Do I have to make repayments during the interest-free period?

Yes, you still need to pay at least the minimum amount required by the due date on each statement. This is usually around 2-3% of your account's closing balance, and the exact amount will be listed on your statement. As an example, if you spent $3,000 on a credit card with a 3% minimum repayment amount, you'd need to repay at least $90 by the due date on your statement. Paying more than the minimum amount also helps you avoid ongoing debt and costs. You can use Finder's credit card repayment calculator to help figure out how much to pay each month and what's affordable for you.

What happens if I don't repay my balance on an interest-free credit card?

If you don't pay at least the minimum amount listed on each monthly statement by the due date, some of the issues you could face include: Late payment fees. If you miss a payment or make it after the statement's due date, you could be charged a late payment fee. Typically, it will cost around $10 to $30 on a standard credit card, or more on a charge card. Cancelled promotional interest rates. The interest-free promotion may be cancelled if you don't make your minimum required payments. This penalty varies depending on the card, so make sure you check the terms of your offer. Bad credit. Payment history is included on your credit report, which means late payments (or more extreme default accounts) could lower your credit score. If you're struggling to make a repayment on time, contact your credit card provider as soon as possible so they can discuss repayment options based on your individual circumstances.

What's the difference between 0% interest credit card offers and interest-free days?

A 0% purchase rate offer lasts for an introductory period when you first get the new card. During this time, you won't be charged interest on your credit card purchases as long as you pay the minimum amount listed on each statement. In comparison, a credit card with interest-free days gives you a period of time in each statement period when you can make purchases without being charged interest. Usually, you need to pay the total amount owed on each statement to be eligible for interest-free days.

Do interest-free days apply during a 0% purchase promotion?

For the length of the promotional 0% purchase rate period, standard interest-free days aren't necessary. If your card comes with interest-free days (for example, up to 55 days), you'll be able to take advantage of them when the promotional period ends.

How does the 0% interest period apply to multiple purchases over time with my credit card?

With a 0% purchase rate credit card offer, the promotional 0% interest rate is available for a fixed time period. For example, let's say you get a card offering no interest for 12 months on purchases from when you activate the card. If you make a purchase on the day you get (and activate) your card, you will have 12 months to pay it off before any interest is charged. If you make another purchase after 3 months, you will have 9 months remaining for the 0% interest period, and if you make a purchase 11 months after getting the card, you'll only have 1 month interest-free for that purchase. After that, the 12-month 0% interest offer will end and the standard purchase rate will apply to new purchases.

Can you get a credit card without interest beyond the introductory period?

If you repay the total amount listed on your statement by the due date, you'll typically get an interest-free period for purchases. There is also a small range of credit cards in Australia that charge no interest ever, with a flat monthly fee instead, including: CommBank Neo Wizitcard

Can you get a 0% interest credit card?

Yes, many Australian banks and lenders offer 0% interest credit cards, but they are usually for a set period – such as an introductory offer on purchases for 12 months, or on balance transfers for a year or two. The lender's ultimate goal is for you to keep the card after the 0% interest period and eventually start paying interest so they can turn a profit.

Does a 0% interest credit card impact your credit score?

A 0% card is the same as any other form of credit, so it can impact your credit score if you miss payments or if you carry high balances from month to month, after the promotional period, and you're paying interest. Managing the card responsibly can benefit your credit score. For a deeper look at how credit cards can impact your finances, check out this guide on how credit cards work.

Are interest-free credit cards worth it?

Interest-free credit cards can be a smart choice if you repay your balance within the promotional period, avoiding interest charges. They also give you the opportunity to build your credit rating and demonstrate that you can manage your debts.

