Introductory credit card offers for a limited time

Look forward to bonus points, 0% interest rates or reduced annual fees when you sign up for a credit card with an introductory offer.

Introductory offers can be a great way to get extra value when you apply for a new credit card. Whether you're looking for low interest rates, no annual fee offers or bonus reward points, there are plenty of promotional credit card offers on the market to suit different types of cardholders.

These introductory promotions are usually only available to new cardholders, last for a limited time and come with terms and conditions. As such, it's important to weigh up whether you can meet the eligibility requirements and compare the introductory offer with the standard fees, rates and features of the card.

Use this guide for everything you need to know about introductory offers, including the types of deals available and how to compare them, so that you can choose a credit card with the right promotional offer for you.

Sponsorship - Qantas American Express Ultimate Card - QFF - PE-39055

Qantas Frequent Flyer Credit Card

The Qantas American Express Ultimate Card offers 75,000 bonus Qantas Points,
75 Bonus Status Credits and up to 2.5 Qantas Points per $1 spent on eligible purchases.

  • Receive 75,000 bonus Qantas Points when you apply, are approved and spend $1,500 in the first 3 months from card approval.
  • Earn 75 Bonus Status Credits when you book and fly return with Qantas by
    30 September 2017.
  • Earn up to 2.5 Qantas Points per $1 spent on eligible purchases (uncapped).
  • Enjoy a complimentary Qantas domestic return economy flight each year after your first eligible spend.
  • New card members only. Eligibility criteria, T&Cs, fees and charges apply.

    Compare credit card introductory offers

    Rates last updated April 29th, 2017.

    ANZ Frequent Flyer Black

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

    March 8th, 2017

    Woolworths Everyday Platinum Credit Card

    $100 has replaced $50 eGift Card plus BT & annual fee offers have been extended until 30 June 2017.

    April 1st, 2017

    Virgin Australia Velocity Flyer Card - Balance Transfer Offer

    1.5% BT fee has been added to the existing balance transfer offer which is valid until 15 June 2017.

