credit cards


Travel cards to consider for your next overseas holiday

With Easter holidays around the corner, some of us may be pencilling in the dates for our next vacation. If you’ve ever been stung by credit card fees from your last overseas trip, or heard tales of painful money exchange processes (don’t get me started on traveller’s cheques on my South American adventure), you’re in luck. The Credit Savvy team have created a list of handy travel cards worth looking into before your next getaway: Credit Cards for Travel Bankwest Zero Platinum MasterCard: A travel credit card with $0 annual fee, no foreign transaction fees on online and overseas purchases, and a range of complimentary insurance covers (terms and conditions apply). 28 Degrees Platinum MasterCard: An oldie but a goodie. No annual fee, no currency conversion fees, no international transaction fees on purchases and a 24/7 complimentary worldwide concierge service. To compare more credit cards, head to our credit card…

Balance Transfers 101

So you went a little overboard over the holiday season and you’ve racked up a hefty credit card bill. We’ve all been there, there’s nothing to be ashamed about. If you can’t or don’t pay off the balance in full by the due date, you might have to pay interest on your debt and some credit cards carry interest rates up to 20% p.a.! You’re probably thinking: I don’t want to pay all that interest! Help! What can I do??? First step, don’t panic. There are many options that can help you minimise the holiday debt hangover. One option is to take advantage of a balance transfer offer. Let’s go over the basics. What is a balance transfer? A balance transfer lets you take the balance you owe on an existing credit card and transfer it over to a new credit card. What’s the benefit? Balance transfer offers often come…