Credit card companies getting away with high rates

Most credit card issuers have kept their purchase interest rates steady despite 12 official RBA interest rate cuts since 2011. Many credit card companies have hiked their fees and slashed reward points. However, 77 per cent of credit card holders have been too lazy or loyal to change cards.

Don’t let the big banks and other credit card issuers get away with charging you too much. Take control today and check out the huge range of great cards on offer now at InfoChoice.

Source: Sydney Morning Herald

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