this post was submitted on 06 Aug 2023
16 points (100.0% liked)

AusFinance

995 readers
1 users here now

founded 1 year ago
MODERATORS
[email protected]
[email protected]
16
Getting a credit card after getting mortgage? is that possible? (lemmy.world)
submitted 1 year ago by [email protected] to c/[email protected]
11 comments fedilink hide all child comments
 

Should it be done at all? Or how long should one wait for before getting credit card when having a existing mortgage?

FYI:

  • we are here in NSW
  • getting credit card only to take advantage of the points and convenience in some case, not a necessity
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 1 year ago

It's unlikely to matter much but depending on your monthly spend you might see some tiny gains over the life of the loan if the account you pay it off with is setup as an offset on the mortgage.