0% Purchase Credit Cards

Compare interest-free credit cards offering 0% interest on new purchases for 6-12 months or more to find the best option.

By   |   Updated 10 Apr 2024

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Comparing credit cards with 0% p.a. on purchases

Bankwest Breeze Mastercard

On website


  • Benefit from 0% p.a. interest on balance transfers for 12 months (with a 2% BT fee, then 12.99% p.a.).
  • 0% p.a. for 12 months on purchases (returning to 12.99% p.a.).
  • Enjoy up to 55 interest-free days on purchases.
  • Exclusive offer for new customers for a limited time. Additional charges, as well as terms and conditions, apply.


  • 0% p.a. on balance transfers for 12 months.
  • 0% p.a. for 12 months on purchases.
  • Up to 55 interest-free days on purchases.


  • There are no rewards on this card.
  • There is a 2% BT fee.
Bankwest Breeze Platinum Mastercard

On website


  • Experience 0% p.a. interest on balance transfers for 12 months (with a 2% BT fee, then 12.99% p.a.).
  • 0% p.a. for 12 months on purchases (reverting to 12.99% p.a.).
  • Benefit from up to 55 interest-free days.
  • Offer exclusively for new customers within a specified period. Additional charges, along with terms and conditions, apply.


  • 0% p.a. on balance transfers for 12 months.
  • 0% p.a. for 12 months on purchases.
  • No foreign transaction fees.


  • There is no rewards program on this card.
  • There is a 2% BT fee.
NAB StraightUp Credit Card

On website


  • Obtain the latest credit card from NAB - straightforward, affordable, and above all, interest-free!
  • No Use, No Pay. Should your NAB StraightUp credit card remain unused throughout the entire statement period, the monthly fee will be reimbursed. No unexpected charges!
  • Utilize your card for foreign currency transactions and relish in zero foreign transaction fees!
  • Consistent fixed minimum payments determined by your credit limit, providing you with assurance of monthly payment amounts.


  • Charges a monthly fee based on your selected credit limit.
  • The monthly fee will be reversed if you do not have any outstanding balance or purchase.
  • No interest charges or other fees, including foreign currency fees and late payment fees.


  • No rewards program for this card.
  • No balance transfers or cash advances.
Citi Clear Credit Card

On website

Citi Clear Credit Card


  • Benefit from 0% p.a. for 6 months on purchases (reverting to 14.99% p.a. post-promotion).
  • Initial year incurs no annual fee, then $99 annually.
  • Add up to 4 supplementary cardholders at zero additional expense.


  • Low ongoing variable purchase rate of 14.99% p.a.
  • Includes complimentary insurance.
  • Up to 55 days interest-free on retail purchases.
  • Enjoy cashback offers each month via My Cashback.


  • There is no rewards program on this card.
Coles No Annual Fee Mastercard

On website

Apply by 30 June 2024

Coles No Annual Fee Mastercard


  • Experience 0% p.a. interest on purchases for 6 months. Applicable to Retail Purchases (excluding Cash Advances). Reverts to standard purchase rate thereafter.
  • No annual fee, guaranteed.
  • Earn 1 Flybuys point per $2 spent on qualifying purchases.


  • 0% p.a. on purchases for 6 months.
  • No annual fee ever.
  • Complimentary access to your 24/7 local concierge.


  • Transactions made in a foreign currency incur a fee.
CommBank Neo

On website


  • Zero interest, zero late fees.
  • Three credit limit options: $1,000, $2,000, or $3,000.
  • Monthly fee remains straightforward: $12, $18, or $22, corresponding to your chosen credit limit.


  • No interest, no late fees.
  • No foreign exchange or additional cardholder fees.
  • Cashback benefits for eligible cardholders.


  • No Awards points for this card.
  • Low credit limits.
  • No balance transfers.
Westpac Flex Card

On website


  • 0% interest and $0 late payment fee.
  • $10 monthly fee, or no outstanding balance, $0 fee.
  • Access to Westpac Extras and Rewards.


  • No interest charges.
  • Pay no monthly fee if you do not have any outstanding balance.
  • Choose to repay monthly or twice a month, plus pay back more at any time.
  • No late payment fees.


