Looking for a new piece of plastic to start off your February? This month we’ve noticed some pretty excellent deals on the market, including bumper bonus rewards offers and budget-friendly options for savvy savers.
So to help you get started picking the right piece of plastic, our Editors put together this list of just a few of our favourites.
Best cards to score bonus rewards points
American Express Qantas Ultimate Card
100,000 bonus points (minimum spend applies)
$450 annual travel credit
Earn 1.5 Qantas points per $1 spent
With a massive 100,000 bonus points up for grabs when you apply online by April 9th and spend $3,000 in the first 3 months from approval, rewards lovers will find it hard to go past the Amex Qantas Ultimate. Plus, the $450 annual fee is neatly cancelled out by a yearly travel credit, so frequent travellers can get great value from this piece of plastic.
Bankwest More World Mastercard
115,000 annual bonus points each year (minimum spend applies)
2.5 rewards points per $1 spent
Unlimited free airport lounge visits through LoungeKey
Here’s one for the big spenders. By picking up the Bankwest More World Mastercard, you can treat yourself to 115,000 bonus points each year, as long as you spend $84,000 on the card in that year. There’s a $270 annual fee, but with a host of perks and rewards on offer, freebies lovers should be able to get enough value to justify the price tag.
Best cards for annual fee free spending
American Express Essential Credit Card
$0 annual fee
Earn 1 reward point per $1 spent
0% balance transfer offer for 12 months (3% establishment fee)
The Amex Essential is not only an annual fee free card, it also comes with a low interest rate of 14.99% and some very respectable points earning power, with 1 point up for grabs for every $1 you spend. There’s also extended warranty, purchase protection, refund protection and smartphone screen insurance available to sweeten the deal.
28 Degrees Platinum Mastercard
$0 annual fee
0% foreign exchange rate
Multi Mozo Experts Choice Award winner
With Mozo Experts Choice Awards for Best Value Travel Credit Card, Platinum Travel Credit Card and Low Fee Platinum Credit Card under its belt, the 28 degrees Platinum Mastercard is a great option for budget savvy spenders. And with no overseas transaction fees, this one’s a top pick for travellers and online shoppers alike!
Best cards for low rate spending
CUA Low Rate Credit Card
11.99% purchase rate
$0 annual fee in the first year ($49 after)
0% balance transfer period for 13 months
The CUA Low Rate card comes with a wallet-friendly interest rate, no annual fee in the first year, and up to 55 days interest free to help you keep your budget under control. Another nifty feature is the option to add up to nine additional card holders at no extra cost. Plus, if you need to blast some debt, there’s also a 13 month 0% interest free balance transfer period.
ANZ Low Rate
12.49% purchase rate
$58 annual fee
0% balance transfer period for 15 months
If you’re after a low interest, no-frills credit card for convenient spending and prefer to stick with one of the big banks, then check out the ANZ Low Rate offering. Combining a low rate, low annual fee and up to 55 interest free days with the ability to use the card anywhere in the world that Mastercard is accepted makes this a savvy spenders new best friend.