TIPS FOR GETTING THE BEST CREDIT CARD FOR YOUR SPENDING HABITS

CONSTANT CREDIT

Profile: Use card frequently every month but don’t pay it off in full Tip: Look for low-rate card with a low annual fee 13 products offering outstanding value (five stars)

OCCASIONAL SPENDER

Profile: Keep card in reserve for big ticket items or emergencies; pay it off over a few months Tip: Look for low ongoing rate and a low or no fee 11 five-star products

EVERYDAY SPENDER

Profile: Use card frequently every month but pay it off in full Tip: Interest rate not as important; don’t overlook benefit of a rewards program 17 five-star products

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BIG SPENDER

Profile: Spend around $5,000 or more a month and always pays off in full Tip: Look for a card with no annual fee and/or a good rewards program. Go for zero fees if not interested in rewards 16 five-star products

MAJOR SPENDER

Profile: Earns a lot and spends a lot, nearly all on the card. Spend around $10,000 a month and pays off in full Tip: Good rewards program a must-have; tailor rewards to enhance lifestyle 16 five-star products

Source: Canstar Blue annual credit cards report, comparing 171 products from 58 providers.

Details of all winning products in 2015 Credit Card Star Ratings report at www.canstar.com.au

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