Credit cards with price protection

Get the best price on eligible purchases. Compare credit cards with a price protection guarantee to make sure you don’t overpay for important things you buy in stores.

By   |   Verified by David Boyd   |   Updated 13 Sep 2023

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Comparing credit cards with price protection

Bankwest Zero Platinum Mastercard

Featured

Bankwest Zero Platinum Mastercard

Balance transfer

34 months at 0% p.a.

Purchase rate

14.99% p.a. ongoing

Annual fee

$0.00 p.a. ongoing

Highlights

  • No annual fee.
  • 0% p.a. for 34 months on balances transferred (2% balance transfer fee applies). Reverts to 14.99% p.a. thereafter.
  • No foreign transaction fees and complimentary international credit card travel insurance.
  • New customers only. Limited time. Other fees and charges, T&Cs apply.

Pros

  • No annual fee to pay — ever.
  • Very long interest-free balance transfer offer.
  • No fees on purchases in a foreign currency.
  • Complimentary international travel insurance.

Cons

  • There is a 2% fee on balance transfers.
  • You can't earn rewards points.
American Express Platinum Card

On website

New offer

American Express Platinum Card

Balance transfer

N/A

Purchase rate

N/A

Annual fee

$1,450.00 p.a. ongoing

Highlights

  • Receive 150,000 Bonus Membership Rewards Points when you apply online, are approved, and spend $5,000 on your new Card within the first 3 months. T&Cs apply. New Amex Card Members only.
  • Receive a $450 Platinum Travel Credit each year, which can be redeemed for flights, hotels, or car hire.
  • Enjoy up to $400 per calendar year when you dine from a curated collection of over 1,400 hand-selected restaurants both locally and abroad. Terms and Conditions apply.

Pros

  • Receive 150,000 Bonus Membership Rewards Points when you meet the criteria.
  • Receive a $450 Platinum Travel Credit each year.
  • Enjoy up to $400 Global Dining Credit per calendar year.
  • Access to more than 1,400 lounges globally, including The Centurion® Lounge.

Cons

  • The annual fee of $1,450.
The Low Rate Credit Card from American Express

On website

The Low Rate Credit Card from American Express

Balance transfer

N/A

Purchase rate

10.99% p.a. ongoing

Annual fee

$0.00 p.a. ongoing

Highlights

  • Enjoy a low 10.99% p.a. interest rate on purchases.
  • $0 annual fee for as long as you have the card.
  • Up to 55 days interest-free.

Pros

  • Low 10.99% p.a. interest rate on purchases and $0 annual fee.
  • Comes with Card Purchase Cover and Card Refund Cover.
  • Up to 55 days interest free.

Cons

  • There are no rewards program for this card.
Westpac Altitude Platinum Credit Card (Altitude)

Apply by 1 November 2023

Westpac Altitude Platinum Credit Card (Altitude)

Balance transfer

N/A

Purchase rate

19.99% p.a. ongoing

Annual fee

$99.00 for 1st year

Highlights

  • Receive 100,000 Altitude bonus points when you spend $3,000 on eligible purchases within 90 days of card approval. Terms and conditions apply.
  • $99 p.a. annual fee for the first year ($150 p.a. annual fee thereafter).
  • Earn 3 Altitude points per $1 on Qantas and Jetstar flights bought in Australia, eligibility criteria apply.

Pros

  • 100,000 bonus Altitude Points when you spend $3,000 in 90 days.
  • Additional savings with the $99 first-year annual fee ($150 p.a. thereafter).
  • Comes with complimentary travel insurance.
  • Earn 1 Altitude point per $1 spent on eligible purchases.

