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 March 24th, 2017.

Citi Simplicity Card

0% p.a. for 9 months has been updated to 15 mos. on balance transfers. Offer ends 30 June 2017.

January 13th, 2017

American Express Platinum Edge Credit Card

Bonus points have been updated from 10,000 to 5,000 + no annual fee for the first year.

January 31st, 2017

ANZ Rewards Platinum

A new offer of $250 Westfield Gift Card on eligible spend plus $0 annual fee for the first year

March 1st, 2017

View latest updates

Jonathan Choi Jonathan
Annual fee Purchase rate (p.a.) Balance transfer rate (p.a.)
American Express Essential®  Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card. Also enjoy a 0% p.a. balance transfer rate for 12 months.
$0 p.a. 14.99% p.a. 0% p.a. for 12 months with 1% balance transfer fee Go to site More info
ANZ Platinum Credit Card - Exclusive Offer
Receive a low introductory offer of 0% p.a. on purchases for 3 months and 0% p.a. on balance transfers for 12 months. Also, enjoy an annual fee waiver in the first year.
$0 p.a. annual fee for the first year ($87 p.a. thereafter) 0% p.a. for 3 months (reverts to 19.74% p.a.) 0% p.a. for 12 months Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
$149 p.a. 19.99% p.a. 0% p.a. for 15 months Go to site More info
ANZ Frequent Flyer Black
Receive 75,000 bonus Qantas Points when you spend $2,500 on eligible purchases within the first 3 months. Plus, earn 75 Bonus Status Credits when you apply by 30 June 2017, buy and fly return with Qantas by 30 September 2017.
$0 p.a. annual fee for the first year ($425 p.a. thereafter) 19.99% p.a. Go to site More info
American Express Platinum Edge Credit Card
Receive 5,000 Membership Rewards Bonus Points when you meet the minimum spend requirement. Enjoy a $200 travel credit every year and get 0% p.a. for 12 months on balance transfers.
$0 p.a. annual fee for the first year ($195 p.a. thereafter) 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee Go to site More info
Citi Simplicity Card
Pay no annual fee ever, plus receive access to complimentary purchase insurance and the Citibank Dining Program.
$0 p.a. 19.99% p.a. 0% p.a. for 15 months with 1.5% balance transfer fee Go to site More info
ANZ Frequent Flyer Platinum
Get 50,000 bonus Qantas Points when you apply online, are approved and spend $2,500 on eligible purchases within the first 3 months. Enjoy a waived annual fee for the first year and earn Qantas Points for spending.
$0 p.a. annual fee for the first year ($295 p.a. thereafter) 19.99% p.a. Go to site More info
28 Degrees Platinum MasterCard
No annual fee for life, up to 55 days interest-free on purchases and no foreign transaction fees.
$0 p.a. 21.99% p.a. 4.99% p.a. for 6 months Go to site More info
ANZ Rewards Platinum
Receive $250 Westfield Gift Card when you spend $2,500 within 60 days from card approval and enjoy no annual fee for the first year.
$0 p.a. annual fee for the first year ($95 p.a. thereafter) 18.79% p.a. Go to site More info
NAB Rewards Platinum Card
Enjoy 80,000 bonus points when you spend $2,500 on everyday purchases within 90 days from card approval. Benefit from $0 annual fee for the first year and a range of platinum features.
$0 p.a. annual fee for the first year ($195 p.a. thereafter) 19.99% p.a. 4.99% p.a. for 6 months Go to site More info

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 March 24th, 2017.

Bank of Melbourne Vertigo Visa Credit Card

Balance transfer offer has been changed to 0% p.a. for 12 months and is valid until 1 May 2017.

February 21st, 2017

St.George Vertigo Visa

Balance transfer offer has been changed to 0% p.a. for 12 months and is valid until 1 May 2017.

February 21st, 2017

ANZ Low Rate Platinum

New balance transfer offer of 0% p.a. for 16 months with 2% balance transfer fee.

