Australian Credit Cards with No Annual Fee

Australian Credit Cards with No Annual Fee.

Some of the Australian banks issue credit cards without an annual fee, some only give the first year free, as an incentive to sign up, but others offer lifetime free.

Coles Mastercard – No annual fee ever.

First Year Annual fee: $0 p.a.… Read the rest

Average Australian Credit Card Balance Dec 2016

Australian Credit Card Financial Statistics December 2016.

The average outstanding balance of credit cards attracting interest charges in December 2016 was $1,914. This is the lowest December balance since 2004.

The average Credit Card spend per month, per card, was $1,705 in December 2016.

The average Credit Card transaction value … Read the rest

Foreign Exchange Transaction Fees

How Much are Foreign Exchange Transaction Fees in Australia.

Two actual cost examples for paying a cost in the United States from Australia:

NAB VIsa Debit Card: A US$106.20 cost A$145.35 when paying by Visa Card
Paypal: A US$100.00 cost A$128.00 when paying by Paypal

The main cost in the … Read the rest

Average Australian Credit Card Balance Dec 2015

Australian Credit Card Financial Statistics December 2015.

The average outstanding balance of credit cards attracting interest charges in December 2015 was $1,956. This is the lowest December balance since 2005.

The average Credit Card spend per month, per card, was $1,725 in December 2015.

The average Credit Card transaction value … Read the rest

How to Open a Bank Account in Australia

Requirements for Opening a Bank Account in Australia..

The general requirement to open a bank account is the need to provide 100 points of Identification.

Examples of Identification and applicable points for Bank Accounts:.

Birth certificate ?? 70 points
Citizenship certificate ?? 70 points
International travel document (e.g. passport) ?? … Read the rest

Australian Bank Mortgage Interest Rates – October 2015

Mortgage Interest Rates are Rising again in Australia.

Westpac increased Mortgage Rates by 0.2% to 5.68%
Commonwealth Bank increased Mortgage Rates by 0.15% to 5.6%
National Australia Bank [NAB] increased Mortgage Rates by 0.17% to 5.6%
ANZ increased Mortgage Rates by 0.18% to 5.56% for owner-occupiers

These new rates are … Read the rest

Average Australian Credit Card Balance Dec 2014

Australian Credit Card Financial Statistics December 2014.

The average outstanding balance of credit cards attracting interest charges in December 2014 was $2,105. This is the lowest December balance since 2005.

The average Credit Card spend per month, per card, was $1,766 in December 2014.

The average Credit Card transaction value … Read the rest