January’s top 5 balance transfer credit cards revealed
Rounding up the best balance transfer offers using Finder's data-driven scoring system.
If you're starting 2025 hungover with end of year credit card debt, don't despair. A balance transfer offer could be the cure you're looking for.
Right now, the best balance transfer offers on the market let you move your unpaid card debt onto a new card and get 0% interest for up to 30 months in some cases. With a one-off balance transfer fee of 1-3%.
1. St.George Vertigo Card
The St.George Vertigo Card has a Finder Score of 9.9.
The Vertigo Cards (St.George, Bank of Melbourne and BankSA all offer the same card) are once again the top scoring balance transfer offers in January.
These cards all offer 0% for 24 months, with a low 1% balance transfer fee. And the annual fee is only $55.
2. Virgin Money Anytime Rewards Credit - Balance Transfer Offer
The Virgin Money Anytime Rewards Credit Card - Balance Transfer Offer has a Finder Score of 9.78.
The card has a similarly strong 0% balance transfer for 24 months with a 1% balance transfer fee.
The annual fee is much higher, but this card has other benefits to consider, such as the ability to earn Virgin Money reward points on your spending.
3. Virgin Australia Velocity Flyer Card - Balance Transfer Offer
The Virgin Australia Velocity Flyer Card - Balance Transfer Offer has a Finder Score of 9.77.
Another 0% balance transfer offer for 24 months with a 1% balance transfer fee and a $149 annual fee, this card lets you earn Velocity Points and comes with a $129 annual Virgin gift card to offset that annual fee.
This is a card that lets you sort your existing debt while earning points on new spending. But be aware you don't get interest-free days on new spending while you have a balance transfer.
4. Westpac Low Rate Card
The Westpac Low Rate Card has a balance transfer Finder Score of 9.72.
The card has an even longer balance transfer offer period of 26 months. But you do have to pay a higher 2% balance transfer fee.
As a low rate card, you only pay a small annual fee. It's the sort of simple card that doesn't tempt you to spend more and lets you focus on paying off that card balance.
5. ANZ Low Rate Credit Card
The ANZ Low Rate Credit Card has a Finder Score of 9.73 in the balance transfer category. This card has a really strong offer: 0% for 30 months.
But the balance transfer fee is higher, at 3% of your balance. On the flip side, there's no annual fee in the first year.
Details of these cards are correct at time of publication and subject to change.
Compare more balance transfer credit cards and get your credit card debt under control.