With retail down 0.8% in July, Australians are cutting back on their spending and searching for ways to save money. Did you know you can save as much as $617 just by switching to a new card? Read on…
A recent survey by CreditCardFinder.com.au found that 79.5% of credit card holders have never changed credit card provider, just imagine the saving you could have just by comparing rates online.
Jeremy Cabral, Publisher of CreditCardFinder.com.au says, ‘The message to consumers is simple; there are no rewards for staying loyal to your bank.
Switch to a new card today for a better deal. Loyalty bonuses don’t exist from credit card providers. It’s easy to compare cards on the market and switch. You can do it in your lunch break in as little as 15 minutes online”
Australians with a $3,300 balance on their credit card at a rate of 18% p.a. can save $407 over 9 months by switching credit card provider.
Australians with a $5,000 balance on their credit card at a rate of 18% p.a. can save $617 over 9 months by switching credit card provider
Mr. Cabral says there are multiple benefits of switching credit cards given that banks reserve some of their best perks for new customers who switch.
These include:
1. 0% p.a. interest on purchases.
2. 0% p.a. interest on balance transfers.
3. Frequent flyer bonus points on sign-up
Check out these introductory purchase rate credit card if you’re looking to switch ASAP for endless benefits!