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 (currently 55,000)

High Points Earn Rate

Uncapped Annual Points Accrual

$450 yearly Qantas Travel Credit

High Annual Fee ($450)

Only 44 days Interest-Free Period

1% Balance Transfer Establishment Fee

$65,000 minimum income requirement

120,000 Bonus Points when you apply by 31 January 2020 and spend $3,000 in the first 90 days from approval

No International Transaction Fee

Earn 2 flybuys Points per $1 on eligible spend

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

Relatively high $99 Annual Fee

0% p.a on Balance Transfers for 16 months & No Balance Transfer Fee

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

No annual fee

0% p.a. on purchases or balance transfers for 12 months when you apply by 31 January 2020

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

2.5% International Transaction Fee

Relatively high 19.99% interest rate

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

$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

Low $30 Annual Fee (waived for full-time tertiary students)

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

2% Balance Transfer Fee

$400 Travel Credit each year

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

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

Multiple Promotional Offers to choose from (see Details) if you apply by 31 January 2020

Points Earn Rate: 1 Citi Point per $1 spent

Linked Diners Club Card has No International Transaction Fees and 2 Citi Points per $1 spent earn rate

0% on Balance Transfers for either 12, 15 or 26 months

$149 or $199 Annual Fee after your first year

3.4% International Transaction Fee

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

Low Annual Fee of $58

0% on Balance Transfers for 15 months & No Balance Transfer Fee

3% Foreign Transaction Fee

$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

$0 Annual Fee & Low Interest Rate of 14.99% p.a. on purchases

Earn up to 1.25 Membership Rewards Points per $1

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

Smartphone Screen Insurance

3% Balance Transfer Fee

$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

Complimentary Travel Insurance

$195 Annual Fee

0% p.a. Interest Rate on purchases for the first 12 months

0% p.a. on Balance Transfers for 12 months, 0% Balance Transfer Fee

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

50,000 bonus Velocity Points on offer

Complimentary Virgin Australia return economy domestic flight and lounge passes each anniversary year

Complimentary Travel Insurance

$375 Annual Fee

1% Balance Transfer Fee

$59 Annual Fee, 13.99% Standard Purchase Rate

0% p.a. on Purchases and Balance Transfers for 6 months

Minimum Credit Limit of $500

2% Balance Transfer Fee

3% Foreign Transaction Fee

Up to 120,000 Bonus Rewards Points on offer

0% p.a. on Balance Transfers for 15 months

Earn up to 2 Citi Rewards Points per $1 spent

Linked Diners Club Card includes uncapped earn rate of 2 Points per $1 and No International Transaction Fees

High $199 Annual Fee in the first year & $395 for each subsequent year

1% Balance Transfer Fee

3.4% International Transaction Fee

$0 Annual Fee

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

1% Balance Transfer Fee

Up to 42,000 Bonus Qantas Points on offer

$29 Annual Fee for the first year

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

Earn up to 1 Qantas Point per $1 spent

3% Foreign Transaction Fee

Multiple Promotional Offers to choose from (see Details below) if you apply by 02 December 2022

$129 Virgin Australia Gift Voucher each year

3.3% International Transaction Fee