There are many reasons why people choose to get a credit card, for example to help improve their credit score, help balance their finances between paychecks or to earn rewards points.
As inflation and rising interest rates put a strain on finances, it's not surprising that more Australians are turning to credit to help buffer their budgets. According to credit reporting agency Equifax, applications for new credit cards surged by 21%^ in the December quarter. Yikes!But a credit card can be an extremely useful financial tool to have at your disposal if you are savvy about when you use it, where you use it, and when to stop using it. And while it can be tempting to be drawn towards cards with flashy rewards points offers and extras like airport lounge access, these cards generally have interest rates over 20% p.a. Fortunately, there are some cards on the market with low interest rates on purchases, and some even come with low fees and perks. With this in mind, here’s our Editors’ round up of low interest credit card deals this month.
Good news if you’re an AMEX credit card holder or looking for a new rewards credit card, AMEX has announced that it’s adding Hawaiian Airlines and Qatar Airlines as transfer partners in Australia and New Zealand.
When it comes to choosing a credit card there are a lot of factors to consider – the interest rate and the credit card rewards are only the beginning. But what about the feel-good factor behind the card?
With many Aussies having an increasing desire for transparency in their banks and products that do good, many providers are adding ethical options to their line ups.
For the third year in a row, August has been declared Member Month for AMEX cardholders. Already some of Australia’s best known credit cards, this could be a great time to score some extra perks in your pocket.
Found yourself reaching for your credit card a little bit more often recently? The rising cost of living has put strain on all of us, with new July 1 changes adding extra costs to energy bills and phone plans. While balancing costs can be a challenge, it’s always nice to get a bit of a reward back in your pocket.
Coming to the close of the financial year, spending sure can be tempting and credit cards often get a workout. A 2021 Mozo study found that 81% of Aussie shoppers surveyed were prepared to shop big come tax time, ready to drop money on big ticket work expenses at EOFY discounted prices.
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