![]() Nearly every bank in Australia offers a credit card with no annual fee on an ongoing basis or for the first year. What is the best no annual fee credit card? Generally, these cards tend to be very basic in terms of their features and offers, although some have rewards. Cards with waived annual fees usually have an introductory offer of some sort, for example, an interest-free balance transfer, no interest on purchases, or rewards.īy comparison, some cards have no annual fee ever. Banks waive annual fees to attract new customers who may be deterred from signing up by the annual fee. These are cards that have had their annual fee waived, usually for the first year. You may notice that some cards listed on this page have no annual fee for the first year. However, there are a few – but only a few – rewards and frequent flyer points cards, or cards with some limited complimentary benefits, with no annual fee. They are aimed at the budget end of the market, or beginner credit card users, and are a good way to find your feet in the world of credit cards without spending too much. travel insurance, airport lounge access, free flights). Most credit cards that come without an annual fee also come without rewards or frequent flyer points, and without extensive complimentary benefits (e.g. In these respects no annual fee credit cards do not differ from the most expensive credit cards on the market. they can be used with Apple Pay and Google Pay), plus high security features (chip and PIN, security codes delivered by SMS, fraud monitoring). They conform to exactly what it says on the tin: you won't be charged an annual fee for having a credit card account and using the card for purchases, bill payments or cash advances.Īll Australian credit cards come loaded with technology, in the form of NFC contactless payment ('Tap & Go') and in most cases mobile contactless payment (i.e. Where other cards may charge annual fees in the range of $30 to $1,450 (and even more for prestige business cards), credit cards with no annual fees charge precisely $0. Here's what to look out for and how to choose one. For many Australians, that's a no annual fee credit card. You might want a credit card that can be kept in reserve for emergency use. ![]()
0 Comments
Leave a Reply. |