‘Play With the Figures’ Featured Card: ANZ First Visa

It can be difficult to tell exactly how a particular credit card will benefit you, when everybody’s financial situation is so different. Today we launch a series of posts looking at exactly what will happen to your credit card debt and your general budget with a specific card. Our first is the ANZ First Visa credit card – keep reading to find out what happens when we ‘play with the figures’. Read the rest of this entry »

How Much Will Your No Annual Fee Card Cost You?

There are so many features that come with credit cards now that it is difficult to compare the benefits and drawbacks of different offerings. You need to weigh purchase interest against annual fees, factor in any rewards or cashback you might get, look at introductory offers such as waived annual fees or balance transfer interest rates for the first six months … and on top of it all, factor in your spending habits in the future! Read the rest of this entry »

4 Ways to Overcome Credit Card Psychology

When all you have to do is type a couple of numbers into a PIN-pad, and the helpful store clerk will let you have anything you like, it is very tempting to overspend on credit cards! That little piece of plastic just sits in your wallet, alongside your license. You don’t always directly work for it … so it’s very easy to see credit cards as free money, and difficult to stick to a budget on them. Even if your low rate credit card only charges you 10% per annum on purchases, that still makes every $100 purchase cost you $110 over a year. That’s the psychology of the credit card … so what are some practical ways to overcome it, have your credit-cake and eat it too?

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