Bread Crumb Trail

Credit Cards
CardIssuerBalance TransfersPurchasesStd APR p.aAnnual FeeApply
RateDurationRateDuration
6 months 0% on Balance Transfers
& 10.99%p.a standard rate
0% 6 mths N/A N/A
10.99%
$55 p.a.
6 months 0% on Balance Transfers
& 11.74%p.a standard rate
0% 6 mths N/A N/A
11.74%
$58 p.a.
Apply before 19th July 2009 and get
4.9% on Purchases for 12 Months
N/A N/A 4.90% 12 mths
11.74%
$58 p.a.
12 months 2.9% on Balance Transfers
& Earn Reward Points
2.90% 12 mths N/A N/A
12.74%
$79 p.a.
6 months 2.9% on Balance Transfers
& 12.49%p.a standard rate
2.90% 6 mths N/A N/A
12.49%
$65 p.a.
6 months 3.99% Balance Transfers
& 14.25%p.a standard rate
3.99% 6 mths N/A N/A
14.25%
$89 p.a.
15 months 4.99% Balance Transfers
& 9.99%p.a standard rate
4.99% 15 mths N/A N/A
9.99%
$59 p.a.
12 months 4.99% Balance Transfers
& 11.49%p.a standard rate
4.99% 12 mths 9.99% 12 mths
11.49%
$49 p.a.
6 Months 5.99% on Balance Transfers
& No annual fee for first year
5.99% 6 mths N/A N/A
17.99%
1st Year Free - then $49p.a
6 months 5.99% on Balance Transfers
& Reward points when you spend
5.99% 6 mths N/A N/A
17.99%
$49 p.a.
5 months 5.99% Balance Transfers
& No Annual Fee if you spend £1000+p.a
5.99% 5 mths N/A N/A
18.49%
$24 p.a.
5 months 5.99% Balance Transfers
& 18.99%p.a standard rate
5.99% 5 mths N/A N/A
18.99%
$114 p.a.
5 months 5.99% Balance Transfers
& 18.99%p.a standard rate
5.99% 5 mths N/A N/A
18.99%
$200 p.a.
5 months 5.99% Balance Transfers
& 18.99%p.a standard rate
5.99% 5 mths N/A N/A
18.99%
$59 p.a.
6 months 7.99% on Balance Transfers
& 17.49%p.a standard rate
7.99% 6 mths N/A N/A
17.49%
$87 p.a.
6 months 7.99% on Balance Transfers
& 17.49%p.a standard rate
7.99% 6 mths N/A N/A
17.49%
$30 p.a.

Introductory Offer

Balance Transfer Rate:
0% p.a. 6 mths
Purchase Rate:
N/A

Standard Rates

Purchases:
10.99% p.a.
Balance Transfers:
10.99% p.a.
Cash Advance:
19.99% p.a.
Annual Fee:
$55 p.a.

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
Up to 55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia

Introductory Offer

Balance Transfer Rate:
0% p.a. 6 mths
Purchase Rate:
N/A

Standard Rates

Purchases:
11.74% p.a.
Balance Transfers:
11.74% p.a.
Cash Advance:
19.99% p.a.
Annual Fee:
$58 p.a.

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
Up to 55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over $15,000.pa

Introductory Offer

Balance Transfer Rate:
N/A
Purchase Rate:
4.90% p.a. 12 mths

Standard Rates

Purchases:
11.74% p.a.
Balance Transfers:
11.74% p.a.
Cash Advance:
19.99% p.a.
Annual Fee:
$58 p.a.

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
Up to 55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over $15,000.pa

Introductory Offer

Balance Transfer Rate:
2.90% p.a. 12 mths
Purchase Rate:
N/A

Standard Rates

Purchases:
12.74% p.a.
Balance Transfers:
12.74% p.a.
Cash Advance:
19.99% p.a.
Annual Fee:
$79 p.a.

Standard Features

Credit Limit:
$15,000
Interest Free Days:
Up to 55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over $15,000.pa

Introductory Offer

Balance Transfer Rate:
2.90% p.a. 6 mths
Purchase Rate:
N/A

Standard Rates

Purchases:
12.49% p.a.
Balance Transfers:
12.49% p.a.
Cash Advance:
20.74% p.a.
Annual Fee:
$65 p.a.

Standard Features

Credit Limit:
$20,000
Interest Free Days:
Up to 55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over $20,000.pa

Introductory Offer

Balance Transfer Rate:
3.99% p.a. 6 mths
Purchase Rate:
N/A

Standard Rates

Purchases:
14.25% p.a.
Balance Transfers:
14.25% p.a.
Cash Advance:
19.99% p.a.
Annual Fee:
$89 p.a.

