Just starting up a discussion about what Ozbagainers think is the best online credit card. Please post the card and the positives and negatives of it. i.e. international transaction fee, currency conversion fees, annual fees etc
Best credit/or debit card to use for online purchases?
sleepyowl on 19/11/2013 - 10:14
Last edited 19/11/2013 - 15:39
Last edited 19/11/2013 - 15:39
Comments
It depends on a number of factors.
Are you going to make any purchases in foreign currency? If yes, then you need a credit card that does not have a foreign transaction fee. Best examples are 28 degrees and Bankwest platinum credit card. If a debit card is also ok for you, then Citibank Plus Debit card is your choice (it does not have foreign transaction fee as well).
Next factor is a rewards program. Do you need it? Which program are you going to use? (e.g. Qantas frequent flyer, velocity, etc.). There are not too many credit cards that offer rewards and no annual fee at the same time. Usually there is a balance between annual fee and rewards per dollar spent (plus sign up bonus).
Your level of income is also worth mentioning. If you making enough money, you can go for Citibank Signature Card (no annual fee, rewards, foreign currency fee) or Bankwest platinum card (no annual fee, no foreign currency fee, but no rewards either).
There is no credit card that will offer you all advantages at the same time. You need to choose what suits your particular needs.
28 degree of online purchases
woolworths or citibank for FF pointsAwesome replies, I would actually probably prefer a debit card so I can control the spending, so Citibank Plus is what you guys recommend.
cheers man. Will check it out.
Visa/Mastercard debit. All purchases are interest free.