What rate does my balance transfer revert to?
Interest-free balance transfer can be a useful way to clear your debt, but what happens when the promotional offer ends and the revert rate kicks in?
We’re committed to our readers and editorial independence. We don’t compare all products in the market and may receive compensation when we refer you to our partners, but this does not influence our opinions or reviews. Learn more about Finder .
What will my balance transfer rate revert to?
Depending on your card issuer, your promotional balance transfer rate will revert to one of the following: the standard balance transfer rate, the purchase rate or the cash advance rate. You can see which revert rate your card issuer applies to balance transfers in the table below.
|Credit card issuers||Reverts back to||Maximum balance transfer amount||Minimum Balance Transfer Amount|
|ANZ||Standard balance transfer rate||95% of the approved credit limit||$100|
|Bank of Melbourne||Cash advance rate||80% of the available credit limit||$200|
|Bank of Queensland||Cash advance rate||80% of your credit limit||$500|
|BankSA||Cash advance rate||80% of the available credit limit on your new BankSA credit card||$200|
|Bankwest||Standard balance transfer rate||95% of the approved credit limit||$500|
|CBA||Cash advance rate||90% of the approved credit limit||$500|
|Citi||Cash advance rate||You can transfer up to 80% of your approved credit limit||$500|
|Coles||Cash advance rate||80% of your approved credit limit||$500|
|Community First||Standard balance transfer rate||All or part of the outstanding balance and/or limit of your existing credit card||$500|
|CUA||Cash advance rate||80% of your credit limit||$250|
|HSBC||Cash advance rate||90%||$500|
Standard variable interest rate for purchases
|Subject to your available credit limit||$500|
|NAB||Cash advance rate||Maximum balance transfer of 90% of the approved credit limit. For example, if you had a $1,000 credit limit on your new card, you'd be able to transfer a maximum of $900 from another credit card.||$200|
|St.George||Cash advance rate||80% of the approved credit limit||$200|
|Suncorp||Cash advance rate||of your credit limit||$500|
|Virgin||Cash advance rate||80% of the approved credit limit||$500|
|Westpac||Cash advance rate||80% of the approved credit limit||$200|
When will I have to pay the revert rate?
The revert rate applies to your balance transfer debt at the end of the introductory period – which is usually between 6 and 26 months, depending on the balance transfer offer. Any unpaid debt left at the end of this period will accrue interest at the revert rate straight away. The interest charges will then be added to your account at the end of the statement period.
If you still have a lot of debt remaining after the 0% p.a. balance transfer period, the revert rate could quickly add to your card's balance. So always make sure to check what the revert rate is and when it will kick in before applying for a balance transfer credit card. You can find this information within the Product Disclosure Statement relevant to your card. Once you've worked this out, consider how much debt you have, the length of the promotional offer and how much you'll have to pay to consolidate the entire debt before the revert rate applies.
Compare 0% balance transfer credit cards by the revert rate
Back to top
More guides on Finder
Defence Bank Foundation Credit Card
This card gives you a way to support a program that matches rescue dogs with veterans in need and enjoy a low interest rate on all your spending.
Diners Club Business Card
The Diners Club Business Card can be used to earn points per $1 with over 35 million merchants – including Officeworks, Qantas and Woolworths.
Illawarra Credit Union Low Rate credit card
The Illawarra Credit Union Low Rate credit card gives you simple features, mobile payments and a $0 annual fee in the first year.
Credit cards vs buy now pay later
Both buy now pay later plans and credit cards give you ways to pay off purchases over time – here's how they compare.
CommBank Neo card
A new type of credit card to the Australian market, the CommBank Neo doesn’t charge any interest but has a monthly fee instead. Find out more in our comprehensive review.
NAB StraightUp card
Unlike other credit cards, the NAB StraightUp doesn’t charge any interest but has a monthly fee instead. Find out more here.
Credit Union SA Education Community credit card
Available to people working or studying to work in South Australia's education sector, this card includes a low rate, no annual fee and mobile payments.
Goulburn Murray Credit Union Amigo Credit Card
This Visa credit card offers low-cost and simple account features, plus mobile payments through Apple Pay, Google Pay and Samsung Pay.
Geelong Bank Amigo Credit Card
Get an 11.99% p.a. interest rate on purchases, cash advances and balance transfers with this Amigo Visa from Geelong Bank.
AWA Alliance Bank Basic Blue Credit Card
Save on credit cost with a low ongoing 11.99% p.a. interest rate on purchases, plus up to 55 interest-free days.
Ask an Expert
Credit Cards Comparison
* 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.