Credit Cards

Please see a full range of credit cards and their various offers in the table below. You can compare important factors like the issuer, rates, fees and so on which will be exclusive to each of the credit cards. We provide a large selection of companies and credit card types so that you have more options to consider. There are many credit cards available on the Australian market so a comparison table like this one can make the search that much easier! You might want extra features like the ability to earn air miles, or you might want a good rewards system. Check to see which credit cards offer the services you want. Please remember that you might need a good credit rating in order to get the credit card you want. Always read the terms and conditions thoroughly.

If you wish to speak to someone: Contact Us

COMPANYISSUER

ISSUER

Card Issuer

APR

APR

The term annual percentage rate describes the interest rate for a whole year (annualized), rather than just a monthly fee/rate Balance Transfer Rate: A credit card balance transfer is the transfer of the balance (the money) in a credit card account to an account held at another credit card company.

FEES

FEES

Fees included with the cards

CREDIT LIMIT

CREDIT LIMIT

The limit of credit offered to you by the credit card provider

CHIP & PIN

CHIP & PIN

Chip and Pin facility available

CASH BACK

CASH BACK

Percentage of cashback available on purchases

CASH ADVANCES

CASH ADVANCES

Cost to withdraw cash up to a certain limit

BALANCE TRANSFER

BALANCE TRANSFER

A credit card balance transfer is the transfer of the balance (the money) in a credit card account to an account held at another credit card company

NEW PURCHASE

NEW PURCHASE

A purchase rate is the interest rate charged on regular purchases put on a credit card. It differs from a cash advance rate in that it is lower because banks and issuers view regular purchases as less risky

REBUILD CREDIT

REBUILD CREDIT

Credit rebuild facility available

MORE INFO

BOQ Platinum Credit Card
BOQ Platinum Credit Card

Visa Card20.42% p.a$199VariesNo$1,000 per day21.74% p.a3.9% p.a.20.74% p.aNoBOQ Platinum Credit Card
The BOQ Platinum Credit Card offers a good rate of 3.9% for the duration of all balance transfers. Not only this but this card has a great rewards system that will see you earning up to 2Q rewards points for every $1 spent. DETAIL INFORMATION >>Services

Services

A consierge service is available to you with this card.


Advantages

Advantages

1.3.9% p.a on all balance transfers.
2.A great opportunity to earn points-2Q points for every $1 spent.
3.You will gain access to a consierge service which is available to you 24 hours a day. 4.Insurance for travel and purchase protection comes with the card.
5.Withdraw up to $1,000 a day as a cash advance from a cash machine.


Disadvantages

Disadvantages

1.You must be over the age of 18.
2.20.24% p.a on retail purchases.

The Virgin No Annual Fee Credit Card
The Virgin No Annual Fee Credit Card

Visa Card18.99%$0 p.a.VariesYesNo20.99% p.a.0% p.a.
(6 months) 21.69% p.a
18.99%p.aNoThe Virgin No Annual Fee Credit Card
The Virgin No Annual Fee Credit Card allows you to enjoy all the advantages of having a card without having to pay an annual fee! This makes it a strong contender to other credit cards. You can use your card at over 29 million locations around the world, anytime, anywhere. All new card applications will receive a Visa enable payWave card. For purchases of up to $100, now you can simply wave & go anywhere that has a Visa payWave sensor, making payments easy and convenient. You must be over the age of 18 to apply. Please make sure that you read all of their terms and conditions in detail before you apply so that you thoroughly understand your obligations. If you have any questions contact their customer support team. DETAIL INFORMATION >>Services

Services

Access to all the great Virgin family offers


Advantages

Advantages

1. No Annual Fee. Ever.
2. Enjoy up to 44 Interest free days, not avaliable if you have any outstanding balance.
3. A low 2.9% p.a. interest rate on purchases, reverting to the variable purchase rate of 18.99% after 6 months.
4. Plus 2.99% for the first 6 months on balance transfers, reverting to the cash advance rate of 21.69% p.a. after 6 months.
5. Access to all the great Virgin family offers.
6. Pick a colour that looks good in your wallet.  


