New Customer Credit Card Offers

Compare new customer credit card offers, which banks use to attract new customers. These promotions may feature waived annual fees, lower interest rates, interest-free balance transfers, or sign-up bonuses.

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Updated 23 Apr 2025   |   Rates updated regularly

Comparing of 8 new customer credit card offers

Featured
Citi Rewards 100,000 Bonus Citi Reward Points Offer

On Citi's website

Citi Rewards 100,000 Bonus Citi Reward Points Offer

Rewards program

Citi Rewards

Points per $1 spent

1 Citi Rewards Point

Sign up bonus

100,000 Citi Rewards Points

Annual fee

$199.00 p.a. ongoing

Details

  • Receive 100,000 bonus Citi reward Points after spending $5,000 on eligible purchases within the initial 3 months from approval. Terms and Conditions apply.
  • Earn 1 Citi reward point per $1 spent on eligible transactions.
  • Comes with complimentary mobile phone insurance. See Terms and Conditions here.

This product is provided by National Australia Bank Limited, using certain trademarks under license from Citigroup Inc.

Pros & cons

Pros
  • Get 100,000 bonus points when you meet the criteria. That's $400 when you pay with points!
  • Use your Citi Reward Points for a credit back on almost any purchase.
  • Get up to 15% off Limited Time Lux Exclusive hotel offers (up to $250 per booking) booked by 1 March 2026.
  • Save on your next getaway with 10% off selected hotels on Expedia or Wotif. Book by 31 January 2026 and complete your stay by 30 June 2026.
  • Get $10 cashback every month until 31 October 2025 when you sign up for a Binge Standard (normally $19 per month) or Premium (normally $22 per month) monthly subscription.
  • 5% discount on international flights with Trip.com with no blackout dates. Book by 31 December 2025 for travel by 30 September 2026.
  • Provides Purchase Protection Insurance and Extended Warranty Insurance for added security on your eligible purchases.
  • Get a maximum credit limit of up to $100,000, providing flexibility for larger expenses.
  • Supports Apple Pay, Google Pay and Samsung Pay.
Cons
  • No ongoing introductory balance transfer or purchase offer.
  • Rewards earning is capped at $10,000 in spending per statement period, which works well for moderate spending habits.
  • Each additional card costs $90 annually, with a limit of up to four cardholders.
Citi Rewards Card Balance Transfer and Purchase Offer

On Citi's website

Citi Rewards Card Balance Transfer and Purchase Offer

Rewards program

Citi Rewards

Points per $1 spent

1 Citi Rewards Point

Sign up bonus

N/A

Annual fee

$199.00 p.a. ongoing

Details

  • 0% p.a. for 15 months on purchases and balance transfers. Balance transfer reverts to cash advance rate after the promotional period.
  • Earn 1 Citi reward point per $1 spent on eligible transactions.
  • Use your Citi Reward Points for a credit back on almost any purchase.
  • Complimentary mobile phone insurance when you pay your monthly mobile plan bill with your Citi Rewards Credit Card. See Terms and Conditions here.

This product is provided by National Australia Bank Limited, using certain trademarks under license from Citigroup Inc.

Pros & cons

Pros
  • 0% p.a. on balance transfers and purchases for the first 15 months.
  • Get up to 15% off Limited Time Lux Exclusive hotel offers (up to $250 per booking) booked by 1 March 2026.
  • Save on your next getaway with 10% off selected hotels on Expedia or Wotif. Book by 31 January 2026 and complete your stay by 30 June 2026.
  • Get $10 cashback every month until 31 October 2025 when you sign up for a Binge Standard (normally $19 per month) or Premium (normally $22 per month) monthly subscription.
  • 5% discount on international flights with Trip.com with no blackout dates. Book by 31 December 2025 for travel by 30 September 2026.
  • Provides Purchase Protection Insurance and Extended Warranty Insurance for added security on your eligible purchases.
  • Get a maximum credit limit of up to $100,000, providing flexibility for larger expenses.
  • Supports Apple Pay, Google Pay, and Samsung Pay.
Cons
  • There is a 2% BT fee.
  • Rewards earning is capped at $10,000 in spending per statement period, which works well for moderate spending habits.
  • Each additional card costs $90 annually, with a limit of up to four cardholders.
Citi Clear Credit Card

