Best Credit Cards in Australia
May 12th, 2010
Australia’s best credit card deals are not hard to find, the hard part is knowing which of the best credit cards in AU is best for you.
Just because you have found a comparison here of the best Australian credit cards, doesn’t mean that you can pick just any one from our comparison tables and have it fit you perfectly. Instead, you will need to consider our list of the best credit cards in Australia as they relate to your needs, and whether a card is best for you, before you apply.
| Interest Rate (p.a.) | Balance Transfer Rate (p.a.) | Annual fee | Cash Advance Rate (p.a.) | ||
|---|---|---|---|---|---|
 St George Vertigo | 13.24% | 0.99% for 12 months | $55 | 21.49% |
|
 Bankwest Breeze MasterCard | 10.99% | 4.99% for 12 months | $69 | 21.99% |
|
 Citibank Clear Platinum Card | 11.99% | 2.9% for 12 months | $99 | 21.74% |
|
What Makes a Credit Card in Australia the Best?
Australia is lucky in a lot of ways and one of the luxuries a lot of us take for granted is that of choice. In Australia we are spoilt for choice in everything from careers, cars, home and handbags so it is no surprise there is also a wide range of choice when it comes to narrowing down the best credit card. Some of the features of Australia’s best credit cards include:
- An affordable credit limit. There are credit cards with limits of hundreds of thousands of dollars, and there are cards with no limits at all, but in the new decade, where we are all trying to be smarter with our money, a high credit limit is not always the best feature.
- Low fees. When you use a credit card you are using the bank’s money in lieu of your own and this often incurs fees. However, there are reasonable fees and then there are the fees which are just ridiculously high, and we have made sure the best credit cards we have narrowed down for you have a fair fee structure, which doesn’t try and catch you out.
- Easy to apply for. Not only can you usually apply for a new Australian credit card online, but you can also do so with as little as $15,000 a year in income.
- Rewards you in your way. Whether you want a specialised rewards program or whether you would feel more rewarded if you didn’t have to pay an annual fee, or with cash back credited to your account each month, you can be rewarded in a way which suits you.
How to Find Australia’s Best Credit Card
So you now know that there is not one credit card out there which is the best for all Australians, but how do you find the one which is best for you? Follow these simple searching and comparison tips to find a credit card deal which suits you:
- Don’t search the whole country, search here. Who has the time to search all of Australia looking for the best credit card deal? We do, and lucky for you we’re sharing the information in our easy to use and understand comparison tables. All the features, fees and interest rates are compared side by side so you can make an easy comparison without all of the hype from the provider about the benefits, which is trying to distract you from the fees.
- Don’t be distracted by features you don’t need. When there is a lot of hype about a credit card feature, it is easy to consider it is something you need on your card. However, stick to the features of a credit card deal which you know you need and which won’t get you into trouble, and then consider whether there is something missing which could be found on a more expensive card.
- Know which features you need. Some Australian credit card companies aim to pack the most features possible into their credit card deals to justify their high fees or interest rates. However, this is a common trap for credit card users who sign up for a card with all these added features so they feel they are getting value for their money, but in reality you don’t use all of these ‘value-added’ features anyway. So consider whether you need free travel insurance when you don’t even have a passport, and do you need a rewards program on your credit card if you keep in it a drawer just for emergencies?
To start comparing the best credit cards in AU for you, view our comparison tables here. You will then be able to link directly via a secure link to an online application form on the provider’s website. An online credit card application can take just minutes and you’ll be on your way to having Australia’s best credit card in your wallet.
Check out the latest credit cards deals
Editors Choice: Featured Credit Card Deals
| Interest Rate (p.a.) | Balance Transfer Rate (p.a.) | Annual fee | Cash Advance Rate (p.a.) | ||
|---|---|---|---|---|---|
 Westpac 55 Day Credit Card | 0% for 5 months (reverts to 19.59% ) | 3.99% for 6 months | $0 | 21.49% |
|
Citibank Clear Platinum Card | 11.99% | 2.9% for 12 months | $99 | 21.74% |
|
