The anticipated return of Click Frenzy - is your credit card ready?

Ready your credit cards and pray for your savings account because at approximately 7pm tonight, they may find themselves in a Frenzy.

Australia’s biggest online shopping event, Click Frenzy, has returned for its fifth year with even bigger and better sales.

Keeping to a ‘five year’ theme, this year’s sales feature over 5000 sales from over 500 retailers, including Myer, Chemist Warehouse and Adidas.

RELATED: What's your spending personality?

“The appetite from Australian shoppers for these types of events is growing at a huge rate. Our goal is to give Australian consumers the ultimate online shopping frenzy for 24 hours,” said Click Frenzy co-founder, Grant Arnott.

Fan favourite Afterpay will also be part of the fun as a returning affiliate with Click Frenzy along with new partner, Australia Post.

“We’re expecting a lot of customers will be taking advantage of Click Frenzy ahead of Christmas, and think the 2017 online shopping festival will be the most successful yet,” said Australia Post General Manager eCommerce and International, Ben Franzi.

If you’re a newcomer to the online shopping extravaganza, you can sign up here and start your Click Frenzy countdown now!

However, it doesn’t take long for frenzied online shopping to get out of hand, so it’s always a good idea to dive in with a game plan to stay on top of your shopping cart.

Mozo's tips to financially survive Click Frenzy 

Choose the right credit card - If you’re a proud owner of a rewards card, now might be the time to put it to good use and rack up some points or reach the spending amount to score bonus points. Just make sure you’ll be able to pay off the balance to avoid the interest and if you’re going international, choose a card with no foreign exchange fee.

Give yourself a spending limit - Before you find yourself neck deep in major sales, overspending by the second, give yourself a spending limit in advance and stick to it. You may find that things you ‘needed’ were just split second love affairs.

Be aware of shipping costs - If your spending will reach a number of retailers, multiple shipping costs can really take a hit at your savings account. Play it safe by shopping at stores which automatically provide free shipping or offer it once you surpass a spending amount.

Don't forget to use your loyalty cards - We all have our favourites stores and if you’ve got a loyalty card to prove it, use it! This may help you score an additional discount at checkout or secure you some membership perks for later.

Need a new credit card for your next online shopping spree? Check out our credit card comparison tool or take a look at our Experts Choice award winners!

 

^See information about the Mozo Experts Choice Credit Card Awards

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