Best Credit Cards

Are you looking to find the best credit card for your needs?

Listed below are some of the *best credit cards on offer in Australia. Each of these cards offers leading features and the best credit card choice will depend on your needs and uses for the particular card. The comparison table features balance transfer cards, low rate, no annual fee and rewards options.

St.George Vertigo Platinum

Low Interest Rate Platinum Credit Card

Enjoy a low rate balance transfer offer. The card also features a low ongoing purchase rate and a low annual fee, together with platinum perks.

  • $99 p.a. annual fee
  • 0% p.a. for 3 months (reverts to 12.74% p.a.) on purchases
  • 0% p.a. for 20 months on balance transfers
  • Cash Advance Rate of 21.49% p.a.
  • Up to 55 days interest free

Best Credit Card Comparison

Rates last updated August 1st, 2015.

NAB Low Rate Credit Card

0% for 12 months purchase rate offer extended to 11 October 2015

April 19th, 2015

HSBC Platinum Credit Card

$0 Annual fee for life + 0% for 8 months on balance transfers offer extended until 31 July 2015

April 30th, 2015

Westpac Low Rate Card

Balance transfer offer now 0% for 18 months + 0% for 3 months on purchases

June 2nd, 2015

View latest updates

Jonathan Choi Jonathan
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Cash advance rate (p.a.)
St.George Vertigo Platinum
Low Rate Platinum Credit Card
Low ongoing interest rate with complimentary insurances, including domestic flight inconvenience insurance.
0% p.a. for 3 months (reverts to 12.74% p.a.) 0% p.a. for 20 months $99 p.a. 21.49% p.a. Go to site More info
NAB Low Rate Credit Card
Low Interest Credit Card Offer *
Enjoy a low interest rate offer on purchases plus a low annual fee.
0% p.a. for 12 months (reverts to 13.99% p.a.) 4.99% p.a. for 6 months $59 p.a. 21.74% p.a. Go to site More info
Westpac Low Rate Card
Low Interest Rate & Low Annual Fee Credit Card*
Westpac Low Rate credit card offers a low purchase and long term balance transfer rate, with a low annual fee.
0% p.a. for 3 months (reverts to 13.49% p.a.) 0% p.a. for 18 months $59 p.a. 21.49% p.a. Go to site More info
American Express Velocity Platinum Card
100000 Velocity Points Credit Card*
Earn up to 100000 bonus Velocity reward points on signup when you apply by 30 September 2015, are approved and on your new card within the first 3 months.
20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $349 p.a. Go to site More info
HSBC Platinum Credit Card
Platinum Credit Card with a Balance Transfer Offer*
HSBC Platinum Credit Card offers a $0 p.a. annual fee for the life of the credit card and an introductory balance transfer rate.
19.99% p.a. 0% p.a. for 8 months $0 p.a. 21.99% p.a. Go to site More info
ANZ Frequent Flyer Platinum American Express/Visa
Platinum Frequent Flyer Credit Card Offer*
Receive 50,000 Qantas Points after you spend $3,000 on purchases within the first 3 months when you apply by 20 August 2015.
19.99% p.a. $0 p.a. annual fee for the first year ($295 p.a. thereafter) 21.49% p.a. Go to site More info
Westpac 55 Day Platinum Credit Card
Platinum Credit Card with Introductory Offer*
Take advantage of a low balance transfer offer plus no annual fee for the first and the following years if you meet minimum required spend.
19.84% p.a. 0% p.a. for 16 months $0 p.a. annual fee for the first year ($90 p.a. thereafter) 21.29% p.a. Go to site More info
Coles Low Rate Mastercard
Low Interest Rate Credit Card*
Low purchase rate and up to 62 interest free
11.99% p.a. 0% p.a. for 6 months $49 p.a. 19.99% p.a. Go to site More info
American Express Velocity Escape Card
No Annual Fee Velocity Rewards Credit Card*
A $0 annual fee credit card where can earn up to 7500 bonus points, plus Velocity Points for every dollar you spend.
20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $0 p.a. Go to site More info
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Velocity Rewards Credit Card with a Balance Transfer Offer*
A low balance transfer offer. Plus discounted domestic flights offer with Virgin Australia and earn 3x Velocity Points in your first 3 months.
