balance transfer credit cards

Credit cards

Fact Checked

Balance transfer credit card comparisons on Mozo - last updated 18 October 2021

Search promoted credit cards below or do a full Mozo database search. Advertiser disclosure.
Balance transfer calculator: how much money could you save?
1
2
3
4
I need to transfer
I can repay
each month
My current interest rate is
% p.a.
My current annual fee is

Transfer amount:

$

Monthly repayment:

$

Current interest rate:

%

Current annual fee:

$

Change my values

We've updated the table to show your savings!(how are they calculated?)
  • placeholder
    Great Southern Bank Low Rate Credit Card

    0% balance transfer rate for 25 months and up to 55 interest free days. No annual fee for the first year and $49 after. Mozo Experts Choice Balance Transfer Platinum Credit Card Winner 2020^

    Balance transfer rate
    Purchase rate
    Annual fee
    Rewards program
    Estimated savings
    0% p.a. for 25 months and then 21.74% p.a.
    11.99% p.a.
    $49 $0 in the first year
    -
    Compare
    Go to site
    Details
  • Apply By 10 October 2021
    placeholder
    humm90 Mastercard

    With up to 110 days interest free on your spending, this card is pretty unique in the market, and great for managing your daily spend. Plus, no foreign transaction fees overseas or online.

    Balance transfer rate
    Purchase rate
    Annual fee
    Rewards program
    Estimated savings
    No current offer
    23.99% p.a.
    $99
    -
    Compare
    Go to site
    Details
  • Apply By 31 October 2021
    placeholder
    Bendigo Bank Low Rate Credit Card

    0% p.a. on purchases for up to 12 months (Reverts to 11.99% p.a). Also 0% balance transfer for up to 12 months. Low annual fee of $45 and no fees for additional cardholders.

    Balance transfer rate
    Purchase rate
    Annual fee
    Rewards program
    Estimated savings
    0% p.a. for 12 months and then 11.99% p.a. (2.00% balance transfer fee)
    0% p.a. for 12 months then 11.99% p.a.
    $45
    -
    Compare
    Go to site
    Details
  • placeholder
    Westpac Low Rate

    Enjoy a super low rate of 13.74% with 55 days interest free plus 0% balance transfer for up to 28 months at 1% BT fee. No annual card fee for the first year, $59 thereafter. New Cards only. Offer ends November 30th 2021. T&C's and exclusions apply.

    Balance transfer rate
    Purchase rate
    Annual fee
    Rewards program
    Estimated savings
    0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)
    13.74% p.a.
    $59 $0 in the first year
    -
    Compare
    Go to site
    Details
  • placeholder
    Great Southern Bank Platinum Credit Card

    0% p.a. balance transfer for 25 months, $0 annual fee for the first year and also receive 1 rewards point for every dollar spent. Purchase protection insurance. Mozo Experts Choice Balance Transfer Platinum Credit Card Winner 2020^.

    Balance transfer rate
    Purchase rate
    Annual fee
    Rewards program
    Estimated savings
    0% p.a. for 25 months and then 21.74% p.a.
    19.99% p.a.
    $149 $0 in the first year
    Great Southen Bank Platinum Rewards
    Compare
    Go to site
    Details
  • placeholder
    NAB Low Rate Card

    0% p.a. interest on balance transfers for the first 32 months, plus a low ongoing purchase rate after that means you can spend with confidence. There's also up to 55 interest free days on purchases to help you manage your budget better.

    Balance transfer rate
    Purchase rate
    Annual fee
    Rewards program
    Estimated savings
    0% p.a. for 32 months and then 21.74% p.a. (0% balance transfer fee)
    12.99% p.a.
    $59 $0 in the first year
    -
    Compare
    Go to site
    Details
  • placeholder
    HSBC Platinum Credit Card

    0% p.a. on balance transfers for 36 months (Conditions apply). Also earn two HSBC rewards points per dollar on overseas purchases and one point per dollar for all other purchases.

    Balance transfer rate
    Purchase rate
    Annual fee
    Rewards program
    Estimated savings
    0% p.a. for 36 months and then 21.99% p.a.
    19.99% p.a.
    $129 $29 in the first year
    Rewards Plus
    Compare
    Go to site
    Details
  • Apply By 30 November 2021
    placeholder
    St.George Vertigo

    0% p.a. for 30 months on balance transfers requested at card application. 0% balance transfer fee applies. Rate then switches to applicable variable cash advance rate. No annual fee for the first year, $55 thereafter. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.

