CBA was the only bank amongst the big four to improve its customer satisfaction rating in the 12 months to May 2009. CBA lifted its rating to 71.2 per cent i.....
CreditMart recently undertook some analysis around interest rates on reward program credit card offers and found that the average interest rate on these cards was 1.....
Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
Credit Card Comparisons should be undertaken with consideration as to how you intend to use your credit card, repayment patterns, your expected outstanding balance and your annual spend. These factors will help you determine the type of credit card you're after, such as a low rate, low balance transfer, rewards, gold or platinum. Low interest credit cards are great for those who never seem to pay off their existing balance each month, but if you do then you might be better looking at a rewards type offer.
CreditMart has developed the Wizard to help you compare credit cards and find the best product type for your needs.
The Aussie credit card comparison market is now full of fantastic 0% balance transfer offers. Which offer you go for should be influenced by the length of time you feel you need to pay off the balance transferred amount. We compare credit card balance transfer offers from 0% for 6 months to 4.9% for the life of the balance.
Credit Card Balance Transfer Offers Compared Online. Over 60 of Australia's top balance transfer offers to compare and apply for.
As competition in the Australian market intensifies, we have seen more banks introduce low balance transfer offers as a means of acquiring new customers. Many of these low balance transfer offers are at a 0% for an introductory 6 month period, or a rate around the 6% mark for the life of the low balance transfer period.
Since Virgin and Aussie shook up the low interest credit card market in Australia we have seen low interest rate offers from the majority of Australian Banks and Credit Unions. We have a number of low interest credit cards within our comparison tables from Aussie, Citibank, St George, NAB, ANZ, and many more. .
Reward Credit Cards typically offer more features and benefits than the standard offers. These extra benefits will generally come in the form of a structured points based rewards scheme. Due to the costs associated with offering a rewards program, reward credit cards come with higher rates of interest over the low rate cards. Reward credit cards will also have a higher annual fee and/or an annual rewards fee. Spend limits might also be slightly higher than on the basic no frills type programs.
Some banks offer reward partners as an alternative to reward points based programs. These programs can result in genuine savings however they tend to offer less flexibility.
Credit Cards with reward programs are offered by many banks and other institutions, including Commonwealth Bank, ANZ, American Express, Woolworths and Citibank
Gold Credit Cards typically offer more features and benefits than the standard rewards type offers. These extra benefits will generally come in the form of travel insurance, purchase insurance and a higher spend limit on the card. As with standard reward based cards, gold credit cards tend to have higher rates of interest as well as a higher annual fee or rewards fees to cover the cost to the banks of the extra benefits. There are some low interest rate gold cards in the market but they tend not to have a reward points program attached.
The main players in the gold credit card market in Australia offering a full packaged product are American Express, Nab, Citibank, Westpac, Commonwealth Bank and ANZ.Use our credit card comparison to find out which offer is best for you.
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Platinum Credit Cards Platinum Credit Cards typically offer more features and benefits than the standard rewards type offers. These extra benefits will generally come in the form of travel insurance, purchase insurance and a higher spend limit on the card as well as a Concierge Service. Some platinum cards also offers higher membership reward rates than gold cards, and in many cases you can cover the higher annual fees if you are a high spender. Typically you want to find a card where your reward points don’t expire. As with standard rewards & gold based cards, platinum credit cards tend to have higher rates of interest as well as a much higher annual fee or rewards fees to cover the cost to the banks of the extra benefits.
Platinum credit cards are offered by American Express, Commonwealth Bank, Citibank, Nab, Westpac and St George.
No Annual Fee Credit Cards typically have interest rates around the same level as the reward credit card offers and in most cases they don't come with a reward program, however there are exemptions
No annual fee offers have been on the decline as banks typically don’t like to offer these types of cards. Zero fee offers are good for those people who spend very little on their account per year and pay their balance off each month.
Remember to compare credit cards based on your usage and habits. A no-annual fee credit card will not benefit you if you end up paying higher interest rates on your outstanding balances.
