Compare credit card types

Shopping for a credit card? Compare the nine different card types available and find the right one for you.

There’s a wide array of credit cards in the Australian market for you to choose from. While this means plenty of choice, it also means that it can be difficult to choose one option. If you’re struggling to decide which type of card is right for you, use this guide to weigh up the key features, benefits and costs of the different types of credit cards.

No annual fee credit cards

The name says it all: no annual fee credit cards don’t charge a yearly account fee. While this can help you save money on credit card costs, it’s worth noting that these cards often have high standard purchase rates. This means you shouldn’t carry an outstanding balance on a card like this. If you rarely use your credit card or save it for emergencies, a no annual fee credit card could be a worthwhile option to consider. While some cards come with no annual fee for the life of the card, others only offer the $0 annual fee for a promotional period (such as 12 months). Once the promotional period ends, the standard annual fee will apply. Make sure you understand the conditions of the no annual fee before you apply for the card.

Who are no annual fee credit cards suited to?

If the card has a lifetime no annual fee feature, it usually means a higher interest rate, which would be suitable for people who always pay their account balance on time and in full. This card type is also appropriate for you if you rarely use your card and only want to keep one for emergencies or the occasional need. Meanwhile, promotional no annual fee offers work best for people who don’t intend to keep the card beyond its promotional “no annual fee” period.

Compare no annual fee credit cards

Rates last updated January 22nd, 2018
Name Product Annual fee Purchase rate (p.a.) Balance transfer rate (p.a.) Product Description
American Express Essential Credit Card
$0 p.a.
14.99% p.a.
0% p.a. for 12 months with 3% balance transfer fee
Get Smartphone Screen Insurance of up to $500 when you pay for your phone or contract with this card. Plus, a $0 annual fee for life.
St.George Vertigo Platinum - Online Offer
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
12.74% p.a.
0% p.a. for 24 months
Platinum card benefits plus 0% p.a. for 24 months on balance transfers (with no BT fee) and $0 annual fee in the first year. Ends 31 January 2018.
Woolworths Everyday Platinum Credit Card
$0 p.a. annual fee for the first year ($49 p.a. thereafter)
19.99% p.a.
0% p.a. for 14 months
Receive a $50 eGift Card when you meet the offer criteria, a 0% p.a. for 14 month balance transfer offer and a $0 first year annual fee.
St.George Amplify Card
$0 p.a. annual fee for the first year ($79 p.a. thereafter)
19.49% p.a.
3% p.a. for 36 months
Take advantage of a 3% p.a. interest rate on balance transfers for 36 months. Plus, a $0 first year annual fee and 1 Amplify Point per $1 spent.
Qantas American Express Discovery Card
$0 p.a.
20.74% p.a.
0% p.a. for 12 months with 1% balance transfer fee
Earn an uncapped 1 Qantas Frequent Flyer point per $1 spent, plus complimentary purchase insurance.
Citi Simplicity Card
$0 p.a.
19.99% p.a.
0% p.a. for 15 months with 1.5% balance transfer fee
Earn 5% cashback on eligible purchases (capped at $50 per month) for the first 90 days from card approval. Plus, a 15 month balance transfer offer.
ANZ Rewards Platinum
$0 p.a. annual fee for the first year ($95 p.a. thereafter)
18.79% p.a.
Receive a $0 first year annual fee offer, 65,000 bonus Reward Points when you meet the spend criteria and up to 1.5 points per $1 spent.
American Express Velocity Escape Card
$0 p.a.
20.74% p.a.
0% p.a. for 12 months with 1% balance transfer fee
Earn uncapped Velocity Points on purchases, pay $0 annual fee for life and take advantage of a 0% p.a. for 12 months balance transfer offer.
Bankwest Zero Platinum Mastercard
$0 p.a.
17.99% p.a.
2.99% p.a. for 9 months
Offers a $0 annual fee, 0% foreign transaction fees, complimentary international travel insurance and access to a 24/7 concierge service.
ANZ Frequent Flyer Black
$0 p.a. annual fee for the first year ($425 p.a. thereafter)
19.99% p.a.
Earn 75,000 bonus Qantas Points and 75 Bonus Status Credits. Plus, unlimited Véloce airport lounge access and a $0 annual fee for the first year.
Westpac 55 Day Platinum Credit Card
$0 p.a. annual fee for the first year ($90 p.a. thereafter)
19.84% p.a.
0% p.a. for 20 months with 2% balance transfer fee
Receive a 20 month balance transfer offer, up to 55 days interest-free on purchases, a platinum concierge service and a $0 first year annual fee.
Bankwest Zero Mastercard
$0 p.a.
17.99% p.a.
2.99% p.a. for 9 months
Features an ongoing $0 annual fee. Plus, receive up to 55 days interest-free on purchases and a 2.99% p.a. for 9 months on balance transfers.
St.George Vertigo Visa
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
13.24% p.a.
0% p.a. for 18 months with 1% balance transfer fee
Save with a $0 first year annual fee and a 0% p.a. for 18 months balance transfer offer. Plus, up to 55 days interest-free on purchases.

