Credit card spending falls in January but bounce back expected
During the height of the Covid-19 pandemic, credit card spending had reached a plateau. But according to new research from Citi, Aussies across the country are slowly getting back into the swing of things.
The credit card issuer found that although credit card spending had fallen by 19% in January, spending in December was almost at pre-Covid levels.
“Consumers are experiencing a spending hangover, after doing their bit to boost the economy during the November and December silly season,” said Head of Credit Cards at Citi Australia, Choong Yu Lum.
“This is in line with expected spend for January, as consumers typically tighten their belt following a period of increased spending due to Christmas and school holidays.”
And according to Citi, what we’re using our plastic for has also changed between December and January.
RELATED: Credit card spending to pick up as Christmas nears, says Citi
Our top five spending categories
| December | % of spend | January | % of spend |
| 1. Supermarkets | 10.09% | 1. Supermarkets | 10.73% |
| 2. Household goods retailing | 8.71% | 2. Household goods retailing | 8.55% |
| 3. Business services | 6.43% | 3. Business services | 6.72% |
| 4. Retail goods | 5.59% | 4. Insurance | 6.31% |
| 5. Sports and hobby stores | 5.25% | 5. Health/Medical | 5.25% |
“It’s interesting to see the clear shift in consumer behaviour between December and January, as Australians go from ‘fun mode’, with high spending in the ‘retail goods’ and ‘sports and hobby stores’ categories, to organisation mode with ‘insurance’ and ‘health and medical’ spend categories ranking higher,” Mr Lum said.
Pandemic paused credit card spending
Over the last few months, New South Wales and Queensland have had their share Covid-19 lockdowns. As a result, Citi saw a correlation between lockdown and a reduction in spending.
For instance in NSW, lockdown spending fell by 14% in the first week compared to the week prior, while spending in QLD dropped by 13% week on week.
Despite this, Citi is forecasting a jump in spending over February.
“With lockdowns in NSW and QLD demonstrating some uncertainty, it is pleasing that we still saw strong spending growth in December. While spend has dipped in January, we anticipate February spend will increase,” said Lum.
If you’re in the market for a new piece of plastic, head on over to our credit card comparison tool or get started with the offers below.
Compare credit cards - last updated 25 September 2021
- Apply By 31 Oct 2021
Bendigo Bank Low Rate Credit Card
0% p.a. on purchases for up to 12 months (Reverts to 11.99% p.a). Also 0% balance transfer for up to 12 months. Low annual fee of $45 and no fees for additional cardholders.
Purchase rateBalance transfer rateAnnual feeRewards program0% p.a. for 12 months then 11.99% p.a.0% p.a. for 12 months and then 11.99% p.a. (2.00% balance transfer fee)$45-CompareCompareLow Rate Credit Card
0% p.a. on purchases for up to 12 months (Reverts to 11.99% p.a). Also 0% balance transfer for up to 12 months. Low annual fee of $45 and no fees for additional cardholders.
- Purchase rate
- 0% p.a. for 12 months then 11.99% p.a.
- Balance transfer rate
- 0% p.a. for 12 months and then 11.99% p.a. (2.00% balance transfer fee)
- Annual fee
- $45
- Rewards program
- Purchase rate
- 0% p.a. for 12 months then 11.99% p.a.
- Intro purchase rate
- 0% p.a. for 12 months
- Balance transfer rate
- 0% p.a. for 12 months and then 11.99% p.a. (2.00% balance transfer fee)
- Cash advance
- 13.99% p.a.
- Interest free days on purchases
- 55
- Intro fee
- Foreign exchange margin
- 3.00%
- Annual card fee
- $45
- Late payment fee
- $15.00
- Cash advance fee
- 0.50%, Min $3.25
Read our Mozo Review to learn more about the Low Rate Credit Card
-
Great Southern Bank Low Rate Credit Card
0% balance transfer rate for 20 months and up to 55 interest free days. No annual fee for the first year and $49 after. Mozo Experts Choice Balance Transfer Platinum Credit Card Winner 2020^
Purchase rateBalance transfer rateAnnual feeRewards program11.99% p.a.0% p.a. for 25 months and then 21.74% p.a.$49 $0 in the first year-CompareCompareLow Rate Credit Card
0% balance transfer rate for 20 months and up to 55 interest free days. No annual fee for the first year and $49 after. Mozo Experts Choice Balance Transfer Platinum Credit Card Winner 2020^
- Purchase rate
- 11.99% p.a.
