$0 Annual Fee and 0% Balance Transfer Credit Cards

The offers on this page are designed to give you the pleasure of never having to pay a cent in interest or another annual fee again on your credit card. A balance transfer can give you breathing space to repay your debt in the special interest rate period.

American Express Essential Credit Card

The American Express Essential Credit Card

Pay $0 annual fee for life with The American Express Essential Credit Card which offers a low interest rate of 0% p.a. for 12 months on balance transfers and up to 55 interest free days on purchases.

  • $0 p.a. annual fee
  • 14.99% p.a. on purchases
  • 0% p.a. for 12 months on balance transfers
  • Up to 55 days interest free
  • Minimum Income Requirement of $40,000 p.a.

Compare these cards with a comparison of balance transfer credit cards.

Balance Transfer Credit Cards with $0 Annual Fee Comparison

Rates last updated February 8th, 2016
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Balance transfer rate (p.a.) Purchase rate (p.a.) Annual fee Interest Saved
American Express Essential Credit Card
Receive 0% p.a. for 12 months on balance transfers and $50 credit spend $500 within two months. Plus enjoy no annual fee for life.
0% p.a. for 12 months 14.99% p.a. $0 p.a. Go to site More info
Citi Simplicity Card
Enjoy 5% cashback (up to $500) on your payWave purchases under $100 made for the first four months, a low balance transfer offer and no annual fee, plus enjoy free bottles of wine from Citibank Dining Program. Offer ends on 31 March 2016.
0% p.a. for 6 months 19.99% p.a. $0 p.a. Go to site More info
HSBC Platinum Credit Card
Receive $0 annual fee every year if you meet the spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
0% p.a. for 15 months 19.99% p.a. $0 p.a. Go to site More info
HSBC Credit Card
No annual fee for life of the credit card with a balance transfer offer. Also comes with a low interest rate and up to 55 days interest-free on purchases.
0% p.a. for 6 months 17.99% p.a. $0 p.a. Go to site More info
American Express Velocity Escape Card -  Exclusive Offer
Enjoy 15,000 bonus Velocity Points and earn 2 points for every $1 you spend, together with a $0 annual fee. Also receive 0% for 12 months on balance transfers.
0% p.a. for 12 months with 1% balance transfer fee 20.74% p.a. $0 p.a. Go to site More info
American Express Qantas Discovery Card
Enjoy up to 7,500 extra Qantas Frequent Flyer Points and 1.00 points per $1 spent. Plus 0% p.a. on balance transfers for 12 months, all for a $0 annual fee.
0% p.a. for 12 months with 1% balance transfer fee 20.74% p.a. $0 p.a. Go to site More info
Virgin No Annual Fee Credit Card
Enjoy a balance transfer offer of 0% p.a. for 18 month, $100 cashback offer and $0 annual fee for life.
0% p.a. for 18 months with 2% balance transfer fee 18.99% p.a. $0 p.a. Go to site More info
Commonwealth Bank Low Fee Credit Card
A low fee credit card with $0 annual fee for the first year combined with up to 55 interest free days on purchases.
5.99% p.a. for 5 months 19.74% p.a. $0 p.a. annual fee for the first year ($29 p.a. thereafter) Go to site More info
ANZ Platinum Credit Card
A low interest rate offer on balance transfers with a $0 annual fee for the first year.
0% p.a. for 18 months with 3% balance transfer fee 19.74% p.a. $0 p.a. annual fee for the first year ($87 p.a. thereafter) Go to site More info
Commonwealth Bank Low Fee Gold Credit Card
Gold card privileges such as complimentary international travel insurance with interest-free days and $0 annual fee for the first year.
5.99% p.a. for 5 months 19.74% p.a. $0 p.a. annual fee for the first year ($89 p.a. thereafter) Go to site More info
Bank of Melbourne - No Annual Fee Card
No annual fee for life plus an introductory interest rate offer of 0% p.a. for 3 months on purchases and 0% p.a. for 12 months on balance transfers.
0% p.a. for 12 months 0% p.a. for 3 months (reverts to 20.49% p.a.) $0 p.a. Go to site More info
Woolworths Money Everyday Platinum Credit Card
Receive a $100 Gift Card with a $0 annual fee for the first year if you apply before 31 March 2016. Also get 0% p.a. for 14 months on balance transfers and earn up to 3 rewards points per $1 spent.
0% p.a. for 14 months 19.99% p.a. $0 p.a. annual fee for the first year ($49 p.a. thereafter) Go to site More info

$0 Annual Fee Credit Cards

If you use your credit card on occasion, or repay your balance in full each month, $0 no annual fee credit cards are strongly worth considering.

