Mastercard Credit Cards Comparison | finder.com.au

Mastercard Credit Cards

Take advantage of global acceptance and exclusive perks with a Mastercard credit card.

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A large number of banks and lenders in Australia provide Mastercard credit cards and you'll see its logo on the front of them. By itself, Mastercard is not an issuer of credit, but functions as a third-party payment processor.

Offering rewards, low rates, low fees, travel perks and more, you can compare all kinds of Mastercards on Finder to pick the right one for your spending style.

Citi Credit Card Offer

Citi Rewards Card - Balance Transfer Offer

0% p.a. for 30 months on balance transfers
$49 first-year annual fee

Offer ends 30 June 2021

Eligibility criteria, terms and conditions, fees and charges apply

Citi Credit Card Offer

Save with a long-term balance transfer offer and a first-year annual fee discount. Plus, Citi reward Points for your spending and complimentary insurance.

  • $49 first-year annual fee ($149 p.a. thereafter)
  • 0% p.a. on balance transfers for 30 months with no balance transfer fee, reverts to 22.24% p.a.
  • 21.49% p.a. purchase interest rate | 22.24% p.a. cash advance rate
  • Earn 1 Citi reward Point per $1 spent
  • Minimum credit limit of $6,000
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Mastercard Credit Card Comparison

Data updated regularly
Name Product Purchase rate Interest-free period Annual fee Balance transfer rate
Citi Rewards Card - Balance Transfer Offer
21.49% p.a.
Up to 55 days on purchases
$49 annual fee for the first year ($149 p.a. thereafter)
0% p.a. for 30 months
Save on interest with 0% p.a. on balance transfers for 30 months with no balance transfer fee. Plus, a $49 first-year annual fee.
Qantas Premier Platinum
19.99% p.a.
Up to 55 days on purchases
$199 annual fee for the first year ($299 p.a. thereafter)
0% p.a. for 18 months with 1% balance transfer fee
Get 100,000 bonus Qantas Points when you spend at least $4,000 within the first 3 months. Plus a discounted $199 first-year annual fee.
Coles No Annual Fee Mastercard - Exclusive Offer
0% p.a. for 12 months, reverts to 19.99% p.a.
Up to 55 days on purchases
$0
0% p.a. for 12 months
Finder Exclusive
Earn 10,000 bonus Flybuys points and save on interest charges with 0% p.a. on balance transfers and purchases for 12 months.
Bankwest Zero Platinum Mastercard
17.99% p.a.
Up to 55 days on purchases
$0
2.99% p.a. for 9 months
Offers a $0 annual fee, 0% foreign transaction fees, complimentary international travel insurance and a balance transfer offer.
Citi Clear Card
14.99% p.a.
Up to 55 days on purchases
$49 annual fee for the first year ($99 p.a. thereafter)
0% p.a. for 15 months
Get $250 cashback when you spend $3,000 within the first 90 days. Plus, a 0% balance transfer offer and first-year annual fee discount.
Bankwest Breeze Classic Mastercard
10.99% p.a.
Up to 55 days on purchases
$0 annual fee for the first year ($49 p.a. thereafter)
0% p.a. for 26 months with 2% balance transfer fee
Save with 0% p.a. on balance transfers for 26 months (with a 2% BT fee) and $0 first-year annual fee. Plus, a 10.99% p.a. purchase interest rate.
Westpac Low Rate Card
13.74% p.a.
Up to 55 days on purchases
$0 annual fee for the first year ($59 p.a. thereafter)
0% p.a. for 28 months with 1% balance transfer fee
Save with a $0 annual fee for the first year, plus, a 0% interest rate on balance transfers for 28 months.
Coles Low Rate Mastercard
12.99% p.a.
Up to 55 days on purchases
$58
0% p.a. for 15 months
Enjoy a 0% interest on balance transfers for 15 months, with no BT fee. Plus, earn Flybuys points as you spend.
Coles Rewards Mastercard
19.99% p.a.
Up to 55 days on purchases
$0 annual fee for the first year ($99 p.a. thereafter)
0% p.a. for 18 months with 1.5% balance transfer fee
Enjoy 20,000 bonus Flybuys points, a $0 first-year annual fee and 0% p.a. on balance transfers for 18 months (1.5% fee applies).
Bendigo Bank Low Rate Credit Card
11.99% p.a.
Up to 55 days on purchases
$45
0% p.a. for 24 months with 2% balance transfer fee
Save with 0% p.a. on balance transfers for 24 months (with a 2% BT fee). Plus a 11.99% p.a. purchase interest rate.
humm90 Mastercard
23.99% p.a.
Up to 110 days on purchases
$99
Enjoy up to 110 days interest-free on purchases, 0% foreign transaction fees and flexible instalment plan options.
Westpac Altitude Platinum Card
20.49% p.a.
Up to 45 days on purchases
$99 annual fee for the first year ($150 p.a. thereafter)
0% p.a. for 18 months with 1% balance transfer fee
Get 80,000 bonus Altitude Points (worth $350 in eGift cards) when you spend $3,000 in the first 90 days, and a first-year annual fee discount.
Citi Simplicity Card
0% p.a. for 6 months, reverts to 21.49% p.a.
Up to 55 days on purchases
$0
0% p.a. for 6 months
Get 0% p.a. interest for up to 6 months on purchases and balance transfers. Plus, a $0 annual fee for life.
Citi Rewards Card - Points & Gift Card Offer
21.49% p.a.
Up to 55 days on purchases
$49 annual fee for the first year ($149 p.a. thereafter)
0% p.a. for 15 months
Receive 90,000 bonus Citi reward Points (worth $400 in gift cards) and a $100 Coles eGift Card when you spend $3,000 in the first 90 days.
Citi Rewards Card - Bonus Points Offer
21.49% p.a.
Up to 55 days on purchases
$49 annual fee for the first year ($149 p.a. thereafter)
0% p.a. for 15 months
Get 100,000 bonus Citi reward Points (worth $460 in gift cards) when you spend $3,000 in the first 90 days. Plus, a $49 first-year annual fee.
MoneyMe Freestyle Virtual Mastercard
16.99% p.a.
Up to 55 days on purchases
$0
Get approved quickly online and start using your card right away. Plus, the ability to transfer money to a bank account.
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What are the benefits of using a Mastercard?

