Congratulations to the 2018 winner’s of Mozo Experts Choice Awards for credit cards. No matter what you’re looking for in a new credit card - a low interest rate, no annual fee or the latest innovation - the Mozo Experts Choice winners list below is a great place to start your search.
Now in their fifth year, the Mozo Experts Choice Awards provide a platform to highlight products in the marketplace we believe offer great value to Australians.
For the 2018 credit card awards, over 199 credit cards from 67 financial institutions were compared by our money experts. We’ve grouped cards into easy to compare categories so that you can find a credit card that best meets your spending and financial needs.
For details on how we crunched the numbers and determined the award winners see our methodology report.
American Express took home a total of thirteen Mozo Expert Choice Awards this year, almost double the number of the next best provider. They were awarded in Low Rate, No Annual Fee and Balance Transfer categories, as well as every Reward Credit Card category. This is the third year running American Express has walked away with this award, displaying their consistency even in the face of a changing credit card market. While their cards can be subject to merchant surcharges and reduced acceptance, we once again feel that the breadth of offerings from American Express is worthy of recognition.
Low Rate Credit Card
Low Rate Visa
Visa Credit Card
McGrath Pink Visa
Education Community Visa Credit Card
Easy Low Rate Visa Credit Card
Low Rate Visa Credit Card
Visa Credit Card
Visa Platinum Credit Card
Vertigo Platinum
Vertigo Platinum
Vertigo Platinum
Breeze Platinum Mastercard
Low Rate Platinum Mastercard
Clear Platinum
Low Rate Platinum Card
Visa Platinum Credit Card
Low Rate Credit Card
Visa Credit Card
Visa Classic Credit Card
Education Community Visa Credit Card
Low Rate Credit Card (Brisbane Heat Offer)
Value Visa Card
frank Credit Card
Bluey Card
Credit Card
Credit Card
Platinum Mastercard
Zero Platinum Mastercard
Platinum Credit Card (Brisbane Heat Offer)
Low Rate Credit Card
Low Rate Visa Credit Card
Low Rate
Education Community Visa Credit Card
Gold Low Rate
Visa Credit Card
Bluey Card
Low Rate
Platinum
Clear Platinum
Platinum Credit Card (Brisbane Heat Offer)
Platinum Visa Card
55 Day Platinum Card
Everyday Platinum Credit Card
Essentials Card
The Mozo Experts selected the Qantas Money app as the best innovation in cards over the past 12 months. Qantas Money allows you to connect transaction accounts from other banks and institutions to the app, revealing spending insights from your entire financial setup. It's something that you'd expect to need a third-party app for, but Qantas Money have built it in. A useful feature for cardholders and a forward-looking statement from Qantas.
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.
Our award methodology report is available for you to read which includes criteria for each award category and lists all providers considered for awards.
We analysed 199 personal credit card products from 67 providers for the 2018 Mozo Experts Choice Credit Card Awards. We can’t say this covers every credit card product available but it is a large proportion the ones that are publicly available to Australian consumers.
To be considered for this award, we examined all new entrants to the Mozo credit card database in the last 12 months and assessed each on the potential value to their cardholders.
To avoid awarding short term tactical offers, discounted balance transfer rates were required to be in the market for at least three months.
We based the award on a $4200 transfer, repaid at a rate of $100 per month. The calculations included any discounted balance transfer interest rate, the interest rate applicable beyond any discounted period, any fees that may be charged to gain access to a balance transfer rate, and annual fees. We also assumed that the card was not used for any new purchases.
There is a reason why there are so many different categories of Mozo Experts Choice Awards in Credit Cards. When you’re looking for a credit card you’ll want to think carefully about your ability to repay any balance, the card benefits that you’ll use most or get the best value from.
For instance, low rate cards are generally better value if you carry a balance on your card from time to time. If you’re able to pay off your balance in full each month a no annual fee or rewards credit card could be best for you.
If you want to learn more about key features of credit cards and the types of cards that are available, why not check out our range of helpful credit card guides. To see the latest credit card deals you can visit our credit cards hub.
Mozo has been researching and comparing 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 23 years in online comparison.
Please get in touch with us to discuss by emailing or phoning our advertising sales team on 02 9037 4368.