Australia's top credit cards of 2020

When it comes to finding the right credit card, there are lots of different factors to consider. 

But as they say, “when in doubt, call an expert”. And that’s just what we did … 

To help make the decision-making process a little easier for you, we’ve put together a list of some of the 2020 Mozo Experts Choice Credit Card Award-winners*. To receive an award, each of the following winners underwent a tough assessment process conducted by our Mozo Expert judges who analysed 215 personal and 45 business credit card products from 72 Australian financial institutions in order to find those that offered the best value and features.

So, if you’re ready to find the right piece of plastic for you, then here are five of Australia’s top credit cards that have the Mozo tick of approval:

Mozo may receive payment if you click to the website of one of the products below. Mozo does not compare the entire market.
Important disclosures
St.George - Vertigo Platinum
  • 0% p.a. interest on purchases for 15 months (offer ends 9 February 2021)
  • Low 12.99% p.a. purchase rate
  • 2020 Mozo Experts Choice Credit Card Award-winner*
Find out more
The details:

The St George Vertigo Platinum credit card hits the ground running with a jaw-dropping 15-month interest-free purchase offer (ends 9 February 2021) with a super low 12.99% p.a. revert rate, plus a generous interest-free period of up to 55 interest-free days. The card has a low $99 annual fee (just $49 in the first year). To top it all of, this little gem scored itself a 2020 Mozo Experts Choice Credit Card Award* in the Low Rate Platinum Credit Card category - for the second year in a row, might we add!

Bankwest - Zero Platinum Mastercard
  • 17.99% p.a. purchase rate
  • No annual fees
  • Up to 55 interest-free days
  • 2020 Mozo Experts Choice Credit Card Award-winner*
Find out more
The details:

Setting itself apart from many other platinum credit cards, the Bankwest Zero Platinum Mastercard charges no annual fees and offers a super-generous interest-free period of up to 55 interest-free days, which gives you plenty of time to shop ‘til you drop without copping any interest charges. This nifty piece of plastic comes with no foreign transaction fee, which is music to the ears of online shopping enthusiasts. Above all, the Bankwest Zero Platinum Mastercard won a 2020 Mozo Experts Choice Credit Card Award* in the No Annual Fee Platinum Credit Card category.

American Express - Qantas Discovery Card
  • 0.75 Qantas Points per $1 on regular spends
  • No annual fees
  • 20.74% p.a. purchase rate
  • Multi-award-winner & Credit Card Provider Of The Year* in the 2020 Mozo Experts Choice Credit Card Awards**
The details:

The American Express Qantas Discovery Credit Card kicks things off with no annual fees and the chance to earn up to 1.75 points per $1 spent on eligible purchases (0.75 Qantas Points per $1 on everyday purchases plus an extra bonus point per $1 spent on selected Qantas products and services). But here’s what really takes the cake …not only was American Express crowned Credit Card Provider Of The Year* in the 2020 Mozo Experts Choice Credit Card Awards, but this card in particular took home an award in the Qantas Frequent Flyer Credit Card category!

NAB - StraightUp Card
  • Innovative interest-free spending system
  • Apple Pay, Google Pay, Samsung Pay, Garmin, Fitbit payment options
  • The first-ever recipient of the Innovation category Award in the 2020 Mozo Experts Choice Credit Card Awards*
Find out more
The details:

Setting the tone right from the get-go, the NAB StraightUp Credit Card is a straight-up show-stopper with its ultra unconventional features. This trail-blazer of a card charges no interest on spending. Yep, that’s right, no interest charges! Nada, zilch, zip. Instead, you’ll pay a set monthly fee which is based on your credit limit ($10 for $1,000, $15 for $2,000 and $20 for a $3,000 limit). Talk about innovative! So innovative that it won the very first Innovation Award which debuted in this year’s Mozo Experts Choice Credit Card Awards!*

Bank of Melbourne - Vertigo - Balance Transfer Offer
  • 0% p.a balance transfer rate for 22 months (1.5% BT fee), (offer ends 9 February 2021)
  • No interest on purchases for 7 months (then 13.99% p.a.)
  • Low $55 annual fee (waived in the first year)
  • 2020 Mozo Experts Choice Credit Card multi-award-winner*
Find out more
The details:

Whether you’re after a low rate credit card companion for spending or a sweet balance transfer deal for clearing unwanted debt, Bank of Melbourne’s got you covered. Not only does the Bank of Melbourne Vertigo Credit Card come through with no interest charges on purchases for 7 months (then 13.99% p.a.), but it also comes with a 0% p.a balance transfer rate for 22 months (1.5% BT fee, offer ends 9 February 2021) which then reverts to the 21.49% p.a. cash advance fee. On top of this, the card offers up to 55 interest-free days on purchases, plus it was a 2020 Mozo Experts Choice Credit Card Award-winner* in both the Low Rate Platinum Credit Card and Balance Transfer Credit Card categories.

Go check out the full winner-list of the 2020 Mozo Experts Choice Credit Card Awards or read up on all assessment criteria details in the methodology report. For more credit card options, head to our credit card comparison tool.

*Click here for more information about the 2020 Mozo Experts Choice Awards for Credit Cards.

**Click here for more information about the 2020 Mozo Experts Choice Awards for Rewards Credit Cards.


^See information about the Mozo Experts Choice Credit Card Awards

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