Best Credit Cards 2017
Congratulations to the winner’s of Mozo Experts Choice Awards for credit cards. If you’re after a new credit card in 2017, the Mozo Experts Choice winners list below is a great place to start your search.
Congratulations to the winner’s of Mozo Experts Choice Awards for credit cards. If you’re after a new credit card in 2017, the Mozo Experts Choice winners list below is a great place to start your search.
Now in their fourth year, the Mozo Experts Choice Awards provide a platform to highlight products in the marketplace we believe offer great value to Australians.
For the 2017 credit card awards, over 190 credit cards from 65 financial institutions were compared by our money experts. The best credit card for you will depend on your spending habits and financial needs so there are several categories of awards to help you narrow down your search.
For details on how we crunched the numbers and determined the award winners see our methodology report.
Winners for
American Express won 11 Experts Choice Awards in 2017. In addition to winning awards in all rewards credit cards categories, American Express was also awarded for its low fee credit cards and balance transfer options.
Essential Credit Card
Membership Rewards
14.99% p.a.
0% p.a. for 12 months and then 14.99% p.a. (3.00% balance transfer fee)
$0
1 point per dollar on Amex, uncapped
Qantas Discovery Card
Qantas Frequent Flyer
20.74% p.a.
0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)
$0
1 point per dollar on Amex, uncapped
Qantas Ultimate Card
Qantas Frequent Flyer
20.74% p.a.
0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)
$450
1.5 points per dollar on Amex, uncapped
Explorer Credit Card
Membership Rewards
20.74% p.a.
0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)
$395
2 points per dollar on Amex, uncapped
Platinum Edge Credit Card
Membership Rewards
20.74% p.a.
0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)
$195
1 point per dollar on Amex, uncapped
Velocity Platinum Card
Velocity Frequent Flyer
20.74% p.a.
0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)
$375
1.5 points per dollar on Amex, uncapped
Low Rate Credit Card
8.99% p.a.
0% p.a. for 12 months and then 8.99% p.a. (1.00% balance transfer fee)
$0
n/a
We compared 190 credit cards in our database to find the cheapest standard and platinum credit cards for cardholders with an ongoing revolving balance. Check out the winners along with key features we used to determine the best low rate cards in Australia.
Low Rate
n/a
12.49% p.a.
$58
Breeze Platinum Mastercard
0% p.a. for 13 months
12.99% p.a.
$99
Clear Platinum
n/a
14.99% p.a.
$99
Low Rate Platinum Card
0% p.a. for 9 months
13.99% p.a.
$100
Vertigo Platinum
n/a
12.74% p.a.
$99
Vertigo Platinum
n/a
12.74% p.a.
$99
Vertigo Platinum
n/a
12.74% p.a.
$99
Low Rate Visa
n/a
9.39% p.a.
$59
Visa Silver
6.99% p.a. for 6 months
11.95% p.a.
$0
McGrath Pink Visa
n/a
8.99% p.a.
$40
Education Community Credit Card
0% p.a. for 6 months
9.99% p.a.
$0
Visa Credit Card
n/a
10.49% p.a.
$39
Low Rate Visa Credit Card
n/a
9.49% p.a.
$50 $0 in the first 1 year
Visa Credit Card
n/a
10.76% p.a.
$30 $0 in the first 1 year
Low Rate Visa Credit Card
n/a
10.49% p.a.
$30
Credit Card
7.90% p.a. for 6 months
11.50% p.a.
$0
Credit Card
7.90% p.a. for 6 months
11.50% p.a.
$0
Visa Credit Card
7.99% p.a. for 6 months
10.12% p.a.
$60 $0 in the first 1 year
Visa Classic Credit Card
0% p.a. for 6 months
12.94% p.a.
$0
Low Rate Platinum Mastercard
n/a
11.99% p.a.
$89
Platinum Visa
n/a
11.49% p.a.
$99
Visa Platinum Credit Card
0% p.a. for 6 months
9.99% p.a.
$99
Want to scrap paying an annual card fee? Here’s the best value credit cards chosen by our money experts to help you avoid paying fees. You’ll also get at least 55 interest free days with any of the cards listed below.
Essential Credit Card
Membership Rewards
$0
55
14.99% p.a.
frank Credit Card
$0
55
11.99% p.a.
Low Rate Credit Card
$0
55
8.99% p.a.
Visa Credit Card
$0
55
12.39% p.a.
Education Community Credit Card
$0
55
9.99% p.a.
Value Visa Card
$0
55
11.95% p.a.
Bluey Card
$0
55
11.99% p.a.
Credit Card
$0
55
11.50% p.a.
Credit Card
$0
55
11.50% p.a.
Visa Classic Credit Card
$0
55
12.94% p.a.
Low Fee Credit Card
$29 $0 when you spend over $1,000 p.a, $0 in the first 1 year
55
19.74% p.a.
Want platinum privileges, pay off your balance in full each month and want to keep fees to a minimum? Here’s the list of award winners in our low fee platinum category.
Platinum Mastercard
$0
21.99% p.a.
55
Concierge
Zero Platinum Mastercard
$0
17.99% p.a.
55
Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection
Everyday Platinum Credit Card
Woolworths Rewards
$49 $0 in the first 1 year
19.99% p.a.
