These lovable plastic cards allow you to conveniently pay for all the stuff you want, even when you can’t afford it. But their interest rates don’t come cheap, especially if you miss a payment date – for whatever reason. What most people don’t realise is that credit card companies are businesses too, and their goal is to keep you at their corner. To do so, like other businesses, they offer interest-free promos, customer loyalty perks, and the full works – you just have to know when and where to look to start benefiting from these credit card companies. Here’s how to keep up to date with Australian credit card news in Australia.
#1. Follow credit card interest rate comparison sites
You’ve already seen that credit card companies want to keep you, what you don’t know is that these companies always try to out-provide better interests for customers. So a simple interest rate comparison site like creditcardcompare.com.au will show you the best interest rates. If your current credit card company’s overcharging you, you’ll know it. All you have to do to stay up to date on interest rate changes is either to add a comparison site to your home screen and refresh the comparisons every now and then or subscribe to an emailing service that tells you the credit cards with the best rates.
#2. Learn Which Cards Suit your Frequent Use
The end goal of a credit card is to allow you to borrow now and pay later. But not all credit cards are the same. Some cards are ideal for frequent flyers, some even more ideal for specific locations in Australia. Credit card companies are constantly thinking up new ways to attract and keep you, the only way to make sure you’re getting the best possible deal is to stay updated on credit card news on sites like Mozo.com.au
Credit cards may have become a 21st-century necessity, but there’s no reason you should take whatever deal you get. Stay updated on the best credit card offers and keep the market competitive.