Credit Card Comparison Charts

How to make the most of comparison charts to help find the right card for you.

When it comes to comparing credit cards, there are a lot of different factors to consider. Don't let yourself be overwhelmed by interest rates, balance transfer offers or cash advance rates, and follow our handy guide on how to use our comparison tables to find the card with the features you need and the benefits you want.

What's a comparison chart?

A comparison chart is the bread and butter of Credit Card Finder It lists all the main features of the product you are looking at, whether that be credit cards, home loans, insurance products or travel money options. A comparison chart is the easiest way to compare products, as you can look at the same features across the range of products you have selected.

There are two types of comparison charts on Credit Card Finder, a general comparison chart and a more comprehensive chart. When you are on Credit Card Finder you can first simply find the type of product you want to look at in one of the menus. Once you have selected this product type you will be taken to a comparison chart that lists the main product features. Here you can select the specific products that you want to compare, and then you will be taken to the more comprehensive chart that compares your selected products.

Keep reading for our guide on how to use the comparison charts to find the most suitable product for you.

What kind of card do you need?

This is the most important question to ask yourself when choosing a credit card. Here are some things to consider when answering this question:

  • Interest rate

The interest rate offered by a card is the amount you are charged for outstanding balances. The effect of this rate depends on the type of spender you are. If you will use your credit card sparingly and feel confident that you will make your repayments in full for each month, then you needn't worry about the interest rate too much, although lower is always better. If you know you will run into some outstanding balances, try and calculate how much you will be charged. A card with a lower interest rate would be the ideal option.

  • Balance transfer rate

A balance transfer rate is the amount of interest you are charged when you bring over an existing balance from another credit card. Some cards have balance transfer rate offers of 0% p.a. for a limited period of time. If you are confident you can pay off your outstanding balance in this time then a card with a balance transfer rate offer may be a good option for you. Be sure to check what the rate will revert to when the period ends in case you don't pay off your balance.

  • Annual fee

Some providers charge you a fee for using the credit card. This is something to watch out for as they can be quite high.

  • Cash advance rate

The cash advance rate is the interest you are charged when you withdraw cash using your credit card. This should usually be used as a last resort.

How to use the comparison charts

Here's a quick guide on how to use the finder.com.au comparison charts.

  1. Select the types of credit card you want to compare
compare-step1
  1. Enter the relevant amounts at the top of the chart to get the rates that are relevant to you. When you see a credit card that looks good, check the box next to it. Once you have selected all the credit cards you are interested in select the 'compare' button at the top or bottom of the table.
compare-step2
  1. This will bring up a new table with a more detailed product comparison. Compare the features of the card, and click 'more' for more information. If you find a card that you want to purchase, simply click the 'Go to site' button.
compare-step3

Case Study: Sam

case-study-sam-photo

Sam has a $5,000 debt with her current card. She is paying 17% p.a. in interest and would like to transfer her debt to a card with a 0% p.a. balance transfer rate offer so she can catch up on her repayments.

She selects balance transfer rate credit cards on finder.com.au, inputs the amount owed on her current card and presses 'calculate'.

She can now see the interest she can save by transferring her balance.

compare-step4

Sam selects the credit cards that will save her the most money and presses 'compare' . She then weighs up the benefits and drawbacks of each option.

compare-step5

Key Takeaways

  • All of the cards offer balance transfer rates which last 12 months or longer, giving her plenty of time to pay off her debts without incurring interest.
  • All the cards have a reasonable interest free period of 55 days on purchases.
  • After selecting 'more' and reading about the cards, she can see that each card's balance transfer revert rate, excluding one, is less than the interest she is paying now.
  • Sam sees that three out of the four cards will charge her an annual fee which she will need to take into account when calculating her savings.
  • If she is planning on sticking with this card she should be aware of things like overseas ATM withdrawal fees, which are quite high on three of these cards.
  • Sam will need to check the application requirements to make sure she is eligible to apply for these cards.

Sam reads more about these cards and decides her ideal option could be the Westpac Low Rate Card.


What else should you keep in mind when using a comparison chart?

When you are comparing credit cards you should go through all the features of each card to make sure you understand everything about the product you are applying for. Here are a few other things to keep in mind when comparing cards using a comparison chart.

  • Application requirements. The application requirements will help you to determine whether you will be eligible for the credit card you are interested in. Some requirements include a minimum income or a good credit rating. Cards differ on their availability to temporary residents as well so be sure to check that.
  • Foreign currency fees. Credit cards also differ on their treatment of currency conversions. Some credit cards are more overseas-friendly and will charge you less of a fee, or no fee at all. If you are planning to use your card overseas you might want to opt for a card with a low currency conversion fee.
  • Overseas fees and replacement cards. If you are planning on using your card overseas the comparison chart will tell you what you will be charged at overseas ATMs to withdraw money or to check you balance. You can also see if you will be charged for overseas emergency card replacement.
  • Gambling transactions allowed. Gambling transactions are not treated by card providers as normal transactions, and as such different rules apply. Some providers, such as Citi, have a global policy not to authorise online gambling payments. Other card providers will allow them but treat them as cash advances.
  • Additional cardholders. If you are planning to use your credit card for family or business purposes and require additional cardholders then you can check if this is available on the comparison chart, and also if there are any associated fees.

Remember that whatever you need from your credit card, the first step to finding the perfect card is by comparing your options.

