1. No annual fee for the first year. This means you save a whooping amount of $89, and makes it cheap in comparison to other gold cards.
2. You can select up to 5 purchases, each amounting to a minimum of $500 and block them. You enjoy 90 days interest free period on the purchase amount, or pay a lower interest of 10.99% per annum for 120days. Consider this with a credit card, where you would have paid an interest of about 18%.  Thus, you are looking at huge savings in interest cost.

Some of the other benefits are:

1. Free International travel insurance: You need to check as to what is included and what is not, in the insurance cover.
2. You can make use of the card, any where in the world, as it is a visa card.
3. You get access to HSBC Gold Reward plus program. Here, you can earn up to 120000 points per annum. These points can be accumulated over a period of 3 years.
4. You earn 1 point for every dollar spent.

By offering a waiver of the annual fee for the first year, HSBC Gold Visa card has truly brought you a deal worth taking. HSBC also offer a range of American Express credit card offers.

1. Low Interest rate of around 10.99% on purchases made.
2. Interest rate of around 19.99% on cash advances. It should be noted that interest free credit is not applicable to cash advances. Hence, if at anytime, you overdraw cash, repay it at the earliest.
3. Interest free credit on purchases made up to 55 days.
4. Balance transfer at 0% for the first six months. These six months are counted from the date when your St. George Vertigo Master Card was processed, irrespective of the date when actually the balance was transferred.
5. Annual fee of $55 per annum
6. Minimum credit limit is $500. This is ideal for students and as an add-on card.
7. In addition to this, you get an additional card for family or friend
8. You can link with card to access your St. George account.
9. All the transactions are completely secured. You will not be liable for unauthorized use of the card, unless the unauthorized use is caused by your fault.

Points to remember
You can enjoy a 55 day interest free credit on purchase only if you make full payment within 55 days. This means that if you make purchases worth $1000, and pay within 55 days, you don’t have to pay interest. But if you make part payment of say $500, then, interest will be calculated on the balance $500 from the date of purchase. Also, you will not enjoy interest free credit on purchases, till the amount debited on account of balance transfer remains unpaid. Therefore it is always advisable to make any repayments due on credit card in the same month.

So, if you are looking for a cheap card, with all the benefits, you’ve got a deal with St. George Vertigo Master Card.

1. Low rate of interest: You pay a competitive low interest rate on purchases and cash advance.
2. Enjoy a low interest rate on balance transfers.
3. Low annual fees at $49 per annum
4. You enjoy interest free credit on purchases up to 55days.
5. Your online transactions are completely secured with an anti fraud system.
6. You can access your account any time, any where via phone banking and internet banking.

With Aussie Master Card, you can apply for Master card secure code, absolutely free.  The bank and the places where the master card is accepted, enter in to an agreement. There will be confirmation by both the bank and the party to whom payment is to be made, before actual payment is made. A secure code is similar to a Pin code of an ATM card. This makes your online transaction completely secured. When you shop with your Aussie Master Card for the first time, the establishment will ask you to fill up an online form. All your future transactions will be secured.

The Aussie MasterCard is a no frill card. You enjoy all the benefits of a credit card, at a much cheaper rate.

Thus, if you are looking for a cheap card, with all the advantages, then, Aussie Master Card is worth the deal.

Want to learn more about the Aussie credit card?

Whether you sign up for credit card rewards that offer you discounted petrol, discounted grocery shopping, discounts on certain stores or flights and accommodation. In the long run you will save yourself money.Just make sure you make the payments when they are due and you will never have any problems. In today’s society Credit Card Companies offer you added security with your cards and request that you add a pin to your card to protect yourself and your hard earned money. Credit Cards save you time and make things a lot more convenient when paying for shopping, concert tickets, airline tickets and accommodation No need to carry around wads of cash to pay for things. So if you are good with budgeting and know your spending limits, forget about the doom and gloom new of The Global Financial Crisis leave all that up to the politicians and sign up for a Credit Card you just need to choose the one that is right for you.

On the flip side this new regulation could mean the end to the 0% balance transfer offers in the United States as this new law makes it hard for credit card companies to make a substantial profit on this offer. The new credit card regulations are long overdue in America as for years credit card issuers have been conspiring to make more and more profit every year for the shareholders. This is just the tip of the ice burg for new financial regulations in America that are much needed to avoid a repeat of the latest financial crisis. Australia on the other hand has had a heavily regulated finance sector that puts them is good stead to ride out this storm by protecting Australian consumers from the malice practices of their counterparts in the United States.

Source: Wall Street Journal

Editorial Notes: In tough times like these Australians may feel the need to head in the same direction as America by increasing credit card debt. With increases in job losses, the stock market crash and the increase in the cost of living one can be tempted to increase credit card expenditure to make ends meat. If you are using a credit card to compensate for hard times it is important that you pay off the outstanding balance monthly to avoid hefty interest rate repayments. If you are using a credit card with a high interest rate compare credit cards and move to a new low interest rate credit card. With balance transfer offers you can potentially move from a 20% interest rate to a 11% rate with 6 months at 0% to pay off your previous credit card balance. What do Australians need to do about the credit card situation? Do we rely to much on credit cards in Australia? How many people are still using credit cards that charge over a 20% interest rate?

Source: Wall Street Journal

Editorial Notes: As Australians we can learn from the mistakes of credit card holders in America. The credit crisis is hitting everyone hard and it is times like this that our budgeting skills need to be at there best. During this period of economic hardship it is especially important to watch how we use our credit cards. You do not want to get caught into the trap of paying off a large credit card debt with a high interest credit card. At the moment there are many balance transfer deals that are offering a 0% balance transfer for 6 months to a new lower interest credit card. If you are someone that is paying an interest rate of around 20 percent, you now have the opportunity to transfer to a credit card with an interest rate in the low teens….What do you think about the balance transfer credit card offers? Has anyone ever had a bad experience with a balance transfer deal? We would like to hear what you have to say Australia.

Source: Wall Street Journal

Editorial Notes
This entry shows how the big banks in the United States are jacking up there fees and charges in order to compensate for the international credit crisis. Could this trend occur in Australia? If so what do you think about this tactic by the big American Banks?