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Credit card comparison made easy

Join over 3 million Australians who compare credit cards and find their next one on Finder.

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Welcome to Credit Card Finder® where we've been researching and comparing credit cards for over 15 years. You can easily compare more than 270 Australian credit cards using our free tools. When you find one that suits, click Go to site and we'll take you securely to the bank's website.

1 - 22 of 22
Name Product Purchase rate p.a. Interest-free period Balance transfer rate p.a. Annual fee

Citi Premier Qantas Card

Citi Premier Qantas Card
0% for 6 months, reverts to 21.49%
Up to 55 days on purchases
0% for 6 months
$175 for the first year ($350 thereafter)
80,000 Bonus Qantas Points & First-Year Annual Fee Discount
Get 80,000 bonus Qantas Points when you spend $4,000 in the first 90 days and a 0% purchase rate offer. Plus, a first-year annual fee discount.

HSBC Platinum Credit Card

HSBC Platinum Credit Card
19.99%
Up to 55 days on purchases
0% for 36 months
$29 for the first year ($129 thereafter)
0% Balance Transfer Offer & $29 First-Year Annual Fee
Save money with a 0% balance transfer rate for 36 months (with no BT fee), a first-year annual fee discount and free travel insurance.

Citi Clear Card - Balance Transfer Offer

Citi Clear Card - Balance Transfer Offer
14.99%
Up to 55 days on purchases
0% for 36 months
$49 for the first year ($99 thereafter)
Long-Term 0% Balance Transfer Offer & First-Year Annual Fee Discount
Offers 0% p.a. on balance transfers for 36 months with no balance transfer fee. Plus, a first-year annual fee discount and complimentary insurance covers.

Kogan Money Black Card - Exclusive Offer

Exclusive
Kogan Money Black Card - Exclusive Offer
20.99%
Up to 55 days on purchases
0% for 30 months
$0
0% Balance Transfer Offer & $30 Kogan.com Credit
Save with a $0 annual fee and a 0% introductory rate on balance transfers. Plus, earn $30 Kogan.com Credit and uncapped rewards points. Ends 21 August 2022.

St.George Vertigo Card

St.George Vertigo Card
13.99%
Up to 55 days on purchases
0% for 32 months
$0 for the first year ($55 thereafter)
0% Balance Transfer Offer & $0 First-Year Annual Fee
Get a 0% interest rate on balance transfers for 32 months (with no balance transfer fee) and a $0 annual fee for the first year.

Citi Rewards Card - Purchase and Balance Transfer Offer

Citi Rewards Card - Purchase and Balance Transfer Offer
0% for 14 months, reverts to 21.49%
Up to 55 days on purchases
0% for 14 months
$0 for the first year ($149 thereafter)
Long-Term 0% Purchase and Balance Transfer Offer & $0 First-Year Annual Fee
Save with 0% on purchases and balance transfers for 14 months with no balance transfer fee. Plus, $0 first-year annual fee.

Coles No Annual Fee Mastercard

Finder Award
Coles No Annual Fee Mastercard
19.99%
Up to 55 days on purchases
0% for 12 months
$0
20,000 Bonus Flybuys Points & $0 Annual Fee
Get 20,000 bonus Flybuys points when you spend $3,000 on eligible purchases in the first 90 days. Plus, an ongoing $0 annual fee.

Qantas Premier Platinum

Qantas Premier Platinum
19.99%
Up to 55 days on purchases
0% for 18 months with 1% balance transfer fee
$225 for the first year ($299 thereafter)
80,000 Bonus Points & First-Year Annual Fee Discount
Earn 80,000 bonus Qantas Points when you spend $3,000 in the first 3 months and save with a reduced first-year annual fee.

Citi Rewards Card - Velocity Points Offer

Citi Rewards Card - Velocity Points Offer
21.49%
Up to 55 days on purchases
0% for 15 months
$0 for the first year ($149 thereafter)
60,000 bonus Velocity Points & $0 First-Year Annual Fee
Earn 60,000 bonus Velocity Points when you spend $3,000 in the first 90 days. Plus, $0 first-year annual fee.

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

Virgin Australia Velocity Flyer Card - Balance Transfer Offer
20.74%
Up to 55 days on purchases
0% for 28 months
$0 for the first year ($129 thereafter)
$0 First-Year Annual Fee & Balance Transfer Offer
Get 0% p.a. on balance transfers for 28 months (with no BT fee). Plus, $0 annual fee in the first year.

