How to Fund your Wedding with Credit Cards and Maximise your Rewards

Marriage can be either exciting or stressful – regardless of which, funding a wedding will always be expensive. One of the easiest way to meet this short term funding strain is by employing the use of one or more credit cards. The following information in this article will explain which credit cards you can use to maximise the savings and rewards from using a credit card for your wonderful wedding.

There are a few prerequisites for the suggestions and strategies listed in this article to work:

• Over 18 years of age – You need to be 18+ for a lot of the rewards programs.
• Australian residency/citizenship
• A relatively good credit history – this is necessary since you will need to be obtain a high enough credit limit to match the expenses of the wedding.

Free flights for your honeymoon!

For starters, you’ll want to earn frequent flyer points from spending on your wedding via a credit card with a generous rewards or cashback program. Some credit cards you may want to consider are:

Reward Program Credit cards for Weddings

• Qantas American Express Rewards Card: Another great offer from American Express, if you don’t already own a reward credits card, the initial 5000 free points that come with the Qantas card are a great way to get you started. See here for more details.
• BP Citibank MasterCard: Features incredible 5% cashback at BP offers along with 0.5% everywhere else. The best choice if you’re more interested in shopping and petrol cashback than rewards. See here for more details.
• Commonwealth Bank Awards Card: A generally balanced rewards card with excellent all-round features. See here for more details.

Once you have spent the entire wedding funds with your rewards card and capitalised on the benefits, it’s then time to switch to your second card, one with a low interest rate and low balance transfer rate to limit the repayments to the absolute minimum. Both the St.George Vertigo and ANZ Low Rate offer good introductory balance transfer periods:

Low Interest/Balance Transfer Credit cards for Weddings

St.George Vertigo MasterCard: Arguably Australia’s most popular credit card at the moment, it’s really an incredibly competitive offer that you shouldn’t pass by. See here for more details.

ANZ Low Rate MasterCard: Very close in features to the Vertigo, with a few extra / less features, such as the ability to customize your credit card with your own image. See here for more details.

If you simply source your wedding from one credit card, you can reap the reward benefits but end up being plagued with high interest rates and annual fees typically associated with reward programs on credit cards.

Likewise, a credit card with generous interest and repayment features won’t have many, if any, reward offers.

The main trick with this dual credit card scheme is to take advantage of the initial introductory balance transfer period of 0% for the first 6 months. Best of luck maximising your savings and reward points for your upcoming wedding, or save a family or friend potentially thousands.

Check out today's featured offers:

Westpac Low Rate	Citibank Clear Platinum	Qantas AMEX Discovery	ANZ Platinum
0% p.a. for 6 months on purchases & balance transfers	2.9% p.a. for 12 months on balance transfers	$0 annual fee Up to 10,000 Bonus QFF Points	0% p.a. for 6 months on purchases & balance transfers

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Popular Credit Card Offers

			Interest Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Cash Advance Rate (p.a.)
	Westpac Low Rate Card - 0% Offer	A credit card with a low rate offer on both balance transfers and purchases, plus a low annual fee.	0% for 6 months (reverts to 13.49% )	0% for 6 months	$45	21.49%
	Citibank Clear Platinum Card	Competitive interest rate on purchases and balance transfers offer.	11.99%	2.9% for 12 months	$99	21.74%
	St George Vertigo	Take advantage of this great offer from St.George with a low rate on purchases and a low balance transfer offer.	13.24%	0.99% for 12 months	$55	21.49%
	ANZ Platinum Credit Card	An introductory interest rate offer on balance transfers and purchases, plus a $0 first year annual fee.	0% for 6 months (reverts to 19.24% )	0% for 6 months	$0 annual fee for the first year( $87 thereafter)	20.99%