My top tip for comparing credit cards is to decide what's most important to you at the beginning. Is it a low interest rate? Low annual fee? Big bonus points offer? Maybe a balance transfer deal? For instance, I pay my balance in full each month and never pay interest, so I ignore the interest rates and don’t look at balance transfer offers. Knowing exactly what you want from your card helps you effectively compare and find the right card for you.
Sarah Megginson
Finance expert and head of editorial at Finder
Do you think I can get a credit card on a 550 credit score.
Hi Colleen,
Your credit score is just one of the factors credit card providers consider when you apply for a credit card. Your level of income, regular household expenses and any existing debts are some of the other details they will review when you apply. You can also check the eligibility criteria for a credit card you’re interested in applying for, or contact the provider to discuss your application. If you want to increase your chance of approval Finder also has a guide with credit card application tips that may be helpful
What is the best rewards business card for low FX rates or no fees? We are a small business that use alot of subscriptions overseas to the US.
Hi Adrian,
The ANZ Business Black Credit Card was named Best Business Rewards Credit Card 2023 and the NAB Qantas Business Signature was named Best Business Frequent Flyer Credit Card in the 2023 Finder Credit Card Awards. But while both of these cards earn points per $1, they also both have international transaction fees. This is relatively common for business credit cards but you may still want to compare others to see if there’s one with more features suited to your business.
You could also consider an expense management card that has no FX fees, such as those offered by Archa, Cape or Volopay (which offers a multi-currency facility). Not all of these accounts offer access to credit or a rewards program, so you’ll need to decide if they’re suitable. I hope this helps.
Hi, I am wondering if I can search credit cards for those that do not charge a foreign currency transaction fee as I will be heading overseas in December. Your assistance will be appreciated. Ian
Hi Ian,
Yes, Finder has a whole guide to credit cards with no foreign transaction fees, including a table where you can compare cards side-by-side. It also has insights on how this feature works and what else to consider when you’re choosing a card for travel or online shopping with businesses that are based overseas. I hope this helps.
I need a credit card for shopping online from outside Australia. I would like to know which card suits my needs best. I need a card with no international transaction fees plus rewards.
Hi Nisha,
You can use Finder’s guide to compare credit cards with no international transaction fees. There are also filters for rewards programs and other features. I hope this helps.
The address on my driver’s licence is different to the address where I’m staying. Will that mean my credit card application will be rejected?
Hi Jimbo,
Thanks for your question.
Banks and credit card companies ask for certain documents like your driver’s licence to be able to verify your identity (a process known as KYC, or Know Your Customer). As long as your driver’s licence matches up with the other documents you provide on your application you will be able to be verified.
I hope this helps,
Elizabeth