Citi Premier Card - Velocity Points Offer

Citi Premier Card - Velocity Points Offer
21.49%
Up to 55 days on purchases
0% for 15 months
$300
Enjoy 100,000 bonus Velocity Points (worth $450 in eGift cards) when you spend $4,000 within the first 90 days.

St.George Amplify Platinum

St.George Amplify Platinum
19.49%
Up to 55 days on purchases
0% for 24 months with 1% balance transfer fee
$29 for the first year ($99 thereafter)
100,000 Bonus Points & First-Year Annual Fee Discount
Earn 100,000 bonus Amplify Points (worth $450 in gift cards) when you spend $3,000 in the first 90 days. Plus, a first-year annual fee discount and Kayo cashback offer.

Virgin Money No Annual Fee Credit Card

Virgin Money No Annual Fee Credit Card
0% for 12 months, reverts to 18.99%
Up to 55 days on purchases
0% for 12 months
$0
0% Balance Transfer and Purchase Rate Offers
Save with a $0 annual fee and 0% p.a. on balance transfers and purchases for 12 months.

American Express Qantas Business Rewards Card

American Express Qantas Business Rewards Card
0%
Up to 51 days on purchases
$450
120,000 Bonus Points Offer
ABN holders w/ $75,000 revenue. Get 120,000 bonus Qantas Points when you spend $3,000 in the first 2 months.

Virgin Australia Velocity Flyer Card - Bonus Points Offer

Virgin Australia Velocity Flyer Card - Bonus Points Offer
20.74%
Up to 55 days on purchases
0% for 18 months
$64 for the first year ($129 thereafter)
Up to 60,000 bonus Velocity Points
Get up to 60,000 bonus Velocity Points on eligible spending. Plus, a reduced first-year annual fee and a yearly $129 Virgin Australia Gift Voucher.

Citi Premier Card - Cashback Offer

Citi Premier Card - Cashback Offer
21.49%
Up to 55 days on purchases
0% for 6 months
$150 for the first year ($300 thereafter)
$600 Cashback & First-Year Annual Fee Discount
Receive $600 cashback when you spend $2,000 through Apple Pay or Samsung Pay in the first 90 days. Plus, save with a $150 first-year annual fee discount.

Qantas American Express Ultimate Card

Qantas American Express Ultimate Card
20.74%
Up to 44 days on purchases
$450
Up to 100,000 bonus Qantas Points
Up to 100,000 bonus Qantas Points (75k when you spend $3,000 in the first 3 months and 25k in year 2). Plus, a yearly $450 Travel Credit. Ends 23 August 2022.

Westpac Altitude Platinum Card

Westpac Altitude Platinum Card
19.99%
Up to 45 days on purchases
0% for 24 months with 1% balance transfer fee
$49 for the first year ($150 thereafter)
110,000 Bonus Points & First-Year Annual Fee Discount
Get 110,000 bonus Altitude Points (worth $350 cashback) when you spend $3,000 in the first 90 days. Plus, a $49 first-year annual fee discount.

American Express Platinum Business Card

American Express Platinum Business Card
0%
Up to 55 days on purchases
$1,750
450,000 Bonus Points Offer
ABN holders w/ $75,000 revenue. Get 450,000 bonus Membership Rewards points when you spend $12,000 in the first 3 months.

Westpac Altitude Black

Westpac Altitude Black
19.99%
Up to 45 days on purchases
0% for 24 months with 1% balance transfer fee
$99 for the first year ($250 thereafter)
140,000 Bonus Points & First-Year Annual Fee Discount
Earn 140,000 bonus Altitude Points when you spend $6,000 in the first 120 days. Plus, save with a reduced first-year annual fee.

American Express Platinum Edge Credit Card

American Express Platinum Edge Credit Card
20.74%
Up to 55 days on purchases
$195
$200 statement credit & 30,000 bonus points offer
Get a $200 statement credit when you spend $200 at Amazon.com.au. Plus 30,000 bonus Membership Rewards.

Westpac Low Rate Card - Cashback Offer

Westpac Low Rate Card - Cashback Offer
13.74%
Up to 55 days on purchases
6.99% for 12 months
$59
Up to $200 Cashback
A no-frills card offering up to $200 cashback: $50 each month you make at least $1,000 of eligible purchases for the first 4 months.
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Nicole-Pedersen-McKinnon
This article was fact-checked and reviewed by , an accredited and award-winning finance broker and industry mentor. Content has been updated for 2022.

Find some of the terms on this table a little confusing? We get it. Jump down to our glossary to learn about key features and how to compare cards.

What's happening in credit cards in August 2022?

