We’ve devised these 9 cash personalities based mostly on 15 years of answering your questions and serving to discover your finest bank card. Now, you may work out how you tick, and which type of card fits your private cash type. Which means no extra evaluation paralysis or sifting via 1000s of playing cards with no thought the place to begin. Isn’t that a large aid?
So, let’s get began!
How to determine your Credit score Card Persona:
Step 1: Learn via the Prime 9 Personalities
Step 2: Jot down one or two that you simply recognise in your self
Step 3: Use the fast hyperlinks that match your persona kind to check playing cards and offers which can be finest fitted to you
Prepared to search out out what sort of bank card individual you’re? Learn via and discover out!
You journey so much. You’re keen on racking up factors; checking your frequent flyer account is a dopamine hit. You would possibly even be so conversant in your factors program that you could estimate what your factors will get you, from flights to resort stays.
Whether or not you utilize the factors for private journey, work or for holidays with household, you’ll often select frequent flyer factors over every other rewards program.
Your motto: Flights are extra enjoyable once they’re free!
⭐Finest playing cards: Frequent Flyer playing cards | Rewards playing cards | Velocity playing cards | Playing cards with Precedence Go | Journey Credit score Playing cards | Playing cards with Free Journey Insurance coverage
You spend so much each month, however no more than you earn. You simply have excessive month-to-month bills as a result of you may have a household to pay for, you’re self-employed or have a excessive “retail turnover” (fancy identify for having fun with procuring). You want to search out methods to scale back your bills and use totally different instruments to become profitable for nothing.
As a Wholesome Spender, you might be utilizing a bank card to earn rewards in your on a regular basis spending, save on abroad transaction charges and as a part of an offset package deal that can assist you repay your house mortgage sooner.
Your motto: Use cash to become profitable!
⭐ Finest playing cards: Rewards playing cards | Playing cards with Bonus Factors | No Overseas Price playing cards | Frequent Flyer playing cards
Welcome! That is your first voyage into bank cards and also you hardly know the place to begin. You is likely to be a scholar or a brand new everlasting resident in Australia. Possibly you need to construct your credit score profile so you may get a house mortgage.
Regardless of the purpose, you’re in all probability searching for one thing you may sink your enamel into with out getting in over your head – a low-cost, easy-to-navigate bank card.
Your motto: Everybody begins someplace!
⭐Finest playing cards: Credit score Playing cards for First Timers | No Annual Price playing cards | Low Curiosity-rate playing cards | Pupil playing cards
You watch your cash like a hawk. You want to save lots of and don’t thoughts following a funds; in spite of everything, there’s nothing pretty much as good as hitting a monetary purpose like saving for a home deposit, paying off a mortgage, or reaching a financial savings goal. You’ve in all probability been to seminars or learn books on cash, budgeting, or easy methods to increase your retirement.
You often learn opinions earlier than committing to a brand new product and weigh up the professionals and cons fastidiously.
Your motto: Cash is a useful resource, so use it properly!
⭐Finest playing cards: Credit score Playing cards for First Timers | No Annual Price playing cards | Low Curiosity-rate playing cards | Pupil playing cards
You’re keen on any type of deal: a reduction, two-for-one, voucher or cashback. You might have a verified account with OzBargain and love the giddy zing of scoring a deal (even higher if it’s a sneaky one). If there’s a loophole you’ll use it; if there’s a coupon you’ll dig it out of the darkish internet. You’re pleased with spending lunch breaks scouring the web for higher costs and practising your price-match haggle speech for unsuspecting retailer workers.
Your motto: By no means pay full value!
⭐Finest playing cards: Playing cards with Bonus Factors | Rewards bank cards | Playing cards with Cashback Offers | Playing cards with Particular Presents
You might not want or need a bank card for day by day, however you do need to have just a little emergency fund prepared simply in case. You would possibly also have a nice bank card that earns rewards and offers you perks you utilize, however you additionally need a separate wet day fund with decrease rates of interest for a real emergency.
Your best wet day card has low or no annual charges, low rates of interest and suppleness.
Your motto: Be ready!
⭐Finest playing cards: No Annual Price playing cards | Low Curiosity-rate playing cards | Playing cards with 0% Buy Presents
You employ expertise for every part: getting a dopamine hit in your 10,000th step, paying along with your ring, ordering a mocha by way of an app and sending cash utilizing only a telephone quantity. You’re eager to see what’s altering because the banking world is disrupted by new improvements, neobanks and cryptocurrency.
Your motto: Early adopters rule!
⭐Finest playing cards: Google Pay, Apple Pay and Samsung Pay playing cards | Crypto playing cards | Credit score Union playing cards | Frequent Flyer playing cards
Funds? Balances? Nope – you purchase issues that you really want and don’t fear an excessive amount of about how a lot money goes out and in. You’d relatively have a root canal than take into consideration sticking to a decent funds.
For splurgers, there’s at all times the chance that the credit score restrict looks like ‘free cash’. You would possibly even be an Indebted Splurger, if you have already got cash owing on one other bank card (during which case you may have a look at steadiness transfers that can assist you get on prime of your debt).
Your motto: Cash is for spending!
⭐Finest playing cards: Playing cards with 0% offers on purchases | Low interest-rate playing cards | Playing cards with good steadiness switch offers
You run a enterprise, irrespective of how large or small. You’re a Sole Dealer with an ABN, or a small enterprise guru, or the CEO of a mega-corp; both manner, you wish to be sensible about your online business funds. You’re searching for methods to handle cash higher, particularly in case you have workers with firm bills. You need higher methods to save lots of on bills, funds simpler and make each greenback rely. If each greenback earns rewards, even higher to your backside line.
Your motto: Earn on bills!
⭐Finest playing cards: Enterprise playing cards | Company playing cards | Gas playing cards | Playing cards that earn factors on ATO spending
How you can use your Credit score Card Persona
Every single day, somebody asks me what bank card they need to get. However, it’s a bit like asking what automotive you can purchase; it relies on how far you’ll drive, what you’ll use it for, and even how assured you’re on the highway.
Identical to vehicles, the bank card that’ll work finest for you’ll change as you journey alongside in life. It’s alright to have a number of bank cards in a single lifetime – they’re a software for perks, freebies, serving to get on prime of debt, having as an emergency fund and knocking years off your house mortgage.
When you’ve learn via the 9 cash kinds and might see what sort of spender, saver or deal digger you’re, you’ll instantly have laser-focus on the precise sorts of playing cards that may reward the way in which you reside.
Utilizing the comparability guides and opinions
If you use a comparability information, you’ll see the highest playing cards listed in a desk. Right here’s a fast 1-2-3 on utilizing the information.
1. Use the toggles to type by the function, for example, by the quantity of bonus factors, the rate of interest or the annual charge. It’s a straightforward solution to spotlight the function you’re most occupied with.
2. Click on the cardboard to learn our assessment. Our opinions are written by actual individuals and we do our greatest to offer you all the data you want in regards to the card and its presents.
3. Hit “Go to supply” to be redirected to the issuer web page the place you could find out extra and submit an software.
On each web page, you’ll have the ability to ask me a query by clicking the blue speech bubble. We purpose to get again to you in a enterprise day or so.
Good luck and comfortable card searching, no matter type of individual you’re!