Credit Card Finder

If you want to rack up rewards, get a balance transfer, pay less interest or save on fees, we can help you find a credit card that works for you.

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Current credit card offers

There are many credit cards available and looking at a few options will help you find the one that's right for you. Check out the cards side by side in the table below and see more details about each one by clicking on the card's checkbox.

Data updated regularly
Name Product Purchase rate Interest-free period Annual fee Balance transfer rate
Citi Rewards Card - Balance Transfer Offer
21.49% p.a.
Up to 55 days on purchases
$49 annual fee for the first year ($149 p.a. thereafter)
0% p.a. for 30 months
30-Month Balance Transfer & Annual Fee Discount
Save on interest with 0% p.a. on balance transfers for 30 months with no balance transfer fee. Plus, a $49 first-year annual fee.
St.George Vertigo Classic
13.99% p.a.
Up to 55 days on purchases
$0 annual fee for the first year ($55 p.a. thereafter)
0% p.a. for 24 months
0% Balance Transfer Offer & $0 First-Year Annual Fee
Get 0% p.a. promotional balance transfer rate, with no balance transfer fee. Plus, save with a first-year annual fee waiver. Ends 2 Mar 2021.
NAB Qantas Rewards Signature Card
19.99% p.a.
Up to 44 days on purchases
$295 annual fee for the first year ($395 p.a. thereafter)
0% p.a. for 6 months with 2% balance transfer fee
Up to 130,000 bonus Qantas Points & First-Year Annual Fee Discount
Up to 130,000 bonus Qantas Points (100k when you spend $3,000 in the first 60 days and 30k after 12 months). Ends 28 February 2021.
Coles No Annual Fee Mastercard
0% p.a. for 12 months, reverts to 19.99% p.a.
Up to 55 days on purchases
$0
0% p.a. for 12 months
0% Purchase & Balance Transfer Offers
Save on new and existing interest charges with 0% p.a. on balance transfers and purchases for 12 months.
Citi Rewards Card - Bonus Points Offer
21.49% p.a.
Up to 55 days on purchases
$49 annual fee for the first year ($149 p.a. thereafter)
0% p.a. for 15 months
90,000 Citi Rewards Points and $100 Coles eGift Card
Receive 90,000 bonus Citi reward Points (worth $400 in gift cards) and a $100 Coles eGift Card when you spend $3,000 in the first 90 days.
Kogan Money Black Card - Exclusive Offer
20.99% p.a.
Up to 55 days on purchases
$0
0% p.a. for 24 months
0% Balance Transfer Offer & $50 Kogan.com Credit
Finder Exclusive
Save with a $0 annual fee and a 0% introductory rate on balance transfers. Plus, earn $50 Kogan.com Credit and uncapped rewards points.
ANZ Low Rate
12.49% p.a.
Up to 55 days on purchases
$0 annual fee for the first year ($58 p.a. thereafter)
0% p.a. for 20 months
0% Balance Transfer Offer & $0 First-Year Annual Fee
Save with 0% p.a. on balance transfers for 20 months (with no BT fee) and $0 first-year annual fee. Plus a 12.49% p.a. purchase interest rate.
ANZ Frequent Flyer Black
20.24% p.a.
Up to 55 days on purchases
$425
20.24% p.a.
120,000 Bonus Points & $200 back
Collect 120,000 bonus Qantas Points and $200 back when you spend $3,000 in the first 3 months. Plus, complimentary lounge passes.
Virgin Money No Annual Fee Credit Card
0% p.a. for 12 months, reverts to 18.99% p.a.
Up to 55 days on purchases
$0
0% p.a. for 12 months
0% Balance Transfer and Purchase Rate Offers
Save with an ongoing $0 annual fee and 0% p.a. on balance transfers and purchases for 12 months.
Bankwest Breeze Classic Mastercard
10.99% p.a.
Up to 55 days on purchases
$0 annual fee for the first year ($49 p.a. thereafter)
0% p.a. for 26 months with 2% balance transfer fee
0% Balance Transfer Offer & $0 First-Year Annual Fee
Save with 0% p.a. on balance transfers for 26 months (with a 2% BT fee) and $0 first-year annual fee. Plus, a 10.99% p.a. purchase interest rate.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