American Express is running its Membership Month in August, with a range of special offers and events for people who have an Amex card. Some offers include 12% off eligible hotels booked through Agoda or Expedia (separate offers) and 15% back on dining at participating restaurants in Sydney, Melbourne and Brisbane.

Credit reports are becoming even more comprehensive, with details of financial hardship arrangements now reflected on your credit history for up to 12 months. This change became effective on 1 July 2022 but may not show up on your report straight away.

Hardship arrangements can include payment pauses or reduced repayments when something unexpected happens – such as job loss, sickness or natural disasters like the recent east coast floods. Here's a breakdown of what the changes mean for your credit score.

Recent research has shown that Buy Now Pay Later (BNPL) can have an effective interest rate of up to 276% when account and late fees are factored in.

"It's evident from our research that BNPL is not a free or low-cost option compared to credit cards," Dr Lien Duong, report author and senior lecturer at Curtin University's school of accounting, economics and finance said in a media statement.

And if you’re chasing points, here’s some inspiration from a woman who gets about $2,000 value from Flybuys every year.

Updated by Amy Bradney-George on 17 August 2022.

What is a credit card?

Let's take it back to basics.

A credit card is a convenient way to pay for things. While a debit card requires you to have money in your bank account to make a purchase, a credit card lets you borrow money which you then pay back over time, usually with interest.

It's an easy way to "get something for nothing", for a period of time at least. This is because you often have an amount of time (up to 55 days) to repay your balance before interest kicks in. You can also use credit cards to build reward points, which you can spend on flights, accommodation and more.

Some people use credit cards to improve their credit history. Banks like to see your history of managing credit and debts before approving a big loan (like a mortgage), so starting small with a low-limit credit card can kick-start this journey.

If you pay off your credit card balance on time, it can be like an interest-free loan. But if you can't pay on time, your purchases will begin collecting interest on top of the amount owed.

What types of credit cards are there?

Balance transfer credit cards

If you're struggling with existing credit card debt and are being charged a motza in interest rates, it might be time to explore balance transfer credit cards. These allow you to move your existing credit card debt over to a new balance transfer credit card, where you'll pay low – or no – interest for a certain amount of time.

Hot tip: Look for a balance transfer card with a low annual fee and a long introductory period. Also be sure to take note of any one-time balance transfer fee.

CardCurrent offerAnnual feeApply
Kogan Money Black card - Exclusive
Kogan Money Black Card - Exclusive Offer
Save with 0% p.a. interest on balance transfers for 30 months. Reverts to 21.74% p.a.$0

Go to site

No annual fee credit cards

This one kind of speaks for itself – you'll pay no annual fees on this card, either ongoing or just for the first year. If you're only going to use your card a few times a year and you plan on paying back your balance in full each month, a no annual fee card could be right up your alley as you'll have almost no additional expenses.

Hot tip: Keep an eye on interest rates if you carry a balance, as they can be pretty high on these cards.

CardCurrent offerAnnual feeApply
Coles No Annual Fee card
Coles No Annual Fee Mastercard
Get 20,000 bonus Flybuys points when you spend $3,000 on eligible purchases in the first 90 days. Ends 29 September 2022.$0

Go to site

Frequent flyer credit cards

Love to travel? Love to shop? Combine your passions and explore frequent flyer credit cards. Whenever you make a purchase on your card, you'll accumulate points which you can then redeem on sweet perks such as free flights, seat upgrades and even the newest iPhone.

Hot tip: Look for bonus points offers and other perks such as insurance and airport lounge passes.

CardCurrent offerAnnual feeApply
Citi Premier Qantas card
Citi Premier Qantas Card
Get 80,000 bonus Qantas Points when you spend $4,000 in the first 90 days and a 0% purchase rate offer.$175 annual fee for the first year ($350 thereafter)

Go to site

Low interest rate cards

Not sure if you're able to pay off your bill in full each month? A low interest credit card could help. These cards will allow you to buy what you need without racking up too much interest so you can keep your borrowing costs low.

Hot tip: Look for cards with interest rates of 14.99% p.a or less. Watch out for annual fees as they can be higher on these cards.

CardCurrent offerAnnual feeApply
St.George Vertigo card
St.George Vertigo Card
0% p.a. on balance transfers for 32 months, with no balance transfer fee. Reverts to 21.49% p.a.$0 annual fee for the first year (goes up to $55 thereafter)

Go to site

Rewards credit cards

Spend money and get rewarded? Sign us up! Rewards credit cards let you accumulate points every time you pay for something. Points can then be cashed in for shopping vouchers, petrol, frequent flyer points and more. If you're likely to spend more money on your credit card and pay your bill in full each month, this could be a good option for you.