Compare up to 4 providers

Compare no annual fee credit cards here

Low interest rate credit cards

While the average credit card interest rate is around 17-18% (and can be as high as 22% p.a.), low interest rate credit cards offer rates as low as 9.99%. Some cards even offer 0% interest for an introductory period, which reverts to the standard rate when the promotion ends. So if you have some purchases in mind and know you struggle to repay your balance each month, this card could help you save on high costs. Please note that this rate usually only applies to purchases, so cash advances, balance transfers and other transactions will accrue a higher rate. Most low interest cards also charge an annual fee, so you’ll want to make sure the cost of the card doesn’t outweigh the interest savings.

Who are low interest rate credit cards suited to?

If you usually struggle to pay your balance in full each month, a low interest rate credit card could help you save on the interest you would usually pay. If you have a purchase in mind (such as furniture, electronics or airfares), a low interest rate card could help you repay the cost without accruing interest fees. As low interest cards rarely come with extra premium features, it is a good option for those who are looking for a no-frills card to help manage their cash flow.

Compare low interest rate credit cards

Rates last updated January 22nd, 2018
Name Product Purchase rate (p.a.) Interest Free Period Annual fee Balance transfer rate (p.a.) Product Description
HSBC Low Rate Credit Card
13.25% p.a.
Up to 55 days on purchases
$79 p.a.
0% p.a. for 20 months with 2% balance transfer fee
Add additional cardholders for $0 and pay using Apple Pay. Also enjoy exclusive offers with the home&Away Privilege Program.
St.George Vertigo Platinum - Online Offer
12.74% 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 24 months
Platinum card benefits plus 0% p.a. for 24 months on balance transfers (with no BT fee) and $0 annual fee in the first year. Ends 31 January 2018.
Westpac Low Rate Card - Online Only Balance Transfer Offer
13.49% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($59 p.a. thereafter)
0% p.a. for 30 months with 2% balance transfer fee
Take advantage of 0% p.a. for 30 months on balance transfers with a 2% balance transfer fee when you apply online by 28 February 2018.
Virgin Money Low Rate Credit Card
11.99% p.a.
Up to 44 days on purchases
$49 p.a.
0% p.a. for 14 months
Receive a discounted annual fee, $100 cashback when you meet the spend requirement and up to 14 months interest-free on balance transfers.
Virgin Australia Velocity Flyer Card - 0% Interest Offer
0% p.a. for 14 months (reverts to 20.74% p.a.)
Up to 44 days on purchases
$129 p.a.
0% p.a. for 6 months
Until 31 January 2018, save with 0% p.a. on purchases for 14 months. Plus, up to 0.66 Velocity Points per $1 spent.
ANZ Low Rate Platinum
11.49% p.a.
Up to 55 days on purchases
$99 p.a.
0% p.a. for 15 months
Enjoy 0% p.a. on balance transfers for 15 months with no BT fee, combined with platinum card privileges and complimentary insurances.
Bankwest Breeze Classic Mastercard
12.99% p.a.
Up to 55 days on purchases
$79 p.a.
0% p.a. for 24 months with 2% balance transfer fee
Receive a long-term balance transfer offer of 0% p.a. for 24 months, a low ongoing purchase rate and up to 55 interest-free days on purchases.
Bendigo Bank Low Rate Mastercard
11.99% p.a.
Up to 55 days on purchases
$45 p.a.
A no-frills card with a competitive annual fee, a low variable purchase interest rate of 11.99% p.a. and up to 55 interest-free days on purchases.
St.George Amplify Card
19.49% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($79 p.a. thereafter)
3% p.a. for 36 months
Take advantage of a 3% p.a. interest rate on balance transfers for 36 months. Plus, a $0 first year annual fee and 1 Amplify Point per $1 spent.
Bankwest Breeze Platinum Mastercard
12.99% p.a.
Up to 55 days on purchases
$99 p.a.
0% p.a. for 24 months with 2% balance transfer fee
Receive a 0% p.a. interest rate on balance transfers for 24 months, complimentary travel insurance and 0% foreign transaction fees.
Bank of Melbourne Vertigo Visa Credit Card
13.24% 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 18 months with 1% balance transfer fee
Save with a $0 first year annual fee and a 0% p.a. for 18 months balance transfer offer. Plus, up to 55 days interest-free on purchases.
Westpac Lite Card
9.90% p.a.
Up to 45 days on purchases
$108 p.a.
Keep credit card costs low with a maximum credit limit of $4,000, a 9.9% p.a. purchase interest rate and no foreign transaction fees.
NAB Low Rate Platinum Card
0% p.a. for 9 months (reverts to 13.99% p.a.)
Up to 55 days on purchases
$100 p.a.
4.99% p.a. for 6 months
A platinum card that offers 0% p.a. for 9 months on purchases. Plus 4.99% p.a. on balance transfers for 6 months.
Bendigo Bank Low Rate Platinum Mastercard
11.99% p.a.
Up to 55 days on purchases
$89 p.a.
Offers premium features such as mobile phone and tablet insurance and purchase protections, plus, up to 55 days interest-free on purchases.
ANZ Low Rate
12.49% p.a.
Up to 55 days on purchases
$58 p.a.
0% p.a. for 15 months
With a low minimum credit limit of $1,000, this no frills card allows you to add up to 3 additional cardholders for $0 and has Mastercard PayPass.
Bank of Melbourne Vertigo Platinum
12.74% p.a.
Up to 55 days on purchases
$99 p.a.
0% p.a. for 24 months with 1% balance transfer fee
Get a range of complimentary insurance covers, access to a 24/7 concierge and the convenience of Visa payWave contactless technology.
St.George Vertigo Visa
13.24% 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 18 months with 1% balance transfer fee
Save with a $0 first year annual fee and a 0% p.a. for 18 months balance transfer offer. Plus, up to 55 days interest-free on purchases.
American Express Essential Credit Card
14.99% p.a.
Up to 55 days on purchases
$0 p.a.
0% p.a. for 12 months with 3% balance transfer fee
Get Smartphone Screen Insurance of up to $500 when you pay for your phone or contract with this card. Plus, a $0 annual fee for life.
BankSA Vertigo Visa
13.24% 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 18 months with 1% balance transfer fee
A no-frills Visa with the protection of a zero liability policy and a 24/7 fraud monitoring service.
NAB Low Rate Credit Card
0% p.a. for 6 months (reverts to 13.99% p.a.)
Up to 55 days on purchases
$59 p.a.
4.99% p.a. for 6 months
This card offers a low introductory rate of 0% p.a. for 6 months on purchases. Plus 4.99% p.a. on balance transfers for 6 months.

