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Credit card comparison made easy

Compare credit cards with bonus points, balance transfers, low rates and more from our database of 82 Australian providers.

Updated

Apr 4, 2024

Fact checked

1 - 10 of 265

Name	Purchase rate p.a.	Bonus points	Points per $ spent	Interest-free period	Balance transfer rate p.a.	Annual fee
St.George Vertigo Card	Purchase rate p.a. 13.99%	Bonus points N/A	Points per $ spent N/A	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. 0% for 28 months with 1% balance transfer fee, then 21.49%	Annual fee $55	Go to site More Info Compare	Get a 0% p.a. interest rate on balance transfers for 28 months (with a 1% balance transfer fee).
Kogan Money Card – Exclusive Offer Exclusive Kogan Rewards Program	Purchase rate p.a. 20.99%	Bonus points N/A	Points per $ spent 1	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. 0% for 18 months with 1% balance transfer fee, then 21.74%	Annual fee $0	Go to site More Info Compare	Get 0% p.a. on balance transfers for 18 months with a 1% balance transfer fee. Plus an ongoing $0 annual fee.
Citi Clear Card - Exclusive Offer Exclusive	Purchase rate p.a. 14.99%	Bonus points N/A	Points per $ spent N/A	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. 0% for 24 months with 1.5% balance transfer fee, then 22.24%	Annual fee $49 first year ($99 after)	Go to site More Info Compare	Offers 0% p.a. on balance transfers for 24 months (with 1.5% balance transfer fee) and a $49 first-year annual fee.
Qantas Premier Platinum Qantas Frequent Flyer	Purchase rate p.a. 19.99%	Bonus points 80,000	Points per $ spent 1	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. 0% for 12 months, then 21.99%	Annual fee $349 first year ($399 after)	Go to site More Info Compare	Earn up to 80,000 bonus Qantas Points. Plus, save with a reduced first-year annual fee and 0% p.a. for 12 months on balance transfers. Ends on 01 May 2024.
NAB Low Rate Credit Card	Purchase rate p.a. 13.49%	Bonus points N/A	Points per $ spent N/A	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. 0% for 28 months with 2% balance transfer fee, then 21.74%	Annual fee $0 first year ($59 after)	Go to site More Info Compare	Get a 0% p.a. interest rate on balance transfers for the first 28 months (with a 2% BT fee). Plus, save with a $0 first-year annual fee.
American Express Qantas Business Rewards Card Qantas Business Rewards	Purchase rate p.a. 0%	Bonus points 170,000	Points per $ spent 1.25	Interest-free period Up to 51 days on purchases	Balance transfer rate p.a. N/A	Annual fee $450	Go to site More Info Compare	(ABN holders w/ $75k revenue). Earn 170,000 bonus Qantas Points when you spend $6,000 in the first 3 months.
ING Orange One Low Rate	Purchase rate p.a. 11.99%	Bonus points N/A	Points per $ spent N/A	Interest-free period Up to 45 days on purchases	Balance transfer rate p.a. N/A	Annual fee $0	Go to site More Info Compare	$0 annual fee and 100% foreign transaction fee rebates for customers with an Orange Everyday account who meet the minimum deposit and spend requirements.
Qantas American Express Ultimate Card Qantas Frequent Flyer	Purchase rate p.a. 23.99%	Bonus points 60,000	Points per $ spent 1.25	Interest-free period Up to 44 days on purchases	Balance transfer rate p.a. N/A	Annual fee $450	Go to site More Info Compare	Get 60,000 bonus Qantas Points when you spend $3,000 in the first 3 months. Plus, a yearly $450 Travel Credit.
Coles No Annual Fee Mastercard - Bonus Points Offer Flybuys	Purchase rate p.a. 0% for 6 months, then 19.99%	Bonus points 20,000	Points per $ spent 0.5	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. N/A	Annual fee $0	Go to site More Info Compare	Get 20,000 bonus Flybuys points (worth $100 Flybuys Dollars) and 0% interest on purchases for the first 6 months.
ANZ Platinum Credit Card	Purchase rate p.a. 20.99%	Bonus points N/A	Points per $ spent N/A	Interest-free period Up to 55 days on purchases	Balance transfer rate p.a. 21.99%	Annual fee $0 first year ($87 after)	Go to site More Info Compare	Get $300 back on your card when you spend $1,500 on eligible purchases in the first 3 months and a $0 first-year annual fee. Plus, complimentary overseas travel insurance.