- Balance transfer rate
- 0% p.a. for 25 months and then 21.74% p.a.
- Annual fee
- $49 $0 in the first year
- Rewards program
- Purchase rate
- 11.99% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- 0% p.a. for 25 months and then 21.74% p.a.
- Cash advance
- 21.74% p.a.
- Interest free days on purchases
- 55
- Intro fee
- 0.0
- Foreign exchange margin
- 3.40%
- Annual card fee
- $49 $0 in the first year
- Late payment fee
- $12.50
- Cash advance fee
- 2.00%, Min $3.50
Read our Mozo Review to learn more about the Low Rate Credit Card
- Apply By 10 Oct 2021
humm90 Mastercard
With up to 110 days interest free on your spending, this card is pretty unique in the market, and great for managing your daily spend. Plus, no foreign transaction fees overseas or online.
Purchase rateBalance transfer rateAnnual feeRewards program23.99% p.a.0% p.a. for 36 months and then 25.99% p.a. (0% balance transfer fee)$99-CompareCompareMastercard
With up to 110 days interest free on your spending, this card is pretty unique in the market, and great for managing your daily spend. Plus, no foreign transaction fees overseas or online.
- Purchase rate
- 23.99% p.a.
- Balance transfer rate
- 0% p.a. for 36 months and then 25.99% p.a. (0% balance transfer fee)
- Annual fee
- $99
- Rewards program
- Purchase rate
- 23.99% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- 0% p.a. for 36 months and then 25.99% p.a. (0% balance transfer fee)
- Cash advance
- 25.99% p.a.
- Interest free days on purchases
- 110
- Intro fee
- Foreign exchange margin
- 0%
- Annual card fee
- $99
- Late payment fee
- $35.00
- Cash advance fee
- 3%, min $3
Read our Mozo Review to learn more about the Mastercard
- Apply By 28 Oct 2021
PayPal Rewards Card
Enjoy 50,000 bonus points (conditions apply). Receive 55 interest free days on purchases and 0% balance transfer rate for the first 20 months.
Purchase rateBalance transfer rateAnnual feeRewards program20.99% p.a.0% p.a. for 20 months and then 20.99% p.a.$0PayPal RewardsCompareCompareRewards Card
Enjoy 50,000 bonus points (conditions apply). Receive 55 interest free days on purchases and 0% balance transfer rate for the first 20 months.
- Purchase rate
- 20.99% p.a.
- Balance transfer rate
- 0% p.a. for 20 months and then 20.99% p.a.
- Annual fee
- $0
- Rewards program
- PayPal Rewards
- Purchase rate
- 20.99% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- 0% p.a. for 20 months and then 20.99% p.a.
- Cash advance
- 21.74% p.a.
- Interest free days on purchases
- 55
- Intro fee
- Foreign exchange margin
- 3.40%
- Annual card fee
- $0
- Late payment fee
- $30.00
- Cash advance fee
- 3.5%, Min $3.50
Read our Mozo Review to learn more about the Rewards Card
- Featured Product
Westpac Low Rate - Cashback Offer
Enjoy a super low rate of 13.74% with 55 days interest free plus $400 Cashback with $4k+ spend on eligible purchases within 4 months of card approval. No annual card fee for the first year, $59 thereafter. New Cards only. Offer ends November 30th 2021. T&C's and exclusions apply.
Purchase rateBalance transfer rateAnnual feeRewards program13.74% p.a.No current offer$59 $0 in the first year-CompareCompareLow Rate - Cashback Offer
Enjoy a super low rate of 13.74% with 55 days interest free plus $400 Cashback with $4k+ spend on eligible purchases within 4 months of card approval. No annual card fee for the first year, $59 thereafter. New Cards only. Offer ends November 30th 2021. T&C's and exclusions apply.
- Purchase rate
- 13.74% p.a.
- Balance transfer rate
- No current offer
- Annual fee
- $59 $0 in the first year
- Rewards program
- Purchase rate
- 13.74% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- No current offer
- Cash advance
- 21.49% p.a.