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Learn more about low interest rate credit cards here

Balance transfer credit cards

A balance transfer refers to when you transfer an existing debt that is accruing high interest from one or more credit accounts to another credit card with a 0% promotional balance transfer rate. While the 0% balance transfer is in place, you can consolidate and pay off your debts without the cost of interest. These promotional rates are only in place for an introductory period (of usually 6 to 20 months) and will revert to a higher rate (usually the standard purchase or cash advance rate) when the promotion ends. While you’ll only be required to pay the minimum repayment each month, it’s important to pay as much as you can each statement period to pay off your balance before the promotional period ends. Otherwise, any remaining debt will continue to grow as it starts to attract the revert rate.

Who are balance transfer credit cards suited to?

A balance transfer credit card can be a useful tool for cardholders who are looking to consolidate and pay down their debt without the cost of interest. As these promotional purchases are restricted by the length of the promotional period, balance transfers are good for cardholders who want to pay off their debt before a deadline. If you’re planning to make purchases with your card, a balance transfer credit card isn’t for you. As repayments are allocated to whichever balance is collecting the highest interest, your repayments will go to purchases first if they’re accruing the standard rate. If a promotional balance transfer rate is in place, you should really concentrate on paying off that debt rather than using the card for purchases and racking up more debt.

Compare 0% balance transfer credit cards

Rates last updated January 22nd, 2018
$
% p.a.

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Name Product Balance transfer rate (p.a.) Purchase rate (p.a.) Annual fee Amount Saved Product Description
St.George Vertigo Platinum - Online Offer
0% p.a. for 24 months
12.74% p.a.
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Platinum card benefits plus 0% p.a. for 24 months on balance transfers (with no BT fee) and $0 annual fee in the first year. Ends 31 January 2018.
NAB Premium Card - Exclusive Offer
0% p.a. for 25 months
19.74% p.a.
$90 p.a.
Exclusive to finder.com.au, enjoy a no BT fee, 0% balance transfer offer for 25 months and seven complimentary insurance covers.
Westpac Low Rate Card - Online Only Balance Transfer Offer
0% p.a. for 30 months with 2% balance transfer fee
13.49% p.a.
$0 p.a. annual fee for the first year ($59 p.a. thereafter)
Take advantage of 0% p.a. for 30 months on balance transfers with a 2% balance transfer fee when you apply online by 28 February 2018.
Citi Platinum Credit Card - 100k Bonus Points
0% p.a. for 15 months with 1% balance transfer fee
20.99% p.a.
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
Earn 100,000 reward Points, enjoy a long-term balance transfer offer, a discounted first year annual fee and complimentary travel insurance.
HSBC Platinum Credit Card
0% p.a. for 22 months with 2% balance transfer fee
19.99% p.a.
$129 p.a.
Offers a 0% p.a. for 22 months balance transfer and an annual fee refund each year when you spend $6,000. Plus, complimentary travel insurance.
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 0% p.a. for 18 months on balance transfers, earn 3 bonus Velocity Points per $1 for the first 3 months and get a yearly $129 Gift Voucher.
Virgin Money Low Rate Credit Card
0% p.a. for 14 months
11.99% p.a.
$49 p.a.
Receive a discounted annual fee, $100 cashback when you meet the spend requirement and up to 14 months interest-free on balance transfers.
Bankwest Breeze Classic Mastercard
0% p.a. for 24 months with 2% balance transfer fee
12.99% p.a.
$79 p.a.
Receive a long-term balance transfer offer of 0% p.a. for 24 months, a low ongoing purchase rate and up to 55 interest-free days on purchases.
Bank of Melbourne Vertigo Platinum
0% p.a. for 24 months with 1% balance transfer fee
12.74% p.a.
$99 p.a.
Offers a long-term balance transfer, low ongoing purchase rate, complimentary travel insurance and access to a 24/7 personal concierge service.
NAB Low Rate Platinum Card
4.99% p.a. for 6 months
0% p.a. for 9 months (reverts to 13.99% p.a.)
$100 p.a.
A platinum card that offers 0% p.a. for 9 months on purchases. Plus 4.99% p.a. on balance transfers for 6 months.