    April 3rd, 2017

    View latest updates

    Jonathan Choi Jonathan
    Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    Velocity Rewards Credit Card with a Balance Transfer Offer*
    Earn 2 Velocity Points on top of the standard earn rate per $1 spent within the first three months. Plus, save with a long-term balance transfer offer and a reduced annual fee in the first year.
    20.74% p.a. 0% p.a. for 18 months with 1.5% balance transfer fee $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
    ANZ Platinum Credit Card - Exclusive Offer
    Platinum Card with 0% interest rates on purchases and balance transfers
    Pay a competitive annual fee and also receive 0% p.a. for 12 months on balance transfers and purchases.
    0% p.a. for 3 months (reverts to 19.74% p.a.) 0% p.a. for 12 months $0 p.a. annual fee for the first year ($87 p.a. thereafter) Go to site More info
    HSBC Platinum Credit Card
    Platinum Credit Card with a Balance Transfer Offer*
    HSBC Platinum Credit Card offers an annual fee refund when you spend a minimum of $6,000 per year. You can also enjoy an introductory balance transfer rate of 0% p.a. for 15 months.
    19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info
    NAB Low Rate Credit Card
    Low Interest Credit Card Offer *
    Enjoy a long-term offer of 0% p.a. for 18 months on balance transfers 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
    HSBC Low Rate Credit Card
    Long-term Balance Transfer Offer*
    Enjoy a balance transfer offer of 0% p.a. for 15 months and a low purchase rate of 13.25% p.a..
    13.25% p.a. 0% p.a. for 15 months with 2% balance transfer fee $55 p.a. Go to site More info
    NAB Premium Card
    Platinum Credit Card with Balance Transfer Offer*
    Enjoy Platinum benefits including complimentary travel insurance, 24/7 concierge plus a low interest rate on balance transfers.
    19.74% p.a. 0% p.a. for 24 months with 3% balance transfer fee $90 p.a. Go to site More info
    Citi Rewards Platinum Credit Card
    0% for 24 months Balance Transfer Offer*
    Enjoy a low and long-term balance transfer offer and reduced annual fee for the first year.
    20.99% p.a. 0% p.a. for 24 months with 1.5% balance transfer fee $49 p.a. annual fee for the first year ($149 p.a. thereafter) Go to site More info
    ANZ Frequent Flyer Black
    Up to 75,000 Qantas Points*
    Get up to 75,000 bonus Qantas Points when you spend $2,500 on eligible purchases within the first 3 months of card approval. Also enjoy 75 Bonus Status Credits when you apply by 30 June 2017, buy and fly return with Qantas by 30 September 2017.
    19.99% p.a. $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
    St.George Vertigo Visa
    Low Rate Credit Card & Long Term Balance Transfer Offer*
    Enjoy a balance transfer offer of 0% p.a. for 12 months with a low annual fee from St.George
    0% p.a. for 6 months (reverts to 13.24% p.a.) 0% p.a. for 12 months $55 p.a. 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.
    20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $450 p.a. Go to site More info
    HSBC Platinum Qantas Credit Card
    International Frequent Flyer Credit Card*
    Receive 60,000 bonus Qantas Points on eligible spend within 3 months, 1 Qantas Point per $1 spent and complimentary international travel insurance.
    19.99% p.a. $199 p.a. Go to site More info
    NAB Low Fee Card
    Low Annual Fee & Balance Transfer Offer
    0% p.a. for 18 months on balance transfers combined with a low annual fee.
    19.74% p.a. 0% p.a. for 18 months with 3% balance transfer fee $30 p.a. Go to site More info
    Woolworths Everyday Platinum Credit Card
    Supermarket Platinum Credit Card Offer
    Pay no annual fee in the first year and receive a $100 Woolworths eGift Card when you apply by 30 June 2017. Earn up to 3 points per $1 spent at Woolworths stores.
    19.99% p.a. 0% p.a. for 14 months $0 p.a. annual fee for the first year ($49 p.a. thereafter) Go to site More info
    American Express Essential®  Credit Card
    $0 Fee Card with Balance Transfer Offer
    0% p.a. for 12 months on balance transfers combined with no annual fee, reward points and insurances.
    14.99% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 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.
    19.99% p.a. 4.99% p.a. for 6 months $0 p.a. annual fee for the first year ($195 p.a. thereafter) Go to site More info
    St.George Vertigo Platinum
    Low Rate Platinum Credit Card Offer
    0% p.a. for 12 months on balance transfers with complimentary insurances and domestic flight inconvenience insurance.
    0% p.a. for 6 months (reverts to 12.74% p.a.) 0% p.a. for 12 months $99 p.a. Go to site More info

    How do introductory offers work?

    Introductory offers are usually exclusively available to new customers who apply and are approved for a specific credit card. These deals can provide savings in the form of low or 0% interest rates, waived annual fees and bonus points.

    The benefits of introductory offers only last for a limited time, though, with any promotional interest rates or fee discounts reverting to standard features after the promotional period.

    Did you know?

    How to qualify for a credit card promotional offer

    You may also have to meet specific requirements to be eligible for the benefits on offer, including the following:

    • New customers. You must be a new credit card customer, with no existing credit cards issued by the company you’re applying with. For example, if you have a credit card issued by American Express, you won’t be eligible for Amex introductory offers.
    • Credit card approval. You must apply and be approved for the credit card in order to take advantage of the introductory offer.
    • Application dates. Some promotional offers may only be available to applicants who apply and are approved by a set date.
    • Spend requirements. When there is a bonus points offer available, often you’ll be required to meet a spend requirement by a set date to receive the points.

    Before you apply for a card with an introductory offer, make sure you fully understand these terms and conditions to ensure you can get the full value from the offer.

    Types of introductory offers

    There is a wide range of different introductory offers available depending on what you want from a credit card. Some of the most popular options include:

    0% balance transfers

    A 0% balance transfer credit card can be a useful tool to consolidate and repay debt without the cost of interest. Balance transfer credit cards usually come with a low or 0% interest rate for a promotional period of 12 to 24 months. This means you can clear your credit card balance faster without accruing any additional interest. Once the promotional offer ends, a standard revert rate applies and any remaining debts will begin to collect interest.

    Interest-free balance transfers are usually only available for a limited time, so you'll be required to apply and receive approval before the offer end date to take advantage of the promotional 0% interest rate. You can usually request the balance transfer and provide the details of your existing account when you apply.

