By WhistleOut
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Card
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Rewards Points
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Annual Fee
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Interest Rate
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Balance Transfer
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Bonus 10,000 Money Back Reward Points
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up to3
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$49Current Deal
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19.84%
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5.99%for 6 months
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More details...
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3
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$49
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19.99%
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-
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Go to site
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3
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$49
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19.99%
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-
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Go to site
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15,000 Bonus Membership Points or 11,250 Qantas Frequent Flyer Points
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up to3
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$99Current Deal
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20.74%
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-
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Go to site
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10,000 Bonus points
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up to3
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$195Current Deal
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20.74%
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-
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Go to site
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up to3
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$199
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20.99%
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1.5%for 15 months
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Go to site
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with QFF Direct Earn Option
0% Purchase Rate for 5 Months
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up to3
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$280Current Deal
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0%
for 5 months
then 20.24%
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5.99%for 5 months
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More details...
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50,000 Bonus Velocity Reward Points
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up to3
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$349Current Deal
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20.74%
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-
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Go to site
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up to3
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$395
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20.74%
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-
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Go to site
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80,000 bonus points
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up to3
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$900Current Deal
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N/A
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-
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Go to site
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Half Annual Fee + 15,000 Bonus Points
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up to2.5
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$199Save $100
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20.74%
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-
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Go to site
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7,500 Bonus Velocity Reward Points
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up to2
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$0Current Deal
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20.74%
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-
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Go to site
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Balance Transfer & 10,000 Bonus Points
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up to2
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$100Current Deal
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19.99%
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3.99%for 6 months
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Go to site
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16,000 Bonus Points
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2
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$130Current Deal
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19.49%
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0%for 6 months
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Go to site
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with Qantas Direct Earn Option
0% Purchase Rate for 5 Months
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up to2
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$144Current Deal
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0%
for 5 months
then 20.24%
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5.99%for 5 months
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More details...
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Balance Transfer & 20,000 Bonus Points
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up to2
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$150Current Deal
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19.99%
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3.99%for 6 months
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Go to site
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2
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$199
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20.74%
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0%for 6 months
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More details...
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20,000 Bonus Qantas Frequent Flyer Points
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up to2
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$199Current Deal
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20.99%
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0%for 6 months
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Go to site
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with Citi Qantas Rewards
4.9% Balance Transfers & 60,000 Bonus Reward Points
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2
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$700Current Deal
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20.74%
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4.9%for 9 months
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Go to site
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4,000 Bonus Points Offer
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1.5
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$70Current Deal
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19.49%
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0%for 6 months
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Go to site
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with Qantas Direct Earn Option
0% Purchase Rate for 5 Months
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up to1.5
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$89Current Deal
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0%
for 5 months
then 20.24%
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5.99%for 5 months
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More details...
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8,000 Bonus Points Offer
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1.5
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$120Current Deal
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19.49%
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0%for 6 months
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Go to site
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Reduced Annual Fee
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1.5
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$395Save $196
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20.99%
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1.5%for 15 months
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Go to site
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3.9% Balance Transfers & 15,000 Bonus Skywards Miles
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1.5
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$229Current Deal
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20.99%
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3.9%for 9 months
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Go to site
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up to1.5
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$250
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19.99%
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4.99%for 6 months
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More details...
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Balance Transfer & 10,000 Bonus Points
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up to1.5
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$250Current Deal
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19.49%
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0.99%for 6 months
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Go to site
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Up to 50,000 bonus points
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1.5
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$450Current Deal
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20.74%
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-
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Go to site
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7,500 Bonus QFF Points Offer
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1.25
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$249Current Deal
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20.74%
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-
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Go to site
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1.9% Balance Transfers
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1.25
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$289Current Deal
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20.99%
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1.9%for 6 months
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Go to site
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7,500 Bonus QFF Points
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1
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$0Current Deal
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20.74%
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-
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Go to site
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Current Credit Card Deals & Offers
The market for credit cards is constantly changing so it can be hard to find the best credit card deals. Whether you want a low fee, low interest, balance transfer, or Frequent Flyer rewards credit card - you can compare credit card deals here to find the best credit card to suit your needs. Each month we will compare all our credit card offers from major Australian lenders and bring you our pick of new credit card deals. The service is free, but the value is immense!
The deals here include bonus reward points, 0% balance transfer offers, extended interest free credit cards, and many more. Of course not everyone is suited to the same type of credit card, so please ensure you consider the full terms and conditions of each card.
Bonus 16,000 Qantas Frequent Flyer Points
Receive a bonus 16,000 Qantas Frequent Flyer points if you use your card for an eligible purchase before 31 October 2012. Receive an additional Qantas Frequent Flyer point per dollar over $30 spent at Woolworths, BWS or Big W.
