Finder makes money from featured partners, but editorial opinions are our own.

The best credit cards in Australia (seriously, we sorted through 250+)

We actually enjoyed it too. Here are our best credit card picks for June 2024.

Picture not described

There isn't one best credit card on the market. And all credit cards can't be compared equally. So our experts have chosen a top pick for each type of credit card offer that appeals to a wide variety of people in Australia.

Our picks for the best credit cards for June:

The top picks were updated by our team of credit card experts and reviewed by money editor Richard Whitten on 11 June 2024.


Top pick for balance transfer

St.George Vertigo Card

  • 0% Balance Transfer Offer
  • $55 Annual fee
  • 13.99% Purchase rate
Ends on 31 July 2024

Pros & cons

  • Balance transfer rate of 0% p.a. for the first 28 months
  • A low ongoing annual fee
  • Shopping cashbacks through ShopBack
  • Competitive purchase interest rate of 13.99% p.a.
  • Additional cardholder at no extra cost
  • Charges a one-time 1% balance transfer fee
  • Balance transfer rate reverts to 21.49% p.a. at the end of the introductory period
  • No rewards program, travel perks and insurance covers

Why we like it

  • The 13.99% p.a. variable interest rate on purchases is much lower than the average standard credit card interest rate in Australia (currently 20.16% p.a.)
  • Long 0% p.a. balance transfer offer for 28 months (with a 1% BT fee), which can help you save on interest and pay off existing debts faster.
  • Unlike many other cards, you still get interest-free days on purchases when you have a balance transfer.
  • Mobile payments through Apple Pay, Google Pay and Samsung Pay.

Top pick for frequent flyer

Qantas Premier Platinum

  • Up to 100,000 Bonus Points
  • $349 Annual fee
  • 19.99% Purchase rate

Pros & cons

  • Up to 100,000 bonus Qantas Points
  • Up to 2 Qantas Points per $1 spent
  • Balance transfer offer of 0% p.a. for 12 months
  • Discounted $349 first-year annual fee
  • Charges a 2% BT fee
  • The standard $399 annual fee is relatively high
  • Interest-free days won't apply if you’re carrying a balance transfer debt
  • Anything over $10,000 in a statement period earns a lower rate of 0.5 points per $1

Why we like it

  • Offers up to 100,000 bonus Qantas Points, which is enough to redeem a return economy reward flights from Melbourne to Los Angeles (not including fees and taxes) or $550 of Woolworths digital gift cards.
  • Up to 2 Qantas Points per $1 for eligible spending with Qantas and between 0.5 and 1.5 Qantas Points per $1 on other eligible spending. And most everyday spending in Australia would earn 1 Qantas Point per $1 (unless you spent more than $10k in a month).
  • 2 complimentary airport lounge invitations each year and up to 20% off eligible companion fares for domestic flights with Qantas or QantasLink once a year

Top pick for business

American Express Qantas Business Rewards Card

  • 170,000 Bonus Qantas Points Offer
  • $450 Annual fee
  • N/A Purchase rate
Ends on 25 June 2024

Pros & cons

  • 170,000 bonus Qantas Points
  • No pre-set spending limit and up to 51 days cash flow
  • Complimentary travel insurance
  • 2 complimentary domestic Qantas Club lounge passes per card membership year
  • $450 annual fee
  • 3% foreign currency conversion fee

Why we like it

  • Offers 170,000 bonus Qantas Points, which is enough to redeem a one-way business class flight between Melbourne and London.
  • Up to 2 Qantas Points per $1 spent and triple Qantas Points on eligible flights booked through Qantas Business Rewards.
  • 2 complimentary Qantas Club lounge invitations per year.
  • Lots of business benefits and offers, including up to $200 back with Dell Technologies each year and up to 99 employee cards.

Top pick for rewards

ANZ Rewards Black Credit Card

  • 180,000 Bonus Points & $150 back
  • $375 Annual fee
  • 20.99% Purchase rate

Pros & cons

  • 180,000 bonus ANZ Reward Points
  • $150 back on your new card
  • Up to 2 ANZ Reward Points per $1 spent
  • Complimentary extras including travel insurance and a personal concierge
  • Charges a relatively high annual fee of $375 p.a.
  • 3% foreign transaction fee
  • Additional cardholder fee of $65 per card

Why we like it

  • Offers 180,000 bonus ANZ Reward Points when you spend $3,000 on eligible purchases in the first 3 months. That's worth $800+ in eGift cards with partner retailers including Myer, JB Hi-Fi, Bunnings and more. Or, if you're a Velocity member, you can redeem this for 90,000 Velocity Points.
  • You also get $150 back to your card when you meet the spend requirement.
  • Complimentary insurance covers including international and domestic travel insurance, rental vehicle excess in Australia, extended warranty insurance and purchase protection cover.
  • Relatively high earn rate of up to 2 ANZ Reward Points per $1 spent.