Top 9 Interest-Free Credit Cards: October 2026 Offers

8 of 8 results

Finder Score	Purchase rate p.a.	Annual fee	Interest-free period
Finder score Not yet rated NAB Low Rate Business Card	Finder score Not yet rated	0% for 12 months, then 13.99%	Annual fee $0 first year ($60 after)	Interest-free period Up to 55 days on purchases	ABN w/ $75,000 p.a. revenue. 0% p.a. interest for 12 months on purchases and receive complimentary unauthorised transaction insurance.	Go to site View details Compare product selectionCompare	loading
Finder score 9.9 Excellent CommBank Neo Card	Finder score 9.9 Excellent	0%	Annual fee $0	Interest-free period	No late fees and complimentary access to Hopper travel bookings for eligible customers.	View details Compare product selectionCompare	loading
Finder score 9.9 Excellent Wizitcard	Finder score 9.9 Excellent	0%	Annual fee $0	Interest-free period	Charges a fixed monthly fee, which is waived if there’s no card activity and no outstanding balance.	View details Compare product selectionCompare	loading
Finder score 8.2 Great MyCard Rewards - Purchase and Balance Transfer Offer MyCard Rewards	Finder score 8.2 Great	0% for 15 months, then 22.49%	Annual fee $249	Interest-free period Up to 44 days on purchases	Get up to 15% hotel discounts and complimentary mobile phone insurance.	View details Compare product selectionCompare	loading
Finder score 6.3 Standard Credit Union SA Education Community Credit Card	Finder score 6.3 Standard	0% for 6 months, then 11.49%	Annual fee $0	Interest-free period Up to 55 days on purchases	View details Compare product selectionCompare	loading
Finder score 6.3 Standard Credit Union SA Workplace Benefits Credit Card	Finder score 6.3 Standard	0% for 6 months, then 11.49%	Annual fee $0	Interest-free period Up to 55 days on purchases	View details Compare product selectionCompare	loading
Finder score 5.8 Standard Bankwest Zero Platinum Mastercard	Finder score 5.8 Standard	0% for 6 months, then 18.99%	Annual fee $0	Interest-free period Up to 55 days on purchases	View details Compare product selectionCompare	loading
Finder score 5.4 Standard MyCard Simplicity	Finder score 5.4 Standard	0% for 6 months, then 22.49%	Annual fee $49	Interest-free period Up to 44 days on purchases	Get up to 15% off select hotel bookings and access complimentary purchase protection insurance on eligible purchases.	View details Compare product selectionCompare	loading

Showing 8 of 8 results

You can secure 0% interest with either an introductory offer for up to 15 months or ongoing for a monthly fee.
Always check for annual or monthly fees and the revert rate which can exceed 20% after an intro offer.
An interest-free card can save you hundreds on interest like $397 on a $3,000 debt over a year.

Finder's best interest-free credit card offers for September

Here are this month's best 0% interest credit cards, based on their Finder Scores.

The Wizitcard has a Finder Score of 9.9.
The CommBank Neo Card has a Finder Score of 9.9.
The MyCard Rewards - Purchase and Balance Transfer Offer has a Finder Score of 8.2.

Updated September 2026 by Finder's senior money editor, Richard Whitten.

How can you get an interest-free credit card?

There are several ways to get 0% interest on your credit card:

0% interest monthly fee credit cards. You can get a credit card that offers a 0% interest rate permanently, but charges a monthly fee rather than an annual fee. Examples include the Wizitcard and the CommBank Neo. These cards have low credit limits and either charge a monthly fee, or require you to pay off your balance in full each month.
Credit cards with 0% introductory offers. Quite a few credit cards offer 0% interest on purchases as a special introductory offer. This is usually for 6 months, but some cards run for longer. After the intro period you'll be charged interest if you haven't paid off your balance in full each month.
Balance transfer offers. If you have multiple unpaid credit card balances and you're struggling to repay them, you can move the debts onto a new card with a 0% balance transfer offer. This is a special interest-free offer with a limited period, usually around 24 months.

Example: How much you can save with an interest-free card

Say you want to book a holiday for $3,000 and plan to pay $250 off the balance each month.

If you paid for it on a credit card with a 20.99% p.a. interest rate, it would take you just over a year (13.58 months) to pay off the balance and cost you around $397 in interest charges.

In comparison, if you had a credit card that offered 0% p.a. on purchases for 12 months and made the same $250 monthly repayments, you could pay off the holiday in 12 months with no interest charges.

What about credit cards with interest-free days?

Most credit cards offer a number of interest-free days for purchases. Basically, on the first day of your monthly credit card statement period you have up to 44 or even 55 days before interest is charged.

You have to pay the balance off before the interest-free days are up, or you get charged interest.

Pros and cons of interest-free credit cards

Pros

Save on interest costs. The obvious benefit of these cards is that you won't have to pay interest for the introductory period, or at all for monthly fee cards.
Pay off debt faster. By not paying interest on your balance, you'll be able to pay it off a lot faster because the amount won't be creeping up every month.

Cons

Revert rate. Some credit cards revert to a high interest rate after the interest-free offer ends.
Potentially higher fees. IF the card has a permanent 0% interest rate there will be a monthly fee. Over time, this fee will add up.

How can I get the best interest-free credit card?

