Not sure which balance transfer card to choose? It can be tricky with annual fees, balance transfer fees, and rewards to consider.
When deciding which to go for, consider the balance transfer rate (usually interest-free), the length of the offer (can be 2+ years), if there is an annual fee (typically there is), and if the card has any other beneficial perks (like earning rewards points or complimentary travel insurance).
Check out our balance transfer credit card comparison page, where you can compare more offers.
Coming up next
- Best balance transfer credit card overall
- Balance transfer credit card with longest offer
- Best balance transfer credit card with no annual fee
- Best balance transfer credit card with no balance transfer fee
- Best balance transfer credit card with Qantas Points
- Best balance transfer credit card with Velocity Points
- Pros and cons
- Our ranking criteria
The use of "featured", "popular", "best" and "top" on Finty do not constitute a product rating or recommendation and are subject to our general disclaimer. Calculations in comparison tables will vary based on personal data input.
The all-rounder
Best balance transfer credit card overall
Not available for application via this website
Balance transfer
6 months at 0% p.a.
Purchase rate
6 months at 0% p.a.
Interest-free days
55 days
Annual fee
$0.00 p.a. ongoing
Highlights
- No annual fee for the life of the card.
- 0% p.a. for 6 months on purchases and transferred balances (with a 3% balance transfer fee). Returns to 18.99% p.a. thereafter.
- Add up to 3 additional cardholders at no extra cost.
Pros
Cons
Interest-free for longer
Balance transfer credit card with longest offer
Not available for application via this website
Balance transfer
6 months at 0% p.a.
Purchase rate
6 months at 0% p.a.
Interest-free days
55 days
Annual fee
$0.00 p.a. ongoing
Highlights
- No annual fee for the life of the card.
- 0% p.a. for 6 months on purchases and transferred balances (with a 3% balance transfer fee). Returns to 18.99% p.a. thereafter.
- Add up to 3 additional cardholders at no extra cost.
Pros
Cons
Save money on account fees
Best balance transfer credit card with no annual fee
Not available for application via this website
Balance transfer
24 months at 0% p.a.
Purchase rate
13.99% p.a. ongoing
Interest-free days
55 days
Annual fee
$55.00 p.a. ongoing
Highlights
- Get a 0% interest rate on balance transfers for 24 months with a 1% transfer fee. After that, the rate changes to 21.99% p.a. for cash advances.
- Start with a credit limit as low as $500, helping you keep your spending in check.
- Add 1 additional cardholder at no extra cost.
Pros
Cons
Avoid paying a balance transfer fee
Best balance transfer credit card with no balance transfer fee
Not available for application via this website
Balance transfer
24 months at 0% p.a.
Purchase rate
13.99% p.a. ongoing
Interest-free days
55 days
Annual fee
$55.00 p.a. ongoing
Highlights
- Get a 0% interest rate on balance transfers for 24 months with a 1% transfer fee. After that, the rate changes to 21.99% p.a. for cash advances.
- Start with a credit limit as low as $500, helping you keep your spending in check.
- Add 1 additional cardholder at no extra cost.
Pros
Cons
Save interest and earn Qantas Points as you spend
Best balance transfer credit card with Qantas Points
Not available for application via this website
Rewards program
Amplify Qantas
Points per $1 spent
0.75 points
Sign up bonus
90,000 points
Annual fee
$295.00 p.a. ongoing
Highlights
- Earn 80,000 bonus Qantas points when you spend at least $6,000 on eligible purchases in the first 90 days from new card approval. Terms and Conditions apply.
- Earn 0.75 points for every $1 spent on eligible domestic and overseas purchases.
- Earn 2x points on purchases with Qantas Frequent Flyer partners—once with your card and once with the airline partner.
- Points are automatically transferred to your Qantas Frequent Flyer account, ready to use for flights, upgrades, shopping, and more.
- Get 2 Qantas lounge passes each year, perfect for adding comfort to your travels.
Pros
Cons
Save interest and earn Velocity Points as you spend
Best balance transfer credit card with Velocity Points
Not available for application via this website
St.George Amplify Signature Credit Card (Amplify)
Rewards program
Amplify Rewards, Amplify Qantas
Points per $1 spent
1.50 points
Sign up bonus
150,000 points
Annual fee
$199.00 for 1st year
Highlights
- Earn 150,000 Bonus Amplify Rewards Points (equivalent to up to $675 in eGift cards) by spending $12,000 on eligible purchases in your first year. Terms and Conditions apply.
- Earn 1.5 points for every $1 spent on eligible domestic and overseas purchases.
- Redeem your points for gift cards, travel, transferring to partner airline programs, and other rewards.
- Get 2 free Priority Pass lounge visits each year.
- Use the Concierge Service to book experiences online, including exclusive tickets, last-minute reservations, and more.
- Comes with complimentary insurance, including Interstate Flight Inconvenience, Rental Vehicle Excess, international travel coverage, extended warranty, purchase protection, and overseas transit accident insurance.
Pros
Cons
Things to consider
Pros and cons
Pros
- Save money. You can pay down your debt without paying interest, which saves you money (and can get you out of debt faster).
- More time to pay. The 0% interest period gives you more time to pay off your debt in a predictable way.
- Lower monthly payments. With no interest, your monthly payments can be lower, making it easier to clear your debt.
- Consolidate and simplify your finances. You can transfer debt from multiple credit or store cards to one balance transfer card.
Cons
- Balance transfer fees. Some balance transfer cards charge a fee for transferring debt from other cards. This can be added to your overall debt (if you choose that option).
- You can still spend. If you are not disciplined, you could continue spending and get further into debt.
- Minimum repayment trap. You could pay the minimum required only, which keeps you in debt.
- The introductory period is a temporary respite. Once it ends, your interest rate will go back up. You may choose to do another balance transfer.
How we choose these
Our ranking criteria
- This page provides a list of the best introductory balance transfer credit card offers in Australia, as available at the time of publishing on Finty.
- We have included personal credit cards only.
- Offers made available on other marketing channels, such as internet banking or direct mail, are not included.
- Offers that are exclusive to Finty are included, when available.
- Other factors are taken into account when there is a tie, including annual fees, interest rates, sign up bonuses, and rewards earn rate.
- Credit cards are eligible for consideration regardless of the status of Finty's relationship with the issuer.
