We’ve devised these 9 cash personalities primarily based on 15 years of answering your questions and serving to discover your finest bank card. Now, you’ll be able to work out how you tick, and which sort of card fits your private cash fashion. Meaning no extra evaluation paralysis or sifting via 1000s of playing cards with no concept the place to begin. Isn’t that an enormous aid?
So, let’s get began!
How to determine your Credit score Card Persona:
Step 1: Learn via the High 9 Personalities
Step 2: Jot down one or two that you simply recognise in your self
Step 3: Use the fast hyperlinks that match your character sort to check playing cards and offers which are finest suited to you
Prepared to search out out what sort of bank card particular person you might be? Learn via and discover out!
You spend quite a bit each month, however no more than you earn. You simply have excessive month-to-month bills as a result of you’ve gotten a household to pay for, you’re self-employed or have a excessive “retail turnover” (fancy identify for having fun with procuring). You want to search out methods to scale back your bills and use completely different instruments to earn money for nothing.
As a Wholesome Spender, you possibly can be utilizing a bank card to earn rewards in your on a regular basis spending, save on abroad transaction charges and as a part of an offset package deal that will help you repay your own home mortgage sooner.
Your motto: Use cash to earn money!
⭐ Greatest playing cards: Rewards playing cards | Playing cards with Bonus Factors | No International Price playing cards | Frequent Flyer playing cards
Welcome! That is your first voyage into bank cards and also you hardly know the place to begin. You could be a scholar or a brand new everlasting resident in Australia. Perhaps you need to construct your credit score profile so you may get a house mortgage.
Regardless of the motive, you’re most likely on the lookout for one thing you’ll be able to sink your tooth into with out getting in over your head – a low-cost, easy-to-navigate bank card.
Your motto: Everybody begins someplace!
⭐Greatest playing cards: Credit score Playing cards for First Timers | No Annual Price playing cards | Low Curiosity-rate playing cards | Scholar playing cards
You watch your cash like a hawk. You want to save lots of and don’t thoughts following a finances; in any case, there’s nothing nearly as good as hitting a monetary objective like saving for a home deposit, paying off a mortgage, or reaching a financial savings goal. You’ve most likely been to seminars or learn books on cash, budgeting, or how you can enhance your retirement.
You normally learn evaluations earlier than committing to a brand new product and weigh up the professionals and cons fastidiously.
Your motto: Cash is a useful resource, so use it correctly!
⭐Greatest playing cards: Credit score Playing cards for First Timers | No Annual Price playing cards | Low Curiosity-rate playing cards | Scholar playing cards
You like any sort of deal: a reduction, two-for-one, voucher or cashback. You’ve a verified account with OzBargain and love the giddy zing of scoring a deal (even higher if it’s a sneaky one). If there’s a loophole you’ll use it; if there’s a coupon you’ll dig it out of the darkish internet. You’re happy with spending lunch breaks scouring the web for higher costs and practising your price-match haggle speech for unsuspecting retailer workers.
Your motto: By no means pay full worth!
⭐Greatest playing cards: Playing cards with Bonus Factors | Rewards bank cards | Playing cards with Cashback Offers | Playing cards with Particular Gives
You could not want or desire a bank card for each day, however you do need to have slightly emergency fund prepared simply in case. You would possibly actually have a nice bank card that earns rewards and offers you perks you utilize, however you additionally desire a separate wet day fund with decrease rates of interest for a real emergency.
Your ultimate wet day card has low or no annual charges, low rates of interest and suppleness.
Your motto: Be ready!
⭐Greatest playing cards: No Annual Price playing cards | Low Curiosity-rate playing cards | Playing cards with 0% Buy Gives
You employ know-how for every thing: getting a dopamine hit in your 10,000th step, paying along with your ring, ordering a mocha through an app and sending cash utilizing only a telephone quantity. You’re eager to see what’s altering because the banking world is disrupted by new improvements, neobanks and cryptocurrency.
Your motto: Early adopters rule!
⭐Greatest playing cards: Google Pay, Apple Pay and Samsung Pay playing cards | Crypto playing cards | Credit score Union playing cards | Frequent Flyer playing cards
Price range? Balances? Nope – you purchase issues that you really want and don’t fear an excessive amount of about how a lot money goes out and in. You’d slightly have a root canal than take into consideration sticking to a good finances.
For splurgers, there’s all the time the danger that the credit score restrict appears like ‘free cash’. You would possibly even be an Indebted Splurger, if you have already got cash owing on one other bank card (wherein case you’ll be able to have a look at stability transfers that will help you get on high of your debt).
Your motto: Cash is for spending!
⭐Greatest playing cards: Playing cards with 0% offers on purchases and stability transfers | Low interest-rate playing cards | Playing cards with good stability switch offers
You run a enterprise, regardless of how huge or small. You’re a Sole Dealer with an ABN, or a small enterprise guru, or the CEO of a mega-corp; both manner, you prefer to be good about your online business funds. You’re on the lookout for methods to handle cash higher, particularly you probably have staff with firm bills. You need higher methods to save lots of on bills, finances simpler and make each greenback depend. If each greenback earns rewards, even higher to your backside line.
Your motto: Earn on bills!
⭐Greatest playing cards: Enterprise playing cards | Company playing cards | Gas playing cards | Playing cards that earn factors on ATO spending
The best way to use your Credit score Card Persona
Each day, somebody asks me what bank card they need to get. However, it’s a bit like asking what automotive you can purchase; it relies on how far you’ll drive, what you’ll use it for, and even how assured you might be on the street.
Identical to automobiles, the bank card that’ll work finest for you’ll change as you journey alongside in life. It’s okay to have a number of bank cards in a single lifetime – they’re a instrument for perks, freebies, serving to get on high of debt, having as an emergency fund and knocking years off your own home mortgage.
When you’ve learn via the 9 cash kinds and might see what sort of spender, saver or deal digger you might be, you’ll instantly have laser-focus on the precise forms of playing cards that may reward the way in which you reside.
Utilizing the comparability guides and evaluations
Whenever you use a comparability information, you’ll see the highest playing cards listed in a desk. Right here’s a fast 1-2-3 on utilizing the information.
1. Use the toggles to type by the function, as an illustration, by the quantity of bonus factors, the rate of interest or the annual charge. It’s a simple strategy to spotlight the function you’re most eager about.
2. Click on the cardboard to learn our evaluation. Our evaluations are written by actual individuals and we do our greatest to provide you all the knowledge you want in regards to the card and its provides.
3. Hit “Go to supply” to be redirected to the issuer web page the place yow will discover out extra and submit an software.
On each web page, you’ll be capable to ask me a query by clicking the blue speech bubble. We purpose to get again to you in a enterprise day or so.
Good luck and completely happy card looking, no matter sort of particular person you might be!