Use the Finder Score. Use the table above and sort credit cards by Finder Score. We rank interest-free cards based on their features. The higher the score, the better the card.
Look for a card with a long 0% interest offer. Unless you've got some short-term purchases in mind, the longer the introductory period, the better. This gives you more time to make interest-free purchases and pay them back.
Factor in the cost of fees. Check if the card charges a monthly or annual fee (or both). Factor those in when looking at no-interest cards. Some cards also charge a fee if you don't pay your balance at the end of the month.
Keep an eye on the revert rate (if there is one). Cards with 0% interest rate offers revert to a higher rate once the intro period finishes. This can be above 20% in some cases. If you pay off your spending on time, you won't pay interest. But it's worth keeping an eye on.
Look at all the card's perks, features and benefits. Some credit cards, even 0% ones, can sometimes let you earn frequent flyer points or other rewards.

Our expert says: How to avoid interest on any credit card

"I've never paid a cent in credit card interest. And it's not because I have a 0% interest card. My credit card has a very high interest rate. But I pay it off on time each month and I never miss a payment. If you do this, any card is interest-free. Of course, if you can't pay off a card right away, a 0% card can really save you money. Just make a plan to pay it off. Don't forget and let the debt build up."

Richard Whitten

Senior Money Editor

How do I find the right interest-free card for me?

I'm looking to make a big purchase and pay it off later. A card with a 0% introductory offer could give you 6 months or more before you have to pay the card off.
I want to cover a small amount of monthly spending and I want to pay off my spending in full each month. You could consider a card like the CommBank Neo. Just keep an eye on any fees, and remember these cards have quite low credit limits (around $1,000).
I have a large credit card debt and the monthly interest charges are killing me. You might want to look at a balance transfer credit card.

Frequently asked questions

Yes, you still need to pay at least the minimum amount required by the due date on each statement. This is usually around 2-3% of your account's closing balance, and the exact amount will be listed on your statement.
As an example, if you spent $3,000 on a credit card with a 3% minimum repayment amount, you'd need to repay at least $90 by the due date on your statement. Paying more than the minimum amount also helps you avoid ongoing debt and costs. You can use Finder's credit card repayment calculator to help figure out how much to pay each month and what's affordable for you.
If you don't pay at least the minimum amount listed on each monthly statement by the due date, some of the issues you could face include:
- Late payment fees. If you miss a payment or make it after the statement's due date, you could be charged a late payment fee. Typically, it will cost around $10 to $30 on a standard credit card, or more on a charge card.
- Cancelled promotional interest rates. The interest-free promotion may be cancelled if you don't make your minimum required payments. This penalty varies depending on the card, so make sure you check the terms of your offer.
- Bad credit. Payment history is included on your credit report, which means late payments (or more extreme default accounts) could lower your credit score.
If you're struggling to make a repayment on time, contact your credit card provider as soon as possible so they can discuss repayment options based on your individual circumstances.
A 0% purchase rate offer lasts for an introductory period when you first get the new card. During this time, you won't be charged interest on your credit card purchases as long as you pay the minimum amount listed on each statement.
In comparison, a credit card with interest-free days gives you a period of time in each statement period when you can make purchases without being charged interest. Usually, you need to pay the total amount owed on each statement to be eligible for interest-free days.
With a 0% purchase rate credit card offer, the promotional 0% interest rate is available for a fixed time period. For example, let's say you get a card offering no interest for 12 months on purchases from when you activate the card.
If you make a purchase on the day you get (and activate) your card, you will have 12 months to pay it off before any interest is charged. If you make another purchase after 3 months, you will have 9 months remaining for the 0% interest period, and if you make a purchase 11 months after getting the card, you'll only have 1 month interest-free for that purchase. After that, the 12-month 0% interest offer will end and the standard purchase rate will apply to new purchases.
If you repay the total amount listed on your statement by the due date, you'll typically get an interest-free period for purchases.
There is also a small range of credit cards in Australia that charge no interest ever, with a flat monthly fee instead, including:
- CommBank Neo
- Wizitcard
Yes, many Australian banks and lenders offer 0% interest credit cards, but they are usually for a set period – such as an introductory offer on purchases for 12 months, or on balance transfers for a year or two. The lender's ultimate goal is for you to keep the card after the 0% interest period and eventually start paying interest so they can turn a profit.
A 0% card is the same as any other form of credit, so it can impact your credit score if you miss payments or if you carry high balances from month to month, after the promotional period, and you're paying interest. Managing the card responsibly can benefit your credit score. For a deeper look at how credit cards can impact your finances, check out this guide on how credit cards work.

How Finder Score works for interest-free cards

Every month we carefully analyse over 250 credit card products and assess the features and benefits of each card. We assign a Finder Score out of 10 for each feature, and adjust the scores depending on the category.

To be included for the interest-free score, credit cards must:

Be available to general consumers
Have 0% interest rate (ongoing or offers) on new purchases

Credit card scores are category-specific (e.g. cashback, frequent flyer), meaning the same card will receive a different score within each category.

