Best Balance Transfer Credit Cards (2026)
The longest 0% offers, ranked by interest-free period, transfer fee and revert rate. Last verified: 29/10/2026
Rates can change without notice. Last verified: 29/10/2026 (AEST). Please confirm details on the bank’s official page.
A balance transfer moves existing credit card debt onto a new card at 0% for a promotional period, so every dollar you repay goes to the balance instead of interest. The trick is matching the 0% window to how fast you can realistically clear the debt — and weighing the upfront transfer fee against the interest you’d otherwise pay.
Our Top Picks for 2026
ANZLow Rate
The longest 0% balance transfer window in our comparison, which gives you the most time to clear a balance interest-free. Anything left afterwards reverts to 13.74% p.a., and a 3% transfer fee applies up front.
Pros
- ✓ Longest 0% window (26 months)
- ✓ Reverts to 13.74%
- ✓ $58 annual fee
Cons
- ✗ 3% balance transfer fee
People First BankVisa Credit Card
Instead of 0% plus a percentage fee, People First charges a low intro rate for 6 months and a flat fee per transfer. If you can clear the balance within that window, the total cost is usually well under a 3% fee on a 0% card. The intro rate covers purchases too, and the ongoing rate afterwards is one of the lowest here.
Pros
- ✓ Flat $1.50 per transfer transfer fee
- ✓ Intro rate also covers purchases
- ✓ Low 12.95% rate afterwards
Cons
- ✗ Intro rate is low but not 0%
- ✗ Short 6-month window
- ✗ $59 annual fee
BankwestBreeze Classic Mastercard
Pairs one of the longer 0% windows with one of the lowest revert rates here. If there's any chance a balance lingers past the promo period, the lower ongoing rate softens the blow.
Pros
- ✓ 0% for 24 months
- ✓ Reverts to 12.99%
- ✓ $49 annual fee
Cons
- ✗ 3% balance transfer fee
- ✗ No rewards program
Kogan MoneyCredit Card
No annual fee and no transfer fee make this the cheapest way to shift a small balance you can clear quickly. The catch: the 0% window is only 6 months and any leftover balance reverts to the 22.74% cash advance rate, so it's strictly for fast payoffs.
Pros
- ✓ $0 annual fee and $0 BT fee
- ✓ Earns Kogan Rewards
- ✓ No cost if cleared in 6 months
Cons
- ✗ Short 6-month 0% window
- ✗ Reverts to 22.74%
- ✗ 21.99% purchase rate
Full Balance Transfer Comparison
All balance transfer cards we track, sorted by 0% period (longest first). See the full listing →
- Card
- Low Rate (Balance Transfer)
- Program
- —
- Bonus points
- —
- Annual fee
- $58
- Interest-free days
- 55 days
- Verified
- 2026-10-29
- Card
- Breeze Classic Mastercard (Balance Transfer)
- Program
- —
- Bonus points
- —
- Annual fee
- $49
- Interest-free days
- 55 days
- Verified
- 2026-09-30
- Card
- Low Rate Card (Balance Transfer)
- Program
- —
- Bonus points
- —
- Annual fee
- $84
- Interest-free days
- 55 days
- Verified
- 2026-10-29
- Card
- Credit Card
- Program
- —
- Bonus points
- —
- Annual fee
- $0
- Interest-free days
- 55 days
- Verified
- 2026-10-29
- Card
- Visa Credit Card (Balance Transfer)
- Program
- —
- Bonus points
- —
- Annual fee
- $59
- Interest-free days
- 62 days
- Verified
- 2026-10-29
| Action | |||||||
|---|---|---|---|---|---|---|---|
ANZ | Low Rate (Balance Transfer) | — | — | $58 | 55 days | 2026-10-29 | |
Bankwest | Breeze Classic Mastercard (Balance Transfer) | — | — | $49 | 55 days | 2026-09-30 | |
Westpac | Low Rate Card (Balance Transfer) | — | — | $84 | 55 days | 2026-10-29 | |
Kogan Money | Credit Card | — | — | $0 | 55 days | 2026-10-29 | |
People First Bank | Visa Credit Card (Balance Transfer) | — | — | $59 | 62 days | 2026-10-29 |
How to Choose a Balance Transfer Card
1. Match the 0% window to your payoff plan
Divide your balance by the number of months in the 0% period — that’s the monthly repayment needed to clear it interest-free. If $10,000 over 26 months ($385/month) is realistic, take the longer window. If you can clear it faster, a card with a short window and no or a flat fee may cost less overall.
