Welcome to the creditworld Blog

Welcome to the creditworld personal finance blog where you can find everything you need to know about managing your finance. We are constantly adding new guides, tips and reviews on the latest products covering credit cards, bank accounts, loans and investment.

If you have any personal finance questions head on over to the ask creditworld page and submit your question. More detailed answers will be added to our blog.

About time for a rate cut on credit cards?

Posted by Category Credit Cards

Last week, the Reserve Bank announced its first rate cut of the year, bringing the official cash rate to 2.75%. While this 30-year low could certainly be interpreted as good news for mortgage holders - what does it mean for the lowly credit card holder?

About time for a rate cut on credit cards?

Aussies prefer cigarettes and coffee to life insurance

Posted by Category Insurance

Another day, another survey showing up Aussies as underinsured. In this case, we're talking about life insurance. This most recent survey, completed by a life insurance comparison site, asked 1000 respondents what they would be willing to give up in order

Aussies prefer cigarettes and coffee to life insurance

Mortgage stress hits one in three homeowners

Posted by Category Home Loans

According to new research, one third of Australian homeowners paying off a home loan have suffered mortgage stress in the past 12 months.

Mortgage stress hits one in three homeowners

The stealthy credit card fee: Are annual fees essential?

Posted by Category Credit Cards

When you have a credit card, there is a lot to remember. When choosing a credit card, you need to make sure the interest rate isn't too high, and that it gives you the rewards you need.

The stealthy credit card fee: Are annual fees essential?

One third of Aussies risk travelling without travel insurance

Posted by Category Insurance

According to a new study, 30% of Australians choose not to buy travel insurance when travelling overseas. And apparently, Gen X are the worst offenders.

One third of Aussies risk travelling without travel insurance

Mortgage repayments grow 105% in 10 years

Posted by Category Home Loans

Over the past decade, average mortgage repayments have grown a staggering 105% according to Australian Bureau of Statistics data, and wage increases have failed to keep up.

Mortgage repayments grow 105% in 10 years

ANZ promises to lend $1 billion to new small businesses

Posted by Category General Finance

In a bid to position itself as SME-friendly and capture new business, ANZ has promised $1 billion in loans to start-ups over the next year, with the bank saying it understood the challenges faced by new businesses in the first few months of operation.

ANZ promises to lend $1 billion to new small businesses

Australia Post cashes in on online retail boom

Posted by Category General Finance

Australia Post has been criticised across the board after announcing its pricing overhaul on parcel post, which in some cases has made sending a parcel up to 30% more expensive.

Australia Post cashes in on online retail boom

Aussies told to shop around for private health insurance after price hike

Posted by Category Tax & Accounting

Australians with private health insurance can now expect to pay an average of 5.6% more on their premiums thanks to federal government-approved increases.

Aussies told to shop around for private health insurance after price hike

Fixed-rate home loans see surge in popularity

Posted by Category Credit Cards

Interest rates on fixed-rate home loans recently fell to the lowest level on record, according to Australias biggest mortgage broker AFG, leading an increasing number of Aussies to opt for fixed-rate over variable-rate mortgages.

Fixed-rate home loans see surge in popularity