Showing 10 of 36 results

Find some of the terms in this table confusing? Jump down to our glossary to learn about key features and how to compare cards.

When comparing credit cards, decide what's most important to you. Is it a low interest rate? Low annual fee? Bonus frequent flyer points? Maybe a balance transfer deal? For instance, I pay my balance in full each month, so I ignore the interest rates and don’t look at balance transfer offers. Instead, I aim to find cards with a great points earning rate. Knowing exactly what you want, makes it easier to find the right card for you.

Sarah Megginson
Finder's head of editorial

What types of credit cards are there?

There are 5 main types of credit cards. Here is a quick explanation of each one; every credit card is slightly different and you should find one that has features that matter to you.

Card type	Principal use	Pros	Cons
Balance transfer	Pay off existing debt with no / low interest	Save money on interest and pay down debt faster	Minimal perks and no interest-free days on new purchases
Rewards / frequent flyer	Earn points on your spending	Get rewarded for money you’d spend anyway	High interest rates & annual fees
No annual fee	Credit without an upfront cost	Costs nothing if you pay it off in full or don’t use it at all	Minimal perks and higher interest rates
Low rate	Pay off purchases over time while paying less interest	Saves you money if you carry a balance from month to month	Minimal perks
Business	Managing cash flow and separating spending	Offer distinct features for business (like accounting feeds)	Stricter eligibility requirements

What is a credit card?

A credit card lets you spend money that you can pay back over time, usually with interest.

Unlike a debit card – where you need money in the bank – a credit card gives you a set amount you can spend (or borrow), known as your credit limit. You also get regular statements (usually monthly) and need to make repayments by the due date on them.

Want more details? Check out Finder’s guide to how credit cards work.

How to compare credit cards

Here's a breakdown of features and charges you should know about.

Annual fee

What is it? The amount you'll have to pay each year just to use the card.
What you should know: Higher annual fees usually mean more perks and rewards.

Balance transfer rate

What is it? The interest rate you’ll pay if you transfer a balance from another card.
What you should know:The lower the interest rate, the better. Most introductory offers are for 0% p.a. on your balance, but you may pay a one-time fee.

Cash advance rate

What is it? The interest rate you’ll pay if you take cash out or make an equivalent transaction.
What you should know: This is often the highest interest rate on a credit card, so avoid cash advances unless it's an emergency.

Credit card network

What is it? The payment system that processes all your credit card transactions. Visa, Mastercard, American Express and Diners Club are the key credit card networks in Australia.
What you should know: Banks and brands partner with Mastercard and Visa, so you'll see their logos on your cards. American Express issues cards and has its own network for processing payments. Diners Club has more limited availability and is leaving the Australian market.

Foreign transaction fee

What is it? The fee you'll be charged on purchases made in a foreign currency overseas or online.
What you should know: There are plenty of cards on the market with 0% foreign fees.

Interest-free period

What is it? The amount of time you'll get before you're charged interest on your purchases.
What you should know: More days give you more time to pay off your balance so you won’t be charged interest.

Minimum repayment

What is it? The lowest amount you need to pay by the due date to keep your account in good standing.
What you should know: You can always (and should try to) pay more than the minimum amount. But paying less can lead to late payment fees and hurt your credit score.

p.a.

What is it? This abbreviation of “per annum” is used for credit card interest rates, because the annual (or yearly) value is shown.
What you should know: As an example, the interest you’d be charged over 12 months would be about 20% of your balance on a credit card with a 20% p.a. interest rate.

Purchase interest rate

What is it? The amount of interest you'll pay if you don’t pay your card off in full.
What you should know: The lower the interest rate, the less you’ll pay in potential interest.

Rewards program

What is it? Offers points and perks that you can earn for your spending.
What you should know: Common features include points, insurance, lounge passes and premium services.

Pros & cons of credit cards

Pros

Flexibility. If you have a big purchase to make, a credit card can be a financial "buffer" – letting you buy it and then repay it over time. If it’s used wisely, it can be interest free.
Convenience. Credit cards allow you to buy what you need, when you need it. You can use them to shop in-store, online and overseas, with security features to protect against fraud.
Rewards. Everyone loves perks. A credit card can help you get frequent flyer points, cashback on your groceries, flight upgrades or even gift cards.

