2 different way that my credit cards as an advantage

[carole]

The first one is my main credit card. I couldn't even tell you what the interest rate is, but it doesn't really matter anyway. We my hubsand and I use it for all our expenses of living except the food shopping. Then at the end of each month the debt is cleared so no interest is paid. The benefit that the money from our wagers plus some extra saving we have stays in there as long as possible. This account is linked to our mortgage thus bringing down the interest we pay on the home loan. You may have already have heard of this type of mortgage they're called line of credit mortgages. All this bank gets from our credit card usage one additional card holder fee. No other charges apply.

The other card I get a bonus from is my own Everyday Money Credit card, which is attached to Woolworths. Because I work for them we don't pay any fees. Again I haven't paid any interest. I use it only for food shopping and I actually put the money budgeted for food shopping in first. The bonus I get is from points accurred from using the card and I get extra points for shopping at woolworths. Where else would I shop as I also get discount with my staff discount card. Every three months they send you a wish card with whatever points you have. It's new so I haven't got to the three month mark yet. However as a joining incentive they were giving away a $50 wish card after joining and your first purchase. Also now my extra savings from RSM Quicksave stays in there until christmas time when I will use it at Big W to buy presents and will get more cash from points used. Not bad when I have to do the food shopping anyway.