Credit Card Finder

Whether you want to pay less interest, earn rewards or get a balance transfer, we can help you find an Australian credit card that works for you.

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Current credit card offers

Data indicated here is updated regularly
Name Product Purchase rate (p.a.) Interest-free period Annual fee Balance transfer rate Balance transfer rate
ANZ Low Rate - Exclusive Offer
12.49% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($58 p.a. thereafter)
0% p.a. for 25 months with 1.5% balance transfer fee
0% p.a. for 25 months with 1.5% balance transfer fee
0% Balance Transfer Offer
Finder Exclusive
Save with 0% p.a on balance transfers for 25 months (with a 1.5% BT fee) and $0 first year annual fee.
Westpac Low Rate Card
Finder Award
Westpac Low Rate Card
13.74% p.a.
Up to 55 days on purchases
$59 p.a.
0% p.a. for 20 months with 1% balance transfer fee
0% p.a. for 20 months with 1% balance transfer fee
Long-Term Balance Transfer Offer & $200 Cashback
A low rate card offering 0% p.a. interest on balance transfers for the first 20 months and a $200 cashback offer.
HSBC Platinum Credit Card - Balance Transfer Offer
19.99% p.a.
Up to 55 days on purchases
$129 p.a.
0% p.a. for 22 months
0% p.a. for 22 months
0% Balance Transfer Offer & Annual Fee Refund
Save with a 22-month balance transfer offer. Plus, lounge passes, travel insurance and an annual fee refund when you spend an eligible $6k/year.
Bankwest Breeze Classic Mastercard
0% for 15 months, reverts to 12.99% p.a.
Up to 55 days on purchases
$79 p.a.
2.99% p.a. for 9 months
2.99% p.a. for 9 months
0% Purchase Rate Offer
Save with an introductory rate of 0% p.a on purchases for 15 months and 2.99% p.a. on balance transfers for 9 months.
Skye Mastercard
23.99% p.a.
Up to 110 days on purchases
$49 p.a. annual fee for the first year ($99 p.a. thereafter)
Up to $300 cashback & 110 days interest-free
Get up to $300 cashback, 110 days interest-free on everyday purchases, 0% foreign transaction fees and flexible instalment plan options.
NAB Qantas Rewards Signature Card
19.99% p.a.
Up to 44 days on purchases
$295 p.a. annual fee for the first year ($395 p.a. thereafter)
0% p.a. for 6 months with 2% balance transfer fee
0% p.a. for 6 months with 2% balance transfer fee
Bonus Qantas Points Offer
Collect up to 130,000 bonus Qantas Points. Get 100k when you spend $3,000 on eligible purchases in the first 60 days and 30k after 12 months.
Bankwest Breeze Platinum Mastercard
0% for 15 months, reverts to 12.99% p.a.
Up to 55 days on purchases
$99 p.a.
2.99% p.a. for 9 months
2.99% p.a. for 9 months
0% Purchase Rate Offer
Get 0% interest on purchases for 15 months, complimentary travel insurance and no foreign transaction fees.
Coles No Annual Fee Mastercard
19.99% p.a.
Up to 55 days on purchases
$0 p.a.
0% p.a. for 18 months with 1.5% balance transfer fee
0% p.a. for 18 months with 1.5% balance transfer fee
No Annual Fee & 0% Balance Transfer Offer
Earn flybuys points for your spending and save with an ongoing $0 annual fee and 0% p.a. on balance transfers for 18 months.
ANZ Frequent Flyer Black
20.24% p.a.
Up to 55 days on purchases
$425 p.a.
20.24% p.a.
20.24% p.a.
100,000 Bonus Points & $150 back
Earn 100,000 bonus Qantas Points, 75 bonus Status Credits and $150 back when you spend $3,000 in the first 3 months with this premium card.
Coles Rewards Mastercard
19.99% p.a.
Up to 55 days on purchases
$99 p.a.
0% p.a. for 18 months with 1.5% balance transfer fee
0% p.a. for 18 months with 1.5% balance transfer fee
0% Balance Transfer Offer
Earn 2 flybuys points / $1 spent and save with a 0% balance transfer offer. Plus, 0% international transaction fees on purchases.
