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No Interest Credit Cards

Compare credit cards with 0% interest rate offers that can help you save on card costs.

If you want to pay off existing debt or if you have some big expenses coming up, there is a wide range of credit cards that offer an introductory 0% p.a. interest rate for balance transfers or purchases. Depending on the introductory offer, you may even get a 0% p.a. interest rate for both purchases and balance transfers. After the introductory period ends, a higher, standard interest rate will apply to any debt that's left on the card.

As well as promotional 0% interest credit card offers, many credit cards offer interest-free days for purchases when you pay your account balance in full by the due date on each statement. This gives you a way to use your card and pay no interest for your purchases – even if you don't have an introductory offer. Use this guide to compare the different types of zero interest credit cards available and learn how they work so you can find the right one for you.

Compare 0% balance transfer and purchase credit cards

Rates last updated November 18th, 2018
$
% p.a.

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Name Product Balance transfer rate (p.a.) Purchase rate (p.a.) Annual fee Amount Saved Product Description
Virgin Australia Velocity Flyer Card - Exclusive Offer
0% p.a. for 6 months
0% p.a. for 14 months (reverts to 20.74% p.a.)
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
finder Exclusive: Save on credit card costs with half the annual fee for the first year and a 0% p.a. interest rate on purchases for 14 months.
Citi Platinum Credit Card - Exclusive Offer
0% p.a. for 13 months
0% p.a. for 13 months (reverts to 20.99% p.a.)
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
finder Exclusive:
Save with 0% interest on purchases and balance transfers for 13 months (with no BT fee). Plus, a discounted $49 annual fee for the first year.
NAB Low Rate Platinum Card
0% p.a. for 6 months with 2% balance transfer fee
0% p.a. for 9 months (reverts to 13.99% p.a.)
$100 p.a.
Enjoy a 0% p.a. interest rate offer on purchases for 9 months and the protection of 7 complimentary insurances including overseas travel insurance.
Bankwest Breeze Classic Mastercard
0% p.a. for 13 months with 2% balance transfer fee
0% p.a. for 13 months (reverts to 12.99% p.a.)
$79 p.a.
Receive purchase and balance transfer offers of 0% p.a. for 13 months, a low ongoing rate and up to 55 interest-free days on purchases.
NAB Low Rate Credit Card
0% p.a. for 6 months with 2% balance transfer fee
0% p.a. for 6 months (reverts to 13.99% p.a.)
$59 p.a.
Receive an introductory 0% p.a. interest rate for 6 months on purchases, Visa Entertainment offers and a competitive $59 ongoing annual fee.
Bankwest Breeze Platinum Mastercard
0% p.a. for 13 months with 2% balance transfer fee
0% p.a. for 13 months (reverts to 12.99% p.a.)
$99 p.a.
Receive a 0% p.a. interest rate on purchases and balance transfers for 13 months, complimentary travel insurance and 0% foreign transaction fees.
Virgin Australia Velocity Flyer Card - 0% Interest Offer
0% p.a. for 6 months
0% p.a. for 14 months (reverts to 20.74% p.a.)
$129 p.a.
Earn Velocity Rewards and access an interest-free offer on purchases and balance transfers.

Compare up to 4 providers

No interest credit cards

Card Name Balance transfer rate Annual fee
Virgin Australia Velocity Flyer Card - Exclusive Offer0% p.a. for 13 months$49 p.a. annual fee for the first year ($149 p.a. thereafter)
Citi Clear Platinum Credit Card - Exclusive Offer 0% p.a. for 14 months$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Bankwest Breeze Classic Mastercard 0% p.a. for 13 months with 2% balance transfer fee$79 p.a.

What types of no interest credit cards are available?

There are many types of 0% interest credit cards available to suit different needs. Depending on the card you choose, you could get an introductory 0% interest period for purchases or balance transfers or interest-free days on purchases for each billing period.

0% purchase rate credit cards

If you're planning to buy a big-ticket item or want to use a credit card to pay for a holiday, Christmas or another major event, a 0% purchase credit card can help you save on interest charges. These cards offer no interest on purchases for an introductory period, which can vary from 3 to 18 months. After that, the 0% interest rate will revert to a higher, standard variable interest rate for any remaining balance on the card.

