Credit cards, like any other product, have their product lifetime. I currently use Wizard Clear Advantage MasterCard as it still has the most benefits I expect from a card. Like, 55 interest free days on purchases, no provisions and charges on ATM cash withdrawals overseas, no subscription or issuance fee, etc.
However, as Wizard (Home Loans) brand was sold to Aussie (Home Loans), this left Wizard credit cards out in the open. The service is still run by GE Money and, in practise, everything is as it used to be. But, as there is no Wizard credit cards brand available any more, I doubt it is possible to apply for this card any more. And I also wonder what is going to happen once the card expires. Whether it will be possible to renew it or would I have to pick another product?
Whichever happens, there are some useful sites around to compare credit cards. One of the new useful web sites is credit card. It contains a list of credit cards for easy comparison of features and advice on getting a credit card.
The good news for me is that the next card, similar in features to Wizard Clear Advantage, is HSBC and I already have it as it was offered by the bank. No fees make it a likely candidate as a reserve credit card.
Check my Australian Credit Cards page to find out more.
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