20.74% p.a.
Up to 55 days on purchases
$64 annual fee for the first year ($129 p.a. thereafter)
0% p.a. for 26 months
$129 Gift Voucher & Balance Transfer Offer
Get 0% p.a. for 26 months on balance transfers and a reduced first-year annual fee. Plus, $129 Virgin Australia Gift Voucher per year.
Citi Rewards Card - Velocity Points Offer
21.49% p.a.
Up to 55 days on purchases
$99 annual fee for the first year ($199 p.a. thereafter)
0% p.a. for 15 months
100,000 bonus Velocity Points
Enjoy 100,000 bonus Velocity Points when you spend $3,000 in the first 90 days. Plus, complimentary travel and purchase insurance.
Bendigo Bank Low Rate Credit Card
11.99% p.a.
Up to 55 days on purchases
$45
0% p.a. for 18 months with 2% balance transfer fee
Long-Term 0% Balance Transfer Offer
Save with 0% p.a. on balance transfers for 18 months (with a 2% BT fee). Plus a 11.99% p.a. purchase interest rate.
CUA Low Rate Credit Card
11.99% p.a.
Up to 55 days on purchases
$0 annual fee for the first year ($49 p.a. thereafter)
0% p.a. for 20 months
0% Balance Transfer Offer & $0 First Year Annual Fee
Take advantage of a 0% p.a. balance transfer rate for 20 months, $0 first year annual fee, and a low variable 11.99% p.a. interest rate on purchases.
Bankwest Zero Platinum Mastercard
17.99% p.a.
Up to 55 days on purchases
$0
2.99% p.a. for 9 months
No Annual Fee & 0% Foreign Transaction Fees
Offers a $0 annual fee, 0% foreign transaction fees, complimentary international travel insurance and a balance transfer offer.
Citi Simplicity Card
0% p.a. for 6 months, reverts to 21.49% p.a.
Up to 55 days on purchases
$0
0% p.a. for 6 months
No Annual Fee & 0% Balance Transfer Offer
Get 0% p.a. interest for up to 6 months on purchases and balance transfers. Plus, a $0 annual fee for life.
Coles Rewards Mastercard
19.99% p.a.
Up to 55 days on purchases
$0 annual fee for the first year ($99 p.a. thereafter)
0% p.a. for 18 months with 1.5% balance transfer fee
$100 off a Coles Supermarket Shop & $0 First-Year Annual Fee
Enjoy $100 off a Coles Supermarket, a $0 first-year annual fee and a 0% p.a. on balance transfers for 18 months (1.5% fee applies).
Latitude Gem Visa
24.99% p.a.
Up to 55 days on purchases
$99
0% Purchase Rate Offer
Enjoy 0% p.a. interest on purchases over $250 for 6 months, optional shopper's protection insurance and the convenience of Samsung Pay.
Citi Clear Card
0.9% p.a. for 15 months, reverts to 14.99% p.a.
Up to 55 days on purchases
$99
0.9% p.a. for 15 months
0.9% Purchase & Balance Transfer Offers
Save with 0.9% p.a. for 15 months on purchases and balance transfers. Plus, complimentary purchase insurance cover.
St.George Amplify Platinum - Qantas
19.74% p.a.
Up to 55 days on purchases
$99
0% p.a. for 15 months with 1% balance transfer fee
Balance Transfer Offer & 70,000 Bonus Points
Earn 70,000 bonus Qantas Points, plus enjoy 0% p.a. on balance transfers for 15 months. Ends 02 March 2021.
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Data updated regularly
$
% p.a.
Name Product Balance transfer rate Purchase rate Annual fee Amount saved
Citi Rewards Card - Balance Transfer Offer
0% p.a. for 30 months
21.49% p.a.
$49 annual fee for the first year ($149 p.a. thereafter)
Save on interest with 0% p.a. on balance transfers for 30 months with no balance transfer fee. Plus, a $49 first-year annual fee.
St.George Vertigo Classic
0% p.a. for 24 months
13.99% p.a.
$0 annual fee for the first year ($55 p.a. thereafter)
Get 0% p.a. promotional balance transfer rate, with no balance transfer fee. Plus, save with a first-year annual fee waiver. Ends 2 Mar 2021.
ANZ Low Rate
0% p.a. for 20 months
12.49% p.a.
$0 annual fee for the first year ($58 p.a. thereafter)