Cons

Debt. Credit card interest adds up quickly if you don't pay your balance on time, which could cost you hundreds (or thousands) of dollars and take a long time to pay back.
Can be expensive. The average interest rate for an Australian credit card is around 20%, RBA stats show. In comparison, the average interest rate for a variable rate personal loan is 14.41%.
Sneaky fees and surcharges. Some businesses add a surcharge to credit card payments, which can be 1–2% of the total purchase cost.

Bottom line? Credit cards have a mix of great perks and understandable risks. A good rule of thumb is to have a plan for paying it off and using the benefits.

What's happening in credit cards in April?

EXPERTREVIEW

Updated 04 April 2024 by Finder's money editor, Richard Whitten.

Finder's 2024 Credit Card Report found that credit cards have made a big comeback in Australia, with card spending hitting all time high in January (a whopping $35 billion). This is in stark contrast to recent years, when more Australians ditched credit cards for buy now pay later.

But we're largely being responsible with our cards. 88% of Australia's credit card balances are paid off, according to Finder's research.

Should I get a credit card?

For many Australians, using a credit card is an everyday part of life. But not everyone needs a credit card.

In fact, Finder research has found that 72% of Australians could manage their money without a credit card. They technically don't need a card but still have one for different reasons, including:

For emergencies
To earn rewards or frequent flyer points (which are not offered by most other accounts)
To make big purchases
To build credit history
To pay off debt and/or get a balance transfer

Some people also like the security of knowing that a credit card uses the bank's money, so you're not directly out-of-pocket when it comes to fraud. On the other hand, you shouldn't take on debt you don't need, especially if you're paying interest on it.

Impulse shoppers are typically more prone to credit card debt and could end up with a big balance and interest charges, which can take years to pay off.

Did you know? 2024 Finder research shows the average Australian with a credit card could save $222 over 32 months by switching cards.

Have questions about credit cards? We have answers

You need to apply for a credit card before you can start using one. This is usually a simple process you can do online in a few steps:
1. Compare different credit cards to find one you want
2. Check that you meet the eligibility requirements (e.g. being over the age of 18 and earning income)
3. Complete the application, including supporting documentation (e.g. your driver's licence details, payslips etc)
Before you apply it's important to think about how a credit card fits in with your financial situation. It may be helpful to use a repayment calculator to estimate potential costs and budget for repayments if you don't think you'll pay off what you spend each month.
Also keep in mind that lenders check your credit report and score when you apply. So if you want to check these details before that, you can get a free copy of your report and score through Finder.
A credit card is convenient, but it comes with a risk of debt. Here are 4 tips to help you stay on top of payments.
- Ask for a credit limit you can manage. Credit card companies must determine your limit based on what you could "reasonably" afford to pay off over 3 years. But if the credit limit you're offered is higher than what you need, you can request a lower limit so you have more control.
- Pay more than the minimum. Only paying the minimum amount listed on your credit card statement can lead to years of debt and interest charges. So, aim to pay off the total balance by the statement's due date.
- Plan repayments. Set a monthly calendar reminder for the payment due date, or set up automated payments. Finder's credit card repayment calculator can also help you budget.
- Get help if you need it. If you’re struggling with your credit card, call your bank or provider to see what support is available. You can also get free financial advice by calling the National Debt Helpline on 1800 007 007.
Applying for a credit card impacts your credit score as each application is recorded on your credit file. Multiple applications in a short period can lower your score and missed repayments also negatively affect it. But regular payments and responsible use of a credit card can raise your credit score. It's all in how you use the card.
The discussion around credit cards vs Afterpay has been going on for years, but both cards and buy now pay later (BNPL) services have different features. Here's a basic breakdown:
- Credit cards: You can use a credit card almost everywhere: shops, cafes, online. They just need to accept the type of card you have (Amex, Mastercard, Visa). If you don't pay off your balance in full each month, you'll be charged interest. When you apply, the bank will check your credit score to decide what limit to give you.
- Buy now pay later: Most BNPL services let you buy items from partnered stores, then pay them off in fixed instalments over a few weeks or months. They don't typically charge interest but may have other fees, especially for late payments. Your credit history isn't usually checked when you apply and your limit will increase with responsible use.
Credit Card Finder® is a free, Australian-owned service that you can use to compare over 260 credit card offers from banks, credit unions and other financial institutions. We've been around since 2006 and keep a database of virtually every credit card on the market.
Our comparison tables are free to use and we link you directly to the lender's secure application page. We make money from featured partners but editorial opinions are our own.

