Best Credit Cards in Australia 2026: Our Ranked Top 10

Australia's best cards are defined by what happens after the caps and fees — a 1-point-per-dollar headline means little if it stops at A$3,000 a month. We ordered this list for a household spending A$4,000 a month, half of it on a card, flying domestically twice a year. The full Australia ranking splits categories out.

The top 10

1. American Express Qantas Ultimate — 1.25 Qantas Points per dollar uncapped, A$450 Qantas travel credit, lounge access. The fee disappears for anyone who flies Qantas once a year.
2. Bankwest Zero Platinum — no annual fee, no international transaction fees, travel insurance. The best free card in the country.
3. ANZ Frequent Flyer Black — 1 point per dollar to A$7,500 a statement, two Qantas Club invitations. The Visa for heavy Qantas spenders.
4. NAB Low Rate — 13.49% p.a. and long 0% balance transfers. Ranks fourth overall and first for anyone who carries a balance.
5. NAB Qantas Rewards Signature — Qantas Points on a mainstream bank card with a lower fee than the premium tier.
6. Westpac Altitude Platinum — flexible points to Qantas, Velocity or KrisFlyer; a good mid-tier fee.
7. CommBank Awards — points with fee waivers for CommBank customers who spend enough.
8. Latitude 28° Global Platinum — no international fees, no overseas ATM fees, Flight Delay Pass, no annual fee if you pay in full.
9. CommBank Neo — a fixed monthly fee instead of interest; simple and honest for small limits.
10. ING Orange One Rewards Platinum — 1% cashback and a 12.99% rate for ING customers.

What moves a card up or down this list

Points caps, whether the fee is waived or refunded, international transaction fees (3% on most, 0% on the best), the purchase rate for anyone who carries a balance, and responsible-lending limits that can cut the credit line you are offered.