Virgin Money No Annual Fee Credit Card
18.99% p.a.
Up to 55 days on purchases
$0 p.a.
0% p.a. for 12 months
0% p.a. for 12 months
No Annual Fee & 0% Balance Transfer Offer
Offers 0% p.a. for 12 months on balance transfers and up to 55 days interest-free on purchases, all for a $0 annual fee.
American Express Qantas Business Rewards Card
N/A
Up to 51 days on purchases
$450 p.a.
150,000 Bonus Points Offer
ABN holders w/ $75,000 revenue. Get 150,000 bonus points, 3x points on eligible Qantas flights & 2 lounge passes per year.
St.George Vertigo Classic
0% for 7 months, reverts to 13.99% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
0% p.a. for 22 months with 1.5% balance transfer fee
0% p.a. for 22 months with 1.5% balance transfer fee
0% Purchase Rate & 0% Balance Transfer Offers
Get 0% p.a. promotional purchase and balance transfer rates and save with a first-year annual fee waiver.
Coles Low Rate Mastercard
12.99% p.a.
Up to 55 days on purchases
$58 p.a.
0% p.a. for 6 months
0% p.a. for 6 months
0% Balance Transfer Offer
Save with a low purchase interest rate, earn flybuys points as you spend and get up to 55 days interest-free.
Qantas Premier Platinum
19.99% p.a.
Up to 55 days on purchases
$199 p.a. annual fee for the first year ($299 p.a. thereafter)
0% p.a. for 18 months
0% p.a. for 18 months
Balance Transfer Offer & Up to 80,000 Bonus Points
Get up to 80,000 bonus Qantas Points, 75 bonus Status Credits, a discounted first-year annual fee and a 0% p.a. balance transfer rate for 18 months.
Bendigo Bank Low Rate Mastercard
11.99% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($45 p.a. thereafter)
0% p.a. for 6 months
0% p.a. for 6 months
$0 First Year Annual Fee & $150 Woolworths Gift Card Offer
Save with a $0 first-year annual fee and get a $150 Woolworths Supermarket gift card when you spend $1,000 in the first 60 days.
Bank of Melbourne Vertigo Classic
0% for 7 months, reverts to 13.99% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
0% p.a. for 22 months with 1.5% balance transfer fee
0% p.a. for 22 months with 1.5% balance transfer fee
0% Purchase Rate & 0% Balance Transfer Offers
Save with 0% p.a. for 7 months on purchases, 0% p.a. interest for 22 months on balance transfers and a $0 annual fee for the first year.
St.George Amplify Platinum - Qantas
19.74% p.a.
Up to 55 days on purchases
$99 p.a.
0% p.a. for 6 months
0% p.a. for 6 months
Balance Transfer Offer & 60,000 Bonus Points
Earn 60,000 bonus Qantas Points, plus enjoy 0% p.a. on balance transfers for 6 months and complimentary insurance covers.
St.George Vertigo Platinum
0% for 15 months, reverts to 12.99% p.a.
Up to 55 days on purchases
$49 p.a. annual fee for the first year ($99 p.a. thereafter)
6.99% p.a. for 12 months
6.99% p.a. for 12 months
0% Purchase Rate Offer & First Year Annual Fee Discount
Features an introductory 0% p.a. purchase rate, $49 first year annual fee and complimentary travel insurance covers.
Qantas Premier Everyday
19.99% p.a.
Up to 55 days on purchases
$49 p.a.
0% p.a. for 12 months
0% p.a. for 12 months
Balance Transfer Offer & Up to 25,000 Bonus Points
Get up to 25,000 bonus Qantas points, a 0% balance transfer offer and complimentary insurance covers.
NAB Rewards Business Signature Card
18.5% p.a.
Up to 44 days on purchases
$175 p.a.
Business Credit Card Offer
Earn 100,000 bonus points when you spend $4,000 on everyday business purchases in the first 60 days of account opening. ABN required.
St.George Amplify Platinum
0% for 7 months, reverts to 19.74% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
0% p.a. for 22 months with 1.5% balance transfer fee
