Cost of Interest-free Credit Cards

The real cost BEFORE you pay any interest Interest-free period 6 months interest-free FEES With interest-free gem Minimum spend 4311 3200 0000 0000 VISA $250 + $99 9.60) $349 ten Ongoing monthly fee $0 Application fee $o Annual fee $99 GEM Visa Bridgestone Tyres Interest rate of 22.99% applies after interest-free period. 36 months interest-free FEES With interest-free Minimum spend $500 + $438 $938 (87.64%) Ongoing monthly fee $2.95 Application fee $35 Annual fee $99 David Jones Amex David Jones Interest rate of 20.74% applies after interest-free period. 36 months interest-free With interest-free storecard Minimum spend FEES $500 + $141 $641 2110 4876 34 (28.20%) Ongoing monthly fee $2.95 Application fee $35 Annual fee $0 David Jones StoreCard David Jones Interest rate of 24.74% applies after interest-free period. 40 months interest-free GO Minimum spend With interest-free FEES $1000 + $223 $1223 5218 9312 3456 7890 (22.30%) Ongoing monthly fee $4.95 Application fee $25 Annual fee S0 GO MasterCard Harvey Norman Interest rate of 29.49% applies after interest-free period. 50 months interest-free With interest-free HSBC Minimum spend FEES $1200 + $246 a = $1446 (20.49%) VISA Ongoing monthly fee $0 Application fee $0 Annual fee $59 HSBC Visa Card Bing Lee Interest rate of 25.99% applies after interest-free period. We looked at offers available with major retailers on 28 October 2011. We assumed How we you purchase an item for the minimum spend, pay it off within the interest-free period calculate: and don't incur any penalty fees. The cost would be the same, regardless of the price of the item. If you made a more expensive purchase, the percentage of purchase price figures would be smaller. All amounts rounded to the nearest dollar. Bonus offers and membership rewards points may be available and have not been included in the calculation.