Credit CardCashback Bonus OfferAnnual Fee
Commbank Low Fee Gold$200$0*
Citi Clear$250$49*
Commbank Low Fee$150$0*
ANZ Frequent Flyer Black$200 & 120k Points$425

For many people, cash back offer credit cards are one of the most attractive card options on the market. Unfortunately, though, these offers are sometimes hard to find. So we’ve done our research and compiled some of the best bonus cash back credit cards in Australia for 2021 for you to consider. 

Note: Before selecting a card, keep in mind that cash back deals require a minimum spend amount on the card within a specified timeframe. As such, you must always follow the guidelines and meet the criteria to get your cash back percentage monthly.

Check out some other similar articles for credit card solutions:

Top 3 Bonus Offer Credit Cards  

Best Rewards Credit Cards  

Best Frequent Flyer Credit Cards

Commbank Low Fee Gold

  • Cash Back Offer: $200 cashback when you spend $1,000. 

  • Purchase Rate: 19.74% p.a.

  • Annual Fee: $0 in 1st year. After that it's $89 p.a. unless you meet its yearly minimum spend which waives the annual fee. 

Why We Like It:

We like the Commbank Low Fee Gold credit card because of its high $200 cashback offer with its no annual fee in the first year promotion. To get the cashback offer you must apply before 30 September 2021 and spend at least $1,000 on purchases by 30 December 2021. Other conditions do apply such as it's only available to new Low Fee credit cardholders.  

After enjoying the zero annual fees in the first, you can continue this in subsequent years if you spend at least $10,000 in the year prior. If you don’t meet this minimum, the annual fee is $89.

You can also add an additional cardholder at no extra cost. 

The Low Fee Gold has a minimum credit limit of $400. Its standard purchase rate is 19.74% p.a. with up to 55 days’ interest-free. 

 

Extra Benefits:  

The fact that this card boasts $0 foreign transaction fees will have you saving on overseas transaction fees when shopping online or when travelling outside Australia, which is good news for your wallet. 

Plus, the card’s complimentary travel insurance provides cover for both the cardholder and their family via Commbank international travel insurance. It provides both purchase protection and extended warranty insurance, too. These extras will surely have you feeling more secure when shopping. 

You'll also receive access to the Priceless Cities program for special offers to shows and experiences around the globe. 

Mobile payments are available with popular apps Apple Pay, Google Pay, Samsung Pay, and Beem It.  

 

Income Eligibility: 

No set minimum income is required.

 

Citi Clear

  • Cash Back Offer: $250 cashback when you spend $3,000 on eligible purchases within 90 days from approval.

  • Purchase Rate: 14.99% p.a.

  • Annual Fee: $49 in the first year, then $99 p.a. after.

Why We Like It:

The Citi Clear has an attractive bonus cashback offer of $250 when you spend $3,000 on eligible purchases from 90 days of the approval date. This offer is only available to new cards customers only.

The cashback offer is especially appealing together with its current $49 annual fee offer in the first year, then $99 per annum after that. 

The purchase interest rate falls in the low range at 14.99% p.a. and has up to 55 interest-free days. 

 

Extra Benefits:  

The Citi Clear is supplemented with handy complimentary insurances. Purchase cover insurance, best price guarantee, and extended warranty are thrown in.

Boost your dining and entertainment experiences with Citi’s extra perks of free membership to Visa front line access, and a free bottle of wine at partner restaurants. 

 

Income Eligibility: 

Minimum income required is $35,000.

 

Commbank Low Fee

  • Cash Back Offer: $150 cashback when you spend $1,000. 

  • Purchase Rate: 19.74% p.a.

  • Annual Fee: $0 in 1st year. After this, there's a continued no-annual-fee option, or it's $29 p.a., depending on your yearly spending level.

Why We Like It:

We like the Commbank Low Fee credit card because you’ll pay no annual fee in the first year to use it while still enjoying the $150 cashback offer currently available (when you spend at least $1,000 on purchases by 30 December 2021 – conditions apply). However, this offer is only available on new Low Fee credit cards, not those already in service. 

On top of the zero annual fees in the first year, you can enjoy paying nothing in this area in subsequent years if you spend at least $1,000 in the year prior. If you don’t meet this minimum, the annual fee is $29.

Plus, you can add an additional cardholder at no cost. 

The card has a minimum credit limit of $500. Its standard purchase rate is 19.74% p.a. with up to 55 days’ interest-free. 

 

Extra Benefits:  

Sign up for this card, and you’ll also receive access to the Priceless Cities program for special offers to shows and experiences around the globe. 

Lastly, smartphone payments are available with popular apps Apple Pay, Google Pay, Samsung Pay, and Beem It.  

 

Income Eligibility: 

No set minimum income is required.

 

ANZ Frequent Flyer Black

  • Cash Back Offer: $200 cashback & 120,000 Qantas points. When you spend $3,000 on eligible purchases in the first 3 months from approval.

  • Purchase Rate: 20.24% p.a.

  • Annual Fee: $425.

Why We Like It:

The ANZ Frequent Flyer Black has a bonus offer that really turns heads!

Sign up for this card at the moment, and you can be rewarded with a whopping 120,000 Qantas Points plus $200 cash back when you spend $3,000 on eligible purchases in the first 3 months after card approval. This special offer is only available to non-cardholders of ANZ Rewards cards or those who've not held one within the last 12 months. The opportunity only applies once per eligible customer, too. 

This ANZ credit card is an ideal choice if, in addition to cash back, you’re also keen to build up travel reward points. Cardholders earn 1 Qantas Point per $1 spent on eligible transactions on everyday purchases, up to $7,500 per statement period. For purchases that come in over that $7,500 limit, you’ll receive 0.5 Qantas Points per $1 transacted.

Customers also earn extra one-to-one points on Qantas products or services for every dollar spent. These points are uncapped, so you’ll likely have enough for a flight within no time. There are some exceptions to this program, so for further details, check out the list of ANZ non-eligible purchases @ 23.Exceptions.

The purchase interest rate on ANZ’s Frequent Flyer Black card is 20.24% p.a. The $425 annual fee is considerably higher than the two cards mentioned above, but many more features come with it, so that’s expected. 

 

Extra Benefits:  

We love that this card rewards users with 2 handy complimentary Qantas Club lounge access passes yearly, not to mention a discounted first-year membership rate to Qantas Club for new members.

As a Frequent Flyer Black cardholder, you’ll also gain free access to programs such as Exclusives ANZ and VISA Entertainment. Through these, you can say yes to exclusive invitations to entertainment and lifestyle events and call a concierge service 24/7 for help with booking or planning outings. 

On top, utilise the card’s included travel insurances. With a Frequent Flyer Black card comes overseas travel and medical insurance, interstate flight convenience insurance, and rental excess cover.

When you shop, do so with confidence knowing eligible purchases are up for extended warranty, a best-price guarantee, and 90-day purchase protection, too.  

 

Income Eligibility: 

Not set minimum income is required, but the minimum credit limit is $15,000.

 

We hope you found our roundup of the best cash back offer credit cards in Australia for 2021 useful! These cards are rare but popular and worth checking out ASAP. 

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