Best Credit Cards
Don’t have the time and effort to find the best credit card* for your needs?
Let us do the work for you. Listed below are the best credit cards* on offer based on consumers lifestyle and financial situation in a comparison table.
What makes these credit cards the best?*
Our rating of ‘Best’ is subjective. For instance, we may not say the card in Australia with the lowest interest rate is the ‘Best Low Interest Card’ as it has a higher annual fee and other features to cancel out it’s lower rate.
Hypothetical scenario: Card A has an interest rate of 12.00% p.a and an annual fee of $55.
Card B has an interest rate of 11.25% p.a, but an annual fee of $95.
Hence, while Card A is the lower interest rate of the two, it is not the Best credit card in the ‘low interest’ category.
Best Credit Card Offers Comparison Table*
| Credit Card | Card Details | Interest Rate (p.a.) | Cash Advance Rate (p.a.) | Balance Transfer Rate (p.a.) | Annual fee | Interest free days (up to) | |
|---|---|---|---|---|---|---|---|
 Aussie MasterCard |
9.99% p.a. on purchases for the first 12 months. Reverts to 11.49% after. The best all-round credit card in terms of customer satisfaction and low interest in relation to annual fee. Relatively lower cash advance rate among Australian credit cards. You don’t even have to be an Aussie customer to apply. |
9.99%* | 17.99% | 4.99% for 12 months | $49 | 55 |   |
Cannex 5 Star Rating.
|
Best Balance Transfer Credit Card*
0% p.a. for 6 months balance transfer, no balance transfer fee and a relatively low annual fee of $55. Good credit history required for application approval. Voted ‘Cheapest Balance Transfer Credit Card of 2009′ by Money Magazine. |
10.99% | 19.99% | 0% p.a. for 6 months. | $55 | 55 | |
 Citibank Emirates Platinum Card |
Best Long Term Balance Transfer Credit Card*
4.9% balance transfer for the life of your balance. Good credit history required for approval. The prime credit card offer to pay off a large debt over a long period of time. |
19.99% | 19.99% | 4.9% balance transfer for life. | $199 | 55 | |
 Citibank Clear Platinum Card |
Best Value For Money Credit Card*
The Citibank Clear Platinum offers a very low 10.99% p.a. on purchases and modest $85 annual fee. Includes 25% off discounts with ‘Citibank World Privileges‘. |
10.99% | 20.74% | 0% p.a. for 6 months | $85 | 55 | |
 Commonwealth Bank Low Fee Card |
Best No Annual Fee Credit Card
The Low Fee card comes with 55 days interest free, and a $24 annual fee which is easily waiverable. All you need to do to waiver the annual fee is spend $1000 or more per year on your card. |
18.49% | 19.99% | 4.99% for 9 months. | $0* | 55 | |
 Citibank Silver Card Cannex 5 Star Rating.
|
Best Rewards Program Credit Card* The most competitive rewards credit card for an ‘everyday spender’ who spends between $12,000 - $24,000+ per annum on their card. 1 reward point for every $1 spent, with Citibank ‘Automatic Benefits’. No point expiry. Free purchase cover. FraudShield protection. |
19.99% | 19.99% | 2.9% p.a. for up to 12 months. | $69 | 55 | |
 ANZ Balance Visa Credit Card |
Best Unique Rewards Credit Card*
1 reward point for every $1 paid off your balance. High reward point costs, but easy to accumulate points and a low rate on purchases. |
12.74% | 19.99% | 0% p.a. for 6 months | $79 | 55 | |
 Commonwealth Bank Gold Card |
Best Cashback Rewards Credit Card*
1 point for every dollar spent. 20,000 points = $100 cashback. 100,000 annual cap. $386 cashback profit potential ($500 - $114 annual fee) |
18.99% | 19.99% | 4.99% p.a. for 9 months. | $114 | 55 | |
 Woolworths Everyday Money Card |
Best Shopping Rewards Credit Card*
$0 annual fee 1st year, then $49. Great Woolworths Rewards Program. |
17.99% | 20.99% | 5.99% p.a. for 6 months | $0* | 55 | |
 Citibank BP MasterCard |
Best Petrol Rewards Credit Card*
5% off petrol at BP, and 0.5% cashback for every other purchase made on the card. |
19.89% | 19.89% | 2.90% p.a. for 12 months | $79 | 55 | |
 ANZ Gold Visa Card |
Best International Travel Credit Card* Comprehensive Overseas Travel and Medical Insurance including coverage for medical expenses, cancellations and loss/damage of luggage. ANZ offer 2.50% on currency conversion and 1.50% on international cash advances, one of the most competitive rates on overseas credit charges. Note that this is not the most suitable card for racking up reward points whilst travelling, only the best card to save on overseas purchases. |
17.49% | 19.24% | 7.99% p.a. for 6 months. | $87 | 55 | |
 ANZ First Visa Credit Card |
Best Instant Approval Credit Card* Get a response within 60 seconds after you submit your application. Easy approval in relation to other credit cards, particularly for students. | 17.49% | 19.24% | 7.99% p.a. for 6 months. | $0* | 44 | |
 American Express Business Accelerator Card |
Best Business Credit Card*
Comprehensive range of business benefits and services for business owners. |
18.99% | 18.99% | N/A | $160 | 55 | |
Best Credit Card - Aussie MasterCard*
9.99% on purchases for 12 months and a 4.99% balance transfer for 12 months when you apply before May 15th.