    Rates last updated April 29th, 2017
    Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    Earn 2 Velocity Points on top of the standard earn rate per $1 spent within the first three months. Plus, save with a long-term balance transfer offer and a reduced annual fee in the first year.
    20.74% p.a. 0% p.a. for 18 months with 1.5% balance transfer fee $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.
    19.99% p.a. 0% p.a. for 15 months $149 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 3 months (reverts to 19.74% p.a.) 0% p.a. for 12 months $0 p.a. annual fee for the first year ($87 p.a. thereafter) 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 6 months (reverts to 13.24% p.a.) 0% p.a. for 12 months $55 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.
    13.25% p.a. 0% p.a. for 15 months with 2% balance transfer fee $55 p.a. Go to site More info
    NAB Low Rate Credit Card
    A low rate card which 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
    Citi Rewards Platinum Credit Card
    A long-term balance transfer offer with the Citi Rewards Platinum Card. Earn extra points on eligible international spend, plus complimentary travel insurance.
    20.99% p.a. 0% p.a. for 24 months with 1.5% balance transfer fee $49 p.a. annual fee for the first year ($149 p.a. thereafter) 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.
    19.74% p.a. 0% p.a. for 24 months with 3% balance transfer fee $90 p.a. 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. Go to site More info
    NAB Low Fee Card
    Enjoy a low annual fee card with a low introductory rate of 0% p.a. on balance transfers for 18 months.
    19.74% p.a. 0% p.a. for 18 months with 3% balance transfer fee $30 p.a. Go to site More info

    Low purchase rate promotions

    Purchase rate offers give you a low or 0% interest rate for new purchases made during the honeymoon period, allowing new customers to save money on interest charges. At the end of the introductory period, the promotional rate reverts to a standard interest rate that applies to any balance carried from these purchases.

    Purchase rate offers can be useful if you have a lot of planned expenses coming up and want a flexible and affordable way to pay them off over time. To get the most out of low or 0% purchase rate deals, you should aim to pay off the new charges before the end of the introductory period.

    Rates last updated April 29th, 2017
    Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
    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. 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 3 months (reverts to 19.74% p.a.) 0% p.a. for 12 months $0 p.a. annual fee for the first year ($87 p.a. thereafter) Go to site More info
    Westpac Low Rate Card
    A no frills credit card with an introductory rate of 0% p.a. for 12 months on balance transfers and 0% p.a. for 6 months on purchases.
    0% p.a. for 6 months (reverts to 13.49% p.a.) 0% p.a. for 12 months $59 p.a. Go to site More info
    Virgin Australia Velocity Flyer Card - 0% Interest Offer
    Earn Velocity Rewards points with your purchases and pay no interest with 0% p.a. for 12 months on purchases and 0% p.a. for 6 months on balance transfers.
    0% p.a. for 12 months (reverts to 20.74% p.a.) 0% p.a. for 6 months $129 p.a. Go to site More info
    St.George Vertigo Platinum
    A platinum card with a balance transfer offer of 0% p.a. for 12 months and an introductory purchase offer of 0% p.a. for 6 months.
    0% p.a. for 6 months (reverts to 12.74% p.a.) 0% p.a. for 12 months $99 p.a. Go to site More info

    No annual fee

    This type of introductory offer waives the annual fee of the credit card for a promotional period, such as 12 months. Depending on the credit card, no annual fee promotions can save you tens, hundreds or thousands of dollars. Depending on the offer, you may be required to meet a minimum spend requirement or apply before an offer end date to take advantage of the waived annual fee.

    After the introductory period, the standard annual fee will be applied to the account and could cost you anywhere from $30 to $500 or more every year. If you plan to use your credit card beyond the promotional period, you should pay attention to the standard annual fee when comparing credit cards.

    Rates last updated April 29th, 2017
    Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
    Citi Simplicity Card
    Pay no annual fee ever, plus receive access to complimentary purchase insurance and the Citibank Dining Program.
    19.99% p.a. 0% p.a. for 15 months with 1.5% balance transfer fee $0 p.a. 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. Go to site More info
    Coles No Annual Fee MasterCard
    Pay no annual fee for the life of the card and enjoy up to 62 interest-free days on purchases.
    19.99% p.a. 0% p.a. for 6 months $0 p.a. Go to site More info
    Coles Platinum No Annual Fee MasterCard
    Enjoy platinum benefits and no annual fee for the life of the card, plus earn 1 flybuys point for every $2 spent.
    19.99% p.a. 0% p.a. for 6 months $0 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 3 months (reverts to 19.74% p.a.) 0% p.a. for 12 months $0 p.a. annual fee for the first year ($87 p.a. thereafter) Go to site More info
    Qantas American Express Discovery Card
    Take advantage of no annual fee for the life of the card plus earn 1 Qantas Frequent Flyer point per $1 spent.
    20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 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.
    19.99% p.a. 0% p.a. for 15 months $149 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.
    19.99% p.a. 4.99% p.a. for 6 months $0 p.a. annual fee for the first year ($195 p.a. thereafter) 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.
    19.99% p.a. $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
    American Express Velocity Escape Card
    Enjoy 7,500 bonus Velocity Points when you apply online and meet the minimum spend requirement, plus earn up to 2 points for every $1 you spend, together with a $0 annual fee.
    20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. Go to site More info

