6 ways to blast debt in 2019 - Mozo Editors Picks

The Citi Platinum (Balance Transfer Offer) credit card offers a 0% balance transfer for 24 months, giving you plenty of time to clear your debt. This card also offers a low $49 annual fee in the first year, before jumping to the regular fee of $149. Aussie travellers are also in for a treat as complimentary international travel insurance is also on offer. Just be sure to clear your debt within the 0% balance transfer period before the rate reverts to 21.74%.

If you’re determined to blast debt fast, then look no further than the Woolworths Everyday Platinum credit card. This card features a 0% p.a. balance transfer for the 14 months, but you’ll need to make sure to clear your balance within this period to avoid being hit with the 21.99% p.a. revert rate. You won’t have to pay an annual fee in the first year and once you’re done clearing your debt, there’s stacks of discounts on offer, like a Woolworths $50 eGift card after you spend $150 a month for 3 months and apply before January 31 2019. 

If you’re after a card that keeps costs to a minimum, you should give the cua Low Rate credit card a look. The Low Rate credit card has a 0% balance transfer for 13 months and doesn’t charge a fee to move your balance across. There’s no annual fee in the first year and a low purchase rate of 11.99% for when you’re done paying off debt (thought the cash advance rate is higher), making this a great low cost option.

If you like the idea of blasting debt with a rate that’s as unique as you, then you need to check out the Australian Military Bank Unsecured Personal Loan - Excellent Credit. With variable rates starting from 7.88% (8.72% comparison rate^^) for borrowers with an excellent credit score, no exit fees and free extra repayments available, you’ll be on your way to being debt free in no time.

When it comes to a banking sometimes it’s best to keep things simple, which is why the ING Unsecured Personal Loan might be just what you’re looking for. With a fixed rate of 8.99% (9.13% comparison rate^^), you’ll have the comfort in always knowing your repayment amount, which you can easily work it into your budget. Plus, if you’ve got an active Everyday Orange Account, ING will waive the upfront fee!

But if you prefer to be a part of a community and have a top notch credit history, why not try the Society One Unsecured Personal Loan - Excellent Credit. Credible borrowers with an excellent credit score could have access to the low 7.50% fixed rate (9.51% comparison rate^). There’s no monthly or exit fees, only a one-off $300 upfront fee. And if you’re keen to get a jump start in paying off your debt, simple apply online and receive a quote in 3 minutes!