Disadvantages

Disadvantages

1. You must be at least 18 years of age to apply for a credit card.
2. Cash withdrawal limits
3. You must also earn at least $25,000 p.a.

Virgin Australia Velocity High Flyer Card
Virgin Australia Velocity High Flyer Card

Visa Card20.99% p.a.$289 p.a.VariesYesNo20.99% p.a.1.9% p.a. (12 Months)20.99% p.a.NoVirgin Australia Velocity High Flyer Card
This is a great card for those who want to earn points with Virgin and fly even further. Receive a low balance transfer rate of 1.9% for the first 12 months with the Virgin High Flyer credit Card. Receive this plus a host of other Platinum benefits all for the value for an annual card fee of $249. DETAIL INFORMATION >>Services

Services

A low balance transfer rate of 1.9% p.a. for the first 12 months


Advantages

Advantages

1. A low balance transfer rate of 1.9% p.a. for the first 12 months, reverting to the cash advance rate of 20.99% p.a. after 12 months.
2. You'll earn 1.25 Velocity Points per $1 spent, uncapped!
3. Buy a Virgin Australia domestic seat and we’ll give you a complimentary seat on the same flight up to 4 times every year! Just cover the credit card booking fees. Flights subject to availability, conditions apply.
4. Complimentary International Travel Insurance for you and your family.
5. Enjoy our highest level of service, with your very own personal concierge.
6. Enjoy up to 44 interest free days, not available if you have any outstanding balance.
7. A competitive purchase rate of 20.99% p.a.
8. For purchases of up to $100, now you can simply wave & go anywhere that has a Visa payWave sensor, making payments easy and convenient.
9. Plus a host of other Platinum benefits.


Disadvantages

Disadvantages

1. Annual Card fee of $289
2. You must earn more than $75,000 a year
3. You have to have a good credit rating and have not been declined for a credit card recently

BoM Vertigo Card
BoM Vertigo Card

Visa Card13.24% p.a$55VariesYesNo21.49% p.a. variable rate0% for 18 months13.24 % p.a.NoBoM Vertigo Card
The Bank of Melbourne Vertigo Card is designed to help cardholders reduce interest charges and make it easier to use a low interest credit card. With an ultra-low purchase interest rate and an extremely competitive balance transfer rate, there are plenty of ways for customers to save money. There is also the flexibility of being able to use the card at millions of locations around the world. Add to this a low annual fee, and it’s easy to see why this card is great. DETAIL INFORMATION >>Services

Services

1. Secure shopping
2. 24/7 Falcon® Fraud monitoring
3. Free Additional cardholder
4. Low annual fee
5. Up to 55 days Interest free period
6. Low balance transfer rate
7. Competitive interest rates


Advantages

Advantages

1. 0% on balance transfers for 12 months
2. Low variable purchase rate – just 13.24% p.a. (21.49% p.a. variable rate on cash advances)
3. Up to 55 days interest free on purchases when you pay the closing balance of your statement in full by the due date
4. Low annual fee - currently just $55
5. 10-15 minute application form


Disadvantages

Disadvantages

1. Late Payment Fee - $9 applied for each late or missed payment
2. Card Replacement Fees - $15 per card within Australia
3. $45 per Emergency/Urgent Replacement Card.
4. Overlimit Fee - $9 applied once per statement period if a transaction is made for an amount exceeding the available credit at the date the transaction is debited to your credit card account
5. Statement Copy Fee - $4.50 for requests via Phone Banking or Internet Banking

If you wish to speak to someone: Contact Us

Compare Credit Cards

Credit cards can help you make purchases when you don't have the money straightway. Credit cards are big financial commitments so make sure you understand the dangers.

Why should I take out a credit card?

Credit cards are a form of borrowing used to purchase goods and services and getting cash advances. When you get a credit card you a given a credit limit which will vary depending on the cardholder and their circumstances.

