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Best Australian For Life Balance Transfer Cards
Interest rates on cards and loans have increased rapidly over the years in Australia and the search for a good balance transfer card has never been more important. The credit cards are similar to the other Visas, American Express and MasterCard. The only difference is that you can transfer the balance from your old cards to a new one which reduces the number of payments you have to make. With these cards, you are able to consolidate your credit card debt while saving thousands of shillings on the interest you pay on the cards. In Australia, there are several t cards that can help you do exactly this including:1. Citibank Gold Credit CardIt is a high-end card which has a 2.9% interest rate per year for 12 months. Its rewards program is extensive and also offers you free international travel insurance. If you want to give this card a try, you can apply for it online and get a response in less than a minute. With this card, when you make other purchases you get up to 55 days interest free therefore it will be a great card to have.2. Wizard Clear Advantage MasterCardThis credit card has no annual fee as long as you hold the account and you will receive 4.99% interest per year for six months on your balance transfers. The best feature about this card is that you are not charged for your ATM withdrawals, overseas transactions and cash advances. The regular interest paid is 18.49 per year but you get 55 days interest free.3. Commonwealth Bank No Annual Fee Credit CardWith this card, you are issued with a MasterCard if you are eligible and get 5.99% for 5 months on your balance transfers. The card allows you to add another additional cardholder for free with a regular interest of 18.39% per year.4. Commonwealth Bank Awards CardThe card is also a MasterCard that comes with a 5.99% interest charged per year for 5 months on the balance transfers. The annual fee paid is $59 while another cardholder is charged $15. Its awards program is among the best and includes airfare, appliances and cash back. The regular interest rate on the card is 20.14% per year.5. Macquarie Bank Platinum Credit CardIt offers you the opportunity to have a Visa card with zero interest for six months. The annual fee for the card is $200 including four complimentary additional cardholders. An incentive program issues you 1.25 points for each dollar that you spend. The regular interest is 19.95% per year with 55 days interest free.