Credit cards that offer 2 years or more interest-free

Interest-free periods on credit cards can help you manage existing debt — here’s a look at what’s on offer

The festive season and the beginning of the year can be taxing on personal finances, thanks to back-to-school purchases and the cost of Christmas and holidays.

It’s tempting to get your finances back on track by using a credit card with a long interest-free period.

Current interest-free periods mean that you can avoid interest for up to 30 months on the balance you transfer to the new card, allowing you to pay off debt at a lower rate.

Longest 0% balance transfer period (ends 28 Febuary):

The Westpac Low Rate Credit Card Offer*

  • 0% p.a. for 30 months on balance transfers. (2% balance transfer fee applies).
  • Reverts to variable cash advance rate.
  • $0 p.a. annual fee for the first year.

Longest 0% balance transfer with rewards:

Citi Rewards Platinum Card Balance Transfer Offer*

  • 0% p.a. for 26 months on balance transfers.
  • A one-off 2.5% balance transfer fee.
  • A reduced annual fee of $49 p.a. in the first year ($149 p.a. thereafter).

Longest 0% balance transfer that reverts to a low rate:

Bankwest Breeze Mastercard*

  • 0% p.a. for 24 months on balance transfers with a 2% balance transfer fee.
  • Reverts to low 12.99%p.a. interest rate
  • $79 p.a. annual fee

One-year Balance Transfer with no fees:

American Express low rate card

  • 0% interest on balance transfers for 12 months
  • Reverts to low purchase rate of 11.99% p.a.
  • No annual fee

Longest super-low 3% rate on balance transfers with rewards and Qantas points programs:

St.George Amplify Credit Card*

  • 3% p.a. for 36 months on balance transfers with no balance transfer fee.
  • $0 p.a. annual fee for the first year (save $79).
  • Earn points into either the Amplify Rewards program or Amplify Qantas program.

Long 0% Balance Transfer with multiple free insurances:

NAB Premium card*

  • 0% p.a. for 20 months on balance transfers with a 2% transfer fee.
  • 7 complimentary insurances: Overseas Travel Insurance, Interstate Flight Inconvenience Insurance, Transport Accident Insurance, Domestic Hotel Burglary Insurance, Purchase Protection Insurance, Extended Warranty Insurance, Price Protection Insurance.
  • Platinum Concierge Service—your own 24 hour, 7 day personal assistant.

9Saver Tips for Balance Transfers:

* In highlighting particular offers we are not making specific recommendations as this article does not cover all available products and may not compare all features relevant to you.
Any advice provided in this article is general in nature in that it does not take into account an individual’s particular circumstances or needs. Individuals should consider their own objectives, financial situation or needs, and if in doubt seek appropriate advice, before proceeding.

9Saver Partner offers RateCity Balance Transfer Credit Cards