Save with 0% p.a. on balance transfers for 20 months (with no BT fee) and $0 first-year annual fee. Plus a 12.49% p.a. purchase interest rate.
Westpac Low Rate Card
0% p.a. for 24 months with 1% balance transfer fee
13.74% p.a.
$59
A low rate card offering 0% p.a. interest on balance transfers for the first 24 months and a $200 cashback offer.
Coles No Annual Fee Mastercard
0% p.a. for 12 months
0% p.a. for 12 months, reverts to 19.99% p.a.
$0
Save on new and existing interest charges with 0% p.a. on balance transfers and purchases for 12 months.
Virgin Money No Annual Fee Credit Card
0% p.a. for 12 months
0% p.a. for 12 months, reverts to 18.99% p.a.
$0
Save with an ongoing $0 annual fee and 0% p.a. on balance transfers and purchases for 12 months.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0% p.a. for 26 months
20.74% p.a.
$64 annual fee for the first year ($129 p.a. thereafter)
Get 0% p.a. for 26 months on balance transfers and a reduced first-year annual fee. Plus, $129 Virgin Australia Gift Voucher per year.
Bankwest Breeze Classic Mastercard
0% p.a. for 26 months with 2% balance transfer fee
10.99% p.a.
$0 annual fee for the first year ($49 p.a. thereafter)
Save with 0% p.a. on balance transfers for 26 months (with a 2% BT fee) and $0 first-year annual fee. Plus, a 10.99% p.a. purchase interest rate.
Coles Rewards Mastercard
0% p.a. for 18 months with 1.5% balance transfer fee
19.99% p.a.
$0 annual fee for the first year ($99 p.a. thereafter)
Enjoy $100 off a Coles Supermarket, a $0 first-year annual fee and a 0% p.a. on balance transfers for 18 months (1.5% fee applies).
Citi Rewards Card - Bonus Points Offer
0% p.a. for 15 months
21.49% p.a.
$49 annual fee for the first year ($149 p.a. thereafter)
Receive 90,000 bonus Citi reward Points (worth $400 in gift cards) and a $100 Coles eGift Card when you spend $3,000 in the first 90 days.
Bendigo Bank Low Rate Credit Card
0% p.a. for 18 months with 2% balance transfer fee
11.99% p.a.
$45
Save with 0% p.a. on balance transfers for 18 months (with a 2% BT fee). Plus a 11.99% p.a. purchase interest rate.
Citi Simplicity Card
0% p.a. for 6 months
0% p.a. for 6 months, reverts to 21.49% p.a.
$0
Get 0% p.a. interest for up to 6 months on purchases and balance transfers. Plus, a $0 annual fee for life.
Westpac Altitude Platinum Qantas
0% p.a. for 18 months with 1% balance transfer fee
20.49% p.a.
$99 annual fee for the first year ($200 p.a. thereafter)
Get 60,000 bonus Qantas Points when you spend $3,000 within 90 days. Plus, a first-year annual fee discount and a long-term balance transfer offer.
HSBC Platinum Credit Card - Balance Transfer Offer
0% p.a. for 26 months with 1% balance transfer fee
19.99% p.a.
$0 annual fee for the first year ($129 p.a. thereafter)
Enjoy a 26-month balance transfer offer, a first-year annual fee waiver and complimentary travel insurance.
Citi Rewards Card - Velocity Points Offer
0% p.a. for 15 months
21.49% p.a.
$99 annual fee for the first year ($199 p.a. thereafter)
Enjoy 100,000 bonus Velocity Points when you spend $3,000 in the first 90 days. Plus, complimentary travel and purchase insurance.
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Data updated regularly
Name Product Bonus points Rewards program Rewards points per $ spent Purchase rate Annual fee
NAB Qantas Rewards Signature Card
130,000
Qantas Frequent Flyer
1
19.99% p.a.
$295 annual fee for the first year ($395 p.a. thereafter)
Up to 130,000 bonus Qantas Points (100k when you spend $3,000 in the first 60 days and 30k after 12 months). Ends 28 February 2021.
ANZ Frequent Flyer Black
120,000
Qantas Frequent Flyer
1
20.24% p.a.
$425
Collect 120,000 bonus Qantas Points and $200 back when you spend $3,000 in the first 3 months. Plus, complimentary lounge passes.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
N/A
Velocity Frequent Flyer