0% p.a. for 22 months with 1.5% balance transfer fee
0% Purchase Rate & 0% Balance Transfer Offers
Save with 0% p.a. interest rates on purchases and balance transfers. Plus a $0 first-year annual fee.
BankSA Vertigo
0% for 7 months, reverts to 13.99% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
0% p.a. for 22 months with 1.5% balance transfer fee
0% p.a. for 22 months with 1.5% balance transfer fee
0% Purchase Rate & 0% Balance Transfer Offers
Enjoy a 0% p.a. interest rate for up to 22 months on balance transfers and up to 7 months on purchases. Plus, $0 first-year annual fee.
Bank of Melbourne Amplify Platinum
0% for 7 months, reverts to 19.74% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
0% p.a. for 22 months with 1.5% balance transfer fee
0% p.a. for 22 months with 1.5% balance transfer fee
0% Purchase Rate & 0% Balance Transfer Offers
Enjoy 0% p.a. on purchases and balance transfers along with a $0 first year annual fee waiver.
BankSA Amplify Platinum
0% for 7 months, reverts to 19.74% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
0% p.a. for 22 months with 1.5% balance transfer fee
0% p.a. for 22 months with 1.5% balance transfer fee
0% Purchase Rate & 0% Balance Transfer Offers
Save with a 0% p.a. interest rate for up to 22 months on balance transfers and up to 7 months on purchases. Plus a $0 first-year annual fee.
Citi Rewards Card
21.49% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($199 p.a. thereafter)
0% p.a. for 26 months with 1.5% balance transfer fee
0% p.a. for 26 months with 1.5% balance transfer fee
0% Balance Transfer Offer & $0 First Year Annual Fee
Save with 0% interest on balance transfers for the first 26 months (with a 1.5% BT fee) and a $0 annual fee for the first year.
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Data indicated here is updated regularly
$
% p.a.
Name Product Balance transfer rate Purchase rate (p.a.) Annual fee Amount saved
Westpac Low Rate Card
Finder Award
Westpac Low Rate Card
0% p.a. for 20 months with 1% balance transfer fee
13.74% p.a.
$59 p.a.
A low rate card offering 0% p.a. interest on balance transfers for the first 20 months and a $200 cashback offer.
HSBC Platinum Credit Card - Balance Transfer Offer
0% p.a. for 22 months
19.99% p.a.
$129 p.a.
Save with a 22-month balance transfer offer. Plus, lounge passes, travel insurance and an annual fee refund when you spend an eligible $6k/year.
ANZ Low Rate - Exclusive Offer
0% p.a. for 25 months with 1.5% balance transfer fee
12.49% p.a.
$0 p.a. annual fee for the first year ($58 p.a. thereafter)
Finder Exclusive
Save with 0% p.a on balance transfers for 25 months (with a 1.5% BT fee) and $0 first year annual fee.
St.George Vertigo Classic
0% p.a. for 22 months with 1.5% balance transfer fee
0% for 7 months, reverts to 13.99% p.a.
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
Get 0% p.a. promotional purchase and balance transfer rates and save with a first-year annual fee waiver.
Coles No Annual Fee Mastercard
0% p.a. for 18 months with 1.5% balance transfer fee
19.99% p.a.
$0 p.a.
Earn flybuys points for your spending and save with an ongoing $0 annual fee and 0% p.a. on balance transfers for 18 months.
CUA Low Rate Credit Card
0% p.a. for 13 months
11.99% p.a.
$0 p.a. annual fee for the first year ($49 p.a. thereafter)
Take advantage of a 0% p.a. balance transfer rate for 13 months, $0 first year annual fee, and a low variable 11.99% p.a. interest rate on purchases.
Virgin Money No Annual Fee Credit Card
0% p.a. for 12 months
18.99% p.a.
$0 p.a.
Offers 0% p.a. for 12 months on balance transfers and up to 55 days interest-free on purchases, all for a $0 annual fee.
