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Credit Cards

Card benefits

  • $450 annual Qantas Travel Credit
  • 55,000 bonus Qantas Points when you spend $3,000 on eligible purchases on your new card within the first 3 months
  • Earn 2.25 Qantas Points per $1 spent on eligible purchases at Qantas
  • Earn 1.25 Qantas Points per $1 spent on card purchases outside of government bodies
  • Earn 0.5 Qantas Points per $1 spent at government bodies
  • Free access to The Centurion Lounge at Sydney or Melbourne Airport twice a year. Plus two Qantas Club Lounge invitations each year after purchasing select Qantas products and services
  • Complimentary domestic and international travel insurance (PDS)

Card benefits

  • Earn 150,000 bonus Qantas Points when you spend $3,000 on eligible purchases on your new card within 2 months
  • Earn 2 Qantas Points per $1 spent on Qantas products and services
  • Earn 0.5 Qantas Points per $1 spent at government bodies
  • Free access to The Centurion Lounge at Sydney or Melbourne Airport twice a year. Plus two Qantas Club Lounge invitations each year after purchasing select Qantas products and services
  • Complimentary domestic and international travel insurance (PDS)

Card benefits

  • No annual fee
  • Complimentary insurance on your purchases if they are permanently lost, stolen or accidentally damaged
  • Earn 1 Flybuys point per $2 spent on eligible services
  • $10 off your Coles supermarket shop when you redeem 2,000 Flybuys points
  • Up to 55 days interest free
  • 0% p.a. on purchases for 15 months and then 19.99% p.a. thereafter

Card benefits

  • No annual fee
  • Earn 1.75 Velocity points per $1 spent on eligible purchases at Virgin Australia
  • Earn 0.75 Velocity points per $1 spent on card purchases outside of government bodies
  • Earn 0.5 Velocity points per $1 spent on purchases at government bodies in Australia

Card benefits

  • No annual fee
  • Card refund and purchase cover
  • Earn 1.75 Qantas points per $1 spent on Qantas products and services
  • Earn 0.75 Qantas points per $1 on purchases outside of government bodies
  • Earn 0.5 Qantas points per $1 spent at government bodies in Australia
  • Up to 44 days interest free
  • 21.99% p.a. interest rate on purchases after interest free period

Card benefits

  • No annual fee
  • $400 Kogan credit when you spend $1,500 on eligible purchases in 90 days
  • Earn 2 points per $1 spent on your eligible purchases at Kogan
  • Earn 1 point per $1 spent on your everyday purchases
  • Complimentary Kogan First Membership
  • Up to 55 days interest free
  • 20.99% p.a. interest rate on purchases after interest free period

Card benefits

  • No annual fee
  • $100 back when you spend $1,500 on eligible purchases in the first 3 months
  • Complimentary phone screen insurance covering up to $500 for repairs
  • Apple Pay, Google Pay and Samsung Pay support
  • Earn 1 point per $1 spent at government bodies
  • Earn 1.25 points per $1 on purchases outside of government bodies
  • Up to 55 days interest free
  • 16.99% p.a. interest rate after interest free period

Card benefits

  • $400 travel credit every year
  • 70,000 American Express Points when you spend $4,000 on eligible purchases on your new Card within the first 3 months. 70,000 Amex points is equivalent to roughly a $350 gift card
  • Complimentary domestic and international travel insurance (PDS)
  • Apple Pay, Google Pay and Samsung Pay support
  • Complimentary Hilton Honors Silver Status
  • Free access to The Centurion Lounge at Sydney or Melbourne Airport twice a year. Valued at $55 for adults and $34 for children
  • Complimentary Smartphone Screen Cover, covering up to $500 for repairs. A 10% excess applies to the claimed amount. (PDS)
  • Earn 2 Membership Rewards points per $1 on all purchases except government bodies where you will earn 1 point per $1 spent
  • Plus more benefits

