St.George No Annual Fee

Mozo snapshot

If you’re the type of person who always pays their credit card bill on time and doesn’t want to blow their budget on annual fees, then the St.George No Annual Fee credit card could be the card for you. It comes with a 0% balance transfer rate for the first 12 months (1% balance transfer fee) and up to 55 interest free days. However, there is a 20.74% purchase rate to consider.

Key features

The feature that stands out about the St.George No Annual fee credit card, is obviously the lack of annual fee. This means that as long as you pay off your balance in full and on time every month, your credit card is basically free.

But make sure you keep up the habit because if you wind up carrying a balance, you’ll be hit with a relatively high purchase rate. You’ll have up to 55 interest free days to ensure that you are able to stay in the clear and avoid the 20.74% purchase rate.

Not only does it not have an annual fee, but if you want to transfer debts over to this card, there’s a 0% balance transfer offer for the first 12 months, although remember there is a 1.00% balance transfer fee.

If you want to share this account with a couple of family members, you’ll be able to have 3 additional cardholders for free.

Who is it good for

If you’re someone who pays off their balance each and every month no problem, then the St. George No Annual Fee credit card might be the card for you, as you’ll able to enjoy the lack of ongoing fees, without needing to worry about the high purchase rate.

Any catches

The obvious catch here is the high 20.74% purchase rate. If you aren’t able to pay off your balance, you’ll quickly find those payments stacking up, so be careful to not get stung.