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Compare Credit Cards 01 What are you looking for in a credit card? Compare Get the best deal by comparing credit cards. Do a research and visit a credit card comparison website before making a credit card application. Comparing credit cards is crucial because if you don’t know the facts, you won’t get the best card available. It’s just that simple.
Low Rate Balance Transfer 02 The key points to consider when transferring your balance to another bank. ,[object Object]
How long do you have before the balance transfer rate runs out? It could be 6 months, 9, 12, etc., but you need to know.
Is there an annual fee?
Is there a limited time in which you have to instigate a balance transfer with the new bank – e.g. within three months of receiving the new card, or less?
What does the balance transfer apply to? The special rate of interest applies to the transferred amount only. It will not apply to any new purchases, nor to any new cash transactions made on the card—these will be treated differently to the transferred amount.,[object Object]
Is there an annual fee?  You may be paying more in fees than you receive back in rewards.
How do you earn your points? Points are earned when you spend on your card. You should never think it is a good move to spend purely to earn points. If you end up not being able to pay off your balance at the end of the month, the value of any points earned will be more than wiped out by your interest payments. ,[object Object]
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Compare Credit Cards

  • 2. Compare Credit Cards 01 What are you looking for in a credit card? Compare Get the best deal by comparing credit cards. Do a research and visit a credit card comparison website before making a credit card application. Comparing credit cards is crucial because if you don’t know the facts, you won’t get the best card available. It’s just that simple.
  • 3.
  • 4. How long do you have before the balance transfer rate runs out? It could be 6 months, 9, 12, etc., but you need to know.
  • 5. Is there an annual fee?
  • 6. Is there a limited time in which you have to instigate a balance transfer with the new bank – e.g. within three months of receiving the new card, or less?
  • 7.
  • 8. Is there an annual fee?  You may be paying more in fees than you receive back in rewards.
  • 9.
  • 13.
  • 14. Does an annual fee kick in after a certain time period, e.g. after one year?
  • 15. What is the interest rate? Look for the lowest interest rate available unless you are absolutely, without a doubt certain that you’ll be able to pay off your debt in full each month.
  • 16.
  • 17.
  • 18. Look for the lowest interest rate
  • 19. Check whether the rates are introductory rates or ongoing
  • 20. Check whether the card has a rewards scheme – but evaluate these with a fine toothed comb before going ahead, as you may lose out if you don’t
  • 21. Check for hidden fees and charges – read the fine print on the website before you apply
  • 22. Check what the cash transaction or cash handling fee is
  • 23.
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