Why you can trust Finder's credit card experts

We're free

Our comparison tables are completely free to use. We link you directly to the lender's secure application page. Better still, we regularly have exclusive offers that you won't find on any other site.

We're experts

We've researched and rated hundreds of cards as part of our Finder Awards. We've published 200+ guides and our in-house experts regularly appear on Sunrise, 7News and SBS News.

We're independent

Unlike other comparison sites, we're not owned by a bank or lender. That means our opinions are our own and you can compare nearly every credit card in Australia on Finder.

Amy Bradney-George

Amy Bradney-George was the senior writer for credit cards at Finder, and editorial lead for Finder Green. She has over 16 years of editorial experience and has been featured in publications including ABC News, Money Magazine and The Sydney Morning Herald.

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109 Responses

MaureenJanuary 27, 2024

Looking for credit card with no exchange fees etc when used overseas, plus free travel insurance, plus perhaps pays bonus points . Happy to pay small annual fee. I always pay full balance off each Month. What would be your recommendations? Thank you

Finder

AmyJanuary 29, 2024Finder

Hi Maureen,
Finder has a dedicated guide to credit cards with no foreign transaction fees, which includes a comparison table with filters for different features you’re interested in. I hope this helps.

rhiannonJanuary 9, 2024

What’s a good credit card for a poor credit rating?

Finder

SarahJanuary 10, 2024Finder

Hi Rhiannon, this guide on credit cards for applicants with poor credit may be useful.

As an alternative, you may be eligible for a Good Shepherd no interest loan, of up to $3000 – these are usually available to help with urgent medical bills and housing costs, like rent.

Hope this helps!

jackJanuary 5, 2024

If you’re cancelling an Amex business card and apply for a new personal Amex card, do you get bonus reward points?

Finder

SarahJanuary 5, 2024Finder

Hi Jack, If the Amex was in your personal name, then you may not be eligible for the bonus offer. According to their official policy: American Express Card Members who currently hold or who have previously held any Consumer or Small Business Card product in the previous 18 month period are ineligible for Welcome offers.

If in doubt, contact them directly for confirmation just to be sure!

KonDecember 5, 2023

Me , my wife and my 18 year old daughter will be travelling overseas next year for 7 weeks.
Which credit card would ypu recommend which has $0 international transaction fees and complimentary travel insurance, with interest frees days and the lowest annual fees?
Regards

Finder

AmyDecember 6, 2023Finder

Hi Kon,

The Bankwest Zero Platinum Mastercard was named Best Travel Credit Card in the 2023 Finder Credit Card Awards and has no international transaction fees, no annual fee, interest-free days and complimentary travel insurance for up to 31 days, which you can apply to extend for up to 3 consecutive months of travel. The CommBank Low Fee Gold Mastercard was also a finalist in this category of the Finder Credit Card Awards 2023 and offers similar features.

Finder also has a guide on credit cards with travel insurance where you can compare a range of cards side-by-side. When considering cards, it’s a good idea to check the insurance policy details for who’s covered. In particular, the age requirements for dependents, which is typically children up to 16-24 years of age (but does depend on the policy). Interest-free days are common on most credit cards for purchases, typically when you pay the total amount listed on each statement by the due date. Just keep in mind that ATM withdrawals and other cash advances are not eligible for an interest-free period. I hope this helps.

JimNovember 29, 2023

Hi there, I am looking for a credit card with the best travel insurance included. My wife and I often embark on long overseas trips (up to a year) and do not purchase a return ticket until we are ready to return. Can you advise on the best solution please. Thanks

Finder

AmyDecember 5, 2023Finder

Hi Jim,
Finder can only provide general advice and factual information, but we do have a comprehensive guide on credit cards with travel insurance that offers more details. I hope this helps.

Credit card comparison made easy

Compare credit cards with bonus points, balance transfers, low rates and more from our database of 82 Australian providers.