2. Weigh the transfer fee against the interest saved
Most longer offers charge a one-off 2–3% fee on the transferred amount. That’s almost always cheaper than carrying the debt at 20%+, but a card with no fee or a flat fee (Kogan Money, People First) can win if you only need a few months. A higher percentage fee eats into the benefit, so check the fee, not just the rate.
3. Check the revert rate
Any balance left when the promo ends reverts to the standard rate. On most low-rate cards that’s the purchase rate, but some revert to the cash advance rate (Kogan Money: 22.74% p.a.). A low revert rate is your safety net if life gets in the way of the repayment plan.
4. Don’t spend on the card
New purchases usually accrue interest immediately, and repayments often clear the 0% balance first — so purchases sit there compounding. Use the balance transfer card for the debt only, and keep everyday spending on a separate card you pay off in full.
5. Have a plan for the end date
A 0% transfer only works if the debt is gone before the window closes. Set a fixed monthly repayment that clears it in time, and diarise the end date. Rolling the leftover into another transfer is possible but adds another fee — better to finish the job.
In-depth Reviews
- ANZ Low Rate (Balance Transfer) review — 13.74% p.a. — ANZ Low Rate (0% BT for 26 months)
- Bankwest Breeze Classic Mastercard (Balance Transfer) review — 12.99% p.a. — Bankwest Breeze Classic (0% BT for 24 months)
- Westpac Low Rate Card (Balance Transfer) review — 13.74% p.a. — Westpac Low Rate (0% BT for 20 months)
- Kogan Money Credit Card review — 21.99% p.a. — Kogan Money (0% BT for 6 months, $0 annual fee)
- People First Bank Visa Credit Card (Balance Transfer) review — 12.95% p.a. — People First Visa (2.99% BT for 6 months)
Frequently Asked Questions
What is the longest 0% balance transfer available in Australia?
Among the cards we track, the ANZ Low Rate offers the longest 0% balance transfer period at 26 months (with a 3% transfer fee), followed by the Bankwest Breeze Classic Mastercard at 24 months. Longer windows give you more time to clear the debt interest-free, but almost always carry an upfront percentage fee.
Is a balance transfer fee worth paying?
Usually yes, if the interest you'd otherwise pay is higher than the fee. A 3% fee on a $10,000 balance is $300 — far less than a year of interest at 20%+ (around $2,000). The exception is a card with no fee or a flat fee, like Kogan Money's or People First's, where the upfront cost is tiny but the low-rate window is shorter.
What happens when the 0% balance transfer period ends?
Any balance still owing reverts to the card's standard rate. That's usually the purchase rate, but on some cards, such as Kogan Money, it reverts to the much higher cash advance rate (22.74% p.a.). Aim to clear the full balance before the promo ends, and check the revert rate in the table before applying.
Can I make purchases on a balance transfer card?
You can, but you usually shouldn't. The 0% rate applies only to the transferred balance — new purchases typically accrue interest immediately, and repayments are often directed to the 0% balance first, leaving purchases racking up interest. For a transfer to work, treat the card as debt-repayment only and spend on a different card.
Does a balance transfer hurt my credit score?
Applying for any new credit card adds a hard enquiry to your credit file, which can dip your score slightly. But successfully paying down a high balance over the 0% period generally helps your credit profile over time. Avoid applying for several cards in quick succession.
Related guides
- Balance transfer explained — how 0% periods, fees and revert rates work
- Best low interest cards — for debt you’ll carry past any promo
- Best no annual fee cards — keep ongoing costs at zero
- Best credit cards — rewards, low rate and no-fee picks
Information is general in nature and may change without notice. Rates and offers verified 29/10/2026. Confirm current offers, fees and eligibility on each provider’s website before applying. This is not financial advice.