Slowly the interest free balance transfer credit card market is heating up, with both Bank West and ANZ increasing their longest period to 9 months, and the fact that you can get the Bank West credit card with no annual fee as well is awesome!

It's obvious that there's more and more competition in the banking sector and this is great for us the consumer, however I'm still hopeful that they'll increase the interest free balance transfer to 12 months or even 2 years this would be very helpful for many to consolidate their credit card debt and get rid of it without paying massive amounts of interest!

Keep an eye on here: Credit cards with interest free balance transfers, comparing cheapest 0% transfer cards. to find out the best 0% interest for credit card debt balance transfers and maybe one day we'll have a no annual fee 1 year interest free period on a credit card in Australia.