Australia's Best Credit Cards of 2016

At Mozo, we're passionate about getting Australians a better deal on their finances and the Experts Choice Awards provide us with a platform to highlight products in the marketplace that we believe offer great value to Australian consumers

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Experts choice awards hero 2016
Best Low Rate Credit Card

We compared 175 credit cards in our database to find the cheapest credit card for cardholders with an ongoing revolving balance. Check out our winners, along with key features we used to determine the best low rate cards in Australia. To compare more credit cards, head on over to our low rate credit card hub.

We compared 175 credit cards in our database to find the Read more...

Best No Annual Fee Credit Card

We compared no annual fee credit cards in our database to find the cards that make it easiest for people to avoid paying fees. To be considered for this award, credit cards also needed to have at least 55 interest free days. More fee free cards can be found here on Mozo

We compared no annual fee credit cards in our database to Read more...

Best Balance Transfer Credit Card

We compared all standard and premium credit cards in our database to identify the credit cards that offer the lowest cost when transferring a balance of $4,400 to another card, repaid at a rate of $100 per month. Short term tactical offers were excluded from our analysis. For more information, see our methodology report.

We compared all standard and premium credit cards in our Read more...

Best Low Rate Platinum Credit Card

We compared all platinum credit cards in our database to find the cheapest way to gain primary benefits of Platinum Card ownership. Check out this years Experts Choice winners, along with key features we used to determine the top picks. Find and compare more platinum cards at our platinum credit card hub.

We compared all platinum credit cards in our database to Read more...

Best Low Fee Platinum Credit Card

Here's the list of award winners in our low fee platinum category for cardholders paying off their balance in full each month. To be eligible for this award, the card was required to offer at least 55 interest free days.

Here's the list of award winners in our low fee platinum Read more...

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About the Mozo Experts Choice Awards

How many credit cards did you compare for the awards?

Mozo analysed 175 personal credit card products from 59 providers for the Mozo Experts Choice Credit Card Awards.

Do credit card providers pay to be included in the awards?

No, our research team analyses product data and determines the winners in each Mozo Experts Choice category without reference to Mozo’s sales or commercial functions.

Why are there so many award categories?
We have a number of category of awards because there is no one best card for everyone. The best card for you will depend on your spending habits and your financial needs.

If you carry a balance on your credit card, low rate cards are generally better value. If you pay off your balance in full each month a no annual fee or rewards card could be best for you.

Spend a small amount each year, the rewards program that delivers you better value rewards is going to be different to someone who is spending tens of thousands of dollars each year.

And finally, some people only prefer to bank with a big 4 bank so we also highlight the credit cards available from these banks that deliver best value.

What determines the number of winners in each credit card award category?

Experts Choice Awards are awarded to the top 10% of products that meet the selection criteria in each awards category. A maximum of 10 individual products are  awarded in each category.

Who are Mozo’s product experts?

Mozo has been researching and comparing financial products since 2008, and hundreds of thousands of Australians use our comparison services each month.  Our research team is headed by our Research & Insights Director and our Product Data Manager who have over 50 years of financial services experience and 21 years in online financial comparison.

What was the methodology for the balance transfer award?
To avoid awarding credit cards with short term tactical offers, we excluded any cards that did not have a balance transfer offer in the market for at least three months at the time of conducting our analysis.

More information on the methodology and credit card awards criteria can be found here (PDF Download).