Compare up to 4 providers

Compare balance transfer credit cards here

Rewards credit cards

Rewards credit cards let you earn points as you spend, which you can then redeem for rewards including flights and frequent flyer points transfers, hotel accommodation, gift cards and shopping vouchers, lifestyle products and entertainment events. Many of these cards also come with travel and lifestyle perks tailored for frequent travellers, including airport lounge access and complimentary travel insurance. Rewards cards usually charge a premium, such as higher interest rates and annual fees, for these benefits. This makes it important to consider whether or not the value of the rewards you earn will offset your card costs. Also bear in mind the points caps and point expiry conditions that apply to some of these cards.

Who are rewards credit cards suited to?

Rewards credit cards are most suitable for people who charge a lot of expenses to their credit cards, but who are disciplined enough to pay off their account balances monthly. The high spending requirements of most of these cards also make them better suited to people who are high-income earners, big spenders and genuinely geared towards earning and redeeming rewards.

Compare rewards credit cards

Rates last updated January 22nd, 2018
Name Product Bonus Points Rewards Program Rewards Points per $ spent Purchase rate (p.a.) Annual fee Product Description
Westpac Altitude Black - Altitude Qantas 100k Bonus Points
100,000 bonus points
Qantas Frequent Flyer


1.25


0.625
20.24% p.a.
$250 p.a. annual fee for the first year ($395 p.a. thereafter)
Earn 100,000 bonus Qantas Points when you meet the spend requirement, plus, a discounted first year annual fee. Ends on 31 January 2018.
NAB Qantas Rewards Signature Card
100,000 bonus points
Qantas Frequent Flyer


1
19.99% p.a.
$395 p.a.
Collect 100,000 bonus Qantas Points when you spend $3,000 within 60 days of account opening. Plus, earn up to 20,000 points per statement period.
Virgin Australia Velocity Flyer Card - Bonus Points Offer
60,000 bonus points
Velocity Frequent Flyer


0.66
20.74% p.a.
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Earn up to 60,000 bonus Velocity Points in the first 3 months on eligible spend and enjoy a discounted annual fee of $64 for the first year.
Citi Platinum Credit Card - 100k Bonus Points
100,000 bonus points
Citi Rewards Program


1
20.99% p.a.
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
Earn 100,000 reward Points, enjoy a long-term balance transfer offer, a discounted first year annual fee and complimentary travel insurance.
Woolworths Everyday Platinum Credit Card
Woolworths Rewards


1
19.99% p.a.
$0 p.a. annual fee for the first year ($49 p.a. thereafter)
Receive a $50 eGift Card when you meet the offer criteria, a 0% p.a. for 14 month balance transfer offer and a $0 first year annual fee.
Virgin Australia Velocity Flyer Card - 0% Interest Offer
Velocity Frequent Flyer


0.66
0% p.a. for 14 months (reverts to 20.74% p.a.)
$129 p.a.
Save with 0% p.a. on purchases for 14 months. Plus, a $129 Virgin Australia Gift Voucher every year you hold the card.
American Express Velocity Platinum Card - Online Offer
100,000 bonus points
Velocity Frequent Flyer


1.5
20.74% p.a.
$375 p.a.
Receive 100,000 bonus Velocity Points, a complimentary Virgin Australia return Economy domestic flight each year, plus, 4 lounge passes.
ANZ Frequent Flyer Black
75,000 bonus points
Qantas Frequent Flyer


