Compare Credit Cards

Platinum and Gold Card - Benefits and Features Comparisons
Provider Card Name Purchase Rate Balance Transfer Interest Free Rewards Points Card Fee  
Bankwest More Gold Mastercard
Shadow
0% p.a
(for first 6 months)
4.99% p.a
(for first 9 months)
Up to 55 days Check

$1 = up to 1.5 points. 5,000 Bonus Points on activation
$120

Additional Information

  • 8,000 Bonus Points on activation and earn 1.5 more reward points for every $1 spent on eligible purchases or earn 1 Qantas frequent flyer point per $2 spent on eligible purchases.
Provider Card Name Purchase Rate Balance Transfer Interest Free Rewards Points Card Fee  
Bankwest Zero Platinum MasterCard
Shadow
0% p.a
(for first 6 months)
4.99% p.a
(for first 9 months)
Up to 55 days Check

FREE

Additional Information

  • No annual fee credit card with built in travel insurance.
Provider Card Name Purchase Rate Balance Transfer Interest Free Rewards Points Card Fee  
Bankwest More Platinum MasterCard
Shadow
0% p.a
(for first 6 months)
4.99% p.a
(for first 9 months)
Up to 55 days Check

$1 = up to 2 points. 16,000 Bonus Points on activation
$190

Additional Information

  • 16,000 Bonus Points on activation. Great rewards programme plus travel insurance and 24/7 concierge service.
Provider Card Name Purchase Rate Balance Transfer Interest Free Rewards Points Card Fee  
Bankwest Zero Gold MasterCard
Shadow
0% p.a
(for first 6 months)
4.99% p.a
(for first 9 months)
Up to 55 days Check

FREE

Additional Information

  • No annual fee credit card with built in travel insurance.
Provider Card Name Purchase Rate Balance Transfer Interest Free Rewards Points Card Fee  
Westpac 55 Day Platinum Credit Card
Shadow
0% p.a
(for first 6 months)
3.99% p.a
(for first 6 months)
up to 55 days Check

$0 (for first year $90 thereafter)

Additional Information

  • Enjoy benefits including complimentary travel insurance and concierge service plus $0 ongoing annual fee waiver if you spend $20,000 p.a.
Provider Card Name Purchase Rate Balance Transfer Interest Free Rewards Points Card Fee  
St.George Platinum Visa
Shadow
15.99% p.a
0% p.a
(for the first 8 months)
Up to 55 days Check

$89

Additional Information

  • Personal Concierge Service, Overseas travel, transit accident, purchase cover, extended warranty insurance
Provider Card Name Purchase Rate Balance Transfer Interest Free Rewards Points Card Fee  
BankSA Platinum Visa
Shadow
15.99% p.a
0% p.a
(for the first 8 months)
Up to 55 days Check

$89

Additional Information

  • Personal Concierge Service, Overseas travel, transit accident, purchase cover, extended warranty insurance
Provider Card Name Purchase Rate Balance Transfer Interest Free Rewards Points Card Fee  
St.George Gold Low Rate Credit Card
Shadow
15.99% p.a
N/A
Up to 55 days Check

$79

Additional Information

  • Receive complimentary insurance covers including travel, accident and purchase.
Provider Card Name Purchase Rate Balance Transfer Interest Free Rewards Points Card Fee  
NAB Premium Card
Shadow
19.49% p.a
1% p.a
(for up to 12 months apply by June 2nd 2013))
up to 44 days Check

$90

Additional Information

  • Complimentary NAB Overseas Travel Insurance
Provider Card Name Purchase Rate Balance Transfer Interest Free Rewards Points Card Fee  
Singapore Airlines Westpac Platinum Credit Card
Shadow
19.49% p.a
0.99% p.a
(for first 9 months)
up to 45 days Check

Up to 1.5 KrisFlyer miles per $1 spent
$250

Additional Information

  • The only cards in Australia that earn KrisFlyer miles for everyday purchases
Provider Card Name Purchase Rate Balance Transfer Interest Free Rewards Points Card Fee  
Suncorp Clear Option Gold Card
Shadow
20.5% p.a
0.9% p.a
(for first 12 months)
Up to 55 days Check

1 Reward point for every $1 spend
$59
(for first year then $120)

Additional Information

  • 0% on Balance Transfer for first 6 months plus complimentary international travel insurance.
Provider Card Name Purchase Rate Balance Transfer Interest Free Rewards Points Card Fee  
Citibank Rewards Platinum Credit Card
Shadow
20.99% p.a
1.5% p.a
(for first 15 months)
Up to 55 days Check

Up to 3 points = $1
First Year Free ($199 Thereafter)

Additional Information

  • Extensive rewards and benefits plus Complementary International Travel Insurance, Transit Accident Insurance and Purchase Cover Insurance.

Gold And Platinum Credit Cards Explained:

Gold and platinum credit cards are different from standard credit cards, and many credit card holders often wonder what the difference is. The most obvious difference between standard credit cards and gold and platinum is the former is not seen as being as prestigious.

Prestige is the essential difference between gold and platinum cards and cards, which means they tend to be targeted at people with higher incomes. This means to hold a gold or platinum card the person usually needs to satisfy a higher minimum income requirement. Of the two, Platinum cards tend to have higher access requirements that their gold card companion.

Times have changed since the concept of the premium credit card was first developed and so has the definition of what constitutes a high income. This means even if you believe you are receiving a modest income, you may still qualify for a gold or platinum card.

Gold and platinum cards have a higher annual fee and better rewards programs compared to standard credit cards, and historically they have tended to also offer higher credit limits. Card companies have concentrated on offering better rewards programs for premium credit cards but the gap between credit limits has narrowed, and there is a not a lot of difference between the limit offered on a premium card and standard credit card.

The difference between standard and premium cards is no longer as pronounced as they once were in the past. Historically premium cards were targeted at higher income earners and offered higher credit limit. Today however all credit cards offer higher credit limits to borrowers with a decent credit history, so in practice there is little or no difference.

When comparing credit cards check the APR, the rewards program and whether there are any introductory offers regardless of whether they are premium or standard .

It does not matter what type of credit card you are looking for, the financial comparison site Money-AU brings together a range of different credit card deals that will help borrowers and consumers looking to find the best credit card deal for them.

Latest Credit Card News from the Money-AU Consumer Finance Blog

RBA
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The economists are basing their prediction on the back of a weak Australian economy and modest gains in the global economic outlook.

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new RBA
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