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0% Balance Transfer Credit Card
The St.George Vertigo credit card offers a long term balance transfer offer for new applicants and a low ongoing interest rate on purchases.
- $55 p.a. annual fee
- 0% p.a. for 3 months (reverts to 13.24% p.a.) on purchases
- 0% p.a. for 18 months on balance transfers
- Cash Advance Rate of 21.49% p.a.
- Up to 55 days interest free
Let’s simplify credit card comparison:
- Start comparing in 320+ credit cards today -
- Select a tab heading that suits your interest
- Then click any table heading to sort the results by the features that are most important to you – easy, NOW you’re comparing!
- If you want to read our review of the card, click “More info“
- If you would like to learn more about applying, click “Go to site“
Below is a list of credit cards, it’s also a good place to start if you’re not entirely sure what kind of credit card you’re after.
Comparing tips: How can this table help me?
- If you are looking for a low budget card you might want to start off with selecting the Annual fee heading – this will sort the results according to the cards with low (to $0) annual fees.
- If you would like to reduce your debt through a Balance transfer - select this heading and the table will sort the cards that offer low (short and longer) balance transfer offers.
- If you’re after low or interest free purchases the Interest rate heading will sort the cards with low (to $0) interest rate / purchase rate cards.
- You might need to withdraw cash from your card, occasionally or frequently, in this case the Cash advance heading will sort your cards starting from the lowest rate possible.
If you’re looking for debt relief with a balance transfer you can use this table to help you decide.
Comparing tips: How can this table help me?
- Add your Transfer amount, the debt amount you would like to transfer across - eg: $5,000 (this can be an estimated or rounded figure, but the closer the better)
- Fill in the Current interest rate – (you can, refer to a recent credit card statement for this figure, or by contacting your current bank, don’t stress if it’s not exact)
- Hit the “Calculate” button - Voila!
Now you’ve just calculated your estimated Interest saved (refer to this column), money that can potentially be kept in your pocket or better yet – put towards an existing debt if you decide to balance transfer.
No annual fee cards are great for those who are interested in a card with minimal fees attached. Consider these cards when you want to keep your costs down. What you might find helpful here is to think about the purpose of your card.
Comparing tips: How can this table help me?
- If you want to pay off an existing debt without the extra service fees you can click the balance transfer heading and the table will be sorted to display low (to 0%) interest balance transfer offers for you to compare.
- If you want to be flexible with making purchases you can select the interest rate heading to sort the table with lower interest cards that are combined with a no annual fee.
Keep this in mind: Some cards included in this list may only have a promotional offer for a no annual fee (these conditions will be highlighted). Though it’s worth comparing these options as the benefits of the cards might include features you might want to consider that other cards don’t.
Do you want to be rewarded for purchases you make on your credit card? These cards are linked to a rewards program and can see you earning points for every dollar you spend. These cards can offer lucrative rewards — but don’t forget to look at their costs as well. You can use the table to find the best rewards card for you.
Comparing tips: How can this table help me?
- To see the cards that will earn you the most points, click the points per $ spent heading to filter the table results and compare your options. Some of these card accounts come with two cards linked to the same account, usually a Visa or MasterCard and an American Express card, with both of these cards offering different earn rates.
- How much will it cost to use the rewards card? Click the annual fee heading and see. Remember to take into account the features of the card compared to what it will cost you.
- Rewards credit cards tend to have less competitive interest rates, so use the table to see how each card’s purchase rate compares. Click the interest rate p.a. heading to filter the table results and find your best card option.
A low interest rate card can help keep your repayments manageable, while a 0% interest card can give you an interest-free line of credit for a set amount of time. These type of cards can be a good low-cost option to consider, and by using the table you can find out just how competitive each card is.
Comparing tips: How can this table help me?
- The main feature of comparison with these cards will be the interest rate. What rate will you be charged on your purchases, and how long is the interest-free period for (if applicable)? You can find this out by clicking on the interest rate p.a. heading of the table.
- As these are low cost cards, it can also help to check what else it will cost you to own the card. Click the annual fee heading to filter the cards by their fee — do these cards charge much for their low interest rates?
Let your credit card take you places. If you travel often, you can get a credit card that earns you frequent flyer points for different airlines. These cards are similar to rewards credit card but are instead tailored to travel rewards.
Comparing tips: How can this table help me?
Here’s a quick guide on using the table to compare your options:
- If you want to see which frequent flyer card is the most rewarding, you can look at a few things. Click the bonus points heading to see if you will earn any points when you sign up to the card, and click the per $ spent headings for the points earn rate of the cards.
- You can also use the table to see which of the frequent flyer cards is the most competitively priced. Select the interest rate p.a. heading of the table to see the rate you’ll be charged if you don’t repay your balance in full, and click the annual fee heading to see what you’ll pay each year to hold the card.
