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Minimise Your Credit Card Costs

If you find yourself in the situation that you are unable to pay your credit card debt balance off each month then there are steps you can take to reduce your interest charges. .....
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Leasing
 Commercial Hire Purchase
Article
 Building approvals fall
Online Brokers
 RAMS reports profit surge
Internet Banking
 Phishing inhibits banks communication with customers
Low Doc Loans
 RBA considers housing loan stress levels
 
Tips & Tricks
Credit Cards
 
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.....
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Credit Cards
 Credit Card Balance Transfers
 Watch out for the 'revert rate' on balance transfer offers
 Watch for different interest rates on the one card
HomeLoans
 Don't compare against the so-called 'standard variable rate'
 Look out for 'deferred establishment fees'
 
Latest News
Sports Betting Online
Shoppers choosing debit over credit
17 March 2010
 
The trend to debit Visa and Mastercard cards continues to grow. Debit share of card payments increased from 34.7 per cent in January last year to 36.6 per cent 12 months later. Credit share fell from 52.8 to 52 per cent over the same period and charge card share fell from 12.5 to 11.4 per cent.CommSec general manager for products and development, Elicia Kunovski said the use of debit would continue to grow as consumers came to understand it better. CommSec launched a cash account in 2008 and issued a MasterCard debit card with the account. Kunovski said consumer awareness of scheme debit was low.CommSec is working with MasterCard on education programs to teach consumers about the additional functions of scheme debit, such as online purchasing.
 
Source : Banking Day
 

 
31 March 2010 - Young people not coping with debt
  - Banks profiting from card debts
  - RBA says banks face more competition
 
30 March 2010 - Can you handle higher rates?
  - Our banks never in doubt says RBA
  - Term Deposit rates may have peaked
 
29 March 2010 - CUA says customer service stacks up
  - Rates are going up again
  - 1000 Auction weekend in Melbourne
 
26 March 2010 - First home owners are doing fine, thank you
  - Mortgage stress is not rising
  - Deposit rates at record highs
  - Rates to go up at least 0.5%
 
25 March 2010 - Westpac says get used to rate rises
  - Big banks still rule lending
  - Govt considers cutting deposit tax
 
24 March 2010 - CUA cuts mortgage rates
  - Buying a house can be risky behaviour
  - Westpac to pocket huge $$ from card charges
  - GFC not over yet says ANZ
 
23 March 2010 - Savings accounts feature bonus rates
  - Banks say rates are going up
  - Westpac credit cards charge interest on interest
  - Credit card surcharging under fire
 
22 March 2010 - AMP cuts variable mortgage rate
  - Sydney auction clearance rates continue to improve
  - No deposit home loans get thumbs down
  - Mortgage rates go up
  - Investors reject NAB bid for Axa
  - Eftpos cheaper than ATMs for Cash out
 
19 March 2010 - UBank heading for mobile phones
  - St George giving away business training
  - Jump in new housing starts
  - Competition not yet back in banking
 
18 March 2010 - Home price timebomb is ticking
  - Competition returning to mortgages says RBA
  - New lenders undercut the big four
 
17 March 2010 - ASIC warns on Term Deposits
  - Direct debits can hurt the indebted
  - Most can’t understand credit card statements
  - Credit card tricks and traps
  - Banks make big promises to do better
  - RBA says Aussie banks are strong
 
16 March 2010 - Banks lower some term deposit rates
  - Savers willing to move for better rates
  - Aussies don’t know about deposit guarantee
  - Westpac to launch new online bank
  - Rudd says banks are gouging profits
  - New home finance numbers plummet
 
15 March 2010 - Best performing property markets over 10y
  - Affordable suburbs recording strong price growth
  - ANZ internet banking helps E*Trade
 
12 March 2010 - Mortgage stress hits first home buyers
  - Average mortgage up 40 per cent
  - Rates to go up another two per cent
  - Banks reap profits from extra margins
  - Term deposit rates at historical highs
  - Investors like ANZ
 
11 March 2010 - High interest rates spook buyers
  - Big banks still dominating market
  - ING targets internet mortgages
  - ING growing as a mortgage lender
  - Now is a good time to pay off debt
  - Banks take more on credit card rates
 
10 March 2010 - ANZ team to fix mortgage problems
  - Brokers offer cash back on mortgage commissions
  - Insurers dealing with 40,000 claims
  - Bank of Queensland builds war chest
 
09 March 2010 - CBA lowers LVRs for investors
  - Property getting unaffordable again
  - First home buyers giving up
  - NAB, ANZ hindered by back office delays
 
08 March 2010 - Auctions results dip down
  - Aussies like debt again
  - Interest free deals not so free
  - Interest free deals not so free
  - Aussies choose weekends over cash
 
05 March 2010 - Brace for 2 years of rate rises
  - Rate rises hit credit cards
  - ATM fee reforms a failure
  - ANZ, CBA go to India
  - Westpac goes to London
  - CBA to join Facebook, Twitter
 
04 March 2010 - Westpac and NAB hike rates by 0.25%
  - How high will rates go?
  - Sydney needs more house sellers
  - St George customers get wrong statements
 
03 March 2010 - CBA, ANZ, St George move up by 0.25%
  - All eyes on mortgage rates
  - Rate rise appropriate says RBA
  - Swan warns banks on rate rises
  - 1 in 5 chance of April rate rise
  - More travellers choosing HSBC account
  - SENSE account helps with saving
  - Police advise: open a bank account
 
02 March 2010 - RBA lifts rates by 0.25
  - ASIC warns of dual pricing on term deposits
  - Term deposits not set and forget
  - ING aiming for growth in loans
  - Charged thousands for own money
  - Investors, upgraders drive new home sales
 
01 March 2010 - BoQ leads on personal service
  - Westpac has fastest mortgage turnaround times
  - NAB buckles under mortgage overload
  - Borrowers reject fixed rate mortgages
  - Auction results improving for vendors
  - Aussies owe more than ever
 
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