Compare Australian Credit Cards and Offers» Credit Card Interest Rates in Australia

What does the RBA rate cut mean for Australian credit card holders?

Jeremy — Thu, 10 Nov 2011 03:37:57 +0000

Last Tuesday the Reserve Bank decided to cut the overnight cash rate by 0.25 per cent. In reality this translates to a reduction in the standard interest rates of one quarter of a percent. If you own a credit card this is good news as the annual interest you are charged may decrease by this [...]

When Is Getting A Zero Percent Interest Credit Card A Bad Choice?

Jeremy — Thu, 27 Jan 2011 09:17:04 +0000

Zero percent interest credit cards probably seem like a gift from the heavens since, after all, you are basically getting free money to do with what you wish. However, there is truth to the saying that nothing in life is ever free and that also holds true when it comes to a zero interest credit card. In fact, there are many situations in which such a card is not always the best option. Read on to find out exactly why.

Reserve Bank Cash Rate

Credit Card Finder — Mon, 16 Aug 2010 12:02:27 +0000

Find out what the Reserve Bank cash rate actually is. Understand its importance in maintaining a stable and prosperous economy for Australians by controlling inflation.

How to know if you are paying too much credit card interest

Credit Card Finder — Sun, 27 Jun 2010 09:28:52 +0000

Interest rates have been on the rise for a while now. The reason given is the global financial crisis. Credit card customers are now facing the crunch of too much interest in the midst of dwindling salaries.

Bank Interest Rates Comparison

Credit Card Finder — Tue, 25 May 2010 11:00:43 +0000

Anyone who is looking for a loan has probably seen a comparison rate listed. This is a government requirement that helps consumers understand the full amount of their loan. While these rates are helpful it is important for borrowers to know what they include and do not include and how they relate to their particular needs.

How To Manage Your Finances Through Interest Rate Increases

Credit Card Finder — Mon, 17 May 2010 17:19:32 +0000

Interest rates are on the rise. If you have significant debt outstanding this would mean additional repayment pressure. Learn how to properly manage your finances so as to reduce the impact of interest rate increases.

Credit Card Health Check Are You Paying too Much Credit Card Interest?

Credit Card Finder — Sat, 10 Apr 2010 13:45:27 +0000

Do you know how much you're paying each year in credit card interest? Most people don't have a clear understanding of exactly how much credit cards can cost them, but when you factor in that most banks also charge you interest on the interest you've already been charged, it can get even more expensive again.

Best Interest Rates

Credit Card Finder — Thu, 25 Mar 2010 06:34:10 +0000

Understand what constitutes the best interest rate in a credit card. Find out which cards are offering some of the most appealing rates, and why you should grab a great deal now.

Credit Card Advertising Rules and Laws

Credit Card Finder — Wed, 24 Mar 2010 00:58:34 +0000

There are certain rules and regulations that credit card companies must abide by when they are advertising for their cards. Consumers are protected by the requirement of credit card companies to reveal certain information so consumers are able to make informed choices. Understanding the requirements will help consumers make even better choices according to their situation.

Compare Interest Rates

Credit Card Finder — Wed, 17 Mar 2010 10:39:59 +0000

When it comes to comparing interest rate, there are four main types that you need to be aware of. If you can learn the art of credit card comparison, you will forever be able to find the best credit card deals available for you and your financial situation. Read our guide, which will teach you all you need to know to effectively compare interest rates and card offers.

Credit Card Rates & Bank Fees – A Market Insight

Credit Card Finder — Mon, 15 Mar 2010 10:18:33 +0000

Every credit card has associated rates and surcharges. Read this guide to get an overview as well as learn about the Uniform Consumer Credit Code.

How Interest Rate Changes Work

Credit Card Finder — Fri, 12 Feb 2010 05:00:00 +0000

If you have ever wondered how and why the RBA changes interest rates in the Australian economy then this article is worth your while. You will learn how & why the RBA changes interest rates and how banks directly change their interest rates as a result on home loans, term deposits, credit cards etc which in turn affects us.

Reserve Bank Interest Rates: Understanding Monetary Policy

Credit Card Finder — Sun, 31 Jan 2010 13:00:20 +0000

As majority of Australian citizens are affected by interest rate changes by the Reserve Bank Of Australia it is essential we understand exactly how interest rates are determined. This article will help you understand how the RBA goes about settings interest rates.

Interest Free Credit Card Offers – Compare Interest Free Credit Cards

Credit Card Finder — Sat, 14 Nov 2009 05:00:53 +0000

Wouldn't we all want to own an interest-free period credit card? But sometimes it is better not to bother with these cards. Learn when they can get you more and when to avoid them.

Influential Australian Federal Bodies Who Regulate Credit Cards

Credit Card Finder — Fri, 10 Jul 2009 21:00:06 +0000

Which financial regulatory bodies influence credit card regulation and ultimately set the guidelines of what banks can-and-can't do?

Find out the four key organisations which manage policy and law in the Australian financial sector.

How to Find the Cheapest Interest Rate Credit Card?

Credit Card Finder — Sat, 13 Jun 2009 05:36:22 +0000

Finding the lowest rate credit card doesn't necessarily mean it's the cheapest. What's more important is value, which is determined by weighing up the other factors of the card.

Find out what features one must compare in order to get the most valuable low APR credit card.

Australian’s Who Don’t Know their Interest Rate

CreditCardFinder — Thu, 26 Mar 2009 15:08:58 +0000

To some, not knowing their credit card interest rate is the same as not knowing their car model or home address. To others, it's just a irrelevant feature on their card which they don't pay attention to. Why and how many Australians don't actually know their interest rate?

Interest Rate Repayment Explanation

CreditCardFinder — Thu, 04 Sep 2008 09:20:51 +0000

The most common financial term you will hear from day to day would very likely be Interest rates. The term is no different for credit cards. The key feature by which people tend to judge cards by is their interest rates. This article will explain what exactly an interest rate is on a credit card, along with how to ultimately reduce your interest repayments. Financial providers and banks make the majority of their money from credit cards via interest rate repayments. If youÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢re late on your payments, generally they will penalize you with an inflated rate. Two different rates are often available on a credit card, a purchase rate and a cash advance rate

What does 55 days interest free really mean?

CreditCardFinder — Wed, 11 Oct 2006 06:05:43 +0000

Does it really mean you get 55 days interest free for every purchase you make? Not really. This article discusses the true meaning of "55 days interest free" and runs you through a simple example.