Best no annual fee credit cards
3 cards with $0 annual fee, ranked by signup bonus.
1.
1. BOQ Platinum Visa Credit Card (Home loan with BOQ)Temporarily Unavailable
BOQ points
$0 annual fee
Existing customers onlyCan I become an existing customer?
Offer
100,000 BOQ points after meeting spend requirements
Spend $4,500 in 90 days
2.
2. Westpac Low Rate Card (Existing Customers)
Westpac points
$0 annual fee
Existing customers onlyCan I become an existing customer?
Offer
0 Westpac points after meeting spend requirements
Spend $7,000 in 210 days
3.
3. The American Express Platinum Edge Credit Card
American Express points
$0 annual fee
Offer
0 American Express points after meeting spend requirements
Spend $0 in 0 days
What is a no annual fee credit card?
A no annual fee credit card charges $0 per year to hold. Some cards charge a monthly fee instead, so check the total cost. These cards are ideal if you want reward points without ongoing costs.
How to choose the best free credit card
Look at the signup bonus first — that is where most of the value comes from. Then check the earn rate (points per dollar) and what reward program the card uses. A no-fee card with a large signup bonus can be worth more in the first year than a premium card after you subtract its annual fee.
