CREDIT CARDS

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Credit card deals: Compare and save

Comparing credit cards and choosing the best one for you can be gritty work. Getting to the bottom of what matters to you and knowing your financial needs and spending habits will certainly help. Once you have established what you need, be it low interest rates or frequent flyer points, it should then become a little bit easier to identify the best credit card deal for you.

In terms of what's actually on offer, there are a few things you should take into account and compare when making your decision.

  • Low introductory interest rate: Sometimes the low interest credit card rate you start with isn't the rate you keep.
  • Low ongoing fee: Be aware that if you're charged a very low credit card annual fee, it could be at the cost of other benefits such as a reward program.
  • 0% balance transfers: When you switch over credit card debts to your new card, you're often given a low or 0% interest rate for these debts in the first six months. Keep an eye out for additional transaction fees, which could leave a substantial whole in your back pocket.
  • Interest free days: Take advantage of the interest free days on offer, as many credit cards will kick things off with about 55 days interest free period.
  • Reward programs: If frequent flyer points and other rewards are valuable to you then pay attention to the reward programs on offer. Note, reward programs are not common for low rate cards.

To find the credit card that best suits your financial needs you will need to shop around and compare features. Most cards only offer a few of these features, not all of them, so think carefully about what matters to you.

RateCity.com.au has its eyes on some of the best credit card deals in Australia. To compare these great deals just visit our credit card comparison page.

This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about products from multiple financial institutions. We will try to show you a range of products in response to your request for information. The search results do not include all providers and may not compare all features relevant to you, for further details refer to our FSCG. The rating shown is only one factor to take into account when considering these products. See the rating methodology. We not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a product, you will deal directly with a financial institution, and not with RateCity. Rates and product information should be confirmed with the relevant financial institution, and you should review the PDS before you decide to purchase. See our terms of use for further details. This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.