Credit Card Comparison

Rates last updated November 22nd, 2017
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
20.74% p.a.
0% p.a. for 18 months
$129 p.a.
Earn 3 bonus Velocity Points per $1 for the first 3 months, a first year annual fee refund and a yearly $129 Virgin Australia Gift Voucher.
St.George Vertigo Platinum - Online Offer
12.74% p.a.
0% p.a. for 24 months
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Platinum card benefits plus 0% p.a. for 24 months on balance transfers (with no BT fee) and $0 annual fee in the first year. Ends 13 December 2017.
HSBC Platinum Credit Card
19.99% p.a.
0% p.a. for 22 months with 2% balance transfer fee
$129 p.a.
Earn 1 Reward Point per $1 of eligible spend and receive complimentary travel and purchase protection insurances.
ANZ First Visa Credit Card
19.74% p.a.
0% p.a. for 16 months with 2% balance transfer fee
$30 p.a.
Get up to 44 interest-free days on purchases and take advantage of a low minimum credit limit.
Westpac Low Rate Card - Online Only Balance Transfer Offer
13.49% p.a.
0% p.a. for 24 months with 2% balance transfer fee
$59 p.a.
Take advantage of 0% p.a. for 24 months on balance transfers with a 2% balance transfer fee when you apply online by 31 January 2018.
Citi Rewards Platinum Credit Card
20.99% p.a.
0% p.a. for 24 months with 1.5% balance transfer fee
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
An introductory rate on balance transfers with a rewards program offer.
Citi Simplicity Card
19.99% p.a.
0% p.a. for 15 months with 1.5% balance transfer fee
$0 p.a.
Earn 5% cashback on eligible purchases (capped at $50 per month) for the first 90 days from card approval.
St.George Vertigo Visa - Online Offer
13.24% p.a.
0% p.a. for 18 months
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
Take advantage of 0% p.a. for 18 months on balance transfers (with no BT fee). Plus, $0 annual fee in the first year. Ends 13 December 2017.
HSBC Platinum Qantas Credit Card
19.99% p.a.
0% p.a. for 6 months
$199 p.a.
Receive 60,000 bonus Qantas Points when you meet the spend requirement and earn up to 1 Qantas Point per $1 spent.
ANZ Platinum Credit Card - Exclusive Offer
0% p.a. for 3 months (reverts to 19.74% p.a.)
0% p.a. for 12 months
$0 p.a. annual fee for the first year ($87 p.a. thereafter)
Exclusive to finder, receive 0% p.a. interest on purchases for 3 months and 0% p.a. on balance transfers for 12 months with no balance transfer fee.
NAB Premium Card
19.74% p.a.
0% p.a. for 20 months with 2% balance transfer fee
$90 p.a.
Offers 7 complimentary insurance covers, access to a 24/7 concierge service and special offers through Visa Entertainment.
ANZ Frequent Flyer Black
19.99% p.a.
$0 p.a. annual fee for the first year ($425 p.a. thereafter)
Receive 75,000 bonus Qantas Points when you apply online, are approved and spend $2,500 on eligible purchases in the first 3 months.
McGrath Pink Visa
4.99% p.a. for 8 months (reverts to 8.99% p.a.)
4.99% p.a. for 8 months
$40 p.a.
A basic, no-frills credit card with up to 55 days interest-free that donates half of the card's annual fee to the McGrath Foundation.
NAB Low Fee Card
19.74% p.a.
0% p.a. for 16 months with 2% balance transfer fee
$30 p.a.
Receive complimentary purchase protection insurance, special offers from Visa Entertainment and up to 44 days interest-free on purchases.
NAB Low Rate Platinum Card
0% p.a. for 9 months (reverts to 13.99% p.a.)
4.99% p.a. for 6 months
$100 p.a.
Enjoy the protection of 7 complimentary insurances including overseas travel and purchase protection insurance.
NAB Rewards Platinum Card
19.99% p.a.
0% p.a. for 6 months
$195 p.a.
Collect 60,000 bonus points when you spend $2,500 on everyday purchases within 60 days of account opening.
NAB Low Rate Credit Card
0% p.a. for 6 months (reverts to 13.99% p.a.)
4.99% p.a. for 6 months
$59 p.a.
This card offers a low introductory rate of 0% p.a. for 6 months on purchases. Plus 4.99% p.a. on balance transfers for 6 months.
American Express Essential Credit Card
14.99% p.a.
0% p.a. for 12 months with 3% balance transfer fee
$0 p.a.
Get Smartphone Screen Insurance of up to $500 when you pay for your phone or contract with your Essential Credit Card.
Qantas American Express Premium Card
20.74% p.a.
0% p.a. for 12 months with 1% balance transfer fee
$249 p.a.
Enjoy two complimentary Qantas Club lounge invitations per year and the protection of complimentary travel insurance.
American Express Velocity Escape Card
20.74% p.a.
0% p.a. for 12 months with 1% balance transfer fee
$0 p.a.
Earn uncapped Velocity points on purchases and redeem for a range of rewards including flights, accommodation, car hire and gift cards.
NAB Rewards Classic Card
19.99% p.a.
0% p.a. for 6 months
$95 p.a.
Earn 0.75 NAB Rewards Points per $1 spent and receive complimentary purchase protection insurance.
Greater Bank Visa Credit Card
11.95% p.a.
$40 p.a.
Same low 11.95% p.a. interest rate on purchases and cash advances, plus, up to 55 interest-free days on purchases.
Australian Military Bank Low Rate Visa Credit Card
10.99% p.a.
0% p.a. for 12 months
$49 p.a.
Enjoy up to 55 interest-free days on purchases, add an additional cardholder for $0 and enjoy the convenience of Visa payWave.
bcu Rewards credit card
12.80% p.a.
$89 p.a.
Enjoy a low ongoing purchase rate, get 0.66% cashback for every dollar spent, plus take advantage of up to 55 days interest-free on purchases.
bcu Classic Credit Card
11.80% p.a.
$45 p.a.
Enjoy a competitive interest rate of 11.8% p.a. on purchases, plus up to 55 days interest-free on purchases.

Compare up to 4 providers

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