Platinum, Gold and Black Credit Cards Comparison

From higher points earn rates and airline lounge passes to larger credit limits, reward your spending with exclusive benefits with a gold, platinum or black credit card.

Platinum, gold and black credit cards are premium options that open the door to a range of exclusive benefits. These cards are a step up from standard offers, with features such as higher credit limits, more reward points and a huge range of complimentary extras.

Along with these perks and prestige, platinum, gold and black credit cards often have higher annual fees and interest rates than standard options. Here, we look at both the benefits and potential costs of these three premium credit card choices so that you can find a card that’s right for you.

Sponsorship - NAB Rewards Platinum Card - Plat, Gold and Black Offer - PE-39853

Platinum, Gold and Black Credit Card Offer

With a new NAB Rewards Platinum Card, earn 80,000 bonus points when you spend $2,500 on everyday purchases within 90 days. Plus, enjoy $0 annual card fee for the first year.

  • Earn 80,000 bonus points when you spend $2,500 on everyday purchases within the first 90 days of account opening.
  • Save with a $0 annual card fee for the first year.
  • Redeem 80,000 bonus points for $400 in vouchers to use at Coles, BP, Bunnings, David Jones, GoodFood, JB Hi-Fi and more.
  • Earn triple points with Webjet, when travelling overseas or on overseas purchases made in Australia. Intl transaction fees apply.
  • Eligibility criteria, T&Cs, fees and charges apply.