20.74% p.a. 0% p.a. for 14 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) 20.99% p.a. Go to site More info
St.George Vertigo Visa
Low Rate Credit Card & Long Term Balance Transfer Offer*
Enjoy a balance transfer offer for 18 months. Plus a low annual fee from St George.
0% p.a. for 3 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. 21.49% p.a. Go to site More info
Bank of Melbourne Vertigo Platinum
Long Term Low Rate Platinum Credit Card
Long term balance transfer with a low ongoing rate on purchases, together with complimentary insurances.
0% p.a. for 3 months (reverts to 12.74% p.a.) 0% p.a. for 20 months $99 p.a. 21.49% p.a. Go to site More info
HSBC Platinum Qantas Credit Card
International Frequent Flyer Credit Card*
HSBC Platinum Qantas Credit Card offers a strong earn rate on purchases plus receive a bonus 40,000 Qantas Point when you apply, are approved and make an eligible purchases within 3 months of applying.
19.99% p.a. 0% p.a. for 6 months $199 p.a. 21.99% p.a. Go to site More info
ME Bank frank Credit Card
No Annual Fee Low Rate Credit Card*
A low interest rate credit card that changes no annual fees.
9.99% p.a. $0 p.a. 9.99% p.a. Go to site More info
Citi Rewards Credit Card - Platinum Card
24 Month Balance Transfer Offer*
Enjoy a low and long term balance transfer offer with a rewards program offer.
20.99% p.a. 0% p.a. for 24 months with 2.5% balance transfer fee $199 p.a. 21.74% p.a. Go to site More info
American Express Qantas Discovery Card
No Annual Fee Qantas Rewards Credit Card*
A $0 annual fee credit card where can earn up to 7500 bonus points, plus Qantas Points for every dollar you spend.
20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $0 p.a. Go to site More info
Westpac Low Rate Card - Exclusive Offer
Exclusive Offer to finder.com.au
20 months Balance Transfer Offer
A low interest rate on purchases and an exclusive balance transfer offer with a long term.
13.49% p.a. 0% p.a. for 20 months with 2.5% balance transfer fee $59 p.a. 21.49% p.a. Go to site More info
ANZ Low Rate
Low Interest Rate Card with Low Balance Transfer Offer*
Enjoy a low interest rate on balance transfers and purchases with a low annual fee.
13.49% p.a. 0% p.a. for 16 months with 2% balance transfer fee $58 p.a. 21.74% p.a. Go to site More info
American Express Platinum Edge Credit Card
American Express Rewards Program Credit Card*
Receive 10,000 Membership Rewards Bonus Points when you spend $500 on your Card in the first 2 months of your Card membership, Plus earn 3.00 Membership Reward points per $1 spent at major supermarkets including Coles and Woolworths.
20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $195 p.a. Go to site More info
HSBC Credit Card
No Annual Fee for the Life of the Credit Card with Balance Transfer*
No annual fee for the life of the credit card, plus a low balance transfer offer.
17.99% p.a. 0% p.a. for 6 months $0 p.a. 21.99% p.a. Go to site More info
ANZ Frequent Flyer Black
Up to 50,000 Qantas Points*
Up to 50,000 bonus Qantas Points when you meet the minimum spend requirement and no annual fee in the first year. Uncapped rewards earning potential and complimentary Qantas Club Lounge invitations.
19.99% p.a. $0 p.a. annual fee for the first year ($425 p.a. thereafter) 21.49% p.a. Go to site More info
ANZ Low Rate Platinum Credit Card
Platinum Card with Ongoing Low Interest Rate
Low ongoing interest rate with purchase protection and travel insurance.
13.49% p.a. 0% p.a. for 16 months with 2% balance transfer fee $99 p.a. 21.74% p.a. Go to site More info
ANZ Frequent Flyer
Qantas Frequent Flyer Credit Card Offer*
Receive 50,000 Qantas Points after you spend $3,000 on purchases within the first 3 months when you apply by 20 August 2015.
19.99% p.a. $0 p.a. annual fee for the first year ($95 p.a. thereafter) 21.49% p.a. Go to site More info
Citi Rewards Credit Card - Classic Card
Long Term Balance Transfer Offer*
Enjoy a long term balance transfer rate to help consolidate and pay down debt. Also benefit from the complimentary insurances that come with this rewards credit card.
20.99% p.a. 0% p.a. for 18 months $89 p.a. 21.74% p.a. Go to site More info

