Best Credit Cards 2018

Offering the equal lowest purchase rate in the market and with no annual fee, it's easy to see why the American Express Low Rate Credit Card took out the Experts Choice Low Rate Award.

Auswide's Low Rate Visa also picked up a Mozo Experts Choice Award for Low Rate Credit Card. It's annual fee is waived for customers under 25 and also offers a whole year of 0% interest on balance transfers.

If you're in the market for a credit card that's easy on the hip pocket, the Bank of us Visa provides a low ongoing interest rate, and the already low annual fee is refunded when you spend $8,000 annually.

With a low rate on purchases, balance transfers and cash advances, there's good reason why the Community First McGrath Pink Visa was awarded a Low Rate Credit Card award. Additionally, with half of your annual fee donated to the McGrath Foundation each year you hold the card, this one offers top features as well as rates.

The Credit Union SA Education Community Visa Card is a great low cost option available to South Australian teachers and other educators.

Easy Street is bringing great value to the table with its Easy Low Rate Visa Credit Card, which boasts the second lowest interest rate on the market at time of writing. It also features a cash advance and balance transfer rate to match, and a low annual fee.

A low purchase rate, $50 annual fee and 50 days interest free offer from G&C Mutual Bank provides a great low cost no-frills credit card option.

The Unity Bank Visa Credit Card has won this award three years running now, and it's easy to see why with a low 10.15% interest rate and a budget-friendly $60 annual fee (waived in the first year).

The purchase rate on the Bank First Visa Platinum is one of the lowest around for platinum cards, and it comes with jetsetting benefits like free travel insurance, concierge and a 2.50% foreign exchange fee.

Vertigo Platinum cards, like this one from Bank of Melbourne, offer premium benefits like travel and purchase insurance without the premium interest rate and annual fee. Their long 0% balance transfer offers are the icing on the cake.

Trams and Aussie Rules aren't the only thing South Australia has in common with Melbourne. BankSA offer the same great Vertigo Platinum Card as Bank of Melbourne, but with better weather.

The Vertigo Platinum is also available in the rest of the country through St.George. Along with its interstate cousins, it's one of the best-priced Platinum cards on offer.

The Bankwest Breeze Platinum Mastercard comes with an interest free introductory period, low ongoing interest rate, and features such as travel insurance and price guarantee. Add in no foreign exchange fees on online or international purchases to round out a great card.

Bendigo Bank's Low Rate Platinum Mastercard is a low rate credit card with all the perks of a platinum product. The $89 fee is waived in the first year and you'll also get a unique insurance protection for your mobile phone and tablet to cover lost devices and broken screens.

The Citi Clear Platinum has one of the lowest ongoing purchase rates in the market for a platinum card. The $99 annual fee is also one of the lowest around for a platinum card and at the moment you can snag this card with no annual fee in the first year.

With a low ongoing rate and an even lower introductory rate, the NAB Low Rate Platinum card is worthy of consideration as a premium option that won't break the budget.

The P&N Bank Visa Platinum card provides an 11.49% purchase rate along with up to 45 interest free days. Plus, you'll also be treated to 24/7 access to the Visa Concierge service.

The American Express Low Rate Credit Card boasts the lowest rate you’ll see across Amex credit card products. Offering a handy 0% for 12 months on balances transferred from another card as well as no annual fee, it's an attractive choice if you're looking to avoid ongoing fees.

The Bank Australia Visa Credit Card is free to keep in your wallet with a $0 annual fee and it's got a low purchase rate of 12.39%, so you won't end up paying sky high interest if you occasionally carry over a balance.

The budget friendly Visa Classic Credit Card from Bank First comes with a 12.94% purchase rate, no annual fee and a 0% balance transfer and purchase rate for the first 6 months.

0% interest for purchases and balance transfers in the first 6 months, no annual fee and a low 9.99% ongoing interest rate make the Credit Union SA Education Community Visa is a great low cost option. However, as the name suggests, the offer is only available to South Australian teachers and other educators.

Even if you're not a diehard supporter of the Brisbane Heat cricket side, the CUA Low Rate Credit Card might just bowl you over. It features no annual fee, a 0% balance transfer offer for 13 months and super low purchase rate.

Hume Bank's Value Visa lives up to its value name, offering a low purchase rate without making you fork out a fee every year.

Let's be frank, ME Bank know how to make a great no annual fee card, offering a low interest rate for both purchases and cash advances.

As well as no annual fee, the QBANK Bluey Card also comes with a 12 month 0% balance transfer offer and competitive low purchase rate.

Featuring an introductory 7.90% for both purchases and balance transfers for the first 6 months, along with no annual fee and 55 days interest free, Teachers Mutual Bank presents a great card for the education sector.

UniBank offers the same great credit card as Teachers Mutual, but for University students, researchers, faculty and staff.

A travellers trusty companion, the 28 Degrees Platinum Mastercard comes with 0% foreign exchange margin on overseas purchases, concierge and of course, no annual fee.

The Bankwest Zero Platinum Mastercard is another top travel credit card for your wallet. It comes with no annual fee and no foreign exchange margin on international purchases.

Even if you're not a diehard supporter of the Brisbane Heat cricket side, this card might just bowl you over. It features no annual fee, a 0% balance transfer offer for 13 months and platinum benefits like travel insurance and a rewards program.

While the great balance transfer is the hero for this award, the sidekicks of no annual fee and a super low interest rate round out to make the American Express Low Rate Card of the best value on the market.

Our armed forces have an excellent balance transfer offer available to them with the Australian Military Bank Low Rate Visa. The card also comes with a low $59 annual fee.

Once you've finished paying off debt with the great 0% balance transfer rate, the Beyond Bank Low Rate card features a whopping 62 days interest free on purchases.

0% interest for purchases and balance transfers in the first 6 months, no annual fee and a low ongoing interest rate make this card a great low cost option, only available to South Australian teachers and other educators.

Heritage Bank's Gold Low Rate card's no annual fee, great balance transfer term and cash advance rate that matches the low purchase rate results in a card that's pure gold.

Police Bank waive the annual fee for this card in the first year, giving you a year to pay off any transferred debts with no interest rate and minimal fees.

As well as a great balance transfer offer, the QBANK Bluey card also comes no annual fee and a competitive low purchase rate.

A big balance transfer offer from a big bank, the Westpac Low Rate card brings with it low $59 annual fee that's waived in the first year.

ANZ's Platinum card provides a huge 18 month balance transfer offer, and no annual fee in the first year.

The low interest rate combined with a 14 month 0% balance transfer offer make this card an attractive option for those looking to clear out some debt.

Even if you're not a diehard supporter of the Brisbane Heat cricket side, this card might just bowl you over. It features no annual fee, a 0% balance transfer offer for 13 months and platinum benefits like travel insurance and a rewards program.

You don't have to be a frequent shopper at Myer to take advantage of the Myer Platinum Visa Card. The yearly fee is waived in the first year and travel insurance is included as a platinum perk.

The Westpac 55 Day Platinum card offers an attractive 20 months balance transfer term, coupled with platinum benefits such as travel insurance and concierge.

Woolies shoppers keen to earn points on spending and cut down on their grocery bill will find the 14 month balance transfer handy if they have any existing credit card debt.

Released in March this year, the new Essentials Credit Card comes with a low 9.90% interest rate and a $60 annual fee which is discounted to $24 if you sign up for CommBank’s auto payment plan. Along with the $3,000 maximum credit limit and lack of cash advance facility, this card is designed to encourage responsible spending and planned repayment. A thoughtful move from a big bank, that the Mozo Experts were keen to reward.