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Shoppers have many $0-fee credit cards to choose from

Shoppers have many $0-fee credit cards to choose from

18 Nov, 2018 - 2 min read

Sick of paying to use your credit card? Well, there are more than 25 cards that could be used potentially without incurring fees or interest, a new credit card analysis has found.

RateCity has found a range of credit cards that don’t charge an annual fee and that offer a maximum interest-free period of at least 44 days (see table below).

So if you have one of those credit cards and pay off your entire debt each month, you won’t have to pay a cent in fees or interest – assuming you restrict yourself to domestic purchases.

If you use the cards overseas or buy products from foreign websites, you might be charged international transaction fees and currency conversion fees. If you use the cards to make cash advances, you might be charged cash advance fees.

American Express, Bank of Melbourne, BankSA, Bankwest, Citi, Coles, HSBC, ING, ME Bank and St George Bank are some of the providers that offer credit cards with $0 annual fees.

Bank Australia, Bank First, BankVic, CUA, Horizon Credit Union, Hume Bank, QBank, Qudos Bank, Teachers Mutual Bank, UniBank and Virgin Money also have no-annual-fee credit cards.

Provider	Product	Annual fee	Ongoing interest rate	Max. interest-free days
American Express	Essential Credit Card	$0	14.99%	55
American Express	Low Rate Credit Card	$0	8.99%	55
American Express	Qantas Discovery Card	$0	20.74%	44
American Express	Velocity Escape Card	$0	20.74%	55
Bank Australia	Visa Credit Card	$0	12.39%	55
Bank First	Visa Classic Credit Card	$0	12.94%	55
Bank of Melbourne	No Annual Fee Visa	$0	20.49%	55
BankSA	No Annual Fee Visa	$0	20.49%	55
BankVic	Qantas Visa Credit Card	$0	16.95%	55
BankVic	Visa Silver	$0	11.95%	44
Bankwest	Zero Mastercard Classic	$0	17.99%	55
Bankwest	Zero Mastercard Platinum	$0	17.99%	55
Citi	Simplicity	$0	19.99%	55
Coles	No Annual Fee Mastercard	$0	19.99%	55
CUA	Brisbane Heat Supporters’ Low Rate Credit Card	$0	11.99%	55
CUA	Brisbane Heat Supporters’ Platinum Credit Card	$0	19.99%	55
Horizon Credit Union	Visa Credit Card	$0	12.95%	55
HSBC	Premier World Mastercard (Rewards Plus)	$0	19.99%	55
Hume Bank	Value Visa	$0	11.95%	55
ING	Orange One	$0	11.99%	45
ME Bank	Frank	$0	11.99%	55
QBank	Bluey Card	$0	11.99%	55
Qudos Bank	Lifestyle Plus	$0	15.85%	46
St George Bank	No Annual Fee Visa	$0	20.49%	55
Teachers Mutual Bank	Teachers Credit Card	$0	11.50%	55
UniBank	Visa Credit Card	$0	11.50%	55
Virgin Money	No Annual Fee Card	$0	18.99%	44

Please note that the cheapest credit card won’t always be the best credit card for your individual situation.

Disclaimer

This article is over two years old, last updated on November 18, 2018. While RateCity makes best efforts to update every important article regularly, the information in this piece may not be as relevant as it once was. Alternatively, please consider checking recent credit cards articles.

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Product database updated 28 Nov, 2024

This article was reviewed by Head of SEO Leigh Stark before it was published as part of RateCity's Fact Check process.

Nick Bendel

Property & Personal Finance Writer

A property and personal finance writer, Nick Bendel covered property, loans, credit cards, superannuation, and other bank products. Nick has previously written for The Adviser, Mortgage Business, Lifehacker, Business Insider, Yahoo Finance, and InvestorDaily, and loves getting elbow-deep in the latest ABS, APRA and RBA data.