Compare great credit card deals

Sifting through credit card deals can feel akin to deciphering morse code. Having plenty of credit card options creates healthy competition but when it comes to narrowing down your search, it can be hard to get to the bottom of what they are really offering.

Let’s take a look at the main features you should consider when choosing an Australian credit card.

Low annual fee

Low rates and fees are typical of cards that don't offer reward programs. Study your spending patterns and behaviour to determine whether a low interest rate or rewards would be better suited to you.

55 interest free days

Many companies offer you 55 days before interest starts being charged. Take advantage of this Interest free period but still be mindful of your spending.

Low introductory rate

If a company is offering a low rate for new customers, make sure you qualify for it before you apply. Also, determine what the Internet rates are after the introductory period has expired. You don't want to be surprised with over-inflated Interest rates in the long term.

0% on balance transfers

When you transfer your existing credit card debt to your new card, you'll usually be given a low rate for the switch. Just make sure you read the conditions to prevent the rate skyrocketing the next week. This option is particularly beneficial if you want to consolidate your debt on one or more credit cards and are 100% committed to paying off your debts within the introductory period.

RateCity can help you read between the lines with it's handy credit card comparison tool. 

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.