On Citi's website

Citi Clear Credit Card

2.8

Rewards program

N/A

Points per $1 spent

N/A

Sign up bonus

N/A

Annual fee

$149.00 p.a. ongoing

Details

  • 0% p.a. for 20 months on Balance Transfers with a 2% fee. Reverts to 22.24% p.a after the promotional period.
  • Has a low ongoing purchase rate, making it more affordable for everyday spending.
  • Includes complimentary insurance including Extended Warranty Insurance and Purchase Protection Insurance. See Terms and Conditions here.

This product is provided by National Australia Bank Limited, using certain trademarks under license from Citigroup Inc.

Pros & cons

Pros
  • Long interest-free balance transfer period (20 months).
  • Pay your Monthly Mobile Plan bill with your Citi Clear Credit Card and you'll be covered for Accidental Damage and Theft.
  • Add up to 4 cardholders for free, making it a great option for most families.
  • My Cashback offers are personalised and require no opt-in or registration.
  • Get up to 15% off Limited Time Lux Exclusive hotel offers (up to $250 per booking) booked by 1 March 2026.
  • Save on your next getaway with 10% off selected hotels on Expedia or Wotif. Book by 31 January 2026 and complete your stay by 30 June 2026.
  • Get $10 cashback every month until 31 October 2025 when you sign up for a Binge Standard (normally $19 per month) or Premium (normally $22 per month) monthly subscription.
  • 5% discount on international flights with Trip.com with no blackout dates. Book by 31 December 2025 for travel by 30 September 2026.
  • Get a credit limit ranging from a minimum of $2,000 to a maximum of $100,000.
  • Works with Apple Pay, Google Pay, and Samsung Pay.
Cons
  • No rewards program, but this card is about simplicity.
  • High revert rate on balance transfers (22.24% p.a.) after the promotional period.
  • Purchases have no interest-free days while there's a balance transfer.
Virgin Money Anytime Rewards Credit Card (Virgin Money Points Offer)

On Virgin Money's website

Virgin Money Anytime Rewards Credit Card (Virgin Money Points Offer)

Rewards program

Virgin Money Rewards

Points per $1 spent

1 Virgin Money Point

Sign up bonus

80,000 Virgin Money Points

Annual fee

$149.00 p.a. ongoing

Details

  • Earn 80,000 bonus Virgin Money Points when you spend $3,000 on eligible purchases within 3 months of card approval. Terms and conditions apply.
  • Earn 1 Virgin Money Point for every $1 you spend.
  • You can also earn additional points when you spend at HelloFresh, Menulog and more.
  • There is no limit to the points you can earn.

Pros & cons

Pros
  • Earn 80,000 bonus Virgin Money Points when you meet the criteria.
  • Redeem points for cashback, gift cards, Velocity Frequent Flyer transfers, partner hotel stays, or to pay off purchases.
  • Visa Platinum Concierge Service offers the convenience of a personal assistant at your fingertips
  • Visa Platinum Benefits give you priority access to Australia’s top concerts, shows, and sports events before pre-sales and public release.
  • Up to 55 interest-free days.
  • The credit limit starts at $6,000.
  • Compatible with Apple Pay, Google Pay, and Samsung Pay.
Cons
  • The ongoing annual fee of $149 p.a.
  • Does not include complimentary international travel insurance.
  • Cash advance rate is 20.99% p.a.
Virgin Australia Velocity High Flyer Credit Card

On Virgin Money's website

Virgin Australia Velocity High Flyer Credit Card

4.6

Rewards program

Velocity Frequent Flyer

Points per $1 spent

1 Velocity Point

Sign up bonus

80,000 Velocity Points

Annual fee

$329.00 p.a. ongoing

Details

  • Earn up to 80,000 bonus Velocity Points. Get 40,000 points each month by spending $3,500 or more on eligible purchases within the first 2 months of card approval. Terms and conditions apply.
  • Receive a $129 Virgin Australia Gift Voucher every year, giving you savings on flights and making travel more affordable.
  • Comes with International and Domestic Travel Insurance, plus an Extended Warranty Service, providing peace of mind and protection for your purchases and travels.

