Balance Transfer credit cards provide a great way to quickly reduce the amount you are paying on any credit balance.
Check for geat Deals and Offers below.
| Card | Interest Rate | Balance Transfer | Annual Fee | Free Days | Info |
|---|---|---|---|---|---|
WoolworthsWoolworths Everyday Money credit card![]()
|
0% p.a. for 9 months and then 19.84% p.a. thereafter |
5.99% p.a. for 6 months |
$49 |
Up to 55 Days |
Info |
WestpacSingapore Airlines Westpac Platinum Credit Card![]()
|
19.49% p.a. |
0.99% p.a.up to 6 months |
$250 |
Up to 45 Days |
Info |
WestpacWestpac Earth Platinum Credit Card![]()
|
19.99% p.a. |
0.99% p.a. up for 6 months |
$250 |
Up to 45 Days |
Info |
WestpacWestpac Earth Gold Credit Card![]()
|
19.99% p.a. |
0.99% p.a.up to 6 months |
$125 |
Up to 45 Days |
Info |
WestpacWestpac Earth Credit Card![]()
|
19.99% p.a. |
0.99% p.a. up to 6 months |
$75 |
Up to 45 Days |
Info |
WestpacWestpac Altitude Gold Credit Card![]()
|
19.99% p.a. |
3.99% p.a. up to 6 months |
$150 |
Up to 45 Days |
Info |
WestpacWestpac Altitude Credit Card![]()
|
19.99% p.a. |
3.99% p.a.up to 6 months |
$100 |
Up to 45 Days |
Info |
WestpacSingapore Airlines Westpac Gold Credit Card![]()
|
19.49% p.a. |
0.99% p.a. up to 6 months |
$125 |
Up to 45 Days |
Info |
CitibankCitibank Rewards Credit Card - Classic![]()
|
20.99% p.a. |
6.9% p.a. for 6 months |
$89 |
Up to 55 Days |
Info |
CitibankCitibank Clear Credit Card![]()
|
15.99% p.a. |
6.9% p.a. for 6 months |
$65 |
Up to 55 Days |
Info |
CitibankCitibank Emirates Credit Card![]()
|
20.99% p.a. |
0.9% p.a. for 12 months |
$0 first year and then $229 |
Up to 55 Days |
Info |
ANZANZ First Visa Card![]()
|
19.39% p.a. |
2.9% p.a. for first 12 months |
$30 |
Up to 44 Days |
Info |
Virgin MoneyVirgin Money Low Rate Credit Card![]() Editors Choice
|
12.99% p.a. |
2.9% p.a. for the first 9 months |
$59 |
Up to 44 Days |
Info |
St.George BankSt.George Vertigo MasterCard
|
13.24% p.a. |
0.99% p.a. for 6 months |
$55 |
Up to 55 Days |
Info |
HSBCHSBC Credit Card![]() Editors Choice
|
17.99% p.a. |
0% p.a. for 8 months |
$0 for life |
Up to 55 Days |
Info |
Bank of MelbourneBank of Melbourne (BoM) Vertigo Credit Card![]() Editors Choice
|
13.24% p.a. |
0.99% p.a. for up to 6 months |
$55 |
Up to 55 Days |
Info |
ANZANZ Platinum Card![]() Editors Choice
|
0% p.a. for the first 6 months (offer ends 12 June 2012) 19.39% p.a. thereafter |
0% p.a. for the first 6 months (offer ends 12 June 2012) |
$0 for 1st yr, then $87 p.a. (waived if annual apend exceeds $20,000 per year) |
Up to 55 Days |
Info |
Bank of QueenslandBOQ Low Rate Card![]()
|
0% p.a. for 3 months (13.49% p.a. thereafter) |
0% p.a. for 3 months |
$27 in the 1st year, $55 thereafter |
Up to 55 Days |
Info |
BankwestBankwest Breeze Gold MasterCard![]()
|
10.99%p.a. |
4.99% p.a. for 12 months and then 10.99%p.a. |
$89 |
Up to 55 Days |
Info |
Commonwealth BankCommonwealth Bank Awards Credit Card![]()
|
20.74% p.a. |
5.99% p.a. for 5 months |
