finder’s Christmas credit card picks

With Christmas fast-approaching, our hand-picked list of 0% purchase credit cards will help you narrow down the right card for you this silly season.

The festive season has officially started and the time you have to apply for a credit card before Christmas is running out. It's not too late, though, and this month's credit card roundup is designed to help you find a credit card that can help you cover your Christmas costs, avoid interest and reward your spending.

Spend with the NAB Low Fee Card and clear your Christmas costs without interest for 15 months

The average Australian is predicted to spend $539 on Christmas gifts this year, according to a recent survey conducted by finder. But, if you’re planning on splurging for your loved ones, the NAB Low Fee Card could help you avoid post-holiday debt. With a promotional 0% p.a. on purchases for the first 15 months, you’d have more than a year to clear your festive spending without attracting any interest. The card also comes with a low annual fee of $30, so you won’t have to worry about excessive fees outweighing your interest savings. Plan your budget ahead though and make sure that you know how much you’ll need to repay each month to pay off the entire balance before the 15-month offer ends. This is because any remaining balances will attract the standard revert interest rate of 19.74% p.a once the promo ends.

Save on interest and reward yourself with $100 cashback with the ANZ Low Rate card

You could cut card costs these holidays with a 0% interest rate on purchases for the first six months and a competitive annual fee of $58 with the ANZ Low Rate card. This means you would have half a year to repay what you charged over Christmas without any additional interest. Once this promotional period ends, the standard revert rate of 13.49% p.a. will apply to any remaining balances on your card. You’ll also receive the $100 cashback within two months of activation, giving you some extra cash flow to clear your Christmas debts before the introductory offer ends.

Earn Velocity Points as you spend and avoid interest with Virgin Australia’s Velocity High Flyer credit card

Reward yourself with the gift of giving and Velocity Points when you spend with the Velocity High Flyer credit card. You could pick up 0.66 Velocity Points per dollar spent up to $1,500 per month and 0.5 points thereafter. If you have any vacation plans over the holiday period, you could also enjoy 1 point per $1 spent with Virgin Australia. If you make a retail purchase within two months (which you’re bound to do over Christmas), you’ll also be gifted with a $129 Virgin Australia Gift Voucher. The gift voucher is an annual perk of the card, so you can look forward to it each time you make the eligible spend every year thereafter.

Plus, with a 0% promotional purchase rate for the first 12 months, you’ll have until next Christmas to repay your holiday debt without collecting any interest. This exclusive offer is available when you apply for the card through finder. Make sure you pay off the entire debt during the promotional period as a 20.74% p.a will apply to any remaining balances and future purchases thereafter. The card also has an annual fee of $129 p.a., so make sure that the annual fee doesn’t outweigh any savings you make from the no interest period to get the most value from the card this Christmas.

Once you've compared your options and ensured you meet the eligibility requirements, you can apply for your preferred credit card online via finder. If you're approved, your card should arrive within a week or so, so you'll have plenty of time to get your last-minute Christmas shopping done! If you want more tips on how to compare credit cards to find the best* one to use this year, see our guide to what type of credit card you should use this Christmas.

finder's Credit Card Picks compares and highlights the latest credit card offers of the month. In the first week of every month, check back to weigh up the most competitive credit card offers for that spending season.

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