Factors to Consider when Comparing Credit Cards:
Factors to consider with a balance transfer comparison
If want to shift some stubborn credit card debt to a card with a balance transfer offer, there are some key points to consider:
- Can I balance transfer from my existing card provider to this new provider? Credit card providers have a list of providers they won’t accept transfers from, so ensure you’re able to carry out a transfer before you go through the application process. Check out our up-to-date list here.
- What interest rate applies to the balance transfer? The point of a balance transfer is to be able to pay off your credit card debt at a rate lower than you already have. Rates can go as low as 0% p.a. for shorter terms of six to nine months, and may increase as the offer length increases.
- What interest rate applies once the balance transfer period ends? Once the balance transfer ends, your rate will either revert to the interest rate for purchases, or the usually higher cash advance rate. If you don’t think you’ll pay off your balance by the time the period ends, you’ll want to find out what rate you’ll be paying.
- How long do you have before the balance transfer rate runs out? As mentioned, a key factor in determining what balance transfer is a good option is to find out how long you’ll need to pay off it off. Terms range from 6 months, 9, 12 and even up to 24 months. Use a credit card repayment calculator and input the rate you’ll get on your balance transfer offer, as well as how much you’re prepared to put towards your debt each month. This will show you how long it’ll take you to repay, and help you choose the right balance transfer length.
- Is there an annual fee? An annual fee isn’t uncommon with credit cards, but make sure you’re not going to be charged a particularly large fee when transferring a balance, as this may outweigh some of the savings you’ll be making.
- Is there a balance transfer fee? Fees for making a balance transfer are rare but can exist, so find out if these apply to any of the cards you’re thinking of applying for.
- Is there a limited time in which you have to instigate a balance transfer with the new bank? Some cards require balance transfers to be made at the time of application in order to qualify for the promotional rates, and others may give you a window of time after you receive your card to request a transfer.
Factors to consider with a rewards credit card comparison
The key points to consider when comparing different rewards credit cards are:
- Don’t assume you’re getting something for nothing – One tip when it comes to rewards cards is to take into account every aspect of a card when comparing. Failing to do this may see you pay more for fewer benefits..
- How do you earn your points? Points are earned when you spend on your card. Each card will earn points at a specific rate, such as 1 point per $1 spent. Some cards may come with both an American Express and Visa or MasterCard, each with different earn rates. For example you may earn 3 points per $1 spent with the American Express and 1 point per $1 spent with the MasterCard.
- Is there an annual fee? You may be paying more in fees than you receive back in rewards. Estimate how much you’ll be spending each year, and the value of the rewards you’re likely to redeem your points for. This will help you decide if the rewards gathered outweigh the annual fees you pay.
- What are you points worth? As mentioned above, it’s a good idea to translate the reward points of a card back into dollar value. The key to this is choosing a reward that you realistically would apply for. Say this is a $50 gift card which costs 6,750 points, and you earn 1 point per $1 spent, this means you’ve spent 135 points for every $1 received from the gift card. Carrying out these calculations on a number of cards will help you calculate what your points are worth.
- How can you redeem your points? Rewards cards may have programs which are offered by the card provider themselves, or through an airline program, such as the Virgin Velocity or Qantas Frequent Flyer programs. There are many different rewards types available such as: travel rewards, where you can exchange points for part or all of an airfare; retail goods, where you can use your points to pay for things as diverse as clothing or technology; cashbacks, where you can a percentage of your spend back in cash rewards; and charities, where you can donate a percentage of your spend to a nominated charity.
- Cap and expiry – Cards may have limits on how much you can earn in a year, after which you’ll either earn points at a slower rate, or cease to earn points altogether, so compare this. Check the expiry date on points too – if you plan to save up your points over several years an expiry date might see you lose your balance.
- Interest free days and interest rates – A rewards card is just like any other credit card and you will be hit with interest charges if you do not pay off your balance in full each month, so compare these rates if you tend to carry a balance each month. If you don’t, compare the number of interest free days offered to ensure it suits you.
Factors to consider with a no annual fee credit card comparison
The key points to consider when comparing different No Annual Fee credit cards are:
- Is the provider compensating themselves in another way for waiving the annual fee? This is a difficult question to answer, but you can find out by looking at the features and benefits of a card with no annual fee. In some cases certain features or extras may be missing, so when comparing a card ensure the features you want haven’t been abandoned in favour of no annual fee.
- Does an annual fee kick in after a certain time period? Some credit cards may have no annual fee for the first year, and then introduce it for subsequent years after this. Read carefully to see if this applies to the cards you’re comparing.
- What is the interest rate? There’s a continuing theme in this guide – certain credit card features, regardless of the type of card, are always important to compare. The interest rate of a card without an annual fee should be compared. If you’ll be carrying a balance from month to month it may be a good idea to select a lower rate. If the no annual fee card you’re interested in has a high interest rate then consider if the savings made from no fees will be lost in interest charges.
