Credit Smart Solutions

Credit Cards vs Buy Now Pay Later: Which Is Better? Australians now have more choices than ever when it comes to flexible payments. Whether it's using a traditional credit card or a Buy Now Pay Later (BNPL) service like Afterpay or ZipPay, both offer convenience—but which one is better? How They Work Credit Cards Pay with borrowed money, then repay monthly Interest applies if you don’t repay the full amount May offer rewards or cashback Buy Now Pay Later (BNPL) Split purchase into interest-free instalments (usually 4) Must link to debit/credit card for automatic deductions No interest, but late fees apply Pros & Cons Feature Credit Card BNPL Interest Yes (15–20% p.a.) No interest Late Fees Yes Yes Credit Score Impact Yes Varies (usually no unless defaulted) Rewards Points, cashback, insurance Usually none Flexibility High (lar...

Best Low-Interest Credit Cards for Young Aussies in 2025 If you're a young professional in Australia looking to save on interest while building your credit, choosing the right credit card can make a huge difference. Here are the best low-interest options to consider in 2025. What to Look for in a Low-Interest Credit Card Annual Percentage Rate (APR): Lower is better for carrying balances. Annual Fee: Some cards offer low or even no annual fees. Balance Transfer Offers: Great if you have existing debt on another card. Interest-Free Period: Typically 44–55 days—use wisely! Top 3 Low-Interest Credit Cards for 2025 1. Commonwealth Bank Low Rate Card Interest rate: 13.24% p.a. Annual fee: $59 Interest-free period: up to 55 days Suitable for: Everyday purchases and balance transfers 2. Westpac Low Rate Credit Card Interest rate: 13.74% p.a. Annual fee: $59 (waived first year) 0% p.a. balance transfer for 28 months Suitable for: You...

  Best Credit Cards for Bad Credit (Updated 2025) If you have a bad or limited credit history, getting approved for a credit card can be tough. But don’t worry—there are solid options available in 2025 that can help you rebuild your credit smartly and safely. Here are the top 5 credit cards for people with bad credit this year: 1. Capital One Platinum Secured Credit Card This card is one of the best for rebuilding credit. It offers a flexible deposit amount and reports to all three major credit bureaus. There’s no annual fee, making it perfect for beginners. 2. Discover it® Secured Credit Card Not only can you build credit with this card, but you’ll also earn 2% cashback at gas stations and restaurants. Discover also reviews your account after seven months to consider an upgrade to unsecured. 3. OpenSky® Secured Visa® Credit Card No credit check required to apply! This is a great starter for people with very poor credit or no credit history. Just make your payments on ti...