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.
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.
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.
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%.
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.
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.