    Compare Platinum, Gold and Black credit cards

    Rates last updated May 26th, 2017
    Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) Bonus Points Annual fee
    NAB Rewards Platinum Card
    Earn 1 NAB Rewards Point per $1 spent and receive double points on purchases made in major department and hardware stores.
    1 80,000 bonus points $0 p.a. annual fee for the first year ($195 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 Reward Point per $1 spent on eligible domestic and international spend.
    1 0 $49 p.a. annual fee for the first year ($149 p.a. thereafter) Go to site More info
    HSBC Platinum Credit Card
    Earn 1 Reward Point per $1 spent and receive an annual fee refund with minimum spend.
    1 0 $99 p.a. Go to site More info
    Virgin Australia Velocity Flyer Card - Exclusive Offer
    Earn 2 Velocity Points on top of the standard earn rate per $1 spent within the first 3 months, plus a $129 Virgin Australia 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
    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
    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
    HSBC Platinum Qantas Credit Card
    Fly faster with up to 1 Qantas Point per $1 spent and receive bonus Qantas Points on selected Qantas products, services and partners.
    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 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.
    1 75,000 bonus points $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
    Bendigo Bank Basic Black Credit Card
    A basic credit card that features low interest rates, low annual fee and up to 44 interest-free days on purchases.
    0 0 $45 p.a. Go to site More info
    NAB Low Rate Platinum Card
    Save with 13.99% p.a. on purchases. Also enjoy access to 7 complimentary insurances.
    $100 p.a. Go to site More info
    American Express Explorer® Credit Card
    Earn up to 2 Membership Rewards Points per $1 spent and receive a $400 Travel Credit every year.
    2 50,000 bonus points $395 p.a. Go to site More info
    Qantas American Express Ultimate Card
    Fly faster with up to 2.5 Qantas Points per $1 spent and receive a complimentary Qantas domestic return Economy flight every year.
    1.5 55,000 bonus points $450 p.a. 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.
    $99 p.a. Go to site More info
    St.George Vertigo Platinum
    Save with 12.74% p.a. on purchases. Also enjoy Visa Platinum Concierge service.
    0 0 $99 p.a. Go to site More info
    Westpac Altitude Black
    Earn up to 3 Altitude Points per $1 spent and enjoy up to four complimentary airport lounge visits each year.
    1.25 3 80,000 bonus points $195 p.a. annual fee for the first year ($395 p.a. thereafter) Go to site More info
    American Express Velocity Platinum Card
    Take off sooner with up to 2.5 Velocity Points per $1 spent and receive a complimentary Virgin Australia return domestic flight every year.
    0 1.5 100,000 bonus points $375 p.a. Go to site More info
    ANZ Rewards Platinum
    Enjoy accelerated points earning and great Platinum features with ANZ Rewards Platinum.
    1.5 50,000 bonus points $0 p.a. annual fee for the first year ($95 p.a. thereafter) Go to site More info
    Virgin Australia Velocity Flyer Card - 0% Interest Offer
    An interest-free offer on purchases and balance transfers. Earn Velocity Points on everyday spend.
    0.66 0 $129 p.a. Go to site More info
    ANZ Rewards Travel Adventures card
    Pay no overseas transaction fee on purchases, earn up to 1.5 for every dollar spent on eligible purchases, plus receive complimentary domestic return flight and lounge passes each year you hold the card when you spend $500 on eligible purchases within the first three months.
    1.5 $225 p.a. Go to site More info
    Bankwest Zero Platinum Mastercard
    This card comes with a low 2.99% p.a. for 9 months on balance transfers, $0 foreign transaction fee, plus a $0 annual fee and complimentary international credit card travel insurance.
    0 0 $0 p.a. Go to site More info
    Rates last updated May 26th, 2017
    Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) Bonus Points Annual fee
    American Express Gold Business Card
    Earn up to 1 Membership Rewards point per $1 spent and extend your cash flow up to 51 days.
    0 1 10,000 bonus points $169 p.a. Go to site More info
    Commonwealth Bank Business Gold Awards Credit Card
    Earn up to 2 Awards points per $1 spent and receive an unsecured credit limit of up to $50,000.
    1 2 $150 p.a. Go to site More info
    Rates last updated May 26th, 2017
    Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) Bonus Points Annual fee
    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.
    1 75,000 bonus points $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
    Citi Prestige Card
    Earn up to 5 Reward Points per $1 spent and receive one free night at a premium hotel.
    2 70,000 bonus points $700 p.a. Go to site More info
    Qantas American Express Ultimate Card
    Fly faster with up to 2.5 Qantas Points per $1 spent and receive a complimentary Qantas domestic return Economy flight every year.
    1.5 55,000 bonus points $450 p.a. Go to site More info
    ANZ Rewards Black Credit Card
    This card offers 75,000 bonus points when you spend $2,500 on eligible purchases in the first 3 months 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.
    2 75,000 bonus points $0 p.a. annual fee for the first year ($375 p.a. thereafter) Go to site More info
    American Express Explorer® Credit Card
    Earn up to 2 Membership Rewards Points per $1 spent and receive a $400 Travel Credit every year.
    2 50,000 bonus points $395 p.a. Go to site More info
    Bendigo Bank Basic Black Credit Card
    A basic credit card that features low interest rates, low annual fee and up to 44 interest-free days on purchases.
    0 0 $45 p.a. Go to site More info

    couple-gold-credit-card895x300

    What’s the difference between platinum, gold and black credit cards?

    While platinum, gold and black credit cards are all premium options, each represents a different level of status and service. Gold credit cards are a step up from standard cards, platinum credit cards are above gold, and black credit cards sit at the top of the pack.

    This means that the specific features and benefits vary based on whether a card is a gold, platinum or black option. To help put this in perspective, we’ve outlined the common features and benefits for each type of credit card.

    Gold Credit Cards

    Rates last updated May 26th, 2017.

    American Express Gold Business Card

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

    February 4th, 2016

    View latest updates

    Jonathan Choi Jonathan
    Points per $ spent Complimentary Travel Insurance Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
    American Express Gold Business Card
    Keep track of your business expenses with a dedicated business credit card. Your account details can be uploaded in to MYOB, Excel or Quicken to help with BAS reporting.
    VISA/MC: 0 AMEX: 1 Yes $169 p.a. Go to site More info
    Commonwealth Bank Business Gold Awards Credit Card
    Earn up to 2 Awards points per $1 spent and receive an unsecured credit limit of up to $50,000.
    VISA/MC: 1 AMEX: 2 Yes 20.74% p.a. 5.99% p.a. for 5 months $150 p.a. Go to site More info

