Do you know your credit card interest rate?

Most people have no idea what the interest rate on their credit card is according to a new survey of 2200 credit card users by ME Bank.

The vast majority of Australians are disengaged from the credit card market and that has led them to settle for interest rates as high as 20 per cent.

73 per cent of consumers didn’t know their credit card’s interest rate and 40 per cent didn’t know whether they pay an annual fee.

Don’t settle for a credit card that doesn’t suit your needs. Take control, look up your own credit card on Infochoice and compare it others today.

Source: The New Daily