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Most Australians get no value from credit card rewards

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Providers we compare

HSBC
NAB
Commonwealth Bank
ANZ
Westpac
Macquarie Bank
HSBC
NAB
Commonwealth Bank
ANZ
Westpac
Macquarie Bank

The average credit card annual fee of $134 outweighs the value of most rewards. Most Australians would need to spend $60,000 per year on their credit card to come out on top.

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.