- How many interest free days do you get? You should still be able to get interest-free days even if there is no annual fee. Most cards will allow up to 55 days interest-free credit on purchases, although this varies. Note that you don’t actually get 55 days interest free on all your purchases – this is the maximum amount of time you get if your first transaction is on the first day of your new statement period.
- Balance transfer offers –this is typically a popular hook to get new customers, however, if you do have a debt on another card and you can find a new provider offering a zero fee and a great balance transfer rate, it could be a good way to maximise savings. The new card provider will most likely be gambling on the possibility that you will not be able to pay off your transferred balance before the offer period expires and a much higher interest rate takes over. Make sure you check the fine print in this situation because the rate your balance transfer reverts to may not be the regular rate of interest; it may instead be the cash advance interest rate, which is usually around 20%. It’s your responsibility to check and ensure that you choose a balance transfer deal that is realistic. In other words, one that offers a long enough period of time to completely repay the debt.
Factors to consider with a low interest credit card comparison
If you carry a balance from month to month and therefore want a card with a lower rate of interest, there’s still a checklist of features to compare.
- What is the annual fee? You’ve come to this section looking for a card with a low interest rate, so you may be wondering why one of the more important ways to compare these cards is using the annual fee. There are many cards out there with similar interest rates and features, so one way to find out which card may help you save more is by comparing the annual fees.
- What is the interest rate? Finding a card with a low interest rate is important if you’re going to be paying interest each month. As mentioned above, make sure you’re not going to be paying for this low rate with hefty annual fees.
- Check whether the rates are introductory rates or ongoing – One way for card providers to hook new customers is through 0% interest deals, which are offered for a number of months. This may be good if you only plan to use the card for a short period of time, but find out what rate you’ll be paying once the deal ends.
- Check whether the card has a rewards scheme – but evaluate these with a fine-toothed comb before going ahead, as you may lose out through higher fees.
- Check for hidden fees and charges – read the fine print on the card provider’s website before you apply, as you may pay extra for ATM fees or when travelling overseas.
Factors to consider with a student credit card comparison
Being a student can be difficult financially, and card providers know this. That’s why many card providers have credit cards which are marketed to students.
These cards may not specifically be named student credit cards, but will have lower income thresholds. If you’ve decided a student credit card might be useful and you’ve never had a credit card before, it’s important to get acquainted with how one works.
Once you’ve done this, you can follow these comparison steps:
- What’s the annual fee? If you’re only going to use your credit card for emergency purchases and will pay off your balance before being charged interest, it’s important to find out what this fee will be, as it’ll be one of the biggest expenses that’ll come with having a credit card.
- What’s the interest rate? If you won’t pay off your balance each month, you’ll be paying interest. This is one reason why it’s good to compare cards with lower interest rates.
- Interest free days – Find out how many interest free days you’ll receive on the cards you’re comparing. If you’re going to be paying off your balance each month you might want a higher number of days each statement cycle. As mentioned above, if a credit card has 55 interest free days this doesn’t mean every purchase has 55 days without interest. What this refers to is that from the first day on your statement cycle you’ll have 55 days before your bill is due, after which you’ll have to make your minimum payment and start being charged interest.
- Promotion fine print – Some of the credit cards marketed to students offer lower interest rates for purchases or balance transfers. As always, compare the rates that these deals will revert to once the promotion ends, and how long the promotional period is.
Factors to consider with a business credit card comparison
A credit card can benefit small and large businesses alike. They can be compared by looking at the following factors:
- What’s the purchase rate and fees? Finding out the interest rate of a credit card is important when your business is trying to manage expenses. If the business carries a balance it’s even more important to make sure the rate isn’t too high, and that the mixture of features and annual fees suit your business.
- What are the interest free days? Conversely, if you pay off your statement before interest is charged each month then you might want to consider a card with a higher amount of interest free days. Some business cards over as little as 31 interest free days, while some offer up to 55 days. If you only need 30 interest free days per statement you may be able to save on fees, so factor this into your comparison.
- Is there a rewards program? Many business credit cards offer a rewards program, and the same comparison tips from above apply: ensure the annual fees won’t outweigh the rewards you’ll earn, find out if there are any points caps per year and ensure the rewards offered are to your liking. If your business requires a large number of flights per year for example, it may be a good idea to find a program which allows you to exchange points for flights on your desired airline.
Factors to consider with an overseas travel credit card comparison
With more and more Australians travelling overseas each year, overseas credit cards can be a popular choice. Keep the following in mind when comparing these cards:
- What fees will I pay for making purchases overseas? Card providers charge a foreign transaction fee ranging between 1 – 3% per transaction when using your credit card overseas. When comparing a card which you’ll use overseas to make purchases, look for one that waives this fee.