Hot tip: Look for cards with an introductory or bonus points offer. This is usually the quickest way to build your balance.

CardCurrent offerAnnual feeApply
Qantas AMEX Ultimate card
Qantas American Express Ultimate Card
Up to 100,000 bonus Qantas Points (75k when you spend $3,000 in the first 3 months and 25k in year 2). Plus, a yearly $450 Travel Credit.$450

Go to site

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How to compare credit cards

Here's our breakdown of features and points you should know about.

Fee or featureWhat is it?What you should know
Annual feeThe amount you'll have to pay each year just to use the card.Higher annual fees usually mean more perks and rewards.
Purchase interest rateThe amount of interest you'll pay if you don’t pay your card off in full.The lower the interest rate, the less you’ll pay in potential interest.
Interest-free periodThe amount of time you'll get before you're charged interest on your purchases.More days give you more time to pay off your balance so you won’t be charged interest.
Balance transfer rateThe interest rate you’ll pay if you transfer a balance from another card.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 rateThe higher interest rate you’ll pay if you take cash out or make an equivalent transaction.Avoid cash advances unless it's an emergency.
Foreign transaction feeThe fee you'll be charged on purchases made in a foreign currency overseas or online.There are plenty of cards on the market with 0% foreign fees.
Rewards programOffers points and perks that you can earn for your spending.Common features include points, insurance, lounge passes and premium services.

Do I need a credit card?

We're going to be straight up – not everyone needs a credit card.

You don’t want to take on debt you don't really need, especially if you're paying interest on it.

There are also some types of people who might be more susceptible to spiralling debts. For example, people who tend to impulse shop could rack up unnecessary debt and get into hot water quickly.

If you have a plan for how you're going to use your card and how you're going to pay it off, a credit card can be a great addition to your wallet, helping you improve your credit score and accrue rewards points and benefits.

Did you know? Finder analysis shows that emergencies, rewards, big-ticket items and building up credit are the 4 most common reasons for taking out a credit card in Australia.

Should I or shouldn't I?

Still not sure if a credit card is for you? Let's revisit some of the pros and cons.

Pros

  • Flexibility! If you have a big purchase to make, a credit card can be a financial 'stop gap' that, used cleverly, 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.
  • Rewards. Everyone loves perks. Using a credit card could help you get frequent flyer points, cashback on your groceries, upgrades or even gift cards.

Cons

  • Debt. If you don't manage your credit card properly, you could get into debt. Credit card interest adds up quickly if you don't pay your balance on time, which could cost you hundreds (or thousands).
  • Potentially expensive. Compared to other loans, credit cards are relatively expensive. The average interest rate for an Australian credit card is around 20% while 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.

TL;DR: Credit cards have a mix of great perks and understandable risks. A good rule of thumb is to make sure you have a payment plan in mind and understand your limits.

How to use a credit card (and avoid debt!)

Yes, a credit card is convenient, but it also comes with a risk of debt. We already know that if you don't pay off what you owe each month, you'll be charged interest, so here are 3 tips to help you stay on top of your payments and make the most of your credit card without getting into debt.

  • Ask for a credit limit you know you can manage. Credit card companies determine your limit based on what you could "reasonably" afford to pay off over 3 years. But sometimes that means they give you access to thousands of dollars that you really don't need. Avoid temptation and request a specific credit limit when you apply.
  • Pay more than the minimum. Each month you'll get a statement explaining how much money you owe, the bare minimum you need to repay and a payment due date. If you only pay the minimum each month, your credit card debt could cost years (or even decades) to repay, so aim to pay off as much as possible.
  • Plan your repayments. Set a reminder in your calendar each month for the due date, or better yet, set up automated payments. You can also check out our handy credit card repayment calculator to help you budget.
  • Get help if you need it. If you realise you’re struggling with your credit card, call your bank or provider to see what support is available. You can also get free financial advice by calling the National Debt Helpline on 1800 007 007.
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77 Responses

  1. 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,

      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.

  2. Default Gravatar
    ArenSeptember 4, 2019

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

    • Default Gravatar
      NikkiSeptember 4, 2019

      Hello Aren,

      Yes, there are instant approval credit cards that you can easily apply for. You can use our comparison table to compare 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 criteria.

  3. 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,

      You may start comparing Velocity credit cards and Qantas credit cards using our comparison table. Once you have chosen a particular card, you may then click on the “Go to site” button and you will be redirected to the bank’s website where you can proceed with your application.

  4. 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,

      You may compare business credit cards with frequent flyer points for 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.

  5. 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

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