New credit card from American Express with no annual fees and quite a few benefits.
Here's a rundown of the features/benefits:
$0 ongoing annual fee
$50 credit after spending $500 in the first 2 months
0% balance transfer for 12 months
Can use with Apple Pay
Earn 1 Membership Rewards points per dollar, which can be transferred on a 4:3 basis (i.e. 0.75 points per dollar) to Virgin Australia Velocity, Cathay Pacific Asia Miles, Emirates Skywards, Etihad Guest, Malaysia Airlines Enrich, Singapore Airlines KrisFlyer and Thai Airways Royal Orchid Plus.
Low interest rate as well for the folk who don't pay off every month at 14.99%. 55 days interest free.
Eligible for all the great Amex offers you see on OzBargain
Also a couple of nice-to-have insurance features:
Smartphone Screen Insurance for screen repairs if you accidentally break your Smartphone screen: we will reimburse you for the cost of the screen repair up to $500 with a 10% excess per claim
Purchase Protection - if an item is stolen or breaks within 90 days of purchase, it can be repaired or refunded up to $2,500 per claim, up to $10,000 per year and with a $50 excess per claim
Buyer’s Advantage - extends the manufacturer’s warranty by up to 12 months for up to $7,000 per claim and $7,000 per year, with no excess
Refund Protection - if you have a change of heart and are refused a refund on an unused item within 90 days of purchase, you will be reimbursed for up to $500 per claim and $2,000 per year, with no excess
Conditions:
Minimum $40k income requirement
Minimum $2k credit limit
lol @ excess
Coles mastercard doesnt charge any excess.
Also not worth risking your credit score for $50. Better wait for cards with 40 - 60K QFF Point's