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Compare the Best Credit Cards in Australia

Sean Callery Editor Money.com.au

Written By

Sean Callery

Australia's best credit card offers and comparison. There are over 260 credit cards. All with different rates, points, bonuses, interest free days and much more to choose from.

Compare the Best Credit Cards in Australia

Sean Callery Editor Money.com.au

Written By

Sean Callery

Australia's best credit card offers and comparison. There are over 260 credit cards. All with different rates, points, bonuses, interest free days and much more to choose from.

Featured credit card offers

Sponsored

SPECIAL OFFER

American Express Qantas Ultimate Card

Earn 50,000 Bonus Qantas Points

American Express Qantas Ultimate Card

When you apply online by 14 January 2025, are approved, and spend $3k on eligible purchases on your new card within the first 3 months of approval. T&Cs apply. New Amex members only.

View card

 

Citi Rewards Credit Card - Purchase and Balance Transfer Offer

0% p.a. for 15 months on purchases & balance transfers

Citi Rewards Credit Card

Balance transfer reverts to cash advance rate. T&Cs apply. This product is provided by National Australia Bank Limited, using certain trademarks temporarily under licence from Citigroup Inc.

View card

SPECIAL OFFER

The_American_Express_Explorer

Receive 50,000 Bonus Membership Rewards Points

American Express Explorer® Credit Card

When you apply online, are approved, and spend $4k on eligible purchases on your new card within the first 3 months. T&Cs apply. New card members only.

View card

Sponsored: Citi Rewards Credit Card - Citi Bonus Points Offer

Points per $1

1

On everyday spend

Sign up bonus

100,000

Citi reward Points

Intro annual fee

$99

12 months

Then $199 p.a.

Purchase rate

21.49%

Per annum

Interest free

Up to 44

Days

Money’s take

Please note, this product is provided by National Australia Bank Limited, using certain trademarks temporarily under licence from Citigroup Inc. Get 100,000 bonus Citi reward Points when you spend $5,...

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Pros

  • Intro offer - 100,000 bonus Citi reward Points (that's $400 when you Pay with Points)
  • Annual fee reduced to $99 for first year
  • Earn reward points for eligible spend
  • Complimentary Mobile Phone Insurance when you pay your monthly mobile plan bill with your Citi Rewards Credit Card.
  • 10% off (up to $250) selected hotel offers with Luxury Escapes when booked by 1 March 2025
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Cons

  • High interest rate on purchases
  • High foreign exchange fees
  • Fee applies for additional cards
info

Additional information

      • Card Type: Mastercard

      Discover your best credit card option

      We have nothing to hide, so we don’t put credit cards behind a filter if they don’t pay us. See how it works.

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      Rates updated 10 October 2024

      Top 10 best credit cards & offers in Australia (our picks for October 2024)

      1

      Low interest rate

      G&C Mutual Bank Low Rate Visa Credit Card: 7.49% p.a. interest rate on purchases, with $50 annual card fee.

      2

      No annual fee credit card

      Virgin Money No Annual Fee Credit Card: $0 annual fee, with 0% p.a. on purchases for 6 months (reverts to 19.99% p.a.)

      3

      Longest 0% balance balance transfer offer

      NAB Low Rate Card balance transfer offer: 0% on balance transfers for 28 months, then reverts to 21.74% p.a. Annual fee is $0 in first year, then $59. Balance transfer fee of 2% applies.

      4

      Biggest rewards sign up bonus

      American Express® Platinum Business Card: 350,000 Membership Rewards® Bonus Points when you apply by 5 November 2024, are approved and spend $12k on eligible purchases on your card within 3 months. New card members only. T&Cs apply.

      5

      Highest rewards card earn rate

      Bankwest More World Mastercard: Earn 2.5 points per $1 spent on eligible purchases. 19.99% p.a. on purchases, with $270 annual fee.

      6

      Interest-free credit card

      Citi Rewards Credit Card: 0% p.a. for 15 months on purchases & balance transfers. Balance transfer reverts to cash advance rate. T&Cs apply. Annual fee: $199

      7

      Top Qantas frequent flyer card

      Qantas American Express Ultimate Card: Up to 1.25 Qantas Points per $1 spent on everyday purchases (uncapped earning potential*). Plus, earn 50,000 bonus Qantas Points when you apply online by 14 January 2025, are approved, and spend $3k on eligible purchases on your new card within the first 3 months of approval. T&Cs apply. New Amex members only. Annual fee: $450.