    Reduced annual fee

    Instead of waiving the annual fee completely, some credit cards offer a reduced annual fee for promotional period. You'll still have to pay an annual fee, but these cards can help you save on costs.

    The waived annual fee usually only applies for the first year and you may be required to meet a minimum spend requirement or apply before a specific date to take advantage of the lower annual fee.

    Rates last updated April 29th, 2017
    Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
    ANZ Frequent Flyer
    Receive 25,000 bonus Qantas Points when you apply online, are approved and spend $2,500 on eligible purchases within the first 3 months, earn up to 0.5 points for every dollar spent, plus enjoy a waived annual fee for the first year.
    19.99% p.a. $0 p.a. annual fee for the first year ($95 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% p.a. for 3 months (reverts to 19.74% p.a.) 0% p.a. for 12 months $0 p.a. annual fee for the first year ($87 p.a. thereafter) 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 up to 1 point for every dollar spent on eligible purchases. Also, earn 75 Bonus Status Credits when you apply by 30 June 2017, buy and fly return with Qantas by 30 September 2017.
    19.99% p.a. $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
    ANZ Platinum Credit Card
    Enjoy platinum card benefits with $0 annual fee in the first year and complimentary overseas travel and medical insurance.
    19.74% p.a. 0% p.a. for 16 months with 2% balance transfer fee $0 p.a. annual fee for the first year ($87 p.a. thereafter) Go to site More info
    ANZ First Student Card
    An ideal credit card for students with 44 days interest-free on purchases with $0 annual fee in the first year. Access your account on the go with the goMoney™ app.
    19.74% p.a. $0 p.a. annual fee for the first year ($30 p.a. thereafter) 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 pay no annual fee for the first year.
    20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. annual fee for the first year ($195 p.a. thereafter) 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.
    19.99% p.a. 4.99% p.a. for 6 months $0 p.a. annual fee for the first year ($195 p.a. thereafter) Go to site More info
    NAB Rewards Classic Card
    Receive 40,000 bonus points when you spend $1,500 on everyday purchases within 90 days from card approval, earn rewards points per $1 spent, and enjoy a $0 annual fee for the first year.
    19.99% p.a. 4.99% p.a. for 6 months $0 p.a. annual fee for the first year ($95 p.a. thereafter) Go to site More info
    ANZ Rewards Black Credit Card
    Receive a $250 Westfield Gift Card when you spend $2,500 in the first 60 days from approval and $0 annual fee for the first year. Earn up to 2 reward points per $1 spent and unlimited access to airport lounges with complimentary travel insurance.
    18.79% p.a. $0 p.a. annual fee for the first year ($375 p.a. thereafter) Go to site More info
    NAB Rewards Business Platinum Card
    Enjoy 80,000 bonus points when you meet the spend criteria, earn 1 rewards point per $1 spent and enjoy a $0 annual card fee for the first year.
    18.50% p.a. $0 p.a. annual fee for the first year ($175 p.a. thereafter) Go to site More info

    Bonus reward points promotions

    Many reward credit cards offer bonus points to new customers when they apply and are approved. Depending on the credit card, these offers can be as large as 100,000 bonus points. Bonus points offers are usually only available to cardholders who apply by a certain date and meet the spend criteria. This means you may need to spend a certain amount within a specific period (such as $1,500 in the first three months) to collect the bonus points. As long as the spend requirement fits within your budget and don't outweigh the value of your bonus points, it can be an easy way to boost your points balance as soon as you apply for the card.