Top pick for 0% foreign fee

Bankwest Zero Platinum Mastercard

  • No Annual Fee & 0% Balance Transfer Offer
  • $0 Annual fee
  • 14.99% Purchase rate

Pros & cons

  • 0% p.a. on balance transfers for 28 months
  • 0% foreign transaction fees online and overseas
  • 3 additional cardholders at no extra cost
  • Even with a $0 annual fee and 14.99% p.a. purchase rate, you must still be approved for a $6,000 minimum credit limit.
  • Charges a one-time 3% balance transfer fee

Why we like it

  • The Bankwest Zero Platinum Mastercard has a $0 annual fee and 0% foreign transaction fees.
  • It also has an introductory rate of 0% p.a. on balance transfers for 28 months, with a 3% BT fee.
  • Bankwest is one of the few providers that offers a digital card you can use straight away once you're approved and activate your account.

Top pick for 0% purchases

Coles No Annual Fee Mastercard - Bonus Points Offer

  • 20,000 Bonus Flybuys Points
  • $0 Annual fee
  • 19.99% Purchase rate
Ends on 30 June 2024

Pros & cons

  • 20,000 bonus Flybuys points
  • 0% p.a. on purchases for the first 6 months
  • Ongoing $0 annual fee
  • Earn Flybuys points for your spending
  • Flybuys points earn rate is low at the equivalent of 0.5 points per $1 spent
  • 19.99% p.a. purchase rate after the introductory period
  • 2.5% foreign transaction fee

Why we like it

  • Offers 20,000 bonus Flybuys points. That's enough for $100 off your shop at Coles or 10,000 Velocity Points.
  • Ongoing $0 annual fee. So even if you don't use the card, it won't cost you anything.
  • Flybuys points on all your eligible spending, even if they're not Flybuys partners.
  • Potentially useful 0% p.a. on purchases for 6 months.

Methodology: How we chose our top picks

To determine the top picks for different credit card categories, Finder’s experts examine over 250 cards in our database every month. We narrow it down to cards available through Finder and analyse them based on the rates, fees, offer details and other factors specific to the category.

In addition to the factors listed, we may consider any additional features or introductory offers that are relevant and have the potential to offer additional value. All our top picks are from credit card brands Finder has a commercial partnership with and may not always be best for you. Based on your situation, you may find certain features to be more or less important, so compare your options before you apply.

Why you can trust Finder's research

Rates
250+ credit cards compared
Expert
Analysis from the experts
Calendar
Picks updated regularly

Read our in-depth methodology

If you use a credit card properly, it's a great way to manage your spending, earn reward points or get your existing card debts under control with a balance transfer. But if you find you're struggling to pay it off and getting charged interest, it's time to reavaluate how you're using the card — and whether you need it.

Richard Whitten

Richard Whitten
Finder's money editor

How do I find the best credit card for me?

The ideal credit card is different for everyone (which is why there's not a single "best" credit card). But there are a few things that have universal appeal, including:

  • Low fees and interest rates to help you save on credit card costs
  • Rewards, travel perks or other extras that you can use to get more value
  • A long 0% balance transfer period if you want to pay off existing debt without interest
  • A bank you want to deal with (think good service, a cool app or mobile payments)

Types of cards and how to find the best credit card for you

There are hundreds of credit cards in Australia for both personal and business spending. These cards can be narrowed down into 5 main categories or "types". Different cards will work for different people. Here's how to find one based on your credit card habits:

medal - pay off your balance
If you want to earn points for your spending

If you use your card for everyday spending and want to be rewarded, you could check out frequent flyer, cashback or rewards credit cards that offer extra value per $1 spent. New cards usually offer thousands of bonus points as an incentive for new customers and sometimes discount the annual fee (which can be higher than on some no-frills cards). With these types of cards, always aim to pay off your balance in full every month.

If you only use your credit card for emergencies
If you only use your credit card for emergencies

This is one of the most common reasons Australians get a credit card, with Finder research showing 41% of Australians got their last credit card for emergencies. When that's the case, a no annual fee card costs you nothing to keep. And if you pay it off in full each month, it could cost you nothing at all.

pay off your balance in full
If you carry a balance from month to month

Carrying a balance from month to month can be handy but also expensive, with the average credit card interest rate now 20.6% p.a. A card with a low interest rate (typically around 8–15% p.a.) would save you money in the long run.

