Apply for a Prepaid Credit Card
Right so you have decided that you want the convenience of having a pre-paid credit card, you want to use your own money but be able to purchase items with a credit card. Whether that be purchasing online or in stores it pays to have the credit card facility available. This time though you are not getting into debt you are only using the money you already have in your account.
First thing you need to do is a bit of research to find the bank and account which suits you. You could be a student just wanting this facility to buy concert tickets, you could be a new business want to make purchases to build your company without the usual credit card fees and charges. Or maybe you are traveling overseas and would prefer to just have the access to a credit card to pay for hotels and restaurants. What ever your reason a pre-paid credit card is a great idea. You control your account and the money available in that account.
There are a few banks and institutions offering a free pre-paid credit card when opening one of their bank accounts, you just need to choose the one that best suits you.
St George is offering a flat monthly fee of $7 when opening their Complete Freedom Account, this account is great if you are making a large number of transactions each month. They offer you sms alerts for transactions and balances.
Unlimited access to all of St Georges Branches and ATM's across Australia and no minimum monthly balance required. NAB are also offering a free pre-paid credit card when signing up for one of their three savings accounts. For only $4 a month you can sign up for their NAB eBanking, pretty good for those of you who like to work use your account online or over the phone, you still have access to ATM's EFTPOS you just don't use a branch. For only $5 a month you can open a Classic Account with unlimited NAB access and branch deposits and withdrawals, if you are a full-time student they will waive the monthly fee.
Suncorp in branching out all across the country. So why not open there Everyday Options Account for as little as $5 a month you get access to just about everything with the banking facility. There is no minimum balance or deposit and you have unlimited access to all in -branch, phone and Internet services. You can also earn an extra 4.75% interest by linking this account to a high interest sub account. Fill in there application and you will know in as little as 10 mins. Then all you need to do is start shopping.
NAB has three great accounts that can get you using your Visa Debit straight away. Apply for their E-Banking for just $4 a month and receive the Visa Debit Card, EFTPOS facilities, usage of NAB ATMS and if you deposit $2500 a month they will waive the monthly fee. Sign up for there Classic Banking and enjoy similar perks with a $5 a month fee which also gives you deposits/withdrawals at NAB Branches a cheque book and unlimited use of NAB electronic access. Deposit $3500 a month and they will waive the monthly fee. There last account is there Gold Banking, by signing up for a Gold Banking account you receive NAB Visa Debit, full banking access, complimentary travel insurance( conditions apply) Unlimited usage of non NAB ATM's across the world and all this for only $12 a month. Deposit more than $5000 a month and the fee is gone!