- What fees will I pay for making withdrawing money overseas? If you plan on using your credit card to withdraw money from ATMs overseas, there’s usually a flat rate fee of as much as $5, in addition to the foreign transaction fee. Again, if you plan to make many overseas cash withdrawals using your credit card, compare and find one which waives this fee.
- What’s the annual fee? If a credit card waives the above fees but charges an expensive annual fee you may end up losing out in the end, so estimate how much you stand to save vs the annual fee.
- Where will my card be accepted? MasterCard and Visa are accepted at millions of locations worldwide, whereas Diners Club and American Express are not as readily accepted. Compare the pros and cons of each type of card before deciding on what you’ll apply for.
- What complimentary insurances will I receive? Many cards marketed to overseas travellers offer complimentary travel insurance. When comparing these cards, have an in-depth look at the policy booklets available online, and ensure you’ll be covered for the type of trip you’re going on, and for the amount you need.
- What’s the interest rate and cash advance rate? As mentioned numerous times above, ensure these two rates are acceptable to you and the type of spending you’ll do.
- Is there a rewards program? Some cards offer rewards programs in addition to lower transaction fees, so ensure if you’re looking for this kind of card, that you take into account annual fees and what kinds of rewards and airlines you can redeem rewards for.
Factors to consider with a Gold and Platinum credit card comparison
If you’re ready to apply for a new gold or platinum credit card, there are also some specific ways to compare.
- What are the travel insurances provided? Gold and platinum cards usually offer complimentary travel insurance when you use your card to pay for most or all of your travel expenses. When comparing cards, take a look at the individual policy booklets and ensure you’ll be covered for the type of trips you’ll be taking.
- What are the annual fees? Gold and platinum cards are known to have higher fees than other cards. This isn’t a bad thing if you stand to make savings consistently using the features associated with these cards, explained below.
- What extra features and benefits are included? Some gold, and most platinum cards offer a range of bonuses. These include around the clock concierge services, purchase insurance to replace items bought with the card, and even extended warranties. Some cards even offer complimentary domestic flights each year. Compare what’s offered on the cards you’re interested in and ensure you’ll use these extra features.
- What are the interest rates and interest free days? Another important way to compare gold and platinum credit cards is through the interest rate offered. A lower rate can act as security if you overspend in a particular month, as can interest free days, so be sure to factor this into your comparison.
- What rewards programs are offered? Most gold and platinum cards offer rewards programs. As noted above, ensure the annual fee charged on these cards isn’t so high that it makes your points useless.
- What’s the maximum credit limit? If you plan to use your credit card for large spends, you may want to compare cards with higher maximum limits.
Other Credit Card Comparisons:
Compare Australian credit cards and read up on relevant and valuable Australian credit card articles. If you’re new to credit cards or would like to find more information about particular credit cards, new and comprehensive credit card guides are listed.
- Compare the Best Credit Cards* – Check out our comparison of the most popular credit card types.
- Compare the Top 10 Credit Cards – This is the same credit card comparison table which features on the homepage.
- Gold & Platinum Information – There are privileges that come with Gold & Platinum including a wide range of insurance and entertainment access, but you need to ask yourself whether it’s truly worth the cost.
- Compare Debit Cards – Some of us either don’t trust ourselves with a credit card, or truly don’t need access to credit. They can make do with using their own savings, but would still like the purchase access that a credit card offers.
- Compare Cashback Cards – Cashback credit cards a sub-category of reward program cards. In essence there are two types of ‘cashback’ offers – ‘cashback rewards’ and money back. This comparison is predominantly for ‘cashback rewards’ because they are the most popular and valuable on the Australian market.
- No Fee Balance Transfer Credit Cards – find out how to transfer your balance to a new credit card without paying a balance transfer fee
- Travel Services Credit Cards – Find credit cards that offers benefits for regular travellers
- Interest Free Credit Cards – Credit cards that offers an interest free balance transfer period or purchase rate
- Super Balance Transfer Credit cards – A credit card that features a phenomenal balance transfer offer, is targeted to attracting new customers. These are great offers if you are looking to consolidate and pay less credit card interest
In a recent survey, approximately 20% of Australians said they’ve used a credit card comparison site before making a credit card application. Just under 40% simply spoke to their bank representative when they needed a credit card.
There are a huge number of credit card providers in Australia – all vying for your business. This stiff competition is a great thing for consumers, but only through comparison can you discover which is has the best combination of competitive features, rates and fees for your situation.
If you’re ready to start your comparison journey and you know what kind of credit card you’re after, this guide will show you what factors are important to compare.
Check out more credit card comparison tips and guides to help you compare credit cards and choose a credit card that is right for you.
* The credit card offers compared on this page are chosen from a range of credit cards Credit Card Finder has access to track details from and is not representative of all the products available in the market. 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.