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.
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.
- 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.
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.
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.
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.
Back to Top