Compare credit cards with 0% interest rates on purchases

Rates last updated November 18th, 2018
$
Name Product Product Description Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Interest Free Period Amount Saved
Citi Platinum Credit Card - Exclusive Offer
finder Exclusive:
Save with 0% interest on purchases and balance transfers for 13 months (with no BT fee). Plus, a discounted $49 annual fee for the first year.
0% p.a. for 13 months (reverts to 20.99% p.a.)
0% p.a. for 13 months
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
Up to 55 days on purchases
Virgin Australia Velocity Flyer Card - Exclusive Offer
finder Exclusive: Save on credit card costs with half the annual fee for the first year and a 0% p.a. interest rate on purchases for 14 months.
0% p.a. for 14 months (reverts to 20.74% p.a.)
0% p.a. for 6 months
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Up to 44 days on purchases
Bankwest Breeze Classic Mastercard
Receive purchase and balance transfer offers of 0% p.a. for 13 months, a low ongoing rate and up to 55 interest-free days on purchases.
0% p.a. for 13 months (reverts to 12.99% p.a.)
0% p.a. for 13 months with 2% balance transfer fee
$79 p.a.
Up to 55 days on purchases
St.George Amplify
Take advantage of 0% p.a. interest on purchases for the first 14 months. Plus, earn 1 Amplify Point per $1 spent on eligible purchases, uncapped.
0% p.a. for 14 months (reverts to 19.49% p.a.)
$79 p.a.
Up to 55 days on purchases
Bank of Melbourne Amplify Card
Take advantage of 0% p.a. interest on purchases for the first 14 months. Plus, your choice of Amplify or Qantas Points.
0% p.a. for 14 months (reverts to 19.49% p.a.)
$79 p.a.
Up to 55 days on purchases
Bankwest Breeze Platinum Mastercard
Receive a 0% p.a. interest rate on purchases and balance transfers for 13 months, complimentary travel insurance and 0% foreign transaction fees.
0% p.a. for 13 months (reverts to 12.99% p.a.)
0% p.a. for 13 months with 2% balance transfer fee
$99 p.a.
Up to 55 days on purchases
NAB Low Rate Platinum Card
Enjoy a 0% p.a. interest rate offer on purchases for 9 months and the protection of 7 complimentary insurances including overseas travel insurance.
0% p.a. for 9 months (reverts to 13.99% p.a.)
0% p.a. for 6 months with 2% balance transfer fee
$100 p.a.
Up to 55 days on purchases
BankSA Amplify
Take advantage of 0% p.a. interest on purchases for the first 14 months. Plus, your choice of Amplify or Qantas Points.
0% p.a. for 14 months (reverts to 19.49% p.a.)
$79 p.a.
Up to 55 days on purchases
NAB Low Rate Credit Card
Receive an introductory 0% p.a. interest rate for 6 months on purchases, Visa Entertainment offers and a competitive $59 ongoing annual fee.
0% p.a. for 6 months (reverts to 13.99% p.a.)
0% p.a. for 6 months with 2% balance transfer fee
$59 p.a.
Up to 55 days on purchases

Compare up to 4 providers

0% balance transfer cards

If you have an existing debt, a 0% balance transfer credit card can help you save money by charging no interest during the introductory period. The length of the 0% offer varies between cards but is usually between 6 to 24 months. At the end of the introductory period, the 0% interest rate will revert to a higher standard rate. So if you want to have zero interest on your credit card debt, make sure you pay it off in full before the introductory period ends.

Compare balance transfer credit cards with 0% interest periods

Rates last updated November 18th, 2018
$
% p.a.