* The offers compared on this page are chosen from a range of products 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 personal financial circumstances when comparing products.

What is the *best credit card?

That answer is easy: there is no one *best credit card. Think about it — what’s best for you isn’t going to be best for somebody else. The type of credit card that is best going to meet your needs will depend on how you’re going to use it, what you want the card for and, what your financial situation is. You will also need to consider which cards that you’re eligible to use. A student looking at their first credit card isn’t going to be applying for the same credit card as a high-income earner. But how do you know which card is best for you?

There’s a range of credit cards available in the market: everything from low fee cards to give you convenient access to credit, right through to premium credit cards that offer incredible spending power and impressive rewards. Discover the types of cards available, who they’re best suited to, and how to find the best one for you, below.

Low rate credit cards – For the savvy frequent shopper

  • What are they? Low rate cards offer you all the convenience of a credit card while keeping your interest low.
  • Who are these credit cards best suited to? People looking for a low-cost line of credit.

How can you find the best low rate credit card?

  1. Consider the interest rate - As the main draw of these cards is the low rate, the competitiveness of their interest rate should be a main point of comparison. Also check what other fees apply — annual fees or joining/membership fees for rewards programs can add significantly to the cost of the card, so take it into account. Remember that there are other features on offer as well. So if you’re looking for other qualities, such as the ability to earn rewards points or balance transfer offers, consider these in your comparison.
  2. Look for purchase rate offers - If you’re after a low rate card then chances are you’re looking for a way to reduce what you pay in interest when you make a purchase. This is where a purchase rate offer could be something to consider. You may want to contemplate a credit card with a purchase rate offer of 0% p.a. on purchases for a set period of time, providing yourself with an interest-free line of credit. Take up a credit card with a purchase rate offer and pay 0% p.a. on purchases for a set period, essentially giving yourself an interest-free line of credit.

Looking for low rate credit cards?

Rates last updated August 1st, 2015

Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Cash advance rate (p.a.)
Coles Low Rate Mastercard
Enjoy a low annual fee credit card and a low interest rate.
11.99% p.a. 0% p.a. for 6 months $49 p.a. 19.99% p.a. Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
9.99% p.a. $0 p.a. 9.99% p.a. Go to site More info
St.George Vertigo Visa
Low ongoing rate on purchases, introductory balance transfer offer, plus a low annual fee.
0% p.a. for 3 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. 21.49% p.a. Go to site More info
NAB Low Rate Credit Card
The NAB Low Interest Visa Card offers a low interest rate combined with a purchase offer of 0% p.a. for 12 months. Apply by 11 October 2015.
0% p.a. for 12 months (reverts to 13.99% p.a.) 4.99% p.a. for 6 months $59 p.a. 21.74% p.a. Go to site More info

Want up to 12 months of interest-free spending?

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Low and no annual free credit cards – For when you need it

  • What are they? Low and no annual fee credit cards help limit your ongoing costs no matter how much you spend, giving you constant access to credit.
  • Who are these credit cards best suited to? Cardholders looking for an emergency credit card, or lucrative, low-cost credit card deals.

How can you find the best low and no annual fee credit cards?

