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Could it be possible that one major credit card issuer actually penalises its cardholders for paying off their balance in full each month?
With more than 14 million personal credit cards in Australia, there is mounting pressure from consumers for card providers to be more considerate of the environment.
Is there no end to the rash of fees your card charges?
As the dust settles on Christmas spending and the real amount of money owed becomes agonisingly apparent to many consumers, the repayment juggling act begins and debt repayment battle plans have to be drawn up.
An almost audible groan from your letterbox, as the postie delivers your credit card statement, confirms what you suspect but really don't want to face: you spent way too much over the festive season.
Sure, you love the thrill of the purchase and flashing your plastic as much as the next person, but that doesn't mean you're out of control. You can stop anytime you want right?
If you struggle to pay off your credit card in full each month, you need the cheapest credit card you can find.
The recent hike in interest rates by Australia’s major banks independently of the Reserve Bank has brought the topic of debt and credit into sharp focus
Whether you view them as an evil curse or a godsend, there's no doubt that a credit card is an absolute necessity these days if you want to shop online. But if you dream of a world without high interest charges and fees you may want to investigate an alternative. Allison Tait looks at the credit cards you have when you're not having credit cards.
Choosing the "right" credit card from the 276 cards available has become a tricky business one that can have quite an impact on your wallet. Effie Zahos puts you on the right track.