Good Credit Rating Credit Cards
These credit cards are not only Gold and Platinum credit cards which require a good credit score and minimum annual earnings, but credit cards in their own respective category which require a good credit score in relation to it’s competition.
The tables below compare credit cards based on their quality and difficulty of application approval. An ‘easy approval’ alternative is provided to each credit card. The suggested credit cards with easier approval are only relative – you will still need an average to above average credit score to be considered for approval.
See our article on 5 ways to improve your credit rating to increase your likelihood of credit card application approval.
Due to the current economic climate, credit card applications have become stricter and therefore there are limited options for credit cards for people with bad credit.
Good Reward Credit Card Comparison
| 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)
|
|
|---|---|---|---|---|---|---|---|
 American Express Gold Ascent Card |
High Credit Required*:
Just like any American Express credit card, a good credit rating and minimum annual earnings is necessary. The Gold Ascent card offers no annual fee, Membership Rewards and up to 44 days interest free on purchases. Cannex 5 star rating.
|
19.99% | 19.99% | N/A | $0 | 44 |   |
 Commonwealth Bank Platinum Card |
High Credit Required*: Earn a range of rewards from the Commonwealth Bank Platinum catalogue along with a whole host of platinum benefits. $1 converts to 1 Commonwealth Bank reward point, which you can then opt in to convert 1 CBA point for 1 FF point. Cannex 5 star rating.
|
18.99% | 19.99% | 4.99% p.a. for 9 months. | $200 | 55 | |
 Woolworths Everyday Money Card |
Average Credit Required*: Earn reward points from purchasing at Woolworths and earn bonus reward points from purchasing at bonus partners, including Safeway, Dick Smith and Tandy. Promotional offer: Bonus $30 credit if you apply by 10 January 2010 and make a purchase on your new card by 28 February 2010. *No annual fee for the first year followed by a standard $49. Cannex 5 star rating.
|
18.49% | 20.99% | 5.99% p.a. for 6 months | $0* | 55 | |
 Citibank Silver Card |
Average Credit Required*: 1 reward point for every $1 spent, with Citibank ‘Automatic Benefits’. No point expiry. Free purchase cover. FraudShield protection. Cannex 4 star rating.
|
19.99% | 19.99% | 2.9% p.a. for up to 12 months. | $69 | 55 | |
Good Low Interest Credit Card Comparison
| 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)
|
|
|---|---|---|---|---|---|---|---|
 St George Vertigo |
High Credit Required*: One of Australia’s top low rate credit cards, from one of our leading banks. The cost of competitiveness, a 5 star rating from Cannex, customer service reputation and a general tightening of credit approval in the current economic climate has restricted the Vertigo to more secure borrowers. Cannex 5 star rating.
|
11.49% | 19.99% | 2.99% p.a. for 6 months | $55 | 55 | |
 Citibank Clear Platinum Card |
High Credit Required*:
A unique blend of platinum credit card prestige and benefits with the 0% balance transfer, annual fee and interest rate of a low rate credit card. Includes 25% off a range of ‘Citibank World Privileges’, inc. shopping, dining and travel and Complimentary International Travel Insurance. Cannex 4 star rating.
|
0% for 6 months (normally 10.99%) | 20.74% | 0% for 6 months | $85 | 55 | |
 ANZ Low Rate MasterCard |
Average Credit Required*: ANZ offer a valuable low interest rate alternative. The standard rates and fees may be a fraction higher than the Vertigo, however they offer a new introductory promotion which for the time being makes it a better alternative in our eyes: Cannex 4 star rating.
|
12.49% | 20.74% | N/A | $58 | 55 | |
 Aussie MasterCard |
Average Credit Required*: Aussie offer a very competitive low rate offer, 2.99% p.a on balance transfers for the 1st 6 months + 2.99% p.a. on purchases for the 1st 6 months. Reverts to just 12.29% p.a. Cannex 5 star rating.
|
2.99 for 6 months* | 18.79% | 2.99% for 6 months | $49 | 55 | |
In general, any gold, platinum or balance transfer credit card will require a degree of good credit.
For our rating of the most competitive features in each credit card category, see the best credit card comparison.
* ‘Average’ and ‘High’ are ratings assigned by Credit Card Finder based on various approval percentages from online applications. ‘High’ and ‘Average’ are only relative terms and should not be taken literally. A wide range of factors will ultimately be taken into consideration for your credit card application apart from your credit rating.
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