0.66
20.74% p.a.
$64 annual fee for the first year ($129 p.a. thereafter)
Get 0% p.a. for 26 months on balance transfers and a reduced first-year annual fee. Plus, $129 Virgin Australia Gift Voucher per year.
St.George Amplify Platinum - Qantas
70,000
Qantas Frequent Flyer
0.5
19.74% p.a.
$99
Earn 70,000 bonus Qantas Points, plus enjoy 0% p.a. on balance transfers for 15 months. Ends 02 March 2021.
Westpac Altitude Platinum Qantas
60,000
Qantas Frequent Flyer
0.5
20.49% p.a.
$99 annual fee for the first year ($200 p.a. thereafter)
Get 60,000 bonus Qantas Points when you spend $3,000 within 90 days. Plus, a first-year annual fee discount and a long-term balance transfer offer.
Qantas American Express Ultimate Card
100,000
Qantas Frequent Flyer
1.25
20.74% p.a.
$450
Receive 100,000 bonus Qantas Points when you spend $3,000 within the first 3 months. Plus, a $450 Qantas Travel Credit each year.
Coles Rewards Mastercard
N/A
Flybuys
2
19.99% p.a.
$0 annual fee for the first year ($99 p.a. thereafter)
Enjoy $100 off a Coles Supermarket, a $0 first-year annual fee and a 0% p.a. on balance transfers for 18 months (1.5% fee applies).
Qantas American Express Premium Card
30,000
Qantas Frequent Flyer
1
20.74% p.a.
$249
Enjoy 30,000 bonus Qantas Points, 2 complimentary Qantas Club lounge invitations per year and the protection of complimentary insurance covers.
American Express Qantas Business Rewards Card
150,000
Qantas Business Rewards
1.25
N/A
$450
ABN holders w/ $75,000 revenue. Get 150,000 bonus Qantas Points, 2 yearly Qantas Club lounge passes and 3x points on eligible Qantas flights.
BankSA Amplify Platinum - Qantas
70,000
Qantas Frequent Flyer
0.5
19.74% p.a.
$99
Receive 70,000 bonus Qantas Points when you spend $1,500 each month for the first 3 months. Ends 02 March 2021.
Bank of Melbourne Amplify Platinum - Qantas
70,000
Qantas Frequent Flyer
0.5
19.74% p.a.
$99
Get 70,000 bonus Qantas Points when you spend $1,500 each month for the first 3 months. Ends 02 March 2021.
American Express Platinum Edge Credit Card
50,000
Membership Rewards Ascent
1
20.74% p.a.
$195
Receive 50,000 bonus Membership Rewards Points and $195 back when you spend $1,500 in the first 3 months. Plus, $200 Travel Credit each year.
American Express Explorer Credit Card
50,000
Membership Rewards
2
20.74% p.a.
$395
Get 50,000 bonus points when you spend $3,000 in the first 3 months. Plus, a $400 Travel Credit each year.
Qantas American Express Discovery Card
N/A
Qantas Frequent Flyer
0.75
20.74% p.a.
$0
Earn 0.75 Qantas Points for your everyday purchases, uncapped, and pay $0 annual fee for the life of the card on this no-frills frequent flyer card.
American Express Velocity Platinum Card
50,000
Velocity Frequent Flyer
1.25
20.74% p.a.
$375
Get 50,000 bonus Velocity Points when you spend $3,000 for the first 3 months. Plus, 100 Status Credits and luxury travel perks.
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*The credit card offers on this page are chosen from a range of credit cards available to us and are not representative of all the products available in the market. The use of the terms "best" and "top" are not product ratings and are subject to our disclaimer. There is no perfect order or perfect ranking system for the products we list on our Site, so we provide you with the functionality to self-select, re-order and compare products. The initial display order is influenced by a range of factors including conversion rates, product costs and commercial arrangements, so please don't interpret the listing order as an endorsement or recommendation from us. We're happy to provide you with the tools you need to make better decisions, but we'd like you to make your own decisions and compare and assess products based on your own preferences, circumstances and needs.

