Higher interest rates and worsening affordability are driving home buyers out of the market. Australian Bureau of Statistics figures published yesterday show.....
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.....
Getting cash overseas is expensive 8 February 2010
Taking a credit card overseas is a very expensive way of shopping in another country. Credit cards can be surprisingly expensive with exhorbitant foreign ATM withdrawal and transaction fees plus foreign exchange charges quickly eating into tight holiday budgets.For example, taking a Bank of Queensland credit card shopping overseas will cost $4 each time a withdrawal or purchase is made. For a cash advance in another country, Bank of Queensland cards also charge a 1.5 per cent overseas withdrawal fee and 3 per cent foreign currency conversion charge. That equals about $13.00 in fees for making a $200.00 withdrawal overseas.A Commonwealth Bank credit card can charge more than $13 for the same transaction, ANZ more than $10 while a Suncorp credit card charges $10.00. A Westpac card would charge about $10.50 while NAB cards charge up to $9.