March 15th, 2017

View latest updates

Jonathan Choi Jonathan
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Interest Free Period
St.George Vertigo Visa
Introductory offer of 0% p.a. for 12 months on balance transfers and 0% p.a. for 6 months on purchases, plus a low annual fee.
0% p.a. for 6 months (reverts to 13.24% p.a.) 0% p.a. for 12 months $55 p.a. Up to 55 days on purchases Go to site More info
American Express Essential®  Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card. Also enjoy a 0% p.a. balance transfer rate for 12 months.
14.99% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. Up to 55 days on purchases Go to site More info
HSBC Low Rate Credit Card
This card comes with a balance transfer offer, a low interest rate and up to 55 days interest-free on purchases.
13.25% p.a. 0% p.a. for 15 months with 2% balance transfer fee $55 p.a. Up to 55 days on purchases Go to site More info
NAB Low Rate Credit Card
The NAB Low Rate Card offers 0% p.a. on balance transfers for the first 18 months combined with a low annual fee.
13.99% p.a. 0% p.a. for 18 months with 3% balance transfer fee $59 p.a. Up to 55 days on purchases Go to site More info
ANZ Low Rate Platinum
Enjoy platinum benefits with exclusive discounts, complimentary travel insurance and personal concierge. Also repay your credit card debt interest-free with 0% p.a. for 16 months on balance transfers.
11.49% p.a. 0% p.a. for 16 months with 2% balance transfer fee $99 p.a. Up to 55 days on purchases Go to site More info
NAB Low Rate Platinum Card
Offers a low introductory rate of 0% p.a. on balance transfers for 18 months plus enjoy premium benefits including international travel insurance.
13.99% p.a. 0% p.a. for 18 months with 3% balance transfer fee $100 p.a. Up to 55 days on purchases Go to site More info
ANZ Low Rate
Take advantage of 0% p.a. for 16 months on balance transfers and a low ongoing interest rate on purchases.
12.49% p.a. 0% p.a. for 16 months with 2% balance transfer fee $58 p.a. Up to 55 days on purchases Go to site More info
St.George Vertigo Platinum - Online Only Balance Transfer Offer
Enjoy a long-term balance transfer offer of 3% p.a. for 36 months when you apply online, plus complimentary insurance covers and a personal concierge service.
12.74% p.a. 3% p.a. for 36 months $99 p.a. Up to 55 days on purchases Go to site More info
Westpac Low Rate Card
A simple low interest rate card featuring a low ongoing rate on purchases, up to 55 days interest-free on purchases and a low annual fee.
0% p.a. for 6 months (reverts to 13.49% p.a.) 0% p.a. for 12 months $59 p.a. Up to 55 days on purchases Go to site More info
Bank of Melbourne Vertigo Visa Credit Card
Enjoy a low annual fee combined with 0% p.a. balance transfer offer for 12 months and 0% p.a. for up to 6 months on purchases.
0% p.a. for 6 months (reverts to 13.24% p.a.) 0% p.a. for 12 months $55 p.a. Up to 55 days on purchases Go to site More info

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 March 24th, 2017.

HSBC Low Rate Credit Card

Annual fee waiver was removed while BT offer was changed to 0% for 15 mos. until 30 June 2017.

February 9th, 2017

St.George Vertigo Visa

Balance transfer offer has been changed to 0% p.a. for 12 months and is valid until 1 May 2017.

February 21st, 2017

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

0% p.a. for 18 months balance transfer offer has been extended until 3 April 2017.

February 28th, 2017

View latest updates

Jonathan Choi Jonathan
$
% p.a.

