Business
No-interest credits cards launched, but are they really cheaper? – Sydney Morning Herald
How does the cost stack up with other credit cards – particularly low-rate cards? You be the judge.
The new offerings
The NAB and CBA no-interest cards are similar.
NABs StraightUp Visa card and CBAs Neo MasterCard both have a fixed monthly fee if you carry over a balance that month. This, and the minimum repayments, vary according to your limit, which is a maximum of $3000.
If there is no outstanding balance and the card is not used in a given month, the monthly fee is reversed.
The CBA Neo monthly fees are higher: on the $1000, $2000 or $3000 available limits, they are $12, $18 and $22, …
-
Noosa News15 hours agoFlatmates of missing teen Pheobe Bishop, 17, identified
-
Noosa News17 hours agoTully Sugar Mill celebrates 100 years of cane harvesting amid floods and cyclones
-
General21 hours agoOne person dead after house fire in Melbourne’s south-east
-
General14 hours agoPostecoglou’s message touches Blues AFL coach Voss after Spurs’ Europa League win