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
Up to 55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia

Introductory Offer

Balance Transfer Rate:
4.99% p.a. 15 mths
Purchase Rate:
N/A

Standard Rates

Purchases:
9.99% p.a.
Balance Transfers:
9.99% p.a.
Cash Advance:
20.49% p.a.
Annual Fee:
$59 p.a.

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
Up to 55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • & have an Earned Taxable Income of over $20,000.pa

Introductory Offer

Balance Transfer Rate:
4.99% p.a. 12 mths
Purchase Rate:
9.99% p.a. 12 mths

Standard Rates

Purchases:
11.49% p.a.
Balance Transfers:
11.49% p.a.
Cash Advance:
17.99% p.a.
Annual Fee:
$49 p.a.

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
Up to 55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over $15,000.pa
  • If you are NOT permanent resident/citizen of Australia you must have an Income of over $50,000.pa

Introductory Offer

Balance Transfer Rate:
5.99% p.a. 6 mths
Purchase Rate:
N/A

Standard Rates

Purchases:
17.99% p.a.
Balance Transfers:
17.99% p.a.
Cash Advance:
17.99% p.a.
Annual Fee:
1st Year Free - then $49p.a

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
Up to 45 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have a Income of over $20,000.pa

Introductory Offer

Balance Transfer Rate:
5.99% p.a. 6 mths
Purchase Rate:
N/A

Standard Rates

Purchases:
17.99% p.a.
Balance Transfers:
17.99% p.a.
Cash Advance:
20.99% p.a.
Annual Fee:
$49 p.a.

Standard Features

Interest Free Days:
Up to 56 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over $20,000.pa

Introductory Offer

Balance Transfer Rate:
5.99% p.a. 5 mths
Purchase Rate:
N/A

Standard Rates

Purchases:
18.49% p.a.
Balance Transfers:
18.49% p.a.
Cash Advance:
19.99% p.a.
Annual Fee:
$24 p.a.

Standard Features

Interest Free Days:
Up to 0 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over $15,000.pa

Introductory Offer

Balance Transfer Rate:
5.99% p.a. 5 mths
Purchase Rate:
N/A

Standard Rates

Purchases:
18.99% p.a.
Balance Transfers:
18.99% p.a.
Cash Advance:
19.99% p.a.
Annual Fee:
$114 p.a.

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
Up to 55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over $50,000.pa

Introductory Offer

Balance Transfer Rate:
5.99% p.a. 5 mths
Purchase Rate:
N/A

Standard Rates

Purchases:
18.99% p.a.
Balance Transfers:
18.99% p.a.
Cash Advance:
19.99% p.a.
Annual Fee:
$200 p.a.

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
Up to 55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over $50,000.pa

Introductory Offer

Balance Transfer Rate:
5.99% p.a. 5 mths
Purchase Rate:
N/A

Standard Rates

Purchases:
18.99% p.a.
Balance Transfers:
18.99% p.a.
Cash Advance:
19.99% p.a.
Annual Fee:
$59 p.a.

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
Up to 55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over $15,000.pa

Introductory Offer

Balance Transfer Rate:
7.99% p.a. 6 mths
Purchase Rate:
N/A

Standard Rates

Purchases:
17.49% p.a.
Balance Transfers:
17.49% p.a.
Cash Advance:
19.24% p.a.
Annual Fee:
$87 p.a.

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
Up to 55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over $50,000.pa

Introductory Offer

Balance Transfer Rate:
7.99% p.a. 6 mths
Purchase Rate:
N/A

Standard Rates

Purchases:
17.49% p.a.
Balance Transfers:
17.49% p.a.
Cash Advance:
19.24% p.a.
Annual Fee:
$30 p.a.

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
Up to 44 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over $15,000.pa
CardIssuerRewardsApply
$1 spent = 1 reward point - Use your rewards for travel, hotels, shopping and even donations to charities Convert two Commonwealth Awards points to one Qantas or Velocity Frequent Flyer point. Conditions apply. Exchange your Commonwealth Awards points for funds to repay your credit card. Conditions apply.
$1.50 = 1 ANZ Reward Point.
Redeem points for rewards or Cash Back every 4 months.
Receive up to 3 points per $1 spent Every 4 months, provided you have enough points, you’ll receive a shopping card, to redeem at selected stored

Introductory Offer

Balance Transfer Rate:
5.99% p.a. 5 mths
Purchase Rate:
N/A

Standard Rates

Purchases:
18.99% p.a.
Balance Transfers:
18.99% p.a.
Cash Advance:
19.99% p.a.
Annual Fee:
$59 p.a.

Standard Features

Credit Limit:
Subject to Status
Interest Free Days:
Up to 55 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over $15,000.pa

Introductory Offer

Balance Transfer Rate:
N/A
Purchase Rate:
N/A

Standard Rates

Purchases:
17.99% p.a.
Balance Transfers:
17.99% p.a.
Cash Advance:
19.24% p.a.
Annual Fee:
$48 p.a.

