Kiwis flocking to new credit card comparison website to get a better deal
Friday 23 March 2018, 8:48PM
By CCNZ
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The total Outstanding credit card balance carried by all New Zealanders in February 2018 was a whopping $7.2 billion, and the total credit card interests charged by credit card providers in New Zealand in 2017 was roughly $700 million! With credit card borrowing at an all time high, Kiwis are flocking to credit card comparison websites such as www.creditcardscompare.co.nz to hunt for a better deal.
According to CreditCardsCompare.co.nz about 30% of their website visitors are solely interested in a balance transfer offers while another 20% are looking to take advantage of rewards credit cards. Low interest credit cards are also hugely popular as well as Interest free credit cards.
Visits to CreditCardsCompare.co.nz has been steadily increasing over the last 12 months indicating that Kiwis insatiable appetite for credit cards is unlikely to slow down any time soon.
The founder of the website commented: I got the inspiration to start the website after seeing a family member struggle with credit card debt. I appreciate the security that comes with having a credit card; I simply wanted to make it easier for people to shop around and compare prices to pick the right card for their circumstance because this is usually when things start to go wrong. People are also so busy these days and don’t have time to shop around, but at the same time they want to know that they are getting the best deal they can get. CreditCardsCompare.co.nz fits into this narrative by making it easy to find, compare, review and apply for credit cards all in one place. Our goal is to help Kiwis to easily find the best credit card in NZ to suit their needs, and introduce some healthy competition into the New Zealand Credit card market.
If you are struggling to pay off your credit card debt don’t just put up with it as there are lots of credit cards offers out there including balance transfer and low interest rate credit cards. Some cards offer 0% interest on balance transfer for up to 12 months. On the other hand, if you have no problems paying off your credit card debt, then you might be able to take advantage of the many rewards credit card offers.
About Credit Cards Compare NZ:
Credit Cards Compare New Zealand is a is a user-centric NZ Credit Cards Comparison website that allows users to compare New Zealand credit cards for free to find the best credit card in NZ to suit their needs. You can filter, sort, search and compare a range of credit cards all with a few click of the mouse and click through to apply online.