Compare these cards with a full list of No Annual Fee credit cards.

No Annual Fee Credit Card Comparison

Rates last updated February 8th, 2016.

HSBC Platinum Credit Card

$0 annual fee + 0% for 15 months on balance transfers offer extended until 30 April 2016

January 18th, 2016

Woolworths Money Everyday Platinum Credit Card

$100 Woolworths gift card offer extended until 31 March 2016.

January 29th, 2016

American Express Essential Credit Card

$50 credit + 0% p.a. for 12 months on balance transfers offers have been extended.

February 3rd, 2016

View latest updates

Jonathan Choi Jonathan
Complimentary Travel Insurance Cover Bonus Points Points per $ spent Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
American Express Essential Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card.
1 14.99% p.a. 0% p.a. for 12 months $0 p.a. Go to site More info
American Express Velocity Escape Card -  Exclusive Offer
Exclusive Offer to finder.com.au

$0 annual fee for life, earn 15,000 Velocity bonus points when you spend $300 in the first 3 months.

15,000 bonus points VISA/MC: 0 AMEX: 1 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. Go to site More info
BoQ Platinum Visa Card - Exclusive Offer
Exclusive Offer to finder.com.au

Enjoy a $0 p.a. annual fee for the first year.

6 months VISA/MC: 2 AMEX: 0 20.74% p.a. 0% p.a. for 16 months $0 p.a. annual fee for the first year ($199 p.a. thereafter) Go to site More info
American Express Qantas Discovery Card
Earn up to 7,500 bonus Qantas Frequent Flyer points, plus take advantage of no annual fee for the life of the card. Earn 1 Qantas Frequent Flyer point per $1 spend.
7,500 bonus points VISA/MC: 0 AMEX: 1 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. Go to site More info
Woolworths Money Everyday Platinum Credit Card
Receive a $100 Gift Card with a $0 annual fee for the first year if you apply before 31 March 2016. Also get 0% p.a. for 14 months on balance transfers and earn up to 3 rewards points per $1 spent.
VISA/MC: 1 AMEX: 0 19.99% p.a. 0% p.a. for 14 months $0 p.a. annual fee for the first year ($49 p.a. thereafter) Go to site More info
ME Bank frank Credit Card
A low interest rate on purchases and cash advances with $0 annual fee for the life of the card.
0 months 9.99% p.a. $0 p.a. Go to site More info
ANZ Frequent Flyer Black
Earn up to 75,000 bonus Qantas Points when you spend $2,500 within the first three months and 1.5 points per $1 spent. Get complimentary airport lounge access, 24/7 concierge with $0 annual fee in the first year.
6 months 75,000 bonus points VISA/MC: 0.75 AMEX: 1.5 19.99% p.a. $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
HSBC Platinum Credit Card
Receive $0 annual fee every year if you meet the spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
4 months VISA/MC: 1 AMEX: 0 19.99% p.a. 0% p.a. for 15 months $0 p.a. Go to site More info
HSBC Credit Card
A no annual fee for the life of the credit card. Plus a low balance transfer offer and interest-free finance at over 1,000 retailers across Australia.
VISA/MC: 0 AMEX: 0 17.99% p.a. 0% p.a. for 6 months $0 p.a. Go to site More info
Virgin No Annual Fee Credit Card
No annual fee credit card with $100 cashback and a long term low rate balance transfer offer of 0% p.a. for 18 months with 2% balance transfer fee. Spend criteria applies for cashback offer.
VISA/MC: 0 AMEX: 0 18.99% p.a. 0% p.a. for 18 months with 2% balance transfer fee $0 p.a. Go to site More info
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10 Responses to $0 Annual Fee and 0% Balance Transfer Credit Cards

  1. Default Gravatar
    abe | January 19, 2015

    can i transfer my personal loan to a credit card of another bank n pay no interest or annual fee

    • Default Gravatar
      Khamsy | April 24, 2015

      If I want to borrow a loan to do business about 30000 to open another 2 Bistro in club. What can do pls?

