AusFinance

985 readers

1 users here now

founded 1 year ago

MODERATORS

submitted 1 year ago by ipodhikaru@lemmy.world to c/ausfinance@aussie.zone

11 comments fedilink hide all child comments

Should it be done at all? Or how long should one wait for before getting credit card when having a existing mortgage?

FYI:

we are here in NSW
getting credit card only to take advantage of the points and convenience in some case, not a necessity

you are viewing a single comment's thread
view the rest of the comments

[–] Anonbal185@aussie.zone 4 points 1 year ago

Having a credit card is great for a mortgage. Put everything on your card, then pay up when the interest free period expires.

In the meantime put everything on your home loan and redraw to pay your credit card as required.