      8

      Top Velocity frequent flyer card

      Virgin Money Velocity High Flyer Card: 1 Velocity Point per $1 spent on eligible transactions up to $8k per statement period, then 0.5 points per $1. Extra points for spending with Virgin Australia. Plus up to 80,000 bonus points when you sign up and meet the offer spend conditions. Two lounge passes, travel insurance and a $129 travel voucher thrown in too. Annual fee: $329.

      9

      Travel credit card

      Bendigo Ready Credit Card: 0% international transaction fees with travel insurance included and $0 annual card fee. Purchase rate of 19.99% p.a. with up to 55 interest free days

      10

      Top business rewards card offer

      American Express® Qantas Business Rewards Card: Earn 130,000 bonus Qantas Points when you apply by 14 January 2025, are approved and spend $3k on eligible purchases on your new card within 2 months of approval. T&Cs apply. New Amex Card Members only. Annual card fee: $450.

      Credit card news – October 2024

      Sean Callery Editor Money.com.au

      Sean Callery, Editor

      If you have a mortgage, you’ll have noticed the constant speculation about when rates will come down. But why do we not hear more about credit card rates when more Australians have a credit card than a home loan? Part of it is simply that credit card rates are less volatile. Between April 2022 and July 2024, home loan rates more than doubled (+134%) as the Reserve Bank took action to tackle inflation. What happened to credit card rates in that same period? They barely moved (+7.7%). The takeaway: if the RBA lowers rates, don’t expect much impact on your credit card. Switching cards is the best way to get a rate cut.

      Sean Callery, Editor

      What's the best credit card type for you?

      How they work: Low rate credit cards are designed to be a relatively cheap credit card option based on the interest rate. They are usually fairly basic in terms of the features, perks and rewards on offer.

      Purpose: Often used by people who will occasionally have an outstanding balance that interest is charged on. Offers payment flexibility while keeping costs lower than some other credit cards.

      Interest rates: 0.00% - 13.99% p.a.

      What's good: Access credit at a relatively low rate (rates may even be lower than a personal loan in certain situations.)

      What to watch for: Cards where the low interest rate is based on a special introductory offer that will revert to a higher rate later on.

      How it works: Interest-free credit cards charge no interest, but usually come with a monthly fee for using the card instead. Some standard credit cards offer a 0% introductory rate for a limited period.

      Purpose: These are basic cards designed for light usage, as the credit limit is generally capped at $1,000 - $3,000. They may be handy as an emergency/backup source of funds. If you don't use the card, it likely won't cost you anything.

      Interest rates: 0% either ongoing or for an introductory period.

      What's good: No interest and low credit limits mean there is a cap on the cost and how much debt you can build up.

      What to watch for: Monthly fees can be relatively expensive. If you actually use the card, it may not be any cheaper than a standard credit card. These cards also typically do not offer rewards.

      How they work: A type of no-frills credit card with no annual fee. It can help keep costs as low as possible, particularly for people who only use their card for emergencies, and/or repay their balance in full each month. Note, credit cards with no annual fee won’t necessarily have a low interest rate.

      Purpose: An option for people who rarely use their credit card and don’t want the kinds of perks that come with more expensive cards.

      Interest rates: 8.99% - 23.99% p.a.

      What's good: Depending on how you use it, the card might cost you absolutely nothing, ever.

      What to watch for: No annual fee offers that are only for the first year, or conditional on you sending a minimum amount in a set period.

      How they work: Rewards credit cards are linked to a rewards program that allows you to earn points when you spend, and redeem those points for rewards like cashback, gift cards, hotel stays, and shopping across a wide range of products.

      Purpose: Rewards credit cards are all about earning points and getting access to more premium card features, like complimentary insurance.

      Interest rates: 12.49% - 23.99% p.a.

      What's good: Allows you to earn points for spending you would be doing anyway.

      What to watch for: Cards that lure you in with rewards sign-up offers and perks, but have very high fees, interest rates or restrictive caps on the number of points you can earn.

      How they work: Frequent flyer credit cards are rewards cards, tailored to customers who travel a lot. The rewards and benefits of the card are geared towards frequent travellers (e.g. points earning and redemption on flights and accommodation, airport lounge access, travel vouchers and travel insurance). Most commonly these cards are Velocity or Qantas credit cards.

      Purpose: Earn and redeem points and other perks on travel related spending.

      Interest rates: 12.49% - 23.99% p.a.

      What's good: More targeted and valuable rewards for the right cardholder.