- Interest free days on purchases
- 55
- Intro fee
- 0.0
- Foreign exchange margin
- 3.00%
- Annual card fee
- $59 $0 in the first year
- Late payment fee
- $15.00
- Cash advance fee
- 2%, Min $2.50, Max $150
Read our Mozo Review to learn more about the Low Rate - Cashback Offer
-
Great Southern Bank Platinum Credit Card
0% p.a. balance transfer, $0 annual fee for the first year and also receive 1 rewards point for every dollar spent. Purchase protection insurance. Mozo Experts Choice Balance Transfer Platinum Credit Card Winner 2020^.
Purchase rateBalance transfer rateAnnual feeRewards program19.99% p.a.0% p.a. for 25 months and then 21.74% p.a.$149 $0 in the first yearGreat Southen Bank Platinum RewardsCompareComparePlatinum Credit Card
0% p.a. balance transfer, $0 annual fee for the first year and also receive 1 rewards point for every dollar spent. Purchase protection insurance. Mozo Experts Choice Balance Transfer Platinum Credit Card Winner 2020^.
- Purchase rate
- 19.99% p.a.
- Balance transfer rate
- 0% p.a. for 25 months and then 21.74% p.a.
- Annual fee
- $149 $0 in the first year
- Rewards program
- Great Southen Bank Platinum Rewards
- Purchase rate
- 19.99% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- 0% p.a. for 25 months and then 21.74% p.a.
- Cash advance
- 21.74% p.a.
- Interest free days on purchases
- 55
- Intro fee
- 0.0
- Foreign exchange margin
- 3.40%
- Annual card fee
- $149 $0 in the first year
- Late payment fee
- $12.50
- Cash advance fee
- 2.00%, Min $3.50
Read our Mozo Review to learn more about the Platinum Credit Card
- Apply By 30 Nov 2021
St.George Vertigo - Cashback Offer
$300 cashback when you take out a new Vertigo Credit Card and spend $4k on eligible purchases within 120 days of the new card approval. No annual fee for the first year, $55 thereafter. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.
Purchase rateBalance transfer rateAnnual feeRewards program13.99% p.a.2.99% p.a. for 15 months and then 21.49% p.a.$55 $0 in the first year-CompareCompareVertigo - Cashback Offer
$300 cashback when you take out a new Vertigo Credit Card and spend $4k on eligible purchases within 120 days of the new card approval. No annual fee for the first year, $55 thereafter. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.
- Purchase rate
- 13.99% p.a.
- Balance transfer rate
- 2.99% p.a. for 15 months and then 21.49% p.a.
- Annual fee
- $55 $0 in the first year
- Rewards program
- Purchase rate
- 13.99% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- 2.99% p.a. for 15 months and then 21.49% p.a.
- Cash advance
- 21.49% p.a.
- Interest free days on purchases
- 55
- Intro fee
- 0.0
- Foreign exchange margin
- 3.00%
- Annual card fee
- $55 $0 in the first year
- Late payment fee
- $15.00
- Cash advance fee
- 2%, Min $2.50
Read our Mozo Review to learn more about the Vertigo - Cashback Offer
-
NAB Low Rate Card
0% p.a. interest on balance transfers for the first 32 months, plus a low ongoing purchase rate after that means you can spend with confidence. There's also up to 55 interest free days on purchases to help you manage your budget better.
Purchase rateBalance transfer rateAnnual feeRewards program12.99% p.a.0% p.a. for 32 months and then 21.74% p.a. (0% balance transfer fee)$59 $0 in the first year-CompareCompareLow Rate Card
0% p.a. interest on balance transfers for the first 32 months, plus a low ongoing purchase rate after that means you can spend with confidence. There's also up to 55 interest free days on purchases to help you manage your budget better.
- Purchase rate
- 12.99% p.a.
- Balance transfer rate
- 0% p.a. for 32 months and then 21.74% p.a. (0% balance transfer fee)
- Annual fee
- $59 $0 in the first year
- Rewards program
- Purchase rate
- 12.99% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- 0% p.a. for 32 months and then 21.74% p.a. (0% balance transfer fee)
- Cash advance
- 21.74% p.a.