Card benefits

  • 120,000 bonus Qantas Points. 90,000 bonus points when you spend $3,000 on within the first 60 days and 30,000 bonus points when you keep your card for over 12 months
  • Reduced annual card fee (from $395 to $295) for the first year
  • Earn 1 Qantas Point per $1 spent up to $5,000 on everyday purchases
  • Earn 0.5 Qantas Points per $1 spend from $5,001 to $20,000 on everyday purchases
  • Earn 1 bonus Qantas point for every dollar on eligible Qantas purchases
  • Complimentary Qantas Frequent Flyer membership (a saving of $99.50)
  • Complimentary domestic, interstate and international travel insuranc

Card benefits

  • 70,000 bonus Qantas Points when you spend $5,000 on eligible purchases within 90 days
  • $0 monthly card fee if you spend at least $2,500 in your statement period and choose to receive online statements
  • Earn up to 1.2 Qantas Points for every $1 spent on eligible purchases, up to $10,000 in a statement period
  • Unlimited earn on Qantas Points each year
  • Pay no international transaction fees for purchases you make overseas or online
  • Included international travel insurance, simply activate before you travel
  • Up to 55 days interest free on purchases

Card benefits

  • 70,000 bonus Qantas Points
  • $100 back to your new ANZ Frequent Flyer Platinum card
  • Earn 0.75 Qantas Points for every $1 up to and including $3,000*
  • Earn 0.5 Qantas Points for every $1 over $3,000*
  • $6,000 minimum credit limit

Card benefits

  • Receive 30,000 bonus Qantas Points when you apply online, are approved, and spend $3,000 on your new Card within the first 3 months. Offer available to new Card Members only.
  • Enjoy two complimentary Qantas Club Lounge invitations each year when you purchase an eligible Qantas product or service
  • Earn up to 2 Qantas Points for every $1 spent on eligible Qantas products or services
  • Earn up to 1 Qantas Point for every $1 spent on everyday purchases
  • Complimentary Domestic and International travel insurance
  • Earn up to 0.5 Qantas Point for every $1 spent at government bodies
  • Up to 44 days interest free on purchases

Card benefits

  • Up to 8,000 bonus Qantas Points. New cardholders earn 2 bonus points on top of the standard earn-rate for every $1 spent on eligible purchases in the first 4 months from card approval, up to a total of 8,000 bonus points
  • Low $49 annual fee
  • Complimentary travel insurance (PDS)
  • Earn 1 bonus Qantas Point per $1 spent on selected Qantas products and services

Card benefits

  • Up to 80,000 bonus Qantas Points. 60,000 Bonus Qantas Points when $3,000 or more is spent on eligible purchases within 3 months. Plus an additional 20,000 bonus points if you haven’t earned Qantas Points with a credit card in the last 12 months
  • Complimentary lounge invitations. 2 lounge invitations per year to the Qantas Club Domestic or Qantas Operated International Business Lounges
  • Earn 1.5 Qantas Points per $1 spent Internationally
  • Earn 1 Qantas Point per $1 spent on Domestically (up to $10,000 per statement period)
  • Earn 1 bonus Qantas Point per $1 spent on selected Qantas products and services
  • Up to 55 days interest free

Card benefits

  • $400 travel credit every year
  • 70,000 American Express Points when you spend $4,000 on eligible purchases on your new Card within the first 3 months. 70,000 Amex points is equivalent to roughly a $350 gift card
  • Complimentary domestic and international travel insurance (PDS)
  • Apple Pay, Google Pay and Samsung Pay support
  • Complimentary Hilton Honors Silver Status
  • Free access to The Centurion Lounge at Sydney or Melbourne Airport twice a year. Valued at $55 for adults and $34 for children
  • Complimentary Smartphone Screen Cover, covering up to $500 for repairs. A 10% excess applies to the claimed amount. (PDS)
  • Earn 2 Membership Rewards points per $1 on all purchases except government bodies where you will earn 1 point per $1 spent
  • Plus more benefits

Card benefits

  • No annual fee
  • $100 back when you spend $1,500 on eligible purchases in the first 3 months
  • Complimentary phone screen insurance covering up to $500 for repairs
  • Apple Pay, Google Pay and Samsung Pay support
  • Earn 1 point per $1 spent at government bodies
  • Earn 1.25 points per $1 on purchases outside of government bodies
  • Up to 55 days interest free
  • 16.99% p.a. interest rate after interest free period