Coles Low Rate Mastercard
0% p.a. for 6 months
12.99% p.a.
$58 p.a.
Save with a low purchase interest rate, earn flybuys points as you spend and get up to 55 days interest-free.
St.George Amplify Platinum
0% p.a. for 22 months with 1.5% balance transfer fee
0% for 7 months, reverts to 19.74% p.a.
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Save with 0% p.a. interest rates on purchases and balance transfers. Plus a $0 first-year annual fee.
Qantas Premier Platinum
0% p.a. for 18 months
19.99% p.a.
$199 p.a. annual fee for the first year ($299 p.a. thereafter)
Get up to 80,000 bonus Qantas Points, 75 bonus Status Credits, a discounted first-year annual fee and a 0% p.a. balance transfer rate for 18 months.
Bank of Melbourne Vertigo Classic
0% p.a. for 22 months with 1.5% balance transfer fee
0% for 7 months, reverts to 13.99% p.a.
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
Save with 0% p.a. for 7 months on purchases, 0% p.a. interest for 22 months on balance transfers and a $0 annual fee for the first year.
Coles Rewards Mastercard
0% p.a. for 18 months with 1.5% balance transfer fee
19.99% p.a.
$99 p.a.
Earn 2 flybuys points / $1 spent and save with a 0% balance transfer offer. Plus, 0% international transaction fees on purchases.
Qantas Premier Everyday
0% p.a. for 12 months
19.99% p.a.
$49 p.a.
Get up to 25,000 bonus Qantas points, a 0% balance transfer offer and complimentary insurance covers.
BankSA Vertigo
0% p.a. for 22 months with 1.5% balance transfer fee
0% for 7 months, reverts to 13.99% p.a.
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
Enjoy a 0% p.a. interest rate for up to 22 months on balance transfers and up to 7 months on purchases. Plus, $0 first-year annual fee.
Bank of Melbourne Amplify Platinum
0% p.a. for 22 months with 1.5% balance transfer fee
0% for 7 months, reverts to 19.74% p.a.
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Enjoy 0% p.a. on purchases and balance transfers along with a $0 first year annual fee waiver.
St.George Amplify Platinum - Qantas
0% p.a. for 6 months
19.74% p.a.
$99 p.a.
Earn 60,000 bonus Qantas Points, plus enjoy 0% p.a. on balance transfers for 6 months and complimentary insurance covers.
St.George Vertigo Classic Rainbow
0% p.a. for 22 months with 1.5% balance transfer fee
0% for 7 months, reverts to 13.99% p.a.
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
All the great low cost features of the Vertigo Visa with a rainbow design in support of the LGBT community.
Citi Rewards Card
0% p.a. for 26 months with 1.5% balance transfer fee
21.49% p.a.
$0 p.a. annual fee for the first year ($199 p.a. thereafter)
Save with 0% interest on balance transfers for the first 26 months (with a 1.5% BT fee) and a $0 annual fee for the first year.
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Data indicated here is updated regularly
Name Product Bonus Points Rewards program Rewards Points per $ spent Purchase rate (p.a.) Annual fee
NAB Qantas Rewards Signature Card
130,000 bonus points
Qantas Frequent Flyer
Visa/MC
1
19.99% p.a.
$295 p.a. annual fee for the first year ($395 p.a. thereafter)
Collect up to 130,000 bonus Qantas Points. Get 100k when you spend $3,000 on eligible purchases in the first 60 days and 30k after 12 months.
ANZ Frequent Flyer Black
130,000 bonus points
Qantas Frequent Flyer
Visa/MC
1
20.24% p.a.
$425 p.a.
Earn 100,000 bonus Qantas Points, 75 bonus Status Credits and $150 back when you spend $3,000 in the first 3 months with this premium card.
Qantas Premier Platinum
80,000 bonus points
Qantas Frequent Flyer
Visa/MC
1
19.99% p.a.
$199 p.a. annual fee for the first year ($299 p.a. thereafter)
