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It’s time to analyze the market offerings and find the cashback credit card Australia for your spending profile. Today, banks offer a diverse range of incentives that can help you achieve significant long-term savings.
However, the task of selecting the cashback credit card Australia can seem complex, given the variety of annual fees, variable interest rates, and interest-free payment periods that accompany each proposal.
You will notice that while some offers focus on a substantial welcome bonus for new customers, others provide a constant percentage return in specific spending categories, such as supermarkets and petrol stations.
In this article, we present a long, data-driven view of the main options available now. In the end, you will leave with clear information to decide which card meets your financial habits, offering not only an attractive return but also a fee structure that makes sense. Therefore, keep reading if you want to find your cashback credit card Australia.
Detailed Analysis of Candidates for best cashback credit card Australia
1. NAB Low Rate Credit Card
The NAB Low Rate Credit Card offers a bonus of up to AU$ 400 credit back for new customers who spend about AU$ 5,000 in six months. Its purchase rate is 13.49% p.a., one of the lowest on the list.
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The annual fee of AU$ 59 is modest, and the interest-free period reaches 55 days.
This card stands out for its low interest on purchases, 0% p.a. on balance transfers for 12 months.
It also comes with a free additional card, financial management tools in the NAB app, and robust fraud protection.
2. ANZ Low Rate Credit Card (Cashback Credit Card Australia)
With a very similar proposal, the ANZ Low Rate Credit Card offers up to AU$ 400 credit back under similar spending conditions (AU$ 5,000 in the first six months). In fact, this is a great credit card offer in Australia.
Its purchase rate is slightly higher, 13.74% p.a., with an annual fee of AU$ 58. In addition to the attractive initial cashback, benefits include up to three free additional cards, ANZ Falcon anti-fraud protection, and spending control tools in the app.
Like NAB, it offers 55 interest-free days, making it a solid alternative in the low-cost, initial return niche.
3. Westpac Low Rate Card
This card offers up to AU$ 350 in cashback in a different way: AU$ 50 credit per month when the customer spends AU$ 1,000 or more, for up to seven months.
This structure rewards constant spending. The purchase rate is 13.74% p.a. and the annual fee is AU$ 59.
Furthermore, the major differentiator is the offer of 0% p.a. on balance transfers for an extended period of 28 months, making it ideal for those who need to consolidate debt.
It also offers access to the Westpac travel service and discounts via Westpac Extras. Its average score on complaint sites is 3.5/5, the highest among cards with accessible scores.
4. St.George Vertigo Card (Cashback Credit Card Australia)
The St.George Vertigo Card provides up to AU$ 500 back (10%) on purchases made at selected supermarkets and petrol stations in the first 180 days.
This focus makes the card highly profitable for essential daily expenses.
It is worth noting that the purchase rate of 13.99% p.a. is low, and the annual fee of AU$ 55 is competitive.
It includes extended warranty insurance on purchases and compatibility with Apple Pay, Google Pay, and Samsung Pay. St.George Bank is a traditional brand, originating in 1937, now part of the Westpac group.
5. BankSA Vertigo Card
The BankSA Vertigo Card, a division of the Westpac group, replicates the same generous cashback offer of up to AU$ 500 on eligible purchases at supermarkets and petrol stations within six months.
It shares the same low rates as St.George (13.99% p.a. purchase rate, AU$ 55 annual fee) and 55 interest-free days.
6. Commonwealth Bank Low Fee Credit Card
This card is ideal for those seeking the lowest annual fee.
It offers up to AU$ 240 in cashback (AU$ 40 credit per month, spending AU$ 500 monthly, six months).
Its purchase rate is 20.99% p.a., which is high. However, the monthly fee is only AU$ 3 (AU$ 36/year), which can be zeroed out if the customer spends AU$ 300 or more per month.
In this alternative, the focus is on low maintenance cost, with a potentially free annual fee and access to the CommBank Yello program with personalized offers.
