Browsing Queensland » Credit Cards » Gold Credit Cards
Related Categories: Credit Cards, 0% Balance Transfer Credit Cards, 0% Purchase Credit Cards, Balance Tranfer Credit Cards, Business Credit Cards, Frequent Flyer Credit Cards, Platinum Credit Cards, Low Interest Credit Cards, No Annual Fee Credit Cards, Rewards Credit Cards
When it comes to getting a credit card Australians prefer those that offer low interest rates, a good credit line and flexibility in terms of making monthly payments. For those who have good to excellent credit rating, there is the possibility of stepping up to a gold card.
Gold and platinum cards have been around for the past few decades, but what exactly is a gold card Australians can get and is it right for your needs?
Essentially, a gold card is pretty much an improved version of a standard credit card. It was designed as a reward for those who have demonstrated excellent skills with managing their current credit cards as well as their overall credit rating.
Gold cards offer many advantages over standard credit cards and for many offer a greater convenience in making purchases and keeping track of their finances. As with standard credit cards, they offer certain advantages and disadvantages based on their use.
Higher Credit Limits: Many gold cards offer credit limits that may be twice as high as limits on standard cards or even higher. This is arguably the main advantage of having a gold credit card, especially if you find yourself in a financial crunch or need to make a big purchase quickly.
Lower Interest Rates: Another great advantage of having this type of card is that the interest rates are generally lower than standard credit cards which means that you pay less money per month with the same balance.
Greater Purchase Protection: This may vary between gold credit cards Australians use on a daily basis, but essentially the purchase protections of this type of card are superior than the standard version.
In addition, you may get extended warranties on items you purchase as well as more reward points depending on the program that you have chosen. Overall, there are a considerable number of advantages when using a gold credit card.
The disadvantages are all tied to the usage of the gold card itself. Essentially, you have more money at your disposal so the chances of overextending your actual credit amount is greater. This means that you will need to resist the temptation to pay more than what your budget allows so that you can keep your credit amount under control.
Overall, getting a gold credit card Australians have used for many years will depend in large part on your own personal finances and whether you want to take the extra responsibility for having this particular type of card. For most people, having a gold card is definitely worth the extra responsibility as it offers a lower interest rate which can save you money.
Plus, having a higher credit limit can be advantageous if you ever need to make a big purchase as the lower interest rate may help you save money. This is especially true in emergency situations that may present themselves as well. Basically, if you can keep your spending under the same limits as before you received the gold card, then it should work for your needs.
400 Ruthven St
TOOWOOMBA, Queensland 4350
Australia
Heritage Bank is the biggest customer owned or mutual bank in Australia, and has over $8.5 Billion in assets.
64 Elbow Street
West Kempsey, New South Wales 2440
Australia
Coastline Credit Union Limited is a state credit union in
6 Tilburn Rd
Deer Park, Victoria 3023
Australia
A public company founded in 1963, Circle Credit Co-operative
Level 4, 2-12 Macquarie St
Parramatta, New South Wales 2000
Australia
AMP Bank Limited is an Australian financial institution that
10/833 Collins St
ANZ Centre
Melbourne, Victoria 3000
Australia
Australia and New Zealand Banking Group Limited, also known
16–20 Barolin St
Bundaberg, Queensland 4670
Australia
Auswide Bank Ltd, formerly known as Wide Bay Australia has
Level 4, 2-12 Macquarie St
Parramatta, New South Wales 2000
Australia
AMP Bank Limited is an Australian financial institution that
(4736 Finance Enquiries since 27-04-2015 05:16PM)
10/833 Collins St
ANZ Centre
Melbourne, Victoria 3000
Australia
Australia and New Zealand Banking Group Limited, also known
(1858 Finance Enquiries since 28-04-2015 02:16PM)
16–20 Barolin St
Bundaberg, Queensland 4670
Australia
Auswide Bank Ltd, formerly known as Wide Bay Australia has
(1174 Finance Enquiries since 28-04-2015 02:52PM)
259 Queen St
Brisbane, Queensland 4000
Australia
Bank of Queensland Limited is one of the oldest financial
(1285 Finance Enquiries since 28-04-2015 03:13PM)
Level 5, 350 Collins Street
Melbourne, Victoria 3000
Australia
Bank of New York Mellon Australian services include
(1261 Finance Enquiries since 30-08-2015 03:46PM)
Preparing for retirement is a challenging thing for most people. It’s so easy to get caught up in the present that you forget about your financial well-being in the future. The unfortunate thing is that most people do not spend enough time planning for retirement.
The forex market is the most active and liquid exchange platform in the world. Similar to the ASX, the forex market allows investors to trade security instruments; specifically, forex traders deal in fiat currency. this paper discusses profiting from currency exchange fluctuations in the Forex
Looking to cut inefficiencies in your business? Of course you are, or at least you should be. Cloud computing allows you to run your small business more efficiently while saving you time and money, read on to see how Cloud Computing can help your business boost it's output.