We designed these 9 financial personalities based on 15 years of answering your questions and help you find your best credit card. Now you can understand how You check, and what type of card suits your personal money style. This means no more analysis paralysis or sifting through thousands of cards without knowing where to start. Isn’t that a huge relief?
So let’s get started!
How to determine your credit card personality:
Step 1: Read the 9 best personalities
Step 2: Write down one or two that you recognize in yourself
Step 3: Use the quick links that match your personality type to compare the cards and offers that work best for you.
Ready to find out what kind of credit card person you are? Read and discover!
You spend a lot each month, but not more than you earn. You simply have high monthly expenses because you have a family to support, are self-employed, or have a high “retail turnover” (fancy name for shopping). You like to find ways to reduce your expenses and use different tools to earn free money.
As a healthy spender, you could use a credit card to earn rewards on everyday spending, save on foreign transaction fees and as part of an offset program to help you pay off your home loan more quickly.
Your motto: Use money to make money!
⭐ Best Cards: Rewards Cards | Cards with bonus points | No Foreign Fee Cards | Loyalty cards
To welcome! It’s your first journey into credit cards and you don’t know where to start. You could be a student or new permanent resident in Australia. Maybe you want to build your credit profile so you can get a home loan.
Whatever the reason, you’re probably looking for something you can sink your teeth into without a hassle: an inexpensive, easy-to-use credit card.
Your motto: Everyone starts somewhere!
⭐Best Cards: Credit Cards for Beginners | Cards with no annual fee | Low Interest Cards | Student cards
You watch your money like a hawk. You like to save and don’t mind following a budget; after all, there’s nothing better than achieving a financial goal like saving for a house deposit, paying off a loan, or reaching a savings goal. You’ve probably attended seminars or read books about money, budgeting, or how to supercharge your retirement.
You usually read reviews before committing to a new product and weigh the pros and cons carefully.
Your motto: Money is a resource, so use it wisely!
⭐Best Cards: Credit Cards for Beginners | Cards with no annual fee | Low Interest Cards | Student cards
You like any type of offer: a discount, a double, a voucher or a cashback. You have a verified account with OzBargain and love the thrill of closing a deal (even better if it’s sneaky). If there is a loophole, you will use it; if there is a coupon, you will extract it from the dark web. You agree to spend your lunch breaks scouring the internet for better prices and practicing your price haggling speech for unsuspecting store staff.
Your motto: Never pay full price!
⭐Best Cards: Cards with Bonus Points | Rewards Credit Cards | Cards with cash back offers | Cards with special offers
You may not need or want a credit card every day, but you want to have a small emergency fund just in case. You might even have a great credit card that earns you rewards and offers the benefits you use, but you also want a separate rainy day fund with lower interest rates for a real emergency.
Your ideal rainy day card features low or no annual fees, low interest rates, and flexibility.
Your motto: Be prepared!
⭐Best Cards: No Annual Fee Cards | Low Interest Cards | Cards with 0% purchase offers
You use technology for everything: getting a dopamine hit at the 10,000th step, paying with your ring, ordering a mocha through an app, and sending money just using a phone number. You can’t wait to see what changes as the banking world is disrupted by new innovations, neobanks and cryptocurrencies.
Your motto: Early adopters rule!
⭐Best cards: Google Pay, Apple Pay and Samsung Pay cards | Crypto Cards | Credit Union Cards | Loyalty cards
Budget? Sales? No, you buy the things you want and don’t worry too much about the amount of money coming in and going out. You would rather have a root canal than worry about sticking to a tight budget.
For those who splurge, there’s always the risk that the credit limit will feel like free money. You might even be crazy in debt, if you already have money owed on another credit card (in which case you may want to consider balance transfers to help you get your debt under control).
Your motto: Money is there to spend!
⭐Best Cards: Cards with 0% offers on purchases and balance transfers | Low Interest Cards | Cards with good balance transfer offers
You run a business, regardless of its size. You’re a sole trader with an ABN, or a small business guru, or the CEO of a mega-company; Either way, you like to be smart about your business finances. You’re looking for ways to better manage your money, especially if your employees have business expenses. You want better ways to save money, budget easier, and make every dollar count. If every dollar yields rewards, that’s even better for your bottom line.
Your motto: Save money on your expenses!
⭐Best Cards: Business Cards | Corporate Cards | Fuel cards | Cards that earn points on ATO spending
How to Use Your Credit Card Personality
Every day someone asks me what credit card they should get. But it’s a bit like asking which car you should buy; it depends on how far you’ll travel, what you’ll use it for, and even how confident you are on the road.
Just like cars, the credit card that’s best for you will change as your life progresses. It’s good to have multiple credit cards over a lifetime – they’re a tool that provides benefits, gifts, helps overcome debt, has an emergency fund, and takes years off your home loan.
Once you read the 9 Money Styles and can see what type of spender, saver, or deal seeker you are, you will suddenly focus on the exact types of cards that will reward the way you live .
Use comparison guides and reviews
When you use a comparison guide, you will see the best cards listed in a table. Here’s a quick 1-2-3 on using the guide.
1. Use the toggles to sort by characteristic, for example by the number of bonus points, the interest rate or the annual fee. It’s a simple way to highlight the feature you’re most interested in.
2. Click on the map to read our review. Our reviews are written by real people and we do our best to give you all the information you need about the card and its offers.
3. Click “Go to offer” to be redirected to the issuer’s page where you can learn more and submit an application.
On each page, you can ask me a question by clicking on the blue bubble. We aim to respond to you within approximately one business day.
Good luck and happy card hunting, whatever type of person you are!