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Name Product Balance transfer rate (p.a.) Purchase rate (p.a.) Annual fee Amount Saved Product Description
NAB Low Fee Platinum Card - Exclusive Offer
0% p.a. for 25 months
19.74% p.a.
$90 p.a.
finder Exclusive: Take advantage of 0% p.a. interest for 25 months on balance transfers with no balance transfer fee.
Citi Clear Platinum Credit Card
0% p.a. for 14 months
12.99% p.a.
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers a 0% p.a. for 14 months balance transfer and $0 first year annual fee. Plus, insurance covers and Citibank Dining Program perks.
ANZ Low Rate
0% p.a. for 15 months
12.49% p.a.
$58 p.a.
Save with a 0% p.a. introductory rate on balance transfers for 15 months with no BT fee. Plus a low 12.49% p.a. interest rate on purchases.
Virgin Australia Velocity Flyer Card - Bonus Points Offer
0% p.a. for 18 months
20.74% p.a.
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Earn up to 60,000 bonus points in the first 3 months and save with a $64 first year annual fee. Plus, a long-term balance transfer offer.
Citi Platinum Credit Card - Exclusive Offer
0% p.a. for 13 months
0% p.a. for 13 months (reverts to 20.99% p.a.)
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
finder Exclusive:
Save with 0% interest on purchases and balance transfers for 13 months (with no BT fee). Plus, a discounted $49 annual fee for the first year.
Suncorp Clear Options Platinum Credit Card - Online Offer
0% p.a. for 18 months
20.74% p.a.
$49 p.a. annual fee for the first year ($129 p.a. thereafter)
Save with a 0% balance transfer offer and earn up to 60,000 Bonus Rewards Points. Plus, a discounted first year annual fee when you apply online.
Westpac Low Rate Card
0% p.a. for 24 months with 1% balance transfer fee
13.49% p.a.
$0 p.a. annual fee for the first year ($59 p.a. thereafter)
Offers a 0% for 24 month balance transfer option, first year annual fee waiver and a competitive purchase rate.
Virgin Australia Velocity Flyer Card - Exclusive Offer
0% p.a. for 6 months
0% p.a. for 14 months (reverts to 20.74% p.a.)
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
finder Exclusive: Save on credit card costs with half the annual fee for the first year and a 0% p.a. interest rate on purchases for 14 months.
ANZ First Visa Credit Card
0% p.a. for 18 months with 2% balance transfer fee
19.74% p.a.
$30 p.a.
Get up to 18 months interest-free on balance transfers and save with a low $30 annual fee. Plus, up to 44 days interest-free on purchases.
Citi Simplicity Card
0% p.a. for 6 months
19.99% p.a.
$0 p.a.
Get 0% p.a. interest for up to 6 months on balance transfers with no BT fee. Plus, a $0 annual fee for life.

Compare up to 4 providers

Interest-free days offers

This is an ongoing credit card feature that offers you 0% interest on purchases for a set number of days in each statement period, usually up to 44 or 55 days. Usually, interest-free days are only available when you pay your balance in full by the due date on each statement. You can learn more about credit cards that offer interest-free days here.

