What Is The Ideal Credit Card For Me ?

The ideal credit card for you is going to be one that meets all of your needs and has everything you want all packed into one credit card. Once you have determined what you are looking for in a card, you can start doing a comparison to find the right card.

Low Interest Credit Card

The low interest St.George Vertigo MasterCard is a great value credit card offer. Benefit from low interest rates on purchases, and balance transfers, and also a low on-going annual fee.

• $55 annual fee
• 13.24% p.a. on purchases
• 0.99% p.a. for 12 months on balance transfers
• Cash Advance Rate of 21.49% p.a.
• 55 days interest free
• Minimum Income Requirement of $15,000 p.a.

Read the St George Vertigo terms and conditions.

Finding the ideal credit card

If you spend a little time doing a credit card comparison you’re sure to find the ideal credit card for you. It may take a little bit of digging, but the time is well spent since you will probably have this card for many years.

Look for a card with a low interest rate on purchases

A low interest credit card is always a positive feature of a credit card. If rewards are not of great importance to you, you can find a good no frills low rate credit card between 10%-13%.

Making payments

Finding the ideal credit card for you involves being honest and deciding if you’re going to be able to meet your monthly payment obligations regularly. It is easy to say that you will before you get your credit card, but if you have had a problem paying bills on time in the past, it is best to address this at the beginning and be completely honest about it.

If you think there are going to be times when you have to carry over a balance from one month to the next you should look for a card with a low interest rate on purchases. This way, you can do your best to make all the payments in full but if you make a mistake one month and can’t pay it you won’t be stuck paying an enormous interest rate.

Understanding

You need to make sure that you understand everything that is being offered with the card. Read all the small print and go over it a few times. If you don’t know what all the terms such as APR and grace period mean you should find out. Sometimes they are explained on the credit card agreement, but if you can’t find them there contact the credit card provider before making a final decision.

You should also clear up your understanding on the following terms when you are searching for the ideal card.

• Cash advance interest rates.
• Annual fee.
• Penalties.
• Fees for going over the limit.
• Charges for late payments.
• How interest rates can be changed.
• Anything else that you do not fully understand.

Cash advances can be very draining on a credit card since the fees and interest rates are very high. Don’t count on using your credit card to get money out of the ATM every time you need it. Have a debit card at your disposal to withdraw cash at these times.

Annual fees

The ideal card for you may not be one without an annual fee. If you are going to be carrying over a balance for a month or two you may want to get a card with an annual fee since the interest rate on these cards is usually much lower than cards without this fee.

Interest rates

It is the same for cards with low interest rates. If you don’t plan on using your card too often and want to have it for emergencies only then it doesn’t make sense to pay a high annual fee to save on interest rates. If you don’t have to use it for an emergency situation, why pay an annual fee when you haven’t even used the card?

Rewards

If you get a rewards card you may have to pay extra for other features and benefits. There may be a higher annual fee, interest-rate or both. It may seem like a good deal at first, but it may not be the ideal card for you. If you are looking for a rewards card make sure that you check out the features available and whether it will cost you more to own the card than the benefits you get out of it.

If you follow the suggestions listed above you will be able to find your ideal credit card much easier. There is a card that is out there just waiting for you to claim it, and all you have to do is look for it.

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%