Credit Cards

Understand your credit score, debt and income, and apply for a card that fits your profile. Make your credit card application a no-brainer for the banks.

Understanding the basics can save you time, money and frustration and get you on your way to building good credit.

Different types of credit cards include rewards, low-interest and credit-building cards. When choosing a credit card, consider your spending habits and ability to repay the balance.

Managing your credit card isn’t just about repaying your closing balance each month. Every provider has its own set of credit card fees and rules of when they apply. If you’re not familiar with them, you can get stung by hefty and unexpected charges. Common credit card fees Annual fee Credit card companies often charge […]

The interest you pay depends on your purchase rate per annum and your balance; avoid interest entirely by paying your bill in full.

Getting approved for a credit card is very difficult if you have a bad credit score. And, even if you’re approved, you’ll probably be offered less favourable terms than an applicant with good credit.

Your bank issues a credit card statement every month, and it includes the minimum repayment amount due. The longer you hold credit card debt, the more lucrative you are to your bank. And with credit cards, the onus is on you, the consumer, to pay down the debt as fast as possible.  What is the […]

It can mean credit card theft, but there are legitimate reasons for them to appear on your statement, too.