Compare credit cards: Find the best one for you!

Shopping for a new credit card can be like finding a new Thai restaurant, while each one offers you the same product, it's the extra features and service that wins you over the line and with so many options it can become hard to know where to start.

Each credit card offers different rates and features so it's a matter of identifying which one is the best fit for you and your financial needs. It doesn't have to be a scary process, don’t let all the options - low rate, interest free, altitude, frequent flyer - scare you away as each feature will help you recognise what's important to you.  

To save you the hassle of hours of research, we have put together a quick guide to help you pick the best credit card for you.

What types of credit cards are there? 

No matter what bank or institution you get a credit card from, each card will have different features and will be intended to benefit a different type of spender. In most cases, the higher the rate and the more features a card has, the more suitable it will be for people who clock up large expenses. The same works vice-versa for lower rate cards; the lower the rate, the less features and services available.

Compare some of the best credit cards by using the RateCity credit card comparison tool. 

How do I find the best credit cards by value?

CANNEX star ratings are a point of reference to help you compare financial products based on their interest rates and features. For any credit card product to be awarded 5 stars they need to represent superior value for money. This has been calculated according to the following spending types:

  • Everyday Spender
  • Impulse Spender
  • Big Spender
  • Habitual Spender

If you find that you fall perfectly into one of these spending types then comparing products by star ratings could be an ideal way to help you find the best credit cards for you needs.

What should I consider when looking for the right card?

  • Low interest rates
  • Maximum number of interest free days
  • Annual fees
  • Internet banking
  • Phone banking
  • BPay
  • Card brand (AMEX, Visa, Mastercard)
  • Minimum repayments required
  • Balance transfer facility
  • Balance transfer intro period
  • Balance transfer intro rate
  • Waiver for first year free
  • Rewards program available
  • Automatic payment facilties

Search and compare some of the best credit cards in Australia at RateCity.

This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about products from multiple financial institutions. We will try to show you a range of products in response to your request for information. The search results do not include all providers and may not compare all features relevant to you, for further details refer to our FSCG. The rating shown is only one factor to take into account when considering these products. We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a product, you will deal directly with a financial institution, and not with RateCity. Rates and product information should be confirmed with the relevant financial institution, and you should review the PDS before you decide to purchase. See our terms of use for further details. This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.