    Gold credit cards are the “entry level” option for premium credit cards and are designed to suit people who are interested in getting more features and benefits, but who don’t want to pay much more than they would for a standard card. Some of the most popular features of gold credit cards include:

    Features of a Gold credit card
    • Complimentary travel insurance
    • Complimentary purchase protection insurance
    • More reward points per $1 than standard cards
    • Higher reward point caps than standard cards
    • Annual fees ranging from $89 to $169
    • Minimum credit limits starting from $4,000

    Gold credit cards have slightly higher income and credit history requirements than standard cards – but not as high as those of platinum or black cards. For example, the Suncorp Clear Options Gold credit card has a minimum income requirement of $30,000, while some standard cards have credit limits as low as $15,000. You also need to have good credit history to apply for a gold credit card.

    Platinum Credit Cards

    Rates last updated May 26th, 2017.

    HSBC Platinum Credit Card

    Balance transfer offer has been changed to 0% p.a. for 22 months and is valid until 31 August 2017.

    May 8th, 2017

    Citi Rewards Platinum Credit Card

    Balance transfer offer has been extended until 30 June 2017.

    May 12th, 2017

    American Express Explorer® Credit Card

    Bonus points offer has been changed from 100,000 to 50,000 points.

    May 16th, 2017

    View latest updates

    Jonathan Choi Jonathan
    Points per $ spent Complimentary Travel Insurance Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
    NAB Rewards Platinum Card
    Earn 1 NAB Rewards Point per $1 spent and receive double points on purchases made in major department and hardware stores.
    1 Yes 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
    HSBC Platinum Credit Card
    Earn 1 Reward Point per $1 spent and receive an annual fee refund with minimum spend.
    VISA/MC: 1 AMEX: 0 Yes 19.99% p.a. 0% p.a. for 22 months with 2% balance transfer fee $99 p.a. Go to site More info
    Virgin Australia Velocity Flyer Card - Exclusive Offer
    Earn 2 Velocity Points on top of the standard earn rate per $1 spent within the first 3 months, plus a $129 Virgin Australia Gift Voucher each year.
    VISA/MC: 0.66 AMEX: 0 No 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
    Citi Rewards Platinum Credit Card
    Enjoy a long-term balance transfer offer and earn 1 Citi Reward Point per $1 spent on all eligible domestic and international spend.
    VISA/MC: 1 AMEX: 0 Yes 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 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.
    VISA/MC: 0 AMEX: 0 Yes 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
    Platinum credit card benefits including higher credit limits and travel insurance, plus a low interest rate on balance transfers.
    VISA/MC: 0 AMEX: 0 Yes 19.74% p.a. 0% p.a. for 24 months with 3% balance transfer fee $90 p.a. Go to site More info
    Qantas American Express Ultimate Card
    Fly faster with up to 2.5 Qantas Points per $1 spent and receive a complimentary Qantas domestic return Economy flight every year.
    1.5 Yes 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
    Fly faster with up to 1 Qantas Point per $1 spent and receive bonus Qantas Points on selected Qantas products, services and partners.
    VISA/MC: 1 AMEX: 0 Yes 19.99% p.a. $199 p.a. Go to site More info
    American Express Explorer® Credit Card
    Earn up to 2 Membership Rewards Points per $1 spent and receive a $400 Travel Credit every year.
    2 Yes 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $395 p.a. Go to site More info
    St.George Vertigo Platinum
    Save with 12.74% p.a. on purchases. Also enjoy Visa Platinum Concierge service.
    VISA/MC: 0 AMEX: 0 Yes 12.74% p.a. 0% p.a. for 20 months $99 p.a. Go to site More info
    Platinum credit cards build on the benefits offered by gold credit cards by providing a wider range of features and more flexibility. They are designed for people who regularly pay with plastic, and want to be rewarded for it in a range of ways. In comparison to gold options, platinum cards may include:

    The features you can expect from a Platinum credit card

    Complimentary international travel insurance with broader coverage

    • Complimentary purchase protection insurance
    • Complimentary domestic interstate flight inconvenience insurance
    • Complimentary car hire insurance
    • More reward points per $1 than gold cards
    • Higher reward point caps
    • Personal concierge services
    • Minimum credit limits from $10,000
    • Annual fees ranging from $87 to $1,200

    Some platinum credit cards may also provide other spending benefits for customers. For example, platinum Bankwest credit cards offer no international transaction fees for purchases made overseas or online with an international retailer.