      What to watch for: Cards that offer very niche travel perks that are only worthwhile if you fly often and spend a decent amount of time overseas.

      How it works: Balance transfer credit cards allow you to transfer the balance of an existing credit card, and pay 0% interest on that balance for a period of time. Balance transfers can be available with low rate or reward cards.

      Purpose: Consolidate credit card debt and pay it off during the limited-time 0% interest period.

      Interest rates: 0% during the balance transfer period but reverting to higher rates from 8.99% - 23.99% p.a.

      What's good: The 0% interest periods available can be quite generous – up to 24 months, depending on the card.

      What to watch for: Balance transfer fees that sometimes apply, either as a flat fee or a percentage of the balance being transferred. There are also no interest-free days on new purchased during the balance transfer period.

      How it works: Premium credit cards generally have the highest annual fees, credit limits and offer the most rewards. Gold, platinum, and black credit cards are all premium versions of standard credit cards, and often require the cardholder to spend a certain amount of money to access benefits.

      Purpose: Designed to maximise rewards and perks for high income, high spenders.

      Interest rates: 19.99% - 23.99% p.a.

      What's good: High-end perks, some of which may be exclusive to cardholders.

      What to watch for: The temptation to spend more than you can afford in an effort to chase premium card rewards.

      Travel credit cards Travel credit cards allow you to earn frequent flyer points that can be used towards flights, accommodation, and other travel perks. Some come with additional travel-friendly features like 0% foreign transaction fees.

      Cashback credit cards Cashback credit cards reward a percentage of your spending as credit. Alternatively, you can get your cash back in other forms such as gift cards.

      Business credit cards Business credit cards are designed to offer a line of credit for business customers. All of the perks of personal credit cards also apply to business cards such as rewards schemes, interest-free days, and balance transfers. Corporate credit cards are designed for larger businesses.

      Charge cards Charge cards are very similar to credit cards, but there is no set credit limit and the cardholder must pay off the full balance each month. There are no interest charges on charge cards.

      Student credit cards Student credit cards are targeted specifically towards students who have little to no credit history. These are usually a fairly basic credit card, with low costs and few significant perks.

      Store credit cards Store credit cards are offered by specific retailers to earn points as part of their rewards program. The other aspects of the cards will be similar to standard credit cards. Store credit cards are no longer widely available in Australia.

      How to compare credit cards

      To compare credit cards, start by figuring out how you plan to use the card. It’s important to get a card that matches your spending habits.

      But here are some key factors to look at across the board, whichever type of card you need.

      The best credit cards will have...
      diamond

      Useful rewards

      Look for cards offering rewards you'll actually use. And pay close attention to the conditions you need to meet to be eligible. For example, you might only get bonus points for signing up if you spend a certain amount after getting your card.

      sale

      Competitive interest rates

      This is the cost of borrowing using your credit card. You'll pay interest on purchases if you have a balance outstanding after the interest-free period each month, and a separate rate of interest on cash advances (with no interest-free period typically).

      calendar-check

      High interest-free days

      This is the maximum number of days you have from the start of each statement period before you're charged interest on purchases. Ideally you want a card with a high number of interest-free days – e.g. 55 days or more.

      piggy bank

      Low credit card fees

      Credit card annual fees can range from $0 all the way up to $1,750. There are other fees that might apply depending on how you use the card. If a card charges fees, consider what you're getting in return

      Credit card fees explained

      • Annual fee This can range from $0 to well over $1,000 for premium rewards cards. It's fairly common for credit cards to have the annual fee waived in the first year, or every year if you spend a certain amount.
      • Extra cardholder fee Some lenders charge an additional yearly fee for each extra card that’s part of your account. There is generally a limit on how many extra cards you can add to your account.
      • Foreign currency conversion fee This is charged on transactions made in a foreign currency (even if you're in Australia when you make the purchase). This generally ranges from 2-3% but there are a number of credit cards with no international fees.
      • Late payment fee If you don't make at least the minimum repayment on your credit card by the due date, you could be charged a late payment fee. This fee generally ranges from between $10 to $35 depending on the provider.
      • Over limit fee This is a fee that may be charged if your balance exceeds the limit on your credit card limit.
      • Cash advance fee Using your credit card to withdraw cash can cost you up to 5% of the withdrawn amount in fees, plus interest.
      • Foreign currency cash advance If you are in a foreign country and withdraw cash from your credit card, then you could be charged a foreign currency cash advance fee as well as the standard ATM fees.
      • Balance transfer fee Some cards with a balance transfer offer (but not all) charge an upfront fee of between 1-3% of the balance you're transferring. That fee will be in addition to the card's annual fee.
      • Dishonour of direct credit fee If you are paying off your credit card balance by direct credit and you dishonour that payment, then you may be charged a dishonour fee of up to $2.50.
      • Replacement card fee It can cost you up to $25 to have a replacement issued if you lose your card or make it unusable.