- Interest free days on purchases
- 55
- Intro fee
- 0.0
- Foreign exchange margin
- 3.00%
- Annual card fee
- $59 $0 in the first year
- Late payment fee
- $15.00
- Cash advance fee
- 2%, Min $2.50
Read our Mozo Review to learn more about the Low Rate Card
-
Mozo experts choice awards won:
- Low Rate Credit Card - 2020
- No Annual Fee Credit Card - 2020
- Credit Card Provider of the Year - 2020
American Express Low Rate Credit Card
Competitive low rate with $0 Annual Fee. Get $100 back when you apply online by 27 October 2021, are approved and spend $1,000 on your new Card by 31 December 2021. T&Cs apply. New Card Members only. Customers need an annual income of $50,000 or more.
Purchase rateBalance transfer rateAnnual feeRewards program8.99% p.a.No current offer$0-CompareCompareLow Rate Credit Card
Competitive low rate with $0 Annual Fee. Get $100 back when you apply online by 27 October 2021, are approved and spend $1,000 on your new Card by 31 December 2021. T&Cs apply. New Card Members only. Customers need an annual income of $50,000 or more.
- Purchase rate
- 8.99% p.a.
- Balance transfer rate
- No current offer
- Annual fee
- $0
- Rewards program
- Purchase rate
- 8.99% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- No current offer
- Cash advance
- Interest free days on purchases
- 55
- Intro fee
- Foreign exchange margin
- 3.00%
- Annual card fee
- $0
- Late payment fee
- $30.00
- Cash advance fee
Read our Mozo Review to learn more about the Low Rate Credit Card
-
NAB StraightUp Card
Pay no interest and no late payment fees, just a $10 monthly fee for a $1,000 credit limit. Plus, if you don't make any purchases and have an outstanding balance of $0 during the whole statement period, the monthly fee will be reversed. Also pay no foreign currency fees when you shop online or overseas. Mozo Experts Choice Credit Card Innovation Winner 2020^.
Purchase rateBalance transfer rateAnnual feeRewards program0% p.a.No current offer$120 $10/month - waived if no spend & no balance owing-CompareCompareStraightUp Card
Pay no interest and no late payment fees, just a $10 monthly fee for a $1,000 credit limit. Plus, if you don't make any purchases and have an outstanding balance of $0 during the whole statement period, the monthly fee will be reversed. Also pay no foreign currency fees when you shop online or overseas. Mozo Experts Choice Credit Card Innovation Winner 2020^.
- Purchase rate
- 0% p.a.
- Balance transfer rate
- No current offer
- Annual fee
- $120 $10/month - waived if no spend & no balance owing
- Rewards program
- Purchase rate
- 0% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- No current offer
- Cash advance
- Interest free days on purchases
- 0
- Intro fee
- Foreign exchange margin
- 0%
- Annual card fee
- $120 $10/month - waived if no spend & no balance owing
- Late payment fee
- $0.00
- Cash advance fee
- n/a
Read our Mozo Review to learn more about the StraightUp Card
- Apply By 19 Oct 2021
Mozo experts choice awards won:
- Credit Card Provider of the Year - 2020
American Express Platinum Edge Credit Card
Receive 50,000 Bonus Membership Rewards when you apply online by 19 October 2021, are approved and spend $1,500 on your new Card within the first 3 months. T&Cs apply. New Card Members only. $0 introductory annual Card fee for the first year..
Purchase rateBalance transfer rateAnnual feeRewards program20.74% p.a.No current offer$195 $0 in the first yearMembership RewardsCompareComparePlatinum Edge Credit Card
Receive 50,000 Bonus Membership Rewards when you apply online by 19 October 2021, are approved and spend $1,500 on your new Card within the first 3 months. T&Cs apply. New Card Members only. $0 introductory annual Card fee for the first year..
- Purchase rate
- 20.74% p.a.
