Your selected credit cards
100,000 bonus Citi reward Points when you spend $5,000 on eligible purchases within 3 months from approval. That’s $400 when you Pay with Points! Earn up to 1 Citi reward Point per $1 on eligible transactions. Apply for a credit limit from $2,000 up to $100,000. This product is provided by National Australia Bank Limited, using certain trademarks temporarily under licence from Citigroup Inc.
100,000 bonus Citi reward Points when you spend $5,000 on eligible purchases within 3 months from approval. That’s $400 when you Pay with Points! Earn up to 1 Citi reward Point per $1 on eligible transactions. Apply for a credit limit from $2,000 up to $100,000. This product is provided by National Australia Bank Limited, using certain trademarks temporarily under licence from Citigroup Inc.
Read reviews and learn more about Citi credit cards
Your selected credit cards
Receive 50,000 Bonus Membership Rewards Points when you apply online, are approved, and spend $4,000 on eligible purchases on your new Card within the first 3 months. T&Cs apply. New Card Members only.*
Receive 50,000 Bonus Membership Rewards Points when you apply online, are approved, and spend $4,000 on eligible purchases on your new Card within the first 3 months. T&Cs apply. New Card Members only.*
Read reviews and learn more about American Express credit cards
Your selected credit cards
0% p.a. for 24 Months on balance transfers. 1.5% balance transfer fee applies. Rate reverts to cash advance rate. $49 annual fee in the first year, reverts to $99 thereafter. Enjoy a low ongoing variable purchase rate of 14.99% p.a. This product is provided by National Australia Bank Limited, using certain trademarks temporarily under licence from Citigroup Inc.
0% p.a. for 24 Months on balance transfers. 1.5% balance transfer fee applies. Rate reverts to cash advance rate. $49 annual fee in the first year, reverts to $99 thereafter. Enjoy a low ongoing variable purchase rate of 14.99% p.a. This product is provided by National Australia Bank Limited, using certain trademarks temporarily under licence from Citigroup Inc.
Your selected credit cards
Enjoy 0% p.a. for 15 months on purchases and balance transfers. Balance transfer reverts to cash advance rate. Earn up to 1 Citi reward Point per $1 on eligible transactions. Apply for a credit limit from $2,000 up to $100,000. Balance transfer fee applies. This product is provided by National Australia Bank Limited, using certain trademarks temporarily under licence from Citigroup Inc.
Enjoy 0% p.a. for 15 months on purchases and balance transfers. Balance transfer reverts to cash advance rate. Earn up to 1 Citi reward Point per $1 on eligible transactions. Apply for a credit limit from $2,000 up to $100,000. Balance transfer fee applies. This product is provided by National Australia Bank Limited, using certain trademarks temporarily under licence from Citigroup Inc.
Read reviews and learn more about Citi credit cards
Your selected credit cards
Spend with confidence with a low variable purchase rate and 0% p.a. interest on balance transfers for the first 24 months. Unpaid balance transfer reverts to variable cash advance rate. 3% balance transfer fee applies. There’s also up to 55 interest free days on purchases to help you manage your budget when you pay your account in full by the due date. Minimum credit limit $1,000. Low annual fee. T&Cs, fees, charges and eligibility criteria apply.
Spend with confidence with a low variable purchase rate and 0% p.a. interest on balance transfers for the first 24 months. Unpaid balance transfer reverts to variable cash advance rate. 3% balance transfer fee applies. There’s also up to 55 interest free days on purchases to help you manage your budget when you pay your account in full by the due date. Minimum credit limit $1,000. Low annual fee. T&Cs, fees, charges and eligibility criteria apply.
Read reviews and learn more about NAB credit cards
Your selected credit cards
Receive 40,000 Bonus Membership Rewards® Points when you apply online by 28 January 2025, are approved, and spend $3,000 on eligible purchases on your new American Express Essential® Rewards Credit Card within the first 3 months. T&Cs apply. Available to new American Express Card Members only.
