Best Balance Transfer Credit Cards

No Annual Fee

No Points Earn Cap

Generally fewer sign-up bonus points compared to other cards

Regular Bonus Point Offers

High Points Earn Rate

Uncapped Annual Points Accrual

$450 annual Qantas Travel Credit

High Annual Fee ($450)

1% Balance Transfer Establishment Fee

$65,000 minimum income requirement

0% p.a on purchases for 15 months if you apply by 25 February 2021

$0 Annual Fee in the first year and waived in subsequent years when you spend $1,000 or more on purchases or cash advances in the previous year

3% International Transaction Fee

$0 Annual Fee

No Foreign Transaction Fees

Complimentary Overseas Travel Insurance

Entry-level credit limit of $500 minimum

High Balance Transfer Rate (5.99%)

0% p.a on Balance Transfers for 24 months

Low $59 Annual Fee & Low Interest Rate of 13.74% p.a. on purchases

One additional cardholder at no extra cost

3% Foreign Transaction Fee

No annual fee

0% p.a. balance transfers for 12 months when you apply by 31 March 2021

Low flybuys points earn rate of 1 Flybuy Point per $2

2.5% International Transaction Fee

Relatively high 19.99% interest rate

Earn 2 flybuys Points per $1 on eligible spend

$0 Annual Fee

$10 off Coles supermarket shop at the checkout each time you redeem 2,000 flybuys points

Relatively high $99 Annual Fee

$30 Late Payment Fee

0% p.a. for 17 months on purchases and $0 Annual Fee in the first year

Ongoing Annual Fee Waiver: $0 if you make $20,000 in eligible purchases on the card in 12 months

Complimentary Overseas Travel Insurance and Purchase Security Insurance

2% Balance Transfer Fee

3% International Transaction Fee

No Annual Fee

0% p.a. for 12 months on balance transfers

3.3% International Transaction Fee

You can't earn Velocity Points even though this card is issued by Virgin

Up to 150,000 bonus Membership Rewards points on offer

$400 Travel Credit each year

Two complimentary entries per year to the American Express Lounge at Sydney or Melbourne International Airports

Earn up to 2 Membership Rewards points per $1

$395 Annual Fee

Low Interest Rate of 12.49% p.a. on purchases

$0 Annual Account Fee in First Year, $58 in subsequent years

0% on Balance Transfers for 25 months

3% Foreign Transaction Fee

Low $30 Annual Fee

0% p.a. on Balance Transfers for 18 months

Low minimum credit limit of $1,000

2% Balance Transfer Fee

Low purchase interest rate of 13.24%

Accessible minimum credit limit of $500

3% International Transaction Fee

No attached rewards program

$10 off at Woolworths for 2,000 points (min. $667 spend)

10% off one shop at Woolworths each month

Points earned are not the same as regular Woolworths Rewards points

200,000 Bonus Amplify Points or 90,000 Bonus Qantas Points on offer

Earn 1.5 Amplify Points or 0.75 Qantas Points for each dollar spent on eligible purchases, uncapped. Plus, receive Birthday Bonus Points

0% pa. on Balance Transfers for 6 months

$379 Annual Fee

3% Overseas Transaction Fee

No annual fee

80,000 Bonus Awards Points on offer

Earn 1 Awards point for every $1 spent

$249 Annual Fee

3% International Transaction Fee

50,000 Bonus Membership Rewards points on offer

$200 Travel Credit each year

Earn up to 3 Membership Rewards Points per $1

0% p.a. on Balance Transfers for the first 12 months

$195 Annual Fee

0% p.a. on Balance Transfers for 26 months and no annual fee in first year or 84,000 bonus Reward points on offer

Refunded $129 Annual Fee if you spend $6,000 or more on purchases each year

Earn up to 2 Rewards Plus Points per dollar

3% Overseas Exchange Fees

Earning Points capped at 10,000 per statement period