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Credit card comparison made easy

Compare credit cards with bonus points, balance transfers, low rates and more from our database of 82 Australian providers.

1 - 10 of 266
Name Purchase rate p.a. Bonus points Points per $ spent Interest-free period Balance transfer rate p.a. Annual fee
St.George Vertigo Card
Purchase rate p.a.
13.99%
Bonus points
N/A
Points per $ spent
N/A
Interest-free period
Up to 55 days on purchases
Balance transfer rate p.a.
0% for 32 months, then 21.49%
Annual fee
$55
Go to siteMore Info
Get a 0% p.a. interest rate on balance transfers for 32 months (with no balance transfer fee). Ends 27 February 2024.
Qantas Premier Platinum
Qantas Frequent Flyer
Purchase rate p.a.
19.99%
Bonus points
80,000
Points per $ spent
1
Interest-free period
Up to 55 days on purchases
Balance transfer rate p.a.
0% for 12 months, then 21.99%
Annual fee
$349 first year ($399 after)
Go to siteMore Info
Earn up to 80,000 bonus Qantas Points. Plus, save with a reduced first-year annual fee and 0% p.a. for 12 months on balance transfers.
Coles No Annual Fee Mastercard - Exclusive Offer
ExclusiveFlybuys
Purchase rate p.a.
19.99%
Bonus points
30,000
Points per $ spent
0.5
Interest-free period
Up to 55 days on purchases
Balance transfer rate p.a.
0% for 12 months, then 19.99%
Annual fee
$0
Go to siteMore Info
Get 30,000 bonus Flybuys points (worth $150 Flybuys Dollars) and save with an ongoing $0 annual fee.
humm90 Platinum Mastercard
Purchase rate p.a.
25.8%
Bonus points
N/A
Points per $ spent
N/A
Interest-free period
Up to 110 days on purchases
Balance transfer rate p.a.
0% for 12 months, then 25.99%
Annual fee
$99
Go to siteMore Info
Offers 0% p.a. on balance transfers for 12 months (with no balance transfer fee), instalment plan options and 0% foreign transaction fees. Ends 29 February 2024.
Kogan Money Card – Exclusive Offer
ExclusiveKogan Rewards Program
Purchase rate p.a.
20.99%
Bonus points
N/A
Points per $ spent
1
Interest-free period
Up to 55 days on purchases
Balance transfer rate p.a.
0% for 18 months with 1% balance transfer fee, then 21.74%
Annual fee
$0
Go to siteMore Info
Get 0% p.a. on balance transfers for 18 months with a 1% balance transfer fee. Plus an ongoing $0 annual fee.
NAB Low Rate Credit Card
Purchase rate p.a.
13.49%
Bonus points
N/A
Points per $ spent
N/A
Interest-free period
Up to 55 days on purchases
Balance transfer rate p.a.
0% for 28 months with 2% balance transfer fee, then 21.74%
Annual fee
$0 first year ($59 after)
Go to siteMore Info
Get a 0% p.a. interest rate on balance transfers for the first 28 months (with a 2% BT fee). Plus, save with a $0 first-year annual fee.
Qantas American Express Ultimate Card
Qantas Frequent Flyer
Purchase rate p.a.
23.99%
Bonus points
100,000
Points per $ spent
1.25
Interest-free period
Up to 44 days on purchases
Balance transfer rate p.a.
N/A
Annual fee
$450
Go to siteMore Info
Get 100,000 bonus Qantas Points when you spend $3,000 in the first 3 months. Plus, a yearly $450 Travel Credit.
Westpac Low Rate Card
Purchase rate p.a.
13.74%
Bonus points
N/A
Points per $ spent
N/A
Interest-free period
Up to 55 days on purchases
Balance transfer rate p.a.
0% for 28 months, then 21.49%
Annual fee
$59
Go to siteMore Info
Save with a 0% p.a. interest rate on balance transfers for 28 months. Plus, a low 13.74% p.a. purchase interest rate. Ends 27 February 2024.
Citi Clear Card - Exclusive Offer
Exclusive
Purchase rate p.a.
14.99%
Bonus points
N/A
Points per $ spent
N/A
Interest-free period
Up to 55 days on purchases
Balance transfer rate p.a.
0% for 24 months with 1.5% balance transfer fee, then 22.24%
Annual fee
$49 first year ($99 after)
Go to siteMore Info
Offers 0% p.a. on balance transfers for 24 months (with 1.5% balance transfer fee) and a $49 first-year annual fee. Plus, 6-month complimentary Uber One membership valued at $9.99/month.
Qantas Premier Everyday
Qantas Frequent Flyer
Purchase rate p.a.
19.99%
Bonus points
8,000
Points per $ spent
0.75
Interest-free period
Up to 55 days on purchases
Balance transfer rate p.a.
0% for 12 months, then 21.99%
Annual fee
$49
Go to siteMore Info
Get 2 bonus Qantas Points per $1 spent on eligible purchases in the first 4 months (up to 8,000 points), plus complimentary insurance.
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Showing 10 of 35 results

Find some of the terms in this table confusing? Jump down to our glossary to learn about key features and how to compare cards.

