Home

Compare & Save on

Interest free credit cards

  • Interest free credit cards get a lot of, well, interest from financially savvy types. Basically, they give you the flexibility to spend money on credit (and possibly earn rewards points) and pay no interest at all, for a certain period of time.

  • How do interest free credit cards work?

    Interest free credit cards are offered to new customers as an incentive for switching credit cards. Some credit cards will have interest free rates for purchases but you can also get intro rates when you transfer a balance from another credit card. A 0% purchase rate, for example, lets you make purchases on your credit card without a charge for a set period of time.

  • Are there any tricks and traps with interest free credit cards?

    There are indeed. Some cards will revert to high cash advance rates for balances not paid off within the interest free period. And most cards don't apply the intro period to such things as cash advances.

Credit card comparisons on MozoRates updated daily

  • Virgin Money Virgin Australia Velocity Flyer Card - Purchase Rate Offer

    Virgin Money Virgin Australia Velocity Flyer Card - Purchase Rate Offer

    • 0% p.a. on balance transfers for 6 months
    • 0% p.a. on purchases for up to 12 months
    • Exclusive reduced flights offer when you and a friend travel together. Conditions apply

    Purchase Rate

    0% for 12 months then 20.74%

    Annual Fee

    $129

    Balance Transfer Rate

    0% for 6 months and then 20.99%

    Go to site
    • 0% p.a. on balance transfers for 6 months
    • 0% p.a. on purchases for up to 12 months
    • Exclusive reduced flights offer when you and a friend travel together. Conditions apply
    Fees
    • Balance transfer rate: 0% for 6 months and then 20.99%
    • Annual fee: $129
    • Purchase rate: 0% for 12 months then 20.74%
    • Interest free days: 44
    • Interest rate on cash withdrawals: 20.99%
    • Fee for cash withdrawals: 2.7%, Min $2.70
    Overall rating

    5.6

    Based on 40 Virgin Money credit card reviews

    Need more information?
    Find out more

    More info

  • NAB Low Rate Card

    NAB Low Rate Card

    • 0% p.a. on purchases for the first 12 months
    • 4.99% p.a on balance transfers for 6 months
    • Secure online application. Get a response in 60 seconds.

    Purchase Rate

    0% for 12 months then 13.99%

    Annual Fee

    $59

    Balance Transfer Rate

    4.99% for 6 months

    Go to site
    • 0% p.a. on purchases for the first 12 months
    • 4.99% p.a on balance transfers for 6 months
    • Secure online application. Get a response in 60 seconds.
    Fees
    • Balance transfer rate: 4.99% for 6 months
    • Annual fee: $59
    • Purchase rate: 0% for 12 months then 13.99%
    • Interest free days: 55
    • Interest rate on cash withdrawals: 21.74%
    • Fee for cash withdrawals: 1.75%, Min $1.75
    Overall rating

    7.2

    Based on 758 NAB credit card reviews

    Need more information?
    Find out more

    More info

  • Bank of Melbourne Vertigo

    Bank of Melbourne Vertigo

    • 0% p.a. on balance transfers for the first 18 months
    • 0% p.a. on purchases for the first 3 months
    • Up to 55 interest free days on purchases

    Purchase Rate

    0% for 3 months then 13.24%

    Annual Fee

    $55

    Balance Transfer Rate

    0% for 18 months and then 21.49%

    Go to site
    • 0% p.a. on balance transfers for the first 18 months
    • 0% p.a. on purchases for the first 3 months
    • Up to 55 interest free days on purchases
    Fees
    • Balance transfer rate: 0% for 18 months and then 21.49%
    • Annual fee: $55
    • Purchase rate: 0% for 3 months then 13.24%
    • Interest free days: 55
    • Interest rate on cash withdrawals: 21.49%
    • Fee for cash withdrawals: 2%, Min $2.50
    Overall rating

    7.9

    Based on 31 Bank of Melbourne credit card reviews

    Need more information?
    Find out more

    More info

  • NAB Premium Card - Online Offer

    NAB Premium Card - Online Offer

    • 0% p.a. on balance transfers for 18 months (2% balance transfer fee applies)
    • Complimentary insurances including overseas travel insurance
    • Up to 44 days interest free on purchases

    Purchase Rate

    19.74%

    Annual Fee

    $90

    Balance Transfer Rate

    0% for 18 months (2.00% handling fee)

    Go to site
    • 0% p.a. on balance transfers for 18 months (2% balance transfer fee applies)
    • Complimentary insurances including overseas travel insurance
    • Up to 44 days interest free on purchases
    Fees
    • Balance transfer rate: 0% for 18 months (2.00% handling fee)
    • Annual fee: $90
    • Purchase rate: 19.74%
    • Interest free days: 44
    • Interest rate on cash withdrawals: 21.74%
    • Fee for cash withdrawals: 1.75%, Min $1.75
    Overall rating

    7.2

    Based on 758 NAB credit card reviews

    Need more information?
    Find out more

    More info

  • Westpac Low Rate - Online Only Offer

    Westpac Low Rate - Online Only Offer

    • 0% p.a. rate on balance transfers for 18 months when requested at card application
    • 0% p.a. on purchases for the first 3 months
    • Online only offer for applications approved by 30 September 2015