$89 or $59 if you have a qualifying account with CBA |
Up to 55 Days |
Info |
CitibankCitibank Clear Platinum Credit Card![]() Editors Choice
|
11.99%p.a. |
2.9% p.a. for 12 months |
½ fee i.e. $49 for first year |
Up to 55 Days |
Info |
HSBCHSBC Platinum Credit Card![]()
|
19.99% p,a. |
0% p.a. for 6 months* (2% handling fee) |
$0 for the first year (thereafter $129) |
Up to 55 Days |
Info |
Commonwealth BankCBA Low Fee Gold Card![]()
|
20.24% p.a. |
5.99% p.a. for 5 months |
$90 or No Fee for qualifying members |
Up to 55 Days |
Info |
NABNAB Gold Card![]()
|
19.49% p.a. |
1% p.a. for 12 months |
$90 |
Up to 44 Days |
Info |
CitibankCitibank Business Credit Card![]()
|
0% p.a. for the first 4 months, then 20.74% p.a. thereafter |
0% p.a. for 4 months |
$149 |
Up to 55 Days |
|
NABNAB Low Fee Credit Card![]()
|
19.49% p.a. |
1% p.a. up to 6 months |
$30 |
Up to 44 Days |
Info |
NABNAB Qantas Credit Card![]()
|
19.99% p.a. |
4.99% p.a. for 6 months |
$65 |
Up to 44 Days |
Info |
NABNAB Qantas Gold Credit Card![]()
|
19.99% p.a. |
4.99% p.a. for 6 months |
$145 |
Up to 44 Days |
Info |
NABNAB Qantas Platinum Credit Card![]()
|
19.99% p.a. |
4.99% p.a. for 6 months |
$290 |
Up to 44 Days |
Info |
NABNAB Velocity Credit Card![]()
|
19.99% p.a. |
4.99% p.a. for 6 months |
$65 |
Up to 44 Days |
Info |
NABNAB Velocity Gold Credit Card![]()
|
19.99% p.a. |
4.99% p.a. for 6 months |
$150 |
Up to 44 Days |
Info |
CitibankCitibank Rewards Credit Card - Platinum![]()
|
20.99% p.a. |
1.9%p.a. for 15 months + 20,000 bonus points |
$199 |
Up to 55 Days |
Info |
BankwestBankwest More Rewards Gold MasterCard![]()
|
19.24% p.a. |
5.99% p.a. for 12 months |
$120 |
Up to 55 Days |
Info |
BankwestBankwest More Rewards Platinum MasterCard![]()
|
18.99% p.a. |
5.99% p.a. for 12 months |
$190 |
Up to 55 Days |
Info |
St.George BankSt.George Platinum Credit Card![]()
|
15.99% p.a. |
3.99% p.a. for 6 months |
$89 |
Up to 55 Days |
Info |
BankwestBankwest More MasterCard![]()
|
18.99% p.a. |
5.99% p.a. for 12 months |
$89 |
Up to55 Days |
Info |
BankwestBankwest Zero Gold MasterCard![]()
|
1% p.a. for 6 months and then 16.99% p.a. thereafter |
4.99% p.a. for 12 months and then 16.99% p.a. thereafter |
$0 |
Up to 55 Days |
Info |
WestpacWestpac Altitude Platinum Credit Card![]()
|
19.99% p.a. |
3.99% p.a. up to 6 months |
$295 |
Up to 45 Days |
Info |
BankwestBankwest Zero Platinum MasterCard![]() Editors Choice
|
1% p.a. for 6 months and then 17.99% p.a. thereafter |
4.99% p.a. for 12 months and then 17.99% p.a. thereafter |
$0 |
Up to 55 Days |
Info |
BankwestBankwest Breeze Platinum MasterCard![]()
|
10.99%p.a. |
4.99% p.a. for 12 months and then 10.99%p.a. |
$99 |
Up to 55 Days |
Info |
BankwestBankwest Zero Classic MasterCard![]()
|
1% p.a. for 6 months and then 16.99% p.a. thereafter |
4.99% p.a. for 12 months and then 16.99% p.a. thereafter |
$0 |
Up to 55 Days |
Info |
BankwestBankwest Breeze Classic MasterCard![]()
|
10.99%p.a. |
4.99%p.a. for 12 months and then 10.99%p.a. |
