Money
Saving money often comes down to getting the best deal, and a good place to start with that is to look at your credit card first.
Fortunately you can find and compare credit cards online to find the best deals, this takes a lot of the hard work out of it by using a credit card comparison website such as credit-cards.net.au
What to look for to save some big bucks:
- Promotional Intro rates: Many credit card companies offer promotional rates as a sweetner to get people to sign up. Some of these promotional rates are amazing, like 0% interest on purchases and balance transfers. In order to get this good rates you really have to know which companies offer what and when, this is why we recommend using a credit card comparison website as they know what deals are available.
- Long-Term interest rates: Although Promo’s are great, it’s likely you’re going to use the credit card for more than the promotional period, so it’s important to consider things like what the interest rate is going to be when you come off the promo period. Make sure it’s a low interest rate after the promotional period.
- No Fees: A lot of credit cards are offering low or no fees, this is another way you can save.
- Check regularly: Credit Cards change all the time, there’s no reason why you should hang onto your current card for years. It’s best practice to review your credit card every year at a minimum.
- Balance Transfer: If you have outstanding balance on your existing credit card, make use of a low (and sometimes 0%) Interest Rates on Balance transfer credit cards.