  1. Compare the lowest annual fees and consider the interest rate - These cards come with either no annual fee or a low annual fee, which can apply to the life of the card or for a promotional period, such as the first year. The other main cost that comes with a credit card is the interest rate, so be sure also to check this and ensure it’s competitive. Consider how much it will cost you to make purchases on the card if you don’t pay back your balance each statement period. 
  2. Combine a balance transfer with a no annual fee for more savings - If you have an existing credit card debt you might want to consider a balance transfer credit card. By transferring your balance to a no annual fee balance transfer card, you can maintain a no-cost way of paying back your debt. Keep in mind you’ll need to pay it back within the promotional period to avoid interest being charged, but these periods can be quite long — some up to 14 months.
  3. Enjoy a rewards program for $0 a year - Want to receive rewards for your purchases while paying no or a low annual fee? It’s possible, and the rewards points-earning potential can be quite beneficial, too. Some of these rewards cards offer bonus points on sign-up, a high earn rate per dollar spent, and two cards linked to the same account to let you tailor your spending and earning.

What low and no annual fee cards are available?

Rates last updated August 1st, 2015

Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Cash advance rate (p.a.)
American Express Velocity Escape Card
Enjoy 7,500 bonus Velocity Points when you spend $300 within the first 3 months and up to 2.00 points for every dollar you spend, together with a $0 annual fee. Offer ends on 30 September 2015.
20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $0 p.a. Go to site More info
HSBC Credit Card
No annual fee for life, plus a low balance transfer offer.
17.99% p.a. 0% p.a. for 6 months $0 p.a. 21.99% p.a. Go to site More info

Low and no annual fee cards that earn you rewards points

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Balance transfer credit cards – Because it’s time for interest relief

  • What are they? You can use balance transfer credit cards to pay down an existing debt from a credit, store or charge card and pay 0% p.a. for the introductory period. You can also consolidate other debts with some balance transfer cards, such as personal loans
  • Who are these credit cards best suited to? Consider a balance transfer card if you want to pay down existing debt while saving on interest repayments.

How can you find the best balance transfer credit card?

  1. How good is the balance transfer offer? There are a few ways to check how competitive an offer is. The interest rate you’ll be charged on a balance transfer card is usually 0% p.a., but it can also be offered at a low rate. The length of the balance transfer period also differs, generally with terms of between six and 24 months available. Other points of difference include the rate that will be applied to any outstanding balance when the promotional period is over, and whether or not a balance transfer fee will be applied.
  2. Consider the card as a whole. Balance transfer credit cards need to be thought of as whole packages rather than standalone offers. Consider other features as well as the balance transfer offer. How competitive is the purchase rate and does the card have an annual fee? Does the card offer what you want in terms of rewards programs, special privileges and insurances?

What are the long term balance transfer credit cards available?

Rates last updated August 1st, 2015

Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Cash advance rate (p.a.)
St.George Vertigo Visa
Low ongoing rate on purchases, introductory balance transfer offer, plus a low annual fee.
0% p.a. for 3 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. 21.49% p.a. Go to site More info
Citi Rewards Credit Card - Platinum Card
Consolidate your debt with a low balance transfer and a long purchase rate offer plus a host of platinum privileges. Earn up to Citibank Reward points for every $1 spend.
20.99% p.a. 0% p.a. for 24 months with 2.5% balance transfer fee $199 p.a. 21.74% p.a. Go to site More info
St.George Vertigo Platinum
A platinum card with a low interest rate on balance transfers and purchases with a low annual fee.
0% p.a. for 3 months (reverts to 12.74% p.a.) 0% p.a. for 20 months $99 p.a. 21.49% p.a. Go to site More info

Why not rid yourself of interest repayments?

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Frequent flyer credit cards – For the frequent flyer

  • What are they? These cards give you a way to earn frequent flyer points, either directly or by transferring every dollar you spend into points with your chosen airline loyalty program.
  • Who should consider frequent flyer cards?  People who travel frequently and want to maximise points with a credit card.

How can you find the best frequent flyer credit card?

  1. How you can earn points - There are a few factors that will influence how many frequent flyer points you stand to earn. The most obvious one is the earn rate — namely, the rate at which you earn points per dollar you spend. A dual card account (two cards on the one account) can offer you two earn rates and can help you tailor the way you spend.  Another thing to take into account is any points cap that may apply, which may be per statement period or per year. If you plan to spend a lot on your card, this could influence the number of points you can earn. 
  2. Other features that can make one of these cards ‘the best’ - What other features do you want from your card? Are there any bonus points on offer? Does your card come with a purchase rate offer or even a promotional balance transfer rate? There could also be an annual fee waiver for the first year that could help you save while you earn points.