Receive 40,000 Bonus Membership Rewards® Points when you apply online by 28 January 2025, are approved, and spend $3,000 on eligible purchases on your new American Express Essential® Rewards Credit Card within the first 3 months. T&Cs apply. Available to new American Express Card Members only.
Read reviews and learn more about American Express credit cards
Your selected credit cards
Receive 50,000 bonus Qantas Points when you apply online by 14 January 2025, are approved, and spend $3,000 on eligible purchases on your new Qantas American Express Ultimate Card within the first 3 months of your approval date. T&Cs apply. Available for new American Express Card Members only.
Receive 50,000 bonus Qantas Points when you apply online by 14 January 2025, are approved, and spend $3,000 on eligible purchases on your new Qantas American Express Ultimate Card within the first 3 months of your approval date. T&Cs apply. Available for new American Express Card Members only.
Read reviews and learn more about American Express credit cards
Your selected credit cards
Get 0% p.a. on purchases and balance transfers for 9 months with a 1% balance transfer fee. Reverts to cash advance rate. $0 annual fee to pay. Earn 2 rewards points per dollar on your eligible purchases at Kogan.com & 1 rewards point per dollar on your everyday purchases, almost anywhere (T&Cs apply). FREE Kogan First membership valued at $129/year. Add up to 4 additional cardholders at no cost.
Get 0% p.a. on purchases and balance transfers for 9 months with a 1% balance transfer fee. Reverts to cash advance rate. $0 annual fee to pay. Earn 2 rewards points per dollar on your eligible purchases at Kogan.com & 1 rewards point per dollar on your everyday purchases, almost anywhere (T&Cs apply). FREE Kogan First membership valued at $129/year. Add up to 4 additional cardholders at no cost.
Read reviews and learn more about Kogan Money credit cards
Your selected credit cards
If you’re looking for a straightforward credit card, start here:
Want to make the most of your credit card with rewards and perks? Check these out:
A new year is an excellent opportunity to health check your finances, particularly if you’ve used a credit card to cover holiday spending.
We’ve written about ways you can wipe away debt, but here’s a quick overview:
Whether you’ve got a credit card or are thinking about getting one, take a moment to compare your options, and take particular note of the interest rate and fees attached.
Here are some of the best credit card offers available this month.
Citi credit cards
ANZ credit cards
With a credit card, you can borrow money on demand to make purchases. The amount you can borrow is capped at a certain amount, known as your credit card limit.
Any money that you spend using your credit card, including on purchases, cash advances, and balance transfers, must be repaid.
Each month, you will receive a credit card statement that outlines how much credit you’ve used (your balance), the minimum repayment amount, and the due date.
If you repay your balance in-full before the due date, you can avoid paying interest on your purchases.
Credit cards can also come with interest-free periods on eligible purchases. In Australia, interest-free periods are typically 44 to 55 days long, but can vary depending on the provider.
There are a range of credit card types available in Australia, which you can compare on Mozo.
A low interest credit card typically has a low interest rate for purchases, which could help you to save money if you don’t always pay off your balance in-full each month.
The trade-off of a low-interest rate credit card is that these ‘no-frills’ credit cards usually don’t have rewards programs, perks, or bonuses.
View
Rewards credit cards are a popular way to earn something back while you spend using your credit card. Credit card rewards are usually tied to airline frequent flyer, brand-specific, or supermarket rewards programs, and typically revolve around accruing points, which can be redeemed later down the track.
The downside is that rewards credit cards often come with higher fees and interest rates than no-frills cards. This means you’ll want to make the most of your credit card rewards points and ensure you pay off your balance in-full, to avoid paying interest.
View
With a balance transfer credit card, you can roll over your existing credit card debts to a new card and enjoy 0% interest (or a very low rate) on your balance, for a limited time. Balance transfer introductory periods can last anywhere from 5 to 30 months, but it’s more common to see 12-month offers, according to the Mozo database.
