You’re travelling overseas. You know that you don’t want to keep a lot of cash on you. You know you can rely on your credit cards or you can purchase travellers’ cheques. Which should you go with? Which is the better deal?

There’s no single correct answer in the debate between credit cards and travellers’ cheques. There are a lot of factors you’ll have to consider such as: read more..

Credit cards lead to debt, right? Not for everyone. Did you know that it’s technically possible to make money with credit cards? The key is discipline and planning (understanding your terms, so you can avoid fees and actually come out ahead).

Here are a few ideas to help you make money with your credit cards. While these three money-making tactics may not net you a huge profit, making money is certainly better than owing it. read more..

If you’re a student, you may be considering applying for a student credit card. After all, they can feel like a sort of rite of passage on your way to financial independence. But are student credit cards really a good idea, or might they get you into more trouble than they’re worth?

What are Student Credit Cards?

Student credit cards are cards offering special perks or requirements for students (generally university students over the age of 18). You’ll not only have to prove that you have an income source and / or savings, but you’ll also have to show that you’re enrolled in school when you apply. read more..

If you signed up for a low rate credit card, you may not be getting as good of a deal as you think. Credit card companies aren’t passing along a significant amount of the discounts from lower official interest rates, and according to The Advertiser low interest credit card holders are shouldering most of the burden.

Penalised for Good Credit?

Low interest rates are traditionally reserved for those with good credit, while riskier borrowers are subjected to higher interest rates. While it’s true that a low interest credit card (like the Aussie MasterCard) will have a lower APR than other cards, what you may not know is that interest on those low rate cards has increased more than corresponding rates on other credit cards. read more..

Cash or credit cards? Which is safer to carry around with you while shopping or travelling? While some people prefer cash, avoiding the temptation to spend too much (which credit cards sometimes encourage), a credit card is often a safer choice.

The safety credit cards provide often relies on one fact–credit cards are replaceable.

Cash Can be Risky Business read more..