By WhistleOut
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Card
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Rewards Points
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Annual Fee
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Interest Rate
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Balance Transfer
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0% Purchase Interest
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up to3
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$49Current Deal
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0%
for 9 months
then 19.84%
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5.99%for 6 months
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Go to site
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10,000 Bonus points & 0% Interest
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up to3
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$149Current Deal
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0%
for 6 months
then 20.74%
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-
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Go to site
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$0 Annual Fee +1,000 Bonus Reward Points each month
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up to3
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$199Save $199
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20.99%
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2.9%for 6 months
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Go to site
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40,000 Bonus Reward Points
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up to3
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$149Current Deal
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19.64%
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-
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Go to site
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25,000 Bonus Velocity Reward Points
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up to3
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$349Current Deal
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0%
for 6 months
then 20.74%
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-
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Go to site
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0% Purchase Interest
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up to3
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$395Current Deal
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0%
for 6 months
then 20.74%
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-
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Go to site
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with QFF Direct Earn Option
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up to3
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$280
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20.49%
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5.99%for 5 months
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More details...
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Balance Transfer & 15,000 Bonus Points
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up to3
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$295Current Deal
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19.99%
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1.99%for 12 months
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Go to site
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45,000 bonus points
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up to3
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$900Current Deal
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N/A
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-
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Go to site
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Half Annual Fee + 15,000 Bonus Points
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up to2.5
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$199Save $100
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0%
for 6 months
then 20.74%
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-
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Go to site
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1% Purchases + 16,000 Bonus Points
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2
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$190Current Deal
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1%
for 6 months
then 18.99%
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4.99%for 9 months
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Go to site
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20,000 Bonus Reward Points
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up to2
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$89Current Deal
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19.64%
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-
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Go to site
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Half annual fee for the life of the card
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2
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$199Save $100
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20.74%
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1.9%for 6 months
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More details...
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Balance Transfer & 5,000 Bonus Points
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up to2
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$100Current Deal
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19.99%
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1.99%for 12 months
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Go to site
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with Qantas Direct Earn Option
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up to2
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$144
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20.49%
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5.99%for 5 months
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More details...
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Balance Transfer & 10,000 Bonus Points
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up to2
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$150Current Deal
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19.99%
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1.99%for 12 months
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Go to site
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with Citi Qantas Rewards
80,000 Bonus Points
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2
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$700Current Deal
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20.74%
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4.9%for 6 months
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Go to site
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1% Purchases + 4,000 Bonus Points Offer
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1.5
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$89Current Deal
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1%
for 6 months
then 19.24%
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4.99%for 9 months
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Go to site
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1% Purchases + 8,000 Bonus Points Offer
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1.5
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$120Current Deal
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1%
for 6 months
then 19.24%
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4.99%for 9 months
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Go to site
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with Qantas Direct Earn Option
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up to1.5
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$89
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20.49%
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5.99%for 5 months
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More details...
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3.9% Balance Transfers & 25,000 Bonus Skywards Miles
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1.5
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$229Current Deal
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20.99%
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3.9%for 9 months
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Go to site
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Reduced Annual Fee + 2,000 Bonus Reward Points per month
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1.5
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$395Save $145
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20.99%
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2.9%for 6 months
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Go to site
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Balance Transfer Offer
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up to1.5
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$250Current Deal
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19.99%
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1.99%for 12 months
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Go to site
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Balance Transfer & Bonus Points
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up to1.5
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$250Current Deal
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19.49%
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1.99%for 12 months
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Go to site
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up to1.5
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$290
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19.99%
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4.99%for 6 months
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Go to site
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32,000 Bonus Points
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up to1.5
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$295Current Deal
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19.64%
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-
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Go to site
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7,500 Bonus QFF Points Offer
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1.25
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$249Current Deal
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0%
for 6 months
then 20.74%
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-
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Go to site
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1.9% Balance Transfers
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1.25
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$249Current Deal
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20.99%
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1.9%for 6 months
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Go to site
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7,500 Bonus QFF Points
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1
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$0Current Deal
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0%
for 6 months
then 20.74%
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-
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Go to site
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Current Credit Card Deals & Offers
The market for credit cards is constantly changing so it can be hard to find the best credit card deals. Whether you want a low fee, low interest, balance transfer, or Frequent Flyer rewards credit card - you can compare credit card deals here to find the best credit card to suit your needs. Each month we will compare all our credit card offers from major Australian lenders and bring you our pick of new credit card deals. The service is free, but the value is immense!
The deals here include bonus reward points, 0% balance transfer offers, extended interest free credit cards, and many more. Of course not everyone is suited to the same type of credit card, so please ensure you consider the full terms and conditions of each card.
1.9% pa on Purchases For 12 Months
No annual fee for the first year, and the fee is waived in subsequent years when you spend $20,000 or more per annum. Link to your Westpac transaction or savings account for easy management, and enjoy up to 55 days interest free when you pay your closing balance in full each month.
This offer from Westpac includes:
- 3.99% pa for 6 months on balances transferred
- 1.9% pa for 12 months on purchases
- Up to 55 days interest free on purchases
- One additional card holder at no cost
Buy One Get One Free
When you purchase a domestic flight seat with Virgin Australia, you get a second seat on the same flight for free, up to 4 times per year. Virgin Credit Cards come with Visa's Zero Liability policy guarantee, ensuring you won't be held liable for fraudulent transactions made with your card.
