Paying interest on a credit card is throwing money away especially when the interest rates can be 25%+.
Click here to calculate the total interest you will pay if you don't clear the balance each month.
ONLY if you are very disciplined with credit read on....
Banks are not the favourite corporation charging fees for everything. Now it is time to get something back. A credit card used wisely can be a good personal financial tool.
Using a credit card with rewards can give you a bonus for just doing your shopping. Using the interest free period the money can also sit in a mortgage offset account or high interest savings account.
Most have joining/ annual fees but if you shop around you can find a good deal.
The GO Mastercard is good value (if not paying interest which is high). It has no annual fee or rewards club fee. It also pays $1 reward dollar for every $130 spent and can be used for petrol vouchers or Harvey Norman vouchers.
www.gomastercard.com.au
(Do your own research when deciding if a credit card is a wise financial decision for your situation)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment