0% Balance Transfer Credit Card Offers

Repay your debt faster and save on interest costs with a balance transfer card.

Exclusive to finder.com.au - NAB Credit Card Offer

NAB Low Fee Platinum Card - Exclusive Offer

0% p.a. for 25 months
on balance transfers
Exclusive to finder.com.au

Offer ends 16 December 2018

Eligibility criteria, terms and conditions, fees and charges apply

Exclusive to finder.com.au - NAB Credit Card Offer

The NAB Low Fee Platinum Card features a range of platinum benefits and a long-term, no fee balance transfer offer exclusive to finder.com.au.

  • 0% p.a. on balance transfers for 25 months on a new NAB Low Fee Platinum Card. Reverts to cash advance rate (currently 21.74% p.a.)
  • No balance transfer fee
  • Receive seven complimentary insurance covers including overseas travel insurance, plus, access to the 24/7 NAB Concierge Service.
  • Must apply through finder.com.au to take advantage of this offer. BT must be requested upon application.
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0% balance transfer credit cards comparison

Rates last updated December 11th, 2018
$
% p.a.

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Name Product Balance transfer rate (p.a.) Purchase rate (p.a.) Annual fee Amount Saved Product Description
NAB Low Fee Platinum Card - Exclusive Offer
0% p.a. for 25 months
19.74% p.a.
$90 p.a.
finder Exclusive: Take advantage of 0% p.a. interest for 25 months on balance transfers with no balance transfer fee. Ends 16 December 2018
More info
Citi Clear Platinum Credit Card
0% p.a. for 14 months
12.99% p.a.
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers a 0% p.a. for 14 months balance transfer and $0 first year annual fee. Plus, insurance covers and Citibank Dining Program perks.
ANZ Low Rate
0% p.a. for 15 months
12.49% p.a.
$58 p.a.
Save with a 0% p.a. introductory rate on balance transfers for 15 months with no BT fee. Plus a low 12.49% p.a. interest rate on purchases.
Citi Platinum Credit Card - Exclusive Offer
0% p.a. for 13 months
0% p.a. for 13 months (reverts to 20.99% p.a.)
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
finder Exclusive:
Save with 0% interest on purchases and balance transfers for 13 months (with no BT fee). Plus, a discounted $49 annual fee for the first year.
More info
Suncorp Clear Options Platinum Credit Card - Online Offer
0% p.a. for 18 months
20.74% p.a.
$49 p.a. annual fee for the first year ($129 p.a. thereafter)
Save with a 0% balance transfer offer and earn up to 60,000 Bonus Rewards Points. Plus, a discounted first year annual fee when you apply online.
Virgin Australia Velocity Flyer Card - Bonus Points Offer
0% p.a. for 18 months
20.74% p.a.
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Earn up to 60,000 bonus points in the first 3 months and save with a $64 first year annual fee. Plus, a long-term balance transfer offer.
St.George Vertigo Platinum - Online Offer
0% p.a. for 24 months
12.74% p.a.
$99 p.a.
Save with 0% p.a. interest for up to 24 months on balance transfers with no BT fee. Plus, platinum perks. Ends 17 December 2018.
Citi Simplicity Card
0% p.a. for 6 months
19.99% p.a.
$0 p.a.
Get 0% p.a. interest for up to 6 months on balance transfers with no BT fee. Plus, a $0 annual fee for life.
Qantas Premier Everyday
0% p.a. for 9 months
0% p.a. for 9 months (reverts to 19.99% p.a.)
$49 p.a.
Take advantage of 20,000 bonus Qantas Points, a 0% p.a. purchase and balance transfer offers. Plus, complimentary overseas travel insurance.
Virgin Money Low Rate Credit Card
0% p.a. for 14 months
11.99% p.a.
$49 p.a.
Offers a $49 annual fee, 10% cashback on purchases made in the first 3 months (capped at $100) and 0% p.a. for 14 months on balance transfers.
Qantas Premier Platinum
0% p.a. for 18 months
19.99% p.a.
$149 p.a. annual fee for the first year ($299 p.a. thereafter)
Get 70,000 bonus Qantas points when you meet the spend criteria and 30,000 more when you pay the second year's annual fee (100,000 total).
Virgin Australia Velocity Flyer Card - Exclusive Offer
0% p.a. for 6 months
0% p.a. for 14 months (reverts to 20.74% p.a.)
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
finder Exclusive: Save on credit card costs with half the annual fee for the first year and a 0% p.a. interest rate on purchases for 14 months.
St.George Vertigo Classic
0% p.a. for 16 months
13.74% p.a.
$55 p.a.
Get 0% p.a. interest for up to 16 months on balance transfers with no BT fee. Plus, a competitively low annual fee and purchase rate.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0% p.a. for 18 months
20.74% p.a.
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Save with a $64 first year annual fee and 0% p.a. balance transfer offer. Plus, receive a $129 Virgin Australia Gift Voucher each year.
Bank of Melbourne Vertigo Classic
0% p.a. for 16 months
13.74% p.a.
$55 p.a.
Enjoy 0% p.a. interest for up to 16 months on balance transfers with no BT fee. Plus, a competitively low annual fee and purchase rate.
BankSA Vertigo Classic
0% p.a. for 16 months
13.74% p.a.
$55 p.a.
Enjoy a 0% p.a. interest rate for up to 16 months on balance transfers with no balance transfer fee. Plus, a low variable purchase rate.