What frequent flyer credit cards have the highest earn rates?

Rates last updated August 1st, 2015

Bonus Points Visa / MasterCard points per $ spent Amex points per $ spent Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
ANZ Rewards Black Credit Card
ANZ Rewards Black Credit Card
50,000 bonus points 2 3 18.79% p.a. $0 p.a. annual fee for the first year ($375 p.a. thereafter) Go to site More info
Westpac Altitude Platinum Card
Westpac Altitude Platinum Card
1 2 0% p.a. for 3 months (reverts to 20.24% p.a.) 0% p.a. for 20 months $150 p.a. Go to site More info
ANZ Frequent Flyer Black
ANZ Frequent Flyer Black
50,000 bonus points 0.75 1.5 19.99% p.a. $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info

What are the lists of frequent flyer cards and how much points can I earn?

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Rewards credit cards – Get rewarded for everyday spending

  • What are they? Rewards cards allow you to opt-in to various rewards programs and earn points for every dollar you spend. Redeem rewards for shopping, travel, gift vouchers and more. 
  • Who are these cards best suited to? Frequent credit card users who want to travel frequently and want to maximise points earn rewards for spending.

Which rewards credit card is the most rewarding?

  1.  What kind of rewards do you want to earn? This is an important question to ask. Rewards programs can differ greatly in the kinds of reward they offer for you to redeem, from flights and other travel options to shopping, vouchers, and more. Make sure the rewards available to redeem are things that are of interest to you.
  2. Features of the card - The rate at which you earn reward points is an important factor to take into account, as is whether you receive bonus points, complimentary insurances, or any other features, such as a purchase rate offer or balance transfer rate. Also, consider the standard costs of the card including the annual fee, rates, and whether any fee applies to join the rewards program. This will show you how much value you can get from the card.

Rewards credit cards with the bonus points on signup

Rates last updated August 1st, 2015

Bonus Points Visa / MasterCard points per $ spent Amex points per $ spent Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
American Express Velocity Platinum Card
American Express Velocity Platinum Card
100,000 bonus points 0 1 20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $349 p.a. Go to site More info
ANZ Frequent Flyer
ANZ Frequent Flyer
50,000 bonus points 0.5 1 19.99% p.a. $0 p.a. annual fee for the first year ($95 p.a. thereafter) Go to site More info
ANZ Rewards Black Credit Card
ANZ Rewards Black Credit Card
50,000 bonus points 2 3 18.79% p.a. $0 p.a. annual fee for the first year ($375 p.a. thereafter) Go to site More info

I’m looking to maximise my rewards, which cards can I compare? 

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Gold, Platinum and Black credit cards – Enjoy the extra perks on your card

  • What are they? Gold, Platinum and Black credit cards provide access to premium features.
  • Who are these cards best suited to? This card is best for high spenders who want to enjoy premium features like rewards points, complimentary insurances, concierge services, free flights and airport lounge passes.

How can you find the best gold, platinum and black credit cards?

  1. How much does the card cost? These cards, due to their premium features, cost more to own than other standard credit cards. They tend to come with a higher annual fee and less competitive purchase rates, but this is all relative to the rewards you receive while using the card. It can help to calculate the monetary value of the rewards to compare it against the cost of owning the card.
  2. Is it worth it? There are two major things you need to factor in when determining the value of the card — how much the card will cost to own versus its features, and whether you as the cardholder will find value from the rewards and premium features the card gives you access to. Will you use the card enough to find value from it? Consider the potential value carefully before you apply for one of these cards.