    Rates last updated April 29th, 2017
    Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
    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.
    19.99% p.a. 4.99% p.a. for 6 months $0 p.a. annual fee for the first year ($195 p.a. thereafter) 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 up to 1 point for every dollar spent on eligible purchases. Also, earn 75 Bonus Status Credits when you apply by 30 June 2017, buy and fly return with Qantas by 30 September 2017.
    19.99% p.a. $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
    American Express Explorer Credit Card
    Receive 100,000 Membership Rewards Bonus Points on eligible spend within the first 3 months of card membership. Also enjoy a $400 travel voucher and two complimentary airline passes per year.
    20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $395 p.a. 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
    HSBC Platinum Credit Card
    Enjoy an annual fee refund every year if you meet the spend requirement with a balance transfer offer, high credit limits and prestige services including a personal concierge service and VISA Platinum rewards program.
    19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info
    Citi Rewards Platinum Credit Card
    Consolidate your debt with a low balance transfer offer of 0% p.a. for 24 months and a host of platinum privileges. Earn 1 Citi Reward Points for every $1 spent on eligible domestic and international spend.
    20.99% p.a. 0% p.a. for 24 months with 1.5% balance transfer fee $49 p.a. annual fee for the first year ($149 p.a. thereafter) Go to site More info
    American Express Velocity Platinum Card
    Receive 50,000 bonus Velocity Points when you apply online, are approved and meet the minimum spend required, plus take advantage of the 0% p.a. for 12 months balance transfer offer. Also receive a complimentary return flight every year.
    20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $349 p.a. 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. Go to site More info
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    Earn 2 Velocity Points on top of the standard earn rate per $1 spent within the first three months. Plus, save with a long-term balance transfer offer and a reduced annual fee in the first year.
    20.74% p.a. 0% p.a. for 18 months with 1.5% balance transfer fee $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
    ANZ Rewards Platinum
    Earn points for every dollar spent on purchases. Receive $250 Westfield Gift Card when you spend $2,500 in the first 60 days from approval, plus pay a $0 for the first year.
    18.79% p.a. $0 p.a. annual fee for the first year ($95 p.a. thereafter) Go to site More info

    Bonus frequent flyer points promotions

    Similar to bonus reward point promotions, many frequent flyer credit cards also offer bonus points on sign up. Whether you're a Qantas frequent flyer or Velocity member, there are bonus points credit cards to suit both of Australia's most popular frequent flyer programs. Again, you're usually required to spend a minimum amount within a set period to qualify for the bonus points. Make sure you know what these terms and conditions are and ensure that they align with your budget before you apply.

    While the bonus points offer can be inviting, make sure to compare how many points you'll usually earn per dollar as well as any rates, fees and extra features that come with the card.

    Rates last updated April 29th, 2017
    Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
    American Express Explorer Credit Card
    Receive 100,000 Membership Rewards Bonus Points on eligible spend within the first 3 months of card membership. Also enjoy a $400 travel voucher and two complimentary airline passes per year.
    20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $395 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 up to 1 point for every dollar spent on eligible purchases. Also, earn 75 Bonus Status Credits when you apply by 30 June 2017, buy and fly return with Qantas by 30 September 2017.
    19.99% p.a. $0 p.a. annual fee for the first year ($425 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 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.
    19.99% p.a. 4.99% p.a. for 6 months $0 p.a. annual fee for the first year ($195 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.
    20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $450 p.a. Go to site More info
    Qantas American Express Premium Card
    Earn 60,000 bonus Qantas Points when you apply as a new card member and meet the minimum spend requirement. Plus enjoy frequent flyer benefits including uncapped Qantas Points per $1 spent, complimentary travel insurance and Qantas Club lounge invitations.
    20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $249 p.a. Go to site More info
    ANZ Frequent Flyer Platinum
    Receive 50,000 bonus Qantas Points when you spend $2,500 on eligible purchases for the first three months. Plus, earn additional points per $1 spent on purchases and enjoy a waived annual fee for the first year.
    19.99% p.a. $0 p.a. annual fee for the first year ($295 p.a. thereafter) Go to site More info
    American Express Velocity Platinum Card
    Receive 50,000 bonus Velocity Points when you apply online, are approved and meet the minimum spend required, plus take advantage of the 0% p.a. for 12 months balance transfer offer. Also receive a complimentary return flight every year.
    20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $349 p.a. Go to site More info
    Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
    Receive up to 30,000 bonus Velocity Points and earn 1 Velocity Points per $1 spent. Receive an exclusive $129 Virgin Australia Gift Voucher and two complimentary Single Entry Virgin Australia domestic Lounge passes each year.
    20.74% p.a. 1.9% p.a. for 15 months $144 p.a. annual fee for the first year ($289 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.
    14.99% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. Go to site More info

    Cash back offers

    This type of introductory offer provides new credit card customers with cash back. Like bonus point promotions, most cash back offers require you to spend a specific amount of money in the first few months you have a card. For example, an offer might give you $200 cash back if you spend $500 in the first 3 months you have the card.

