What is the Best Credit Card* in Australia?

Information verified correct on October 2nd, 2016
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Find the credit card that suits your needs today. Read our guide and tips that will inform and guide you to the types of cards available in Australia and their benefits, so you can choose the credit card that is most suitable for you.

Simply put – we can’t tell you what the best credit card is. The best credit card for you will depend on your personal circumstances as there is not a single card that is best for everyone. What we can do, however, is help you compare the offers available to you. This will help you make more informed decisions to find which card is right for you.

Australian Credit Cards Comparison

Rates last updated October 2nd, 2016.

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

Balance transfer offer has been extended until 31 October 2016.

September 26th, 2016

St.George Vertigo Platinum

Balance transfer period changed from 20 to 18 months and is valid until 4 January 2017.

September 30th, 2016

St.George Vertigo Visa

Balance transfer and purchase offer have been extended until 4 January 2017.

September 30th, 2016

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Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
NAB Low Rate Credit Card
The NAB Low Rate Card offers 0% p.a. on purchases and balance transfers for 15 months. This card also comes with a low annual fee.
0% p.a. for 15 months (reverts to 13.99% p.a.) 0% p.a. for 15 months with a one off 2% balance transfer fee $59 p.a. Go to site More info
Westpac 55 Day credit card
Enjoy a balance transfer offer of 0% p.a. for 16 months, an introductory purchase rate of 1% p.a. for up to 12 months, plus a waived annual fee for the first year if applied by 11 October 2016.
1% p.a. for 12 months (reverts to 19.84% p.a.) 0% p.a. for 16 months $0 p.a. annual fee for the first year ($30 p.a. thereafter) Go to site More info
American Express Essential Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card. Also enjoy a 0% p.a. balance transfer rate for 12 months.
14.99% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Earn bonus Velocity Points in the first 3 months. 0% p.a. for 18 months on balance transfers.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
Westpac Low Rate Card
A no frills credit card with an introductory rate of 0% p.a. for 18 months on balance transfers and 1% p.a. for 12 months on purchases.
1% p.a. for 12 months (reverts to 13.49% p.a.) 0% p.a. for 18 months $59 p.a. Go to site More info
NAB Low Fee Card
Enjoy a low introductory rate of 0% p.a. on balance transfers and purchases for 15 months.
0% p.a. for 15 months (reverts to 19.74% p.a.) 0% p.a. for 15 months with a one off 2% balance transfer fee $30 p.a. Go to site More info
Citi Qantas Signature Credit Card
Earn up to 50,000 bonus Qantas Points when you spend $2,000 or more on eligible purchases in the first 90 days. Plus, enjoy introductory interest rates on balance transfers and purchases with a discounted annual fee of $199 in the first year.
20.99% p.a. 0% p.a. for 6 months $199 p.a. annual fee for the first year ($395 p.a. thereafter) Go to site More info
ANZ First Visa Credit Card - Exclusive Offer
Take advantage of this exclusive offer and enjoy 0% p.a. for the first 12 months on balance transfers and 0% p.a. for the first 3 months on purchases.
0% p.a. for 3 months (reverts to 19.74% p.a.) 0% p.a. for 12 months $30 p.a. Go to site More info
St.George Vertigo Visa
Introductory offer of 0% p.a. for 18 months on balance transfers and 1% p.a. for 12 months on purchases, plus a low annual fee.
1% p.a. for 12 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. Go to site More info
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Consider your options and know the types of credit cards

There are a number of credit cards available in the Australian market. To help simplify your comparison process, you can consider your specific financial needs in accordance with the below available credit card categories.

    • Rewards credit cards
      When it comes to the finding the most beneficial rewards credit card for your use in Australia, you can narrow your search by looking at our rewards credit card guide. Then compare the options available to your personal circumstances. If you frequently use your credit card, a rewards card could allow you to earn points as you spend. Again, the best rewards card for you comes down to you and what you want out of the card.

Compare Credit Cards with Rewards Program

  • Low or no annual fee credit cards
    These cards are typically grouped with cards that have low or no annual fees and for consumers who pay off their cards in full each month. For such cardholders, the important features include the number of interest-free days and the annual fee.Some of the cards in this category are the Bankwest Zero MasterCard and the HSBC credit card.

Compare No Annual Fee Credit Cards

  • Low-interest credit cards
    If you struggle to pay off your credit card balance each month, then you will be interested in this category. The cheapest credit cards offer low-interest rates and a low annual fee.

Compare Low Interest Credit Cards

Choose the *best credit card for you

As you can see, there are a number of great credit cards available in Australia – you simply need to pick the card that most suits your needs. You can start by writing down a list of your individual financial needs and patterns and searching through the extensive list of credit card options and reviews available through finder.

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Frequently Asked Questions

I want to compare credit cards, but I don't know where to start.

As there is no such thing as the one ‘best’ credit card, you always need to make comparisons based on your individual needs and financial position. If you don’t know where to begin, you can start by making a list of your financial needs and habits and try to narrow down your search based on these factors. For example, if you find that you frequently use your credit card, you may wish to consider a rewards card so you can receive points to redeem for rewards each time you spend. Alternatively, if you’re struggling to pay off your credit card balance each month, you may want to consider a low-interest credit card.

What resources can I use to make these comparisons?

In addition to the objective and comprehensive review and product pages available on finder.com.au, you should also read the Product Disclosure Statement and Terms & Conditions for each credit card you consider.

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Credit Cards Comparison

Rates last updated October 2nd, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
11.99% p.a. $0 p.a. Go to site More info
St.George Vertigo Visa
Introductory offer of 0% p.a. for 18 months on balance transfers and 1% p.a. for 12 months on purchases, plus a low annual fee.
1% p.a. for 12 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info

* 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 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 own personal financial circumstances when comparing cards.

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