Finder's best interest-free credit card offers for November
Updated 6 November 2023 by Finder's senior credit card writer, Amy Bradney-George.
Australians are paying more interest on their credit cards in 2023, with Finder analysis of Reserve Bank of Australia data showing the average credit card balance accruing interest was $1,363 in August 2023, up 2.67% compared to the same time last year. On top of that, some credit card interest rates now as high as 26.99% p.a. for purchases.
But one way to save on this cost is by getting a card with an introductory 0% interest rate for purchases, existing balances you transfer, or both. Here's our pick of offers in the Finder database:
- 0% p.a. purchase rate and no annual fee offer:
The Coles No Annual Fee Mastercard offers 0% interest on purchases for the first 6 months and no annual fee ever. It also offers 20,000 bonus Flybuys points when you spend $3,000 on eligible purchases in the first 90. - 0% p.a. purchase and balance transfer offer:
The Virgin No Annual Fee Credit Card offers 0% interest on purchases and balance transfers for 12 months, with no balance transfer fee. - 0% p.a. purchase rate and rewards:
The Citi Rewards Card earns 1 point per $1 on eligible spending (up to $10k per statement in Australia) and offers 0% interest on purchases for 12 months when you apply by 30 April 2024.
Keep in mind: There's no one best credit card for everyone, so check details that matter to you.
i need a credit card for all ages
Hi Faisal,
Credit cards can only be issued to people aged 18 and older if they meet the eligibility requirements. Some credit cards also allow people under 18 to be added as a secondary cardholder, but usually they need to be 16 or over. If you want a card for someone of a different age, you could consider debit cards for children or other prepaid cards that sometimes have lower age requirements. I hope that helps.
Hi,
I am needing an amount of $6800 and will be able to pay it back over a year. I will not be using the card for anything else but this one off overseas payment. What would be the best thing for me to do?
Hi Hayley,
Thanks for reaching out.
If you are looking for a credit card for overseas payment, you may want to consider reading our overseas transaction fees guide and find credit cards that may not charge foreign currency conversion fees.
You may also want to consider cards with 0% purchase interest rate. These cards allow you to save on interest payments during the promotional period in case you don’t intend to pay your balance in full at the end of the billing period.
Cheers,
Anndy
if i pay out the balance in the interest free period can i then cancel the card with no fees.
Hi David, thanks for your inquiry!
Yes this is generally accepted across balance transfer credit cards. Once you have repaid your outstanding balance you can cancel the credit card anytime.
Cheers,
Jonathan
Good morning, I read with interest the balance transfer credit cards with no interest for a period of time. I, like many people have that problem of having not paid my CC on the due date and now have a big balance. I currently have an ANZ Platinum CC, can I apply for a balance transfer with no interest?
Thank you
Hi Sharon,
Thanks for your inquiry.
Balance transfers can be a great way to repay an outstanding credit balance interest-free. You may like to compare balance transfer offers and cards.Select ‘Go to Site’ to head over to their website to apply. Please ensure to read through the relevant product disclosure statement and terms and conditions to ensure that you got everything covered before you apply to the card.
Cheers,
Jonathan
Hi, I’m looking for a credit card to allow me to pay bills between payments from work. Would use it very little only when my funds are a bit tight. Any recommendations? Suggestions
Hi Billy,
Thanks for your question.
If you are only planning on using your credit card sporadically, you may wish to consider low interest rate credit cards or no annual fee or a low income credit card.
Credit cards with high annual fees and rates usually come with extra features such as concierge services, complimentary insurance, and rewards programs. If you are after a credit card to use as a backup for your finances, some of these no frills options may be of interest.
You can select the “Go to Site” button of your preferred credit card to proceed with your application. You can also contact the provider if you have specific questions. A gentle reminder, please ensure to read through the relevant product disclosure statement and terms and conditions to ensure that you got everything covered before you apply.
I hope this has helped.
Thanks,
Sally