Standard Features

Interest Free Days:
Up to 44 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia & have an Income of over $15,000.pa

Introductory Offer

Balance Transfer Rate:
5.99% p.a. 6 mths
Purchase Rate:
N/A

Standard Rates

Purchases:
17.99% p.a.
Balance Transfers:
17.99% p.a.
Cash Advance:
20.99% p.a.
Annual Fee:
$49 p.a.

Standard Features

Interest Free Days:
Up to 56 days
Online Banking:
Yes

Approval Criteria

  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over $20,000.pa

Latest Credit Card News RSS Feed

Taxi drivers 'skimming credit cards'
Taxi customers looking to use their credit card to pay for their fare should do with caution, it has been claimed. An article in the Age reveals an increase in the number of taxi ...
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Fri 3rd Jul, 2009
Gang in court for using fake credit cards
Six people have appeared in court charged in connection with a credit card fraud operation, it has been revealed. Among those to have been arrested is Tony Hancock from the Strat ...
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Fri 3rd Jul, 2009
AFP warns of credit card scam
People are being urged to be aware of a credit card scam currently in operation, it has been revealed. The Australian Federal Police (AFP) reports that consumers are receiving em ...
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Thu 2nd Jul, 2009
Credit cards 'essential travel item'
Credit cards are seen as a crucial item for Australians to take away on holiday with them, according to a new study. In research carried out by online holiday firm travel.com.au, ...
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Thu 2nd Jul, 2009
Credit card users 'attracted to loyalty programs'
The provision of incentives plays a significant role in whether people use credit cards, new research shows. Indeed, a study carried out by the Reserve Bank of Australia (RBA) re ...
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Wed 1st Jul, 2009
Sydneysiders 'struggle to cope with financial commitments'
Keeping on top of financial commitments is proving to be an area of significant difficulty for many people in Sydney, it has been claimed. Research recently released by Wesley Mission reveals that just under a quarter (24 per cent) of those betwe ...
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Wed 1st Jul, 2009
'Determined effort being made' to pay off credit cards
Aussies are showing a steely determination in getting to grips with their finances, it has been suggested. With concerns about the economic downturn growing, people are increasingly turning their backs on their "big borrowing ways", Kar ...
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Tue 30th Jun, 2009

Credit Cards Explained

  • What are Credit Cards?
Credit cards have become a very useful and widely used tool for paying for goods and services on credit, then paying the bill at a later date. If used efficiently, credit cards can provide users with a method for spreading the cost of purchases over a longer period of time, and as long as the full outstanding balance is paid within the interest free period, you will never have to pay interest, so the only charge will be the annual fee.
  • How can they benefit my credit history?
Another significant advantage to credit cards is that they help to give you a credit history, which can then be analysed by future credit providers to give them an idea of how trust-worthy you are. An example of this is when you apply for a home-loan.

For this reason it is important to think of a credit card as a temporary loan, or financial back-up, as opposed to a source of finance, as you could end up damaging your credit history, therefore making it more difficult to get approved for future credit.
  • How can I avoid paying any interest/charges?
The key to using credit cards is always make at least the minimum payment at the end of the billing period. This will cause you to incur interest payments but will help you to avoid being penalised. Failure to make a payment on-time also results in a charge being applied to your balance.
  • What types of credit cards are available?
There are several types of credit cards, designed to suit different sets of requirements. If you are a regular credit card user and always pay off your balance in full, it is worth considering a cash-back credit card, or a reward credit card. These cards give you something back for your spending, allowing you to get more for spending more. These cards are most effective when the user makes most day-to-day and large purchases on their credit card, then pay off the balance in full on time.
  • What are the main credit card terms I should be aware of?
There are certain elements that most credit cards provide. Below is a description of the most common terms with an explanation of what they mean.
  • 0% Purchases
Many credit cards offer a 0% purchases introductory periods. This is the amount of time you can use your card for making purchases without having to pay interest. It is important to remain aware of when the introductory period ends, and what the typical rate will be once this period ends.
  • 0% Balance Transfers
Many Credit card providers also offer a 0% period for balance transfers. This can be used to move an existing balance held on another credit card and you will not pay any interest on this balance until the introductory period expires. This cam be very useful for people that want to pay off credit card debt without having to pay high fees.
  • Annual Fee
This is a charge applied by the credit card providers on a yearly basis. The amount will be added to your balance, so make sure you pay it off when your bill is due to avoid paying interest. Some cards come with no annual fee, but before being attracted by this benefit make sure the card covers the features you require because some elements may have been sacrificed as a result.
  • Interest Free Days
Most credit cards come with interest free days, usually ranging between 44 and 55 days. This is the period in which you have to pay off your balance to avoid paying any interest.
  • APR
This is the Annual Percentage Rate that your balance will be subject to, rather than a flat monthly fee.