Card benefits

  • No annual fee
  • Card refund and purchase cover
  • Earn 1.75 Qantas points per $1 spent on Qantas products and services
  • Earn 0.75 Qantas points per $1 on purchases outside of government bodies
  • Earn 0.5 Qantas points per $1 spent at government bodies in Australia
  • Up to 44 days interest free
  • 21.99% p.a. interest rate on purchases after interest free period

Card benefits

  • No annual fee
  • Earn 1.75 Velocity points per $1 spent on eligible purchases at Virgin Australia
  • Earn 0.75 Velocity points per $1 spent on card purchases outside of government bodies
  • Earn 0.5 Velocity points per $1 spent on purchases at government bodies in Australia

Card benefits

  • Earn 150,000 bonus Qantas Points when you spend $3,000 on eligible purchases on your new card within 2 months
  • Earn 2 Qantas Points per $1 spent on Qantas products and services
  • Earn 0.5 Qantas Points per $1 spent at government bodies
  • Free access to The Centurion Lounge at Sydney or Melbourne Airport twice a year. Plus two Qantas Club Lounge invitations each year after purchasing select Qantas products and services
  • Complimentary domestic and international travel insurance (PDS)

Card benefits

  • $450 annual Qantas Travel Credit
  • 55,000 bonus Qantas Points when you spend $3,000 on eligible purchases on your new card within the first 3 months
  • Earn 2.25 Qantas Points per $1 spent on eligible purchases at Qantas
  • Earn 1.25 Qantas Points per $1 spent on card purchases outside of government bodies
  • Earn 0.5 Qantas Points per $1 spent at government bodies
  • Free access to The Centurion Lounge at Sydney or Melbourne Airport twice a year. Plus two Qantas Club Lounge invitations each year after purchasing select Qantas products and services
  • Complimentary domestic and international travel insurance (PDS)

Card benefits

  • Receive 30,000 bonus Qantas Points when you apply online, are approved, and spend $3,000 on your new Card within the first 3 months. Offer available to new Card Members only.
  • Enjoy two complimentary Qantas Club Lounge invitations each year when you purchase an eligible Qantas product or service
  • Earn up to 2 Qantas Points for every $1 spent on eligible Qantas products or services
  • Earn up to 1 Qantas Point for every $1 spent on everyday purchases
  • Complimentary Domestic and International travel insurance
  • Earn up to 0.5 Qantas Point for every $1 spent at government bodies
  • Up to 44 days interest free on purchases

Card benefits

  • Earn 150,000 bonus Qantas Points when you spend $3,000 on eligible purchases on your new card within 2 months
  • Earn 2 Qantas Points per $1 spent on Qantas products and services
  • Earn 0.5 Qantas Points per $1 spent at government bodies
  • Free access to The Centurion Lounge at Sydney or Melbourne Airport twice a year. Plus two Qantas Club Lounge invitations each year after purchasing select Qantas products and services
  • Complimentary domestic and international travel insurance (PDS)

Card benefits

  • 70,000 bonus Qantas Points when you spend $5,000 on eligible purchases within 90 days
  • $0 monthly card fee if you spend at least $2,500 in your statement period and choose to receive online statements
  • Earn up to 1.2 Qantas Points for every $1 spent on eligible purchases, up to $10,000 in a statement period
  • Unlimited earn on Qantas Points each year
  • Pay no international transaction fees for purchases you make overseas or online
  • Included international travel insurance, simply activate before you travel
  • Up to 55 days interest free on purchases

Card benefits

  • No annual fee
  • Complimentary insurance on your purchases if they are permanently lost, stolen or accidentally damaged
  • Earn 1 Flybuys point per $2 spent on eligible services
  • $10 off your Coles supermarket shop when you redeem 2,000 Flybuys points
  • Up to 55 days interest free
  • 0% p.a. on purchases for 15 months and then 19.99% p.a. thereafter

Card benefits

  • No annual fee
  • Earn 1.75 Velocity points per $1 spent on eligible purchases at Virgin Australia
  • Earn 0.75 Velocity points per $1 spent on card purchases outside of government bodies
  • Earn 0.5 Velocity points per $1 spent on purchases at government bodies in Australia