1
19.99% p.a.
$0 p.a. annual fee for the first year ($425 p.a. thereafter)
Take advantage of 75 Bonus Status Credits when you apply by 24 January 2018, and buy and fly return with Qantas by 31 May 2018.
ANZ Frequent Flyer Platinum
65,000 bonus points
Qantas Frequent Flyer


0.75
19.99% p.a.
$0 p.a. annual fee for the first year ($295 p.a. thereafter)
Receive 65,000 bonus Qantas Points when you spend $2,500 on eligible purchases within the first 3 months. Plus, a $0 annual fee for the first year.
Qantas Premier Everyday
20,000 bonus points
Qantas Frequent Flyer


0.75
19.99% p.a.
$49 p.a.
Take advantage of 20,000 bonus Qantas Points, a 0% p.a. for 15 balance transfer offer, plus, included travel insurance for a $49 annual fee.

Compare up to 4 providers

Compare rewards credit cards

Frequent flyer credit cards

Frequent flyer credit cards are a type of reward credit card that is linked to a specific frequent flyer program, such as Qantas Frequent Flyer or Velocity Frequent Flyer. These cards strictly earn and redeem that program’s rewards points. Depending on the frequent flyer program, your redemption possibilities with this type of credit card are similar to other rewards cards: you may use your points for flights and seat upgrades, to book hotel stays and car rentals, or exchange them for gift cards, shopping vouchers, electronics or other products. These cards may also have other perks associated with the airline, such as lounge passes, priority check-in or complimentary upgrades.

Who are frequent flyer credit cards suited to?

This type of card is most appropriate if you are a frequent flyer and have a preferred airline you’d like to be able to fly with using points. Just as with rewards credit cards though, frequent flyer credit cards generally come with high annual fees and interest rates, so you should get this type of card only if you’ll benefit from the perks and can be disciplined to pay your monthly balance in full.

Compare frequent flyer credit cards

Rates last updated January 22nd, 2018
Name Product Bonus Points Rewards Program Rewards Points per $ spent Purchase rate (p.a.) Annual fee Product Description
Westpac Altitude Black - Altitude Qantas 100k Bonus Points
100,000 bonus points
Qantas Frequent Flyer


1.25


0.625
20.24% p.a.
$250 p.a. annual fee for the first year ($395 p.a. thereafter)
Earn 100,000 bonus Qantas Points when you meet the spend requirement, plus, a discounted first year annual fee. Ends on 31 January 2018.
NAB Qantas Rewards Signature Card
100,000 bonus points
Qantas Frequent Flyer


1
19.99% p.a.
$395 p.a.
Earn Qantas Points on your everyday spending, take advantage of complimentary overseas travel insurance and a 24/7 concierge service.
Virgin Australia Velocity Flyer Card - Bonus Points Offer
60,000 bonus points
Velocity Frequent Flyer


0.66
20.74% p.a.
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Earn up to 60,000 bonus Velocity Points in the first 3 months on eligible spend and enjoy a discounted annual fee of $64 for the first year.
Citi Platinum Credit Card - 100k Bonus Points
100,000 bonus points
Citi Rewards Program


1
20.99% p.a.
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
Earn 100,000 reward Points, enjoy a long-term balance transfer offer, a discounted first year annual fee and complimentary travel insurance.
ANZ Frequent Flyer Black
75,000 bonus points
Qantas Frequent Flyer


1
19.99% p.a.
$0 p.a. annual fee for the first year ($425 p.a. thereafter)
Earn 75,000 bonus Qantas Points and 75 Bonus Status Credits. Plus, unlimited Véloce airport lounge access and a $0 annual fee for the first year.
American Express Velocity Platinum Card - Online Offer
100,000 bonus points
Velocity Frequent Flyer


1.5
20.74% p.a.
$375 p.a.
Receive 100,000 bonus Velocity Points, a complimentary Virgin Australia return Economy domestic flight each year, plus, 4 lounge passes.
Virgin Australia Velocity Flyer Card - 0% Interest Offer
Velocity Frequent Flyer


0.66
0% p.a. for 14 months (reverts to 20.74% p.a.)
$129 p.a.
Receive a $129 Virgin Australia Gift Voucher each year, save with up to 44 interest-free days and complimentary transit accident insurance.
ANZ Frequent Flyer Platinum
65,000 bonus points
Qantas Frequent Flyer


0.75
19.99% p.a.
$0 p.a. annual fee for the first year ($295 p.a. thereafter)
Earn Qantas Points and take advantage of complimentary international travel insurance and a 24/7 concierge service.
HSBC Platinum Qantas Credit Card
60,000 bonus points
Qantas Frequent Flyer


1
19.99% p.a.
$199 p.a.
Receive a complimentary Qantas Frequent Flyer membership and take advantage of complimentary international travel insurance.
St.George Amplify Platinum
60,000 bonus points
Amplify Rewards


1
19.49% p.a.
$99 p.a.
Receive 60,000 bonus Amplify or Qantas Points when you spend $3,000 within 90 days and earn up to 1 Amplify point per $1 spent.

Compare up to 4 providers

Compare frequent flyer credit cards here

Gold, platinum and black cards

These cards represent an elite subset of credit cards catering to the higher income demographic. They have higher minimum credit limits and offer more luxury benefits, such as travel insurance, business class lounge access, concierge services, or higher reward point earning rates. They also charge higher annual fees in exchange for these benefits. As premium options, the eligibility criteria for gold, platinum and black credit cards are stricter when it comes to your credit score and minimum income requirements.

Who are gold, platinum and black credit cards suited to?

These cards can be ideal for you if your yearly income meets their approval requirement, and if you’re a frequent traveller looking to ramp up your points-earning potential and enjoy some complimentary extras at the same time. Since they usually also charge high interest rates, this type of card is probably not for people who wish to carry a balance from month-to-month.

Compare gold, platinum and black credit cards

Rates last updated January 22nd, 2018
Name Product Bonus Points Rewards Program Rewards Points per $ spent Purchase rate (p.a.) Annual fee Product Description
HSBC Platinum Credit Card
HSBC Rewards Plus


1
19.99% p.a.
$129 p.a.
Take advantage of a 0% p.a. for 22 months on balance transfers offer with a 2% balance transfer fee.
NAB Premium Card - Exclusive Offer
19.74% p.a.
$90 p.a.
Exclusive to finder.com.au, enjoy a no BT fee, 0% balance transfer offer for 25 months and seven complimentary insurance covers.
St.George Vertigo Platinum - Online Offer
12.74% p.a.
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Platinum card benefits plus 0% p.a. for 24 months on balance transfers (with no BT fee) and $0 annual fee in the first year. Ends 31 January 2018.
Woolworths Everyday Platinum Credit Card
Woolworths Rewards


1
19.99% p.a.
$0 p.a. annual fee for the first year ($49 p.a. thereafter)
Receive a $50 eGift Card when you meet the offer criteria, a 0% p.a. for 14 month balance transfer offer and a $0 first year annual fee.
Citi Rewards Platinum Credit Card
Citi Rewards Program


1
20.99% p.a.
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
Enjoy a long-term balance transfer offer of 0% p.a. for 26 months with a 2.5% balance transfer fee.
Westpac Altitude Black - Altitude Qantas 100k Bonus Points
100,000 bonus points
Qantas Frequent Flyer


1.25


0.625
20.24% p.a.
$250 p.a. annual fee for the first year ($395 p.a. thereafter)
Earn 100,000 bonus Qantas Points when you meet the spend requirement, plus, a discounted first year annual fee. Ends on 31 January 2018.
American Express Velocity Platinum Card - Online Offer
100,000 bonus points
Velocity Frequent Flyer


1.5
20.74% p.a.
$375 p.a.
Receive 100,000 bonus Velocity Points, a complimentary Virgin Australia return Economy domestic flight each year, plus, 4 lounge passes.
Westpac 55 Day Platinum Credit Card
19.84% p.a.
$0 p.a. annual fee for the first year ($90 p.a. thereafter)
Receive a 20 month balance transfer offer, up to 55 days interest-free on purchases, a platinum concierge service and a $0 first year annual fee.
ANZ Low Rate Platinum
11.49% p.a.
$99 p.a.
Enjoy 0% p.a. on balance transfers for 15 months with no BT fee, combined with platinum card privileges and complimentary insurances.
Westpac Altitude Black - 100k Bonus Points
100,000 bonus points
Westpac Altitude Rewards


2.5


1.25
20.24% p.a.
$250 p.a. annual fee for the first year ($395 p.a. thereafter)
Earn 100,000 bonus Altitude Points when you meet the spend requirement. Ends on 31 January 2018.

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Compare gold, platinum and black credit cards here

Student credit cards

Student credit cards are designed specifically for people studying at an accredited university or educational institution. They usually have low annual fees that may be waived completely if you meet the eligibility requirements. As students usually don’t have high incomes, these cards typically offer low credit limits, which could start from as little as $200. Also, if you don’t meet the income requirement, you will need a cosigner to bear the liability for any debt you might fail to repay.

Who are student credit cards suited to?

Student credit cards are perfect for students who want more flexibility with their cash flow or who want to start building up good credit history. These cards can be a great way to practise money management and can give you access to extra freebies like purchase protection and extended warranties on purchases.

Compare student credit cards

Rates last updated January 22nd, 2018
Name Product Purchase rate (p.a.) Interest Free Period Annual fee Balance transfer rate (p.a.) Product Description
ANZ First Student Card
19.74% p.a.
Up to 44 days on purchases
$0 p.a. annual fee for the first year ($30 p.a. thereafter)
Access your account on the go with the goMoney™ app and have the convenience of Android Pay, Apple Pay or Samsung Pay.
NAB Low Rate Credit Card
0% p.a. for 6 months (reverts to 13.99% p.a.)
Up to 55 days on purchases
$59 p.a.
4.99% p.a. for 6 months
Receive special offers from Visa Entertainment, emergency travel assistance and the convenience of payWave.
Bendigo Bank Low Rate First Mastercard
11.99% p.a.
Up to 55 days on purchases
$29 p.a.
Exclusively for customers aged 18 to 25 years, this card gives you up to 55 interest-free days and a low variable interest rate on purchases.
Citi Simplicity Card
19.99% p.a.
Up to 55 days on purchases
$0 p.a.
0% p.a. for 15 months with 1.5% balance transfer fee
Earn 5% cashback on eligible purchases (capped at $50 per month) for the first 90 days from card approval. Plus, a 15 month balance transfer offer.
ANZ Low Rate
12.49% p.a.
Up to 55 days on purchases
$58 p.a.
0% p.a. for 15 months
Get access to Mastercard's Priceless Cities and mobile payment technology with Android Pay, Apple Pay or Samsung Pay.
Citi Clear Platinum
14.99% p.a.
Up to 55 days on purchases
$99 p.a.
A platinum card with benefits including complimentary insurance, a 24-hour concierge service and Citi World privileges.
28 Degrees Platinum Mastercard
21.99% p.a.
Up to 55 days on purchases
$0 p.a.
4.99% p.a. for 6 months
Designed for travel, benefit from 0% foreign transaction fees on purchases, a $0 annual fee for life and a personal concierge service.
HSBC Low Rate Credit Card
13.25% p.a.
Up to 55 days on purchases
$79 p.a.
0% p.a. for 20 months with 2% balance transfer fee
Enjoy exclusive offers with the home&Away Privilege Program, a low $1,000 credit limit and the ability to use Apple Pay.

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Compare student credit cards here

Business credit cards

Business credit cards are tailored for businesses, with features that are designed to keep track of company expenses, manage cash flow and maximise rewards earning. Business credit cards essentially operate the same way as personal credit cards with credit limits, annual fees and interest rates, except they come with specific features to aid business management. These features include the ability to customise spending limits on different employee cards, the ability to track expenses, as well as complimentary analytics tools designed to help with business reporting and budgeting. Some business credit cards also give you the ability to earn rewards for your spending.

Who are business credit cards suited to?

If you run a business, this can be an ideal way to stay abreast of business expenses and streamline your accounting processes. As with personal credit cards, there are a number of different types of business credit cards, so you should compare them before choosing the most appropriate one for your business.

Compare business credit cards

Rates last updated January 22nd, 2018
Name Product Bonus Points Rewards Points per $ spent Complimentary Travel Insurance Annual fee Minimum Income Product Description
NAB Rewards Business Signature Card
100,000 bonus points


1.25
No
$175 p.a.
Earn 100,000 bonus points when you spend $3,000 on everyday business purchases in the first 60 days of account opening. Ends 25 February 2018.
Bankwest Low Rate Business Mastercard
No
$99 p.a.
Offers an introductory 0% p.a. interest rate on purchases for 12 months. Plus, add up to 3 additional cardholders for $0 on this low rate card.
American Express Velocity Business Card


1
Yes
$249 p.a.
$24,000
Take advantage of Velocity Points per $1 spent, no pre-set spending limit, data that feeds into MYOB and up to 51 days interest-free on purchases.
American Express Business Explorer Credit Card
100,000 bonus points


2
Yes
$395 p.a.
$24,000
Earn 100,000 bonus points when you meet the spend criteria. Plus, 2 yearly entries to the American Express Lounge at Sydney International Airport.
American Express Qantas Business Rewards Card
100,000 bonus points


1.25
Yes
$450 p.a.
$24,000
Earn up to 100,000 bonus points, 2 Qantas Points per $1 spent on eligible purchases and enjoy up to 51 days interest-free on purchases.
American Express Gold Business Card
10,000 bonus points


1
Yes
$169 p.a.
$24,000
Take advantage of 10,000 bonus points, no pre-set spending limit, data that feeds to MYOB and up to 51 days interest-free on purchases.
American Express Platinum Business Card
120,000 bonus points


1
Yes
$1,500 p.a.
$75,000
Enjoy 120,000 bonus points, a platinum business concierge, complimentary Virgin Lounge access, worldwide travel insurance and hotel benefits.
American Express Business Card


1
Yes
$109 p.a.
$24,000
Earn up to 1.00 Membership Rewards point per $1 spent and extend your cashflow with up to 51 interest-free days on purchases.
NAB Qantas Business Signature Card
100,000 bonus points


0.66
No
$295 p.a.
Receive 100,000 bonus Qantas Points and earn points on eligible business purchases. Also get up to 44 days interest-free and multiple cards.

