No Interest Credit Cards

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

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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. But after the introductory period ends, a higher, standard interest rate will apply to any debt that's left on the card. 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.

Bendigo Bank Credit Card Offer

Bendigo Bank Low Rate Mastercard

0% p.a. for 15 months on purchases
Get a $150 Woolworths gift card

Offer ends 02 August 2020

Eligibility criteria, terms and conditions, fees and charges apply

Bendigo Bank Credit Card Offer

Save with an interest-free introductory offer on purchases. Plus, a $150 Woolworths gift card when you meet the spend requirements and an ongoing balance transfer rate.

  • 0% p.a. interest rate on purchases for the first 15 months, reverts to 11.99% p.a.
  • $150 Woolworths gift card when you spend $3,000 in the first 90 days
  • Balance transfer rate of 11.99% p.a. | Cash advance rate of 13.99% p.a.
  • Annual fee of $45 for primary cardholders and $0 for additional cardholders
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What types of no interest credit cards are available?

There are different types of 0% interest credit card offers to suit different needs. So, 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.

Not sure what type of 0% interest credit card you're looking for? Let's take a closer look at the different options.

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, your Christmas shopping 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 15 months. After that, the 0% interest rate will revert to a higher interest rate that applies to any unpaid purchase balance on the card, as well as any new purchases.

Compare credit cards with 0% interest rates on purchases

Data indicated here is updated regularly
$
Name Product Purchase rate (p.a.) Balance transfer rate Annual fee Interest Free Period Amount saved
Bendigo Bank Low Rate Mastercard
0% for 15 months, reverts to 11.99% p.a.
11.99% p.a.
$45 p.a.
Up to 55 days on purchases
Enjoy a 0% p.a. interest rate on purchases for the first 15 months and a $150 Woolworths gift card when you spend $3,000 in the first 90 days.
Virgin No Annual Fee Credit Card - Purchase Offer
0% for 9 months, reverts to 18.99% p.a.
0% p.a. for 9 months
$0 p.a.
Up to 55 days on purchases
Offers an introductory 0% p.a. for 9 months on purchases and balance transfers (with no BT fee) for an ongoing $0 annual fee.
Bankwest Breeze Classic Mastercard
0% for 15 months, reverts to 12.99% p.a.
2.99% p.a. for 9 months
$79 p.a.
Up to 55 days on purchases
Save with an introductory rate of 0% p.a on purchases for 15 months and 2.99% p.a. on balance transfers for 9 months.
St.George Vertigo Classic
0% for 7 months, reverts to 13.99% p.a.
0% p.a. for 22 months with 1.5% balance transfer fee
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
Up to 55 days on purchases
Get 0% p.a. promotional purchase and balance transfer rates and save with a first-year annual fee waiver.
Bankwest Breeze Platinum Mastercard
0% for 15 months, reverts to 12.99% p.a.
2.99% p.a. for 9 months
$99 p.a.
Up to 55 days on purchases
Get 0% interest on purchases for 15 months, complimentary travel insurance and no foreign transaction fees.
St.George Vertigo Platinum
0% for 15 months, reverts to 12.99% p.a.
6.99% p.a. for 12 months
$49 p.a. annual fee for the first year ($99 p.a. thereafter)
Up to 55 days on purchases
Features an introductory 0% p.a. purchase rate, $49 first year annual fee and complimentary travel insurance covers.
St.George Rainbow Vertigo Platinum
0% for 15 months, reverts to 12.99% p.a.
6.99% p.a. for 12 months
$49 p.a. annual fee for the first year ($99 p.a. thereafter)
Up to 55 days on purchases
All the platinum features of the Vertigo Platinum Visa with a rainbow design in support of the LGBT community.
St.George Amplify Platinum
0% for 7 months, reverts to 19.74% p.a.
0% p.a. for 22 months with 1.5% balance transfer fee
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Up to 55 days on purchases
Save with 0% p.a. interest rates on purchases and balance transfers. Plus a $0 first-year annual fee.
St.George Vertigo Classic Rainbow
0% for 7 months, reverts to 13.99% p.a.
0% p.a. for 22 months with 1.5% balance transfer fee
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
Up to 55 days on purchases
All the great low cost features of the Vertigo Visa with a rainbow design in support of the LGBT community.
Skye Mastercard
23.99% p.a.
$49 p.a. annual fee for the first year ($99 p.a. thereafter)
Up to 110 days on purchases
Get up to $300 cashback, 110 days interest-free on everyday purchases, 0% foreign transaction fees and flexible instalment plan options.
Bank of Melbourne Amplify Platinum
0% for 7 months, reverts to 19.74% p.a.
0% p.a. for 22 months with 1.5% balance transfer fee
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Up to 55 days on purchases
Enjoy 0% p.a. on purchases and balance transfers along with a $0 first year annual fee waiver.
BankSA Vertigo
0% for 7 months, reverts to 13.99% p.a.
0% p.a. for 22 months with 1.5% balance transfer fee
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
Up to 55 days on purchases
Enjoy a 0% p.a. interest rate for up to 22 months on balance transfers and up to 7 months on purchases. Plus, $0 first-year annual fee.
BankSA Amplify Platinum
0% for 7 months, reverts to 19.74% p.a.
0% p.a. for 22 months with 1.5% balance transfer fee
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Up to 55 days on purchases
Save with a 0% p.a. interest rate for up to 22 months on balance transfers and up to 7 months on purchases. Plus a $0 first-year annual fee.
Bank of Melbourne Vertigo Classic
0% for 7 months, reverts to 13.99% p.a.
0% p.a. for 22 months with 1.5% balance transfer fee
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
Up to 55 days on purchases
Save with 0% p.a. for 7 months on purchases, 0% p.a. interest for 22 months on balance transfers and a $0 annual fee for the first year.
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0% balance transfer cards