$49 |
Up to 55 Days |
Info |
Virgin MoneyVirgin Money - Flyer Card![]()
|
20.99% p.a. |
1.9% p.a. for 12 months , reverts to cash advance rate |
$50 |
Up to 44 Days |
Info |
St.George BankSt.George Amplify Rewards Card![]()
|
18.74% p.a. |
0.99% p.a. for 6 months |
$79 |
Up to 55 Days |
Info |
Bank of QueenslandBOQ Platinum Card![]()
|
20.74% p.a. |
1.9% p.a. for 6 months (21.74% p.a. thereafter) |
$99 Half annual fee for life of card, normally $199 |
Up to 55 Days |
Info |
CitibankCitibank BP MasterCard![]()
|
20.89% p.a. |
0% p.a. for 6 months |
$89 |
Up to 55 Days |
Info |
SuncorpSuncorp Platinum Credit Card![]()
|
20.74%p.a. |
NA |
$199 |
Up to 55 Days |
|
WestpacWestpac Low Rate Credit Card![]()
|
1.9% p.a. for 9 months 13.49% thereafter |
3.99% p.a.up to 6 months |
$0 for first year |
Up to 55 Days |
Info |
WestpacWestpac 55 Day Card![]()
|
0% p.a. for 5 months, thereafter 19.59% p.a. |
3.99% p.a. up to 6 months |
$0 (waived for the first year) $30 thereafter |
Up to 55 Days |
Info |
WestpacWestpac 55 Day Platinum Credit Card![]()
|
1.9% p.a.for the first 12 months |
3.99% p.a.up to 6 months |
$0p.a. First year + ongoing spend based fee waiver ($20,000 or more spent per year) |
Up to 55 Days |
Info |
Commonwealth BankCBA Low Rate Gold Card![]()
|
13.49% p.a. |
5.99% p.a. for 5 months |
$120 or $90 for qualifying customers |
Up to 55 Days |
Info |
Commonwealth BankCommonwealth Bank Low Fee Card![]()
|
20.24% p.a. |
5.99% p.a. for 5 months |
$0 based on conditions |
Up to 55 Days |
Info |
Aussie Credit CardAussie MasterCard![]() Editors Choice
|
9.99% p.a. for the first 12 months |
2.99% p.a. on balance transfers and 9.99% p.a. on purchases for the first 12 months |
$49 |
Up to 55 Days |
Balance Transfer Credit Cards are credit cards that have a low interest rate on credit card balance transfers.
A Credit card balance transfer is the transfer of money kept in a credit card account to an account at another credit card company. This action allows clients to consolidate their credit card debts onto a single credit card account and achieve savings on interest charges.
New customers are offered a “teaser rate”. It is a particularly low rate offered in order to attract new customers and encourage them to transfer their balance. In this way, new customers have extra low initial rate comparing to normal rate and that results in lower monthly outflows of money to the credit card issuer in the initial period. The interest rate is very often 0% when a new credit card account is opened.
The teaser rate is temporary with the duration period varying from 6 to 15 months. Failure to make regular payments may result in the withdrawal of the teaser rate by the bank.
The length of the teaser rate is the main factor when looking for credit transfer as when it is over there is usually a noticeable increase in the rates as bank tries to make up for the losses made. This can be avoided by switching again to another credit card company.