Compare credit cards with up to 55 interest-free days

Rates last updated November 18th, 2018
Name Product Purchase rate (p.a.) Interest Free Period Annual fee Balance transfer rate (p.a.) Product Description
HSBC Platinum Credit Card
19.99% p.a.
Up to 55 days on purchases
$129 p.a.
0% p.a. for 22 months with 2% balance transfer fee
Offers a 0% p.a. for 22 months balance transfer and an annual fee refund each year when you spend $6,000. Plus, 2 airport lounge passes every year.
Westpac Low Rate Card
13.49% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($59 p.a. thereafter)
0% p.a. for 24 months with 1% balance transfer fee
Offers a 0% for 24 month balance transfer option, first year annual fee waiver and a competitive purchase rate.
Qantas Premier Everyday
19.99% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($49 p.a. thereafter)
4.9% p.a. for 24 months
Take advantage of up to 40,000 bonus Qantas Points, a $0 first year annual fee plus complimentary overseas travel insurance.
Bendigo Bank Low Rate Mastercard
11.99% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($45 p.a. thereafter)
A no-frills card with a low variable purchase interest rate of 11.99% p.a. and a $0 first year annual fee.
ANZ Low Rate
12.49% p.a.
Up to 55 days on purchases
$58 p.a.
0% p.a. for 15 months
Save with a 0% p.a. introductory rate on balance transfers for 15 months with no BT fee. Plus a low 12.49% p.a. interest rate on purchases.
Qantas Premier Platinum
19.99% p.a.
Up to 55 days on purchases
$299 p.a.
0% p.a. for 15 months
Get 60,000 bonus Qantas Points and a $300 Qantas Flight Voucher when you spend $4,000 within the first 90 days.
Citi Platinum Credit Card - Exclusive Offer
0% p.a. for 13 months (reverts to 20.99% p.a.)
Up to 55 days on purchases
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
0% p.a. for 13 months
finder Exclusive:
Save with 0% interest on purchases and balance transfers for 13 months (with no BT fee). Plus, a discounted $49 annual fee for the first year.
St.George Vertigo Classic
13.74% p.a.
Up to 55 days on purchases
$55 p.a.
0% p.a. for 16 months
Get 0% p.a. interest for up to 16 months on balance transfers with no BT fee. Plus, a competitively low annual fee and purchase rate.
Citi Rewards Platinum Credit Card - Online Offer
20.99% p.a.
Up to 55 days on purchases
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
0% p.a. for 24 months with 1.5% balance transfer fee
Earn reward Points per $1 spent, take advantage of a 0% p.a. for 24 month balance transfer offer, plus complimentary international travel insurance.
American Express Platinum Edge Credit Card
20.74% p.a.
Up to 55 days on purchases
$195 p.a.
0% p.a. for 12 months with 1% balance transfer fee
Receive a yearly $200 Travel Credit and complimentary domestic and international travel insurance, plus 0% p.a. for 12 months on balance transfers.
St.George Amplify Signature - Qantas
19.49% p.a.
Up to 55 days on purchases
$179 p.a. annual fee for the first year ($279 p.a. thereafter)
Enjoy 80,000 bonus Qantas Points when you spend $4,000 within 90 days and 2 complimentary Qantas Club lounge invitations per year.
American Express Velocity Escape Card
20.74% p.a.
Up to 55 days on purchases
$0 p.a.
0% p.a. for 12 months with 1% balance transfer fee
Earn uncapped Velocity Points on purchases, pay $0 annual fee for life and take advantage of a 0% p.a. for 12 months balance transfer offer.
Bank of Melbourne Vertigo Classic
13.74% p.a.
Up to 55 days on purchases
$55 p.a.
0% p.a. for 16 months
Enjoy 0% p.a. interest for up to 16 months on balance transfers with no BT fee. Plus, a competitively low annual fee and purchase rate.
St.George Amplify Platinum
19.49% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Receive 50,000 bonus Amplify Points when you spend $2,000 within 90 days and save with a $0 annual fee for the first year.
NAB Low Rate Credit Card
0% p.a. for 6 months (reverts to 13.99% p.a.)
Up to 55 days on purchases
$59 p.a.
0% p.a. for 6 months with 2% balance transfer fee
Receive an introductory 0% p.a. interest rate for 6 months on purchases, Visa Entertainment offers and a competitive $59 ongoing annual fee.

Compare up to 4 providers

How can I compare no interest credit cards?

Looking at a number of different credit cards with no interest offers will help you find one that suits your individual needs. So, here are the key details that will help you weigh up each card and offer:

  • Length of the promotional offer. If you're applying for a card with 0% on purchases or balance transfers, make sure you check how long you'll enjoy this 0% promotional rate. This will help you determine how much you'll need to repay each month to clear the entire balance before the higher revert rate applies. If you have a large debt, you might want to opt for a card with a longer introductory offer.
  • Revert rate. With promotional interest-free credit card offers, the 0% interest rate will revert to a higher rate at the end of the introductory period. Check what standard interest rate will apply to your balance so you can budget for any interest payments. Remember to compare this rate between cards to help you find one that will work for you.
  • Annual fee. Most credit cards charge an annual fee, so make sure that the interest savings you receive outweigh this cost to get value out of the card.
  • Rewards program. Some of credit cards that offer 0% interest also come with rewards programs that let you earn points for every $1 spent. If you want this type of benefit, look at how many points you're likely to earn (based on your spending) and the options you'll have for redeeming them. This will help you work out if the card is right for you. Also remember that if you're using a card for a 0% balance transfer offer, rewards may be less valuable as you shouldn't be using the card to make regular purchases while you're concentrating on repaying your debt.
  • Complimentary extras. Many credit cards offer complimentary perks such as purchase or travel insurance, concierge services and airport lounge passes. These benefits can add value to your card but make sure you'll actually use them before including extras in your comparison.