The score process is run by our insights and editorial team, independent of any commercial partnerships. Remember that Finder Score is just one factor to consider. Look at other aspects like fees, features, benefits and risks to make sure a product is suitable for you.

Feature	Definition	Assessment	Weight
Interest-Free Days	Number of days for no interest or fees on new purchases	Longer periods earn more points, up to market maximum. 0% purchase rate cards are assigned a default 30 days	10%
Purchase Rate Offer Period	Number of months for interest-free purchase rate	Higher the number of months, better the score	50%
First-Year Fee	Annual fee charged in the first year of ownership	Lower fees score higher. $0 fee receives the maximum points	10%
Ongoing Annual Fee	Annual fee charged from the second year onwards	Lower fees score higher. $0 fee receives the maximum points	10%
Purchase Rate	Interest rate on new purchases	Lower rates score higher	20%

Sources

Thank you for your feedback!

To make sure you get accurate and helpful information, this guide has been edited by Richard Whitten as part of our fact-checking process.

Written by

Sarah Megginson

Money expert + media spokesperson

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Sarah is the author of How to Raise Rich Kids. With over 20 years of experience in property, finance and investment journalism, she is a trusted expert whose insights regularly appear across television, radio and print media, including Sunrise, Channel 7 News, Bloomberg and Yahoo! Finance. She has previously served as managing editor for Your Investment Property and Australian Broker. Her expert advice has been shared in the media over 4,000 times. Sarah holds a Bachelor’s degree in Communications and a Tier 1 Generic Knowledge certification, which complies with ASIC standards. See full bio

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18 Responses

NoelleSeptember 2, 2026

Bestcreditcardforemergency

TheSeptember 3, 2026

Hi Noelle,

The best card for an emergency depends on whether you want a low interest rate or no annual fee. A card with no annual fee costs nothing to keep for “just in case” moments, while a low rate card is useful if you need more than the standard interest-free period to pay the balance back.

You could also look for cards with 0% purchase offers to give you a window of time to pay off an unexpected expense without interest. Our low interest credit cards guide will help you compare different options.

Hope this helps!

FaisalMay 20, 2023

i need a credit card for all ages

Finder

AmyMay 23, 2023Finder

Hi Faisal,
Credit cards can only be issued to people aged 18 and older if they meet the eligibility requirements. Some credit cards also allow people under 18 to be added as a secondary cardholder, but usually they need to be 16 or over. If you want a card for someone of a different age, you could consider debit cards for children or other prepaid cards that sometimes have lower age requirements. I hope that helps.

HayleyNovember 20, 2016

Hi,

I am needing an amount of $6800 and will be able to pay it back over a year. I will not be using the card for anything else but this one off overseas payment. What would be the best thing for me to do?

AnndyNovember 21, 2016

Hi Hayley,

Thanks for reaching out.

If you are looking for a credit card for overseas payment, you may want to consider reading our overseas transaction fees guide and find credit cards that may not charge foreign currency conversion fees.

You may also want to consider cards with 0% purchase interest rate. These cards allow you to save on interest payments during the promotional period in case you don’t intend to pay your balance in full at the end of the billing period.

Cheers,
Anndy

davidFebruary 15, 2016

if i pay out the balance in the interest free period can i then cancel the card with no fees.

Finder

JonathanFebruary 15, 2016Finder

Hi David, thanks for your inquiry!

Yes this is generally accepted across balance transfer credit cards. Once you have repaid your outstanding balance you can cancel the credit card anytime.

Cheers,

Jonathan

sharonSeptember 8, 2015

Good morning, I read with interest the balance transfer credit cards with no interest for a period of time. I, like many people have that problem of having not paid my CC on the due date and now have a big balance. I currently have an ANZ Platinum CC, can I apply for a balance transfer with no interest?

Thank you

Finder

JonathanSeptember 8, 2015Finder

Hi Sharon,

Thanks for your inquiry.

Balance transfers can be a great way to repay an outstanding credit balance interest-free. You may like to compare balance transfer offers and cards.Select ‘Go to Site’ to head over to their website to apply. Please ensure to read through the relevant product disclosure statement and terms and conditions to ensure that you got everything covered before you apply to the card.

Cheers,
Jonathan

Interest-free credit cards: best offers

You can get an ongoing interest-free credit card with a small monthly fee. Some cards offer 0% for up to 15 months and others charge no annual fee

Key takeaways

Finder's best interest-free credit card offers for September

How can you get an interest-free credit card?

Example: How much you can save with an interest-free card

What about credit cards with interest-free days?

Pros and cons of interest-free credit cards

Pros

Cons

How can I get the best interest-free credit card?