Gold Credit Cards
When you achieve a certain social status, you may wish to consider a new credit card, or trade in your existing credit card for one suited to a more rarefied lifestyle. In cases such as these, a gold credit card may be appropriate, A gold card adds a certain cachet to your style, but there are additional benefits beside the perk of flashing a gold card at a restaurant. Most gold cards come packed with extra features such as rewards, insurance and specialised gold member services to smooth your way both at home and overseas. More…
Benefits of a Gold Card
The gold credit card deal you select should be tailored to you as a user – there are many different types of deals, and finding one that caters to your spending and travel habits will provide you with the best benefits. Factor in how you wish to use your gold card, and how you can afford to spend with it, and use this information along with the guidelines below to make an informed choice.
- The main benefit of a gold credit card is a much higher credit limit compared to a standard personal credit card. A higher limit gives you more freedom to make impulse purchases or cover unexpected expenses.
- Another common benefit is a better rewards program which allows you more points for each purchase, If you are serious about your rewards points, you’ll love the larger rewards that come with a gold card. A standard credit cards with a rewards programs will often earn you only earn half a point or one point for every dollar spent. In contrast, a gold card will often significantly increase your rewards, giving you 1-1.5 points for every $1 you spend (in same cases, even 2 points!)
- For frequent travellers, domestic and international travel insurance can make a gold card deal very attractive. Gold cards will almost always include a travel insurance benefit for travel around Australia or overseas, and you will be eligible for the insurance any time you use your gold card to purchase your tickets. With some deals, travel insurance may even extend to family members travelling with you.
- Competitive exchange rates can save you money, as can cheaper overseas transactions. A gold card can help you by calculating each transaction made overseas with a more competitive exchange rate. This combined with lower overseas transaction costs compared to a standard credit card can give you increased value on every use of your card.
- Purchased made on your gold credit card or normally covered by purchase protection if the item is lost, stolen or damaged within 90 days, and manufacturers warranties on items can also be extended by your gold card provider for up to an additional 12 months.
| Card | Type | Interest Rate (p.a) | Balance Transfer | Cash Advance Rate (p.a) | Interest Free (up to) |
Annual Fee | Apply | |
|---|---|---|---|---|---|---|---|---|
 |
|
19.49% |
N/A |
20.74% |
55 days |
$195 |
|
| Card | Type | Interest Rate (p.a) | Balance Transfer
(for 6 months) |
Cash Advance Rate (p.a) | Interest Free (up to) |
Annual Fee | Apply | |
|---|---|---|---|---|---|---|---|---|
 |
|
18.99% |
7.99% |
20.74% |
55 days |
$87 |
|
| Card | Type | Interest Rate (p.a) | Balance Transfer
(for 9 months) |
Cash Advance Rate (p.a) | Interest Free (up to) |
Annual Fee | Apply | |
|---|---|---|---|---|---|---|---|---|
 |
|
20.49% |
2.90% |
20.99% |
55 days |
$74 |
|
| Card | Type | Interest Rate (p.a) | Balance Transfer
(for 12 months) |
Cash Advance Rate (p.a) | Interest Free (up to) |
Annual Fee | Apply | |
|---|---|---|---|---|---|---|---|---|
 |
|
20.74% |
1.90% |
21.24% |
55 days |
$149 |
|
| Card | Type | Interest Rate (p.a) | Balance Transfer
(for 9 months) |
Cash Advance Rate (p.a) | Interest Free (up to) |
Annual Fee | Apply | |
|---|---|---|---|---|---|---|---|---|
 |
|
19.24% |
2.90% |
19.99% |
55 days |
$85 |
|
| Card | Type | Interest Rate (p.a) | Balance Transfer
(for 9 months) |
Cash Advance Rate (p.a) | Interest Free (up to) |
Annual Fee | Apply | |
|---|---|---|---|---|---|---|---|---|
 |
|
19.24% |
2.90% |
19.99% |
55 days |
$99 |
|
| Card | Type | Interest Rate (p.a) | Balance Transfer
(for 12 months) |
Cash Advance Rate (p.a) | Interest Free (up to) |
Annual Fee | Apply | |
|---|---|---|---|---|---|---|---|---|
 |
|
19.75% |
1.90% |
19.75% |
55 days |
$99 |
|
| Card | Type | Interest Rate (p.a) | Balance Transfer
(for 9 months) |
Cash Advance Rate (p.a) | Interest Free (up to) |
Annual Fee | Apply | |
|---|---|---|---|---|---|---|---|---|
 |
|
20.24% |
1.90% |
20.74% |
55 days |
$120 |
|
