Credit Card Compare executive David Boyd is leading the development of the web site and says, "More and more Aussie consumers have questions about credit cards and many of them are also looking for a credit card comparison site - we combine both these needs in one easy-to-use place. Credit Card Compare and our blog "The Credit Letter" is hoping to fill this niche in the Australian market".

Credit cards have become a major part of everyday Australian spending habits. Australia's total balance of credit and charge card debt currently sits around the $42.7 billion mark. Aussies rely quite heavily on the plastic, with a total value of over $18 billion in credit card transactions in any single month. The average credit card debt is over $3000 per Australian household. Australians use around a total of $1 billion in credit card cash advances per month.

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Credit Card Compare started in 2008 with the objective of allowing consumers to compare credit cards online, review the options and apply directly and securely online from the bank or credit card lender. The website also has a blog, the Credit Letter where our writers regularly post useful money saving tips and interesting personal finance editorials. Consumers interested in receiving money saving tips can subscribe to 'the Credit Letter' blog via RSS or receive an email newsletter.