Compare up to 4 providers

If you want to avoid high interest costs, you can use a 0% balance transfer credit card to move a debt from an existing card to a new one with a different provider that charges no interest for an introductory period. With no interest on the debt, you can save more and pay off your credit card debt faster. You can use this guide to learn more about 0% balance transfer cards, understand how they work and compare interest-free balance transfer offers on the market.

Balance transfers explained in 60 seconds

How do 0% balance transfer credit cards work?

While some balance transfer credit cards offer a low interest rate for a promotional period (such as 3% for 30 months), these cards charge 0% interest. As long as you can pay off your debt in full before the introductory offer ends and revert rate applies, you can usually save more on interest costs with a 0% balance transfer deal. Depending on the card, the interest-free period may last from 6 to 26 months.

How much you will save with a balance transfer will depend on the size of your debt, the length of the interest-free offer and whether you can pay it off in full before the revert interest rate kicks in. You can use the comparison table above to compare cards by the potential savings based on your debt and the interest rate you're currently paying.

How to compare 0% balance transfers credit cards

Here are the most important factors you should keep in mind to find a 0% balance transfer card to consolidate your debt:

  • How long is the balance transfer offer?
  • How much can you transfer?
  • Make sure you're transferring to a new bank
  • Compare fees and charges

Length of the balance transfer introductory offer

Many Australian credit cards offer 0% on balance transfers, so you can compare your options by how long the interest-free period lasts for. Depending on the card, the 0% introductory period can vary from 6 to 26 months.

You should look for a card that will allow you to repay the entire debt before the revert rate kicks in. For example, let’s say you have a debt of $7,000 and are looking at a card with 0% on balance transfers for 18 months. You’d need to pay around $389 each month to clear the entire debt before interest applies. If you don’t think you can afford this, you could look for a card with a longer interest-free offer to spread out and reduce your monthly repayments.

How much you are allowed to transfer

Depending on the bank, you can usually transfer between 70% to 100% of the approved credit limit. If you had an approved credit limit of $10,000 and a maximum balance transfer of 80% of the limit, you could transfer up to $8,000. Refer to our guide on each bank's balance transfer limit and how much they will allow you to balance transfer for more information.

Which banks and institutions you can transfer to

You can't transfer your balance to a new card under the same bank. This means that you also can't transfer balances between banks that are owned by the same provider. For example, you can't balance transfer between St.George and Bank of Melbourne as they're both owned by Westpac. Refer to our guide on which banks you can balance transfer to for more information.

Balance transfer revert rate

If you can’t pay your entire balance by the end of the introductory period, any remaining debt will collect the revert rate. This is usually the much higher cash advance or purchase interest rate. It’s important to compare this rate and know when it kicks, even if you’re planning to pay the debt in full before interest applies.

Fees and charges

While you won’t have to pay any interest during the promotional period, most balance transfer credit cards come with other costs. You may be charged a balance transfer fee when you first move the debt, which is usually a percentage based fee of between 1% to 3%.

While some 0% balance transfer credit cards charge $0 annual fee, others can range between $49 to $400 or more. Make sure that the annual fee won't exceed your interest savings before you apply.

You shouldn’t use your credit card to make purchases while you’re concentrating on paying down your balance transfer. In case you have to use the card for an emergency, check the purchase interest rate first.


A 0% balance transfer credit card can be a useful way to get your debt under control and pay off your card with no interest costs. If you’ve compared your options, you can use finder’s guide to applying for a balance transfer for some tips to complete the application.

As there are many interest-free balance transfer credit cards on the market, make sure to compare your options before you apply to find the right one for you.

Compare other types of balance transfers

Back to topBalance Transfer Credit Cards

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*$249 p.a. after first year

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89 Responses

  1. Default Gravatar
    ChrisJanuary 2, 2018

    I’m wanting to help my daughter manage her credit card debt as she has just started Working as a teacher after studying for 2 years and although she worked Term 4 and has a contract for term 1 in 2018 she isn’t permanently employed so we were thinking she wouldn’t be eligible for an interest free card so I would take it out and she could make the minimum payment ?