- Balance transfer rate
- No current offer
- Annual fee
- $195 $0 in the first year
- Rewards program
- Membership Rewards
- Purchase rate
- 20.74% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- No current offer
- Cash advance
- Interest free days on purchases
- 55
- Intro fee
- 0.0
- Foreign exchange margin
- 3.00%
- Annual card fee
- $195 $0 in the first year
- Late payment fee
- $30.00
- Cash advance fee
Read our Mozo Review to learn more about the Platinum Edge Credit Card
-
HSBC Platinum Credit Card
0%p.a. on balance transfers for 36 months with no balance transfer fee. Terms and Conditions apply. Mozo Experts Choice Premium Rewards and Balance Transfer Platinum Credit Card Winner 2020.
Purchase rateBalance transfer rateAnnual feeRewards program19.99% p.a.0% p.a. for 36 months and then 21.99% p.a.$129 $29 in the first yearRewards PlusCompareComparePlatinum Credit Card
0%p.a. on balance transfers for 36 months with no balance transfer fee. Terms and Conditions apply. Mozo Experts Choice Premium Rewards and Balance Transfer Platinum Credit Card Winner 2020.
- Purchase rate
- 19.99% p.a.
- Balance transfer rate
- 0% p.a. for 36 months and then 21.99% p.a.
- Annual fee
- $129 $29 in the first year
- Rewards program
- Rewards Plus
- Purchase rate
- 19.99% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- 0% p.a. for 36 months and then 21.99% p.a.
- Cash advance
- 21.99% p.a.
- Interest free days on purchases
- 55
- Intro fee
- 29.0
- Foreign exchange margin
- 3.00%
- Annual card fee
- $129 $29 in the first year
- Late payment fee
- $30.00
- Cash advance fee
- 3%, min $4.00
Read our Mozo Review to learn more about the Platinum Credit Card
- Apply By 26 Oct 2021
Mozo experts choice awards won:
- Premium Rewards Credit Card - 2020
- Credit Card Provider of the Year - 2020
American Express Explorer® Credit Card
Receive 150,000 Bonus Membership Rewards Points when you apply online by 26 October 2021, are approved and spend $3,000 on your new Card within the first 3 months. T&Cs apply. New Card Members only.
Purchase rateBalance transfer rateAnnual feeRewards program20.74% p.a.No current offer$395Membership RewardsCompareCompareExplorer® Credit Card
Receive 150,000 Bonus Membership Rewards Points when you apply online by 26 October 2021, are approved and spend $3,000 on your new Card within the first 3 months. T&Cs apply. New Card Members only.
- Purchase rate
- 20.74% p.a.
- Balance transfer rate
- No current offer
- Annual fee
- $395
- Rewards program
- Membership Rewards
- Purchase rate
- 20.74% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- No current offer
- Cash advance
- Interest free days on purchases
- 55
- Intro fee
- Foreign exchange margin
- 3.00%
- Annual card fee
- $395
- Late payment fee
- $30.00
- Cash advance fee
Read our Mozo Review to learn more about the Explorer® Credit Card
-
St.George No Annual Fee
0% p.a. for 12 months on APR requested at card application. The special promotional purchase rate applies from card approval, after the promotional period, the rate will switch to the variable purchase rate. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.
Purchase rateBalance transfer rateAnnual feeRewards program0% p.a. for 12 months then 20.74% p.a.2.99% p.a. for 15 months and then 21.49% p.a.$0-CompareCompareNo Annual Fee
0% p.a. for 12 months on APR requested at card application. The special promotional purchase rate applies from card approval, after the promotional period, the rate will switch to the variable purchase rate. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.
- Purchase rate
- 0% p.a. for 12 months then 20.74% p.a.
- Balance transfer rate
- 2.99% p.a. for 15 months and then 21.49% p.a.
- Annual fee
- $0
- Rewards program
- Purchase rate
- 0% p.a. for 12 months then 20.74% p.a.
- Intro purchase rate
- 0% p.a. for 12 months
- Balance transfer rate
- 2.99% p.a. for 15 months and then 21.49% p.a.
- Cash advance
- 21.49% p.a.