Your search criteria didn't return any products. Click to reset your filter options and search again
Balance transfer rate (p.a.) Purchase rate (p.a.) Annual fee Interest Saved
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Offers 0% p.a. interest rate on balance transfers for 18 months to help you manage your existing credit card balance with a reduced annual fee in the first year.
0% p.a. for 18 months 20.74% p.a. $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
0% p.a. for 15 months 19.99% p.a. $149 p.a. Go to site More info
St.George Vertigo Visa
Introductory offer of 0% p.a. for 12 months on balance transfers and 0% p.a. for 6 months on purchases, plus a low annual fee.
0% p.a. for 12 months 0% p.a. for 6 months (reverts to 13.24% p.a.) $55 p.a. Go to site More info
ANZ Platinum Credit Card - Exclusive Offer
Receive a low introductory offer of 0% p.a. on purchases for 3 months and 0% p.a. on balance transfers for 12 months. Also, enjoy an annual fee waiver in the first year.
0% p.a. for 12 months 0% p.a. for 3 months (reverts to 19.74% p.a.) $0 p.a. annual fee for the first year ($87 p.a. thereafter) Go to site More info
Citi Rewards Platinum Credit Card
A long-term balance transfer offer with the Citi Rewards Platinum Card. Earn extra points on eligible overseas spend and includes travel insurance.
0% p.a. for 24 months with 1.5% balance transfer fee 20.99% p.a. $49 p.a. annual fee for the first year ($149 p.a. thereafter) Go to site More info
American Express Essential®  Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card. Also enjoy a 0% p.a. balance transfer rate for 12 months.
0% p.a. for 12 months with 1% balance transfer fee 14.99% p.a. $0 p.a. Go to site More info
NAB Premium Card
Benefit from premium credit card advantages including travel insurance, Platinum Concierge Service plus 0% p.a. for 24 months on balance transfers.
0% p.a. for 24 months with a one off 3% balance transfer fee 19.74% p.a. $90 p.a. Go to site More info
Bankwest Breeze MasterCard
Enjoy an introductory rate of 0% p.a. on balance transfers for 21 months (2% balance transfer fee applies). Limited time only.
0% p.a. for 21 months with 2% balance transfer fee 12.99% p.a. $59 p.a. Go to site More info
HSBC Low Rate Credit Card
This card comes with a balance transfer offer, a low interest rate and up to 55 days interest-free on purchases.
0% p.a. for 15 months with 2% balance transfer fee 13.25% p.a. $55 p.a. Go to site More info
NAB Low Rate Credit Card
The NAB Low Rate Card offers 0% p.a. on balance transfers for the first 18 months combined with a low annual fee.
0% p.a. for 18 months with 3% balance transfer fee 13.99% p.a. $59 p.a. Go to site More info

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 March 24th, 2017.

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

0% p.a. for 18 months balance transfer offer has been extended until 3 April 2017.

February 28th, 2017

Virgin Australia Velocity Flyer Card - 0% Interest Offer

0% purchase and balance transfer offers have been extended until 3 April 2017.

February 28th, 2017

ANZ Rewards Platinum

A new offer of $250 Westfield Gift Card on eligible spend plus $0 annual fee for the first year

March 1st, 2017

View latest updates

Jonathan Choi Jonathan
Bonus Points Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) Annual fee
ANZ Rewards Platinum
ANZ Rewards Platinum
0.5 $0 p.a. annual fee for the first year ($95 p.a. thereafter) Go to site More info
American Express Essential®  Credit Card
American Express Essential® Credit Card
1 $0 p.a. Go to site More info
HSBC Platinum Credit Card
HSBC Platinum Credit Card
1 0 $149 p.a. Go to site More info
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0.66 0 $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
HSBC Platinum Qantas Credit Card
HSBC Platinum Qantas Credit Card
60,000 bonus points 1 0 $199 p.a. Go to site More info
Citi Rewards Platinum Credit Card
Citi Rewards Platinum Credit Card
1.25 0 $49 p.a. annual fee for the first year ($149 p.a. thereafter) Go to site More info
ANZ Frequent Flyer Black
ANZ Frequent Flyer Black
75,000 bonus points 0.5 $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
American Express Platinum Edge Credit Card
American Express Platinum Edge Credit Card
5,000 bonus points 0 1 $0 p.a. annual fee for the first year ($195 p.a. thereafter) Go to site More info
American Express Explorer Credit Card
American Express Explorer Credit Card
50,000 bonus points 2 $395 p.a. Go to site More info
NAB Rewards Platinum Card
NAB Rewards Platinum Card
80,000 bonus points 1 $0 p.a. annual fee for the first year ($195 p.a. thereafter) Go to site More info

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 March 24th, 2017.