A 0% balance transfer credit card can help you save money on existing debt by charging no interest during the introductory period. The length of the 0% offer is usually between 6 to 24 months and the rate applies to existing debt that you transfer to the new card. 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

Data indicated here is updated regularly
$
% p.a.
Name Product Balance transfer rate Purchase rate (p.a.) Annual fee Amount saved
HSBC Platinum Credit Card - Balance Transfer Offer
0% p.a. for 22 months
19.99% p.a.
$129 p.a.
Save with a 22-month balance transfer offer. Plus, lounge passes, travel insurance and an annual fee refund when you spend an eligible $6k/year.
ANZ Low Rate - Exclusive Offer
0% p.a. for 25 months with 1.5% balance transfer fee
12.49% p.a.
$0 p.a. annual fee for the first year ($58 p.a. thereafter)
Finder Exclusive
Save with 0% p.a on balance transfers for 25 months (with a 1.5% BT fee) and $0 first year annual fee.
Coles No Annual Fee Mastercard
0% p.a. for 18 months with 1.5% balance transfer fee
19.99% p.a.
$0 p.a.
Earn flybuys points for your spending and save with an ongoing $0 annual fee and 0% p.a. on balance transfers for 18 months.
Virgin Money No Annual Fee Credit Card
0% p.a. for 12 months
18.99% p.a.
$0 p.a.
Offers 0% p.a. for 12 months on balance transfers and up to 55 days interest-free on purchases, all for a $0 annual fee.
St.George Vertigo Classic
0% p.a. for 22 months with 1.5% balance transfer fee
0% for 7 months, reverts to 13.99% p.a.
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
Get 0% p.a. promotional purchase and balance transfer rates and save with a first-year annual fee waiver.
Westpac Low Rate Card
Finder Award
Westpac Low Rate Card
0% p.a. for 20 months with 1% balance transfer fee
13.74% p.a.
$59 p.a.
A low rate card offering 0% p.a. interest on balance transfers for the first 20 months and a $200 cashback offer.
ANZ Low Rate
0% p.a. for 22 months with 1.5% balance transfer fee
12.49% p.a.
$0 p.a. annual fee for the first year ($58 p.a. thereafter)
Save with 0% p.a on balance transfers for 22 months (with a 1.5% BT fee) and $0 first year annual fee. Plus a 12.49% p.a. purchase interest rate.
Virgin No Annual Fee Credit Card - Purchase Offer
0% p.a. for 9 months
0% for 9 months, reverts to 18.99% p.a.
$0 p.a.
Offers an introductory 0% p.a. for 9 months on purchases and balance transfers (with no BT fee) for an ongoing $0 annual fee.
Qantas Premier Platinum
0% p.a. for 18 months
19.99% p.a.
$199 p.a. annual fee for the first year ($299 p.a. thereafter)
Get up to 80,000 bonus Qantas Points, 75 bonus Status Credits, a discounted first-year annual fee and a 0% p.a. balance transfer rate for 18 months.
Qantas Premier Everyday
0% p.a. for 12 months
19.99% p.a.
$49 p.a.
Get up to 25,000 bonus Qantas points, a 0% balance transfer offer and complimentary insurance covers.
Bank of Melbourne Vertigo Classic
0% p.a. for 22 months with 1.5% balance transfer fee
0% for 7 months, reverts to 13.99% p.a.
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
Save with 0% p.a. for 7 months on purchases, 0% p.a. interest for 22 months on balance transfers and a $0 annual fee for the first year.
BankSA Vertigo
0% p.a. for 22 months with 1.5% balance transfer fee
0% for 7 months, reverts to 13.99% p.a.
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
Enjoy a 0% p.a. interest rate for up to 22 months on balance transfers and up to 7 months on purchases. Plus, $0 first-year annual fee.
St.George Amplify Platinum - Qantas
0% p.a. for 6 months
19.74% p.a.
$99 p.a.
Earn 60,000 bonus Qantas Points, plus enjoy 0% p.a. on balance transfers for 6 months and complimentary insurance covers.
Coles Rewards Mastercard
0% p.a. for 18 months with 1.5% balance transfer fee
19.99% p.a.
$99 p.a.
Earn 2 flybuys points / $1 spent and save with a 0% balance transfer offer. Plus, 0% international transaction fees on purchases.
St.George Vertigo Classic Rainbow
0% p.a. for 22 months with 1.5% balance transfer fee
0% for 7 months, reverts to 13.99% p.a.
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
All the great low cost features of the Vertigo Visa with a rainbow design in support of the LGBT community.
Coles Low Rate Mastercard
0% p.a. for 6 months
12.99% p.a.
$58 p.a.
Save with a low purchase interest rate, earn flybuys points as you spend and get up to 55 days interest-free.
St.George Amplify Platinum
0% p.a. for 22 months with 1.5% balance transfer fee
0% for 7 months, reverts to 19.74% p.a.
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Save with 0% p.a. interest rates on purchases and balance transfers. Plus a $0 first-year annual fee.
Westpac Altitude Platinum Qantas
6.99% p.a. for 12 months
20.49% p.a.
$200 p.a.
Get 60,000 bonus Qantas Points when you spend $3,000 within 90 days.
Citi Rewards Card
0% p.a. for 26 months with 1.5% balance transfer fee
21.49% p.a.
$0 p.a. annual fee for the first year ($199 p.a. thereafter)
Save with 0% interest on balance transfers for the first 26 months (with a 1.5% BT fee) and a $0 annual fee for the first year.
Westpac Altitude Platinum Card
6.99% p.a. for 12 months
20.49% p.a.
$150 p.a.
Earn 80,000 bonus Altitude Points when you spend $3,000 within 90 days. Plus, complimentary travel insurance covers.
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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

