Ratehacker: April's Best Credit Card, Savings Account And Home Loan Deals

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In our monthly Ratehacker round-up, Jeremy Cabral from comparison site finder.com.au highlights the latest credit card deals, plus the best savings accounts and home loans.

Credit Cards

Feature: 0% balance transfer

NAB Low Fee Platinum Card: 0% per annum for 25 months on balance transfers 25 months means you have more than two years to pay off your credit card debt without attracting extra interest. The $90 annual fee is also very low for a platinum card. When the 0% deal ends, any balance will start attracting interest at the cash advance rate (currently 21.74%). This offer is only available for applications through finder.com.au.

Feature: Bonus frequent flyer points

American Express Qantas Ultimate Card: 100,000 bonus Qantas Frequent Flyer Points To earn those bonus points, you need to spend $3,000 on eligible purchases in the first three months. The card also includes $450 Qantas travel credit and offers points earn rates of up to 1.5 points per $1 spent, with 2.5 points per $1 spent if you book Qantas flights. Applications for this deal close on 9 April 2018, so get in quick if you're keen.

Feature: 0% purchase rate

Virgin Australia Velocity Flyer Card: 0% purchase rate for 14 months As well as offering no interest charges on purchases for the first 14 months provided you pay off the balance each month, there's an optional 0% balance transfer for six months from your existing card. While there's an annual fee of $129, you also receive a $129 Virgin Australia gift voucher, effectively covering that cost.

Home Loans

Feature: Variable rate home loan

loans.com.au Essentials Home Loan: 3.54% per annum comparison rate This remains one of the cheapest mortgage offers on the current market. To qualify for this low-rate loan, you'll need a 20% deposit and must be borrowing for a property you plan to live in. The loan also offers free redraw and extra repayment facilities.

Feature: Fixed rate home loan

Greater Bank Ultimate Home Loan: 4.44% per annum comparison rate fixed for 3 years If you'd prefer the certainty of a fixed-rate loan, this is a competitive offer. One restriction: this loan is only available for the purchase of properties in NSW, Queensland or the ACT.

Savings Accounts

Feature: Bonus interest rate

RaboDirect High Interest Savings Account: 3.05% per annum introductory rate High interest savings accounts aren't offering spectacular rates right now, with this being one of the few to offer above 3%. The bonus rate applies for four months to balances under $250,000, and then reverts to 1.80%.

Personal Loans

Feature: Risk-based interest rate

Citi Personal Loan Plus: Interest rate from 8.99% This unsecured personal loan offers a customised interest rate based on your risk profile. If you've got a good credit history, the low rate of 8.99% is one of the lower options on the market right now. If you're a higher risk, the rate could range as high as 17.99%. You can borrow up to $75,000 with a 3-, 4- or 5-year term.

Travel Insurance

Feature: Policy discount

Tick Travel Insurance: 10% off all premiums Receive a discount on your travel insurance with this finder.com.au exclusive coupon.


Jeremy Cabral is the Global Head of Publishing for finder.com.au which includes tools to compare credit cards, savings accounts, energy deals, cryptocurrencies mobile & broadband plans, and a constantly updated database of discounts and coupon codes. Connect with Jeremy on Twitter, Medium and LinkedIn.


Comments

    "0% purchase rate for 14 months As well as offering no interest charges on purchases for the first 14 months provided you pay off the balance each month,"

    You might wish to re think this bit!

      Yes don't most credit cards offer 0% interest on purchases 'for life' if you pay off the balance each month if this card will only do that for 14 months that's a negative not a positive

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