What is Credit Card Finder® and how can I use it?

Credit Card Finder® is a free, Australian-owned service that you can use to compare credit card offers from banks, credit unions and other financial institutions. We've been around since 2006 and keep a database of virtually every credit card on the market in Australia. You can compare cards by bank or brand, read credit card reviews and check out the latest introductory offers. You can use Finder's guides and tables to inform your decision and find the best credit card for you.

When you do find a credit card that you want to apply for, just click the "Go to Site" button in the table or review. This takes you to the official application page, where you can read the full terms and conditions before starting a secure, online application with the bank or lender. This also means that Finder doesn't collect your personal details or information during the application process.

February 2021 - Popular credit card offers on finder.com.au*

CategoryNameCardCurrent OfferAnnual Fee
Frequent FlyerQantas Premier PlatinumQantas Money Credit CardReceive 100,000 bonus Qantas Points and 75 bonus Status Credits when you meet the spend requirements.$199 first-year annual fee ($299 p.a. thereafter)
No Annual FeeColes No Annual Fee MastercardColes Credit CardGet 0% interest on purchases and balance transfers for the first 12 months with no balance transfer fee with this Coles credit card.$0 p.a.
Balance TransferCiti Rewards CardSave with 0% p.a. interest on balance transfers for the first 30 months with no balance transfer fee.$49 annual fee for the first year ($149 p.a. thereafter)
Low RateANZ Low Rate CardANZ Credit CardSave with 0% p.a. interest on balance transfers for the first 20 months with no balance transfer fee.$0 annual fee for the first year ($58 p.a. thereafter)

Types of credit cards

There are many different kinds of credit cards available in Australia and finding the right one for you depends on your current circumstances and future goals. You can check out the most common Australian credit card categories below.

Person holding phone and card over cityscape
No annual fee
Save on yearly credit card costs with a $0 annual fee credit card, including promotional offers and cards with no annual fee for life.
People grocery shopping
Rewards
Get rewarded as you spend with points, cashback and other goodies you can redeem with a rewards credit card.
Red and white plane flying in clouds
Frequent flyer
Compare frequent flyer credit cards that let you earn points on everyday purchases so you can redeem your next flight (or other reward) faster.
Young people on couches with laptops
Student
Manage your student expenses and establish your credit history by comparing a range of student credit cards.

How should you pick a credit card?

At first glance, it might seem like there are way too many credit cards to compare, but cards typically fall into two broad categories: one for spenders and one for savers. Here's how 2 cards (A for spenders, B for savers) stack up against each other and what to consider when looking at each feature.

Fee or FeatureCard ACard BComparison
Annual Fee$350$49The flat amount you'll pay per year just to use the card. Rewards and frequent flyer cards will typically charge a higher annual fee than those with fewer bells & whistles designed for people looking to save.
Purchase Interest Rate19.74% p.a.12.99% p.a.The amount of interest you'll pay on your balance if you don't pay it off by the due date. The lower the interest rate, the better. However, if you never carry a balance, this doesn't need to be a major consideration.
Interest-Free Period55 days55 daysThe maximum amount of time you'll get before you're charged interest on purchases. The longer the better and outside of introductory promotions, most cards offer between 44 - 62 days.
Balance TransferN/A0% p.a. for 20 months with 1.5% feeIf you decide to transfer debt from another card, this is the interest rate you'll pay on the amount and for how long. The lower rate, longer time and lower fee, the better.
Cash Advance Rate21.99% p.a.22.99% p.a.What you'll pay if you make a cash-equivalent transaction, and usually what the balance transfer reverts to after the intro period. You will not get any interest-free days, so this cost can add up quickly.
Foreign Transaction Fee0%$3 or 3%, whichever is greaterThe amount you'll be charged on purchases made in a foreign currency overseas or online, charged as a percentage of the transaction amount. The lower this fee, the better.
Rewards ProgramFrequent FlyerN/AThe kind of points (if any) you'll earn for your spending. These rewards are potentially very valuable if you use them. Common programs include frequent flyer, bank rewards and supermarket loyalty schemes.
Bonus Points100,000N/AAny introductory bonus point offer available. You'll have to meet a spend requirement to get them and these are typically worded like "100,000 bonus points when you spend $3,000 in the first 90 days".
Points / $1 Spent1N/AHow many points (if any) you'll earn for your eligible spending. It's important to pay attention to how many points you earn, as well as what those points are worth when you go to redeem them.
Insurance CoversPurchase & travelPurchaseAvailable insurance covers (if any) that are included with the card. Common types include overseas medical insurance, extended warranty cover, price guarantees and and purchase protection.
Contactless PaymentsCompatibleCompatibleMost credit cards in Australia let you tap to pay and are compatible with digital contactless payment platforms, including Google Pay, Apple Pay, Samsung Pay and more.
Other PerksLounge passesN/AMore premium offerings like black and platinum-tier cards, can feature perks like airport lounge passes, free wine when you dine, complimentary hotel stays and more.

Some Australian credit card providers we review

If you already have a bank or lender in mind, you can use Finder's comprehensive guides to review the bank's current credit card offers. If the provider you're interested in isn't on this table, click here to see the full list of providers.