    The minimum income requirements for platinum credit cards also tend to be higher in comparison to gold cards. While some platinum options have minimum income requirements as low as $25,000, such as the Coles Platinum No Annual Fee Platinum Mastercard, most are around $50,000. You also have to have excellent credit history to get a platinum credit card, making them even more exclusive.

    Black Credit Cards

    Rates last updated May 26th, 2017.

    ANZ Frequent Flyer Black

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

    March 8th, 2017

    Westpac Altitude Black

    A new offer of $200 annual fee discount for the first year, which is valid until 28 June 2017.

    April 21st, 2017

    ANZ Rewards Black Credit Card

    A new offer of 75,000 bonus points when you spend $2,500 in the first 3 months

    May 8th, 2017

    View latest updates

    Jonathan Choi Jonathan
    Points per $ spent Complimentary Travel Insurance Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
    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.
    1 Yes 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
    Earn up to 2 Membership Rewards Points per $1 spent and receive a $400 Travel Credit every year.
    2 Yes 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $395 p.a. Go to site More info
    ANZ Rewards Black Credit Card
    This card offers 75,000 bonus points when you spend $2,500 on eligible purchases in the first 3 months 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.
    2 Yes 18.79% p.a. $0 p.a. annual fee for the first year ($375 p.a. thereafter) Go to site More info
    Westpac Altitude Black
    A credit card that lets you choose between Altitude or Qantas Points. Receive dedicated concierge services, complimentary Priority Pass giving you access to over 600 VIP airport lounges.
    VISA/MC: 1.25 AMEX: 3 Yes 20.24% p.a. $195 p.a. annual fee for the first year ($395 p.a. thereafter) Go to site More info
    Bendigo Bank Basic Black Credit Card
    A basic credit card that features low interest rates, low annual fee and up to 44 interest-free days on purchases.
    VISA/MC: 0 AMEX: 0 No 12.24% p.a. $45 p.a. Go to site More info

    Black credit cards are considered the ultimate in premium credit cards, with the highest and broadest range of benefits. In addition to the complimentary extras that you can find on gold or platinum cards, a black credit card may provide:

    The perks and features you can expect from a Black credit card
    • The highest amount of points per $1 for reward programs
    • Complimentary airport transfers
    • Flight upgrades
    • Dedicated travel booking services
    • A personal concierge service
    • A personal shopper
    • Invitations to exclusive events or promotions
    • Higher credit limits (sometimes up to $100,000)
    • Annual fees ranging from $349 to $700

    Black credit cards are designed for high earners who pay with plastic on a daily basis. As such, the minimum income requirements for these cards are usually between $75,000 and $150,000. You also need flawless credit history to get a black credit card.

    Questions to ask before choosing a platinum, gold or black credit card
    choosing-platgoldblack-CC

    The benefits of a platinum, gold or black credit card are only worth it if they offer more value than the costs that come from any interest charges or annual fees. Asking the following questions before choosing which type of card to get will help you find options that work for you.

    • How often do you use your credit card? Premium gold, platinum and black credit cards are designed for people who regularly use a credit card, and their annual fees and credit limits reflect that. Many of the complimentary extras available on these cards, such as travel insurance, also require you to pay with plastic to activate them. If you don’t use a credit card very often, you might want to consider a low rate or no annual fee option instead.
    • How much do you spend on your credit card? If you’re considering a rewards option, you should make sure the value of the points you earn outweighs the cost of the annual fee. You can do this by estimating your average monthly or yearly spending on credit and working out how many points per $1 you will earn. For more information, check out our guide on calculating the value of rewards points.
    • How much money do you earn? Gold, platinum and black credit cards typically have higher minimum income requirements than standard credit cards, so you will need to factor this in when considering different options.
    • How many platinum, gold or black credit card features will you actually use? Complimentary extras can help offset the cost of a credit card, but only if you use them. When considering different gold, platinum or black credit cards, make sure you’re realistic about which benefits you will use so that you can find a card that provides value based on your spending habits and circumstances.
    • Do you carry a credit card balance? Most gold, platinum and black credit cards have high standard interest rates. This means you could end up paying hundreds of dollars in interest every year when you carry a balance on one of these premium cards. If you don’t pay your account off in full each month, you may want to consider a premium credit card that has a low ongoing interest rate, such as the St.George Vertigo Platinum or Bankwest Breeze Platinum Mastercard.
    • Do you have an excellent credit history and credit score? These credit cards all require good to excellent credit history. If you have black marks on your credit file, such as late payments or defaults, you may not be eligible to apply for a gold, platinum or black credit card.

