Explore the best cashback credit cards Australians can use in 2025. This detailed guide covers top card features, benefits, fees, and real-life stories to help you choose the right cashback credit card and maximise rewards.
Best Credit Cards for Cashback in Australia: Detailed 2025 Guide with Real User Insights
Cashback credit cards have become increasingly popular among Australians, offering a smart way to earn money back on everyday purchases. For many, cashback rewards can effectively reduce the cost of groceries, fuel, dining, and bills, making these cards a valuable financial tool. However, with a growing number of options available in 2025, finding the best cashback credit card tailored to your spending habits and lifestyle is vital to maximise your benefits while keeping fees under control.
This comprehensive guide dives deep into the best cashback credit cards available in Australia in 2025. You’ll find a breakdown of top cards, key features, fee structures, pros and cons, and practical tips for choosing the right card. Real-life Australian experiences enrich the insights, helping you make informed decisions and truly save money with your credit card.
Why Choose a Cashback Credit Card?
Cashback cards offer rewards as a percentage of your spending returned to you, typically credited as a statement credit or bank deposit. Unlike points-based rewards, cashback offers straightforward value—spend and get some money back. When used responsibly, cashback cards:
- Reduce the net cost of everyday expenses.
- Provide ongoing savings without complicated redemption processes.
- Offer introductory bonuses or promotional cashback percentages for new customers.
- Can improve credit score if managed well.
What to Consider When Choosing a Cashback Card
Before picking a card, keep these factors in mind:
- Cashback Rate: Higher cashback percentages on categories like groceries, fuel, or dining deliver better value.
- Annual Fees: Some cards charge fees that may offset cashback earned, so balance rewards with costs.
- Spending Caps: Many cards limit the cashback amount you can earn monthly or annually.
- Minimum Spend Requirements: Look for cards with achievable spend thresholds to earn bonuses.
- Interest Rates: Avoid carrying balances to prevent interest eroding your cashback value.
- Additional Benefits: Travel insurance, purchase protection, and concierge services might add value.
Top Cashback Credit Cards for Australians in 2025
1. ANZ Cashback Platinum
- Cashback Offer: Up to 2% on groceries and fuel.
- Annual Fee: $95, waived first year.
- Perks: Contactless payments, purchase protection, exclusive offers.
- Spend Cap: $2,000 cashback-eligible spend per month.
- Ideal for: Everyday shoppers focusing on groceries and fuel.
2. NAB Cashback Card
- Cashback Offer: 1.5% cashback on all purchases.
- Annual Fee: $0.
- Extras: No overseas transaction fees.
- Ideal for: Low-fee cardholders wanting simple cashback without category limits.
3. Westpac Low Rate Cashback Credit Card
- Cashback Offer: 1% on eligible purchases.
- Annual Fee: $30.
- Highlights: Low purchase interest rate, suitable for occasional balances.
- Ideal for: Balanced spenders seeking cashback and manageable fees.
4. St.George Amplify Cashback Card
- Cashback Offer: 3% on groceries and fuel, 0.5% on other spend.
- Annual Fee: $95.
- Bonus: 0% p.a. balance transfer offer for 12 months.
- Ideal for: Heavy grocery and fuel spenders.
5. Bankwest More Mastercard
- Cashback Offer: 1% on all eligible purchases.
- Annual Fee: $0.
- Additional Perks: $0 foreign transaction fees, complimentary membership benefits.
- Ideal for: Frequent travellers who want cashback without fees.
Real-Life User Experience: Emma’s Cashback Journey
Emma, a Sydney-based marketing consultant, switched to the ANZ Cashback Platinum card in early 2024. She averages $1,200 monthly on groceries and fuel. Thanks to 2% cashback categories, Emma earns roughly $24 back every month, translating to nearly $300 saved annually. “I never miss swiping my cashback card—it makes grocery runs feel like a win,” she notes. Emma uses budgeting apps to track cashback earnings and ensure she stays within eligible limits.
How to Maximise Cashback Rewards
- Use Your Cashback Card for Everyday Spending: Groceries, fuel, bills, and dining.
- Pay Your Balance in Full: Avoid interest fees that can negate cashback benefits.
- Leverage Intro Offers: Many cards offer bonus cashback on first few months’ spending.
- Track Caps and Expiry: Ensure you don’t miss cashback limits or expiration of bonuses.
- Combine with Other Reward Programs: Use loyalty programs alongside cashback cards for double rewards.
- Stay Updated: Cashback promotions may change; subscribe to updates or newsletters.
Cashback Card Pros and Cons Table
| Card | Pros | Cons |
|---|---|---|
| ANZ Cashback Platinum | High cashback categories, useful perks | Annual fee after first year |
| NAB Cashback Card | No fees, simple cashback on all spend | Lower cashback rate |
| Westpac Low Rate Cashback | Low fees, interest rate and cashback | Lower cashback rate, limited perks |
| St.George Amplify | High cashback on key categories | Higher annual fee |
| Bankwest More Mastercard | No fees, no foreign transaction fees | Cashback rate moderate |
FAQs About Cashback Credit Cards in Australia
Q: Can cashback offset annual fees?
A: Yes, if your cashback earnings exceed the fee amount, it can effectively make the card free.
Q: Do I get cashback on bills like phone and utilities?
A: Often yes, but check specific card terms as some exclude certain bill payments.
Q: How long does cashback take to appear?
A: Usually 1–2 billing cycles after the qualifying purchase.
Q: Is cashback taxed in Australia?
A: Generally, cashback rewards are not considered taxable income for personal use.
Call to Action: Choose the Best Cashback Credit Card for You
Explore these top cashback credit card options, compare features, and pick the one that fits your lifestyle and spending patterns. Use your card responsibly to enjoy rewards that reduce everyday costs and add value all year long. Share your cashback wins and tips to help other Aussies save smarter in 2025!
