Credit card news and advice

Credit cards are staging a come-back in 2021, with a wave of fresh new card offers hitting the market that at first glance seem almost too generous to be true. But there’s a bigger story driving this wave of apparent generosity, and it’s one that cardholders are set to benefit from.

What most of us are after as consumers is convenience. Convenience of price, access and use. In other words, if someone is selling a product that's easy to get, use and comes at a good price, chances are we'll buy.

While credit card spend dropped 14% in July, things are looking up as August saw a 4% recovery on the previous month.

When it comes to a credit card, hefty interest rates and annual fees might spring to mind. And while it’s true that some cards do have high interest rates and fees attached to them, it may be because they come with a bunch of bonus features. Credit card providers include these benefits in their products to help customers save on things like interest and travel insurance, or offer up protections on purchases for a more secure shopping experience. While bonus features can sound fun, it is worth considering if you’ll actually take advantage of them. In other words, is the cost of the card (such as the interest rate and fees) worth its benefits?So what are some of these credit card bonus features? Read on and find out … 

Online shopping jumped 65% in 2020, but Australians also lost $418.9 million to card not present (CNP) cybercrime during the period.

Credit cards are staging a come-back in 2021, with a wave of fresh new card offers hitting the market that at first glance seem almost too generous to be true. But there’s a bigger story driving this wave of apparent generosity, and it’s one that cardholders are set to benefit from.

Credit cards are staging a come-back in 2021, with a wave of fresh new card offers hitting the market that at first glance seem almost too generous to be true. But there’s a bigger story driving this wave of apparent generosity, and it’s one that cardholders are set to benefit from.

Getting rewarded for your spending is the key to a killer rewards credit card deal, and that’s why many Aussies are turning their attention to cashback offers. And what’s an example of a hot cashback offer available right now? The Kogan Money Black Credit Card, where customers could score up to $400 credit to spend at Kogan.com.“For customers looking for a credit card cashback deal, and who love to shop online, an offer like Kogan’s Black credit card is worth considering,” Mozo spokesperson, Tom Godfrey said. “Whether it’s on home loans or credit cards, we’re seeing a boom in cashback offers at the moment. So if you’re tempted by the prospect of getting some quick cash on your credit card, considering an offer like this that allows you to spend what you earn could be a great perk.”    Check out Mozo’s expert review of Kogan Money’s deal for all the info you need. But get in quick because this offer is soon to expire on 4 October 2021!

Whether you are looking to ramp up your credit card rewards points, receive cashback or take advantage of a 0% purchase or balance transfer rate offer, it can be tricky to navigate what seems like an ocean’s worth of credit card deals available right now. That’s where we can help. For August, we’ve collected some stand-out credit card deals that are worth knowing about. From bonus points and cashback offers and intro and balance transfer rates, here’s what we found:

According to new Experian research, 60% of Australians feel creditors and lenders successfully provided financial assistance to those experiencing hardship during the 2020 COVID downturn.