Using BNPL this silly season, 5 Christmas movie classics & last minute shopping rewards: This week’s best banking news

Using BNPL this silly season, 5 Christmas movie classics & last minute shopping rewards: This week’s best banking news
  • Where can I use Buy Now Pay Later for Christmas?
  • Aussie apartments vs. houses in 2021
  • 5 Christmas movie classics & where to watch them
  • Joint personal loans: pros & cons
  • UBank's new 1.99% variable home loan rate is its lowest ever
  • Credit cards for last-minute Christmas shopping

All in this week’s best banking news recap: editor’s pick.

Where can I use Buy Now Pay Later for Christmas?

Still need to do some last-minute Christmas shopping? Well, if you’re looking for a way to help spread out the cost, then you might consider using Buy Now Pay Later (BNPL). 

Opting to shop with Afterpay, Zip, or other Buy Now Pay Later services means that you can reduce the amount of money you spend upfront and instead pay off the total over time in instalments.

Read the full article: Where can I use Buy Now Pay Later for Christmas? to get you locked and loaded for any last-minute Christmas shopping.

Aussie apartments vs. houses in 2021

It’s no secret that the Aussie property market has been booming this year. Over the past 12 months, dwelling prices (both houses and units) went up by a whopping 22%, bringing the median Aussie home price up by an additional $126,700.

“Dwelling prices combine both houses and units, and while units certainly haven’t underperformed, they have been overshadowed by the meteoric rise in house prices,” said Mozo Money Writer Niko Iliakis.

New research from property research firm CoreLogic has revealed that the median capital city house price now sits 37.9% higher than the median capital city unit price.

Read full article: How have Aussie apartments fared in 2021 compared to houses? for the full scoop.

5 Christmas movie classics & where to watch them

5 Christmas movie classics & where to watch them

We’re a little over a week away from Christmas, folks! Not feeling it just yet? Well, there’s nothing worse than being stuck with a “Grinch” at this time of year. 

So for the sake of those around you, it’s time to get into the festive spirit. So pop on your ugliest festive attire and get ready for the Christmas movie marathon of the century!

Read the full article: 5 Christmas movie classics & where to watch them for the ultimate Christmas movie marathon.

Joint personal loans: pros & cons

Many Aussies split bank accounts, home loans and other financial banking products with a relative or significant other, but have you ever heard of a joint personal loan

With a joint personal loan, two people take out and repay a personal loan together. There are different pros and cons to going in on a joint personal loan versus taking one out on your own, which we discuss in the article below.

Read the full article: Why you might consider a joint personal loan in 2022: Benefits and risks revealed for all the ins and outs.

UBank's new 1.99% variable home loan rate is its lowest ever

UBank's new 1.99% variable home loan rate is its lowest ever

Did someone say home loan rate cut? That’s right, folks. UBank has recently cut a whopping 113 basis points off its variable rate UHomeLoan - Discount Offer, bringing it down to 1.99% p.a. (1.99% p.a. comparison rate*).

UBank’s new rate is now sitting below the average variable home loan rate for owner-occupiers in Mozo’s database. 

Read the full article: UBank's new 1.99% variable home loan rate is its lowest ever for the full scoop.

Credit cards for last-minute Christmas shopping

The silly season is a time of increased spending for many Aussies, and with the right credit card up your sleeve, you could score yourself some extra bang for your buck in rewards.

To help you pick the right piece of plastic, here’s a rundown on a handful of credit cards from the Mozo database and some of the different perks they come with.

Read the full article: Top credit cards for online shopping: Mozo editor’s picks for Christmas spending for a full rundown.

Looking for the right piece of plastic to suit your needs? Then be sure to check out our free credit card comparison tool below so you can start comparing credit cards today:

Compare Credit Cards today - last updated 28 May 2024

Search promoted credit cards below or do a full Mozo database search. Advertiser disclosure
  • NAB Low Rate Card - Balance Transfer Offer

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    Purchase rate
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    Balance transfer rate
    0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
    Annual fee
    $59 $0 in the first year
    Rewards program
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    American Express Qantas Ultimate Card

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    Purchase rate
    23.99% p.a.
    Balance transfer rate
    No current offer
    Annual fee
    $450
    Rewards program
    Qantas Frequent Flyer
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    Details
  • American Express Platinum Edge Credit Card

    Enjoy $0 Annual Card Fee (usually $195) in the first year when you apply online and are approved. T&Cs apply. New Card Members only. Offer subject to change without notice.

    Purchase rate
    23.99% p.a.
    Balance transfer rate
    No current offer
    Annual fee
    $195 $0 in the first year
    Rewards program
    Membership Rewards
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  • American Express Explorer® Credit Card

    Receive 50,000 bonus membership rewards points when you apply online, are approved, and spend $4,000 on eligible purchases on your new card within the first 3 months (T&Cs apply). New Card Members only. Complimentary domestic & international Travel Insurance (T&Cs apply). Up to 55 days interest free on purchases. $395 annual fee.

    Purchase rate
    23.99% p.a.
    Balance transfer rate
    No current offer
    Annual fee
    $395
    Rewards program
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  • Apply By 26 Jun 2024
    American Express Velocity Platinum Card

    Receive 60,000 bonus Velocity Points when you apply online by 26 June 2024, are approved, and spend $3,000 on eligible purchases on your new Card within the first 3 months. T&Cs apply. Available to new American Express Card Members only.

    Purchase rate
    23.99% p.a.
    Balance transfer rate
    No current offer
    Annual fee
    $375
    Rewards program
    Velocity Frequent Flyer
    Compare
    Details

^See information about the Mozo Experts Choice Credit Card Awards

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