    Natasha chooses between a gold, platinum and black credit card

    blondie-on-laptop-with-creditcard

    Natasha is interested in getting a premium credit card that earns Qantas points but doesn’t know whether to choose a platinum, gold or black option. To help her make a decision, Natasha decides to compare a credit card from each of these categories.

    Natasha has chosen gold, platinum and black Qantas credit cards to compare

    CardStandard purchase rateAnnual feePoints per $1Points capOther benefits
    The Commonwealth Bank Gold Awards 20.24% p.a.$119 p.a.Mastercard: 1 point per $1 spent
    Amex: 2 points per $1 spent
    125,000 per year-International travel insurance included with card
    -Purchase security insurance
    -Extended warranty insurance
    The ANZ Frequent Flyer Platinum19.99% p.a.$0 for the first year ($295 p.a. thereafter)Spending up to $3,000 per statement period: 0.5 Qantas Points per $1
    Spending above $3,000 per statement period: 0.75 Qantas Points per $1 spent
    Different earn rate for spending above $3,000 per statement period-International travel insurance
    -Interstate flight inconvenience insurance
    -Rental excess cover
    -Purchase protection coverage
    -Price matching service
    -Extended warranty
    The ANZ Frequent Flyer Black19.99% p.a.$0 for the first year ($425 p.a. thereafter)Spending up to $7,500 per statement period: 0.5 Qantas Point per $1 spent on eligible purchases
    Spending above $7,500 per statement period: 1 Qantas Points per $1
    Different earn rate for spending above $7,500 per statement period-International travel insurance
    -Interstate flight inconvenience insurance
    -Rental excess cover
    -Purchase protection coverage
    -Price matching service
    -Extended warranty
    -Two complimentary Qantas Club Lounge invitations

    With these details in mind, Natasha considers her own circumstances and spending habits:

    • She regularly uses a credit card for everyday purchases.
    • She spends around $5,000 per month on credit.
    • Her salary is $85,000.
    • She takes one overseas holiday per year.
    • She aims to pay her balance in full each month.
    • She has an excellent credit score.

    Natasha decides she would like to have the option of earning Qantas Points per $1 with an American Express card, but doesn’t want to pay more than $300 on an annual fee. Based on her current spending, Natasha would be able to earn an average of 3,250 points per month with the ANZ Frequent Flyer Platinum, so she chooses this card out of the three options above.

    Premium credit cards unlock a whole world of potential value through features such as higher credit limits, greater rewards, complimentary insurance, travel perks and more. So now that you know the differences between gold, platinum and black credit cards, you can choose the right category for your circumstances and start comparing cards to find a great option for you.

    Frequently asked questions about gold, platinum and black credit cards

    Generally, you’ll need a positive credit history. The majority of these cards also have a minimum annual earnings requirement of around $35,000 – $70,000.

    Platinum credit cards have higher status than gold credit cards. This is reflected in the credit limits, annual fee, reward points earn rates and additional features such as complimentary travel insurance and 24/7 concierge services.

    When you apply for the credit card, most issuers will let you know if your application has been approved or rejected within a minute. If you receive a pending response, this means the bank needs to spend more time assessing your application. In this case, you can usually expect a response within a week.

    While some gold and platinum credit cards do have point caps, they tend to be higher than the caps on standard credit cards. Most black credit cards, on the other hand, offer uncapped points. You can also find a list of cards that don’t cap rewards points on this page.