A Visa debit card provides some of the features of a credit card and enables access to your funds via the Visa network. This means you can make purchases with your debit card wherever Visa cards are accepted, including online.
Visa debit cards are offered by a few of the large Australian banks, including NAB, ANZ and St.George
Thinking about buying a new car? Car Loans can help you finance all or part of a new car purchase. They typically have a slightly lower interest rate than a standard personal loan, because they are considered a secured loan, where the car is seen as the security.
View our car loan comparison tables compare car loans and apply online now
Personal loans are offered by a variety of banks and financial institutions in Australia, with differing rules and rates governing each. Some personal loans can be used for almost any purchase, whereas others have more strict guidelines.
We compare hundreds of personal loans so that you can find the best loan for your circumstances. To see what offers are available, compare personal loans now.
We compare over 700 home loans from Australia’s major banks and non-bank lenders. Our wizard covers standard variable, fixed interest and basic variable loans.
To assist in the selection process you can also request a mortgage broker to help you decide on the right home loan. Simply hit the apply button within our comparison tables and one of our Mortgage Brokers will contact you to discuss your mortgage needs.
Best Credit Card
Amongst all the innovations formulated by man during modern times there has been one particular item that has revolutionised the shopping experience for the consumer, this is of course, the Visa credit card. This particular card transcends all geographical and cultural boundaries and is widely recognised in places as far afield as Timbuktu and Tahiti. The main selling point of these very special cards is of course the convenience factor and they are a safe and secure alternative to carrying substantial amounts of cash. They are particularly useful for those people who source the products and services they require online and are commonly used for booking hotels and flights and a whole host of other products and services.
In fact, people who do not possess a credit card of some description are at a disadvantage in comparison to those who do as their choice of supplier is far more limited. People who don’t possess this type of card are the people who need to travel into town or to a shopping mall to get what they want and also pay in cash, not only is this time consuming and more expensive than online shopping but also limits the consumer’s choice. The internet has revolutionised the world of shopping for businesses and consumers alike and a company without an online presence is severely disadvantaged in comparison to those who do and like the consumer without a credit card somewhat limited in the choices they have. For the most comprehensive credit card deals online you could do a lot worse than bookmark this page and add it to your favourites, if you have any questions regarding any of the products or services detailed on our site please don’t hesitate to contact us.
A Unique Resource
If you have been bombarded with credit card applications in the past you will know just how hard it can be to make the right decision as they all seem more or less the same, the service we provide aims to rectify this dilemma. The resource we provide is designed to help any potential applicant make an informed choice; we display information on a range of credit card low rate deals from a number of different providers. The information is displayed so you can compare one to another and ultimately select the right provider for your specific needs. Please note that as an independent ‘infomediary’ within the market place for financial and investment services we do not endorse any one product, the information provided is intended to give the potential consumer an independent overview of the low interest credit card services available from a multitude of different companies and ultimately enable them to come to a decision as to the provider they want to deal with.
If upon acquainting yourself with the options detailed on our website you are still unsure of what provider best suits your needs our Credit Card Wizard could provide you with the help you need. Simply go to the relevant page on our website, click the wizard tab and you will be asked a series of questions and depending on your answers you will be presented with a series of options that are suitable for you and your current financial situation. We pride ourselves on providing the most comprehensive source of information regarding credit cards anywhere but if you think we should be detailing something that we currently don’t please call us and we will ascertain the feasibility of any suggestions.
Choices, Choices, Choices
For the uninitiated selecting the right card from a plethora of credit card online providers can be something of a minefield, we aim to simplify this process. There a number of elements to take into consideration before finalising any application, these include but are not limited to: Interest rate, interest free days, reward programs, annual fees and member benefits. For the vast majority of applicants the interest rate will be the thing they look at first and with good reason. If you are in the small minority of people that pay off their balance in full every month the interest rate will probably not be a concern, however if you are one of the majority who carries payments over from month to month the interest rate is something that requires consideration.
