Credit Cards with No Annual Fee
Westpac Low Rate Card (Existing Customers)
Westpac points
$59 annual fee
OfferExisting Customers
0 Westpac points
First year card fee waived for existing Westpac customers when approved for a new Low Rate credit card.
Spend $7,000 in 210 days
$0 first year annual fee, $59 thereafter
Craig's Take
Easy $33/day spend to hit the bonus. $350 cashback covers the $59 fee.
Read my analysis
CommBank Ultimate Awards Credit Card with Qantas Points (with $4000 per month spend)
Qantas points
$0 annual fee
Offer
70,000 Qantas points
$0 monthly card fee if you spend at least $4,000 in your statement period; otherwise $35 monthly fee applies
Spend $12,000 in 120 days
Craig's Take
Moderate spend — $100/day for 120 days. Poor ongoing earn rate. No annual fee.
Est. profit $1,030
Read my analysis CommBank Ultimate Awards Credit Card with Qantas Points
Qantas points
$420 annual fee
Offer
70,000 Qantas points
$0 monthly card fee if you spend at least $4,000 in your statement period; otherwise $35 monthly fee applies
Spend $12,000 in 120 days
Craig's Take
Moderate spend — $100/day for 120 days. Poor ongoing earn rate.
Est. profit $820
Read my analysis CommBank Ultimate Awards Credit Card
Commbank points
$420 annual fee
Offer
100,000 Commbank points
$0 monthly card fee if you spend at least $4,000 in your statement period; otherwise $35 monthly fee applies
Spend $12,000 in 120 days
Craig's Take
Moderate spend — $100/day for 120 days. Average ongoing earn rate.
Read my analysis CommBank Ultimate Awards Credit Card (with $4000 per month spend)
Commbank points
$0 annual fee
Offer
100,000 Commbank points
$0 monthly card fee if you spend at least $4,000 in your statement period; otherwise $35 monthly fee applies
Spend $12,000 in 120 days
Craig's Take
Moderate spend — $100/day for 120 days. Average ongoing earn rate.
Read my analysis
Qantas Premier Platinum (No Qantas Points Credit Card for previous 24 months)
Qantas points
$399 annual fee
OfferNo Qantas CC 24mo
100,000 Qantas points
Reduced first year annual fee of $349, usually $399
Spend $5,000 in 90 days
$349 first year annual fee, $399 thereafter
Craig's Take
Moderate spend — $56/day for 90 days. Excellent ongoing earn rate.
Est. profit $1,251
Read my analysis Qantas Premier Platinum
Qantas points
$399 annual fee
Offer
60,000 Qantas points
Reduced first year annual fee of $349, usually $399
Spend $5,000 in 90 days
$349 first year annual fee, $399 thereafter
Craig's Take
Moderate spend — $56/day for 90 days. Excellent ongoing earn rate.
Est. profit $611
Read my analysis
Westpac Altitude Rewards Black (Reduced first year annual fee for Westpac Customers)
Westpac points
$295 annual fee
Offer
100,000 Westpac points
No annual Altitude Rewards Program fee. Reduced first year card fee of $200 (or $99 for existing Westpac customers) for Altitude Rewards Black card, reverting to $295 thereafter.
Spend $12,000 in 365 days
$99 first year annual fee, $295 thereafter
Craig's Take
Easy $33/day spend to hit the bonus. Average ongoing earn rate.
Read my analysis