Spend Smarter: Australia’s top credit cards in 2025 revealed

Today Mozo is thrilled to announce the winners of the 2025 Mozo Experts Choice Awards for credit cards. Experts sifted through hundreds of cards from 63 providers to identify the best value cards for Aussie consumers in 2025.

“Choosing a credit card can be a confusing and time consuming process with a huge range of rates and fees to consider, so it's important for consumers to make sure they are getting the best value they can,” says Peter Marshall, Banking expert and Mozo Experts Choice Awards Judge.

“Through our analysis, we’ve identified the best value credit cards to narrow down the search and help take the sting out of the search process.”

“In the last year we’ve seen credit card annual fees continue to rise* so it's important to review cards based on your needs and budget and make sure that if you’re paying for added features you use them. That’s why the winners in the low rate and no annual fee categories are great options for savvy spenders who want to avoid paying more than they need to,” explains Marshall

*We calculated the average annual fee of credit cards in the Mozo database and have observed a steady year on year increase since 2020

Identifying the best value cards

 Low rate credit cards

Low rate credit cards are great options for Aussies who carry a balance. Winners in the low rate category were ranked highest by Mozo experts for their low cost over a five year period.

“The winners list spotlights low rate and low rate premium cards. Premium cards needed to offer premium benefits, such as purchase protection and concierge services,  along with a great low rate. The winners list is a great starting point for savvy consumers who prioritise a low interest rate,” explains Marshall

No annual fee credit cards

No annual fee card winners needed to offer an interest free period of at least 44 days and of course, charge no annual fee.

“No annual fee cards make a great option for Aussies who want a competitive interest rate and a low cost credit card. These cards can be a great way to access free credit if the consumer is able to pay off their balance in full each month,” says Marshall

 Read the full methodology.

Winners List:

Australia’s Best Credit Card Provider

• American Express 

Highly Commended Credit Card Provider

• Bankwest 
• HSBC 

Low Rate Credit Card

• Coastline Bank - Visa Credit Card
• Community First Bank - Low Rate Blue Credit Card
• Community First Bank - Low Rate Credit Card
• Community First Bank - Low Rate Pink Credit Card
• Credit Union SA - Education Community Visa Credit Card
• Defence Bank - Foundation Credit Card
• Easy Street - Easy Low Rate Visa Credit Card
• G&C Mutual Bank - Low Rate Visa Credit Card
• Illawarra Credit Union - Low Rate Credit Card
• MOVE Bank - Low Rate Credit Card
• Unity Bank - Low Rate Visa Credit Card

Low Rate Premium Credit Card

• Bank First - Visa Platinum Credit Card
• Bankwest - Breeze Platinum Mastercard
• Bankwest - Zero Platinum Mastercard
• BOQ Specialist - Platinum card 
• Citi - Clear - Balance Transfer Offer
• P&N Bank - Visa Platinum Credit Card

No Annual Fee Credit Card

• American Express- Low Rate Credit Card
• Bank First - Visa Classic Credit Card
• BankVic - Low Rate Visa
• Coastline Bank - Visa Credit Card
• Credit Union SA - Education Community Visa Credit Card
• Firefighters Mutual Bank - Credit Card
• Health Professionals Bank - Credit Card
• Hume Bank - Value Visa Card
• Police Credit Union - Extralite Credit Card
• QBANK - Bluey Card
• Qudos Bank - Lifestyle Plus
• Teachers Mutual Bank - Credit Card
• UniBank - Credit Card

No Annual Fee Premium Credit Card

• Bankwest - Zero Platinum Mastercard
• Bendigo Bank - Ready Credit Card
• BOQ Specialist - Platinum card

To see the full list of winners, and details on how the winners were chosen, you can read the methodology. Head to the hub to compare credit card rates and features.