Staff

      Hi Aaron,

      Thanks for your question.

      Upon checking, we don’t have any credit card in our panel that offers up to 3 months of ongoing interest-free period.

      We do have credit cards with up to 55 interest-free days. You may check them on this page.

      Cheers,
      Anndy

    Default Gravatar
    GauravdeepDecember 29, 2014

    Can you please advise me which card offers 6 months interest free attributes. My income is 94K yearly, let me know which one i can apply for.

      Avatarfinder Customer Care
      ElizabethDecember 29, 2014Staff

      Hi Guaravdeep,

      Thanks for your question.

      You can compare 0% p.a. for six month balance transfer credit cards on this page, as well as balance transfer offers for other periods. You can also compare purchase offer credit cards on this page (it features cards with 6 months+ purchase rate offers).

      In terms of what cards you’re eligible for, we list the eligibility criteria on the bottom of each of our review pages. When you find a card you like the sound of, click ‘more’ to read an independent review and see if you’re eligible. When you’re ready to know more about applying, click ‘Go to Site’.

      I hope this has helped.

      Thanks,

      Elizabeth

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