  • Global acceptance

Mastercard is accepted in hundreds of countries and millions of locations around the world. You can use your Mastercard wherever the Mastercard symbol is displayed, including at ATMs, EFTPOS terminals and online.

  • Mastercard PayPass

Just about all newly issued Mastercard credit cards are embedded with Paypass technology that enables cardholders to make contactless payments without entering a PIN for purchases under $100.

  • Emergency Services

You can contact Mastercard's 24/7 customer service team on 1800 120 113 within Australia. This service can help you with the reporting of lost or stolen cards, it can provide emergency replacement cards and cash advances, it can help you find the nearest Mastercard or Cirrus ATM, and it can provide information related to your account.

  • Mastercard World

With Mastercard World, cardholders can take advantage Mastercard wine privileges at participating restaurants, complimentary meals at partnered hotels plus exclusive dining and travelling experiences.

  • Mastercard Priceless Cities

Mastercard Priceless Cities offers cardholders access to a variety of unique and exclusive experiences ranging across realms like dining, shopping, entertainment, travelling, and golfing.

  • Currency conversion

When you use your Mastercard overseas, you don’t have to worry about making confusing currency conversion calculations. When you use your Mastercard to make a payment, it pays the merchant in the local currency, and bills you in Australian dollars.

What are the security features of a Mastercard credit card?

  • Mastercard SecureCode. This online program provides additional security when your credit card details make it to the online marketplace, minimising the possibility of unauthorised usage. Close to 600,000 online merchants support transactions made using Mastercard SecureCode.
  • Zero Liability. Mastercard’s Zero Liability policy protects cardholders from unauthorised and fraudulent charges made using their cards. You can receive protection though this policy if you meet certain criteria, which include exercising due diligence in keeping your card safe, and reporting theft, loss, or unauthorised use as soon as you find out.

How can I compare Mastercard credit cards?

  • Fees. The fees you end up paying depend on the credit card issuer you choose to go with as well as the card you get. While a basic no-frills Mastercard might require you to pay little or no annual fees, you might have to pay a noticeably higher annual fee if you get a gold or platinum Mastercard.
  • Interest rate offers. As well as standard purchase or cash advance rates, you can also compare Mastercard products based on any promotional interest rates that can help you cut costs with 0% purchase and balance transfer offers.
  • Credit card issuer. Mastercard products are available through a variety of Australian credit card issuers. As they determine many of the features and fees that come with the card, it's important to consider which company issues the card when comparing your options.
  • Rewards. While Mastercard does not provide a rewards program, you can find several Mastercard credit cards linked to various rewards and frequent flyer programs. This is something you should consider if you're looking to earn points as you spend.
  • Complimentary insurance covers. Some Mastercard products offer complimentary insurance covers including transit accident insurance, interstate flight inconvenience insurance, international travel insurance, purchase cover insurance, and extended warranty insurance.

While Mastercard products offer a variety of benefits, it's important to compare the different products offered by Australian issuers to find the right card for you.

History of Mastercard

Mastercard began operations in the late 1940s, at a time when a number of American banks gave their customers specially issued paper that they could use in the form of cash at local establishments. Mastercard issued its first batch of credit cards in California, to serve as direct competition to the Bank of America card that later went on to become Visa.

With time, a number of franchises evolved in several cities, and in 1966, one such group formed the Interbank Card Association (ICA). No single bank dominated the running of this organisation and member committees came into effect for this very purpose. ICA went on to become Mastercard in 1979.