    Rates last updated April 29th, 2017
    Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
    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. Go to site More info
    Citi Rewards Classic Credit Card
    Enjoy 0% p.a. on balance transfers for 15 months, up to $50 cash back and a reduced annual fee in the first year.
    20.99% p.a. 0% p.a. for 15 months with 1.5% balance transfer fee $49 p.a. annual fee for the first year ($99 p.a. thereafter) Go to site More info
    Coles Low Rate MasterCard
    A low rate MasterCard with a competitive rate on purchases and a low annual fee.
    12.99% p.a. 0% p.a. for 6 months $49 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

    Some cash back offers also require you to spend the minimum amount in a specific way, such as on phone screen insurance or by making contactless payments. This type of offer can give you extra value if you have planned purchases you want to make on your credit card, but may not be worth it otherwise.

    Other introductory offers

    As well as the major introductory offers outlined above, some credit card companies may offer other, more unique deals for new customers. These introductory offers could include:

    • Gift cards. Some credit cards offer complimentary gift cards to new customers, usually for an affiliated store or brand. To be eligible, you usually have to apply during the promotional period, and may need to enter a promotional code online.
    • Discounted purchases. Some credit cards may offer you a discount on specific transactions. For example, a frequent flyer credit card could offer 10% off flight bookings made with the affiliated airline during the promotional period.

    Depending on the credit card, you may be able to take advantage of more than one of these offers at a time. For example, a card that offers a 0% balance transfer rate could also have a discounted annual fee for the first year, while a card with bonus points may also offer 0% interest on purchases during the honeymoon period.

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    How to compare credit card introductory offers

    While introductory offers can sweeten the deal when you sign up for a credit card, it’s essential to consider the ongoing features of the card as well. Considering the following factors will help you find an introductory offer that suits your needs in the short-term and a credit card that fits your circumstances in the long-term.

    Interest rates

    • The promotional interest rate. Depending on the card, the promotional offer may have a low or 0% interest rate. Usually, the lower the interest rate, the more savings you'll make. However, you should also weigh up the promotional interest rate with the annual fee and the length of the promotional offer to determine which card offers the most savings.
    • The length of the introductory period. With low purchase rate or balance transfer rate offers, it’s important that you calculate how much you’ll need to pay each month to repay the entire balance before the promotional period ends. Otherwise, any remaining balance will collect the standard interest and begin to counteract your savings.
    • The promotional offer end date. These offers are only available for a limited time, so you will need to apply before the end date to take advantage of them. Check the terms and conditions to make sure any offers you want are still available before you apply.
    • The standard interest rates. If you have a card with a low or 0% purchase or balance transfer deal, the standard interest rates will apply to any balances remaining at the end of the introductory period. These rates are generally much higher than those of the introductory offer, so considering them before you apply will help you avoid any nasty surprises when the promotion ends.

    Fees

    • Standard annual fees. If you get a reduced or waived annual fee offer, make sure you check the standard annual fee so that you know how much you will have to pay after the first 12 months. If you only intend to use the card while the waived annual fee is in place, make sure you know when the standard annual fee will apply and close your card before then to avoid paying extra.
    • Other fees and charges. As well as the annual fee, the card may come with other rates and fees such as balance transfer fees, cash advance fees, foreign transaction fees and late payment costs. You can use the reviews on finder to browse a full list of rates and fees associated with a product to understand exactly how much you'll have to pay when you use the card.
    • Interest charges. If you have to meet a minimum spend to earn bonus points or redeem your introductory offer, remember that these purchases will collect interest. This is why it's important to ensure that the spend requirement fits within your budget, otherwise the interest costs could easily outweigh the value of the points or bonus offer.