When comparing credit cards, decide what's most important to you. Is it a low interest rate? Low annual fee? Bonus frequent flyer points? Maybe a balance transfer deal? For instance, I pay my balance in full each month, so I ignore the interest rates and don’t look at balance transfer offers. Instead, I aim to find cards with a great points earning rate. Knowing exactly what you want, makes it easier to find the right card for you.

What types of credit cards are there?

There are 5 main types of credit cards. Here is a quick explanation of each one; every credit card is slightly different and you should find one that has features that matter to you.

Card typePrincipal useProsCons
Balance transferbalance transfer iconPay off existing debt with no / low interestSave money on interest and pay down debt fasterMinimal perks and no interest-free days on new purchases
Rewards / frequent flyerrewards iconEarn points on your spendingGet rewarded for money you’d spend anywayHigh interest rates & annual fees
No annual feecover iconCredit without an upfront costCosts nothing if you pay it off in full or don’t use it at allMinimal perks and higher interest rates
Low ratelow rate iconPay off purchases over time while paying less interestSaves you money if you carry a balance from month to monthMinimal perks
Businessbusiness iconManaging cash flow and separating spendingOffer distinct features for business (like accounting feeds)Stricter eligibility requirements

What is a credit card?

A credit card lets you spend money that you can pay back over time, usually with interest.

Unlike a debit card – where you need money in the bank – a credit card gives you a set amount you can spend (or borrow), known as your credit limit. You also get regular statements (usually monthly) and need to make repayments by the due date on them.

Want more details? Check out Finder’s guide to how credit cards work.

How to compare credit cards

Here's a breakdown of features and charges you should know about.

Annual fee

  • What is it? The amount you'll have to pay each year just to use the card.
  • What you should know: Higher annual fees usually mean more perks and rewards.

Balance transfer rate

  • What is it? The interest rate you’ll pay if you transfer a balance from another card.
  • What you should know:The lower the interest rate, the better. Most introductory offers are for 0% p.a. on your balance, but you may pay a one-time fee.

Cash advance rate

  • What is it? The interest rate you’ll pay if you take cash out or make an equivalent transaction.
  • What you should know: This is often the highest interest rate on a credit card, so avoid cash advances unless it's an emergency.

Credit card network

  • What is it? The payment system that processes all your credit card transactions. Visa, Mastercard, American Express and Diners Club are the key credit card networks in Australia.
  • What you should know: Banks and brands partner with Mastercard and Visa, so you'll see their logos on your cards. American Express issues cards and has its own network for processing payments. Diners Club has more limited availability and is leaving the Australian market.

Foreign transaction fee

Interest-free period

  • What is it? The amount of time you'll get before you're charged interest on your purchases.
  • What you should know: More days give you more time to pay off your balance so you won’t be charged interest.

Minimum repayment

  • What is it? The lowest amount you need to pay by the due date to keep your account in good standing.
  • What you should know: You can always (and should try to) pay more than the minimum amount. But paying less can lead to late payment fees and hurt your credit score.

p.a.

  • What is it? This abbreviation of “per annum” is used for credit card interest rates, because the annual (or yearly) value is shown.
  • What you should know: As an example, the interest you’d be charged over 12 months would be about 20% of your balance on a credit card with a 20% p.a. interest rate.

Purchase interest rate

  • What is it? The amount of interest you'll pay if you don’t pay your card off in full.
  • What you should know: The lower the interest rate, the less you’ll pay in potential interest.

Rewards program

  • What is it? Offers points and perks that you can earn for your spending.
  • What you should know: Common features include points, insurance, lounge passes and premium services.

Pros & cons of credit cards

Pros

  • Flexibility. If you have a big purchase to make, a credit card can be a financial "buffer" – letting you buy it and then repay it over time. If it’s used wisely, it can be interest free.
  • Convenience. Credit cards allow you to buy what you need, when you need it. You can use them to shop in-store, online and overseas, with security features to protect against fraud.
  • Rewards. Everyone loves perks. A credit card can help you get frequent flyer points, cashback on your groceries, flight upgrades or even gift cards.

Cons

  • Debt. Credit card interest adds up quickly if you don't pay your balance on time, which could cost you hundreds (or thousands) of dollars and take a long time to pay back.
  • Can be expensive. The average interest rate for an Australian credit card is around 20%, RBA stats show. In comparison, the average interest rate for a variable rate personal loan is 14.41%.
  • Sneaky fees and surcharges. Some businesses add a surcharge to credit card payments, which can be 1–2% of the total purchase cost.

Bottom line? Credit cards have a mix of great perks and understandable risks. A good rule of thumb is to have a plan for paying it off and using the benefits.