      What credit card insurance can I get?

      Your credit card may include various types of complimentary insurance and protection (particularly if it's a more premium card). Here are the most common inclusions:
      globe

      Travel insurance

      Covers the likes of emergency medical expenses, loss or theft of personal belongings, and flight cancellation. Credit card travel insurance may cover international and/or domestic travel.

      car

      Rental car insurance

      May cover theft, damage, towing and other charges related to your rental vehicle. This often simply covers the excess on the insurance available through the car rental company.

      shield-dollar

      Price protection

      Covers the cardholder for changes to product prices and allowing you to claim the difference as a refund.

      credit-card-shield

      Purchase protection

      Covers accidental damage, loss or theft of items you have paid for using your card.

      Calendar check icon

      Extended warranty cover

      This means items you purchase using your card may be covered for defects for longer than they would be if the standard manufacturer warranty applied.

      How to qualify for a credit card in Australia

      Qualifying criteria for credit cards will vary between cards and issuers. To qualify for the majority of credit cards in Australia, you will need to meet some basic requirements:

      • Be at least 18 years old
      • Be an Australian citizen, permanent resident or hold an eligible visa
      • Have a reliable source of income
      • Have good credit score

      If you are a temporary resident, or have bad credit, you could still get approved for a credit card. The number of cards to choose from will be limited, however, and you may need to supply additional supporting documentation with your application.

      How to apply for a credit card

      You can apply for a credit card online over the phone, at a bank, and even at the checkout at certain stores. A typical credit card application process can take between 15 and 20 minutes.

      As part of the application, you’ll need to provide the card issuer with supporting documentation. This is so they can assess your ability to comfortably meet repayments, and to determine your credit limit. You’ll be asked for:

      1

      Personal details

      2

      Valid ID, such as a driver licence or passport

      3

      Employment history and current salary (verified with payslips)

      4

      Your assets - such as your home and motor vehicle

      5

      Your current expenses and other loans you may have

      Remember, a declined application could affect your credit score, and make it difficult to gain approval for a loan or credit card in the future.

      Credit card pros and cons

      Pros
        greenTickCircle
      • Financial back up if you need it
      • greenTickCircle
      • Offers payment and cash-flow flexibility
      • greenTickCircle
      • Some cards come with no annual fees and/or 0% interest
      • greenTickCircle
      • Insurance and fraud protection often included
      • greenTickCircle
      • A lot of cards offer rewards
      • greenTickCircle
      • If repaid in full consistently, may help build your credit score
      Cons
        redCrossCircle
      • Can encourage overspending
      • redCrossCircle
      • High interest rates and fees on some cards
      • redCrossCircle
      • Not always obvious if rewards and perks are worth the cost
      • redCrossCircle
      • Your card limit could impact future loan applications
      • redCrossCircle
      • Cash advances can be particularly expensive
      • redCrossCircle
      • Can damage your credit score if you miss repayments
      Bad credit debt consolidation loans

      Is a credit card worth it for me?

      (Expert tips)

      If used responsibly, a credit card can be a handy tool for your day-to-day finances. But they're not for everyone, explains David Rankin, financial coach at Sort My Money and former bank manager at ANZ and Westpac.

      Your questions answered

      The vast majority of credit cards include interest-free days, where the card issuer will only charge interest on a purchase after a set period of time. If you pay off your card’s balance within this period you generally won’t need to pay any interest.

      Interest-free days vary, but it’s common for credit cards to include an interest-free period of 55 days.

      With most cards, your interest-free days start on the first day of your statement period, and not on the day you make a purchase. Here’s an example:

        circle-green-tick
      • Your credit card offers 55 days interest-free purchases
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      • Your interest-free days will begin on the first day of your statement period
      • circle-green-tick
      • Your statement period begins on 1 November
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      • Your statement period ends on 30 November
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      • Any purchases made between that period will not accrue interest until 25 December

      Most lenders require you to have good credit before they issue you a credit card. You can request a copy of your credit history from any of the main credit agencies in Australia before applying for a card.

      It's generally more difficult to be approved for a credit card if you have a bad credit score. That said, a bad credit score does not automatically disqualify you from getting a credit card. It will come down to your individual circumstances and the lender.