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

0% p.a. for 18 months balance transfer offer has been extended until 3 April 2017.

February 28th, 2017

Virgin Australia Velocity Flyer Card - 0% Interest Offer

0% purchase and balance transfer offers have been extended until 3 April 2017.

February 28th, 2017

Qantas American Express Ultimate Card

Bonus points offer changed from 50,000 to 75,000 plus new earn rates have applied.

March 7th, 2017

View latest updates

Jonathan Choi Jonathan
Bonus Points Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) Annual fee
Qantas American Express Ultimate Card
Qantas American Express Ultimate Card
75,000 bonus points 0 1.5 $450 p.a. Go to site More info
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0.66 0 $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
American Express Essential®  Credit Card
American Express Essential® Credit Card
1 $0 p.a. Go to site More info
HSBC Platinum Qantas Credit Card
HSBC Platinum Qantas Credit Card
60,000 bonus points 1 0 $199 p.a. Go to site More info
ANZ Frequent Flyer Black
ANZ Frequent Flyer Black
75,000 bonus points 0.5 $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
American Express Platinum Edge Credit Card
American Express Platinum Edge Credit Card
5,000 bonus points 0 1 $0 p.a. annual fee for the first year ($195 p.a. thereafter) Go to site More info
American Express Explorer Credit Card
American Express Explorer Credit Card
50,000 bonus points 2 $395 p.a. Go to site More info
ANZ Frequent Flyer Platinum
ANZ Frequent Flyer Platinum
50,000 bonus points 0.5 $0 p.a. annual fee for the first year ($295 p.a. thereafter) Go to site More info
American Express Velocity Platinum Card
American Express Velocity Platinum Card
50,000 bonus points 0 1 $349 p.a. Go to site More info
Virgin Australia Velocity Flyer Card - 0% Interest Offer
Virgin Australia Velocity Flyer Card - 0% Interest Offer
0.66 0 $129 p.a. Go to site More info

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 March 24th, 2017.

ANZ Rewards Platinum

A new offer of $250 Westfield Gift Card on eligible spend plus $0 annual fee for the first year

March 1st, 2017

Qantas American Express Ultimate Card

Bonus points offer changed from 50,000 to 75,000 plus new earn rates have applied.

March 7th, 2017

ANZ Frequent Flyer Black

A new offer of 75 Bonus Status Credit which is valid until 30 June 2017.

March 8th, 2017

View latest updates

Jonathan Choi Jonathan
Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) Bonus Points Annual fee
American Express Platinum Edge Credit Card
Receive 5,000 Membership Rewards Bonus Points when you meet the minimum spend requirement. Enjoy a $200 travel credit every year and get 0% p.a. for 12 months on balance transfers.
0 1 5,000 bonus points $0 p.a. annual fee for the first year ($195 p.a. thereafter) Go to site More info
NAB Premium Card
Enjoy an introductory rate of 0% p.a. for 24 months on balance transfers, plus enjoy platinum advantages including travel insurance, higher credit limits and VIP Lost Card Cover.
0 0 $90 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
1 0 $149 p.a. Go to site More info
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Earn 2 bonus Velocity Points in the first 3 months plus enjoy a low 0% p.a. for 18 months on balance transfers. Plus receive a free Virgin Australia $129 Gift Voucher each year.
0.66 0 $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
Citi Rewards Platinum Credit Card
Consolidate your debt with a balance transfer offer of 0% p.a. for 24 months and a host of platinum privileges to enjoy including complimentary insurance and 1.25 Reward Points per $1 spent on eligible purchases.
1.25 0 $49 p.a. annual fee for the first year ($149 p.a. thereafter) Go to site More info
HSBC Platinum Qantas Credit Card
Receive 60,000 bonus Qantas Points on eligible spend within 3 months. Enjoy access to premium benefits and complimentary insurance.
1 0 60,000 bonus points $199 p.a. Go to site More info
ANZ Frequent Flyer Black
Receive 75,000 bonus Qantas Points when you spend $2,500 on eligible purchases within the first 3 months. Plus, earn 75 Bonus Status Credits when you apply by 30 June 2017, buy and fly return with Qantas by 30 September 2017.
0.5 75,000 bonus points $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
ANZ Platinum Credit Card - Exclusive Offer
Receive a low introductory offer of 0% p.a. on purchases for 3 months and 0% p.a. on balance transfers for 12 months. Also, enjoy an annual fee waiver in the first year.
0 0 $0 p.a. annual fee for the first year ($87 p.a. thereafter) Go to site More info
Qantas American Express Ultimate Card
Enjoy 75,000 bonus Qantas Points when you meet the spend criteria plus 75 Bonus Status Credits when you book and fly back with Qantas. Earn up to 2.5 Qantas Points per $1 spent on eligible purchases.
0 1.5 75,000 bonus points $450 p.a. Go to site More info
NAB Low Rate Platinum Card
Offers a low introductory rate of 0% p.a. on balance transfers for 18 months plus enjoy premium benefits including international travel insurance.
$100 p.a. Go to site More info