  • Low credit limit.
  • No balance transfers or cash advances.
  • Lacks the ability to earn rewards.

0% purchase credit cards offer a specified period during which you will not be charged any interest on your purchases, provided you meet the minimum payment requirements. This 0% interest period usually ranges from a few months to over a year.

If you are planning to make significant purchases, this type of card can be particularly advantageous since they allow you to spread the cost of your spending without the added burden of interest charges. However, it's important to plan ahead for how you'll pay off the balance before the interest-free period ends to avoid high standard interest rates.

"When used correctly, introductory 0% purchase rates can save money in the short-term on credit card interest for eligible purchases. Weigh up how long the interest-free period lasts, and don't forget to consider what the rate reverts to when the introductory period ends."
David Boyd
CEO at Credit Card Compare

How 0% purchase credit cards work

When you use a 0% purchase credit card for your transactions, the card issuer will not charge interest on the purchases you make within the promotional 0% period. During that time, it is essential to make at least the minimum repayment amount each month.

Watch closely and clear the balance before the end of the promotional period to avoid accruing substantial interest charges. After the promotional period expires, any remaining balance will be subject to the card's standard variable interest rate.

What to know before applying for a 0% purchase credit card

  • Promotional period length: Consider the duration of the 0% interest period and ensure it aligns with your repayment timeframe.
  • Interest rates: Be aware of the standard variable interest rate that applies or reverts back to at the end of the promotional period.
  • Minimum repayment: Ensure you meet the minimum repayment requirements every month during this time to avoid penalties.
  • Annual fees: Check for any annual fees associated with the credit card.
  • Eligibility criteria: Understand the eligibility requirements and any additional perks or rewards offered.

How to benefit the most from 0% purchase credit cards

  • Set a repayment plan: Plan your repayments in such a way to clear the balance before the end of the promotional period. This helps you avoid high-interest charges.
  • Avoid additional purchases: Focus on clearing the existing balance rather than making new purchases to maximise the interest-free period.
  • Monitor your spending: Keep track of your purchases and payments to stay within your budget and avoid unnecessary expenses.
  • Utilise budgeting tools: Use budgeting apps or tools to track your spending and manage your finances effectively.

Methodology for our 0% purchase credit card comparison

We considered the following attributes and associated metadata when ranking our comparison of credit cards with a 0% purchase introductory offer.

  • Annual fee initial year: The card's annual fee in the first year. The lower it is, the better.
  • Annual fee ongoing: The annual fee charged each year after the first year. Lower is better.
  • Apple Pay enabled: Whether the card can be added to Apple Pay for contactless payments. Being able to is considered beneficial.
  • Balance transfer offer: If an introductory balance transfer offer is available, what the interest rate is, how long the introductory offer lasts, and what the balance transfer fee is (if there is one). A lower rate for longer is considered better.
  • Balance transfer from personal loan: If balances from personal loans can be transferred to the card in addition to regular credit card balance transfers. Being able to do so provides more flexibility.
  • Balance transfer limit: The maximum amount that can be transferred to the card. Higher is better.
  • Card type: Whether the card is an American Express, Mastercard, Visa, etc. since this can affect acceptance.
  • Foreign exchange fee: Surcharges converted currency transactions attract when made overseas or while shopping online from an overseas store. The lower the better.
  • Interest-free period: How many interest-free days are on offer from statement close, if the balance is paid in full. More is better.
  • Introductory purchase rate: The interest rate on purchases for a set period and how long it lasts before reverting to the ongoing rate on purchases.
  • Late payment fee: How much will be charged if the minimum repayment is not made by the due date each month. Lower the late payment fee, the better it is.
  • Maximum credit limit: How much credit can be extended on the card.
  • Minimum credit limit: Lowest credit limit amount that may be offered, even to applicants with excellent scores.
  • Minimum income required: How much income is required to be eligible. A lower amount makes the card accessible to people with relatively low monthly incomes.
  • Purchase rate ongoing: The interest rate charged on purchases after any introductory offer period ends. Lower is better.
  • Rewards program: Whether the card earns points, cashback, etc. and details around the linked rewards program, redemption options, etc.
  • Samsung Pay enabled: If the card can be added to Samsung Pay digital wallet for contactless payments. Being able to is considered beneficial.
  • Sign-up bonus: Whether the card offers a welcome bonus of points, cashback, etc. and the minimum criteria to trigger it.

