Trying to reduce your credit card debt?

| by RateCity Staff

Trying to reduce credit card debt? It can be much easier to do if you compare credit cards at RateCity for some of Australia's best deals on credit cards and introductory rates.

You could reduce credit card debt much quicker by consolidating your debts into a low rate credit card account. Credit card providers encourage consolidation because they want your interest charges so they offer special low rates and some offer no interest for a period of time. For example, you could find a provider that offers no interest for six months if you consolidate your debts to their card.

Reduce credit card debt by paying off as much as you can during the low or no interest period to save money and be rid of your debt for good.

For all you big spenders, a gold or platinum card might become your trusted credit card pal. While both come with higher interest rates and fees, they also come with great reward programs, frequent flyer points, travel insurance, accomodation and entertainment perks and extra credit card protection.

Types of credit cards to compare

If you really do want to reduce your credit card debt you have to be committed to finding the right credit card for you. Get started with RateCity's credit card comparison tool.