Comparing Australian Frequent Flyer Credit Cards

By Author: Ndxmart
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Within Australia it's recently become much easier to intelligently and accurately compare credit cards as many good personal finance sites aggregate all the best deals around and present them to the visitor in an ordered and sorted fashion. Here we take a look at how you can compare all the best frequent flyer credit card deals within a few clicks.

If you head on over to a site like LowerBills you will find a long list of credit cards that you can sort through by annual fee, cash advance rate, balance transfer rate, interest free period or interest rate. If it's frequent flyer credit card deals you’re looking for you can normally choose from a drop-down menu and that will bring up all the cards that offer a program of that type. They may be called Airline Credit Cards or Travel Reward Credit Cards.

It's important not to dive in. Take time to look at all the features –for many people a frequent flyer program will be a "nice to have" option rather than something critical to their finances. So these people will have to weigh up factors like the APR, interest free period and annual fee and see if they meet expectations, ...
... rather than just choosing a card because of the rewards program.

Some frequent flyer credit cards might advertise thousands of free points when you sign up plus 1 FF point for every $1 spent, but if there is no interest-free period, a $150 annual fee and a 20% APR then it can be a false economy: is the frequent flyer program really worth that much to you that you will sacrifice the other factors? Sure you may be able to earn points that get you "free" flights, upgrades, hotel stays, car rentals and other benefits but how "free" are they if you are paying for them elsewhere with higher costs?

As usual the best approach is one of balance. Find a card that has a good balance of factors that affect you. You probably won't be lucky enough to find the perfect card but if you can find one that best matches your spending habits and provides you with some perks then that's a good start.

Consider how you will use the card – for everyday purchases like groceries and petrol – or just for the occasional purchase? Consider how prompt you will be with repayments and whether you will need to take out cash from the ATM using your credit card. Factors like this will determine whether a frequent flyer credit card can meet the requirements with its main features.

For more information regarding frequent flyer credit card, balance transfer credit cards and business credit cards, please visit: www.lowerbills.com.au