Enjoy the Virgin Money difference with:
- 1.9% pa for 6 months on balance transfers
- 1.25 Velocity point per $1 spent
- 15,000 Bonus Points if you spend $5000 in first 3 months
- Additional cardholders available
3.99% pa for 6 Months on Balance Transfers
No annual fee for the first year, and the fee is waived in subsequent years when you spend $10,000 or more per annum. Link to your Westpac transaction or savings account for easy management, and enjoy up to 55 days interest free when you pay your closing balance in full each month.
This offer from Westpac includes:
- 3.99% pa for 6 months on balances transferred
- 0% pa for 5 months on purchases
- Up to 55 days interest free on purchases
- Low annual fee of just $30
2.9% Balance Transfer for 6 Months
If you don't like excess credit card fees then this will interest you. This Virgin Money credit card has no annual fee - ever! On top of that you can also transfer over an existing credit card debt and pay just 2.9% interest for the first 6 months.
Virgin Money credit card deal includes:
- $0 annual fee for the life of the card
- 18.99% pa interest rate on purchases
- Up to 44 days interest free
- Access to Virgin Family benefits
No Annual Fee
Coles has combined the humble credit card with their FlyBuys program to produce the Coles MasterCard. Earn FlyBuys points when you use your card, and then redeem the points at Coles stores. Take advantage of the FlyBuys partner network to earn bonus points.
This new credit card from Coles includes:
- Earn 1 FlyBuys point per dollar spent
- 19.99% pa interest rate on purchases
- Up to 62 days interest free
- MasterCard PayPass purchases under $100
20,000 Bonus Points
Complimentary membership to the Qantas Frequent Flyer program is just one of the benefits of this credit card. Features include up to 55 days interest free on purchases, access to Platinum Privileges such as 24 hour concierge or backstage concert passes, competitive balance transfer rates, and priority 24 hour customer service.
Great features from HSBC include:
- 2 Points per $1 spent overseas
- 1 Point per $1 spent in Australia
- 0% pa balance transfer for 6 months
- 2 invitiations to the Qantas Club lounge every year
0% pa Interest on Purchases
Pay 0% pa interest on purchases for the first 6 months, plus no annual fee for the first year. The annual fee is also waived in the second year if you make $20,000+ of eligible purchases during the first year. On top of all this you also enjoy 0% pa for 6 months on balance transfers.
This great deal from ANZ includes:
- 0% pa for 6 months on balance transfers
- $0 annual fee for the first year.
- Flexible travel payment options
- Additional cardholders available
Credit Card Types: Low Rate Low Fee Balance Transfer Top Rewards Qantas Frequent Flyer Compare all listed cards
Rewards Credit Cards
A rewards card is a credit card which offers rewards points for consumer purchases. These cards advertise a point per dollar rate where with each dollar spent, the customer can earn rewards points. The rewards points can then be redeemed with the rewards program from each institution.
The most popular rewards program in Australia is the Qantas Frequent Flyer program which offers flights and other products for redemption with rewards points earned. Other programs include the American Express Membership Rewards program, the Westpac Altitude program, the Velocity (Virgin) program and the Commonwealth Bank Awards program. The membership rewards program is vital in understanding the value of a rewards point earned on a credit card. If you earn one point per dollar with a rewards card, then the redemption rate is key. If one rewards program offers a $100 Myer voucher for 10,000 rewards points an the other program requires 30,000 rewards points, then the earn rate of the card is controlled by the redemption rate within the rewards program.
The Qantas Frequent Flyer program now requires that cards are nomimated as direct earn cards which means that they earn points directly into the Qantas program (in the past, consumers were able to earn points in their native card program and transfer points to Qantas at their discretion). There are direct earn cards available from all the major banks and providers.
With any rewards credit card you will gain maximum benefits if you use your card regularly. The more you spend the more points you earn. The flip side to this is that typically, these cards are not good cards to accrue any debt as they feature higher rates of interest than many other credit cards. Accordingly, it is wise not to choose a rewards credit card if you suspect that you may not be able to pay the outstanding balance in full each month. The interest you will end up paying on your debt will outweigh the benefits gained through rewards.
When used wisely, rewards credit cards can save you money. If you are someone who travels regularly a rewards card offering air miles and other travel bonuses such as complimentary flights, travel insurance or free upgrades all of which can be very valuable. Be sure to check all the fees and charges associated with the rewards card before you commit to applying. There might be a large annual fee or a high cash advance rate.
Also, look into the points scheme associated with the credit card you are considering. You will generally not earn points for balance transfers or cash advances. Are the points you earn capped i.e. can you only earn a certain amount each year? Do the points expire if you don’t use your card for a period of time? What are the redemption options –can you redeem with a mixture of points and money? Are you really aware of what points earned with be worth? Points can be worth different amounts depending on what you buy so it pays to be astute with points purchases and try to get the maximum possible points value.
Some rewards credit cards allow you to build up a collection of rewards points quite quickly. There might be bonus points available to new applicants or through bonus partners that you spend at key retailers regularly. A danger with rewards credit cards is the temptation to overspend just in an attempt to earn more points. Establish an understanding of the points earn rate and the value of each point withing the rewards program, but don’t overspend just to earn points - it will never be worth it – rewards points are just a nice add on to your regular spending patterns.
Compare Credit Cards
Compare credit cards from the following credit card providers...
Disclaimer:
WhistleOut is not suggesting that you apply for a particular credit card provided by any of the following credit providers, nor are we trying to assist you to apply for a credit card from any of the following providers. We recommend that you seek professional advice before acting upon any information provided on this web site.
WhistleOut may receive a commission from some credit card providers.