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0% Balance Transfer Credit Card Offers

Pay no interest for up to 30 months and clear your debt faster with a balance transfer credit card.

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Citi Credit Card Offer

Citi Rewards Card

0% p.a. for 30 months on balance transfers
$49 first-year annual fee

Offer ends 31 March 2021

Eligibility criteria, terms and conditions, fees and charges apply

Citi Credit Card Offer

Save with a long-term balance transfer offer and a first-year annual fee discount. Plus, Citi reward Points for your spending and complimentary insurance.

  • $49 first-year annual fee ($149 p.a. thereafter)
  • 0% p.a. on balance transfers for 30 months with no balance transfer fee, reverts to 22.24% p.a.
  • 21.49% p.a. purchase interest rate | 22.24% p.a. cash advance rate
  • Earn 1 Citi reward Point per $1 spent
  • Minimum credit limit of $6,000
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You can use a 0% balance transfer credit card to move debt from a credit card you already have to a new one that charges no interest for an introductory period. This means you could save more and pay off your credit card debt faster. Learn more about 0% balance transfers and compare current offers on the market in this guide.

Compare 0% balance transfer credit cards

Use the calculator at the top of the table to see how much you could save on interest with each offer.

Data indicated here is updated regularly
$
% p.a.
Name Product Balance transfer rate Purchase rate Annual fee Amount saved
Citi Rewards Card
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.
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.
ANZ Low Rate
0% p.a. for 25 months with 1.5% balance transfer fee
12.49% p.a.
$0 annual fee for the first year ($58 p.a. thereafter)
Save with 0% p.a on balance transfers for 25 months (with a 1.5% BT fee) and $0 first year annual fee. Plus a 12.49% p.a. purchase interest rate.
Coles No Annual Fee Mastercard
0% p.a. for 12 months
0% 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.
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.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0% p.a. for 22 months
20.74% p.a.
$64 annual fee for the first year ($129 p.a. thereafter)
Get 0% p.a. for 22 months on balance transfers and a reduced first-year annual fee. Plus, earn up to 30,000 bonus Velocity Points. Ends 30 Nov 2020.
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 - $500 Voucher Offer
0% p.a. for 12 months
21.49% p.a.
$99 annual fee for the first year ($199 p.a. thereafter)
Get a $500 e-voucher to spend at Myer, JB Hi-Fi or Coles when you spend $3,000 in the first 90 days. Plus, earn points/$1 spent. Ends 30 Nov 2020.
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 shop and a $0 first-year annual fee. Plus, 0% p.a. on balance transfers for 18 months (1.5% fee applies).
Qantas Premier Platinum
0% p.a. for 18 months with 1% balance transfer fee
19.99% p.a.
$199 annual fee for the first year ($299 p.a. thereafter)
Get 100,000 bonus Qantas Points, 75 bonus Status Credits and a 0% p.a. balance transfer rate for 18 months (with a one-time 1% BT fee).
Citi Rewards Card - Flybuys Offer
0% p.a. for 15 months with 1% balance transfer fee
21.49% p.a.
$49 annual fee for the first year ($149 p.a. thereafter)
Receive 75,000 bonus Flybuys points and a $100 Kmart eGift Card when you meet the spend requirement. Plus, a reduced first-year annual fee.
Virgin Money No Annual Fee Credit Card
0% p.a. for 12 months
0% 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. Ends 30 Nov 2020.
NAB Low Rate Credit Card
0% p.a. for 20 months with 2% balance transfer fee
12.99% p.a.
$59
Get a 0% p.a. interest rate for 20 months on balance transfers, Visa Offers + Perks and a competitive $59 ongoing annual fee.
Citi Simplicity Card
0% p.a. for 6 months
0% 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.
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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.

Balance transfers explained in 60 seconds

How do 0% balance transfer credit cards work?

These cards charge no interest on balance transfer debts for an introductory period that can last from 6 to 26 months. With no interest payments, you can pay off your debt faster and save money. If you have multiple credit card debts, you can transfer and consolidate them on one balance transfer card. That way you'll pay no interest on the combined debt and will only need to manage one credit card account.

At the end of the interest-free period, any unpaid balance will attract a much higher revert interest rate. To avoid falling into debt, you should aim to pay off your balance transfer in full before the revert rate applies.

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.

Promoted
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.

How to compare 0% balance transfers credit cards

There are many 0% balance transfer credit cards on the market, so here are five important factors to consider when comparing your options.

1. Length of the balance transfer introductory offer

Since many Australian credit cards come with introductory offers on balance transfers, it is crucial that you compare balance transfer cards by how long the interest-free period lasts for. You should look for a card that gives you enough time 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.

2. 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 high credit limit of $20,000 and a maximum balance transfer of 80% of the limit, you could transfer up to $16,000. Refer to our guide on each bank's balance transfer limit and how much they will allow you to balance transfer for more information.

3. 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.

4. 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 balance transfer 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.

5. Compare 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% of the amount you're transferring.

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

Balance transfer cards often charge high purchase interest rates and your repayments will automatically go towards whichever balance attracts the most interest. If you're concentrating on paying down your balance transfer during the interest-free period, you should avoid using your card to spend unless you know you can pay it off in full.


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.

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Credit Cards Comparison

Data indicated here is updated regularly
Name Product Purchase rate Balance transfer rate Annual fee
Citi Rewards Card
21.49% p.a.
0% p.a. for 30 months
$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.
Qantas Premier Platinum
19.99% p.a.
0% p.a. for 18 months with 1% balance transfer fee
$199 annual fee for the first year ($299 p.a. thereafter)
Get 100,000 bonus Qantas Points, 75 bonus Status Credits and a 0% p.a. balance transfer rate for 18 months (with a one-time 1% BT fee).
Coles No Annual Fee Mastercard
0% for 12 months, reverts to 19.99% p.a.
0% p.a. for 12 months
$0
Save on new and existing interest charges with 0% p.a. on balance transfers and purchases for 12 months.
Citi Rewards Card - $500 Voucher Offer
21.49% p.a.
0% p.a. for 12 months
$99 annual fee for the first year ($199 p.a. thereafter)
Get a $500 e-voucher to spend at Myer, JB Hi-Fi or Coles when you spend $3,000 in the first 90 days. Plus, earn points/$1 spent. Ends 30 Nov 2020.
Latitude Gem Visa
24.99% p.a.
$99
Enjoy 0% p.a. interest on purchases over $250 for 6 months, optional shopper's protection insurance and the convenience of Samsung Pay.
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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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