Getting rewarded for your spending is a money hack that savvy credit card users swear by, and for many of us there’s nothing better than getting rewarded with cold hard cashback.
Credit card cashback offers are booming right now, and it’s no wonder. Scoring cashback on your spending means you’re not tied into tricksy rewards points programs that can see you endlessly collecting points only to find out they’re worth far less than you thought when you try to redeem them.
One of the top cashback offers available right now is on the popular Westpac Low Rate credit card. New cardholders can earn $400 cashback by spending $4,000 on eligible purchases in the first 120 days after card approval, and enjoy a low interest rate and annual fee to boot.
Another popular cashback offer on the market this month is the innovative Freestyle Virtual MasterCard from MoneyMe, which earns cardholders credit back from 1,400 retail stores.
Read on for the Mozo Editor's round up of these popular cashback offers and some of the other top credit card deals on the market this month....
1. Get credit back from 1,400 stores with this virtual card
MoneyMe Freestyle Virtual Mastercard
A virtual card that’s available to use instantly once approved
Save with credit back offers from over 1,400 stores
The new MoneyMe Freestyle card is shaking up the credit card world with an innovative virtual credit card and cashback approach. The virtual card can be used instantly as soon as its approved, which according to MoneyMe typically takes less than 60 minutes. Once approved you can use the card to Tap n Pay, transfer money to friends and get credit back offers from over 1,400 stores.
2. Get $400 cashback plus a low interest rate
Westpac Low Rate - Cashback Offer
Earn $400 cashback by spending $4k on eligible purchases in the first 120 days
This generous new cashback offer from Westpac makes its popular Low Rate card even more appealing. New cardholders can earn $400 cashback by spending $4,000 on eligible purchases in the first 120 days after card approval. As an added bonus, Westpac is also waiving the $59 annual fee in the first year. The purchase rate is a low 13.74% and cardholders can enjoy up to 55 days interest free on purchases. Apply by 30 November.
3. Enjoy 0% interest on purchases for up to 110 days
Australia’s most generous interest-free card - up to 110 days interest-free
No foreign transaction fees for online and overseas purchases
If interest-free days are more your thing, the new Humm90 Mastercard offers 0% interest on purchases for up to 110 days - twice as long as the average credit card. And that’s not the only way to avoid paying interest charges with this clever card, as cardholders can also access up to 60 months interest-free finance with key retail partners. Another clever feature is Humm Wrap, which lets you convert purchases of $250 or more to an interest free instalment plan for a small fee.