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Compare business credit cards

Travel credit cards

Travel credit cards are designed for overseas use, and offer such perks as 0% foreign transaction fees or free international ATM withdrawals. They may also offer 0% purchase interest rates for a period of time, which allows you to make repayments without having to worry about interest. A key benefit of using travel credit cards as opposed to cash or traveller’s cheques is the safety and convenience of carrying plastic instead of wads of cash. Another potential benefit is the ability to tap into the day’s current exchange rate instead of being locked into an exchange rate.

Who are travel credit cards suited to?

Travel credit cards could be handy for frequent travellers or cardholders with an upcoming holiday. When compared to using your regular credit card abroad, having a travel credit card can save you substantial fees on currency exchange and ATM withdrawals. Remember that even if your card has a 0% promotional purchase rate, this will not apply to amounts you withdraw from the ATM. Cash withdrawals will be levied with a cash advance fee and charged interest at the higher cash advance interest rate immediately. If you plan on making international cash withdrawals, making a prepayment on your account or using a debit card can help you avoid interest fees.

Compare travel credit cards

Rates last updated January 22nd, 2018
Name Product Foreign Currency Conversion Fee Overseas ATM Withdrawal Fee Overseas Cash Advance Fee Annual fee Product Description
Bankwest Zero Platinum Mastercard
0% of transaction value
$0
2% of transaction amount or $4 (whichever is greater)
$0 p.a.
Offers a $0 annual fee, 0% foreign transaction fees, complimentary international travel insurance and access to a 24/7 concierge service.
Bankwest Breeze Platinum Mastercard
0% of transaction value
$0
2% of transaction amount or $4 (whichever is greater)
$99 p.a.
Receive a 0% p.a. interest rate on balance transfers for 24 months, complimentary travel insurance and 0% foreign transaction fees.
28 Degrees Platinum Mastercard
0% of transaction value
$0
3% of the cash advance or $4 (whichever is greater)
$0 p.a.
Designed for travel, benefit from 0% foreign transaction fees on purchases, a $0 annual fee for life and a personal concierge service.
ANZ Rewards Travel Adventures card
0% of transaction value
$0
$0
$225 p.a.
Receive 40,000 bonus Velocity Points, 2 yearly Virgin Australia lounge passes, plus enjoy $0 overseas purchase transaction fees.

Westpac Lite Card
0% of transaction value
2%
$108 p.a.
Keep credit card costs low with a maximum credit limit of $4,000, a 9.9% p.a. purchase interest rate and no foreign transaction fees.
Bankwest Qantas Platinum Mastercard
0% of transaction value
$0
2% or $4, whichever is greater
$160 p.a.
Enjoy 0% foreign transaction fees, complimentary travel insurances and earn 0.5 Qantas Points per $1 spent on eligible purchases.
Bankwest More Platinum Mastercard
0% of transaction value
$0
2% of transaction amount or $4 (whichever is greater)
$160 p.a.
Earn 2 More Rewards Points per $1 spent, 75,000 bonus points when you meet the spend requirement and save with 0% foreign transaction fees.

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Compare travel credit cards here

There is no better or worse type of credit card. Each option is suitable for a different kind of spender or borrower. This is what you should figure out about yourself before deciding what sort of credit card to get: which type of spender or borrower are you?

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Credit Card Offers

Important Information*
NAB Premium Card - Exclusive Offer
NAB Premium Card - Exclusive Offer

Interest rate

19.74

Annual fee

90
St.George Vertigo Platinum - Online Offer
St.George Vertigo Platinum - Online Offer

Interest rate

12.74

Annual fee

99
Woolworths Everyday Platinum Credit Card
Woolworths Everyday Platinum Credit Card

Interest rate

19.99

Annual fee

49
Virgin Money Low Rate Credit Card
Virgin Money Low Rate Credit Card

Interest rate

11.99

Annual fee

49

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Credit Cards Comparison

Rates last updated January 22nd, 2018
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
NAB Premium Card - Exclusive Offer
19.74% p.a.
0% p.a. for 25 months
$90 p.a.
Exclusive to finder.com.au, enjoy a no BT fee, 0% balance transfer offer for 25 months and seven complimentary insurance covers.
St.George Vertigo Platinum - Online Offer
12.74% p.a.
0% p.a. for 24 months
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers complimentary travel insurance, complimentary purchase insurance and access to a 24/7 personal concierge service.
Woolworths Everyday Platinum Credit Card
19.99% p.a.
0% p.a. for 14 months
$0 p.a. annual fee for the first year ($49 p.a. thereafter)
Receive a $50 eGift Card when you meet the offer criteria, a 0% p.a. for 14 month balance transfer offer and a $0 first year annual fee.
Virgin Australia Velocity Flyer Card - Bonus Points Offer
20.74% p.a.
0% p.a. for 18 months
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Earn up to 60,000 bonus Velocity Points in the first 3 months on eligible spend and enjoy a discounted annual fee of $64 for the first year.

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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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