55
Concierge,
Purchase Protection
If you’re looking to save money with a balance transfer, 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 $4,200 to another card, repaid at a rate of $100 per month for standard and $150 per month for premium cards.
Essential Credit Card
Membership Rewards
0% p.a. for 12 months and then 14.99% p.a. (3.00% balance transfer fee)
14.99% p.a.
$0
First
0% p.a. for 18 months and then 21.49% p.a. (2.00% balance transfer fee)
19.74% p.a.
$30
Breeze Platinum Mastercard
0% p.a. for 13 months and then 12.99% p.a. (2.00% balance transfer fee)
12.99% p.a.
$99
Platinum Credit Card
Rewards Plus
0% p.a. for 22 months and then 21.99% p.a. (2.00% balance transfer fee)
19.99% p.a.
$129 Refunded when you spend over $6,000 p.a
Low Fee Platinum Card
0% p.a. for 24 months and then 21.74% p.a. (2.00% balance transfer fee)
19.74% p.a.
$90
Low Rate Platinum Card
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
13.99% p.a.
$100
Everyday Platinum Credit Card
Woolworths Rewards
0% p.a. for 14 months and then 21.99% p.a.
19.99% p.a.
$49 $0 in the first 1 year
Low Rate Credit Card
0% p.a. for 12 months and then 8.99% p.a. (1.00% balance transfer fee)
8.99% p.a.
$0
Low Rate Visa Credit Card
0% p.a. for 12 months and then 10.99% p.a.
10.99% p.a.
$49
Low Rate
0% p.a. for 12 months and then 12.49% p.a.
12.49% p.a.
$49
Education Community Credit Card
0% p.a. for 6 months and then 9.99% p.a.
9.99% p.a.
$0
Visa Credit Card
0% p.a. for 6 months and then 10.49% p.a.
10.49% p.a.
$39
Gold Low Rate
0% p.a. for 12 months and then 11.80% p.a.
11.80% p.a.
$0
Mastercard
Jetstar Dollars
0% p.a. for 14 months and then 14.99% p.a.
14.99% p.a.
$69 $0 in the first 1 year
Visa Credit Card
0% p.a. for 12 months and then 10.76% p.a.
10.76% p.a.
$30 $0 in the first 1 year
Visa Classic Credit Card
0% p.a. for 6 months and then 12.94% p.a.
12.94% p.a.
$0
Clear Options Platinum
Suncorp Rewards
0% p.a. for 18 months and then 21.99% p.a.
20.74% p.a.
$129
Want a credit card with more than just purchasing power? ANZ’s suite of credit cards below have a range of complimentary services including travel and other insurances, emergency card replacement and concierge services that wowed our judges.
Frequent Flyer Platinum
Qantas Frequent Flyer
19.99% p.a.
$295 $0 in the first 1 year
Qantas Frequent Flyer
Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection,
Rental Car Excess Cover,
Guaranteed Pricing
Frequent Flyer Black
Qantas Frequent Flyer
19.99% p.a.
$425 $0 in the first 1 year
Qantas Frequent Flyer
Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection,
Rental Car Excess Cover,
Guaranteed Pricing
Rewards Platinum
ANZ Rewards
18.79% p.a.
$95 $0 in the first 1 year
ANZ Rewards
Concierge,
Travel Insurance,
Commission-free Travellers Cheques,
Extended Warranty,
Purchase Protection,
Rental Car Excess Cover,
Guaranteed Pricing
Rewards Black
ANZ Rewards
18.79% p.a.
$375 $0 in the first 1 year
ANZ Rewards
Concierge,
Travel Insurance,
Commission-free Travellers Cheques,
Extended Warranty,
Purchase Protection,
Rental Car Excess Cover,
Guaranteed Pricing
Every day Mozo keeps track of thousands of products in banking, energy and insurance.
The Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to consumers. Credit card providers don’t pay to be in the running and we don’t play favourites. Our Judges base their decision on hard-nosed calculations of value to the consumer, using Mozo’s extensive product database and research capacity.
Experts Choice Awards are awarded to the top 10% of products that meet the selection criteria in each awards category.
How many credit cards did you compare for the awards?
Mozo analysed 190 personal credit card products from 65 providers for the Mozo Experts Choice Credit Card Awards.
How do I choose the best card for me?
We all have different financial needs and spending habits. When looking for a credit card you’ll need to carefully think about your ability to repay any balance, the card benefits that you’ll use most or get the best value from.
For instance, 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.
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.
Mozo also has a range of helpful credit card guides that can help you to learn more about the different features and types of credit cards available. To see the latest credit card deals you can visit our credit cards hub.
How did you select winners 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.
Who are Mozo’s product experts?
Mozo has been researching and comparing financial products since 2008, and thousands of Australians use our comparison services each month. Our research team is headed by our Data Services Director and our Product Data Manager who have over 50 years of financial services experience and 22 years in online financial comparison.
Where can I get more information about the awards criteria?
Our awards methodology report is available for you to read, which includes information on the criteria for each award category.
I work for a financial provider, how do we promote our award win?
Please get in touch with us to discuss by emailing [salesteam@mozo.com.au] or phoning our advertising sales team on 02 9037 4368.
