Kogan Money Credit Card

The best credit cards in Australia right now (as of early September 2026) depend on your spending habits, whether you want rewards/points, low or no fees, balance transfers, travel perks, or cashback.

Aussies commonly use cards from the major banks (ANZ, CommBank/CBA, NAB, Westpac), American Express for premium rewards, and options like Kogan Money or Bankwest for lower costs. Visa and Mastercard dominate acceptance, while Amex is great for points but not accepted everywhere.

Always pay your balance in full each month to avoid high interest (typically 20%+ p.a.), compare current offers on sites like Finder or Mozo, and read the Product Disclosure Statement (PDS) as bonuses, fees, and terms change frequently. Note upcoming RBA reforms (effective around October 2026) that may affect surcharges and rewards structures.

Here are standout recommendations based on recent expert comparisons (Finder, Mozo, Canstar, etc.), focusing on cards people actually use for rewards, value, or everyday spending:

Top Rewards & Frequent Flyer Cards (Popular for Points Chasers)

These are widely used by Aussies maximising Qantas or Velocity points on everyday spend, groceries, and travel:

• Qantas American Express Ultimate Card: Often tops "best frequent flyer" lists. Strong earn rates (e.g., 1.25 pts per $1), big sign-up bonuses (up to 120,000+ Qantas Points), $450 annual Qantas Travel Credit, and lounge access. Great for Qantas loyalists.
• ANZ Rewards Black / Frequent Flyer Black: Frequently wins or places highly for rewards. High bonus points (e.g., up to 180,000), solid ongoing earn rates, and useful for transferring to Qantas or Velocity. ANZ cards are among the most awarded overall.
• American Express Velocity Platinum or Qantas co-branded cards: Strong for Velocity points or flexible Membership Rewards. High bonuses and good for travel perks; Amex is a top provider for rewards value.
• Other notables: Qantas Money Platinum (solid Qantas earn and bonuses) and NAB Qantas-linked cards.

Best No/Low Annual Fee & Everyday Cards (Widely Used for Simplicity)

These suit many Aussies who want minimal costs and rewards without premium fees:

• Kogan Money Credit Card (various offers, including balance transfer exclusives): Repeatedly wins "best no annual fee" categories. $0 ongoing fee, rewards points, and competitive rates—practical for everyday use.
• Bankwest Breeze Platinum Mastercard or similar low-rate options: Strong for travel (no/low FX fees in some versions), low ongoing rates, and value. Bankwest often wins travel-related categories.
• Low-rate cards from smaller providers (e.g., Greater Bank, MOVE Bank, or credit unions) for the cheapest purchase rates if you carry a balance occasionally.

Best for Cashback, Balance Transfers, or Business

• ANZ Platinum Credit Card: Tops cashback categories with credits or rebates.
• Balance transfer specialists: Latitude or Virgin Velocity-linked offers with 0% intro periods (watch fees).
• American Express Platinum Business Card: Popular for business users with high bonuses and employee cards.

Other Popular Mentions

• CommBank (CBA) Awards/Smart Awards cards: Common for everyday banking integration, flexible points, and fee waivers with spending thresholds.
• Coles Rewards Mastercard or similar store-linked cards: Used by many for Flybuys points on groceries.

Customer favourites often include ING (high satisfaction scores), Amex (trusted for rewards), and the big four banks for reliability and branch support.

Quick tips for Aussies:

• Factor in your monthly spend—premium cards (e.g., $300–$1,750 fees) pay off with high usage via points/redemptions.
• No-FX-fee or travel-focused cards like certain Bankwest or NAB options suit overseas trips.
• Check eligibility (income, credit score) and current sign-up bonuses, which can be worth hundreds in value.
• For the latest, compare directly on finder.com.au or mozo.com.au, as offers shift quickly.

If you share more about your spending (e.g., travel, groceries, business) or priorities (points vs low fees), I can refine these suggestions!

Some of the top credit cards in Australia in 2026 include American Express Platinum, NAB Rewards Platinum, Coles Rewards Mastercard, and Bankwest More World Mastercard, catering to various needs from rewards points to low fees and balance transfers.

Reward and Premium Cards

American Express Platinum Card – Offers up to 300,000 Membership Rewards points for eligible spending and premium perks such as airport lounge access and travel insurance. Its annual fee is higher at $1,450, but it’s popular among frequent travelers Money.com.au.

American Express Explorer Credit Card – Earns up to 75,000 Membership Rewards points, with a $395 annual fee. It provides travel perks and flexible reward options, making it attractive for frequent flyers Money.com.au.

Coles Rewards Mastercard – Suited for everyday shopping, it earns up to 40,000 Flybuys points. It has a more affordable $99 annual fee and cashback/redemption options for groceries and retail Money.com.au.

NAB Rewards Platinum Credit Card – Offers 100,000 NAB Rewards points, with a $195 annual fee. It provides points that can be redeemed across multiple partners and travel benefits, ideal for regular spenders Money.com.au.

Low-Fee and Low-Interest Cards

Kogan Money Credit Card – 0% p.a. for 9 months on purchases, no annual fee, and attracts a standard 21.99% p.a. afterward. Excellent for cost-conscious users who want short-term interest-free options Money.com.au+1.

Coles No Annual Fee Mastercard – No ongoing annual fees and 0% p.a. for 12 months on balance transfers, catering to budget-focused users Canstar.

Bankwest Zero Platinum Mastercard – Offers 0% p.a. for 6 months with a 3% balance transfer fee and an 18.99% p.a. revert rate. Low-maintenance for short-term credit management Canstar.

Frequent Flyer Cards

American Express Qantas Ultimate Card – Earns up to 120,000 Qantas Points with a $450 annual fee, plus travel insurance and rewards for everyday purchases. Excellent for regular Qantas flyers Money.com.au.

NAB Rewards Platinum with Velocity Points – Earns 90,000 Velocity Points, suitable for frequent flyers seeking redemption options with Virgin Australia Money.com.au.

BankVic Qantas Visa Credit Card – A cost-effective option for collecting Qantas points while earning low or moderate rewards Canstar.

Balance Transfer Options

MyCard Simplicity and MyCard Premier – Offer 0% p.a. for 6 to 20 months on balance transfers. Ideal for consolidating debt while minimizing interest charges Money.com.au.

Westpac Low Rate Card – 20 months of 0% on balance transfers followed by a standard 21.99% p.a., suitable for managing existing credit card debt Canstar.

How to Choose

Frequent spender on travel or retail: Consider rewards or frequent flyer cards. Looking to pay off debt: Choose balance transfer cards with long 0% offers. Low-cost management: Opt for low or no annual fee cards. International use: Check for foreign exchange fee-free options (often American Express cards).

The best choice depends on your spending habits and repayment plans, but the above cards represent widely-used and highly-rated options for different financial goals in Australia Money.com.au+2.