      But you should think carefully about whether it will be suitable for you if you have bad credit. It may be worth spending some time improving your credit score before applying.

      Remember, having a credit card application declined could damage your credit score further.

      You can still get a credit card with no credit, provided you have a stable source of income and are in a good overall financial position. You may only be able to get approval based on a low credit limit if you have a limited credit history.

      Cards that have a low credit limit are easier to get approved for than those that have high limits. Standard credit cards that don’t have a lot of extras or additional fees may also be easier to get approved for than gold, platinum, or black credit cards.

      In most cases, the card’s annual fee is the main cost of your credit card. But the cost of a credit card will depend on the type of card you apply for, and how you use it. You can often reduce the cost of your credit card by qualifying for interest-free days, and always repaying your balance in full each statement period.

      If you let interest build up, credit cards can be very expensive.

      The credit limit of your credit card is the total amount of funds the lender makes available for your to borrow any given time (i.e. the maximum outstanding balance).

      The limit offered to you by a lender will depend on your:

        circle-green-tick
      • Income
      • circle-green-tick
      • Credit score
      • circle-green-tick
      • General financial health

      The minimum and maximum credit limit will also depend on the type of credit card. For example, a premium credit card may have a minimum limit of $15,000 and a maximum of $100,000, while a student credit card may have a minimum limit of $500 and a maximum of $10,000.

      Choosing a suitable credit limit is important as the available limit on your credit card (not the balance) will be considered by lenders if you make a loan application in future.

      According to the RBA, the average credit card limit in Australia is around $9,500.

      You can increase the credit limit on your credit card by calling your card issuer. The amount that you can increase your credit card limit to will be determined by the issuer and will often be subject to a credit check before additional funds will be made available.

      Approval of an initial credit card application can be very quick – within minutes if you apply online. However, it’s common to be asked to provide documents, like payslips and bank statements, in order for your application to be assessed in full.

      Overall, a lot of people can get approved with a day or two and have their credit card ready to use within 1-2 weeks.

      If you have applied for a credit card and wish to cancel your application, you will need to call the card issuer and ask them to process your request. If you were issued with an application number or reference when submitting your application, you can provide this to help speed up the process.

      You can save on interest and fees by consolidating debt from multiple cards into one. This is called a balance transfer. You may find balance transfer cards with a 0% interest introductory offer to help you repay your debt without accruing further interest.

      You can avoid paying interest on your credit card by repaying the full amount at the end of your statement period. You can also consider changing to a low-interest or interest-free credit card if you will carry the balance over from month to month.

      Another option is a charge card which works similarly to a credit card but with no interest applying. However, you need to clear the balance in full each month. Only American Express offers charge cards to consumers in Australia.

      The number of credit cards you can have is determined by the card issuer(s). There is no hard limit, and many people use multiple cards with different rewards structures to take advantage of various promotions.

      Each application will be assessed separately by the lender, based on your ability to repay the balance comfortably.

      Be aware, however, that multiple cards with a high combined credit limit can negatively impact your credit score.

      Additional credit cards are offered to people who are approved for a card and want to pass on a secondary card to a spouse or other family member.

      The person who uses the card must be over 18 years of age. You remain responsible for paying the balance, interest, and fees on the supplementary credit card.

      You can usually activate a credit card through the provider’s mobile app or online banking. Once the card is activated, it’s ready to use and add to your device’s mobile wallet for mobile payments.

      You can cancel your credit card by calling your card issuer. A representative will inform you of the next steps and how you can pay off your remaining balance if necessary.

      You should dispose of old credit cards securely to prevent anyone from accessing your financial information. To properly dispose of your card, you will need to cut it up with scissors and disable the card’s chip.

      Sean Callery is the Editor of Money.com.au. He has over 15 years of international experience. He is qualified with a Certificate IV in Finance and Mortgage Broking (FNS40821) and is compliant to provide general advice in Tier 1 General Insurance (RG 146) products.

      Shaun McGowan is the founder of Money.com.au. He's determined to help people and businesses pay as little as possible for financial products, through education and building world class technology. Previously Shaun co-founded CarLoans.com.au and Lend.

      Important information

      General information only

      The information on this page is general in nature and has been prepared without considering your objectives, financial situation or needs. You should consider whether the information provided and the nature of the credit card product is suitable for you and seek independent financial advice if necessary.

      We are not providing you with a recommendation or suggestion about a particular credit product. You should read the relevant disclosure statements or other offer documents before deciding whether to apply for or continue to hold a particular credit card.