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 March 24th, 2017.

Bankwest Breeze MasterCard

New balance transfer offer of 0% p.a. for 21 months with 2% BT fee and 12.99% p.a. on purchases

December 12th, 2016

Citi Simplicity Card

0% p.a. for 9 months has been updated to 15 mos. on balance transfers. Offer ends 30 June 2017.

January 13th, 2017

NAB Low Rate Credit Card

Balance transfer period changed from 15 to 18 months, and is valid until 31 May 2017.

January 23rd, 2017

View latest updates

Jonathan Choi Jonathan
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
ANZ First Student Card
Student credit card with no annual fee for the first year and up to 44 days interest-free on purchases.
19.74% p.a. $0 p.a. annual fee for the first year ($30 p.a. thereafter) Go to site More info
Bankwest Breeze MasterCard
Enjoy an introductory rate of 0% p.a. on balance transfers for 21 months (2% balance transfer fee applies). Limited time only.
12.99% p.a. 0% p.a. for 21 months with 2% balance transfer fee $59 p.a. Go to site More info
ANZ Low Rate
Take advantage of 0% p.a. for 16 months on balance transfers and a low ongoing interest rate on purchases.
12.49% p.a. 0% p.a. for 16 months with 2% balance transfer fee $58 p.a. Go to site More info
Citi Clear Platinum Card
A platinum credit card with a low interest rate on purchases, a competitive annual fee plus Visa Platinum privileges.
14.99% p.a. $99 p.a. Go to site More info
Citi Simplicity Card
Take advantage of the 0% p.a. for 15 months offer on balance transfers, a low interest rate on purchases, an annual fee waiver for life, plus 5% cash back on retail purchases.
19.99% p.a. 0% p.a. for 15 months with 1.5% balance transfer fee $0 p.a. Go to site More info
NAB Low Rate Credit Card
The NAB Low Rate Card offers 0% p.a. on balance transfers for the first 18 months combined with a low annual fee.
13.99% p.a. 0% p.a. for 18 months with 3% balance transfer fee $59 p.a. Go to site More info

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 March 24th, 2017.

American Express Gold Business Card

10,000 bonus Membership Rewards points offer has been extended.

February 4th, 2016

American Express Platinum Business Card

100,000 bonus Membership Rewards points changes to 150,000 and is valid until 31 March 2017.