- Interest free days on purchases
- 55
- Intro fee
- Foreign exchange margin
- 3.00%
- Annual card fee
- $0
- Late payment fee
- $15.00
- Cash advance fee
- 2%, Min $2.50
Read our Mozo Review to learn more about the No Annual Fee
-
Mozo experts choice awards won:
- Qantas Frequent Flyer Premium Credit Card - 2020
- Credit Card Provider of the Year - 2020
American Express Qantas Ultimate Card
Receive 110,000 bonus Qantas Points plus $200 back when you apply online by 27 October 2021, are approved and spend $3,000 on your new Card within the first 3 months. Offer available to new Card Members only. Plus, receive up to 40,000 extra Qantas points with Shop Small (T&Cs apply)
Purchase rateBalance transfer rateAnnual feeRewards program20.74% p.a.No current offer$450Qantas Frequent FlyerCompareCompareQantas Ultimate Card
Receive 110,000 bonus Qantas Points plus $200 back when you apply online by 27 October 2021, are approved and spend $3,000 on your new Card within the first 3 months. Offer available to new Card Members only. Plus, receive up to 40,000 extra Qantas points with Shop Small (T&Cs apply)
- Purchase rate
- 20.74% p.a.
- Balance transfer rate
- No current offer
- Annual fee
- $450
- Rewards program
- Qantas Frequent Flyer
- Purchase rate
- 20.74% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- No current offer
- Cash advance
- Interest free days on purchases
- 44
- Intro fee
- Foreign exchange margin
- 3.00%
- Annual card fee
- $450
- Late payment fee
- $30.00
- Cash advance fee
Read our Mozo Review to learn more about the Qantas Ultimate Card
- Apply By 30 Nov 2021
St.George Vertigo
0% p.a. for 30 months on balance transfers requested at card application. 0% balance transfer fee applies. Rate then switches to applicable variable cash advance rate. No annual fee for the first year, $55 thereafter. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.
Purchase rateBalance transfer rateAnnual feeRewards program13.99% p.a.0% p.a. for 30 months and then 21.49% p.a.$55 $0 in the first year-CompareCompareVertigo
0% p.a. for 30 months on balance transfers requested at card application. 0% balance transfer fee applies. Rate then switches to applicable variable cash advance rate. No annual fee for the first year, $55 thereafter. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.
- Purchase rate
- 13.99% p.a.
- Balance transfer rate
- 0% p.a. for 30 months and then 21.49% p.a.
- Annual fee
- $55 $0 in the first year
- Rewards program
- Purchase rate
- 13.99% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- 0% p.a. for 30 months and then 21.49% p.a.
- Cash advance
- 21.49% p.a.
- Interest free days on purchases
- 55
- Intro fee
- 0.0
- Foreign exchange margin
- 3.00%
- Annual card fee
- $55 $0 in the first year
- Late payment fee
- $15.00
- Cash advance fee
- 2%, Min $2.50
Read our Mozo Review to learn more about the Vertigo
- Featured Product
Westpac Low Rate
Enjoy a super low rate of 13.74% with 55 days interest free plus 0% balance transfer for up to 28 months at 1% BT fee. No annual card fee for the first year, $59 thereafter. New Cards only. Offer ends November 30th 2021. T&C's and exclusions apply.
Purchase rateBalance transfer rateAnnual feeRewards program13.74% p.a.0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)$59 $0 in the first year-CompareCompareLow Rate
Enjoy a super low rate of 13.74% with 55 days interest free plus 0% balance transfer for up to 28 months at 1% BT fee. No annual card fee for the first year, $59 thereafter. New Cards only. Offer ends November 30th 2021. T&C's and exclusions apply.
- Purchase rate
- 13.74% p.a.
- Balance transfer rate
- 0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)
- Annual fee
- $59 $0 in the first year
- Rewards program
- Purchase rate
- 13.74% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- 0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)
- Cash advance
- 21.49% p.a.
- Interest free days on purchases
- 55
- Intro fee
- 0.0
- Foreign exchange margin
- 3.00%
- Annual card fee
- $59 $0 in the first year
- Late payment fee
- $15.00
- Cash advance fee
- 2%, Min $2.50, Max $150
Read our Mozo Review to learn more about the Low Rate
-
Mozo experts choice awards won:
- Credit Card Provider of the Year - 2020
American Express Cashback Credit Card
Get 5% Bonus Cashback in the first 3 months and no monthly fee for the first 12 months. Additional 1.5% cashback with American Express Shop Small Campaign (conditions apply). Complimentary perks and insurances. Eligibility criteria and T&Cs apply.