    Rewards and extras

    • Spending requirements. Some cash back and bonus point offers require you to spend a minimum amount in an introductory period of a few months. It could be as little as $100 or as much as $10,000 depending on the card, so it’s important to check before you apply to make sure you can afford to take advantage of the offer.
    • Standard rewards points. As well as the bonus points, make sure the regular rewards program (including the earn rate and how you can redeem your rewards) suits your spending behaviours and rewards goals.
    • Complimentary extras. Additional, ongoing perks such as international travel insurance, extended warranties and concierge services can bring more value to the card that you choose. However they can also attribute to higher annual fees, so make sure these are features you'd take advantage of before you apply.

    Mistakes to avoid with a credit card with an introductory offersmartphone-credit-card-250x250-Shutterstock

    While credit card introductory offers can help you get more value from your card, there are some mistakes to avoid to ensure the card costs don't outweigh the benefits of the offer. Here are some of the common mistakes cardholders make and how you can avoid them:

    • Ignoring the offer terms and conditions. Introductory offers have specific eligibility requirements you have to meet, so make sure you understand the fine print before you apply.
    • Wasting the promotional offer time period. With a balance transfer or purchase rate offer, the promotional period (such as 12 months) will begin as soon as you apply for the card, rather than when you make the transfer or your first purchase. To avoid wasting the valuable offer, make sure you start consolidating your debt or paying off your purchases as soon as possible to take advantage of the full offer.
    • Not looking at the ongoing features of the card. While introductory offers can give you short-term benefits, the standard features of a credit card determine its ongoing value. Always check these features before you apply for a credit card to decide if it’s worth it for you.
    • Not checking the end date of the offer. To get a specific credit card offer, you must apply before the end of the promotional period. Regularly comparing credit cards can help you stay up-to-date with all the offers available when you’re considering a new card.
    • Not using the card after the introductory period. If you decide you don’t want the card you applied for after getting an introductory offer, you could end up paying more credit card fees and adding to your debt. Make sure you consider this before you apply, choose an appropriate card, or cancel the account if you no longer want to use it.

    Introductory offers have the potential to provide you with more value when you get a new credit card. While almost anyone can benefit from these deals, the value they provide really depends on your individual circumstances.

    It’s also important to remember that these benefits only last for a set amount of time before reverting to the standard features of the card. So being aware of how credit card offers work and considering both the introductory offer and the ongoing card features means you can choose a card that offers you value now and in the future.

    Frequently asked questions

    Is an introductory offer credit card worth it for me?

    The value of an introductory offer depends on your financial situation and your spending habits. Please note that the information on this page is general advice only and does not take into account your personal situation.

    Are the offers listed on this page the current promotions available from the bank?

    The banks provide us with credit card offer updates. We try to the best of our ability to keep the rates up to date – but if you’ve noticed a discrepancy then please tell us by posting a query on the bottom of this page.

    I called the bank and they said the offer on this website is not available. Why?

    Sometimes comparison websites like finder.com.au receive exclusive offers and deals which are not available through the bank’s website. In this case, you'll need to apply for the card via finder to take advantage of the offer.

    What if I apply for a credit card offer and then decide I don’t like the card?

    If you change your mind about a credit card offer during the application process, you can cancel your application by calling the issuer. If you decide you don’t like a card after you have been approved and activated it, you can cancel it at any time, even if you have used the credit card offer. Note that you must repay your balance before you can close the card.
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    ANZ Platinum Credit Card - Exclusive Offer
    ANZ Platinum Credit Card - Exclusive Offer

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    St.George Vertigo Platinum
    St.George Vertigo Platinum

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    NAB Low Rate Credit Card
    NAB Low Rate Credit Card

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    Credit Cards Comparison

    Rates last updated April 29th, 2017
    Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    Earn 2 Velocity Points on top of the standard earn rate per $1 spent within the first three months. Plus, save with a long-term balance transfer offer and a reduced annual fee in the first year.
    20.74% p.a. 0% p.a. for 18 months with 1.5% balance transfer fee $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.
    19.99% p.a. 0% p.a. for 15 months $149 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 3 months (reverts to 19.74% p.a.) 0% p.a. for 12 months $0 p.a. annual fee for the first year ($87 p.a. thereafter) Go to site More info
    NAB Premium Card
    An introductory rate of 0% p.a. for 24 months on balance transfers combined with premium benefits such as travel insurance covers.
    19.74% p.a. 0% p.a. for 24 months with 3% balance transfer fee $90 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.

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