    • Default Gravatar
      ArnoldJanuary 4, 2018

      Hi Chris,

      Thanks for your inquiry

      You may want to transfer your daughter’s credit card balance to your credit card to alleviate her debt. Some banks will allow you to move another person’s debt to your own credit card. Please note that you will have to meet certain eligibility requirements to be considered. For more information about this, please check on this link.

      Hope this information helps

      Cheers,
      Arnold

  2. Default Gravatar
    December 10, 2017

    I am on a pension income and I wish to make a transfer from my ANZ low rate c/card to a 0% balance transfer. Can you recommend a suitable c/card? Thanks!

  3. Default Gravatar
    brentNovember 12, 2017

    can i consolidate 2 existing credit cards into 1 new 0% balance transfer credit card.

    • finder Customer Care
      LouNovember 12, 2017Staff

      Hi Brent,

      Thanks for your question.

      Most balance transfer credit cards allow you to consolidate at least 2 cards from other banks. However, kindly note that the total amount that you can move to the new balance transfer card depends on your approved and available credit limit.

      If you are interested to know where you can balance transfer to based on your existing card issuers, you can check our guide here.

      Cheers,
      Anndy

  4. Default Gravatar
    September 19, 2016

    G’day.

    Just wondering what if 0% on balance transfers is a good way to pay down debt. e.g. $15k credit card debt. 1.5% on bt and 0% interest for 24 months, but fees $200 for first year then $300 after that. So over 24 months would cost $725. If live of cash and pay credit card. Then at the end of 24 months look for another deal. And cancel when converts to the higher than average rate. Isn’t this a good way to pay down the debt???

  5. Default Gravatar
    michaelJuly 3, 2016

    Can you get a card without giving out your employment details?

    • finder Customer Care
      LouJuly 3, 2016Staff

      Hi Michael,

      Thanks for your inquiry.

      Credit card companies will require your employment details because it is one way to prove your source of income. If you are self-employed, you will be required to provide your accountant’s contact details.

      Cheers,
      Anndy

  6. Default Gravatar
    JanJune 29, 2016

    If I transfer my debt (which will be different to my bank) can I still make payments via internet banking?

    • finder Customer Care
      MayJuly 1, 2016Staff

      Hi Jan,

      Thanks for your inquiry.

      That depends on the bank where the transfer is being made to. But, usually, credit card companies accept card payments in many ways including internet banking.

      Cheers,
      May

  7. Default Gravatar
    May 12, 2016

    Are the balance tranfer credit cards help with paying any bills you may have?

    • finder Customer Care
      MayMay 12, 2016Staff

      Hi Sonya,

      Thanks for your question.

      If you’re not going to use the card for a balance transfer, using it for paying bills is okay. However, if you will conduct a balance transfer on the card, a great portion of your credit limit will be used up. Please keep in mind that a large percentage of the credit card limit (sometimes 70%-95%) can be used when you do a BT. As such, it may not be practical to use your card for debiting your bills as there would be a possibility you will end up charging your card more than its credit limit.

      Hope this helps.

      Cheers,
      May

  8. Default Gravatar
    DenisApril 27, 2016

    i have a bank of melbourne credit card and a nab credit card, i want to transfer the nab card to a balance transfer 0% at st. george
    is st george the same bank

    • finder Customer Care
      SharonMay 1, 2016Staff

      Hi Denis,

      Thanks for your inquiry.

      Transferring a balance from a NAB card to a new St.George credit card is allowed. Please note of the eligibility requirements before sending your application as each submitted application will appear on your credit history.

      I hope this helps.

      Sharon

  9. Default Gravatar
    JudeApril 5, 2016

    My daughter has a maxed out credit card and will probably not be eligible for another credit card. Can I get a card in my name and have her balance transferred into it. I know I would then be liable for the debt, but I accept that.

    • finder Customer Care
      SharonApril 8, 2016Staff

      Hi Jude, thanks for your comment.

      Some banks allow balance transfers between two separate names. You may refer to the following page to see the different options and compare balance transfer credit cards that you can apply for.

      I hope this helps.

      Sharon

  10. Default Gravatar
    yvonneMarch 8, 2016

    I have a ANZ and Coles mastercard which are nearly maxed out could you please tell me if I can get a which is the best card to go with and also can I transfer both into the 1 card. your faithfully Yvonne

    • finder Customer Care
      SharonMarch 9, 2016Staff

      Hi, thanks for your inquiry.

      Please note that finder.com.au is an online comparison service and is not in the position to recommend specific products, providers and services to you, as the best option will always depend on your individual financial needs and situation.

      You may want to check this page to find the *best balance transfer credit card. Take time to compare credit cards and use the balance transfer calculator to find the one that suits you. Please take note of the eligibility requirements at the bottom of each credit card’s review page as each submitted application will appear on your credit history.

      I hope this has helped.

      Thanks,

      Sharon

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