AMEX logoANZ logoBankwest logo
Citi logoColes logoCBA logo
HSBC logoNAB logoQantas Money logo
St.George logoVirgin logoWestpac logo

Credit card fast facts

  • Credit cards vs. debit cards. The difference between a credit card and a debit card is whose money you're spending. When you use a debit card, even if you tap and use Mastercard or Visa debit, you're spending your own money. To make a purchase using your debit card, you have to have those funds in your transaction or savings account first. When you spend on a credit card, you're borrowing money from the lender that you'll eventually have to pay back. This means you don't have to have any dollars to your name to make purchases, and unfortunately also where spending on a credit card can get you into trouble.
  • How credit card companies make money. There are two main ways credit card companies make money:
    • Fees: annual fees, late fees, cash advance fees, interchange fees, etc.
    • Interest: typically, when you carry a balance from month to month you'll be charged interest on the balance.
  • Security measures. Most people associate credit cards with secure purchasing and protection thanks to their zero liability policies. These make it so that if an unauthorised or fraudulent charge is made on your account, you won't be held responsible for it.
  • Using a credit card at the ATM. While you can withdraw money from an ATM using your credit card, it will cost you and should be an absolute last resort. On top of being charged a cash advance fee, you'll also be charged interest on the amount at the higher cash advance rate and won't get the interest-free grace period.
  • The difference between Visa and Mastercard. Neither Visa nor Mastercard actually issue credit cards, they are the networks that process the transaction between the issuer (eg. NAB) and the merchant (eg. Bunnings). There is almost no difference between the two. Both are widely accepted around the world and offer similar perks and benefits. When choosing a new card, other features and fees are more important than the logo in the corner.
  • Credit card numbers. Credit card numbers are 16 digits long. The first one or two digits represent whether its a Visa, Mastercard or American Express. Digits 2 - 6 represent the financial institution or bank that issued the card, and the following 9 digits represent the account number. The final digit is a "check" number, used to verify that the card number is valid. The CVV number is the 3 or 4 digit security number on the back of the card.
Promoted
0% p.a. for 30 months on balance transfers with no balance transfer fee. $49 annual fee for the first year ($149 p.a. thereafter).

The pros and cons of credit cards

Pros

  • Flexibility. If you've got a big purchase to make or a bill to pay but don't have the cash in the bank, a credit card can give you the money you need. You can then pay it back straight away or over time.
  • Convenience. Credit cards are easy to use when you're shopping in-store, online and overseas. As well as an actual card, many options also offer mobile payments. Credit cards also come with multiple layers of security and fraud protection, so your money is safe even if something happens to your card details.
  • Rewards. Using a credit card can give you "something for nothing". As long as the rewards you earn are more valuable than the cost of any interest and annual fees, credit cards can be a great way to get cashback, merchandise, frequent flyer points and more.

Cons

  • Debt. Credit cards are an easy way to get into debt if they are not managed properly. On top of spending money you don't actually have, credit card interest costs add up quickly if you don't pay your balance back in full.
  • Cost of borrowing. Compared to some other loan products, credit cards are relatively expensive. The average interest rate for an Australian credit card is about 17% and the annual fees can eat into your budget on some of the more premium cards.
  • Surcharges. Some businesses add a surcharge to credit card payments to cover the cost of processing. These surcharges are becoming less common but where applied, will usually add between 1% - 2% to the total purchase cost.

Frequently asked questions about credit cards

What is a credit card?

Credit cards let you borrow money at the time of purchase. This is useful when you don't have enough money or don't want to pay the entire amount immediately. If you pay off your balance on time, the credit card is like an interest-free loan from the purchase date until the payment due date. If you're unable to do this, your purchases will begin collecting interest on top of the amount owed. Credit cards are issued by many banks in Australia, but the majority belong to the global payment networks of Mastercard, Visa or American Express.

What do I need to get a credit card?

All credit cards have eligibility criteria you need to meet to be approved. These include age (you must be at least 18 years old), minimum income, residency status and credit history. Cards with more perks and features tend to have stricter requirements than typical "starter" or "no frills" cards. When you're applying, you'll also need to provide proof of your income, residency, identification and information about your assets, expenses and liabilities.

What will getting a credit card do to my credit score?

Every time you apply for a credit card, it will be recorded on your credit file. Whether you're approved for the credit card, your credit limit and whether or not you make timely repayments will all impact your credit history.When you apply for credit in the future, whether it's for a credit card, personal loan or mortgage, the lender will base part of their decision on your credit score. If you have a bad credit history and low credit score, you're unlikely to be approved for a credit card.