    Balance transfer rate
    Purchase rate
    Annual fee
    Rewards program
    Estimated savings
    0% p.a. for 30 months and then 21.49% p.a.
    13.99% p.a.
    $55 $0 in the first year
    -
    Compare
    Go to site
    Details
  • Apply By 30 November 2021
    placeholder
    Westpac Altitude Platinum

    Earn up to 130,000 bonus Altitude Points ($3k min. spend in the first 90 days on eligible purchases). 0% p.a. for 22 months on balance transfers requested at card application. 1% BT fee applies (rate reverts to the variable cash advance rate after). Discounted annual card fee of $49 for the first year ($150 thereafter). New Cards only. Offer ends November 30th 2021. T&C's and exclusions apply.

    Balance transfer rate
    Purchase rate
    Annual fee
    Rewards program
    Estimated savings
    0% p.a. for 22 months and then 21.49% p.a. (1.00% balance transfer fee)
    20.49% p.a.
    $150 $49 in the first year
    Altitude Rewards
    Compare
    Go to site
    Details
  • Apply By 30 November 2021
    placeholder
    BankSA Vertigo

    0% p.a. for 30 months on balance transfers requested at card application. 0% balance transfer fee applies. Rate then switches to applicable variable cash advance rate. No annual fee for the first year, $55 thereafter. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.

    Balance transfer rate
    Purchase rate
    Annual fee
    Rewards program
    Estimated savings
    0% p.a. for 30 months and then 21.49% p.a.
    13.99% p.a.
    $55 $0 in the first year
    -
    Compare
    Go to site
    Details
  • Apply By 30 November 2021
    placeholder
    Westpac Altitude Platinum

    Earn up to 60,000 bonus Qantas Points ($3k min. spend in the first 90 days on eligible purchases). 0% p.a. for 18 months on balance transfers requested at card application. 1% BT fee applies. $99 + $50 Annual Qantas Rewards card fee for the first year. New cards only. Offer ends November 30th 2021. T&C's and exclusions apply.

    Balance transfer rate
    Purchase rate
    Annual fee
    Rewards program
    Estimated savings
    0% p.a. for 18 months and then 21.49% p.a. (1.00% balance transfer fee)
    20.49% p.a.
    $200 $149 in the first year
    Qantas Frequent Flyer
    Compare
    Go to site
    Details
  • placeholder
    St.George Amplify Rewards Platinum

    80,000 bonus Amplify Points, worth up to $350 in eGift Cards (min $3,000 spend within 90 days. 0% p.a. for 15 months on balance transfers requested at card application (1% BT fee). New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.

    Balance transfer rate
    Purchase rate
    Annual fee
    Rewards program
    Estimated savings
    0% p.a. for 15 months and then 21.49% p.a. (1.00% balance transfer fee)
    19.74% p.a.
    $99
    Rewards
    Compare
    Go to site
    Details
  • placeholder
    Bank of Melbourne Amplify Rewards Platinum

    Earn 60,000 bonus Qantas Points (min $3,000 spend in the first 3 months). New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.

    Balance transfer rate
    Purchase rate
    Annual fee
    Rewards program
    Estimated savings
    0% p.a. for 15 months and then 21.49% p.a. (1.00% balance transfer fee)
    19.74% p.a.
    $99
    Qantas Frequent Flyer
    Compare
    Go to site
    Details
  • placeholder
    St.George Amplify Rewards Signature

    Earn up to 200,000 Bonus Amplify Rewards Points over 2 years (100k yr 1, 100k yr 2) when you spend $12k on eligible purchases each year. New cards only, Eligibility criteria and T&Cs apply. Offer ends November 30th 2021.

    Balance transfer rate
    Purchase rate
    Annual fee
    Rewards program
    Estimated savings
    0% p.a. for 15 months and then 21.49% p.a. (1.00% balance transfer fee)
    19.74% p.a.
    $279
    Rewards
    Compare
    Go to site
    Details

^See information about the Mozo Experts Choice Credit cards Awards

**Saving based on the average difference in fees and charges over 3 years between the most competitive product Mozo can refer a consumer to and the average credit card product input by 6,863 consumers (average balance of $4,262 or balance transfer balance of $5,818, interest rate of 19.6% and annual fee of $36.50) who used the Mozo Credit Card Health Check tool between 1 January 2012 to July 2012.

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.

Credit Card Resources

Views, news, tips and guides to help find the best credit card for you.

FAQ

Credit Card Reviews

Citi Credit Card
Overall 2/10
Credit card charged

I have started using CITI cash back credit card since 2017. They have told me that the card is absolutely free and no charges at all. Today they have charged AED 315 as membership fee. I was trying to call customer are to ask the explanation on this but more than 30 minutes I was listening their advertisement without answering anyone. Very poor customer care really. I'm going to cancel this card at very earliest.

Read full review

I have started using CITI cash back credit card since 2017. They have told me that the card is absolutely free and no charges at all. Today they have charged AED 315 as membership fee. I was trying to call customer are to ask the explanation on this but more than 30 minutes I was listening their advertisement without answering anyone. Very poor customer care really. I'm going to cancel this card at very earliest.

Price
5/10
Features
5/10
Customer service
1/10
Trust
6/10
Less
Abduljaleel, Tasmania, reviewed 3 days ago
ANZ Credit Card
Overall 1/10
Stay Away

I’d strongly advise anyone thinking of doing business with ANZ to save your time and go elsewhere. I have banked with ANZ for well over 20 years but my last 2 experiences in trying to open new accounts and increase my credit card limit have been nothing short of appalling. Without going into the details of my situation their staff lack general knowledge of the situation they are dealing with and the customer service and wait time is beyond a joke. I will be moving all my business, loans & accounts away from this bank ASAP.

Read full review

I’d strongly advise anyone thinking of doing business with ANZ to save your time and go elsewhere. I have banked with ANZ for well over 20 years but my last 2 experiences in trying to open new accounts and increase my credit card limit have been nothing short of appalling. Without going into the details of my situation their staff lack general knowledge of the situation they are dealing with and the customer service and wait time is beyond a joke. I will be moving all my business, loans & accounts away from this bank ASAP.

Price
1/10
Features
1/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Levi, Queensland, reviewed 5 days ago
Virgin Money Virgin Australia Velocity Flyer Card - Bonus Points Offer
Overall 1/10
Slow to close account, quick to give late fees.

I stopped using the card and had like $10 owed. I thought I payed it off, but apparently I still owed like $2 because of interest, so they charged me a $30 late fee... which they also charged interest on. This was during the peak of the pandemic in Australia. I thought a $30 late fee over petty $2 during a global pandemic was a bit greedy. Resentfully I made the payment, which apparently only went to the account keeping fees, which meant I didn't pay the amount owed, so another $30 was due. I was so confused so I payed all the ridiculous fees plus the interest on their fees and the account fees and tried to close the account. But then they wouldn't let me close it because the account was in credit? Meanwhile they are charging me account keeping fees because they kept my account open. Anyway, I would have let this go... but I've just found out that the situation has totally destroyed my otherwise perfect credit score over the initial $2. BE VERY CAREFUL!

Read full review

I stopped using the card and had like $10 owed. I thought I payed it off, but apparently I still owed like $2 because of interest, so they charged me a $30 late fee... which they also charged interest on. This was during the peak of the pandemic in Australia. I thought a $30 late fee over petty $2 during a global pandemic was a bit greedy. Resentfully I made the payment, which apparently only went to the account keeping fees, which meant I didn't pay the amount owed, so another $30 was due. I was so confused so I payed all the ridiculous fees plus the interest on their fees and the account fees and tried to close the account. But then they wouldn't let me close it because the account was in credit? Meanwhile they are charging me account keeping fees because they kept my account open. Anyway, I would have let this go... but I've just found out that the situation has totally destroyed my otherwise perfect credit score over the initial $2. BE VERY CAREFUL!

Price
1/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Brodie, Queensland, reviewed 6 days ago

More credit card reviews

Credit card guides

9 Steps To Pay Off Credit Card Debt Min
9 steps to pay off credit card debt

Ready to get rid of that nasty credit card debt hanging over your head? Sick and tired of worrying about repayments, late fees and the steadily growing balance on your statement each month?

Credit Card Transfers Min
Credit card transfers

If you’ve racked up a considerable amount of debt on your credit card, there’s a moment you’re probably dreading - the opening of your next credit card statement. When you tear it open, three main ...

Managing Your Credit Card Balance Min
Managing your credit card balance

The best advice Mozo was given when it comes to credit card balance, is to never spend beyond your means. There’s more of where that came from, so come in a little closer to hear all the tips we co...

Changing Credit Cards Minus The Stress Min
Changing credit cards minus the stress

If you’re one of the thousands of credit cardholders who are stuck with a dud deal or the card is costing you too much and you’re just not satisfied well it’s time to make a stress free switch to a...

Applying For A Credit Card Min
Applying for a credit card

Credit cards may not have the best reputation, as the media is often quick to portray the negative connotations associated with them. If you lack self-discipline, a credit card can run you into tro...

Credit Card Transfers Min
Balance transfer cards explained, at last

If you’ve racked up a bit of debt on your current plastic, don’t worry it happens to the best of us. According to Mozo estimates, the average Australian credit card holder with debt has a balance o...

Reduce Credit Card Debt Eraser Pink Content
Reduce credit card debt

Reducing credit card debt is no easy task. We’ve all been there and know the struggles in combating the ever-growing money monster. But with a little discipline and dedicated planning, you can ninj...

Credit Score Min
Credit history and credit ratings

Sounds like we’re talking about the same thing, doesn’t it? Well actually, there’s a difference - a credit history is sometimes referred to as a ‘credit report’. And a credit rating is sometimes re...

More credit card guides

Calculators

Switch and Save

See calculator

Debt repayments calculator

See calculator