Find the right credit card

The best rewards credit card depends on your spending habits. Cards from American Express, ANZ, and Westpac consistently offer the highest points-per-dollar earn rates. Use our comparison tool to filter by rewards program (Qantas, Velocity, Amex) and see which card earns the most on your typical monthly spend.

Low-rate credit cards in Australia typically offer purchase rates between 8% and 13% p.a., compared to standard cards at 20%+. Banks like HSBC, ING, and Bankwest regularly offer some of the lowest ongoing rates. Our compare tool lets you sort all cards by purchase rate to find the cheapest option.

Several Australian banks offer credit cards with no annual fee, including Bankwest, ING, and some cards from the big four. While no-fee cards save you money upfront, they typically earn fewer rewards points. Compare the total value — a card with a $100 fee that earns $300+ in rewards may be better value overall.

Start by identifying your priority: rewards points, low interest rates, balance transfers, or no annual fee. Then consider your monthly spend — rewards cards generally earn more value at higher spend levels, while low-fee or low-rate cards have lower running costs. Our questionnaire filters the comparison to cards that fit the criteria you select.

The best balance transfer cards offer 0% p.a. on transferred balances for 12 to 36 months. Key things to compare: the length of the 0% period, the balance transfer fee (typically 1-3%), and the revert rate after the promotional period ends. Always aim to pay off the balance before the 0% period expires.

Our tool lets you compare every credit card available from Australian banks in one view. Filter by card type (rewards, low rate, no fee, balance transfer), sort by the metric that matters most to you, and see all card details side by side.

Focus on: annual fee vs rewards value (does the card earn enough to justify the fee?), purchase interest rate (if you carry a balance), rewards earn rate per dollar, signup bonus value, and any international transaction fees if you travel. Our questionnaire lets you filter and sort the comparison by the factors that matter most to you.

No — browsing and comparing credit cards on BankMate does not affect your credit score. A credit check only happens when you formally apply for a card with a bank. Compare as many cards as you like before deciding which one to apply for.