Can I get a credit card with a bad credit history?

Having a poor credit history doesn't automatically disqualify you from getting a new credit card, but it will make it more difficult. It's wise to speak to your current bank or lender before applying for a card online. If a credit card isn't presently an option, an unsecured personal loan could be a viable option.

How do I choose the right credit card for me?

When deciding on a credit card you'll need to consider your current financial circumstances and your future financial goals, and then compare cards to find the one that best fits your situation.

  • Current financial circumstances: How much you can afford to spend, how much you can afford to repay and how much credit you can manage.
  • Financial goals: Financial goals can include major purchases, travel aspirations, building credit history, consolidating existing debt and many others.
  • Card features to compare: Not all features will be equally important to every person. For example, if you aren't interested in rewards points the earn rate won't be relevant to you. Some primary features to look at include: the annual fee, interest rates, interest-free period, availability of rewards or frequent flyer points, balance transfer offer and the eligibility criteria.
Find the credit card you want by looking at different card types or banks, or read our guides to decide.
Find
Compare the latest Australian credit card offers in our credit card comparison tables to reach an informed decision.
Compare
Apply for your new credit card securely via the bank or lender's online credit card application form.
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79 Responses

    Default Gravatar
    RobOctober 8, 2019

    Hi expert, I am a NZ citizen staying in Australia with the Special Category Visa. Most of the banks/financial institutions require the applicant to at least have the long term work visa. Is there any that allow me to apply using my SCV ? Thanks

      Default Gravatar
      NikkiOctober 10, 2019

      Hi Rob,

      Thanks for getting in touch! All of the banks have their own criteria for residency, which unfortunately are subject to a lot of change (not just the criteria, but the visas themselves). ANZ does not give a requirement for which visa you have, as long as there are at least 9 months remaining. AMEX are often quite easy to deal with. It would be best to give your preferred banks a call directly to obtain more information. Another tip would be to go to the bank with which you have your transaction account and see what they can do for you.

      As a friendly reminder, review the eligibility criteria, fees, interest rates, and terms & conditions of this account before applying. You may also contact the bank should you have any questions about their product.

      Hope this helps!

      Best,
      Nikki

    Default Gravatar
    ArenSeptember 4, 2019

    Are there banks in Australia which has credit card instant approval?

      Default Gravatar
      NikkiSeptember 4, 2019

      Hello Aren,

      Thanks for your message. Yes, there are credit cards that you can easily apply for getting approved and you can get started by viewing this page. On the page, you will find a table that compares the features and benefits of each credit card provider such as purchase rate, balance transfer rate, fees, and credit limits. This way it will be easier for you to see which provider fits you best. It also shows how each type of card evaluates an application and how you would be able to meet their eligibility criteri.

      When you have chosen the right one for you, click the MORE INFO button if you want to read more about the brand through Finder page reviews or click the GO TO SITE button to bring you to the main provider’s webpage. This is where you can start your application or get a quote. As a friendly reminder, carefully review the eligibility criteria of the loan before applying to increase your chances of approval. Read up on the terms and conditions and product disclosure statement and contact the bank should you need any clarifications about the policy.

      Hope this helps and best of luck on your application!

      Cheers,
      Nikki

    Default Gravatar
    KathrynMarch 26, 2019

    I am after a Visa or Mastercard with the highest rate of points earn per $ spent for Velocity or Qantas.

      Avatarfinder Customer Care
      JeniMarch 28, 2019Staff

      Hi Kathryn,

      Thank you for getting in touch with Finder.

      You may check out this page to stage to start comparing cards that earn Velocity points and this page for credit cards that earn Qantas points. The Rewards per dollar spent column would help you choose which card to go with.

      Please make sure though to read the eligibility criteria, features and details of the card, as well as the relevant PDS/ T&Cs of the card before making a decision and consider whether the product is right for you.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

    Default Gravatar
    PatrickFebruary 28, 2019

    I have American Express cards and I am wanting a Visa or Mastercard have excellent history with current provider.

      Avatarfinder Customer Care
      JeniMarch 2, 2019Staff

      Hi Patrick,

      Thank you for getting in touch with Finder.

      Good to know that you have an excellent credit history.

      Regarding your query on applying for a Visa or Mastercard credit card, kindly check out these pages to compare credit cards that would suit your needs.