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    Read more on this topic

    American Express Velocity Platinum Card
    American Express Velocity Platinum Card

    Interest rate

    20.74

    Annual fee

    375
    ANZ Platinum Credit Card - Exclusive Offer
    ANZ Platinum Credit Card - Exclusive Offer

    Interest rate

    19.74

    Annual fee

    87
    St.George Vertigo Platinum
    St.George Vertigo Platinum

    Interest rate

    12.74

    Annual fee

    99

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    33 Responses to Platinum, Gold and Black Credit Cards Comparison

    1. Default Gravatar
      Iris | October 6, 2015

      how to obtain a balance statement of current month

      • Default Gravatar
        | February 24, 2016

        When will i know when i get it

      • Staff
        Sally | February 24, 2016

        Hi Ejay,

        Thanks for your question.

        When you apply for the credit card, most issuers will let you know if your application has been approved or rejected within a minute. If you receive a pending response, this means the bank needs to spend more time assessing your application. In this case, you can usually expect a response within a week.

        I hope this has helped.

        Cheers,

        Sally

    2. Default Gravatar
      Trev | June 2, 2015

      Hi,

      I want the best value rewards credit card without a crazy high annual fee that offers no foreign transaction fees. These fees are amazingly deceptive because they are activated when dealing with some companies supposedly based in Australia but are domiciled overseas. Just another credit card company/bank rip off. I see Bankwest have 1 but not to sure on it. Any suggestions please? A list would be great, thanks

      • Staff
        Jonathan | June 2, 2015

        Hi Trev, thanks for your inquiry!

        Please refer to the following link for a list of credit cards with no annual fee and no foreign transaction fees.

        Cheers,

        Jonathan

      • Default Gravatar
        | June 2, 2015

        Thanks but this is not what I asked.
        I am looking for REWARDS credit cards with no foreign transaction fees. Thank you

      • Staff
        Jonathan | June 2, 2015

        Hi Trev, thanks for your response!

        Please refer to the following link for a list of no foreign currency exchange fee credit cards including rewards credit cards.

        Cheers,

        Jonathan

    3. Default Gravatar
      brad | April 22, 2015

      Hey I would like to see if I can get a credit card with you please.

      • Staff
        Jonathan | April 23, 2015

        Hi Brad, thanks for your inquiry!

        Please note that finder.com.au is a comparison service and is not directly affiliated with any banks. The application criteria and requirements are listed under each credit card review page. If you meet those criteria then you will be eligible to apply. To allow me to assist you further was there a specific credit card you were inquiring about today?

        Cheers,

        Jonathan

    4. Default Gravatar
      glenda | March 25, 2015

      My credit card now caps the frequent flyer points earned per month. I am looking for a card that does not cap the number of points earned per month. Can you advise .

      • Staff
        Elizabeth | March 25, 2015

        Hi Glenda,

        Thanks for your question.

        You can find a list of card that don’t cap rewards points on this page. Also, we have a list of cards that offer no points capping and no points expiry on this page.

        I hope this has helped.

        Thanks,

        Elizabeth

    5. Default Gravatar
      | March 18, 2015

      I don’t work iv bad credit at the moment so can you help me be accepted for credit card

      • Staff
        Jonathan | March 18, 2015

        Hi Ann, thanks for your inquiry!

        Please note that finder.com.au is a comparison service and is not directly affiliated with any banks/lenders. Unfortunately Australia does not have a credit card product targeted towards bad credit customers, however there are ways to improve your credit score to increase the chance of being approved. Please see this page for more information on improving your credit score. It would be recommended to speak to a lender/ bank directly either through the phone or local branch so they would be able to best advise on your options and eligibility.

        Cheers,

        Jonathan

    6. Default Gravatar
      harry | November 3, 2014

      Hi I have a Westpac platinum and paying for a trip over seas from June 3rd to 23 September with my wife
      does the travel ins cover me for wile I am away . The ins says only 3 months and there a lots of could pay for this in a lot of clauses in travel ins .Is there a number to contact if about parts of insurance.