Credit cards have universal acceptance unlike debit cards. If you want to rent a car or stay in a hotel many will prefer for you to pay with a credit card. You will often find when you travel outside of Australia, merchants will not always accept a debit card as payment. Paying with a credit card also makes it easier to avoid losses from fraud.

People take out credit cards because they allow you to pay for purchases in small monthly instalments and give you more financial freedom.

If you have no credit or are trying to improve your credit score, using a credit card responsibly will help your credit score.

How do Credit Cards work?

Each month you will be sent a statement listing all the transactions you have made and the minimum amount you must pay of any outstanding balance.

What are interest rates?

Credit cards have an interest rate, which is the annual rate you pay for borrowing the credit on your card. Interest rates are usually based on market interest rates, your credit history and the type of credit card you have. You will find that the better your credit history the higher your credit limit and the lower the interest. If you have a poor credit history you will be given considerably higher interest rates.

Credit cards may offer introductory rates that are lower than the standard interest rate for a specified term. This introductory rate is usually for purchases and balance transfers but it may also apply to cash advances.

Credit Cards – What are the dangers?

Some will try to prevent you from taking out a credit card and there can be good reasons. Many people abuse them and end up in debt. Credit cards can be dangerous if you don't know how to use them properly. There will be severe penalties for late or returned payments or for exceeding any personal credit limit. Late payments can also lower your credit score.

It can be all too easy to build up credit card debt that you cannot afford. The interest rate on credit cards can be expensive which means that they are not necessarily to most cost-effective method of carrying debt on an ongoing basis. You should at least pay the minimum amount due every month and where possible pay charges in full.

Remember credit limits are not free money.

How to use a Credit Card responsibly

Make sure you check your statement every month make sure you are not being charged for something you shouldn't be.

Also make sure you keep one eye on what rate of interest your card is charging. Although the rate may have been competitive when you first got it there are no guarantees that it will remain so. Often attractive rates are offered on newly launched cards in order to attract business but are then slowly raised over time.

Don’t take out multiple credit cards. More cards mean that it is harder to keep track of how much you have spent and, more importantly, how much you owe. It also makes it easier to forget or decide not to pay one or more off each month. It is much better to have one credit card, offering a competitive rate.

What additional features are available?

You can get credit cards that offer a variety of reward programmes to suit your lifestyle. From cash back schemes where you can earn money back on your purchases, to air miles and hundreds of other discounts, you can earn rewards simply for using your card.

Many credit cards automatically come with a range of consumer protections that many people do not even realise they have. This can be things like travel insurance and car rental insurance.

Finding the right Credit Card

You need to make sure you are getting the best card for your finances. There are many types of credit cards so you need to think about what sort of card you want and what you want to use it for.

It is important that you take the time to compare the market. Use the comparison table above to compare some of the different credit cards available. This will save you time and help you find the right card for you.

On this page you will find companies who offer mortgages with very good conditions – click on "more info" and enquire directly from here.

Credit Cards - Latest News News and Charts

Students Feeling the hit of Studying costs has reached its highest

18 April 2017
Which Way To Pay

Many students in Australia are feeling a hit after studying costs rise , student credit cards are the way forward

READ ARTICLE

As term time starts again , Student credit Cards are being used by more and more people .

30 August 2016
Which Way To Pay

Student credit cards have been proven to be the most popular card for students starting out in further studies .

READ ARTICLE

Australians need better security with this credit cards

07 October 2014
Which Way To Pay

Australians currently lose billions of dollars each year to credit card scammers, and it's expected that that number will only increase. Consumers are warned to be extra vigilant

READ ARTICLE

Avoid debt when you spend on your rewards credit card and reap the rewards

18 February 2014
Which Way To Pay

If you ensure you spend wisely on your rewards credit card correctly, you could find that you earn yourself $1000s in the form of cash, points and rewards.

READ ARTICLE

Customers transaction accounts debit cards involved in the data breach at Target are being reissued.

21 January 2014
Which Way To Pay

Citibank is the second major bank to reissue all customers’ transaction account debit cards since the breach at Target last month.

READ ARTICLE