If you love the idea of getting rewarded for your everyday spending, cashback credit cards are a smart and flexible way to do it. In 2025, Australian banks are offering generous cashback deals, higher rates, and enticing sign-up bonuses to help you save while you spend.
In this article, we’ll take a closer look at the top 5 cashback credit cards in Australia for 2025, answer some common questions, and help you find the one that best suits your lifestyle.
What Is a Cashback Credit Card?
A cashback credit card is a type of rewards card that returns a percentage of your purchases as cash. Unlike rewards or frequent flyer cards that offer points or miles, cashback cards put money directly back in your pocket — typically applied as a statement credit or to your card account.
Why Choose a Cashback Credit Card in 2025?
With the rising cost of living in Australia, cashback cards have become increasingly popular. They’re simple to use, easy to understand, and offer immediate value without the hassle of converting points or tracking complicated rewards programs.
In 2025, banks are stepping up their game with higher cashback rates, generous introductory offers, and no annual fee options — making it a perfect time to jump in.
Top 5 Cashback Credit Cards in Australia 2025
Here’s a quick comparison before we dive deeper:
| Credit Card | Cashback Rate | Annual Fee | Introductory Offer | Bonus Features |
|---|---|---|---|---|
| American Express Cashback Credit Card | Up to 2% on eligible purchases | $0 | $200 cashback when you spend $3,000 in the first 3 months | No annual fee ever |
| Westpac Low Rate Card | 1% on eligible spend | $59 | $100 cashback when you spend $1,000 in the first 60 days | Low-interest rate |
| Citi Cashback Card | 1.5% on groceries & fuel | $99 | $250 cashback on $3,500 spend in 90 days | Complimentary purchase insurance |
| ANZ Cashback Platinum | 2% on dining & entertainment | $149 | $300 cashback when you spend $4,000 in 3 months | Travel perks & insurance |
| NAB StraightUp Card | Up to 1% cashback | $0 – $240 (based on credit limit) | No annual fee at lower credit limits | No interest charges |
1️⃣ American Express Cashback Credit Card
The American Express Cashback Credit Card continues to lead the market in 2025 with its unbeatable combination of generous cashback rates and zero annual fees. You’ll earn up to 2% cashback on eligible purchases, making it a smart choice for everyday spenders who want maximum value without extra costs.
The card also offers a $200 cashback welcome bonus when you spend $3,000 within the first three months — a great incentive for new cardholders. Another standout feature is that this card comes with no annual fee for life, making it perfect for budget-conscious Aussies.
If you’re someone who loves dining out, shopping online, or paying for everyday essentials with your card, this is a fantastic option to consider.
2️⃣ Westpac Low Rate Card
The Westpac Low Rate Card is perfect for those who prefer a straightforward card with a low-interest rate and a reliable cashback program. You’ll earn 1% cashback on eligible spending, and new cardholders can score a $100 cashback bonus when spending $1,000 within the first 60 days.
One of the key benefits of this card is its low-interest rate on purchases, making it ideal for those who occasionally carry a balance. With an affordable $59 annual fee, it’s a practical and value-packed card for everyday use.
If you’re looking for a mix of cashback and a lower interest option for emergencies or occasional larger purchases, the Westpac Low Rate Card is worth a look.
3️⃣ Citi Cashback Card
Designed for people who regularly spend on groceries and fuel, the Citi Cashback Card offers 1.5% cashback on those categories, helping you save on life’s essentials. On top of that, new cardholders can enjoy a $250 cashback bonus when spending $3,500 within the first 90 days.
The card charges a $99 annual fee, but it’s easily offset by the cashback you’ll earn, especially if you spend heavily on food and fuel. Plus, it comes with added extras like complimentary purchase insurance, giving you peace of mind when shopping.
If groceries and petrol are your biggest monthly expenses, this card can help you cut costs while enjoying solid everyday rewards.
4️⃣ ANZ Cashback Platinum
If you love dining out and live for entertainment, the ANZ Cashback Platinum Credit Card is tailor-made for you. It offers an impressive 2% cashback on dining and entertainment purchases, helping you save while you enjoy nights out and weekends away.
New customers can score a $300 cashback bonus by spending $4,000 within the first three months — one of the highest sign-up bonuses available in 2025. Though it comes with a $149 annual fee, the generous cashback rates and added perks like travel insurance and purchase protection easily justify the cost for frequent spenders.
If you want premium features and big cashback returns on your social life, this is one of the top picks this year.
5️⃣ NAB StraightUp Card
The NAB StraightUp Card is a refreshingly simple cashback option that does away with interest charges altogether. Instead, it charges a monthly fee based on your credit limit (ranging from $0 to $240 annually) and offers up to 1% cashback on eligible purchases.
There’s no annual fee at lower credit limits and no surprise interest costs, making it a fantastic choice for those who want predictable monthly expenses and uncomplicated rewards. It’s particularly well-suited to younger cardholders or those new to credit cards.
If you value simplicity, transparency, and control over your spending, the NAB StraightUp Card is a solid and safe cashback choice.
Quick Recap: Top 5 Cashback Credit Cards 2025
- Best Overall: American Express Cashback Credit Card
- Best for Dining & Entertainment: ANZ Cashback Platinum
- Best for Everyday Essentials: Citi Cashback Card
- Best No Fee Option: NAB StraightUp Card
- Best Low Rate Card: Westpac Low Rate Card
Final Thoughts: Which Cashback Credit Card Is Right for You?
With so many excellent options available in 2025, choosing the right cashback credit card comes down to your personal spending habits and preferences. Whether you want the highest cashback rates, big sign-up bonuses, no annual fees, or low-interest options, there’s a card on this list that’ll suit your lifestyle.
Take a moment to compare the offers, consider where you spend most, and pick a card that’ll reward you while helping you manage your finances more effectively this year.