Data indicated here is updated regularly
Name Product Purchase rate (p.a.) Interest Free Period Annual fee Balance transfer rate Balance transfer rate
HSBC Platinum Credit Card - Balance Transfer Offer
19.99% p.a.
Up to 55 days on purchases
$129 p.a.
0% p.a. for 22 months
0% p.a. for 22 months
Save with a 22-month balance transfer offer. Plus, lounge passes, travel insurance and an annual fee refund when you spend an eligible $6k/year.
St.George Vertigo Classic
0% for 7 months, reverts to 13.99% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
0% p.a. for 22 months with 1.5% balance transfer fee
0% p.a. for 22 months with 1.5% balance transfer fee
Get 0% p.a. promotional purchase and balance transfer rates and save with a first-year annual fee waiver.
Qantas Premier Platinum
19.99% p.a.
Up to 55 days on purchases
$199 p.a. annual fee for the first year ($299 p.a. thereafter)
0% p.a. for 18 months
0% p.a. for 18 months
Get up to 80,000 bonus Qantas Points, 75 bonus Status Credits, a discounted first-year annual fee and a 0% p.a. balance transfer rate for 18 months.
ANZ Low Rate - Exclusive Offer
12.49% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($58 p.a. thereafter)
0% p.a. for 25 months with 1.5% balance transfer fee
0% p.a. for 25 months with 1.5% balance transfer fee
Finder Exclusive
Save with 0% p.a on balance transfers for 25 months (with a 1.5% BT fee) and $0 first year annual fee.
Bankwest Breeze Classic Mastercard
0% for 15 months, reverts to 12.99% p.a.
Up to 55 days on purchases
$79 p.a.
2.99% p.a. for 9 months
2.99% p.a. for 9 months
Save with an introductory rate of 0% p.a on purchases for 15 months and 2.99% p.a. on balance transfers for 9 months.
Virgin No Annual Fee Credit Card - Purchase Offer
0% for 9 months, reverts to 18.99% p.a.
Up to 55 days on purchases
$0 p.a.
0% p.a. for 9 months
0% p.a. for 9 months
Offers an introductory 0% p.a. for 9 months on purchases and balance transfers (with no BT fee) for an ongoing $0 annual fee.
Citi Rewards Card
21.49% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($199 p.a. thereafter)
0% p.a. for 26 months with 1.5% balance transfer fee
0% p.a. for 26 months with 1.5% balance transfer fee
Save with 0% interest on balance transfers for the first 26 months (with a 1.5% BT fee) and a $0 annual fee for the first year.
Bendigo Bank Low Rate Mastercard
0% for 15 months, reverts to 11.99% p.a.
Up to 55 days on purchases
$45 p.a.
11.99% p.a.
11.99% p.a.
Enjoy a 0% p.a. interest rate on purchases for the first 15 months and a $150 Woolworths gift card when you spend $3,000 in the first 90 days.
St.George Vertigo Platinum
0% for 15 months, reverts to 12.99% p.a.
Up to 55 days on purchases
$49 p.a. annual fee for the first year ($99 p.a. thereafter)
6.99% p.a. for 12 months
6.99% p.a. for 12 months
Features an introductory 0% p.a. purchase rate, $49 first year annual fee and complimentary travel insurance covers.
Westpac Low Rate Card
Finder Award
Westpac Low Rate Card
13.74% p.a.
Up to 55 days on purchases
$59 p.a.
0% p.a. for 20 months with 1% balance transfer fee
0% p.a. for 20 months with 1% balance transfer fee
A low rate card offering 0% p.a. interest on balance transfers for the first 20 months and a $200 cashback offer.
ANZ Low Rate
12.49% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($58 p.a. thereafter)
0% p.a. for 22 months with 1.5% balance transfer fee
0% p.a. for 22 months with 1.5% balance transfer fee
Save with 0% p.a on balance transfers for 22 months (with a 1.5% BT fee) and $0 first year annual fee. Plus a 12.49% p.a. purchase interest rate.
Bank of Melbourne Vertigo Classic
0% for 7 months, reverts to 13.99% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
0% p.a. for 22 months with 1.5% balance transfer fee
0% p.a. for 22 months with 1.5% balance transfer fee
Save with 0% p.a. for 7 months on purchases, 0% p.a. interest for 22 months on balance transfers and a $0 annual fee for the first year.
St.George Amplify Platinum
0% for 7 months, reverts to 19.74% 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 22 months with 1.5% balance transfer fee
0% p.a. for 22 months with 1.5% balance transfer fee
Save with 0% p.a. interest rates on purchases and balance transfers. Plus a $0 first-year annual fee.
Bank of Melbourne Amplify Signature
19.74% p.a.
Up to 55 days on purchases
$139 p.a. annual fee for the first year ($279 p.a. thereafter)
0% p.a. for 6 months
0% p.a. for 6 months
Up to 200,000 bonus Amplify Points (130k in the first year & 70k in the second year) when you spend $12k/year for the first 2 years.
BankSA Vertigo
0% for 7 months, reverts to 13.99% p.a.
Up to 55 days on purchases
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
0% p.a. for 22 months with 1.5% balance transfer fee
0% p.a. for 22 months with 1.5% balance transfer fee
Enjoy a 0% p.a. interest rate for up to 22 months on balance transfers and up to 7 months on purchases. Plus, $0 first-year annual fee.
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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 to help you weigh up each card and offer:

