Compare Australian credit cards side by side to find the right card for you
Need to consolidate your debt? Compare balance transfer cards. Want a cheaper card? Look at low-rate and no annual fee cards. Hope to get more rewards? Consider frequent flyer and rewards cards, or see if you qualify for gold, platinum and black cards for even more perks. Require a card for your business expenses? Seeking your first card as a student? Whatever you need, we can help you make an informed choice.
Long Term Balance Transfer Credit Card
A credit card that has a promotional balance transfer offer and a reduced annual fee for the first year. Cardholders will also enjoy premium perks such as the Platinum Concierge Service and an exclusive annual flight benefit.
- $64 annual fee for the first year ($129 thereafter)
- 20.74% p.a. on purchases
- 0% p.a. for 18 months on balance transfers
- Cash advance rate of 20.99% p.a.
- Up to 44 days interest-free
- Minimum income requirement of $35,000 p.a.
Compare Best Credit Card Offers*
* 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* for you?
To select the right credit card, you’ll need to consider how you plan to use the card, your current financial situation and your future goals. Credit cards offer a wide range of benefits and additional features, so knowing your needs will allow you to choose the most suitable credit card. 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? Discover the types of cards available, who they’re suited to, and how to find the ideal one for you below.
Best Low rate & Low Fee Credit Cards*
Best Balance transfer Credit Cards*
Best Business Credit Cards*
Best Frequent Flyer Points/ Travel and Rewards Credit Cards*
- I want more benefits and perks with a Gold/ Platinum/ Black credit card
- I want a credit card with no foreign transaction fees
Best Credit Cards with the latest features*
Balance transfer credit cards: Repay your debt with 0% interest
- What are they? Balance transfer credit cards let you pay off an existing debt from a credit, store or charge card with 0% interest for a set period. You can also consolidate other debts with some balance transfer cards, such as personal loans.
- Who are these credit cards suited to? If you have an existing credit card debt that’s accumulating interest, a balance transfer deal can help you pay off that debt faster.
How can you find the right balance transfer credit card?
- How good is the balance transfer offer? Most current balance transfer offers feature 0% interest during the promotional period, so you’ll want to compare other key features: what the annual fee is, what the interest rate reverts to when the promotional period ends, and if there’s a balance transfer fee charged.
- What fees apply?As well as annual fees, check if there’s a one-time balance transfer fee (usually a percentage of the total debt) for the card.
Compare Balance Transfer Credit Cards and repay your debt with 0% interest
Best credit cards* for Frequent Flyer rewards: Redeem flights with your favourite airline, retail products, gifts, cash back and shopping vouchers.
- What are they? Frequent Flyer credit cards help you earn frequent flyer points from everyday purchases, either directly or by transferring card reward points into your chosen airline loyalty program.
- Who should consider frequent flyer cards? Anyone who wants to maximise their frequent flyer points total to enjoy free flights and other benefits.
How can you find the right frequent flyer credit card?
- Which frequent flyer program is involved? Most cards are tied directly to a specific scheme, most commonly Qantas Frequent Flyer or Virgin Velocity.
- Compare the earn rate The earn rate is the number of points you earn per dollar spent. Also check whether there’s a cap on how many points you can earn each month or each year.
- Other valuable features. What other features do you want from your card? Are there any bonus points on offer, or an annual fee waiver?
Compare Frequent Flyer Credit Cards
Rewards credit cards: Earn more points per $1 spent and redeem with your favourite retailers, stores and airlines.
- What are they? Rewards cards offer rewards programs based on the amount you spend. Redeem rewards for shopping, travel, gift vouchers and more.
- Who are these cards suited to? Frequent credit card users who want to maximise points for everyday spending without being tied to a single airline scheme.
Which rewards credit card is right for you?
- What kind of rewards do you want to redeem? Rewards programs differ greatly in the kinds of reward they offer, from flights to shopping, vouchers. Make sure the rewards available to redeem are of interest to you.
- Compare points caps. Check how many points your card offers per dollar spent. Many rewards credit cards have points caps which only allow you to earn a specified amount of points during a statement period, so check for those too.
- Features of the card. Check the other features of the card, such as complimentary insurances or balance transfer offers.
Compare Rewards Credit Cards
Low rate credit cards: save money and pay less interest
- What are they? Low rate cards offer you the convenience of a credit card while keeping your interest bill as small as possible.
- Who are these credit cards suited to? People who are frequent credit card users looking to manage their expenses.
How can you find the right low rate credit card?
- Compare the interest rate. The lower the better. Compare balance transfer rates, purchase rates and cash advance rates to make sure the deal is right for you.
- Fees. Check what other fees apply, including annual fees and joining/membership fees for rewards programs. These can add significantly to the cost of the card.
Compare Low Rate Credit Cards
Low and no annual fee credit cards: more benefits, lower fees
- What are they? Low and no annual fee credit cards have a low annual fee, often $0. That gives you credit card convenience without high costs.
- Who are these credit cards suited to? If you regularly pay off your balance each month, a low-fee card will be your cheapest option.
How can you find the right low and no annual fee credit cards?
- Compare fees and interest rates. The lower the fee, the better. Check whether the low fee applies throughout the life of the card or just for the first year. Also make sure to check the interest rate and make sure that interest costs won’t outweigh the low-fee benefit.
- Combine with a balance transfer for more savings. If you have an existing credit card debt a balance transfer credit card can help you repay your debt with 0% interest. Remember you’ll still need to pay off the debt before the 0% interest period expires.
Compare Low and No Annual Fee Cards
Gold, Platinum and Black credit cards: Spend big and enjoy perks
- What are they? Gold, Platinum and Black credit cards provide access to premium features such as concierges and free insurance.
- Who are these cards suited to? These cards are designed for high earners and big spenders.
