Compare No Annual Fee Credit Cards
August 10th, 2010
Credit card comparison
It would be great to have one place to look and find a no annual fee credit card comparison chart. Here, we will do that for you! You will no longer have to go on the hunt and narrow down the best credit cards without an annual fee on your own. We have narrowed down our favourite picks and put them in one convenient place.
- Woolworths Everyday Money Credit Card – Great credit card with no annual fee, but only for one year. Every year after that the annual fee will be $49 which is a bargain. Also, Woolworths currently has 0% on balance transfers for six months and purchases at 19.49%. Woolworths also has a rewards program where you can earn three points for every $1 spent. Every four months, a shopping card will be sent to you for your patronage.
- Westpac 55 Day Credit Card – While you will eventually pay an annual fee with this credit card, at $30 it’s a steal. For one year, there is no annual fee. Also, balance transfers are at a rate of 3.99% for six months and purchases at 0% for five months, then 19.24%. The catch to this card is if you spend $10,000 on it every year, your annual fee will be $0.
- Bankwest Zero Platinum Credit Card – As for our no annual fee credit card comparison chart, this is one of the best finds. With no annual fee, ever! Balance transfers at 3.99% for nine months and purchases at a low 16.99%. This is a great credit card.
- HSBC Credit Card – Our top pick with $0 annual fee for the life of the card, 0% on balance transfers for six months and a low 16.99% on purchases.
What to consider
When looking at the no annual fee credit card comparison chart, you first want to think about your specific financial situation. For some, having a credit card with an annual fee is necessary. They may need the benefits of a rewards program, pay their credit card in full each month and like having low interest. For those that carry a balance and do not need a reward program paying an annual fee seems silly. While all the cards we have mentioned are great, consider what you truly need and open the right credit card for you. It would be a bad situation if you opened a credit card with an annual fee and never reaped the benefits of having one.
Related posts:
- No Annual Fee For Life Credit Cards – Compare $0 Annual Fee for Life Credit Card Offers
- How to Compare Annual Fee Credit Cards
| Interest Rate (p.a.) | Balance Transfer Rate (p.a.) | Annual fee | Cash Advance Rate (p.a.) | ||
|---|---|---|---|---|---|
 HSBC Credit Card | 17.99% | 0% for 8 months with 2% handling fee | $0 | 21.99% |
|
 Virgin No Annual Fee Credit Card | 18.99% | 2.9% for 6 months | $0 | 20.99% |
|
 Bankwest Zero MasterCard | 0% for 6 months (reverts to 17.99% ) | 4.99% for 9 months | $0 | 18.99% |
|