7. CommBank Low Rate Credit Card (Cashback Credit Card Australia)
This card is distinguished by the possibility of a personalized purchase rate, which can vary between 10.99% and 15.99% p.a., defined according to the credit profile.
As a rule, the total cashback offered is higher, reaching AU$ 450 (AU$ 75 per month, spending AU$ 500 monthly, six months).
Furthermore, the highest monthly cashback value among CommBank cards and the possibility of a very low purchase rate (minimum 10.99% p.a.) make it a strong candidate for the best cashback credit card Australia for those with an excellent credit history.
8. Kogan Money Black Card
In partnership with NAB, this card grants AU$ 400 in credit for purchases on Kogan.com when spending AU$ 1,500 in 90 days, a relatively low initial spending goal.
The annual fee is zero, and it offers the Kogan Rewards program, with point accumulation (2 points per AU$ 1 spent).
In addition, it includes free Kogan First membership.
Its main disadvantage is the high purchase rate (21.99% p.a.) and the low score on complaint sites (2.2/5), with reports of difficulties with customer service and the app.
9. ANZ Rewards Black Credit Card
This card is focused on points, but offers a bonus that includes up to 180,000 ANZ Rewards points and AU$ 100 credit when spending AU$ 5,000 in the first three months.
It features high point accumulation (2 points per AU$ 1), travel insurance and purchase protection included, lounge access, and 24h concierge services.
It is emphasized that the high annual fee of AU$ 375 and the purchase rate of 20.99% p.a. are offset by these premium benefits, making it the ideal choice for consumers who would already pay for these services separately.
Comparative Table of Cashback Credit Cards Australia
| Card (Issuer) | Cashback Bonus (Condition) | Purchase Rate (p.a.) | Annual Fee (AU$) |
| NAB Low Rate Credit Card | Up to AU$ 400 (spend AU$ 5k in 6 months) | 13.49% | 59 |
| ANZ Low Rate Credit Card | Up to AU$ 400 (spend AU$ 5k in 6 months) | 13.74% | 58 |
| Westpac Low Rate Card | Up to AU$ 350 (AU$ 50/month, spend ≥ AU$ 1k/month, 7 months) | 13.74% | 59 |
| St.George Vertigo Card | Up to AU$ 500 (10% at supermarkets/petrol, 180 days) | 13.99% | 55 |
| BankSA Vertigo Card | Up to AU$ 500 (10% at supermarkets/petrol, 180 days) | 13.99% | 55 |
| Bank of Melbourne Vertigo Card | Up to AU$ 500 (10% at supermarkets/petrol, 180 days) | 13.99% | 55 |
| CommBank Low Fee Credit Card | Up to AU$ 240 (AU$ 40/month, spend AU$ 500/month, 6 months) | 20.99% | 36 (or zero) |
| CommBank Low Rate Credit Card | Up to AU$ 450 (AU$ 75/month, spend AU$ 500/month, 6 months) | 10.99% to 15.99% | 72 |
| Kogan Money Black Card | AU$ 400 in Kogan.com credit (spend AU$ 1.5k in 90 days) | 21.99% | Zero |
| ANZ Rewards Black Credit Card | AU$ 100 credit + 180k points (spend AU$ 5k in 3 months) | 20.99% | 375 |
Conclusion (Cashback Credit Card Australia)
Finding the best cashback credit card Australia depends directly on your spending profile and how you prefer to receive the return.
Cards like NAB Low Rate, ANZ Low Rate, and Westpac Low Rate offer an efficient combination of initial cashback and low interest rates, working very well for those seeking long-term savings.
Options like St.George Vertigo and BankSA Vertigo deliver high cashback in essential categories, making them ideal for those who spend more on supermarkets and fuel.
For profiles focused on a reduced annual fee, the CommBank Low Fee or the Kogan Money Black can generate an immediate return without fixed costs.
With the analyzed information, you can choose the card that best combines financial return, total cost, and suitability for your lifestyle, ensuring that every dollar spent generates the maximum possible benefit.