Card benefits

  • No annual fee
  • Card refund and purchase cover
  • Earn 1.75 Qantas points per $1 spent on Qantas products and services
  • Earn 0.75 Qantas points per $1 on purchases outside of government bodies
  • Earn 0.5 Qantas points per $1 spent at government bodies in Australia
  • Up to 44 days interest free
  • 21.99% p.a. interest rate on purchases after interest free period

Card benefits

  • No annual fee
  • $400 Kogan credit when you spend $1,500 on eligible purchases in 90 days
  • Earn 2 points per $1 spent on your eligible purchases at Kogan
  • Earn 1 point per $1 spent on your everyday purchases
  • Complimentary Kogan First Membership
  • Up to 55 days interest free
  • 20.99% p.a. interest rate on purchases after interest free period

Card benefits

  • No annual fee
  • $100 back when you spend $1,500 on eligible purchases in the first 3 months
  • Complimentary phone screen insurance covering up to $500 for repairs
  • Apple Pay, Google Pay and Samsung Pay support
  • Earn 1 point per $1 spent at government bodies
  • Earn 1.25 points per $1 on purchases outside of government bodies
  • Up to 55 days interest free
  • 16.99% p.a. interest rate after interest free period

Card benefits

  • Up to 80,000 bonus Qantas Points. 60,000 Bonus Qantas Points when $3,000 or more is spent on eligible purchases within 3 months. Plus an additional 20,000 bonus points if you haven’t earned Qantas Points with a credit card in the last 12 months
  • Complimentary lounge invitations. 2 lounge invitations per year to the Qantas Club Domestic or Qantas Operated International Business Lounges
  • Earn 1.5 Qantas Points per $1 spent Internationally
  • Earn 1 Qantas Point per $1 spent on Domestically (up to $10,000 per statement period)
  • Earn 1 bonus Qantas Point per $1 spent on selected Qantas products and services
  • Up to 55 days interest free

Card benefits

  • Up to 8,000 bonus Qantas Points. New cardholders earn 2 bonus points on top of the standard earn-rate for every $1 spent on eligible purchases in the first 4 months from card approval, up to a total of 8,000 bonus points
  • Low $49 annual fee
  • Earn 1 Qantas Point per $1 spent Internationally
  • Earn 0.75 Qantas Points per $1 spent on Domestically (up to $3,000 per statement period)
  • Complimentary travel insurance (PDS)
  • Earn 1 bonus Qantas Point per $1 spent on selected Qantas products and services

Card benefits

  • Receive 30,000 bonus Qantas Points when you apply online, are approved, and spend $3,000 on your new Card within the first 3 months. Offer available to new Card Members only.
  • Enjoy two complimentary Qantas Club Lounge invitations each year when you purchase an eligible Qantas product or service
  • Earn up to 2 Qantas Points for every $1 spent on eligible Qantas products or services
  • Earn up to 1 Qantas Point for every $1 spent on everyday purchases
  • Complimentary Domestic and International travel insurance
  • Earn up to 0.5 Qantas Point for every $1 spent at government bodies
  • Up to 44 days interest free on purchases

Card benefits

  • 70,000 bonus Qantas Points
  • $100 back to your new ANZ Frequent Flyer Platinum card
  • Earn 0.75 Qantas Points for every $1 up to and including $3,000*
  • Earn 0.5 Qantas Points for every $1 over $3,000*
  • $6,000 minimum credit limit

Card benefits

  • 70,000 bonus Qantas Points when you spend $5,000 on eligible purchases within 90 days
  • $0 monthly card fee if you spend at least $2,500 in your statement period and choose to receive online statements
  • Earn up to 1.2 Qantas Points for every $1 spent on eligible purchases, up to $10,000 in a statement period
  • Unlimited earn on Qantas Points each year
  • Pay no international transaction fees for purchases you make overseas or online
  • Included international travel insurance, simply activate before you travel
  • Up to 55 days interest free on purchases

