| Credit Card | Balance Transfer Offer | Transfer Fee | Annual Fee |
|---|---|---|---|
| ANZ Low Rate | 0% for 26 months | 3% | $0* |
| Bankwest Breeze | 0% for 24 months | 3% | $49 |
| Westpac Low Rate | 0% for 20 months | 3% | $0* |
| St.George Vertigo | 0% for 20 months | 3% | $0* |
Even when comparing for best balance transfer credit cards, it’s still vital to check the fees and terms and conditions of each carefully before you sign up. And for deciding which balance transfer offer is the best option for you, here are some key features to take into consideration:
• The balance transfer interest rate and term.
• The upfront balance transfer fee ranging between 0% and 3%.
• The reverted interest rate (the interest rate applied to any transferred balance that is not fully paid off before the 0% interest months end).
• If you're planning to use the credit card to make purchases too then check if the offer provides interest free days during the balance transfer promotional period.
Balance transfer offers are extended to new customers transferring over from another bank. You’ll have to meet the minimum repayments (or more) every month during the balance transfer term to keep the offer in place. Plus, you typically won’t get access to interest-free days on new purchases until the transferred balance is paid off.
To help you find the best 0% interest balance transfer credit card for your needs, here’s a list of some of the prime options in Australia and their key details. For additional options, check out some more balance transfer credit card offers or tips for paying off your credit card fast.
ANZ Low Rate
Why We Like It
The ANZ Low Rate is an excellent choice if you want a credit card with a low purchase rate of 13.74% p.a., for new transactions after paying off your balance transfer.
Enjoy 26 months of 0% interest on the transferred amount. There is a 3% charge for the transfer and the reverted interest rate is 21.99% per annum. The balance transfer is offer is only available to new ANZ Low Rate account holders. You can transfer up to 95% of the card's credit limit, and still, have up to 55 interest-free days on new purchases.
In the first year, the annual fee is $0 with the balance transfer, then an affordable $58 each year after, also this card has a wider-than-usual eligibility range. The $1,000 minimum credit limit is low, meaning it’s accessible for people with a lower minimum income, including students.
Extra Benefits
Families tend to like this card as it allows users to set up 3 additional cardholders at no extra cost.
Another perk is that you get a free membership to Visa Entertainment. This provides access to special offers, ticket pre-sales, and more.
Income Eligibility
No set minimum income required.
Bankwest Breeze Classic
Why We Like It
The Bankwest Breeze Classic low rate card is an ideal balance transfer offer for you if unsure or sure about paying off the full transfer balance before the zero-interest promotion ends. Any balance remaining will reverted to a low rate of 12.99% p.a.
It has a great offer of 0% interest for 24 months with a one-time 3% transfer fee. You can transfer over up to 95% of the card's limit and still have up to 55 days interest-free on new purchases while your balance transfer is in play. (Note: this balance transfer offer is available to new credit card customers only.)
The card offers credit limits between $1,000 and $15,000, which makes it within reach for many customers who may not qualify for other cards.
Extra Benefits
Handily, this product comes as a digital card, too! This means that as soon as you're approved, you can access and activate your new details through the Bankwest app and start using the card right away.
For only a $59 annual fee, you can upgrade to the Bankwest Breeze Platinum. It features the same balance transfer offer but packs in travel insurance, no foreign transaction fees, and purchase protection.
Income Eligibility
It has a minimum annual income requirement of $15,000.
Westpac Low Rate
Why We Like It
If you’ve struggled to meet credit card eligibility requirements in the past or are an existing Westpac customer, consider this option. The Westpac Low Rate, as its name suggests, comes with a low minimum credit limit of only $500. It can be a popular option for students, in particular, as it suits a broad range of people.
Sign up and transfer your balance and by paying a 3% transfer fee, and get 20 months at 0% interest to pay it off.
You can transfer only up to 80% of the credit limit, and you do still get up to 55 interest-free days on new purchases. After the initial 28-month period, any remaining balance will be subject to a 21.99% p.a. cash advance rate.
The card's interest rate on new purchases is 13.74% p.a. but if you pay off your statement balance by the due date each month you won't pay any interest.
Extra Benefits
The Low Rate card has no annual fee in first year with the BT offer for existing Westpac customers, otherwise it's $59 per annum, which is still very affordable.
Income Eligibility
No set minimum income required.
St.George Vertigo
Why We Like It
The St.George Vertigo card gives you a low-purchase-rate.
You have 20 months to pay off your balance transfer at 0% interest for a transfer fee of 3%. At the promotion’s end, remaining balances revert to the 21.99% p.a. cash advance rate. Transfer up to 80% of your card's limit and plus you still get up to 55 days interest-free on new transactions during the balance transfer promo period.
If you're an existing St. George customer, you can get $0 in the first year, otherwise the annual fee is $58.
Extra Benefits
This card has a low purchase rate of 13.99% per annum, which is another plus.
Also, managing the card is simple via the bank’s app. Set up repayment notifications, so you never forget to transfer funds, and get alerts about large transactions.
You can also boost security by temporarily locking your card or changing transaction limits, and you can use the app to check purchases throughout the month.
Income Eligibility
No set minimum income required.
See other articles you might like:
Top Interest Free Credit Cards
Best Low Interest Rate Credit Cards
Our list of the best balance transfer credit cards in Australia 2026 should make it easier for you to find the perfect product for you, but if you need more assistance, we’re here to help.
Have a comment? Feel free to have your say below.
Add your email address to the form at the bottom of our homepage to get sent other helpful credit card tips. You can also follow us on Facebook, Instagram or Twitter.
