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Balance Transfer

Best Balance Transfer credit cards in Australia

Balance transfer credit cards in Australia let you move a balance from another card, usually at a promotional rate for a set period.

*a card is filed here when the issuer names it as a balance-transfer product, or offers a 0% introductory rate on balance transfers for a stated period β€” quoted from the issuer's own page in a sentence about this card, as reported by the issuer in a CFPB survey period that ended within the last seven months (US), or as published in the bank's Consumer Data Right product data (Australia). Only a card filed on a quoted line or a regulator's record is re-read: we keep that quote and its source on the card's record and re-read the source every week. When the line is gone, a card filed on it leaves this list; a source we cannot re-read stops counting after 60 days (a CFPB survey, 14 months after the period it reports). A card filed by its name stays while its name says balance transfer. Promotional rates, periods and transfer fees change often, so confirm them on the issuer's page.

28
Balance Transfer cards filed
The ledger

All Balance Transfer cards in Australia

28 cards
Bankwestβ„– 4

Bankwest More World Mastercard

Mastercard issued by Bankwest.

Balance TransferLounge Access
Annual feeA$270per year
Top earn rateNot confirmed
Bankwestβ„– 5

Bankwest Zero Platinum Mastercard

Mastercard issued by Bankwest.

Balance TransferLow Interest
Annual feeNot confirmed
Top earn rateNot confirmed
Bank of Queensland (BOQ)β„– 6

BOQ Blue Visa Credit Card

Visa card issued by Bank of Queensland (BOQ).

Balance TransferRewards
Annual feeA$89per year
Top earn rateNot confirmed
Bank of Queensland (BOQ)β„– 7

BOQ Low Rate Visa Credit Card

Visa card issued by Bank of Queensland (BOQ).

Balance TransferLow Interest
Annual feeA$65per year
Top earn rateNot confirmed
Bank of Queensland (BOQ)β„– 8

BOQ Platinum Visa Credit Card

Visa card issued by Bank of Queensland (BOQ).

Balance TransferPremium
Annual feeNot confirmed
Top earn rateNot confirmed
Bank Australiaβ„– 9

Low Rate Visa Credit Card

Visa card issued by Bank Australia.

Balance TransferLow Interest
Annual feeA$0per year
Top earn rateNot confirmed
MyCard (NAB)β„– 10

MyCard Clear Credit Card

Credit card issued by MyCard (NAB).

Balance Transfer
Annual feeA$149per year
Top earn rateNot confirmed
MyCard (NAB)β„– 11

MyCard Premier Credit Card

Credit card issued by MyCard (NAB).

Balance TransferLounge Access
Annual feeNot confirmed
Top earn rateNot confirmed
MyCard (NAB)β„– 12

MyCard Rewards Credit Card

Get 100,000 bonus MyCard Reward Points when you spend $5,000 on eligible purchases within 90 days from approval.

Balance TransferPoints
Annual feeNot confirmed
Top earn rateNot confirmed
MyCard (NAB)β„– 13

MyCard Simplicity

Credit card issued by MyCard (NAB).

Balance Transfer0% Intro Purchases
Annual feeNot confirmed
Top earn rateNot confirmed
National Australia Bank (NAB)β„– 14

NAB Low Fee Card

Visa card issued by National Australia Bank (NAB).

Balance TransferPoints
Annual feeA$49per year
Top earn rateNot confirmed
National Australia Bank (NAB)β„– 15

NAB Low Rate Card

Visa card issued by National Australia Bank (NAB).

Balance TransferLow Interest
Annual feeNot confirmed
Top earn rateNot confirmed
National Australia Bank (NAB)β„– 16

NAB Qantas Rewards Premium Card

Visa card issued by National Australia Bank (NAB).

AirlineBalance Transfer
Annual feeA$295per year
Top earn rateNot confirmed
National Australia Bank (NAB)β„– 17

NAB Qantas Rewards Signature Card

Visa card issued by National Australia Bank (NAB).

AirlineBalance Transfer
Annual feeA$449per year
Top earn rateNot confirmed
National Australia Bank (NAB)β„– 18

NAB Rewards Platinum Card

Visa card issued by National Australia Bank (NAB).

Balance TransferPoints
Annual feeNot confirmed
Top earn rateNot confirmed
National Australia Bank (NAB)β„– 19

NAB Rewards Signature Card

Up to 110,000 bonus NAB Rewards Points 80,000 bonus points when you apply for a NAB Rewards Signature Card, are approved and spend $5,000 on everyday purchases within the first 90 days of account opening and 30,000 bonus points when you keep your card for over 12 months.

Balance TransferLounge Access
Annual feeNot confirmed
Top earn rateNot confirmed
St.George Bankβ„– 20

Vertigo

Visa card issued by St.George Bank.

Balance TransferCash Back
Annual feeNot confirmed
Top earn rateNot confirmed
Bank of Melbourneβ„– 21

Vertigo

Visa card issued by Bank of Melbourne.

Balance TransferCash Back
Annual feeA$7/monthA$84/yr
Top earn rateNot confirmed
BankSAβ„– 22

Vertigo

Visa card issued by BankSA.

Balance TransferLow Interest
Annual feeA$7/monthA$84/yr
Top earn rateNot confirmed
Virgin Moneyβ„– 26

Virgin Money Low Rate Credit Card

Visa card issued by Virgin Money.

Balance TransferLow Interest
Annual feeA$99per year
Top earn rateNot confirmed
Westpacβ„– 28

Westpac Low Rate Credit Card

Mastercard issued by Westpac.

Balance TransferLow Interest
Annual feeA$84per year
Top earn rateNot confirmed
Questions

Frequently asked

What is the best balance transfer credit card in Australia?

The best balance transfer card in Australia depends on your spending and goals. We list every balance transfer card we hold β€” 28 in total β€” with the issuer's published fees, networks, and welcome offers, so you can compare on the facts rather than the marketing.

How do I choose a balance transfer credit card?

Compare the annual fee against the value you will actually use, check the network and any welcome offer, and weigh it against your top spending categories. Open any card below for the full breakdown, or use the Compare tool to line up two or three side by side.

Can I combine a balance transfer card with other cards?

Yes. Many people pair a balance transfer card with a complementary card so each handles the categories it earns most on. Holding cards from different issuers is common and can raise your overall rewards.

How do I know these balance transfer card details are current?

Each card's review page marks every figure it prints: β€œChecked” with the month (and a link to the published document where we hold its address), or β€œNot yet checked” with the issuer where no check is on record β€” and a card with any unchecked figure says so at the top. A figure the issuer's pages we checked do not state, or that sits behind a site that blocks automated reading, is left blank and marked β€œNot published by the issuer where we checked” or β€œIssuer restricts access β€” check their site”. The date beside β€œAnnual fee checked” covers the annual fee only. Terms change without notice, so confirm the current fee and offer on the issuer's own page before you apply.