Hi folks. Looking at getting a Gem Visa card for couple of reasons.
1. 1.25% international transaction fees. I buy lot of things from overseas via credit card so this looks good. Currently palying 2.1% to ASB.
2. Price and Merchandise protection. I realise that there is 1% premium of your monthly credit card bill but , they refund the difference if the item that you purchased from a retailer is on sale within six months, you get the difference back.
On top you have interest free purchases for 6 months over $250 etc which is not a deal breaker or maker for me as I pay my card off before 55 days of billing period are over without incurring any interest.
Account fees is also very low at $48 and the high interest rate of 25% does not bothers me as I pay it off in time.
So any thing to watch out for from Gem Visa or the company behind it?