Asic Credit License No:401965
COSL Membership Number: M0009285
Credit Cards
Latest Articles
- Mounting Credit Card Debt In Australia - A Sign Of Problems To Come?
- Low Interest Balance Transfers For Life!
- Prepaid Australian Credit Cards Are Booming!
- Watch Out For Interest Rates Hikes On Credit Cards
- Cheaper To Use Your Credit Card In Australia Soon?
- Credit Card Comparison Made Easy
- Before You Apply For A Credit Card Read The Fine Print!
Find all the features listed to make the best choice possible.
 No Annual Fee EVER ~ 2.9% p.a. Balance Transfer Rate for 6 months ~ Low Purchase Rate 18.99% p.a ~ Choice of colours!
|
 Balance Transfer Rate reverts to 20.99% p.a.after 6 months. |
| $0 Annual Fee for first year ~ APR & Balance Transfer Rate 0% p.a.for first 6 months ~ Overseas Travel & Medical Insurance. |
Balance Transfer rate is 20.99% p.a. after introductory 6 months. |
| No Annual Fee EVER~ 1% p.a. for 6 months on purchases ~ 4.99% p.a.~ Balance Transfer rate for 12 months ~ Travel insurance. |
No Rewards program |
| No Annual Fee EVER~ 1% p.a. APR for 6 months ~ 4.99% p.a. Balance Transfer rate for 12 months ~ Travel Insurance ~ 24/7 Concierge. |
No Rewards program |
No Annual Fee Credit Cards
No annual fee credit cards are exactly what they say they are: cards that incur no ongoing yearly account maintenance fee.
The annual fee is often used by credit card companies to make up for some other costly or, at least, low profit-making features that they are providing, such as rewards programs or low interest rates.
When A No Annual Fee Card Make Most Sense
A no annual fee credit card can be attractive for people that don’t use their card a lot and therefore find it hard to justify paying $100, for example, for something they only use a few times per year.
For Australians that use their credit cards frequently – in some cases every day – it's much easier to spread the cost of the card over the high volume of purchases you make and justify it that way.
Consider Other Factors
For most Aussies a no annual fee credit card might be a "nice to have" feature but it won’t be make or break for their decision.
Most people don’t mind paying a small fee if they can save money or get perks in other ways, such as a 55-day interest free period (potentially saving a lot more per year than a $50 annual fee), a low APR that saves interest payments each year or a great frequent flyer program.
The Lower Bills Promise
We can't promise you'll be approved but we can promise to provide you with the right information so that you apply for the best credit cards possible!
