Long term zero interest credit card

mikewall38 on 14/03/2021 - 16:24

Hey Guys,
Any recommendations for a long term 0%interest credit card. I know of Gem Visa. Anything similar going around in the market.

Any pros and cons of these cards?

Comments

Mechz on 14/03/2021 - 16:55

+2

Have you looked on Canstar?
- mikewall38 on 14/03/2021 - 19:20
  
  Nope… Will now do
bargain huntress on 14/03/2021 - 17:05

-1

i saw nab has a new one
whooah1979 on 14/03/2021 - 17:11

-3

People that have digital assets may be able to borrow up to 50% of their collateral interest free indefinitely. There is no pesky loan applications and credit ratings to worry about. They may also earn interest on their assets.

They can then use a debit card to take out fiat from an 🏧, shop online or in-store.
- bargain huntress on 15/03/2021 - 09:32
  
  +1
  
  how?
Pelicannn on 14/03/2021 - 17:16

+2

Cons are that these 0% interest cards might have a yearly fee so if you spend very little on it, the fee might equate to a large effective interest rate over 12 months. They also generally don't have any benefits which for many is a good reason for having a card in the first place.

The way I see it, don't spend more than you have and pay your bill off every month and every card is 0% interest. If you want to make a big purchase, just put it on one card and look for a free balance transfer to another card which has an introductory 6 months interest free or similar.