Get up to 80,000 bonus Qantas Points, 75 bonus Status Credits, a discounted first-year annual fee and a 0% p.a. balance transfer rate for 18 months.
St.George Amplify Platinum - Qantas
60,000 bonus points
Qantas Frequent Flyer
Visa/MC
0.5
19.74% p.a.
$99 p.a.
Earn 60,000 bonus Qantas Points, plus enjoy 0% p.a. on balance transfers for 6 months and complimentary insurance covers.
American Express Qantas Business Rewards Card
150,000 bonus points
Qantas Business Rewards
Amex
1.25
N/A
$450 p.a.
ABN holders w/ $75,000 revenue. Get 150,000 bonus points, 3x points on eligible Qantas flights & 2 lounge passes per year.
Coles Rewards Mastercard
flybuys
Visa/MC
2
19.99% p.a.
$99 p.a.
Earn 2 flybuys points / $1 spent and save with a 0% balance transfer offer. Plus, 0% international transaction fees on purchases.
American Express Platinum Edge Credit Card
Membership Rewards Ascent
Amex
1
20.74% p.a.
$195 p.a.
Receive a yearly $200 Travel Credit and complimentary domestic and international travel insurance, plus up to 3 Membership Rewards Points / $1.
Qantas American Express Discovery Card
Qantas Frequent Flyer
Amex
0.75
20.74% p.a.
$0 p.a.
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.
Qantas Premier Everyday
25,000 bonus points
Qantas Frequent Flyer
Visa/MC
0.75
19.99% p.a.
$49 p.a.
Get up to 25,000 bonus Qantas points, a 0% balance transfer offer and complimentary insurance covers.
Qantas American Express Ultimate Card
55,000 bonus points
Qantas Frequent Flyer
Amex
1.25
20.74% p.a.
$450 p.a.
Get 55,000 bonus Qantas Points, a $450 Qantas Travel Credit and 2 yearly complimentary Qantas Club lounge invitations with this premium card.
Bank of Melbourne Amplify Platinum - Qantas
60,000 bonus points
Qantas Frequent Flyer
Visa/MC
0.5
19.74% p.a.
$99 p.a.
Receive 60,000 bonus Qantas Points when you spend $2,000 within 90 days and earn up to 0.5 Qantas Points per $1 spent.
American Express Explorer Credit Card
50,000 bonus points
Membership Rewards
Amex
2
20.74% p.a.
$395 p.a.
Get 50,000 bonus points when you spend $3,000 in the first 3 months, a yearly $400 Travel Credit and 2 entries per year to the Amex Lounge.
American Express Platinum Business Card
150,000 bonus points
Membership Rewards
Amex
2.25
N/A
$1,750 p.a.
ABN holders w/ $75,000 revenue. Get 150,000 bonus points and up to 2.25 points/ $1 spent on eligible business purchases.
St.George Amplify Platinum
Amplify Rewards
Visa/MC
1
0% for 7 months, reverts to 19.74% p.a.
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Save with 0% p.a. interest rates on purchases and balance transfers. Plus a $0 first-year annual fee.
BankSA Amplify Platinum - Qantas
60,000 bonus points
Qantas Frequent Flyer
Visa/MC
0.5
19.74% p.a.
$99 p.a.
Receive 60,000 bonus Qantas Points when you spend $2,000 within 90 days and earn up to 0.5 Qantas Points per $1 spent.
Qantas American Express Premium Card
30,000 bonus points
Qantas Frequent Flyer
Amex
1
20.74% p.a.
$249 p.a.
Enjoy 30,000 bonus Qantas Points, 2 complimentary Qantas Club lounge invitations per year and the protection of complimentary insurance covers.
David Jones American Express Card
15,000 bonus points
Qantas Frequent Flyer
Membership Rewards
Amex
1
20.74% p.a.
$99 p.a.
Not just for David Jones shoppers, receive 15,000 bonus Membership Rewards Points or 7,500 Qantas Points on eligible spend.
David Jones American Express Platinum Card
30,000 bonus points
Qantas Frequent Flyer
Membership Rewards
Amex
1
20.74% p.a.
$295 p.a.
DJ's shoppers and Qantas travellers earn 30,000 bonus Membership Rewards Points or 15,000 Qantas Points on eligible spend.
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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.