Pros & cons

Pros
  • Earn up to 80,000 bonus Velocity Points when you meet the criteria.
  • Earn 1 Velocity Point per $1 spent on eligible transactions up to $8,000 and 0.5 points per $1 on spending thereafter.
  • Two single entry passes for Virgin Australia domestic lounges every year.
  • Earn 100 Bonus Status Credits each year when you book a Virgin Australia flight.
  • Talk to a personal concierge with Visa Signature, making it easier to get expert assistance when you travel.
  • Get a credit limit of up to $100,000 for larger purchases and expenses.
  • Includes Domestic Rental Vehicle Excess Insurance.
  • Works with Apple Pay, Google Play, and Samsung Pay.
Cons
  • The ongoing annual fee of $329 p.a.
  • Earn rate is tiered, although the base tier is enough for more people.
  • Only up to 44 interest-free days on purchases.
  • There's an annual fee per additional card worth $89 p.a.
Virgin Money Anytime Rewards Credit Card (Balance Transfer Offer)

On Virgin Money's website

Virgin Money Anytime Rewards Credit Card (Balance Transfer Offer)

Rewards program

Virgin Money Rewards

Points per $1 spent

1 Virgin Money Point

Sign up bonus

N/A

Annual fee

$149.00 p.a. ongoing

Details

  • 0% p.a. interest for 24 months on balance transfers (1% transfer fee applies). Reverts to cash advance rate of 20.99% p.a.
  • Earn 1 Virgin Money Point for every $1 you spend.
  • There is no limit to the points you can earn.

Pros & cons

Pros
  • You can also earn additional points when you spend at HelloFresh, Menulog and more.
  • Redeem points for cashback, gift cards, Velocity Frequent Flyer transfers, partner hotel stays, or to pay off purchases.
  • Visa Platinum Concierge Service offers the convenience of a personal assistant at your fingertips
  • Visa Platinum Benefits give you priority access to Australia’s top concerts, shows, and sports events before pre-sales and public release.
  • Up to 55 interest-free days.
  • The credit limit starts at $6,000.
  • Compatible with Apple Pay, Google Pay, and Samsung Pay.
Cons
  • There is a 1% BT fee.
  • The ongoing annual fee of $149 p.a.
  • Does not include complimentary international travel insurance.
  • Cash advance rate is 20.99% p.a.
Virgin Australia Velocity Flyer Credit Card (Balance Transfer Offer)

On Virgin Money's website

Virgin Australia Velocity Flyer Credit Card (Balance Transfer Offer)

3.1

Rewards program

Velocity Frequent Flyer

Points per $1 spent

0.66 Velocity Points

Sign up bonus

N/A

Annual fee

$149.00 p.a. ongoing

Details

  • 0% p.a. for 24 months on balance transfers with a 1% balance transfer fee. Reverts to the cash advance rate at 20.99% p.a.
  • Earn 0.66 Velocity Points per $1 on eligible spending up to $1,500 per statement period, then 0.5 points per $1 after that.
  • Earn an extra Velocity Point for every dollar spent directly with Virgin Australia using your Flyer Credit Card.

Pros & cons

Pros
  • Receive a $129 Virgin Australia Gift Voucher every year, giving you savings on flights and making travel more affordable.
  • Redeem points for cashback, gift cards, Velocity Frequent Flyer transfers, partner hotel stays, or to pay off purchases.
  • Includes Purchase Protection and Extended Warranty Insurance.
  • Comes with security features such as Fraudshield, Zero Liability policy and more.
  • Compatible with Apple Pay, Google Pay and Samsung Pay.
Cons
  • The ongoing annual fee of $149 p.a.
  • The earn rate drops to 0.5 points per $1 after $1,500 in a statement period.
Virgin Australia Velocity Flyer Credit Card (Velocity Points Offer)

On Virgin Money's website

Virgin Australia Velocity Flyer Credit Card (Velocity Points Offer)