    • Staff
      Jonathan | April 24, 2015

      Hi Khamsy, thanks for your inquiry!

      In regards to $0 annual fee and 0% balance transfer cards, the amount of funds/ credit that is available for use is up to the bank/ lender’s criteria and lending policies, based upon on the individual financial situation. For more information on credit limits on credit cards please see this page. You may also like to refer to the following link for a guide and a list of personal loans.

      Cheers,

      Jonathan

    • Staff
      Jonathan | January 20, 2015

      Hi Abe,

      Thanks for your question,

      Please see this page for a list of which financial institutions let you transfer the balance from a personal loan to a credit card.

      I hope this helps!

      Cheers,

      Jonathan

  2. Default Gravatar
    Allison | January 15, 2015

    Hello,
    I’m looking at doing a balance transfer to wipe out my current credit card but would like to know if I am legible because I have been doing full time temp work and working a full week every week since April and also have a second job which are both secure, will this disadvantage me?

    • Staff
      Jonathan | January 16, 2015

      Hi Allison,

      Thanks for your question!

      In regards to applying for credit cards the application requirements can vary slightly depending on the credit provider. Minimum income requirements vary for each lender and credit card, please see this page for more information about minimum income requirements on credit cards.
      Balance transfers can be an ideal way to manage credit card debt. The maximum amount you can transfer to the card (maximum balance transfer limit) is determined by the credit limit of the card. Most cards will let you transfer up to the credit limit but there are some cards that may let you transfer only up to a percentage of the credit limit usually 95%. Please see this page for more information regarding balance transfer limits.

      If there was a specific credit card you were inquiring about feel free to ask any questions.

      I hope this helps!

      Cheers,

      Jonathan

  3. Default Gravatar
    Chris | October 6, 2014

    Not a question, but I can ALMOST guarantee that there is absolutely NO WAY, I’d get a credit card from you. The reason for this, is I’m a victim of circumstances beyond my control. I had people share a house with me when I lived in Peterborough. These people NEVER put in for rent, or utilities, leaving me well over $2k in debt. I now have black marks on my credit file, thanks to these selfish people. This will stay there for about another 4 years. I KNOW I’ll NEVER get ANY finance from you people, or mainstream financial companies, or banks due to this reason.

    • Staff
      Elizabeth | October 7, 2014

      Hi Chris,

      Unfortunately this is correct, many lenders are unlikely to approve a credit card to someone if you have bad credit history. You do, however, have access to other forms of finance such as bad credit loans. Just keep in mind the rates and fees for these types of loans are generally much higher than with other mainstream loans, although they are an option for you.

      Thanks,

      Elizabeth

  4. Default Gravatar
    Margaret | October 3, 2014

    Please post what the interest rates are after the initial 12 month period.

    • Staff
      Elizabeth | October 3, 2014

      Hi Margaret,

      Thanks for the question.

      Generally, the balance transfer rate will revert to either the cash advance rate or the purchase rate of the card. That being said, the interest rate that the card reverts to will depend on which card you’re looking at. If you look at the individual reviews of the card (by following the links on this page) the revert rate will be listed on the page.

      I hope this has helped.

      Thanks,

      Elizabeth

Credit Cards Comparison

Rates last updated February 8th, 2016
Complimentary Travel Insurance Cover Bonus Points Points per $ spent Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
St.George Vertigo Platinum
A platinum card with a low interest rate on balance transfers and purchases with a low annual fee.
6 months VISA/MC: 0 AMEX: 0 0% p.a. for 3 months (reverts to 12.74% p.a.) 0% p.a. for 20 months $99 p.a. Go to site More info
American Express Essential Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card.
1 14.99% p.a. 0% p.a. for 12 months $0 p.a. Go to site More info
NAB Premium Card
Long term balance transfer offer with premium benefits such as travel insurance.
6 months VISA/MC: 0 AMEX: 0 0% p.a. for 15 months (reverts to 19.74% p.a.) 0% p.a. for 15 months $90 p.a. Go to site More info
HSBC Platinum Credit Card
Receive $0 annual fee every year if you meet the spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
4 months VISA/MC: 1 AMEX: 0 19.99% p.a. 0% p.a. for 15 months $0 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards CreditCardFinder.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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