Purchase rateBalance transfer rateAnnual feeRewards program20.74% p.a.No current offer$120 $0 in the first yearCashback RewardsCompareCompareCashback Credit Card
Get 5% Bonus Cashback in the first 3 months and no monthly fee for the first 12 months. Additional 1.5% cashback with American Express Shop Small Campaign (conditions apply). Complimentary perks and insurances. Eligibility criteria and T&Cs apply.
- Purchase rate
- 20.74% p.a.
- Balance transfer rate
- No current offer
- Annual fee
- $120 $0 in the first year
- Rewards program
- Cashback Rewards
- Purchase rate
- 20.74% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- No current offer
- Cash advance
- Interest free days on purchases
- 55
- Intro fee
- 0.0
- Foreign exchange margin
- 3.00%
- Annual card fee
- $120 $0 in the first year
- Late payment fee
- $30.00
- Cash advance fee
Read our Mozo Review to learn more about the Cashback Credit Card
- Apply By 30 Nov 2021
Bank of Melbourne Vertigo - Cashback Offer
$300 cashback when you take out a new Vertigo Credit Card and spend $4k on eligible purchases within 120 days of the new card approval. No annual fee for the first year, $55 thereafter. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.
Purchase rateBalance transfer rateAnnual feeRewards program13.99% p.a.2.99% p.a. for 15 months and then 21.49% p.a.$55 $0 in the first year-CompareCompareVertigo - Cashback Offer
$300 cashback when you take out a new Vertigo Credit Card and spend $4k on eligible purchases within 120 days of the new card approval. No annual fee for the first year, $55 thereafter. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.
- Purchase rate
- 13.99% p.a.
- Balance transfer rate
- 2.99% p.a. for 15 months and then 21.49% p.a.
- Annual fee
- $55 $0 in the first year
- Rewards program
- Purchase rate
- 13.99% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- 2.99% p.a. for 15 months and then 21.49% p.a.
- Cash advance
- 21.49% p.a.
- Interest free days on purchases
- 55
- Intro fee
- 0.0
- Foreign exchange margin
- 3.00%
- Annual card fee
- $55 $0 in the first year
- Late payment fee
- $15.00
- Cash advance fee
- 2%, Min $2.50
Read our Mozo Review to learn more about the Vertigo - Cashback Offer
- Apply By 30 Nov 2021
Westpac Altitude Platinum
Earn up to 60,000 bonus Qantas Points ($3k min. spend in the first 90 days on eligible purchases). 0% p.a. for 18 months on balance transfers requested at card application. 1% BT fee applies. $99 + $50 Annual Qantas Rewards card fee for the first year. New cards only. Offer ends November 30th 2021. T&C's and exclusions apply.
Purchase rateBalance transfer rateAnnual feeRewards program20.49% p.a.0% p.a. for 18 months and then 21.49% p.a. (1.00% balance transfer fee)$200 $149 in the first yearQantas Frequent FlyerCompareCompareAltitude Platinum
Earn up to 60,000 bonus Qantas Points ($3k min. spend in the first 90 days on eligible purchases). 0% p.a. for 18 months on balance transfers requested at card application. 1% BT fee applies. $99 + $50 Annual Qantas Rewards card fee for the first year. New cards only. Offer ends November 30th 2021. T&C's and exclusions apply.
- Purchase rate
- 20.49% p.a.
- Balance transfer rate
- 0% p.a. for 18 months and then 21.49% p.a. (1.00% balance transfer fee)
- Annual fee
- $200 $149 in the first year
- Rewards program
- Qantas Frequent Flyer
- Purchase rate
- 20.49% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- 0% p.a. for 18 months and then 21.49% p.a. (1.00% balance transfer fee)
- Cash advance
- 21.49% p.a.
- Interest free days on purchases
- 45
- Intro fee
- 149.0
- Foreign exchange margin
- 3.00%
- Annual card fee
- $200 $149 in the first year
- Late payment fee
- $15.00
- Cash advance fee
- 2%, Min $2.50, Max $150
Read our Mozo Review to learn more about the Altitude Platinum
^See information about the Mozo Experts Choice Credit Card Awards
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.