*Disclaimer: Citi credit card product names have changed effective 20 Jan 2020 as following: Citi Clear Platinum is now Citi Clear; Citi Rewards Platinum is now Citi Rewards; Citi Signature is now referred to as Citi Premier; Citi Signature Qantas now known as Citi Premier Qantas. In 2019, the average Australian unpaid credit card balance is about $1,239 according to new research by ANZ and Roy Morgan and reported in multiple news outlets in January 2020. Americans spend between $1,000 and $1,500 on average on Christmas presents and expenses and Australians have generally similar habits. A $2,000 Christmas credit card debt can attract interest of up to around 24 per cent per annum on some credit cards. That $2K debt could cost more than $6K in interest if repaid at a minimum repayment level of 2.5%per month according to the InfoChoice Credit Card Repayment Calculator. Savvy credit card users compare deals, actively manage their cards and don’t let their debts balloon. If you are struggling with debts, or experiencing financial hardship because of unemployment or other cause, you can ask your credit card issuer for assistance. You can also call the National Debt Helpline on 1800 007 007. In January 2020, banks and other credit card issuers have some very attractive promotional offers for credit card users looking for zero-interest (0%) balance transfer deals. There are even some great zero-interest purchase rate credit card deals now listed on InfoChoice, Australia’s leading comparison site for credit cards. If you are searching for great zero-interest balance transfer credit card deals, InfoChoice has done all the hard work for you. InfoChoice compares credit cards (and debit cards) from Australia’s banks, credit unions and other card issuers to find the best deals every month. In January 2020, some of the top zero-interest balance transfer credit card deals in Australia, now listed on InfoChoice include the following cards. There are other cards with longer interest-free periods now listed on InfoChoice. Credit cards charging 0% on balance transfers for 26 months Citi Rewards Platinum Visa The Citi Rewards Platinum Credit Card is currently offering a 0% p.a. rate on balances transferred for 26 months with a 1.5% BT fee plus a $49 annual fee for the first year, then $149. This card has platinum benefits with up to 55 days interest-free on purchases and a link to the Citi rewards program. Bankwest Breeze Mastercard The Bankwest Breeze Mastercard charges 0% on balance transfers for 26 months. This card has a low purchase interest rate of 12.99 per cent pa, an annual fee of $79 and up to 55 days interest-free. Credit cards charging 0% on balance transfers for 15 months Virgin Velocity High Flyer Visa The Virgin Australia Velocity High Flyer Visa credit card charges 0% on balance transfers for 15 months with a purchase interest rate of 20.74 per cent pa, an annual fee of $289 and up to 44 days interest-free. NAB Low Rate Platinum Visa The Virgin Australia Velocity High Flyer Visa credit card charges 0% on balance transfers for 15 months with a low purchase interest rate of 13.99 per cent pa, an annual fee of $100 and up to 55 days interest-free. Credit cards charging 0% on balance transfers for 12 months Qantas American Express Ultimate The Qantas American Express Ultimate Card charges 0% on balance transfers for 12 months with a purchase interest rate of 20.74 per cent pa, an annual fee of $450 and up to 44 days interest-free. American Express Velocity Escape The American Express Velocity Escape Card charges 0% on balance transfers for 12 months with a purchase interest rate of 20.74 per cent pa, an annual fee of $0 and up to 55 days interest-free. Compare credit cards with great balance transfer deals from Australia’s banks and other credit card issuers at InfoChoice. The products compared in this article are chosen from a range of offers available to us and are not representative of all the products available in the market and influenced by a range of factors including interest rates, product costs and commercial and sponsorship arrangements InfoChoice compares financial products from 145 banks, credit unions and other financial institutions in Australia. InfoChoice does not compare every product in the market. Some institutions may have a commercial partnership with InfoChoice. Rates are provided by partners and taken from financial institutions websites. We believe all information to be accurate on the date published. InfoChoice strives to update and keep information as accurate as possible. The information contained on this web site is general in nature and does not take into account your personal situation. Do not interpret the listing order as an endorsement or recommendation from us. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser. If you or someone you know is in financial stress, contact the National Debt Helpline on 1800 007 007.