      What products, features and information are shown

      While we make every effort to ensure all credit cards available in Australia are shown in our comparison tables, we cannot guarantee that all products are included. Where we become aware of a card that is missing from our tables, we commit to adding it within one business day.

      Our product comparisons may not compare all card features and attributes relevant to you.

      Product information, such as interest rates, fees and charges, is subject to change without notice. Before acting on any information, you should confirm the relevant product information with the card issuer. While we do our best to ensure the information provided on this website is accurate, all information on this website is provided without any representation or warranty, either express or implied, being given as to the accuracy, completeness, timeliness, reliability or otherwise of its content. No responsibility is accepted by us for any errors, omissions or any inaccurate information on this website.

      How cards are sorted and filtered by default

      Users can easily change the sort order and apply product filters to our product comparison tables. However, when you arrive on a page initially or select a particular card type via the ‘card features’, a default sort order is applied as follows:

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      • Default sort (main credit card page): Consumer credit cards sorted by lowest ongoing annual fee, then the highest number of reward points earned per $1 spent, then alphabetically by provider/product name.
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      • No annual fee cards: Consumer credit cards sorted by lowest ongoing annual fee, then the highest number of reward points earned per $1 spent, then alphabetically by provider/product name.
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      • Low rate cards: Consumer credit cards sorted by lowest purchase rate, then lowest ongoing annual card fee, then alphabetically by provider/product name.
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      • Balance transfer cards: Consumer credit cards sorted by lowest balance transfer rate, then longest duration of BT offer, then lowest ongoing annual card fee, then alphabetically by provider/product name.
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      • Rewards and frequent flyer cards: Consumer credit cards sorted by highest rewards/FF points per dollar earned on everyday purchases, then lowest ongoing annual card fee, then lowest purchase rate, then alphabetically by provider/product name.
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      • Cashback cards: Consumer credit cards sorted by highest cashback per dollar earned, then lowest ongoing annual card fee, then lowest purchase rate, then alphabetically by provider/product name Interest-free cards/offers: Consumer credit cards sorted by longest 0% purchase rate offer period, then lowest ongoing purchase rate, then lowest ongoing annual card fee, then alphabetically by provider/product name
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      • Credit cards with lounge access: Consumer credit cards sorted by highest number of free lounge passes, then lowest to highest ongoing annual card fee, then highest to lowest points per dollar earned on everyday spending, then lowest purchase rate, then alphabetically by provider/product name.
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      • No international fee cards/cards with travel insurance: Consumer credit cards sorted by lowest ongoing annual card fee, then highest points per dollar earned on everyday spending, the lowest purchase rate, then alphabetically by provider/product name.
      • circle-green-tick
      • Business/corporate credit cards: Business cards sorted by highest points per dollar earned on everyday spending, then lowest ongoing annual card fee, then lowest ongoing purchase rate, then alphabetically by provider/product name.

      We may earn a commission from product providers if you are issued with a credit card via a link from this page. Cards marked as ‘sponsored’ are not selected or positioned on the page based on their product attributes. However, in our comparison tables, products are displayed based on the relevant default sort order and filters applied for that card type, or the sort order and filters selected by a user. We do not sort or filter comparison tables based on whether or not we will make money from a particular card, but we may earn a commission if you are issued with a card via a link from our organic comparison tables.

      *From 10 January 2024, once you have earned a total of 100,000 Qantas Points on your Card Account in a calendar year, your earn rate of 1.25 Qantas Points per $1 spent will change to 1 Qantas Point per $1 spent on everyday purchases. All other earn rates (Qantas products and services and government spend) will remain unchanged. The points threshold is based on eligible Qantas Points earned during a calendar year and will be reset on 1 January each year. Qantas Points earned by all Card Members on a Card Account contribute to the 100,000 points threshold each calendar year. Bonus points earned from Acquisition bonus offers and marketing campaigns are excluded from the threshold.

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      Money Pty Ltd (trading as Money) (ABN 42 626 094 773) Australian Credit Licence 528698 provides information about credit products. Money does not compare all products or issuers available in Australia. We are not a broker or credit provider and when we provide information via this website, we are not providing you with a recommendation or suggestion about a particular credit product. We may receive a commission when you apply for a home loan as a result of outbound links on this website.

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      Money is a corporate authorised representative (CAR 001307399) of 62 Consulting Pty Limited (ABN 88 664 809 303) (AFSL 548573) (62C)
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