Gold, platinum and black credit card offers

Rates last updated August 1st, 2015

Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Cash advance rate (p.a.)
HSBC Platinum Credit Card
Earn rewards points plus a balance transfer offer. Access to prestige services including a personal concierge service and VISA Platinum reward program.
19.99% p.a. 0% p.a. for 8 months $0 p.a. 21.99% p.a. Go to site More info
American Express Velocity Platinum Card
Enjoy up to 100,000 bonus Velocity Points and up to 3.00 rewards points per dollar spent, 0.99% p.a. balance transfer offer for 6 months and a complimentary return flight every year. Offer ends on 30 September 2015.
20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $349 p.a. Go to site More info
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 14 and also earn 3x Velocity Points in the first 3 months.
20.74% p.a. 0% p.a. for 14 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) 20.99% p.a. Go to site More info
NAB Qantas Rewards Premium Card

Earn 1.500 points per $1 spent on eligible purchases. Plus enjoy a low balance transfer offer. Receive 40,000 bonus Qantas Points. Apply by 11 October 2015.

19.99% p.a. 0% p.a. for 15 months $250 p.a. 21.74% p.a. Go to site More info
ANZ Rewards Black Credit Card

Pay no annual fee for the first year and receive 50,000 Reward Points when you spend $3,000 on purchases within the first 3 months. Offer ends 20 August 2015.

18.79% p.a. $0 p.a. annual fee for the first year ($375 p.a. thereafter) 20.99% p.a. Go to site More info

I want all the perks combined on my credit card

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Business credit cards – Tailor your card to your business needs

  • What are they? Business credit cards can give your business access to a convenient line of credit to help manage fluctuations in your cashflow.
  • Who are these cards best suited to? All sized business, from small to medium-sized organisations to larger corporations, who want access to credit to help manage the business’ finances.

Finding the *best credit cards for your business

  1. Consider the business credit card features - Business credit cards come with a myriad of possibilities — from your standard cards designed for small to medium sized businesses to larger corporations. You can opt for a card that earns your business rewards points, one that offers you complimentary insurances or even one that helps you save on your business purchases. Compare your options and discover the possibilities. 
  2. Decide what your business needs - Does your business need a simple card that will support your business expenditure while helping to keep costs low, or would you prefer a line of credit that rewards you for what you would regularly spend? You need to work out what your business needs from this card and what features it would use. Purchase rate offers, balance transfers, and rewards points are all on offer. Essentially, what card can your business afford and what features do you want?

What business credit card options are available?

Rates last updated August 1st, 2015

Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Cash advance rate (p.a.)
Westpac Altitude Platinum Business Credit Card
A platinum card with uncapped earnings and an introductory purchase rate offer.
0% p.a. for 12 months (reverts to 20.24% p.a.) $0 p.a. annual fee for the first year ($295 p.a. thereafter) 21.24% p.a. Go to site More info
Commonwealth Bank Business Awards Platinum credit card
A business credit card with up to 3 rewards points per dollar spent, complimentary insurances and frequent flyer eligibility. Get 5% cash back on contactless purchases under $100.
20.74% p.a. $300 p.a. 21.74% p.a. Go to site More info
Commonwealth Bank Business Awards Gold credit card
A business credit card with up to 2 reward points per $1 spent on your purchases and complimentary insurances. Receive 5% cash back on contactless purchases within the first 3 months.
20.74% p.a. $150 p.a. 21.74% p.a. Go to site More info

What are my options if I run or am part of a business?

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Student credit cards – Avoid the traps and learn the ropes first

  • What are they? Low-cost card options are available for those on lower incomes who need a convenient line of credit.
  • Who are these cards best suited to? You guessed it — students, who are likely looking for their first card and are after a low-cost card option. These cards are tailored to suit the student lifestyle and are a great way to build credit and understand the responsibilities of debt with the use of lower credit limits.

I’m a student. What’s the *best credit card for me?

  1. Are you eligible? This is an important aspect to consider before you apply. While card providers may name their cards ‘student credit cards’ there are still minimum income, employment and residency criteria you have to fulfill in order to be eligible. Most cards have a minimum income requirement of $15,000 p.a.
  2. Important card features you need to look at - Check what interest rate will apply to your purchases and whether or not you will be charged an annual fee. You can also consider features such as purchase rate offers, balance transfer rates (if you have a current card debt) and low foreign transaction fees if you plan to take it overseas.

Low annual fee and low rate student credit cards

Rates last updated August 1st, 2015

Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Cash advance rate (p.a.)
ANZ First Student Card Offer
This simple a low annual fee credit card is ideal for students
19.74% p.a. $0 p.a. annual fee for the first year ($30 p.a. thereafter) 21.49% p.a. Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
9.99% p.a. $0 p.a. 9.99% p.a. Go to site More info
St.George Vertigo Visa
Low ongoing rate on purchases, introductory balance transfer offer, plus a low annual fee.
0% p.a. for 3 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. 21.49% p.a. Go to site More info
Westpac Low Rate Card
A simple low interest rate card featuring a low ongoing rate on purchases and balance transfers.
0% p.a. for 3 months (reverts to 13.49% p.a.) 0% p.a. for 18 months $59 p.a. 21.49% p.a. Go to site More info

I’m a student looking for a low maintenance card

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224 Responses to Best Credit Cards

  1. Default Gravatar
    Barry | July 25, 2015

    Which Aus credit cards don’t charge for foreign use?

    • Staff
      Jonathan | July 27, 2015

      Hi Barry, thanks for your inquiry!

      Please see this page for a list of cards with no foreign currency exchange fees.

      Cheers,

      Jonathan

  2. Default Gravatar
    Ryan | July 22, 2015

    If I want to transfer a balance of an existing credit card, is that balance amount added to my requested credit limit or is it separate?

    • Staff
      Jonathan | July 22, 2015

      Hi Ryan, thanks for your inquiry!

      Any balance transfer amounts will be taken out of your available credit limit. Please see this page for how much banks allow you to balance transfer.

      Cheers,

      Jonathan

  3. Default Gravatar
    kathleen | July 17, 2015

    I have a credit card with Gem if I decide to change to another card can I do so?

    • Staff
      Jonathan | July 17, 2015

      Hi Kathleen,

      Thanks for your question.

      It is entirely possible to switch to a new credit card. You may like to check out this guide and this post for more information.

      I hope this has been helpful.

      Thanks,

      Jonathan

  4. Default Gravatar
    | July 16, 2015

    Why don’t you have any woolworths cards for comparison on your site?

    • Staff
      Jonathan | July 17, 2015

      Hi jakcat,

      Thanks for your question.

      Please visit this page for a comparison of Woolworths Credit Cards.

      I hope this has helped.

      Cheers,

      Jonathan

  5. Default Gravatar
    jenn | July 10, 2015

    What is the best credit card for someone who is an Australian citizen , but lives and works overseas. Current bank charges high fees for international purchases.

    • Staff
      Jonathan | July 13, 2015

      Hi Jenn, thanks for your inquiry!

      Please note that finder.com.au is an online comparison service and is not in a position to recommend specific products, providers and services. For a list of credit cards with 0% foreign fees, please see this page.

      Cheers,

      Jonathan

  6. Default Gravatar
    Rod | July 9, 2015

    I am travelling overseas and require a credit card to be used for the hire of a mobile camper van as the hire firm will not accept a debit card.
    I came out of bankruptcy in 2010. Banking institutions are governed by law, not to provide a credit card to me. Do you know of any legal credit card providers who are allowed to provide a credit card? If I meet their business requirements, I assume the credit card interest rate would be a higher amount than that of the general credit card institutions? I don’t know who to contact. Can you advise me please?
    Thanking you for your consideration.

    • Staff
      Jonathan | July 15, 2015

      Hi Rod, thank you for your inquiry.

      If you’ve filed for bankruptcy in the past and are now having a hard time applying for a credit card, then you might find some alternatives helpful, such as personal loans, which involves very different requirements to that of a credit card. You may also want to consider using credit repair services to get you back on track with fixing your credit file. You can learn more about these options through this page.

      I hope this has been helpful.

      Cheers,

      Jonathan

  7. Default Gravatar
    Fiona | June 28, 2015

    I’m going on a Mediterranean cruise for 2 weeks and need a credit card because they don’t except travel cards on board.
    I don’t want to pay an annual fee for such a short time. Is it possible to get a credit card for only a few weeks? I also may need it for purchases on board so a low or zero purchase rate on international purchases would be great!