Card benefits

  • 120,000 bonus Qantas Points. 90,000 bonus points when you spend $3,000 on within the first 60 days and 30,000 bonus points when you keep your card for over 12 months
  • Reduced annual card fee (from $395 to $295) for the first year
  • Earn 1 Qantas Point per $1 spent up to $5,000 on everyday purchases
  • Earn 0.5 Qantas Points per $1 spend from $5,001 to $20,000 on everyday purchases
  • Earn 1 bonus Qantas point for every dollar on eligible Qantas purchases
  • Complimentary Qantas Frequent Flyer membership (a saving of $99.50)
  • Complimentary domestic, interstate and international travel insuranc

Card benefits

  • $450 annual Qantas Travel Credit
  • 55,000 bonus Qantas Points when you spend $3,000 on eligible purchases on your new card within the first 3 months
  • Earn 2.25 Qantas Points per $1 spent on eligible purchases at Qantas
  • Earn 1.25 Qantas Points per $1 spent on card purchases outside of government bodies
  • Earn 0.5 Qantas Points per $1 spent at government bodies
  • Free access to The Centurion Lounge at Sydney or Melbourne Airport twice a year. Plus two Qantas Club Lounge invitations each year after purchasing select Qantas products and services
  • Complimentary domestic and international travel insurance (PDS)

Card benefits

  • Earn 150,000 bonus Qantas Points when you spend $3,000 on eligible purchases on your new card within 2 months
  • Earn 2 Qantas Points per $1 spent on Qantas products and services
  • Earn 0.5 Qantas Points per $1 spent at government bodies
  • Free access to The Centurion Lounge at Sydney or Melbourne Airport twice a year. Plus two Qantas Club Lounge invitations each year after purchasing select Qantas products and services
  • Complimentary domestic and international travel insurance (PDS)

Card benefits

  • No annual fee
  • Card refund and purchase cover
  • Earn 1.75 Qantas points per $1 spent on Qantas products and services
  • Earn 0.75 Qantas points per $1 on purchases outside of government bodies
  • Earn 0.5 Qantas points per $1 spent at government bodies in Australia
  • Up to 44 days interest free
  • 21.99% p.a. interest rate on purchases after interest free period

Card benefits

  • $400 travel credit every year
  • 70,000 American Express Points when you spend $4,000 on eligible purchases on your new Card within the first 3 months. 70,000 Amex points is equivalent to roughly a $350 gift card
  • Complimentary domestic and international travel insurance (PDS)
  • Apple Pay, Google Pay and Samsung Pay support
  • Complimentary Hilton Honors Silver Status
  • Free access to The Centurion Lounge at Sydney or Melbourne Airport twice a year. Valued at $55 for adults and $34 for children
  • Complimentary Smartphone Screen Cover, covering up to $500 for repairs. A 10% excess applies to the claimed amount. (PDS)
  • Earn 2 Membership Rewards points per $1 on all purchases except government bodies where you will earn 1 point per $1 spent
  • Plus more benefits

Card benefits

  • No annual fee
  • Earn 1.75 Velocity points per $1 spent on eligible purchases at Virgin Australia
  • Earn 0.75 Velocity points per $1 spent on card purchases outside of government bodies
  • Earn 0.5 Velocity points per $1 spent on purchases at government bodies in Australia
Play Video

10 Best credit cards in Australia

In this video we go through 10 top credit cards in Australia. These credit cards have perks like business lounge access, bonus points, complimentary insurances and more.

Looking for more credit card content?

We’ve created some helpful guides and videos on different credit card products in Australia that you may find useful! You can read and watch them below.
no annual fee credit card

5 No annual fee credit cards

They are perfect for beginners and people who want to pay $0 credit card annual fees.

9 Qantas credit cards

They are perfect for beginners and people who want to pay $0 credit card annual fees.
Best Cashback Credit Cards

Best Cashback Credit Cards

We have compared the best six cashback credit cards in Australia.

Frequently asked questions

Do credit cards impact your credit score?

Paying off your full credit card balance each month on time may positively affects your credit score, but not paying back the full balance owing on time may negatively impact your credit score. That’s why it’s important to keep on top of your payments and try to pay off the balance in full and on time each month.