What's happening in credit cards in February?

Finder has announced the winners and finalists of the 2024 Finder Credit Card Awards. Winning credit cards include the ANZ Frequent Flyer Black (Best Frequent Flyer Credit Card - Qantas), Virgin Australia Velocity Flyer (Best Balance Transfer Credit Card) and American Express Low Rate Credit Card (Best Low Rate Credit Card).

This year, the Finder Credit Card Awards cover 12 categories – including balance transfer, low rate, rewards, frequent flyer and business cards – with expert analysis of 12 months of market data and a robust methodology.

February also marks a milestone for the credit card market in Australia, with personal Diners Club cards no longer able to be used. The brand also announced business and corporate accounts will be closed later in 2024. If you're looking for a replacement, you could compare rewards credit cards for personal use or a range of business cards on Finder.

Updated by Finder's credit card senior writer Amy Bradney-George on 20 February 2024.

Should I get a credit card?

For many Australians, using a credit card is an everyday part of life. But not everyone needs a credit card.

In fact, Finder research has found that 72% of Australians could manage their money without a credit card. They technically don't need a card but still have one for different reasons, including:

  • For emergencies
  • To earn rewards or frequent flyer points (which are not offered by most other accounts)
  • To make big purchases
  • To build credit history
  • To pay off debt and/or get a balance transfer

Some people also like the security of knowing that a credit card uses the bank's money, so you're not directly out-of-pocket when it comes to fraud. On the other hand, you shouldn't take on debt you don't need, especially if you're paying interest on it.

Impulse shoppers are typically more prone to credit card debt and could end up with a big balance and interest charges, which can take years to pay off.

Did you know? 2024 Finder research shows the average Australian with a credit card could save $222 over 32 months by switching cards.

Have questions about credit cards? We have answers

Why you can trust Finder's credit card experts

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We're independent

Unlike other comparison sites, we're not owned by a bank or lender. That means our opinions are our own and you can compare nearly every credit card in Australia on Finder.
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We're here to help

Since 2012, we've helped almost 6 million people find a credit card by comprehensively comparing offers. We'll never ask for your personal information. We're here to help you make a decision.

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109 Responses

    Default Gravatar
    MaureenJanuary 27, 2024

    Looking for credit card with no exchange fees etc when used overseas, plus free travel insurance, plus perhaps pays bonus points . Happy to pay small annual fee. I always pay full balance off each Month. What would be your recommendations? Thank you

    Default Gravatar
    rhiannonJanuary 9, 2024

    What’s a good credit card for a poor credit rating?

    Default Gravatar
    jackJanuary 5, 2024

    If you’re cancelling an Amex business card and apply for a new personal Amex card, do you get bonus reward points?

      AvatarFinder
      SarahJanuary 5, 2024Finder

      Hi Jack, If the Amex was in your personal name, then you may not be eligible for the bonus offer. According to their official policy: American Express Card Members who currently hold or who have previously held any Consumer or Small Business Card product in the previous 18 month period are ineligible for Welcome offers.

      If in doubt, contact them directly for confirmation just to be sure!

    Default Gravatar
    KonDecember 5, 2023

    Me , my wife and my 18 year old daughter will be travelling overseas next year for 7 weeks.
    Which credit card would ypu recommend which has $0 international transaction fees and complimentary travel insurance, with interest frees days and the lowest annual fees?
    Regards

      AvatarFinder
      AmyDecember 6, 2023Finder

      Hi Kon,

      The Bankwest Zero Platinum Mastercard was named Best Travel Credit Card in the 2023 Finder Credit Card Awards and has no international transaction fees, no annual fee, interest-free days and complimentary travel insurance for up to 31 days, which you can apply to extend for up to 3 consecutive months of travel. The CommBank Low Fee Gold Mastercard was also a finalist in this category of the Finder Credit Card Awards 2023 and offers similar features.

      Finder also has a guide on credit cards with travel insurance where you can compare a range of cards side-by-side. When considering cards, it’s a good idea to check the insurance policy details for who’s covered. In particular, the age requirements for dependents, which is typically children up to 16-24 years of age (but does depend on the policy). Interest-free days are common on most credit cards for purchases, typically when you pay the total amount listed on each statement by the due date. Just keep in mind that ATM withdrawals and other cash advances are not eligible for an interest-free period. I hope this helps.

    Default Gravatar
    JimNovember 29, 2023

    Hi there, I am looking for a credit card with the best travel insurance included. My wife and I often embark on long overseas trips (up to a year) and do not purchase a return ticket until we are ready to return. Can you advise on the best solution please. Thanks

      AvatarFinder
      AmyDecember 5, 2023Finder

      Hi Jim,
      Finder can only provide general advice and factual information, but we do have a comprehensive guide on credit cards with travel insurance that offers more details. I hope this helps.

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