Virgin & Bankwest have great xmas card offers

The standout credit card offers right now include the Virgin Flyer credit card, which is offering zero per cent for six months on cash advances, balance transfers and purchases. The BankWest Breeze MasterCard has a low interest rate of 10.99 per cent a year and 10 per cent cashback on your festive spending at department and grocery stores and on eating out for three months.

Based on the average credit card annual fee of $134, most holders of credit cards have to spend about 3½ times the average annual credit card spend – or $60,000 – to gain any value from credit card rewards. It may be that a low-rate credit card with low annual fees is the best option.

Source: The Age