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 possibly can work out how you tick, and which sort of card fits your private cash model. Meaning no extra evaluation paralysis or sifting by way of 1000s of playing cards with no thought the place to start out. Isn’t that an enormous reduction?
So, let’s get began!
How to determine your Credit score Card Character:
Step 1: Learn by way of the Prime 9 Personalities
Step 2: Jot down one or two that you just recognise in your self
Step 3: Use the fast hyperlinks that match your character kind to check playing cards and offers which are finest fitted to you
Prepared to seek out out what sort of bank card individual you might be? Learn by way of and discover out!
You spend so much each month, however no more than you earn. You simply have excessive month-to-month bills as a result of you’ve 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 seek out methods to scale back your bills and use completely different instruments to earn cash for nothing.
As a Wholesome Spender, you would 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 bundle that can assist you repay your house mortgage sooner.
Your motto: Use cash to earn cash!
⭐ Greatest playing cards: Rewards playing cards | Playing cards with Bonus Factors | No International Payment playing cards | Frequent Flyer playing cards
Welcome! That is your first voyage into bank cards and also you hardly know the place to start out. You may 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 purpose, you’re most likely on the lookout for one thing you possibly can 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 Payment playing cards | Low Curiosity-rate playing cards | Pupil 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 pretty much as good as hitting a monetary purpose 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 one can increase your retirement.
You often learn critiques 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 properly!
⭐Greatest playing cards: Credit score Playing cards for First Timers | No Annual Payment playing cards | Low Curiosity-rate playing cards | Pupil playing cards
You like any sort of deal: a reduction, two-for-one, voucher or cashback. You’ve got 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 pleased with spending lunch breaks scouring the web for higher costs and practising your price-match haggle speech for unsuspecting retailer employees.
Your motto: By no means pay full value!
⭐Greatest playing cards: Playing cards with Bonus Factors | Rewards bank cards | Playing cards with Cashback Offers | Playing cards with Particular Presents
It’s possible you’ll not want or desire a bank card for day-after-day, however you do need to have a bit emergency fund prepared simply in case. You would possibly actually have a nice bank card that earns rewards and provides you perks you employ, however you additionally desire a separate wet day fund with decrease rates of interest for a real emergency.
Your superb wet day card has low or no annual charges, low rates of interest and adaptability.
Your motto: Be ready!
⭐Greatest playing cards: No Annual Payment playing cards | Low Curiosity-rate playing cards | Playing cards with 0% Buy Presents
You employ know-how for all the things: getting a dopamine hit in your 10,000th step, paying together with your ring, ordering a mocha by way of 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
Finances? 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 quite 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 looks like ‘free cash’. You would possibly even be an Indebted Splurger, if you have already got cash owing on one other bank card (during which case you possibly can take a look at stability transfers that can assist you get on prime 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, irrespective 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 means, you prefer to be sensible 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 rely. If each greenback earns rewards, even higher in your backside line.
Your motto: Earn on bills!
⭐Greatest playing cards: Enterprise playing cards | Company playing cards | Gasoline playing cards | Playing cards that earn factors on ATO spending
How one can use your Credit score Card Character
Daily, somebody asks me what bank card they need to get. However, it’s a bit like asking what automotive you should purchase; it is determined by how far you’ll drive, what you’ll use it for, and even how assured you might be on the highway.
Similar to vehicles, 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 device for perks, freebies, serving to get on prime of debt, having as an emergency fund and knocking years off your house mortgage.
When you’ve learn by way of the 9 cash types and might see what sort of spender, saver or deal digger you might be, you’ll immediately have laser-focus on the precise forms of playing cards that can reward the way in which you reside.
Utilizing the comparability guides and critiques
While 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 kind by the characteristic, as an example, by the quantity of bonus factors, the rate of interest or the annual payment. It’s a simple option to spotlight the characteristic you’re most all for.
2. Click on the cardboard to learn our evaluate. Our critiques are written by actual individuals and we do our greatest to provide you all the knowledge you want concerning the card and its affords.
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 intention to get again to you in a enterprise day or so.
Good luck and comfortable card looking, no matter sort of individual you might be!