Cons

  • Only up to 45 days interest-free on purchases.
  • Does not include lounge access.
Westpac Altitude Black Credit Card (Altitude)

Apply by 1 November 2023

Westpac Altitude Black Credit Card (Altitude)

Balance transfer

N/A

Purchase rate

19.99% p.a. ongoing

Annual fee

$150.00 for 1st year

Highlights

  • Receive 140,000 Altitude bonus points when you spend $6,000 on eligible purchases within 120 days of card approval. Exclusions apply
  • $150 p.a. annual fee for the first year ($295 p.a. annual fee thereafter).
  • Earn 6 Altitude points per $1 on Qantas, Jetstar, Singapore Airlines, and Emirates flights bought in Australia,, eligibility criteria apply.

Pros

  • 140,000 bonus Altitude Points when you spend $6,000 in 120 days.
  • Additional savings with the $150 first-year annual fee ($295 p.a. thereafter).
  • Earn 1.25 points per $1 spent on eligible purchases
  • Get 2 complimentary lounge passes each year with Priority Pass.

Cons

  • The high annual fee of $250 p.a. after the initial year.
BankSA Amplify Platinum Credit Card (Amplify)

Apply by 30 November 2023

BankSA Amplify Platinum Credit Card (Amplify)

Balance transfer

24 months at 0% p.a.

Purchase rate

19.49% p.a. ongoing

Annual fee

$49.00 for 1st year

Highlights

  • Earn up to 90,000 bonus Amplify Points when you spend $3,000 on eligible purchases within 90 days from card approval. Exclusions apply.
  • 0% for 24 months on balance transfers with a 1% balance transfer fee. Reverts to cash advance rate of 21.49% p.a.
  • $49 p.a. annual fee for the first year ($99 p.a. annual fee thereafter)

Pros

  • The 90,000 bonus Amplify Points.
  • 0% for 24 months on balance transfers.
  • Comes with complimentary insurance (terms, conditions, exclusions, and eligibility criteria apply).
  • Compatible with Apple Pay, Google Pay, and Samsung Pay.

Cons

  • There is a 1% balance transfer fee. Other cards offer 0% balance transfer free.
BankSA Amplify Signature Credit Card (Amplify)

Apply by 30 November 2023

BankSA Amplify Signature Credit Card (Amplify)

Balance transfer

24 months at 0% p.a.

Purchase rate

19.49% p.a. ongoing

Annual fee

$139.00 for 1st year

Highlights

  • Earn up to 150,000 Bonus Amplify Rewards Points over 2 years when you spend $12,000 on eligible purchases each year. Plus, receive a birthday points bonus of 10% of the points earned in the last 12 months.
  • 0% p.a. for 24 months on balance transfers with 1% balance transfer fee on amounts transferred.
  • $139 p.a. annual fee for the first year ($279 p.a. annual fee thereafter)

Pros

  • The 150,000 bonus Amplify Rewards Points.
  • 0% p.a. for 24 months on balance transfers.
  • Additional savings with the $139 first-year annual fee.
  • Includes complimentary overseas travel insurance for up to 6 months

Cons

  • There is a 1% balance transfer fee.
  • The annual fee reverts to $279 p.a. after the initial year.
St.George Amplify Signature Credit Card (Amplify)

Apply by 30 November 2023

St.George Amplify Signature Credit Card (Amplify)

Balance transfer

24 months at 0% p.a.

Purchase rate

19.49% p.a. ongoing

Annual fee

$199.00 for 1st year

Highlights

  • Earn up to 150,000 Bonus Amplify Rewards Points when you spend $12,000 on eligible purchases within the first 12 months from card approval.
  • $199 card fee for the first year ($279 p.a thereafter).
  • 0% p.a. for 24 months on balance transfers with a 1% balance transfer fee on amounts transferred.
  • Includes complimentary overseas travel insurance for up to 6 months

Pros

  • The 150,000 bonus Amplify Rewards Points.
  • Save $80 with the $199 card fee for the first year.
  • Enjoy 2 complimentary Priority Pass lounge visits each year when you enroll in Priority Pass.
  • Comes with concierge services.