    Purchase Rate

    0% for 3 months then 13.49%

    Annual Fee

    $59

    Balance Transfer Rate

    0% for 18 months and then 21.49%

    Go to site
    • 0% p.a. rate on balance transfers for 18 months when requested at card application
    • 0% p.a. on purchases for the first 3 months
    • Online only offer for applications approved by 30 September 2015
    Fees
    • Balance transfer rate: 0% for 18 months and then 21.49%
    • Annual fee: $59
    • Purchase rate: 0% for 3 months then 13.49%
    • Interest free days: 55
    • Interest rate on cash withdrawals: 21.49%
    • Fee for cash withdrawals: 2%, Min $2.50, Max $150
    Overall rating

    7.3

    Based on 734 Westpac credit card reviews

    Need more information?
    Find out more

    More info

  • Coles Low Rate MasterCard

    Coles Low Rate MasterCard

    • Get $10 off your Coles Supermarket Shop, instantly at the till, every time you redeem 2,000 flybuys points.
    • 11.99% p.a. Interest Rate on purchases and a low $49 Annual Fee.
    • Collect 1 flybuys point for every $2 you spend at Coles Supermarkets.

    Purchase Rate

    11.99%

    Annual Fee

    $49

    Balance Transfer Rate

    0% for 6 months

    Go to site
    • Get $10 off your Coles Supermarket Shop, instantly at the till, every time you redeem 2,000 flybuys points.
    • 11.99% p.a. Interest Rate on purchases and a low $49 Annual Fee.
    • Collect 1 flybuys point for every $2 you spend at Coles Supermarkets.
    Fees
    • Balance transfer rate: 0% for 6 months
    • Annual fee: $49
    • Purchase rate: 11.99%
    • Interest free days: 62
    • Interest rate on cash withdrawals: 19.99%
    • Fee for cash withdrawals: 3%, Min $1.95
    Overall rating

    6.4

    Based on 86 Coles credit card reviews

    Need more information?
    Find out more

    More info

  • St.George Vertigo

    St.George Vertigo

    • 0% p.a. on balance transfers for the first 18 months
    • 0% p.a. on purchases for the first 3 months
    • Up to 55 interest free days on purchases

    Purchase Rate

    0% for 3 months then 13.24%

    Annual Fee

    $55

    Balance Transfer Rate

    0% for 18 months and then 21.49%

    Go to site
    • 0% p.a. on balance transfers for the first 18 months
    • 0% p.a. on purchases for the first 3 months
    • Up to 55 interest free days on purchases
    Fees
    • Balance transfer rate: 0% for 18 months and then 21.49%
    • Annual fee: $55
    • Purchase rate: 0% for 3 months then 13.24%
    • Interest free days: 55
    • Interest rate on cash withdrawals: 21.49%
    • Fee for cash withdrawals: 2%, Min $2.50
    Overall rating

    6.9

    Based on 182 St.George credit card reviews

    Need more information?
    Find out more

    More info

  • BankSA Vertigo Platinum

    BankSA Vertigo Platinum

    • 0% p.a. on balance transfers for the first 20 months
    • 0% p.a. on purchases for the first 3 months
    • $99 annual fee

    Purchase Rate

    0% for 3 months then 12.74%

    Annual Fee

    $99

    Balance Transfer Rate

    0% for 20 months and then 21.49%

    Go to site
    • 0% p.a. on balance transfers for the first 20 months
    • 0% p.a. on purchases for the first 3 months
    • $99 annual fee
    Fees
    • Balance transfer rate: 0% for 20 months and then 21.49%
    • Annual fee: $99
    • Purchase rate: 0% for 3 months then 12.74%
    • Interest free days: 55
    • Interest rate on cash withdrawals: 21.49%
    • Fee for cash withdrawals: 2.0%, Min $2.50
    Overall rating

    6.8

    Based on 41 BankSA credit card reviews

    Need more information?
    Find out more

    More info

  • St.George Amplify Signature (Qantas)

    St.George Amplify Signature (Qantas)

    • 0% p.a. on purchases for the first 3 months
    • 0% p.a. on balance transfers for 16 months
    • Our highest uncapped points earn rate

    Purchase Rate

    0% for 3 months then 19.49%

    Annual Fee

    $279

    Balance Transfer Rate

    0% for 16 months and then 20.74%

    Go to site
    • 0% p.a. on purchases for the first 3 months
    • 0% p.a. on balance transfers for 16 months
    • Our highest uncapped points earn rate
    Fees
    • Balance transfer rate: 0% for 16 months and then 20.74%
    • Annual fee: $279
    • Purchase rate: 0% for 3 months then 19.49%
    • Interest free days: 55
    • Interest rate on cash withdrawals: 20.74%
    • Fee for cash withdrawals: 2%, Min $2.50
    Overall rating

    6.9

    Based on 182 St.George credit card reviews

    Need more information?
    Find out more

    More info

  Compare

Want more? Compare all 195 credit cards in the Mozo comparison engine..

Compare all credit cards

Look for a specific type of credit card: