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Our Top Credit Cards

Are you looking to find the credit card for your needs?

Let us do the work for you. Listed below are some of the top credit cards on offer in Australia. Each of these cards offer leading features and the best credit card choice will depend on your needs and uses for the particular card. The comparison table features balance transfer cards, low rate, no annual fee and rewards options.

 All interest rates are updated daily.

Provider	Credit Cards	Interest Rate(p.a.)	Annual Fee (p.a.)	Balance transfer Rate (p.a.)	Cash Advance Rate (p.a.)	Apply Now
	HSBC No Annual Fee	21.99%	$0	0% for 6 months	21.99%
	HSBC Qantas Frequent Flyer	21.99%	$199	0% for 6 months	21.99%
	St.George Amplify Rewards Card	18.74%	$79	0.99% for 6 months	20.74%
	St.George Platinum Credit Card	15.99%	$89	0% for 8 months	21.49%
	St.George Gold Low Rate Credit	15.99%	$79	N/A	20.24%
	Suncorp Clear	12.74%	$27 in the 1st year, $55 thereafter		21.99%
	Virgin Australia Velocity Flyer Card	20.99%	$50* in 1st year.	1.9% for 12  months	20.99%
	Virgin Australia Velocity High Flyer Card	20.99%	$249*	1.9% pa for 6 months	20.99%
	Virgin No Annual Fee Card	18.99% on purchases	$0 for the life of the card	2.9% for 6 months reverting to 20.99% after 6 months	20.99%
	Westpac Low Rate	0% for first 6 months then 13.49% Purchase rate	$45	3.99% for 6 months	21.49%
	Westpac 55 day Platinum	0% for 6 months then19.59%	$0 first year then $90	3.99% for 6 months	21.49%
	Westpac Earth Classic	19.99%	$75	0.99% for 6 months	21.49%
	Westpac Earth Gold	19.99%	$125	1.99% for 12 months	21.49%
	Westpac Singapore Airlines Platinum	19.49%	$250	1.99% for 12 months	20.79%
	Westpac Altitude Classic	19.99%	$100	3.99% for 6 months	21.59%
	Westpac Altitude Gold	19.99%	$150	1.99% for 12 months	21.59%
	Westpac Altitude Platinum	19.99%	$150	3.99% for 6 months	21.59%
	Citibank Emirates Credit Card	20.99%	$229	3.9% p.a. for 9 months	21.24%
	Citibank Rewards Credit Card – Platinum	20.99%	First year free then $199	1.5% for 15 months	21.74%
	Citibank Rewards Credit Card – Signature	20.99%	$199 first year only then $395	1.5% for 15 months	21.74%
	Citibank Citi Select Card	20.74%	$700	4.9% for 6 months	21.24%

 

What makes these credit cards the top?

Our rating of 'Top' is subjective. For instance, we may not say the card in Australia with the lowest interest rate is the 'Low Interest Card' as it has a higher annual fee and other features to cancel out it's lower rate.

Hypothetical scenario:

• Card A has an interest rate of 11.99% p.a and an annual fee of $55.
• Card B has an interest rate of 11.69% p.a, but an annual fee of $95.

Hence, while Card A is the lower interest rate of the two, it is not the Top credit card in the 'low interest' category as you can expect to pay more from the $40 annual fee than the 0.30% interest rate difference.

Tips for Finding the Best Credit Card Deal for You

In Australia, the options for credit cards have grown exponentially. There are many types to choose from so it is important to look closely at all that is available to you so that you are certain you are making a choice for a credit card that best fits your needs.

The best credit card deal is always the one that suits your own spending patterns, your disposable income amounts and your credit needs. Before you jump at that great offer for a really low rate, ask yourself if that card is right for you first.

Make a priority list. Half the battle on choosing the right card is to be informed about your options. Since the market is always changing, it's imperative that you keep updated on the releases as much as possible.

Regular Repayments

If you're the type of customer who regularly repays the outstanding credit card balance down to zero each month before the statement date, then the interest rate you're charged won't matter. What will matter is that you have access to interest free days so you can benefit from not paying any interest at all.

Frequent Shopper

If you use your credit card very regularly and frequently repay the balance down to zero, then you could benefit from finding the best reward program along with some interest free days. You can accrue reward points each time you spend on your card and reap the benefits.

Emergency Only

If you're the type of person who only ever uses credit cards for emergencies, then you might find the best credit card deal is one where there is a very low or no annual fee, along with a competitive interest rate.

Comparing the Best Credit Card Deals

Once you understand what kind of credit card user you are, it's much easier to compare types of credit cards that suit your specific situation and financial needs.

There are plenty of websites online that make it very easy to compare credit card offers, so be sure you choose one that is going to be right for your needs.

It also helps to monitor the cards you are interested in the most. Only you will know what is most important to you. Ask yourself these questions. Do you want to pay down some debt? Do you want a great Rewards program? Is having a low interest rate necessary?

High Debt Levels

If you tend to carry a lot of outstanding debt on your credit card, then perhaps the best credit card deal for you would be a balance transfer card. You can benefit from reduced interest rates to help you get your debt levels back under control.

The list can also include such things as:

• Your optimum introductory interest rate
• The maximum you are willing to consider for an interest rate.
• Rewards program - Are they rewards that are of interest to you?
• International surcharges - Are you willing to pay for them?
• Your desired rate for balance transfer
• The maximum you are willing to pay for an annual fee
• Your desired interest rate for a cash advance
• Extra insurances - Do you want them included or are you willing to pay extra for them?
• Protection policies - Are they included?

This list is in random order.

 

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