History of Mastercard in Australia

By the late 1960s, ICA started spreading its wings outside the US, and its initial affiliations were with Banco Nacional in Mexico and the European Eurocard. Japanese members entered the picture in the same year. By the late 1970s, it had members from Japan and Africa. A further expansion in the 1980s saw it entering Asia, Latin America, and Australia.

As of now, Mastercard has over 30 offices around the world, with a particularly strong presence in the Asia-Pacific region. Its Australian headquarters is in North Sydney, NSW. The ‘big four’ banks all offer credit cards affiliated to Mastercard, as do a number of other smaller and regional banks.

Frequently asked questions

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51 Responses

    Default Gravatar
    bertgMarch 30, 2018

    I need to cancel my MasterCard and get an email confirming this, I note ,there is NO repeat NO email address for this .

      Avatarfinder Customer Care
      JeniMarch 30, 2018Staff

      Hi Bertg

      Thank you for getting in touch with finder.
      For any card cancellation request, you must either call or visit the bank issuer of your MasterCard. You may ask them to send you the email about this request as well.

      I hope this helps.

      Have a great day!

      Cheers,
      Jeni

    Default Gravatar
    EliasDecember 26, 2017

    Hi I am looking for Platinum MC with rewards and no interest on balance transfer and no international transaction fee with complimentary Travel Insurance can you suggest few for me thanks

    Default Gravatar
    ZhiAugust 19, 2017

    I have a Westpac Earth platinum Master card. Does it come with free travel insurance?

      Default Gravatar
      ArnoldAugust 19, 2017

      Hi Zhi,

      Thanks for your inquiry.

      Yes, your Westpac Earth Platinum Card comes with complimentary travel insurance, but I’m afraid that the policy does not include cruise cover. Thankfully, you can compare travel insurance and find the right policy that comes with cruise cover. You might like to compare travel insurance options which include cover for cruises.

      Hope this information helped.

      Cheers,
      Arnold

    Default Gravatar
    BarbaraApril 12, 2017

    How do I find out if my Woolworths Rewards Card is connected to my Qantas Frequent Flyer account?

    Default Gravatar
    BobNovember 23, 2016

    Can you tell me if any master card have rewards or frequent flyer points please? I have 2 visa cards which both have rewards and woulike a MC to replace my Amex card.
    Thank you for your time with this email
    Regards Bob

    Default Gravatar
    RicardoNovember 17, 2016

    Can you please give me a active credit card to shop tomorrow, i love the site is the best

      Avatarfinder Customer Care
      DeeNovember 17, 2016Staff

      Hi Ricardo,

      Thanks for reaching out.

      Please note that finder.com.au is a financial comparison and information website that helps users make better decisions. We are not a credit card company.

      Generally, if you apply for a credit card online and are approved, it would take around two weeks for you to receive your card through mail.

      Cheers,
      Anndy

    Default Gravatar
    ChrisOctober 28, 2016

    Hi,

    When I use the Platinum card overseas (say USA) what exchange rate is applied to convert the transaction to AUD? What is the transaction cost relative to the prevailing market rate?

    Cheers,

      Avatarfinder Customer Care
      DeeNovember 2, 2016Staff

      Hi Chris,

      Thanks for your question.

      If you have a Mastercard credit card, the conversion rate that will be used will be that of Mastercard’s. You can find out the conversion rate for the day by visiting Mastercard’s website.

      The transaction costs for using a credit card overseas vary among Mastercard credit cards. When you click the name of the credit card in the above comparison table, you will be redirected to its review page where you can check the ‘Fees & Repayments’ for a particular card.

      I hope this helps.

      Cheers,
      Anndy

    Default Gravatar
    RoySeptember 25, 2016

    Hi,

    Why the Citibank CC is not available in your list?

      Avatarfinder Customer Care
      DebbieSeptember 26, 2016Staff

      Hi Roy,

      Thanks for your question.

      Most of the available Citibank credit cards are Visa. We’ve listed some of them under our Visa credit cards comparison page.

      Although we cover a wide range of products, providers, and services, we don’t cover every product, provider or service available in the market. Thus, there may be other options available to you.

      You may also want to check Citibank credit cards for more options.

      I hope this helps.

      Cheers,
      Debbie

    Default Gravatar
    WilliamJanuary 9, 2016

    How do I report a lost Mastercard

      Avatarfinder Customer Care
      YsaJanuary 9, 2016Staff

      Hi William,

      Thanks for your inquiry.
      You can contact MasterCard’s round-the-clock Emergency Services to report any lost or stolen cards.
      I’ve emailed you the relevant contact details for your convenience.
      I hope this helps.

      Cheers,
      Ysa

    Default Gravatar
    felixSeptember 23, 2015

    i might have given out my master card front face information to unknown person. please advice on what to do

      Avatarfinder Customer Care
      JonathanSeptember 24, 2015Staff

      Hi Felix, thanks for your inquiry!

      In the event that your card information may have been compromised, it would be recommended to contact your bank as soon as possible to replace your credit card’s number and information.

      Cheers,

      Jonathan

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