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Credit Cards
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Find all the features listed to make the best choice possible.
 Low Interest Rate~3.99% p.a for 6 months on Balance Transfers~Complimentary Insurance~Low Annual Fee for Platinum card |
 After 6 months the Balance Transfer Rate reverts to 21.49%. |
| Low Balance Transfer Rate 1.9% p.a. for 15 months + 20,000 bonus points |
Annual Fee $199 |
| 0% p.a. for 6 months on retail purchases, 11.99% p.a. thereafter. |
| $0 annual fee for 1st year, $229 thereafter. |
| 1.9% p.a.Balance Transfer rate for 6 months ~ 2 Rewards points per $1 spent ~ 50,000 bonus pts. |
Half Annual Fee for Life Time is $99. |
| Uncapped Frequent Flyer points and Comp Qantas Frequent Flyer membership ~ Overseas Travel & Medical Insurance etc. |
Annual fee is $295. |
| $0 Annual Fee for first year ~ APR & Balance Transfer Rate 0% p.a.for first 6 months ~ Overseas Travel & Medical Insurance. |
Balance Transfer rate is 20.99% p.a. after introductory 6 months. |
| Best Rewards Credit Card (Money Magazine) ~ 20,000 Bonus Reward points ~ Overseas Travel & Medical Insurance ~ Car Rental Cover. |
Annual fee $149 ~ No Balance Transfer offer. |
| No Annual Fee EVER ~ 4.99% p.a. Balance Transfer rate for 12 months ~ Travel Insurance ~ 24/7 Concierge. |
| Take advantage of 0% p.a. on balance transfers for 6 months. Experience Platinum Privileges, powerful credit limits, your own conc |
Platinum Credit Cards
Platinum Credit Cards are one of the premium card types on offer in Australia.
They aim to attract and reward high earners for the spending power they bring to the table. For the card holder there is a whole swathe of possible benefits quite apart from the swish gold card they are able to produce to impress the date with when paying the restaurant bill!
Applying for a Platinum Credit Card
Sometimes the credit providers approach existing customers with the offer of a platinum credit card for high earners and regular spenders.
They will court you for your signature and invite you to join with pre-approval. You will probably receive offers from the bank that you hold accounts with but it's worth shopping around, as always.
If you have to apply yourself then there are usually fairly strict criteria that the issuer will expect you to meet such as a minimum income and a good credit rating.
Benefits of Platinum Credit Cards
If you qualify for a platinum card you may get anything from a high credit limit, which is fairly standard, to perks like free international travel insurance, a concierge service, access to executive airport lounges, a warranty extension programme, free purchase protection and identity theft protection.
You might also find that the interest rates on these cards are a little lower because the card-holder represents a low risk to the bank.
Potential Downsides of Platinum Credit Cards
You will almost always pay annual fees on Platinum Credit Cards and they may be high - $250 plus is not uncommon.
This may be fine if you are using the perks and rewards you get with your card, but can seem expensive if you don't.
The Lower Bills Promise
We can't promise you'll be approved but we can promise to provide you with the right information so that you apply for the best credit cards possible!
Disclaimer: LowerBills.com.au is a third party reviewer of Australia's financial sector and has no direct affiliation or legal liability with Australian banks. While we make a modest attempt to be up to date and accurate on all published material, there is an inherent delay between the banks and us.
LowerBills.com.au collects information for many Australian credit card products; please note that this data represents only a limited group of credit cards available in the Australian market. We recommend you seek the advice of your own financial adviser before making a decision on a product from the information you have obtained from this website.
