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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.

NAB Credit Card Offer

NAB Low Rate Platinum Card

0% p.a. for 9 months
on purchases

Eligibility criteria, terms and conditions, fees and charges apply

NAB Credit Card Offer

With a new NAB Low Rate Platinum Card, get 0% interest for the first 9 months on purchases. Plus, a range of platinum benefits.

  • 0% p.a. interest on purchases for 9 months from account opening. Reverts to the standard purchase rate (currently 13.99% p.a.)
  • Receive seven complimentary insurance covers when you make an eligible purchase. Plus, access to the 24/7 NAB Concierge Service.
  • Up to 55 days interest-free on purchases when you pay your balance in full by the statement due date.
  • 0% p.a. interest on balance transfers for 6 months with a one-time 2% BT fee. Reverts to the cash advance rate thereafter.
  • NAB may vary or end this offer at any time.
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Compare 0% balance transfer and purchase credit cards

Rates last updated June 21st, 2018
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
NAB Low Rate Platinum Card
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.
Enjoy a 0% p.a. interest rate offer on purchases for 9 months and the protection of 7 complimentary insurances including overseas travel insurance.
Virgin Australia Velocity Flyer Card - 0% Interest Offer
0% p.a. for 14 months (reverts to 20.74% p.a.)
0% p.a. for 6 months
$129 p.a.
Earn Velocity Rewards and access an interest-free offer on purchases and balance transfers.
NAB Low Rate Credit Card
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.
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

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 June 21st, 2018
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
Virgin Australia Velocity Flyer Card - 0% Interest Offer
0% p.a. for 14 months (reverts to 20.74% p.a.)
0% p.a. for 6 months
$129 p.a.
Buy now and pay later with 0% p.a. interest on purchases for 14 months. Plus, 0% p.a. on balance transfers for up to 6 months.
NAB Low Rate Platinum Card
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.
Enjoy a 0% p.a. interest rate offer on purchases for 9 months and the protection of 7 complimentary insurances including overseas travel insurance.
NAB Low Rate Credit Card
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.
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

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 June 21st, 2018
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
Westpac Low Rate Card
13.49% p.a.
0% p.a. for 24 months with 1% balance transfer fee
$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.
HSBC Platinum Credit Card
19.99% p.a.
0% p.a. for 22 months with 2% balance transfer fee
$0 p.a. annual fee for the first year ($129 p.a. thereafter)
Offers a 0% p.a. for 22 months balance transfer, $0 annual fee for the first year and an annual fee refund each year when you spend $6,000.
St.George Vertigo Platinum - Online Offer
12.74% p.a.
0% p.a. for 24 months with 1% balance transfer fee
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Platinum card benefits including complimentary insurance, plus first year annual fee waiver and 0% p.a. for 24 months on balance transfers.
NAB Low Fee Platinum Card
19.74% p.a.
0% p.a. for 24 months with 2% balance transfer fee
$90 p.a.
Offers 7 complimentary insurance covers, a 0% p.a. for 24 month balance transfer and access to a 24/7 concierge service for a $90 p.a. annual fee.
Suncorp Clear Options Platinum Credit Card - Exclusive Offer
20.74% p.a.
0% p.a. for 18 months
$99 p.a. annual fee for the first year ($129 p.a. thereafter)
finder Exclusive: Receive a long 18-month, 0% p.a., no fee balance transfer and earn Suncorp Rewards Points or Qantas Points per $1 spent.
Virgin Australia Velocity Flyer Card - Bonus Points Offer
20.74% p.a.
0% p.a. for 18 months
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Earn up to 60,000 bonus Velocity Points in the first 3 months and enjoy a discounted annual fee of $64 for the first year.
HSBC Low Rate Credit Card
13.25% p.a.
0% p.a. for 20 months with 2% balance transfer fee
$79 p.a.
Receive up to 20 months interest-free on balance transfers with a 2% BT fee. Also enjoy exclusive offers with the home&Away Privilege Program.
Virgin Money Low Rate Credit Card
11.99% p.a.
0% p.a. for 14 months
$49 p.a.
Offers a discounted annual fee, $100 cashback when you meet the spend requirement and 0% p.a. for 14 months on balance transfers.
Citi Simplicity Card
19.99% p.a.
0% p.a. for 15 months with 1.5% balance transfer fee
$0 p.a.
Save with 5% cashback on eligible purchases (capped at $50 per month) for the first 90 days from approval. Plus, a 15 month balance transfer offer.
Qantas Premier Platinum
19.99% p.a.
0% p.a. for 15 months
$299 p.a.
Get 40,000 bonus Qantas points each month (up to 80,000 pts) for the first 2 months when you spend at least $3,500. Plus, a long-term BT offer.

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 June 21st, 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
$0 p.a. annual fee for the first year ($129 p.a. thereafter)
0% p.a. for 22 months with 2% balance transfer fee
Offers a 0% p.a. for 22 months balance transfer, $0 annual fee for the first year and an annual fee refund each year when you spend $6,000.
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.
St.George Vertigo Platinum - Online Offer
12.74% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
0% p.a. for 24 months with 1% balance transfer fee
Platinum card benefits including complimentary insurance, plus first year annual fee waiver and 0% p.a. for 24 months on balance transfers.
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.
Citi Rewards Platinum Credit Card
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 26 months with 2.5% balance transfer fee
Earn reward Points per $1 spent, take advantage of a 0% p.a. for 26 month balance transfer offer, plus complimentary international travel insurance.
St.George Vertigo Visa
13.74% p.a.
Up to 55 days on purchases
$55 p.a.
0% p.a. for 18 months with 1% balance transfer fee
Enjoy a 0% p.a. for 18 months balance transfer offer. Plus, up to 55 days interest-free 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 40,000 bonus Qantas points each month (up to 80,000 pts) for the first 2 months when you spend at least $3,500. Plus, a long-term BT offer.
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
$279 p.a.
Receive 90,000 bonus Qantas Points when you spend $4,000 within 90 days and receive two 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.
St.George Amplify Platinum
19.49% p.a.
Up to 55 days on purchases
$99 p.a.
Receive 50,000 bonus Amplify or Qantas Points when you spend $2,000 within 90 days and earn 0.5 Qantas Points or 1 Amplify Point per $1 spent.
Bank of Melbourne Vertigo Visa Credit Card
13.74% p.a.
Up to 55 days on purchases
$55 p.a.
0% p.a. for 18 months with 1% balance transfer fee
Enjoy a 0% p.a. for 18 months balance transfer offer. Plus, up to 55 days interest-free on purchases.
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.
Citi Simplicity Card
19.99% p.a.
Up to 55 days on purchases
$0 p.a.
0% p.a. for 15 months with 1.5% balance transfer fee
Save with 5% cashback on eligible purchases (capped at $50 per month) for the first 90 days from approval. Plus, a 15 month balance transfer offer.
Westpac 55 Day Platinum Credit Card
19.84% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($90 p.a. thereafter)
0% p.a. for 20 months with 2% balance transfer fee
Receive a 20 month balance transfer offer, up to 55 days interest-free on purchases, a platinum concierge service and a $0 first year 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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    Credit Card Offers

    Important Information*
    Westpac Low Rate Card
    Westpac Low Rate Card

    Interest rate

    13.49

    Annual fee

    59
    HSBC Platinum Credit Card
    HSBC Platinum Credit Card

    Interest rate

    19.99

    Annual fee

    129
    St.George Vertigo Platinum - Online Offer
    St.George Vertigo Platinum - Online Offer

    Interest rate

    12.74

    Annual fee

    99

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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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