You can’t go much better for a promotional offer that lasts practically as long as a standard rate would.
Even after the promotional 9.99% expires, it reverts back to a low standard 11.49%.
Best 0% p.a. Balance Transfer Card - St George Vertigo MasterCard*
St George are constantly striving to be the most competitive of the Australian ‘big four’ banks, and their low interest/balance transfer card certainly helps excel that goal.
They have offered, and will continue to offer 0% balance transfers for 6 months unless specified for a good long while, which comes at one of the lowest 0% balance transfer card annual fee of $55.
Best Long Term Balance Transfer Card - Citibank Clear Platinum Card*
Everybody enjoys the luxury benefits and prestige associated with a platinum credit card, but not necessarily everybody is willing to pay $200 a year for it.
Citibank’s Clear Platinum card has the best of both worlds - a low interest rate credit card crossed with a platinum travel credit card.
You must earn a minimum of $50,000 per annum for application approval.
Best Value for Money Card - Citibank Emirates Card*
With 4.9% for LIFE on balance transfers, along with a highly appealing ‘Skyward Miles’ reward program, Citibank’s Emirates Card is one of the top competitive long term balance transfer credit cards available in Australia.
Take note that for long term balance transfer approval, you will need good credit and a large balance to transfer over.
Best No Annual Fee Card - Commonwealth Bank Low Fee Card*
Hate annual fees? Simple. Spend $1000 or more on your card per year and Commbank will waiver your $24 annual fee. Couple this with 55 days interest free on purchases and you can essentially never pay interest or fees.
There’s more that one reason no annual fee is super appealing on the Commbank Low Fee card.
When you apply before July 30th, Commonwealth Bank customers gain access to 4.99% p.a. on balance transfers and purchases for up to 9 months on your Low Fee card.
Best Rewards Program Credit Card - Citibank Silver Credit Card*
Citibank Silver offers a wide range of rewards to choose from which you can earn at a standard rate of 1 reward point per $1 spent on your card.
You also have access to Citibank’s ‘Automatic Benefits’ which gives you discounts to certain entertainment and retail outlets, secure fraud protection and free purchase cover.
Awarded the valuable and reputable 5 star award by Cannex.
Best Unique Reward’s Program - ANZ Balance Visa*
It doesn’t get much more simpler than earning rewards for every dollar you repay off your balance.
No points expiry and capping means no fine print will limit the benefits of your rewards program, like many other cards.
A wide variety of redeemable offers available also. And a competitive low interest rate among all reward program cards.
Best Shopping Reward’s Program - Woolworths Everyday Money*
HSBC coupled with Woolworths have created a new offer on the market, with some standout features such as no annual fee for the first year.
Earn Woolworths and other grocery/shopping rewards and reduce the costs of goods, leisure and ultimately food on the table.
Best Cashback Card - Commonwealth Bank Gold Credit Card*
If you do the math, The CBA Gold has a yearly earnings potential of $500 on cashback.
If you take the annual fee into account, this card can potentially reward you $386 of money-back profit per year.
Best Petrol Card - Citibank BP MasterCard*
5% off petrol and purchases from BP, along with 0.5% off everywhere else (to an extent) creates the best petrol rewards card in Australia, with more than just fuel discounts.
Best International Travel Provider/Card - ANZ Gold Visa Card*
Prior the the February 27th takeover of Wizard by Aussie, the Wizard Advantage card was the leader in cheap international charges - 0%.
While current cardholders accounts are still active, unfortunately it is not no longer available for new applicants.
ANZ offers a flat 2.50% on foreign currency exchange and 1.50% on cash advances.
While costly on the surface, in relation to competing banks it’s much lower.
Best Student and Easy Approval Card - ANZ First Visa Card*
General student credit cards often have high interest rates and other disadvantages.
It is recommended you apply for a cheaper credit card first, and if your financial situation as student is not sufficient for approval, then an easier-approval student credit card is the next alternative.
Note that as a student you’ll need to be earning approximately $15,000+ before tax a year to be considered for approval.
Best Business Card - American Express Business Accelerator*
A tax deductable $160 annual fee, an ABN requirement for application, 55 days interest free and other various business schemes and rewards create a prestigious card which can help excel your business and lower your expenses.
* 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. ‘Best and ‘Top’ are ratings which are subject to our consideration and is not rated against all Australian credit cards. Credit card categories have been created simply as a guideline and suggestion, we are not financial advisors. We recommend you take this information into account when comparing credit cards. Find out more about factors and influences are taken into account when rating credit cards here.
