I am interested in getting a credit card but am clueless as to what would be the best for me.
I am mainly interested in improving my credit score, obtaining flight points as well as insurance on my purchases. I am not quite keen on really using the credit card money and even if I do, I intend to pay it back well before I get charged on it. Would also like airport lounge passes as well as no annual fee on the card.
Also keen on hearing if it is a bad decision to get a credit card and to just get it later. I am quite financially responsible and am not the type to incur a credit card debt nor is it very tempting for me.
My general situation;
- Roughly 36k Annual Income for 2020/21 FY
- Payslips proving $1000-$2000 a fortnight for roughly the past 6 months.
- About 50K in savings
- Have debit cards with Commbank, ANZ and NAB.
- Full Time Uni hence HECS Debt (15k)