      Visa credit cards: https://www.finder.com.au/credit-cards/visa-credit-cards
      Mastercard credit cards: https://www.finder.com.au/mastercard-credit-cards

      Please refer to the comparison table and you may compare credit cards by looking at their fees, terms and rates as well.

      Once you’ve chosen a provider, you may click on the “Go to site” to be redirected to their official page where you can check more details or even start your application.

      Please make sure though to read the eligibility criteria, features and details of the card, as well as the relevant PDS/ T&Cs of the card before making a decision and consider whether the product is right for you.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

    Default Gravatar
    ToddFebruary 4, 2019

    Hi I am looking for a business credit card to earn us maximum frequent flyer points

      Default Gravatar
      AshFebruary 6, 2019

      Hi Todd,

      Thank you for contacting finder.

      You may compare the Business Credit Card at this page that will let you earn Frequent Flyer Points from your eligible spending. You may use the earned points for rewards such as business flights, flight upgrades, accommodation and cashback for you and your employees.

      Please make sure though to read the eligibility criteria, features and details of the card, as well as the relevant PDS/ T&Cs of the card before making a decision and consider whether the product is right for you.

      I hope this helps.

      Do not hesitate to reach out again to us if you have additional questions.

      Cheers,
      Ash

    Default Gravatar
    peterJanuary 25, 2019

    I had a CTB credit card for many years and used it to travel overseas with the travel insurance. I did not think we would be travelling again and surrendered it last June. Do you still have that sort of card? My record is on the computer. Did pay I think $90 per year?

    Please help.

      Avatarfinder Customer Care
      JeniJanuary 27, 2019Staff

      Hi Peter,

      Thank you for getting in touch with finder.

      Regarding your query on getting your old credit card back, kindly contact the credit card issuer that you had your old card with to verify if the account is still open or not. If it’s still open, you may request for a replacement card to be sent out since you are travelling again and might use the complimentary travel insurance your card has.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

    Default Gravatar
    johannesJanuary 10, 2019

    my card is lost and need a replacement card how do I get it?

      Avatarfinder Customer Care
      JohnJanuary 11, 2019Staff

      Hi Johannes,

      Thank you for reaching out to finder.

      Depending on the card you have, you may need to contact your customer service department immediately to close your lost card. They will also be the one you need to reach out to in getting a replacement sent to your address. Hope this helps!

      Cheers,
      Reggie

    Default Gravatar
    KerryDecember 29, 2018

    I am travelling to UK and Ireland. Obviously looking at the best cards to travel with. I am considering the Qantas Travel Card and the 28 degrees credit card. Is there any other cards I should consider? I have gone through the websites to try and identify the best ones but I find it very confusing. What would you suggest?

      Avatarfinder Customer Care
      JeniDecember 30, 2018Staff

      Hi Kerry,

      Thank you for getting in touch with finder.

      Since you’re looking for a credit card to use for your trip to Ireland and UK, you’re currently at the right page. At the dropdown menu, choose stop paying foreign fees and you’ll be redirected to this page. On that page you may compare credit cards with 0% foreign fees and will let you save money when you shop overseas.

      You may also find our travel money guide pages helpful since you want to know which cards would let you save more while exploring the world.

      I hope this helps.

      Please feel free to reach out to us if you have any other enquiries.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

    Default Gravatar
    ParthDecember 6, 2018

    Does this work?

      Avatarfinder Customer Care
      JohnDecember 10, 2018Staff

      Hi Parth,

      Thank you for leaving a question.

      Yes, the comparison website works for our Credit card finder. Kindly review and compare your options on the table displaying the available providers. Once you have chosen a particular provider, you may then click on the “Go to site” button and you will be redirected to the provider’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. Hope this helps!

      Cheers,
      Reggie

    Default Gravatar
    SaiOctober 17, 2018

    I’m searching for a credit card which can be applied by a temporary resident, Visa 482 (formerly 457). The search results are showing as of 2017, can you please let us know the list of credit cards that can be applied by a temporary resident, we followed that link and found that many banks are now not offering any credit cards for a temporary resident.

    Please help me on this request, appreciate your help!

    Regards,
    Sai

      Avatarfinder Customer Care
      JohnOctober 17, 2018Staff

      Hi Sai,

      Thank you for leaving a question.

      Please click on this link to be routed to our up to date review page on credit cards for temporary residents. Kindly review and compare your options on the table displaying the available providers. Once you have chosen a particular provider, you may then click on the “Go to site” button and you will be redirected to the provider’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.Hope this helps!

      Cheers,
      Reggie

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