4.4

Rewards program

Velocity Frequent Flyer

Points per $1 spent

0.66 Velocity Points

Sign up bonus

50,000 Velocity Points

Annual fee

$149.00 p.a. ongoing

Details

  • Earn up to 50,000 bonus Velocity Points when you spend $1,500 each month for the first 2 months. Terms and Conditions apply.
  • 0% p.a. interest for 12 months on balance transfers (2% transfer fee applies). Reverts to cash advance rate of 20.99% p.a
  • Earn 0.66 Velocity Points per $1 on eligible spending up to $1,500 per statement period, then 0.5 points per $1 after that.
  • Earn an extra Velocity Point for every dollar spent directly with Virgin Australia using your Flyer Credit Card.

Pros & cons

Pros
  • Receive a $129 Virgin Australia Gift Voucher every year, giving you savings on flights and making travel more affordable.
  • Redeem points for cashback, gift cards, Velocity Frequent Flyer transfers, partner hotel stays, or to pay off purchases.
  • Includes Purchase Protection and Extended Warranty Insurance.
  • Comes with security features such as Fraudshield, Zero Liability policy and more.
  • Access a Personal Concierge service to help with travel bookings, gift ideas, reservations, and more.
  • Compatible with Apple Pay, Google Pay and Samsung Pay.
Cons
  • The ongoing annual fee of $149 p.a.
  • The earn rate drops to 0.5 points per $1 after $1,500 in a statement period.

New customer credit card offers are special promotions and incentives provided by banks and financial institutions to attract new clients. These offers may include waived annual fees, lower interest rates, higher rewards, or an interest-free balance transfer.

Understanding these offers, their terms and conditions, and how to choose the right card for you is important before signing up for a credit card.

New customers vs existing customer credit card offers

New customer credit card offers may include waived annual fees, lower interest rates, higher rewards, or interest-free balance transfers. Most banks do not make these introductory offers available to their existing customers.

Common terms, conditions and limitations to be aware of

When considering a new customer credit card offer, it is important to understand the terms, conditions, and limitations. These may include time limits on the offer, such as a promotional interest rate or waived annual fee, minimum spending criteria or balance transfer limits, credit score or income requirements, and restrictions on the type of account or card.

Help choosing a credit card with offers for a new customer

Unlock exclusive perks as a new customer - find the perfect credit card with tailored offers to kickstart your financial journey.

  • FAQs

  • Pros & cons

Why do banks limit some credit card offers to new customers only?

Banks provide these promotions and incentives to attract new customers and expand their customer base.

Which banks offer credit cards for new customers only?

Many banks and financial institutions in Australia offer credit cards specifically for new customers. Check the bank's website or speak with a representative to see if they have credit card promotions for new customers

What happens if an existing customer applies for a credit card for new customers?

Existing customers may not be eligible for new customer credit card offers and may be subject to different terms and conditions. It's advisable to speak with a bank or financial institution representative to see if you qualify for the offer or to explore other options.

Pros

Waived annual fees

New customer credit card offers may include waived annual fees, saving you money in the long run.

Lower interest rates on purchases

Some new customer credit card offers may include lower interest rates, making managing your finances easier.

Move debt to a lower interest rate

When used properly, a balance transfer introductory offer can cut your monthly expenses significantly and help you get out of debt.

Higher rewards

It's common for banks to attract new customers with hefty sign-up bonuses.

Cashback

Some new customer credit card offers may include higher rewards or cashback, providing additional benefits for using the card.

Cons

Limited time

Many new customer credit card offers have a limited time frame, after which the offer may expire.

Minimum spending requirements

A spending target may be specified, often within a limited period.

Balance transfer limits

Most banks only allow a certain percentage of the available credit to be used for a balance transfer.

Minimum requirements for credit score or income

Some new customer credit card offers may have credit score or income requirements that you must meet to qualify.

    As seen on

    Media - The Sydney Morning Herald
    Media - Yahoo Finance
    Media - News.com.au
    Media - Daily Mail Australia
    Media - Australian Fintech
    Media - Dynamic Business