RateCity shows the best credit cards for different types of Christmas shoppers. Australians spend the most money on credit cards during Christmas. Consumers should make use of the credit card deals.
RateCity's Credit Card Buyers' Guide
Click to pay is king as consumers embrace bank technologies
Many Australians now pay their bills with a few taps of the finger, as banks beef up their mobile and digital-banking offerings.
Record number of 0% intro deals in time for debt hangover
The number of balance transfer credit card deals is on the rise, and is set to continue to do so as banks look to capture a share of people wanting to reduce debt post-Christmas.
Aussies' $10.7m 'gift' to banks
Credit card users owe a massive $48.8 billion on their cards, with more than $34.2 billion accruing interest, latest Reserve Bank figures show. And RateCity estimates that plastic debts will balloon by 2 percent in January as the nation deals with Christmas spending hangovers.
Yes, it may be possible to get a $1,500 payday loan with bad credit. Some payday lenders give loans to people with bad credit histories if they believe the borrower has the capacity to repay the loan.
Under Australia’s responsible lending rules, lenders aren’t allowed to approve $1,500 payday loans if they don’t believe the borrower can make the repayments.