Credit cards with interest-free balance transfers give you a way to stop paying interest on your debt. With some cards offering 0% balance transfers for as long as nearly 3 years, you can free up some money and get yourself out of debt.
Since you can consolidate debt from multiple credit, store, and charge cards onto one new card, balance transfer cards can also simplify your finances and save money on annual fees.
So whether you just want the longest, cheapest, or best combination of low rates and rewards points, scroll down to get our top picks for this month.
You can compare more balance transfer offers with our balance transfer credit card comparison.
The best balance transfers
- Best balance transfer credit card overall
- Best balance transfer credit card with no transfer fee
- Best balance transfer credit card with rewards
- Best balance transfer credit card with Qantas points
- Best balance transfer credit card with 0% purchases
- Best balance transfer credit card with no annual fee
- Help choosing and using a balance transfer card
Just want the best all-rounder?
Best balance transfer credit card overall
Winner: Bankwest Zero Platinum Mastercard
With 34 months interest-free on balance transfers, the Bankwest Zero Platinum Mastercard is the best overall balance transfer credit card on Finty.
Why we chose it
- 34 months is one of the longest balance transfer offers we have ever seen in our 10+ years of comparing credit cards.
- There is no annual fee to pay, ever.
- A 2% balance transfer fee applies.
On Bankwest's website
Want to pay no fee or interest?
Best balance transfer credit card with no transfer fee
Winner: NAB Low Rate Card
The NAB Low Rate credit card combines 32 months at 0% p.a. with no balance transfer fee. Not only is that introductory period one of the longest, but you get the added benefit of there being no transfer fee. If you want to balance transfer a substantial amount, having no balance transfer fee to pay could save hundreds of dollars in up-front cost.
Why we chose it
- 32 months is one of the longest lasting balance transfer offers on Finty this month.
- There is no balance transfer fee to pay, a potentially substantial saving for larger transfers.
- No annual fee for the first year, reverting to a low ongoing $59 p.a.
On NAB's website
Get the best of both worlds
Best balance transfer credit card with rewards
Winner: Westpac Altitude Black Credit Card (Altitude)
Combining 24 months at 0% p.a. on balance transfers with 180,000 Altitude bonus points, we think the Westpac Altitude Black Credit Card (Altitude) is the best balance transfer credit card with rewards on Finty.
Why we chose it
- 0% p.a. on balance transfers for 24 months is still a very long interest-free period to take advantage of for debt repayment.
- Get 180,000 Altitude bonus points when you spend $4,000 on eligible purchases within 90 days of card approval.
- Altitude points can be transferred to Qantas Frequent Flyer, Air New Zealand Airpoints, Singapore Airlines Krisflyer, Malaysia Airlines Enrich, and Cathay Pacific Asia Miles. This gives you something that's very valuable: flexibility.
- $99 p.a. annual fee for the first year, reverting to $250 p.a. thereafter.
- There's a 1% balance transfer fee.
On Westpac's website
Save on interest and get a welcome bonus
Best balance transfer credit card with Qantas points
Winner: St.George Amplify Platinum Credit Card (Qantas)
The St.George Amplify Platinum Credit Card (Qantas) offers a welcome bonus of 60,000 points alongside 24 months at 0% p.a. for balance transfers. Other cards have bigger sign up bonuses — and bigger annual fees — but this card has a low ongoing annual fee and earns 1 Qantas point per $1 spent.
Why we chose it
- 24 months at 0% p.a. on balance transfers with a 1% balance transfer fee.
- Earn up to 60,000 bonus Qantas Points when you spend $3,000 on eligible purchases within 90 days from card approval. Exclusions apply.
- Earn 1 Qantas point per $1 spent on eligible purchases.
- Low ongoing annual fee of $99 p.a.
On St.George's website
Save on balance transfers and purchases
Best balance transfer credit card with 0% purchases
Winner: Bankwest Breeze Mastercard
Although there wasn't much to choose from on Finty this month, the Bankwest Breeze Mastercard has the best combination of interest-free balance transfers and purchases. Its annual fee is also pleasantly affordable — waived for the first year and then just $49 p.a.
Why we chose it
- 0% p.a. on balance transfers and purchases for 15 months with no balance transfer fee.
- Any debt remaining after the introductory balance transfer and purchase offer ends reverts to a low 9.90% p.a.
- No annual fee for the first year and then a low ongoing $49 p.a.
On Bankwest's website
Want a card that's free to keep?
Best balance transfer credit card with no annual fee
Winner: Bankwest Zero Platinum Mastercard
With one of the longest balance transfers we've ever had on Finty, the Bankwest Zero Platinum Mastercard also has no annual fee. Unlike many of its competitors with no annual fee for the first year, this card has no annual ever. That means you can keep the card after the balance transfer offer has ended and not have to worry about being charged.
Why we chose it
- No annual fee to pay ever.
- 0% p.a. on balance transfers and purchases for 34 months with a 2% balance transfer fee.
- Any debt remaining after the introductory balance transfer and purchase offer ends reverts to 14.99% p.a.
On Bankwest's website
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