Unsure of what you need? Take our card finder quiz.

This quiz directs you to a category of credit cards to compare based on your answers. You should always consider your financial circumstances and understand all the terms, conditions and eligibility criteria before applying for any product.


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.

Popular credit card offers on finder.com.au*

CategoryNameCardCurrent OfferAnnual Fee
Frequent FlyerANZ Frequent Flyer BlackPicture not describedANZ Rewards Black credit card imageReceive 130,000 bonus Qantas Points, $150 cashback and 75 bonus Status Credits when you meet the spend requirement.$425
Balance TransferHSBC Platinum Credit Card - Balance Transfer OfferPicture not describedOffers a 0% p.a. interest rate on balance transfers for the first 22 months, with no balance transfer fee. Plus, an annual fee refund when you spend $6,000 on eligible purchases in the following 12 months.$129
No Annual FeeANZ Low Rate - Exclusive OfferPicture not describedOffers 0% p.a. interest on balance transfers for the first 25 months with a one-time 1.5% balance transfer fee.$0 annual fee for the first year ($58 p.a. thereafter)
Low RateWestpac Low Rate CardPicture not describedwestpac low rateSave with 0% p.a. interest for the first 20 months when you apply by 02 December 2020 (a one-time 1% balance transfer fee applies). Plus, $200 cashback when you meet the spend requirement.$59

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.

Compare credit cards by type

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.


How can you compare credit cards?

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 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.

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.
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Compare the latest Australian credit card offers in our credit card comparison tables to reach an informed decision.
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Apply for your new credit card securely via the bank or lender's online credit card application form.
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Credit Cards Comparison

Data indicated here is updated regularly
Name Product Purchase rate (p.a.) Balance transfer rate Annual fee
ANZ Low Rate - Exclusive Offer
12.49% p.a.
0% p.a. for 25 months with 1.5% balance transfer fee
$0 p.a. annual fee for the first year ($58 p.a. thereafter)
Finder Exclusive
Save with 0% p.a on balance transfers for 25 months (with a 1.5% BT fee) and $0 first year annual fee.
HSBC Platinum Credit Card - Balance Transfer Offer
19.99% p.a.
0% p.a. for 22 months
$129 p.a.
Save with a 22-month balance transfer offer. Plus, lounge passes, travel insurance and an annual fee refund when you spend an eligible $6k/year.
Bankwest Breeze Classic Mastercard
0% for 15 months, reverts to 12.99% p.a.
2.99% p.a. for 9 months
$79 p.a.
Save with an introductory rate of 0% p.a on purchases for 15 months and 2.99% p.a. on balance transfers for 9 months.
NAB Qantas Rewards Signature Card
19.99% p.a.
0% p.a. for 6 months with 2% balance transfer fee
$295 p.a. annual fee for the first year ($395 p.a. thereafter)
Collect up to 130,000 bonus Qantas Points. Get 100k when you spend $3,000 on eligible purchases in the first 60 days and 30k after 12 months.
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* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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