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What is a credit card and how does it work A credit card is an unsecured loan facility which is normally issued in the form of a small plastic card that can easily fit in a wallet and includes the credit card details, such as the credit card number and card name, and other encoded information...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

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

Apple is always on the lookout for new ideas, and this time they have turned their attention to credit cards of all things. Apple has announced that during the summer of 2019, it will be launching its new credit card in the United States and it claims that this card is superior to all other...Continue Reading

Using your smartphone to pay for transactions in stores makes lots of sense, after all, most people have their phone with them at all times – even more so than their wallet. Apps such as Google Pay make it possible to pay for goods and services using just your phone. What is Google Pay? Google...Continue Reading

As the number of publicly reported data breaches continue to mount the need to protect your personal information has become even more important. A virtual credit card is a new trend aimed at protecting credit card users from credit card fraud. So, what exactly is a Virtual credit card? A virtual credit card is a...Continue Reading

Want to find out how to use your iPhone to pay for transactions? Or perhaps, you have just switched over to an Apple phone and want to know more about paying with your mobile? In this article, we are going to explore how you can get the most out of your iPhone with Apple Pay....Continue Reading

Think about how often you use your credit card or debit card on a day-to-day basis. From online shopping to purchasing your groceries, you probably use this convenient form of payment at least once a day. And, while using credit cards to pay for your expenses is convenient, it comes with its own set of...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