Cons

  • After the initial year, the annual fee is $279 p.a.
  • There is a 1% balance transfer fee.
Bank of Melbourne Amplify Platinum Credit Card (Amplify)

Apply by 30 November 2023

Bank of Melbourne Amplify Platinum Credit Card (Amplify)

Balance transfer

24 months at 0% p.a.

Purchase rate

19.49% p.a. ongoing

Annual fee

$49.00 for 1st year

Highlights

  • Earn up to 90,000 bonus Amplify Points when you spend $3,000 on eligible purchases within 90 days from card approval. Exclusions apply.
  • 0% for 24 months on balance transfers with 1% balance transfer fee. Reverts to cash advance rate of 21.49% p.a.
  • $49 p.a. annual fee for the first year ($99 p.a. annual fee thereafter)

Pros

  • The 90,000 bonus Amplify Points.
  • 0% for 24 months on balance transfers.
  • Comes with complimentary insurance (terms, conditions, exclusions, and eligibility criteria apply).
  • Compatible with Apple Pay, Google Pay, and Samsung Pay.

Cons

  • There is a 1% balance transfer fee. Other cards offer 0% balance transfer free.
Citi Clear Credit Card

Citi Clear Credit Card

Balance transfer

N/A

Purchase rate

6 months at 0% p.a.

Annual fee

$49.00 for 1st year

Highlights

  • Enjoy 0% p.a. 6 months on purchases (reverts to 14.99% p.a. after the promotional period).
  • Reduced annual fee of just $49 in the first year, then $99 after the initial year.
  • Add up to 4 additional cardholders at no extra cost.

Pros

  • Low ongoing variable purchase rate of 14.99% p.a.
  • Includes complimentary insurance.
  • Up to 55 days interest-free on retail purchases.
  • Enjoy cashback offers each month via My Cashback.

Cons

  • There is no rewards program on this card.

Learn about credit card price protection

What is credit card price protection insurance and how it can benefit you.

  • FAQs

Can I get a price difference refund against an online purchase?

Most unlikely. Price protection schemes are designed for purchases made from a bricks-and-mortar retail store located in Australia.

Can I get a price difference refund if I purchase in a store, then see a lower price online?

No. The scheme’s conditions will normally exclude any prices advertised only online. However, you may see a price advertised online by a retailer who also has a physical store within 25 km of your original purchase, so it’s worth checking to see if they have issued a printed catalogue specifying the same low price.

Can I get a price refund on a lower price for a car?

No. Motor vehicles are usually amongst the items specifically excluded from the policy (along with jewellery, collectibles and works of art).

Can I get a refund for a price difference of $50?

Very unlikely. Most policies will have a minimum claim limit involving a price difference of at least $75.

Can I get a refund on a price difference of $2,000 or more?

The policy applicable to your card will have a maximum claim limit, often as low as $300 but occasionally as high as $1,000. Being able to make a claim for more than $1,000 on a single item is unlikely, unless you have a policy for which you have paid a premium.

Do all credit cards have a price protection guarantee scheme?

No. A price protection guarantee scheme is normally just one item in a suite of insurance policies often accompanying premium cards with a high annual fee. However, some lower-priced cards, or even cards with no annual fee at all, may have a price protection program as part of a “shoppers’ insurance” group of policies alongside purchase protection and extended warranty. But many credit cards have no insurance cover at all.

Price protection is not the same as purchase protection.

How long do I have in which to make a claim?

Most policies will specify that the price difference refund claim must be submitted no more than 21 days after the original purchase.

What if I see a lower price advertised in print a few hours’ drive away?

You probably won’t be able to make a claim. Most policies specify that the item must be available at the lower advertised price in a store not more than 25 km from the store where the original purchase was made.

What if I see a lower price for an item which is almost the same as, or better than, the one I purchased?

You will not be able to make a claim. The item in question must be identical to the one you purchased in all respects: the same manufacturer, and exactly the same model number.