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An interest free credit card or a zero interest credit card is a credit card that charges no interest for a fixed period, usually 6 to 12 months, after which interest is charged at the standard rate of the credit card. The name "interest free credit cards" is, therefore, a bit misleading since these cards...Continue Reading

A Balance Transfer Credit Card is a credit card with a significantly lower interest rate for balance transferred from another credit card, and a separate higher rate for newly incurred debt. Essentially, a Balance transfer credit card has a separate interest rate for the balance you transfer to it and another for newly incurred debt on...Continue Reading

At CreditCardsCompare.co.nz we are always trying to uncover information about the credit card industry, but our recent survey threw up some surprises even for us, so we’ve decided to publish our findings on here. One in 3 New Zealanders will take on credit card debt to pay for holiday or leisure, and another 1 out...Continue Reading

You might have noticed that credit cards with low interest rates do not tend to come with rewards whereas credit cards with reward schemes tend to have higher interest rates. This begs the question: are the reward points worth the high interest rate? Before we delve into the pros and cons of each of each...Continue Reading

Your credit score is important because it plays an important role in deciding if your loan or credit application gets approved and how much you get approved for. It can be frustrating when your application gets turned down, but fortunately, there are some practical and simple things you can do improve our rating as outlined...Continue Reading

Paying off a high interest debt can be daunting, but luckily there are some options to help get you out of debt. If you are reading this article, you have probably heard of balance transfer credit cards and debt consolidation loans, and are wondering which of these two might be more suitable for you. In...Continue Reading

Credit cards are a great thing, a ready source of money in case of an emergency or to buy that new dress, plus some credit cards come with great rewards and are the payment method of choice on the internet. However, if not used properly credit cards can lead to long-term debt. It is important...Continue Reading

We all know that it is handy to have a Credit Card with you while travelling in case you run out of money and get stranded. But using your credit card overseas is a bit different from using it in New Zealand. There are a few important things to consider before you set off on...Continue Reading