After it ends, your credit card rate will revert to the purchase or cash advance rate, which can be quite a shock to your finances. That’s why, during this time, it’s a great opportunity to pay down your credit card debt as much as possible. That way, by the time the balance transfer period ends and you need to start paying interest, you don’t get further into debt.
Balance transfer fees, which is usually a percentage of the amount you’re transferring, may apply. So, factor that into your decision when comparing credit cards.
View
No annual fee credit cards don’t charge customers a yearly fee in order to use their cards. They usually still have other fees, such as late payment and foreign exchange fees, and the trade-off is sometimes a steep interest rate on purchases.
If you’re the kind of person who pays off their credit card balance in-full and won’t have to worry about being charged interest, then a no annual fee credit card could be a money-saving match.
View
There are various types of interest-free credit cards on the market, which can include balance transfer and introductory-rate credit cards.
However, there are also interest-free credit cards that instead charge a monthly or annual fee. This type of card usually has a lower credit limit (e.g. $1,000 or $3,000), with a fee that scales alongside it (e.g. $10 or $30/month).
In some cases, these 0% interest, monthly fee credit cards will waive your fee if you haven’t used your card, or paid off your balance in-full.
Examples of interest-free, monthly fee credit cards include the Westpac Flex Card, NAB StraightUp Card, and Community First Bank n0w Credit Card.
View
Travel credit cards are tailored to those who like to splash out overseas. From no overseas transaction or ATM fees, to earning Frequent Flyer points, travel credits, and even complimentary travel insurance, these credit cards can help you save money while travelling for work or play.
The catch, however, is that travel cards tend to charge you high interest rates. So, it’s important to weigh up whether a card’s travel perks outweigh its interest rate.
View
Platinum credit cards typically come with much higher credit limits and, as a result, have stricter eligibility criteria. However, what makes platinum credit cards appealing are the perks that often come with them.
Platinum credit card perks can include complimentary insurance, flight upgrades, airline discounts, concierge services, exclusive rewards programs, and more.
This type of credit card is often only available to those with high incomes and good credit scores, partly due to the perks, and partly due to the higher cost of using these cards.
View
Credit cards, while useful, definitely have their risks. However, using your credit card responsibly can greatly reduce the potential risk they have.
For example, if you only ever make minimum payments on your credit card balance, your debt can snowball, thanks to compound interest. Runaway credit card debt can prove extremely stubborn to clear.
Missing credit card payments altogether can also negatively affect your credit score and result in late fees that pile up, only adding to your debt more.
By making sure that you don’t overspend on your credit card, and pay it off on time and (when possible) in-full, you can enjoy the benefits of a credit card without the potential downsides.
Credit cards do have fees, but not all cards charge the same amount for the same thing. Common credit card fees can include:
Some credit card providers may waive or discount your annual fee for the first year, as an introductory offer. Those that charge a monthly fee, which are oftentimes interest-free credit cards, may even waive your fee for paying your balance off in-full.
When you’re choosing a credit card, make sure to read through the product’s terms and conditions, so that you can understand all the costs involved with using your new card.
When you’re choosing a credit card to get, make sure it’s the right one for you by looking at a few of the key features of the cards you’re interested in.
Here’s some steps you can take to compare different credit card options:
Most credit card providers have preferences for who they’ll approve a credit card for. While your application’s success can depend on factors like your credit score, your income, and more, they typically want someone who is:
Of course, this is a generalisation. But, having a steady income and low debt can really bolster your chances of success.
The factors that can affect credit card approval include:
When you apply for a credit card, you will need to have documents that show proof of identity, income and expenses.
You can usually apply for a credit card online, either through the bank’s website or app. However, it’s also possible to talk to a credit card provider in-person, in a bank branch.
