Credit Card Special Discount Offers

Featured Instant Discounts Credit Card

The St.George Vertigo MasterCard is a fantastic low interest rate credit card with a low introductory rate on both purchases and balance transfers for the first 6 months. You also get instant discounts and added extras with St.George Instant Benefits program. Enjoy savings all year round with a range of fantastic partners including RedBalloon, Borders, Rebel Sport, Premium Wines Direct and more

• $55 annual fee
• 12.49% p.a. on purchases
• 2.99% p.a. for 6 months on balance transfers
• Cash Advance Rate of 21.24%
• Cannex 5 star rated credit card

Click here to read the St George Vertigo terms and conditions

One of the tricks that credit card companies use is offers on discount credit cards. It should be mutually beneficial, you get a special rate or bonus offer and they get your business. These offers can get tricky though because there are so many discount credit cards available that you might not know which one to choose.

Worse, you might not fully understand the discount so you might not take full advantage of it or lose it all together.

The first thing to understand with any discount credit cards is they are subject to you paying your bill on time. Customers must pay at least the minimum balance on time each month in order to retain their sign up discount. This means that if you have a card that offers a $0 annual fee for the first year and you make your payment even one day late you are likely to lose that benefit. At that time the annual fee will revert to something else that was in the fine print of your application.

Some credit cards have valuable rewards packages. If you think the rewards will save you money then those are the discount credit cards you should look into. Cash back, frequent flyer miles, and shopping discounts are just some of the savings that are offered. Find the one you will use the most and it is likely your best deal.

If you are trying to get out of credit card debt you might find a card that has a 0% interest rate on balance transfers for the first few months or longer. This kind of deal can be a real money saver. If you are paying a high interest rate on another eligible card you can transfer it and not spend all of that extra money on interest. The trick is to pay that bill on time so that you don’t wind up having made the transfer only to start paying interest rates and other fees again.

No two credit cards offer the exact same deal. If you are looking for discount credit cards you first must establish what discounts are important to you. What might be gold for your budget might have no effect on another persons budget and vice versa. It is a personal decision that requires you to be brutally honest about your spending habits. In the long term though it can pay off as these discount credit cards save you money.

• Comparison of Top 10 Credit Card Offers

Editor's Choice: Our Top Credit Cards

Credit Card	Card Details	Interest Rate (p.a.)	Cash Advance Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Interest free days (up to)
HSBC Credit Card	Editor's Choice: 0% for 6 months Balance Transfer & No Annual Fee Featuring a $0 annual fee for life, and 0% p.a. balance transfer for 6 months, the HSBC Credit Card was voted the Best Transactor Credit Card for 2010.	16.99%	20.75%	0% for 6 months	$0	55
Suncorp Clear Options Standard Visa Card	A great 12 month balance transfer offer, combined with a low annual fee and a good interest rate on purchases.	12.24%	17.99%	1.9% for 12 months	$39	0