How can you find the right gold, platinum or black credit card?
- How much does the card cost? Because of their premium features, these cards typically have higher annual fees than other credit cards. To maximise your value from one of these cards, make sure you’ll make full use of the features it offers.
- What are the rates and limits? The purchase rate may not be as competitive on premium cards. If you want a very high spending limit, however, then these are your main target area.
Compare Gold, Platinum and Black Credit Card Offers
Business credit cards: For managing your business’ finances
- What are they? Business credit cards can give your business access to a convenient line of credit to help manage fluctuations in your cashflow. Additional cards and spending caps also mean you can manage your employees’ spending.
- Who are these cards suited to? Any sized business that wants access to credit to help manage finances.
Finding the *best credit cards for your business
- Consider the card features. You can opt for a card that earns your business rewards points, offers complimentary insurances or one that helps you save on your business purchases.
- Assess the rate carefully. If cashflow issues mean you won’t always be able to pay off the card immediately, then seek a card with a low purchase rate. If your key requirement is being able to track and centralise business spending, look at other features such as annual fees.
Compare Business Credit Cards
Student credit cards: Manage your expenses and buy what you need
- What are they? Low-cost card options are available for students on lower incomes who need a convenient line of credit.
- Who are these cards suited to? Students who are looking for a low-cost option, and who may not qualify for other cards They’re a good way to build a credit history and understand the responsibilities of debt.
Which student card is right for you?
- Are you eligible? Even with cards labelled as “student credit cards”, there are still minimum income, employment and residency criteria you must fulfil in order to be eligible. Most cards have a minimum income requirement of $15,000 p.a, or will need a guarantor (such as a parent).
- Compare key features. Check what interest rate will apply to your purchases and whether or not you will be charged an annual fee. Also consider low foreign transaction fees if you plan to use the card overseas.
Compare Student Credit Cards
No foreign transaction fee credit cards – pay overseas without the extra cost
- What are they? These credit cards are designed to be used overseas, meaning you won’t have to pay a foreign transaction fee every time you use your card to spend in a foreign currency.
- Who are these credit cards suited to? If you’re a frequent traveller, have a holiday coming up or regularly use your credit card to shop at international stores online, a no foreign transaction fee card could be a smart way to avoid extra costs.
How can you find the right low or no foreign transaction fee card?
- Annual fee. You may be saving on foreign currency conversion fees, but you’ll want to make sure the annual fee doesn’t counteract these savings. Currently, the annual fees for these cards sit between $0 p.a. and $130 p.a.
- Travel perks. If you’re looking to use this card overseas, see if you can make further savings with credit card complimentary travel insurance. The insurance covers and eligibility requirements differ across cards, so comparing will help you make sure the cover is right for you. Some other travel perks that could come with a low or no foreign transaction fee card include a rewards program and airport lounge access.
- Purchase rate. Unfortunately, there aren’t any cards that currently offer both no foreign transaction fee and 0% interest rate. If you plan to use the card regularly, a card with a lower interest rate will come in handy. If you are only using the card for holiday emergencies, a higher interest rate won’t make as much of a difference.
Compare No Foreign Transaction Fee Credit Cards
Cards with contactless payments - Make payments easily without using your card
- What are they? Similar to card contactless payments, Apple Pay and Android Pay allow you to make contactless payments when you tap your NFC-enabled mobile phone on the terminal.
- Who are these cards suited to? iPhone and Android users who want to cut their time at the checkout and increase the convenience of their credit card payments.
How can you find the right credit card with Apple Pay?
- Provider. Currently, only ANZ and American Express credit cards offer Apple Pay enabled credit cards, though the big four banks are predicted to follow suit soon. If your preferred bank hasn’t launched Apple Pay yet, it might be wiser to wait for it to adopt the technology rather than applying card now.
- Eligible devices. Obviously, Apple Pay is only available on Apple devices. Right now it’s supported on the iPhone 6, iPhone 6 Plus, iPhone 6s, iPhone 6s Plus and iPhone SE or the iPhone 5, 5c and 5s if you have an Apple Watch. If you’re on an older iPhone device which an older iOS variant, you’ll have to update if you want to access Apple Pay. If you have an Android device, you’ll need to wait for the launch of Android Pay and Samsung Pay later this year or stick with an internal bank mobile payment option.
- Which mobile phones are compatible with Android Pay? Almost all Android smartphones with NFC (Near Field Communication) can take advantage of Android Pay. This includes the Samsung Galaxy S7, LG G5, Sony Xperia Z5, Nexus 6P or Samsung Galaxy S6, S7.
If you’re still unsure check whether your current smartphone accepts Android Pay.
- Which banks support Android Pay? Android Pay hasn’t been launched in Australia yet, but according to a report by Ausdroid, these are the banks that are expected to support Android Pay:
|Banks with Android Pay|
|ANZ (Visa, Credit & Debit)||Goulburn Murray Co-Op||Select Mutual|
|American Express (Cards issued by AMEX)||Holiday Coast||South West Co-Op|
|Bendigo Bank (Visa / MC, Credit / Debit)||Horizon||South West Slopes|
|Central West Credit Union||Intech||Sydney CU|
|Community Alliance Credit Union||Macquarie (Visa / MC, Credit / Debit)||Teachers Mutual Bank|
|Community First Credit Union||Maritime, Mining & Power||The Mac|
|Credit Union Australia||MyState Bank||Warwick CU|
|Credit Union SA||Northern Beaches||WAW CU|
|Defence Bank||Northern Inland||Woolworths Employees’ CU|
|EECU Ltd||People’s Choice Credit Union||Wyong Shire|
|ENCOMPASS Ltd||Police Bank||Laboratories CU|
|Family First||Police Credit Union||People’s Choice CU|
|First Option||QT Mutual|