What are the pros and cons of no interest credit cards?

Pros

  • Save money. The most obvious perk of a no interest credit card is that you can save on interest costs while the promotion is in place.
  • Pay off credit card debt. Moving your existing credit card debt to a card that offers 0% p.a. on balance transfers gives you a way to save on interest charges during the introductory period, which can also help you pay off the debt faster.
  • Make larger purchases. If your card offers 0% p.a. interest on purchases, this can give you the flexibility to make larger purchases and pay them off with no interest charges during the interest-free period.

Cons

  • Revert rate. At the end of the introductory period, the 0% p.a. interest rate will revert to a higher, standard variable rate.
  • Repaying multiple balances. If your credit card has balances from different types of transactions, you may only get a 0% p.a. interest for one part of your overall account balance. For example, a credit card that offers 0% p.a. on balance transfers will charge no interest on debt you move to the card but could apply interest to new purchases you make with the card.
  • Temptation to spend. For some shoppers, having no interest on purchases may be used as an excuse to overspend.

How to apply for a no interest credit card

You can apply for a 0% p.a. interest credit card online in a few minutes. Remember to check the terms and conditions that are attached to the interest-free offer so that you're sure you can use it. Then, once you've compared cards and chosen one that suits your needs, make sure you meet the eligibility criteria and have all the essential documents and details on hand to speed up the application process.

Eligibility criteria

The eligibility requirements will vary from card to card, but here are some of the conditions you can expect during the application process.

  • Age. You'll need to be 18 years old or older to apply.
  • Residential status. Most Australian credit cards require cardholders to be permanent Australian residents or citizens. You can compare credit cards that accept temporary residents here.
  • Annual income. You may need to meet a minimum income requirement to apply.

Documents and details

You’ll also be required to provide certain information during your application, so make sure to have the following handy:

  • Identity details. To confirm your identity, the bank may ask for you to provide evidence such as your driver’s licence, passport or Medicare card.
  • Employment verification. You be asked to provide evidence of your income, including pay slips, tax documents and your employer’s contact details.
  • Other financial details. This could include any other sources of income, assets such as investments and savings accounts, as well as existing loans or cards that you use. You'll also need to provide a budget for your household expenses to help show the credit card issuer how you manage your money.

From introductory 0% offers to interest-free days, there are many different ways to avoid interest charges on a credit card. Just remember to check how each offer works and make sure you meet the requirements so that you can enjoy an interest-free period on the credit card you choose.

Frequently asked questions

Here you'll find answers to some of the most popular questions about no interest credit cards and offers. You can also get in touch with us by leaving a comment or question below.

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Important Information*
Citi Platinum Credit Card - Exclusive...

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20.99

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49*

*$149 p.a. after first year

Virgin Australia Velocity Flyer Card ...

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20.74

Annual fee

64*

*$129 p.a. after first year

American Express Westpac Altitude Pla...

Interest rate

20.24

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*$249 p.a. after first year

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4 Responses

  1. Default Gravatar
    AdaMay 30, 2017

    Hi I’m just wondering is there a card you can use that has absolutely no interest until 6 months or 1 year. No fees and interest ?
    Thanks

    • Default Gravatar
      JonathanMay 30, 2017

      Hi Ada!

      Thanks for the comment.

      What you are looking for is the 0% Balance Transfer and 0% Purchase Rate Cards. These cards help you get a break from regular interest charges of a balance from an old card plus new purchases made on the new card. Take note this is only for few months depending on your chosen brand/issuer.

      You may go to this link to help you get a selection of these cards. Once chosen, click “Go to Site” green button for application.

      Hope this helps.

      Cheers,
      Jonathan

  2. Default Gravatar
    traceyOctober 22, 2014

    I want to combine my two credit cards what be the best way or option

    • finder Customer Care
      ElizabethOctober 23, 2014Staff

      Hi Tracey,

      Thanks for your question.

      You can consider a balance transfer credit card. These cards allow you to bring over the balance from one or more existing cards to the balance transfer card. You’ll pay a lower rate, usually 0% p.a., for a set amount of time on the balance you bring over. You can compare these cards on this page.

      I hope this has helped.

      Thanks,

      Elizabeth

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