If you already have credit card debt
If you already have credit card debt

A balance transfer credit card can help you save money and simplify your payments by offering a low or 0% interest rate on debt you move to the new card. Balance transfer offers usually last 6–28 months, giving you some time to pay off your debt without having to pay interest. If you have a few debts, combining them can also help you save on rates and fees.

If you want a credit card for your business
If you want a credit card for your business

Some sole traders and small business owners will choose a personal credit card for their work spending. But business credit cards offer you more expense management tools and features such as detailed statement breakdowns, automatic feeds for accounting software and cards for employees. They're also more likely to offer rewards for spending with the ATO and other government bodies.

New to credit cards?

If you're not sure what some of the terms on this page mean, you can check out Finder's guide to credit cards for beginners to learn how they work. It also has a comparison of cards typically suited to new cardholders, including low rate, no annual fee and student credit cards.

Compare to find the best credit card for you

1 - 20 of 27
Name Purchase rate p.a. Bonus points Points per $ spent Interest-free period Annual fee
Qantas Premier Platinum
Qantas Premier Platinum image
Qantas Frequent Flyer
Purchase rate p.a.
19.99%
Bonus points
100,000
Points per $ spent
1
Interest-free period
Up to 55 days on purchases
Annual fee
$349 first year ($399 after)
Go to siteMore Info
Up to 100,000 Bonus Points
Earn up to 100,000 bonus Qantas Points. Plus, save with a reduced first-year annual fee and 0% p.a. for 12 months on balance transfers, with a 2% BT fee.
St.George Vertigo Card
St.George Vertigo Card image
Purchase rate p.a.
13.99%
Bonus points
N/A
Points per $ spent
N/A
Interest-free period
Up to 55 days on purchases
Annual fee
$55
Go to siteMore Info
0% Balance Transfer Offer
Get a 0% p.a. interest rate on balance transfers for 28 months (with a 1% balance transfer fee).
NAB Low Rate Credit Card
NAB Low Rate Credit Card image
Purchase rate p.a.
13.49%
Bonus points
N/A
Points per $ spent
N/A
Interest-free period
Up to 55 days on purchases
Annual fee
$0 first year ($59 after)
Go to siteMore Info
0% Balance Transfer Offer
Get a 0% p.a. interest rate on balance transfers for the first 28 months (with a 2% BT fee). Plus, save with a $0 first-year annual fee.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Virgin Australia Velocity Flyer Card - Balance Transfer Offer image
Finder Award
Velocity Frequent Flyer
Purchase rate p.a.
20.74%
Bonus points
N/A
Points per $ spent
0.66
Interest-free period
Up to 55 days on purchases
Annual fee
$0 first year ($149 after)
Go to siteMore Info
0% Balance Transfer Offer
Get 0% p.a. on balance transfers for 24 months (with no BT fee) and a $0 annual fee in the first year.
ANZ Rewards Black Credit Card
ANZ Rewards Black Credit Card image
Finder Award
ANZ Rewards Program
Purchase rate p.a.
20.99%
Bonus points
180,000
Points per $ spent
2
Interest-free period
Up to 55 days on purchases
Annual fee
$375
Go to siteMore Info
180,000 Bonus Points & $150 back
Get 180,000 bonus ANZ Reward Points (worth $800+ in digital gift cards) and $150 back when you spend $3,000 in the first 3 months.
Coles No Annual Fee Mastercard - Bonus Points Offer
Coles No Annual Fee Mastercard - Bonus Points Offer image
Flybuys
Purchase rate p.a.
0% for 6 months, then 19.99%
Bonus points
20,000
Points per $ spent
0.5
Interest-free period
Up to 55 days on purchases
Annual fee
$0
Go to siteMore Info
20,000 Bonus Flybuys Points
Special Offer: Get 20,000 bonus Flybuys points (worth $100 Flybuys Dollars) and 0% interest on purchases for the first 6 months. Ends 30 June 2024.
Virgin Money No Annual Fee Credit Card
Virgin Money No Annual Fee Credit Card image
Purchase rate p.a.
0% for 6 months, then 19.99%
Bonus points
N/A
Points per $ spent
N/A
Interest-free period
Up to 55 days on purchases
Annual fee
$0
Go to siteMore Info
0% Interest Offer
Save with a $0 annual fee and 0% p.a. on purchases for 6 months.
Westpac Low Rate Card
Westpac Low Rate Card image
Purchase rate p.a.
13.74%
Bonus points
N/A
Points per $ spent
N/A
Interest-free period
Up to 55 days on purchases
Annual fee
$59
Go to siteMore Info
0% Balance Transfer Offer
Save with a 0% p.a. interest rate on balance transfers for 28 months (with a 2% BT fee). Plus, a low 13.74% p.a. purchase interest rate.
ANZ Rewards Platinum - Velocity Points
ANZ Rewards Platinum - Velocity Points image
Velocity Frequent Flyer
Purchase rate p.a.
20.99%
Bonus points
100,000
Points per $ spent
1.5
Interest-free period
Up to 55 days on purchases
