Pick the right card
THE best type of credit card for your Christmas buying depends on how quickly you expect to pay it off...
IF YOU CLEAR YOUR CARD EVERY MONTH
Some reward holders who always settle their debt with an annual cashback based on the amount they spend. Egg Money repays one per cent. And if a balance runs over, the interest is typically only 7.9 per cent. Morgan Stanley Cashback - which applies 15.9 per cent interest - also pays one per cent as standard, but this rises to three per cent.
IF YOU CLEAR YOUR CARD EVERY MONTH
Some reward holders who always settle their debt with an annual cashback based on the amount they spend. Egg Money repays one per cent. And if a balance runs over, the interest is typically only 7.9 per cent. Morgan Stanley Cashback - which applies 15.9 per cent interest - also pays one per cent as standard, but this rises to three per cent.
Read more at: Pick the right card
posted by e-borneo.com @ 7:05 PM
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