The interest will be around $200, not $20.Originally Posted by Squeak the Rat
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The interest will be around $200, not $20.
If a man is alone in the woods and there isn't a woke Hollywood around to call him racist, is he still white?
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I pay $5 a month for unlimited eftpos fees with ANZ. It is a lot cheaper than the yearly Credit Card fee and the interest you accrue if can't manage to fully pay it off.
To have a credit card you need to be a financial god who counts every cent and never commits to a purchase without the sure knowledge that it can be paid off. I can't do it. 90% of people I know can't do it. If you lose your job suddenly you will lose every major item you own fairly suddenly as well.
You can't get a credit card if you've ever made an impulse purchase.
Don't do it.
If a man is alone in the woods and there isn't a woke Hollywood around to call him racist, is he still white?
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If you have a PSIS card, then the PSIS creditline facility will work for you. It costs $10 per month and gives you a preapproved credit line that you can draw against with you PSIS card. If you repay the credit by due date (up to 55 days ) you pay no interest .
You do have to apply for the line of credit.
Go have a talk with PSIS.
Want a balloon?
$5X12 months = $60.. Last year My fees were $50 and $0 interest, and about $100 in airpoints...
Its all about self control, Everyone knows how much they earn and therefore how much they can spend.
My advice is if you bother to get a Credit card don't bother looking at the interest rates as that would mean you intend to use that facility, look for cheap fees, the longest interest free period and best point system. And dont go Amex. No where to use it.
Need something to do when not riding??? Come and learn to dance with us at www.cerocstars.co.nz
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You do need to be disciplined. The banks make their money off people who aren't.
One way that works for many people , is to get a card with a low credit limit, that you think will be reasonably close to your monthly spend.
Then set up an automatic payment from your savings account, or wherever your wages/salary/benefit is lodged, of that amount. To come out the day after your money goes in.
Now, your credit card will "automatically" be paid each month. You can't overextend, because the limit is the same as the autopayment. And if one month you put less on the card than the auto payment, that acts like a sort of enforced saving, to allow a "treat" next month. And by scheduling the autopayment around your money being deposited it should go out before you have a chance to be tempted and spend it.
But beware of the banks, thay hate cards with low credit limits and will try to encourage you to increase it.
Caveat: There is one opportunity to overspend with this if your money is depsoited at the opposited end of the month to the credit card date. You need to try to get them in sync so the autopayment goes in when the credit card is near maxed out. Not at the beginning of the cycle, otherwise you could spend the payment and the credit limit as well.
Aargh, photos!
You dont need a credit card. You want it, but you dont need it
To every man upon this earth
Death cometh sooner or late
And how can a man die better
Than facing fearful odds
For the ashes of his fathers
And the temples of his Gods
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I can multiply Freakshow, that was unnecessary.$5X12 months = $60.. Last year My fees were $50 and $0 interest, and about $100 in airpoints...
Its all about self control, Everyone knows how much they earn and therefore how much they can spend.
My advice is if you bother to get a Credit card don't bother looking at the interest rates as that would mean you intend to use that facility, look for cheap fees, the longest interest free period and best point system. And dont go Amex. No where to use it.
Airpoints are fundamentally worthless unless you actually have the capacity to travel. Airpoints are just another way of sucking you into making a large purchase on your credit card.
Do not get a credit card if you have ever made an impulse purchase.
If a man is alone in the woods and there isn't a woke Hollywood around to call him racist, is he still white?
\<\------look a bike
Most banks these days simply raise your limit and advise you. You then need the extra discipline of ringing the bank and telling them to lower it again.....
My limit's now something ridiculous like $12,000..... eeek
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They will increase the limit after you "cancel" the card too. No credit card account is ever removed from a banking system. I have personal experience of a card being cancelled, the limit being increased to $16k from $1500 after it was canceled (and paid in full I might add) and then being held liable by the bank.
They will attempt to recover the money that builds up on the single dollar they leave in the account and destroy your credit rating making it impossible to get a mortgage or refinance.
A mildly competent lawyer will take them apart, but that cost $8k and took 2 years for the credit rating issue to go away.
Don't get a credit card.
If a man is alone in the woods and there isn't a woke Hollywood around to call him racist, is he still white?
Forum whore
Fuckin New Zealand banks need to get with the program and offer something like a Visa Delta card.
I have one on my UK account and it has all the joy and fun of a Visa card but is using funds from my current account, not credit.
Marvellous.
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Had one of those when we were in the UK. Bloody brilliant, but the banks in the UK are way more cautious than NZ and good on them.
If a man is alone in the woods and there isn't a woke Hollywood around to call him racist, is he still white?
One, two free, floor!
Gotta say I have the opposite opinion on Credit Cards.
Marvellous things. The bank gives me their money to use completely free AND they give me brownie point (aka Flybuys) for the prviledge.
The one rule... ALWAYS PAY IT OFF, IN FULL, EVERY MONTH, NO EXCEPTIONS!
If you can't obey the rule, don't get the card. Borrow money from a friend or parents etc... but not the bank.
$2,000 cash if you find a buyer for my house, kumeuhouseforsale@straightshooters.co.nz for details
Obey the hosebeast
Get a prezzie card!
It works like a prepay phone card. You load it with credit from your regular account, and then spend that money online as if it is a Visa.
No mess, no fuss.
\<\------look a bike
I think most people using their cards online are probably wanting to make a mess.....
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ive got one. i went with westpac [joint card, share with dad]
i got it when i went overseas at 19. im now 21, and continuing to pay it off. it is sitting at $900 right now, down from $5000 or so. im going to take money from my savings when the next bill comes in, and totally wipe it.
ill keep the card, as it has come in handy when my eftpos has declined, or for making purchases online. but i keep a tight restriction of what i use it for, and how much.
its not often used in town, as i generally make sure the eftpos account is well stocked. but sometimes i take more from that account for my savings than realised, and it has saved the day more than once.
i say get one, if you know you will keep on top of it each month. my parents have a handful each, and id hate to think what their balances are like!
my blog: http://sunsthomasandfriends.weebly.com/index.html
the really happy person is one who can enjoy the scenery when on a detour.
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