Annual fee
$149
Go to siteMore Info
Up to 100,000 Bonus Points
Get up to 100,000 bonus Velocity Points: 70k points when you spend $2,000 in the first 3 months and 30k points after 15 months.
Westpac Altitude Qantas Black
Westpac Altitude Qantas Black image
Qantas Frequent Flyer
Purchase rate p.a.
20.99%
Bonus points
120,000
Points per $ spent
0.75
Interest-free period
Up to 45 days on purchases
Annual fee
$370
Go to siteMore Info
Up to 120,000 Bonus Qantas Points Offer
Up to 120,000 bonus Qantas Points (90,000 points when you spend $6,000 in the first 120 days & 30,000 points after the first spend in year 2).
Qantas American Express Ultimate Card
Qantas American Express Ultimate Card image
Qantas Frequent Flyer
Purchase rate p.a.
23.99%
Bonus points
90,000
Points per $ spent
1.25
Interest-free period
Up to 44 days on purchases
Annual fee
$450
Go to siteMore Info
Up to 90,000 bonus Qantas Points
Get a yearly $450 Travel Credit and up to 90,000 bonus Qantas Points (70,000 when you spend $3,000 in the first 3 months and 20,000 points in year 2).
Westpac Altitude Platinum Card
Westpac Altitude Platinum Card image
Westpac Altitude Rewards
Purchase rate p.a.
20.99%
Bonus points
120,000
Points per $ spent
1
Interest-free period
Up to 45 days on purchases
Annual fee
$49 first year ($175 after)
Go to siteMore Info
120,000 Bonus Points & First-Year Annual Fee Discount
Up to 120,000 bonus Altitude Points (90,000 points when you spend $3,000 in the first 90 days & 30,000 points after the first spend in year 2).
ANZ Platinum Credit Card
ANZ Platinum Credit Card image
Purchase rate p.a.
20.99%
Bonus points
N/A
Points per $ spent
N/A
Interest-free period
Up to 55 days on purchases
Annual fee
$0 first year ($87 after)
Go to siteMore Info
$300 back & $0 First-Year Annual Fee
Get $300 back on your card when you spend $1,500 on eligible purchases in the first 3 months and a $0 first-year annual fee. Plus, complimentary overseas travel insurance.
American Express Qantas Business Rewards Card
American Express Qantas Business Rewards Card image
Qantas Business Rewards
Purchase rate p.a.
0%
Bonus points
170,000
Points per $ spent
1.25
Interest-free period
Up to 51 days on purchases
Annual fee
$450
Go to siteMore Info
170,000 Bonus Qantas Points Offer
(ABN holders w/ $75k revenue). Earn 170,000 bonus Qantas Points when you spend $6,000 in the first 3 months. Ends 25 June 2024.
NAB Rewards Platinum Card
NAB Rewards Platinum Card image
NAB Rewards
Purchase rate p.a.
20.99%
Bonus points
100,000
Points per $ spent
1
Interest-free period
Up to 44 days on purchases
Annual fee
$45 first year ($195 after)
Go to siteMore Info
Up to 100,000 Bonus Points & First-Year Annual Fee Discount
Get up to 100,000 bonus NAB Rewards Points (worth $480 in eGift cards): 80k points when you spend $1,000 in the first 60 days and 20k after 12 months.
American Express Velocity Platinum Card
American Express Velocity Platinum Card image
Velocity Frequent Flyer
Purchase rate p.a.
23.99%
Bonus points
60,000
Points per $ spent
1.25
Interest-free period
Up to 55 days on purchases
Annual fee
$375
Go to siteMore Info
60,000 Bonus Velocity Points
Get 60,000 bonus Velocity Points when you spend $3,000 in the first 3 months. Plus a return domestic flight each year. Ends 26 June 2024.
Bankwest Breeze Platinum Mastercard
Bankwest Breeze Platinum Mastercard image
Purchase rate p.a.
0% for 12 months, then 12.99%
Bonus points
N/A
Points per $ spent
N/A
Interest-free period
Up to 55 days on purchases
Annual fee
$69
Go to siteMore Info
0% Interest Offers
Get 0% p.a. interest on purchases and balance transfers for 12 months (with a 2% BT fee). Plus 0% foreign fees and complimentary overseas travel insurance.
ANZ Qantas Business Rewards
ANZ Qantas Business Rewards image
Qantas Business Rewards
Purchase rate p.a.
20.24%
Bonus points
130,000
Points per $ spent
0.75
Interest-free period
Up to 55 days on purchases
Annual fee
$375
Go to siteMore Info
130,000 Bonus Points
ABN holders w/ $75k revenue. Get 130,000 bonus Qantas Points when you spend $6,000 on eligible purchases in the first 3 months. Plus, a fast-track to Qantas Business Rewards Level 2.
ANZ Low Rate - Credit Back Offer
ANZ Low Rate - Credit Back Offer image
Purchase rate p.a.
13.74%
Bonus points
N/A
Points per $ spent
N/A
Interest-free period
Up to 55 days on purchases
Annual fee
$58
Go to siteMore Info
$250 Credit back
Get $250 back on your card when you spend $1,500 on eligible purchases in the first 3 months.
Qantas American Express Discovery Card
Qantas American Express Discovery Card image
Qantas Frequent Flyer
Purchase rate p.a.
23.99%
Bonus points
N/A
Points per $ spent
0.75
Interest-free period
Up to 44 days on purchases
Annual fee
$0
Go to siteMore Info
$0 annual fee