February 1st, 2017

View latest updates

Jonathan Choi Jonathan
Bonus Points Points per $ spent Complimentary Travel Insurance Cover Annual fee Minimum Income
American Express Platinum Business Card
Receive 150,000 bonus points, earn up to 2 Membership Rewards points for every dollar spent, complimentary insurances and access to 800 VIP Lounges in 100 countries.
150,000 bonus points VISA/MC: 0 AMEX: 1 6 months $1,500 p.a. $75,000 Go to site More info
Commonwealth Bank Business Gold Awards Credit Card
A business credit card with a range of complimentary insurances and up to 2 Awards points per $1 spent on purchases.
VISA/MC: 1 AMEX: 2 3 months $150 p.a. Go to site More info
American Express Business Card
One of the original charge cards from American Express that offers complimentary insurances including purchase protection and travel accident cover.
VISA/MC: 0 AMEX: 1 N/A $109 p.a. $24,000 Go to site More info
Commonwealth Bank Business Interest-Free Days Credit Card
Manage your business expenses with up to 55 interest-free days on purchases and an unsecured credit limit of up to $50,000.
N/A $60 p.a. Go to site More info
American Express Gold Business Card
Receive 10,000 bonus points on signup and earn 1 Membership Rewards points per $1 spent with uncapped earnings.
10,000 bonus points VISA/MC: 0 AMEX: 1 N/A $169 p.a. $24,000 Go to site More info
Commonwealth Bank Business Awards Credit Card
Enjoy up to 1.5 Awards points for every dollar spent plus up to 55 days interest-free on purchases.
VISA/MC: 1 AMEX: 1.5 N/A $100 p.a. Go to site More info
American Express Velocity Business Card
A truly dedicated business rewards credit card. Download all your card expenses in a format readable by Quicken, MYOB, Microsoft Excel and more.
VISA/MC: 0 AMEX: 1 N/A $249 p.a. $24,000 Go to site More info
Commonwealth Bank Business Platinum Awards Credit Card
Earn up to 3 Awards points per dollar spent and enjoy a range complimentary insurances.
VISA/MC: 1 AMEX: 3 6 months $300 p.a. Go to site More info
Shell Card
Minimise your fuel costs at over 1,000 locations across Australia. Save 6 cents per litre off fuel purchases at all Shell branded sites and $0 monthly card fees for the first 6 months.
N/A $30 p.a. Go to site More info

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 March 24th, 2017.

Bankwest Qantas World MasterCard

50,000 bonus Qantas points has been discontinued.

January 31st, 2017

View latest updates

Jonathan Choi Jonathan
Purchase rate (p.a.) Overseas ATM Withdrawal Fee Foreign Currency Conversion Fee (MC) Annual fee
Bankwest Qantas Platinum MasterCard
Enjoy a high credit limit with complimentary travel insurances and earn 0.5 Qantas Points per $1 spent on eligible purchases.
20.49% p.a. 0% of transaction value $160 p.a. Go to site More info
28 Degrees Platinum MasterCard
Benefit from no international transaction fees on purchases, no currency conversion fees and no annual fee.
21.99% p.a. $0 0% of transaction value $0 p.a. Go to site More info
Bankwest Qantas World MasterCard
Earn uncapped Qantas Points per $1 spent on eligible purchases. Also enjoy no foreign transaction fees on online and overseas spend.
20.49% p.a. 0% of transaction value $270 p.a. Go to site More info

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?

Back to top

ANZ Platinum Credit Card - Exclusive Offer
ANZ Platinum Credit Card - Exclusive Offer

Interest rate

19.74

Annual fee

87
American Express Essential®  Credit Card
American Express Essential® Credit Card

Interest rate

14.99

Annual fee

0
HSBC Platinum Credit Card
HSBC Platinum Credit Card

Interest rate

19.99

Annual fee

149

Ask a Question

You are about to post a question on finder.com.au

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At finder.com.au we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the finder.com.au privacy policy, receive follow up emails related to finder.com.au and to create a user account where further replies to your questions will be sent.

Credit Cards Comparison

Rates last updated March 24th, 2017
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Earn 2 Velocity Points per $1 spent and save with a reduced annual fee and a 0% p.a. balance transfer offer for 18 months.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
HSBC Platinum Qantas Credit Card
Receive 60,000 bonus Qantas Points on eligible spend within 3 months. Enjoy access to premium benefits and complimentary insurance.
19.99% p.a. $199 p.a. Go to site More info
NAB Low Rate Credit Card
The NAB Low Rate Card offers 0% p.a. on balance transfers for the first 18 months combined with a low annual fee.
13.99% p.a. 0% p.a. for 18 months with 3% balance transfer fee $59 p.a. Go to site More info

* 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.

Ask a question
feedback