Mozo’s expert guides are here to help you make the most of your credit card. See all
All the latest credit card news and top tips to help you manage your credit card. See all
See Mozo’s free range of credit card calculators View all
Most credit cards offer a certain number of interest-free days on eligible purchases. Known as an interest-free period, this is the maximum number of days after making a payment before you’re charged interest for it – provided you have paid off your closing balance by the due date.
To avoid paying interest on your credit card, make sure that you pay off your closing balance before your credit card bill is due. If you still have money owing on your credit card at the end of the month, then this is what the bank will use to calculate interest.
A cash advance refers to using your credit card to get cash, rather than spending it on goods or services. Examples of when cash advances apply include withdrawing money from an ATM and transferring money from your credit card account to another account.
Most credit cards charge a fee for cash advances and interest for not paying them back before the due date. Cash advance interest rates are typically higher than a credit card’s purchase rate.
A balance transfer moves your existing credit card debt to a new credit card. Balance transfer credit cards typically charge very low or 0% interest for a set period (e.g. 12 months), allowing you to pay down your credit card debt without more interest being added to it. If you can’t pay off your balance on time, it could cost you more.
If you can’t pay your credit card bill, you risk getting into more credit card debt and hurting your credit history. But there are ways to get out of or reduce credit card debt.
Your first port of call is to get in contact with your card issuer’s hardship department. The sooner they know about your issue, the sooner an action plan can be put in place to help. By explaining your situation to them, they may offer to put together a repayment plan, based on what you can afford. This can include freezing interest on your card and allowing for smaller repayments, among other things.
If your credit score is too low, or you have a bad credit history, then your credit card provider may reject your application.
The process of application was very easy and streamlined. It was amazing how quickly the application was approved and the card arrived in the mail earlier then what was advised. Having a credit cards comes in handy for emergencies or the sneaky little splurge. Paying the credit card off is always good to set a budget with a direct debit coming out where you won't even miss the amount.
Read full reviewThe process of application was very easy and streamlined. It was amazing how quickly the application was approved and the card arrived in the mail earlier then what was advised. Having a credit cards comes in handy for emergencies or the sneaky little splurge. Paying the credit card off is always good to set a budget with a direct debit coming out where you won't even miss the amount.
Communication is zero until you complain then they try and contact but they do not answer their "secure" mail emails at all. The actual statements that you receive are not consumer friendly to decipher and they do not have any branches close to call into. There are a lot of other banks that do care more and are more competitive with their fees and rewards structure. Overall Customer service is what they need to lift
Read full reviewCommunication is zero until you complain then they try and contact but they do not answer their "secure" mail emails at all. The actual statements that you receive are not consumer friendly to decipher and they do not have any branches close to call into. There are a lot of other banks that do care more and are more competitive with their fees and rewards structure. Overall Customer service is what they need to lift
I've been using the St. George Vertigo Credit Card for a while now, and I'm impressed with the low interest rates compared to competitors. It's been a great option for balance transfers, saving me money in the long run. The rewards program is straightforward, though I'd love to see more flexibility in redemption options. Customer service has always been helpful, especially during the sign-up process. On the downside, the app can be a bit slow at times, but overall, I'm happy with the convenience and benefits.
Read full reviewI've been using the St. George Vertigo Credit Card for a while now, and I'm impressed with the low interest rates compared to competitors. It's been a great option for balance transfers, saving me money in the long run. The rewards program is straightforward, though I'd love to see more flexibility in redemption options. Customer service has always been helpful, especially during the sign-up process. On the downside, the app can be a bit slow at times, but overall, I'm happy with the convenience and benefits.
Cons - getting through to the call centre can be tedious. the interest rates are not favourable. glitches occur on the mobile app. refused a personal loan, where as another bank didn't.
Read full reviewCons - getting through to the call centre can be tedious. the interest rates are not favourable. glitches occur on the mobile app. refused a personal loan, where as another bank didn't.
More credit card reviews
Switch & save calculator
Debt payments calculator
Rewards revealer