Our rankings may not reflect what matters most to you. Be sure to compare key rates, fees, and features against your own financial priorities before deciding.

Help choosing a 0% purchase credit card

Find out how 0% introductory offers work and how to maximise their benefits.

  • FAQs

  • Pros & cons

  • Alternatives

What happens when the period of 0% interest on purchases ends?

Once the interest free period ends, interest begins to accrue on any remaining balance according to the card’s standard purchase rate. Make sure you know this rate before you apply for the card. To avoid paying huge interest amounts, try to pay off your outstanding balances before the zero interest period ends. If that seems impossible, try to reduce your outstanding balance as much as possible.

Can you use 0% purchase credit cards for balance transfers?

While 0% purchase credit cards primarily focus on interest-free purchases, some cards may allow balance transfers with promotional 0% interest rates for a specified period.

What happens if you don't clear the balance before the end of the promotional period?

If you fail to clear the balance before the end of the interest free promotional period on a 0% purchase credit card, your remaining balance will start accruing interest at the card's standard variable rate. You may end up getting slapped with a substantial interest charge, depending on your remaining balance. This can have a negative effect on your overall financial situation.

This is a good reason why you should also compare the standard variable rates of credit cards when comparing 0% purchase credit cards.

Is it possible to switch from a 0% purchase credit card to a new card after the promotional period ends?

If you wish to switch to a new credit card after the promotional period on your 0% purchase credit card ends, you can explore balance transfer options or consider applying for a new card with another promotional offer. It's crucial to compare different cards and their terms to make an informed decision.

Some issuers limit the 0% purchase credit card offers to new customers and existing customers are not eligible.

Are 0% purchase credit cards suitable for everyday expenses?

While 0% purchase credit cards can be used for everyday expenses, they are more appropriate for planned high value purchases and expenses. Where balance transfers are also on offer, they are a great tool for earning a respite on high interest in order to focus on paying off or reducing card debt.

If you plan to use a 0% purchase credit card for everyday expenses, make sure you know when the zero interest period ends, and to what standard interest rate it will revert to, for future purchases and ongoing outstanding balances. Being aware and monitoring your spending habits along with effective budgeting can help you make the most of your credit card.

If you only need a card for everyday purchases, choose cards that offer lower standard rates of interest and come with special offers from your favourite merchants and include cash backs and gift vouchers.

What are the risks associated with using 0% purchase credit cards?

Some risks of using 0% purchase credit cards include:

  • Failing to pay off the balance in full before the end of the interest free promotional period
  • Having to pay high-interest charges once interest rate reverts to standard purchase rate
  • Negative impact on your credit score through missed payments
  • Irresponsible card use can result in accumulating huge credit card debt

Before taking on any new credit card offers, it is important to understand these risks so you can manage your card usage with care.


Purchasing power

Provided you have a repayment plan in place, a card with an introductory interest-free offer can be used strategically to spread the cost of a large purchase over time.

Financial flexibility

The introductory period offers an interest-free window, allowing you to allocate funds to repaying the balance and freeing up cash that would otherwise go to interest.

Rewards and benefits

Apart from the obvious benefit of saving interest during the introductory period, it's not unusual for these cards come with additional perks such as earning rewards or travel benefits.


Potential to overspend

Not having to pay interest for the introductory period can encourage spending, leading to a debt that might be challenging to repay once the introductory offer ends.

Reliance on interest-free debt

Relying on the interest-free feature can potentially foster an unhealthy relationship with debt, such as habitual borrowing without the immediate capacity to repay, affecting long-term financial wellness.

Personal loan

Fixed-term loans with a set interest rate, useful for larger purchases or consolidating debt.

Buy Now, Pay Later

Services like Afterpay or Zip Pay allow for installment payments, often interest-free for short terms.