      • Staff
        Elizabeth | November 4, 2014

        Hi Harry,

        Thanks for your question.

        The period of cover last for six months if you have an Earth Platinum, Altitude Platinum or an Altitude Qantas Platinum, Singapore Airlines Westpac Platinum card or a Westpac Platinum 55 day card.

        The cover will last for three months if you have any of the Platinum Plus range of credit cards. You can get in contact with Zurich (the insurance providers) directly if you have questions regarding your insurance cover, I’ve sent you through the number.

        Thanks,

        Elizabeth

    7. Default Gravatar
      | March 8, 2014

      Is insurance free for Platinum card Mastercard holders if paid for by that card for travellers of 81 years of age

      • Default Gravatar
        Alan | May 14, 2014

        as a business owner I am concerned about the interest rate we pay on the various cards .521% on standard credit cards and up to 2.8% premium plus and other cards Is it legal to pass that cost on and if so how does one identify the cards as there appears to be no clear identification on some cards
        cheers Alan

      • Staff
        Shirley | May 15, 2014

        Hi Alan,

        Thanks for your question.

        Usually a good place to check is the Product Disclosure Statement of the credit card, and then confirm what the interest rates are on the bank’s website. On creditcardfinder.com.au, the interest rates are listed in the blue tables under the heading ‘interest rates’.

        Cheers,
        Shirley

      • Staff
        Jacob | March 10, 2014

        Hi Anne.

        It will depend on the provider. Each card issuer (Commonwealth Bank, ANZ, Westpac for instance) has slightly different rules about the cut off age for their complimentary insurance policies. If you can let me know which Platinum MasterCard you’re referring to, I can give you a little more information.

        Thanks for your question.

    8. Default Gravatar
      david | August 28, 2013

      How do I sign up for frequent flyer points with my NAB credit card?

      • Staff
        Jacob | August 28, 2013

        Hi David.

        Thanks for getting in touch with us.

        NAB currently have two products that allow you to earn frequent flyer points. And both of these cards come with complimentary Qantas Frequent Flyer Membership if you don’t already have one. If you already had a Qantas Frequent Flyer membership, you should have been prompted to link your card and your membership when you applied for the card. You can do this now by calling NAB directly.

        I hope this helps.

    9. Default Gravatar
      Kenneth | August 11, 2013

      How do I change my email address for my MasterCard moments?

      • Staff
        Jacob | August 12, 2013

        Hi Kenneth, thanks for your question.

        MasterCard does not issue any credit cards, so you will need to contact the card issuing institution to get them to change your email address.

        Jacob.

    10. Default Gravatar
      Timi | May 28, 2013

      Which one is higher in quality and benefits between the platinum credit card and the gold credit card

      • Staff
        Jacob | May 28, 2013

        Hi Timi. Generally speaking Platinum Credit Cards are have a higher status than Gold Credit Cards. This is reflected in the annual fee, the rewards points earning, and additional features like complimentary international travel insurance and airport lounge access. Let me know if there’s anything else you would like help with. Jacob.

      • Default Gravatar
        yeller | December 15, 2015

        Hi, I’m a citibank platinum card holder for a number of years but i never have the chance to access to the lounge areas in airports or sometimes i don’t get priority boarding and other amenities and also how would i access to upgrading. how would i be able to have these perks? thanks

      • Staff
        Sally | December 15, 2015

        Hello,

        Unfortunately, the Citibank Platinum card doesn’t offer complimentary airline lounge access.

        You can compare cards that offer these perks here.

        Cheers,

        Sally

    Credit Cards Comparison

    Rates last updated May 26th, 2017
    Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
    Virgin Australia Velocity Flyer Card - Exclusive Offer
    Earn 2 Velocity Points on top of the standard earn rate per $1 spent within the first 3 months, plus a $129 Virgin Australia Gift Voucher each year.
    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 Credit Card
    Earn 1 Reward Point per $1 spent and receive an annual fee refund with minimum spend.
    19.99% p.a. 0% p.a. for 22 months with 2% balance transfer fee $99 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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