Do you need to pay interest on your credit card?

With every credit card, there’s usually an interest free period of up to 44 days or 55 days, whereby if you pay back the full balance owing on your statement before the interest free period, then no interest is charged.

 

However, if you don’t pay back the full balance owing before the interest free period, then interest will be charged on the balance owing on your statement. That’s why it’s important to keep on top of your credit card statements and try to pay back the full balance owing each month before the end of the interest free period.

Do credit cards impact your borrowing capacity when you're looking to get a mortgage?

Having a credit card may impact your borrowing capacity, because the banks usually look at the full credit limit that you have on your credit card as a debt, even if you pay back the full balance owing each month on time.

What are the differences between credit cards and debit cards?

Credit cards:

The credit provider allows you to borrow money from them up to the credit limit
Can be used to earn rewards such as frequent flyer points, cash back, and insurances on your purchases

 

There’s usually an interest free period from 44 days to 55 days, where no interest is charged if you pay back the full balance owing before the end of the interest free period
Interest will be charged on the amount owing after the interest free period if you don’t pay back the full balance

 

Offers extra fraud protection and protection against unauthorised purchases

 

Debit cards:

Money is deducted from your bank account
Since it is your money which you are using, no interest or fees are charged (unless you deduct more money than you have in your account)
Generally doesn’t allow you to earn points or cash back
Generally no extra insurances and fraud protection are offered on purchases

Credit cards:

  • The credit provider allows you to borrow money from them up to the credit limit
  • Can be used to earn rewards such as frequent flyer points, cash back, and insurances on your purchases
  • There’s usually an interest free period from 44 days to 55 days, where no interest is charged if you pay back the full balance owing before the end of the interest free period
  • Interest will be charged on the amount owing after the interest free period if you don’t pay back the full balance
  • Offers extra fraud protection and protection against unauthorised purchases

Debit cards:

  • Money is deducted from your bank account
  • Since it is your money which you are using, no interest or fees are charged (unless you deduct more money than you have in your account)
  • Generally doesn’t allow you to earn points or cash back
  • Generally no extra insurances and fraud protection are offered on purchases

Paying off your full credit card balance each month on time may positively affect your credit score, but not paying back the full balance owing on time may negatively impact your credit score. That’s why it’s important to keep on top of your payments and try to pay off the balance in full and on time each month.

With every credit card, there’s usually an interest free period of up to 44 days or 55 days, whereby if you pay back the full balance owing on your statement before the interest free period, then no interest is charged.

However, if you don’t pay back the full balance owing before the interest free period, then interest will be charged on the balance owing on your statement. That’s why it’s important to keep on top of your credit card statements and try to pay back the full balance owing each month before the end of the interest free period.

Having a credit card may impact your borrowing capacity, because the banks usually look at the full credit limit that you have on your credit card as a debt, even if you pay back the full balance owing each month on time.

You can avoid credit card annual fees by choosing cards with no annual fees, like the no annual fee credit cards on this page.

Some credit cards waive their annual fees for limited time periods or if you meet the eligibility requirements. So it may be worth looking into the terms and conditions to see what each card has to offer.

Having no annual fee on a credit card can be good for some people, especially if they don’t plan on using the card frequently or if they don’t want to pay a fee each year for having the card. For others, a credit card with a fee might be worth it if it provides rewards or benefits that they value, such as cash back, travel rewards, or other perks.

It’s important to weigh the costs and benefits of a credit card, including its annual fee, when deciding whether it’s a good option for you. Consider factors such as your spending habits, the rewards you can earn, as well as any other fees or charges, before making a decision.

Yes, there are some credit cards which have no annual fees. However, some no annual fee credit cards can have other costs which are still associated with the card.

It’s important to carefully review the terms and conditions of a credit card, including all fees and charges, before applying or accepting an offer. You should also consider your spending habits and financial goals when choosing a credit card, and make sure the rewards and benefits of the card align with your needs.

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Hey, I’m Queenie.

I’m a licensed personal finance content creator. My mission is to help your money go further and I do this by creating educational videos to help inspire you to create a better financial future for yourself and your community.

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