Earn uncapped Qantas Points for every $1 dollar spent, plus a $0 annual fee.
loading
Showing 20 of 27 results

When I first moved to Australia 9 years ago, I took out an Amex that earned Velocity Points and gave me a solid earn rate of 1.2 points per dollar spent. The card had an annual fee of $375, 2 free lounge passes, a free return domestic flight and 120,000 bonus points and away we went. After Virgin halted many of its international flights – especially to LAX – the novelty of earn rates and lower annual fees was trumped by wanting airline miles I could more easily use. On top of this, there is only a Woolies near my house which means my groceries earn Qantas Points and Amex is not accepted everywhere. Very happy with my ANZ Qantas Visa.

Taylor Blackburn,

Taylor Blackburn,
Personal finance specialist

Why you can trust Finder's credit card experts

freeYou pay nothing. Finder is free to use. And you pay the same as going direct. No markups, no hidden fees. Guaranteed.
expert adviceYou save time. We spend 100s of hours researching credit cards so you can sort the gold from the junk faster.
independentYou compare more. Our comparison tools bring you more credit cards from across the market.

Frequently asked questions

2024 Finder Awards winners and finalists

Find out which credit cards have been recognised in this year’s Finder Awards.

Every year the Finder Credit Card Awards recognise Australia's top credit cards, with expert analysis on rates, fees and offers based on 12 months' worth of data. The awards cover categories including balance transfers, travel and frequent flyer rewards – with separate categories for cards that earn Qantas Points and Velocity Points.

As offers change frequently, these cards might not currently have the most competitive deals but you can use them as a benchmark against current offers.

Back to top

Written by

Richard Whitten

Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206), a Tier 1 Generic Knowledge certification and a Tier 2 General Advice Deposit Products (RG 146) certification. See full profile

More guides on Finder

  • National Seniors Credit Card

    The National Seniors Credit Card has a low 8.99% p.a. variable interest rate and a $40 annual fee that helps support the organisation. Here’s how its other features compare.

  • Wizitcard Review

    The Wizitcard offers an alternative to traditional credit cards and buy now pay later, with no interest charges, a monthly fee and a virtual account – is it right for you?

  • Australian credit card statistics

    Discover exactly how the average Australian uses their credit card.

  • Firefighters Mutual Bank Credit Cards

    Available to firefighters and other emergency service workers, the Firefighters Mutual Bank credit card offers low-cost features.

  • How to pay rent with a credit card in Australia

    A limited number of payment platforms give you a way to pay rent with a credit card, but are the costs worth it?

  • Easy credit cards to get approval for

    When you apply for a credit card online, you could receive a response within 60 seconds. Find out how you to find a card that you're eligible for and increase your chances of approval.

  • Credit card vs debit card

    While a credit card is linked with a line of credit, a debit card is connected to your own money. Compare the differences between the card types in this guide.

  • Credit card repayment calculator

    Calculate how much you're paying in interest based on your current credit card repayments and discover how much you should pay each month to meet your financial goal.

  • No Foreign Transaction Fee Credit Cards

    Find out how you can keep your overseas spending costs down by comparing credit cards with no foreign transaction fees and no currency conversion fees.

Go to site