  • Length of the introductory offer. If you're applying for a card with 0% on purchases or balance transfers, make sure you check how long the 0% promotional rate lasts. This will help you work out how much you need to repay each month to clear the card's 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 prepare 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 the credit cards that offer 0% interest also come with rewards programs that let you earn points for every $1 spent. If you want to earn rewards, look at how many points you're likely to earn (based on your spending) and how you could redeem them. This will help you work out if the card is right for you. But if you're using a card for a 0% balance transfer offer, be aware that rewards should not be a priority when you're focused on repaying your debt.
  • Complimentary extras. Many credit cards offer complimentary perks such as travel insurance, purchase 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 during the interest-free period.
  • 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.
  • Save on interest for 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 rate 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 charge interest on 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 the interest-free offer terms and conditions 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 vary from card to card, but here are some of the conditions you can expect during the application process.

  • Age. You 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.

Required documents

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 Cards Comparison

Data indicated here is updated regularly
Name Product Purchase rate (p.a.) Balance transfer rate Annual fee
HSBC Platinum Credit Card - Balance Transfer Offer
19.99% p.a.
0% p.a. for 22 months
$129 p.a.
Save with a 22-month balance transfer offer. Plus, lounge passes, travel insurance and an annual fee refund when you spend an eligible $6k/year.
ANZ Low Rate - Exclusive Offer
12.49% p.a.
0% p.a. for 25 months with 1.5% balance transfer fee
$0 p.a. annual fee for the first year ($58 p.a. thereafter)
Finder Exclusive
Save with 0% p.a on balance transfers for 25 months (with a 1.5% BT fee) and $0 first year annual fee.
Bankwest Breeze Classic Mastercard
0% for 15 months, reverts to 12.99% p.a.
2.99% p.a. for 9 months
$79 p.a.
Save with an introductory rate of 0% p.a on purchases for 15 months and 2.99% p.a. on balance transfers for 9 months.
ANZ Frequent Flyer Black
20.24% p.a.
20.24% p.a.
$425 p.a.
Earn 100,000 bonus Qantas Points, 75 bonus Status Credits and $150 back when you spend $3,000 in the first 3 months with this premium card.
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* 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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