One of Australia’s most trusted financial providers St. George has an award-winning credit card for cost-conscious consumer called Vertigo.

Vertigo from St. George Voted Australia’s Cheapest Credit Card by Money Magazine in 2007 and 2008, St.George Vertigo Mastercard provides a great personal interest rate and a competitive low fee.

Any purchase your make with a St.George Vertigo Mastercard has a 55 day interest free period before a low interest rate of 11.74% is charged against your balance. It has a very low credit card fee of $55 per annum which rates amongst the lowest in all the credit cards available.

If you like to share your credit card with a family member, St.George offer a second credit card attached to the very same account for free.

With a no interest on balance transfers for 6 months, this credit card is perfect to transfer your current credit cards balance to help you manage your current credit card debt.

If you like getting benefits with your credit card, St.George Vertigo Mastercard offers discounts and added extras on Entertainment, Experiences, Shopping, Travel and Leisure, Wine and Magazine Subscriptions. This is a very special credit card because it has a low interest rate but still offers benefits usually found in more expensive rewards credit cards.

St.George is another lender which isn’t one of the big for banks in Australia; they are increasing competition in the credit card sector in which all Australians benefit from. Best Rate Credit Cards rates the St.George Vertigo Mastercard 5 stars.

Applying for your St. George Vertigo MasterCard is quick and easy with our secure application link. You must be at least 18 years of age to apply and have a valid driver’s license number, and proof of income. Applications are quick with an instant application response, so you can start enjoying your new card sooner.

Depending on your credit usage, you should be responsible with your credit card purchases and repay the money you borrow preferably in a timely manner. As with most things a repayment plan is required for controlling your finances while borrowing money. Our repayment calculator is a free online tool that enables you to create a repayment plan for your credit card or even other debts by simply filling out some values.

You borrow, you repay is the way most loans work, but the interest that’s charged to credit cards is compounded every day meaning you have to factor in more money to repay than you borrowed.

To work out you’re repayment plan you need to consider how much you can easily repay per week, this will enable you to focus on reducing your credit card debt and the amount of interest you will end up paying.

When using our credit card repayment calculator, fill out the amount borrowed and the interest being charged, this will calculate the terms of your transaction and the amount your specify for repayments will determine how long it will take you to fully repay.

Example

• $3000 Borrowed
• 19.99% Interest
• $300 monthly repayments

You’re repayment plan will look like this:

Credit Card Repayment Planning Calculator

In this scenario, you will on average pay $28.55 per month in interest, It will take you 12 months to fully repay, Total interest you will be charged is $342.58 making the total amount repayable $3342. Please not that this calculation does not include fees and charges plus there might be a slight variation in the interest calculations which will alter the outcome.

Try the credit card repayment calculator and start controlling your debt.

If you are concerned with the amount you have to repay, you could consider a balance transfer or lowering your interest rate to ease the repayments, you can test this out by altering the values in the calculator. See how much you could save with a better interest rate or initial period balance transfer.

Many people assume that credit cards are the root of all debt evil. This is actually not the case. The main reason people have trouble with their credit cards is simply because they are having issues with debt control in general.

Credit cards can actually be your answer to debt management control. With debt consolidation credit cards, which are specifically made for those who have spiraled out of financial control, you can consolidate your debt into one easy monthly payment, reduce the stress and the bills, stop credit card penalties and interest from piling up and finally gain control of your financial future.

Things to Look For in Consolidation Credit Cards:

There are three things that credit cards designed for debt management should have:

• A low to balance transfer interest rate.  Many credit cards will not charge interest to consolidate your debt and transfer your other credit card debts into one credit card account.
• Long balance transfer period: at least for first six months to a year which will give you time to get your finances in control.
• Low annual fee: a lower credit card usage fee will also help get your credit card debt under control sooner.

Your Top Three Credit Card Choices:

Most Australian financial institutes offer a consolidation or credit card debt management option.  Below are three of the best interest rate and balance transfers:

• St George’s Vertigo MasterCard
  0% interest balance transfers for first six months; 10.99% annual interest, $55 annual fee
• Citibank Clear Platinum Card
  0% interest balance transfers for first six months; 10.99% annual interest, $85 annual fee
• AMZ Low Rate MasterCard
  0% interest balance transfers for first six months; 11.74.% annual interest, $55 annual fee