Vidhu Bajaj

What is the difference between business and personal credit cards?

Whilst you can still use your personal credit card for business related transactions you may find that over time it will be easier to manage your personal and business purchases separately. Business credit cards generally have more features than a traditional credit card which enables the business to apply spending controls.

What is home loan refinancing?

You should always keep an eye on your home loan or mortgage interest rates and repayments and understand how competitive they are. These days, sites like RateCity.com.au can help you quickly and easily compare from literally hundreds of products to find a deal which best suits your needs.

What is a refinance rebate?

Are you feeling the pinch of rising interest rates on your household budget? Refinancing to a lower interest rate could give you room to breathe and possibly earn you a cash rebate in the process!

What do I need to get a credit card?

Increase your chances of credit card approval by discovering the essential requirements for getting a credit card in Australia.

How long does it take to get a credit card?

The credit card approval process may take a few days, depending on the credit card issuer and the accuracy of the information provided in your application.

How do I redeem my credit card rewards points or frequent flyer points?

If you’ve built up a sizeable amount of rewards points or frequent flyer points through your credit card spending, you may be curious as to how you actually redeem these points. 

Is refinancing a fixed-rate mortgage possible?

Yes, refinancing a fixed-rate mortgage is possible. However, it can come with some additional costs, such as break costs or prepayment penalties, that you need to consider.

What is negative gearing?

Negative gearing refers to when investors can claim a tax deduction when their investments make a loss. While negative gearing offers several potential benefits, there are also risks involved.

What happens to my redraw when I refinance?

Some lenders allow you to make extra repayments on top of your minimum home loan repayments, and a redraw facility allows you to access these funds when you need them for other purposes.

What is a home loan offset account?

Getting a home loan with the right features is one of the simplest ways to reduce your costs in the long term. A mortgage offset account is one feature that could make a huge difference, potentially saving you thousands of dollars per year, and may help you repay your mortgage sooner.