Hi guys looking around for a new credit card
Any decent deals that I should investigate?
28 degrees looks to be popular, looking for no annual fee as it won’t get used a lot more as a back up.
If you can advise of anything that would be great.
Thanks in advance.
https://www.ozbargain.com.au/tag/credit-card
Can churn through cards to claim sign-up bonuses. Many deals will waive annual fee first year. You can cancel before 2nd year fee is charged, or cancel as soon as sign up bonus is received.
Note however that churning through cards often might impact your credit score.
Do not get a credit card to go into debt. Pay off every month on time and don't spend beyond your means.
Churning cards can also have a positive impact. It shows you can manage debt, make regular payments, then remove a debt source when it's not needed.
is there a trick to consistently doing it though?
I've been churning for a while. initially my score went up to about 850. last few months it's dropped significantly to 730.
Is there somewhere you can check your credit score?
Bankwest platinum for international transactions with no annual fee ever. Only bad thing is it doesn't have any rewards or cashback.
Amex still have a 'free' credit card. I've had mine for a while with .75 qff on every $ purchase but I don't know if this one is still available.
https://www.ozbargain.com.au/goto/555810
No annual fee in the first year. 75,000 QFF points if you spend $2,500 within 3 months.
Feel free to ask the same question again in one year's time (or earlier, if you have decided to close the card earlier).
Coles no annual fee CC, 20k bonus flybuys pts, ends 31 AUG.
https://financialservices.coles.com.au/credit-cards/choose-y…
The credit card deals can be found here:
https://www.ozbargain.com.au/cat/financial