5 Best Credit Card Offers in Australia
By Mark T Brown

There are many credit cards available in Australia, and wading through the many possibilities can be a challenge in itself. This guide offers the five best credit card offers in Australia. Customer service, benefits, interest rates, and low annual fees were taken into account for each selection.

Citibank Clear Credit Card

The Citibank Clear Credit Card is a solid choice for those with few credit problems. This Visa has an ongoing interest rate of 12.49 percent p.a. For the first six months, there is zero p.a. for balance transfers to the card. There also is no interest for up to 55 days on purchases, and full online and telephone account management. The annual fee for the Citibank Clear Credit Card is $65.

St. George Vertigo MasterCard

Money Magazine 2008 named the St. George Vertigo MasterCard Australia's cheapest credit card, making this a consumer-friendly choice. The interest rate is 11.89 percent p.a., with zero p.a. for balance transfers to the card during the first six months of membership. St. George Vertigo MasterCard holders also can enjoy a selection of discounts and extras. The annual fee is $55.

ANZ Low Rate MasterCard

ANZ Low Rate MasterCard allows up to three additional cardholders without charge, making this a convenient choice for both businesses and families. This credit card offers up to 55 days interest-free on transactions, and a regular interest rate of 11.99 percent p.a. In addition, there is zero p.a. for the first six months on balance transfers. Cash advances incur 19.99 percent p.a., and the annual fee is $58.

American Express Blue Sky

American Express Blue Sky offers the prestige of carrying an American Express with the ability to pay for purchases over time. The card's benefits include a travel air miles rewards program, free travel insurance, and no annual fee. The interest rate is 19.99 percent p.a., while balance transfers are only 6.9 percent p.a. The credit card limits can be as high as $25,000, and additional cards can be issued.

Bank of Queensland Low Rate Credit Card

Banks of Queensland Low Rate Credit Card offers a Visa card with a 12.49 percent p.a. interest rate on purchases, balance transfers, and cash advances. The card can be issued in a variety of colors such as black, green, indigo, and orange. Full account management is available via the World Wide Web and telephone. There is up to 44 days interest-free on purchases, and an annual fee of $49.