A low interest rate credit card is one option worth considering if you spend heavily on your card and do not clear your balance every month; these particular cards are most suitable for people who spend less than 15k per year on their card. A credit card balance transfer is also something that people with existing debts should consider, from time to time banks and other financial institutions offer promotional rates for this service and there are some substantial savings to be made on occasions, please be sure to keep on returning to this site for the latest news and developments regarding this service. If you use your credit card regularly there a range of reward programs associated with some cards that may be of interest to you but it is worth bearing in mind that some of the providers with the most comprehensive reward schemes also levy a sometimes expensive annual fee so it pays to weigh up your options carefully.
A Lifestyle Choice
If you are one of those people who spend heavily on their credit card be it for business or for pleasure the real benefits of a platinum credit card or gold credit card should be examined in detail. Whilst the majority of these cards carry a hefty annual fee the reward programs are amongst the most comprehensive available and could outweigh the costs incurred by an annual fee. These cards, whilst generally utilised by people with an above average income are suitable for anyone who does the majority of their spending using credit cards. There are many providers who offer this service and the benefits vary greatly but as a general rule customers are rewarded quite well for utilising these cards. We would advise you check the small print extremely carefully before coming to a final decision as to the suitability of these cards especially in regard to the balance transfer rate. Although competitive in some areas these cards are certainly not cost effective for everyone, if you have any questions whatsoever regarding this range of cards we would advise you to contact the provider directly.
If you do not fully understand any of the information provided we would strongly urge you to ask for the information to be presented in a simple to understand format, reputable companies will only be too willing to provide you with this information and take the time to help you sift through any industry specific jargon. Whichever card you choice from whatever supplier we would advise you to check out our site before you do anything else. A credit card is a financial commitment and as result should treated with the same amount of consideration as anything else of that ilk. Please take your time to browse our website carefully in order to make an informed decision as to what card is most suitable for you and your immediate requirements.
Credit Card Comparison
To sum up, if you are in the process of selecting a suitable credit card you really do need all the assistance that you can possibly get. Although a well worn saying, the old adage, ‘not every credit card is created equally’ is as true today as it’s always been and as a result some research is needed before finalising any application. The resource we provide enables you to compare the various benefits and rates offered by various credit card bank providers. If you are just starting out in business and you require the utmost convenience with the lowest charges we would highly recommend taking an in depth look at the no fee credit card providers detailed on our site. Although these particular providers do not generally offer the most comprehensive reward schemes they do enable you to keep a close eye on your spending safe in the knowledge that you will not be charged any additional fees other than those specified by the provider at the time of application.
An established business with a number of years of trading behind it will probably find alternative cards more applicable as there are considerable benefits associated with the higher annual fee cards including various insurance discounts and more comprehensive reward schemes. Whatever you do, whatever your circumstances may be, make us your first port of call before make any final decision, it could be the most cost effective thing you do this year. Although we are available to answer questions it is generally recommended that you contact the provider directly using the phone numbers or e-mail address detailed on their respective sites. Save yourself time and money by utilising the most comprehensive credit card resource available anywhere.
Manage those Debts
A growing problem for a number of people in today’s fast moving world is debt but help is at hand. The actual debt is usually blown out of all proportion by people who are obliged to make a number of payments to a number of different companies every month, an effective way of relieving this strain to some extent is by way of credit card consolidation. Although this does not reduce the actual debt it enables the person to pay their outstanding debts back to one provider on a monthly basis at one fixed rate of interest, for further details of this service please see the providers websites which are featured on our site. This approach not only reduces the overall interest charges that accumulate as a result of multiple debts but also provides the debtor with an enhanced peace of mind. Debt, if not managed properly can pervade every aspect of an individuals life and ultimately result in ill health and maybe even family breakdowns, for these reasons it is essential that a person does the necessary research before they apply for credit card.
Give yourself the best possible choice when considering a credit card and check out the information detailed on our site. Although as a business we do make money from our resource the overriding emphasis is still on providing the customer with the widest possible choice from the widest range of providers. You’ve identified a need, you’ve arrived at the home of the ultimate credit card resource, what are you waiting for? Start saving today and take the first step in attaining a brighter financial future for yourself, your family or your business.
