Credit cards facilities
The credit card scenario has witnessed a drop of up to 0% p.a. on all accounts that flaunt the balance transfer facility and purchases up to 6 months. The ongoing purchases with the help of a dedicated credit card will now be covered with a 10.99% p.a. The drop has been further noticed in the low annual card fee now resting on an average of $85. The credit card companies have also announced access to limited edition entertainment via an investment in Visa.
This gives you instant access to all the Platinum Privileges, Visa Concierge, International Travel Insurance and most importantly the ability to apply with a minimum $50,000 p.a. income. The 0% p.a. set on balance transfers is now extended to a period of the first 6 month and many credit card companies are also considering up to 55 days of purchases with the interest free credit facility and 3 additional cardholders that could be amalgamated for no extra charge!