Your credit report plays a important role when trying to obtain a unsecured credit card in Australia. Many banks in Australia are unwilling to give a person credit with a bad or not so good credit history. However, if your a student and are looking to build a credit history from scratch, we have a list of banks and financial institutions that will issue you a student credit card. Another source for individuals and families, that are looking to rebuild or establish credit can apply for a StepUP loan (a non profit loan developed with Good Shepherd Youth and Family Service) or a unsecured loan from Citibank.
Secured credit cards are a great way to rebuild your credit. Most secured credit card companies in Australia require you to secure the credit line with equity in your home.
Make sure they report your payment monthly to the major credit bureaus. Making your payments on time monthly will increase your credit rating.
We have provided a list of financial institutions that will provide you with a secured Visa or
Master Card in Australia.
Prepaid Credit Cards are a Excellent alternative for making on-line purchases, car rentals, and hotel reservations. It is also much safer than carrying cash with you.
Although, many charge a small monthly service fee.
We have provided a list of financial institutions that will provide you with a prepaid Visa or
Master Card in Australia.