This offer from Woolworths includes:
- 16,000 Bonus Qantas Frequent Flyer Points
- 5.99%p.a. on balance transfers for 6 months
- Earn up to 1 point per dollar spent
- Low annual fee of $89
0% p.a. on Purchases For 9 Months
The supermarket battle is on and it's a great time to take advantage of credit card deals. Woolworths are offering their Everyday Money Credit Card at just $49 annual fee, with up to 3 points per dollar spent. As a bonus they are also offering an introductory interest rate of 0% pa on purchases for the first 9 months.
Woolworths Everyday Credit Card offers:
- 0% p.a. on purchases for 9 months
- 5.99% pa for 6 months on balance transfers
- Up to 3 points per $1 spent
- Low annual fee of just $49
- Up to 55 days interest free
0% pa on Purchases For 6 Months
No annual fee and 0% pa on purchases for the first 6 months are just two features of this enticing offer from American Express. Add to that a BONUS of up to 7500 Qantas Frequent Flyer points!
This offer from Westpac includes:
- 0% pa for 6 months on purchases
- $0 annual fee
- Bonus 7500 Qantas Frequent Flyer points
- Earn up to 1 point per dollar spent
BONUS 40,000 Reward Points
This platinum level credit card offer from ANZ entitles new applicants to 40,000 bonus reward points when they apply before 31 August 2012. Enjoy platinum benefits such as overseas travel insurance, ANZ car rental cover, purchase security insurance, and ANZ Falcon™ fraud protection.
Virgin Money credit card deal includes:
- Bonus 40,000 Reward Points (equal $100 gift card)
- ANZ Falcon™ fraud protection
- Up to 55 days interest free
- Earn up to 3 points per dollar spent
Coles Mastercard - No Annual Fee
Coles has combined the humble credit card with their FlyBuys program to produce the Coles MasterCard. Earn FlyBuys points when you use your card, and then redeem the points at Coles stores. Take advantage of the FlyBuys partner network to earn bonus points.
This new credit card from Coles includes:
- Earn 1 FlyBuys point per dollar spent
- 19.99% pa interest rate on purchases
- Up to 62 days interest free
- MasterCard PayPass purchases under $100
Rewards Credit Cards
A rewards card is a credit card which offers rewards points for consumer purchases. These cards advertise a point per dollar rate where with each dollar spent, the customer can earn rewards points. The rewards points can then be redeemed with the rewards program from each institution.
The most popular rewards program in Australia is the Qantas Frequent Flyer program which offers flights and other products for redemption with rewards points earned. Other programs include the American Express Membership Rewards program, the Westpac Altitude program, the Velocity (Virgin) program and the Commonwealth Bank Awards program. The membership rewards program is vital in understanding the value of a rewards point earned on a credit card. If you earn one point per dollar with a rewards card, then the redemption rate is key. If one rewards program offers a $100 Myer voucher for 10,000 rewards points an the other program requires 30,000 rewards points, then the earn rate of the card is controlled by the redemption rate within the rewards program.
The Qantas Frequent Flyer program now requires that cards are nomimated as direct earn cards which means that they earn points directly into the Qantas program (in the past, consumers were able to earn points in their native card program and transfer points to Qantas at their discretion). There are direct earn cards available from all the major banks and providers.
With any rewards credit card you will gain maximum benefits if you use your card regularly. The more you spend the more points you earn. The flip side to this is that typically, these cards are not good cards to accrue any debt as they feature higher rates of interest than many other credit cards. Accordingly, it is wise not to choose a rewards credit card if you suspect that you may not be able to pay the outstanding balance in full each month. The interest you will end up paying on your debt will outweigh the benefits gained through rewards.
When used wisely, rewards credit cards can save you money. If you are someone who travels regularly a rewards card offering air miles and other travel bonuses such as complimentary flights, travel insurance or free upgrades all of which can be very valuable. Be sure to check all the fees and charges associated with the rewards card before you commit to applying. There might be a large annual fee or a high cash advance rate.
Also, look into the points scheme associated with the credit card you are considering. You will generally not earn points for balance transfers or cash advances. Are the points you earn capped i.e. can you only earn a certain amount each year? Do the points expire if you don’t use your card for a period of time? What are the redemption options –can you redeem with a mixture of points and money? Are you really aware of what points earned with be worth? Points can be worth different amounts depending on what you buy so it pays to be astute with points purchases and try to get the maximum possible points value.
Some rewards credit cards allow you to build up a collection of rewards points quite quickly. There might be bonus points available to new applicants or through bonus partners that you spend at key retailers regularly. A danger with rewards credit cards is the temptation to overspend just in an attempt to earn more points. Establish an understanding of the points earn rate and the value of each point withing the rewards program, but don’t overspend just to earn points - it will never be worth it – rewards points are just a nice add on to your regular spending patterns.
Compare Credit Cards
Compare credit cards from the following credit card providers...
Disclaimer:
WhistleOut is not suggesting that you apply for a particular credit card provided by any of the following credit providers, nor are we trying to assist you to apply for a credit card from any of the following providers. We recommend that you seek professional advice before acting upon any information provided on this web site.
WhistleOut may receive a commission from some credit card providers.