    • Staff
      Sally | June 29, 2015

      Hi Fiona,

      Thanks for your question.

      Some cards pose cancellation limitations and fees, but this will depend on the card you use.

      If you don’t want to pay annual fees or foreign transaction fees, you can compare your options on our credit cards with no annual fee or foreign transaction fees comparison page.

      I hope this has helped answer your question.

      Thanks,

      Sally

  8. Default Gravatar
    Debra | June 25, 2015

    Do you offer credit cards to 17 year olds?

    • Staff
      Sally | June 26, 2015

      Hi Debra,

      Thanks for your question.

      Finder.com.au is a financial comparison service, so we can’t actually recommend or provide any one product to you.

      Most credit cards require a minimum age limit of 18, however, many allow additional cardholders on the credit card with a minimum age of 16 years old.

      You may want to consider some of those options here.

      I hope this has helped.

      Thanks,

      Sally

  9. Default Gravatar
    Chezza | June 17, 2015

    Hi. I moved to another part of the country that does not have the credit card that I have.
    I am wanting to make life easier for me and get a credit card that is in the same state as me.
    Maybe I earn about 30000.00 per year.
    Do you have any suggestions on which is the best deal?
    Thank you

    • Staff
      sally.mcmullen@hiveempire.com | June 18, 2015

      Hi Chezza,

      Thanks for your comment.

      As a financial comparison service, we can’t actually recommend a particular product as the ‘best deal’ will largely depend on your own financial situation and spending habits.

      However, a low interest rate credit card may be of interest. You can compare some of the low interest rate cards here.

      If you have an existing balance left on your previous credit card, you may also like to consider a low balance transfer card. You can compare some of your balance transfer options here.

      You can also compare some of the other cheaper credit card options on our Cheap Credit Card Comparison page.

      When comparing cards, you may also want to read over the terms and conditions to compare the relevant fees and conditions, including where the cards are available in Australia.

      I hope this has answered your question.

      Thanks,

      Sally

  10. Default Gravatar
    Heidi | June 16, 2015

    Its been 5 years since I declared bankruptcy and though I have no formal documentation, it was discharged at 3 years. I would like to get a credit card hopefully up to $5000.00 is this possible? If so who do you suggest?

    • Staff
      Jonathan | June 16, 2015

      Hi Heidi, thanks for your inquiry!

      Bankruptcy files are kept up to five years on an individual’s credit file. Your eligibility for a credit card will depend on whether you meet the application requirements and lending criteria of a bank. You may like to see the following link for a guide on comparing credit cards.

      Cheers,

      Jonathan

Credit Cards Comparison

Rates last updated August 1st, 2015
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Cash advance rate (p.a.)
St.George Vertigo Platinum
A platinum card with a low interest rate on balance transfers and purchases with a low annual fee.
0% p.a. for 3 months (reverts to 12.74% p.a.) 0% p.a. for 20 months $99 p.a. 21.49% p.a. Go to site More info
NAB Low Rate Credit Card
Low ongoing interest rate on purchases and balance transfers.
0% p.a. for 12 months (reverts to 13.99% p.a.) 4.99% p.a. for 6 months $59 p.a. 21.74% p.a. Go to site More info
Westpac Low Rate Card
A low interest rate credit card with a low annual fee and balance transfer offer.
0% p.a. for 3 months (reverts to 13.49% p.a.) 0% p.a. for 18 months $59 p.a. 21.49% p.a. Go to site More info
American Express Velocity Escape Card
Enjoy 7,500 bonus Velocity Points when you spend $300 within the first 3 months and up to 2.00 points for every dollar you spend, together with a $0 annual fee. Offer ends on 30 September 2015.
20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $0 p.a. Go to site More info
HSBC Platinum Credit Card
Earn rewards points plus a balance transfer offer. Access to prestige services including a personal concierge service and VISA Platinum reward program.
19.99% p.a. 0% p.a. for 8 months $0 p.a. 21.99% 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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