Interest Free Shopping Matters in Australia.
You’d be hard-pressed to find a method of shopping online that provides low interest. You see, it’s not the online shops themselves that charge high interest rates. It’s your financing options that tend to contribute to the problem.
When shopping online, you’re usually using a credit or debit card for the process. Not a lot of shops offer cash on delivery payment systems, especially if they’re not local.
Let’s say for example that you’re ordering some items from another country while you’re in Australia. It could be something as simple as a pair of jeans. That item requires transportation overseas from the territory you’re buying it in.
In such a situation, cash on delivery would be difficult. You’ll be paying with a debt or credit card…
Online Transactions Cost More than Offline Ones.
There are a lot of costs to incur when shopping online. Those differ depending on the cards you use to shop, whether credit or debit cards.
Credit cards have high interest rates on them. It’s not uncommon for some credit cards to charge you 12% rates on purchases! That’s too high if you’re simply looking to buy an item or two on the internet.
You also have the costs of mediating e-wallet systems, such as PayPal. PayPal charges additional costs per transaction for using its system. It is what could be called the cost of buying stuff online securely.
The PayPal charges apply to both debit and credit cards. Even if you’re using your own bank out for the purchase, you’ll be charged transaction costs.
Also, speaking of bank accounts and debit cards, those also have their own fees too. Purchasing from the internet using your debit card or bank account will incur banking fees. They’re kind of like the hidden fees you pay at an ATM…
Beyond the electronic transaction costs, you also have delivery costs. Delivery costs for the most part tend to eat up a lot of your wallet.
Your Options to Avoid Excess Online Shopping Fees…
The first option is bulk shopping. It’s something many people resort too, but is it effective?
You see, high volume shopping means your swapping excess costs. If you’re doing Australian volume shopping, you’re just switching the transaction fees with bulk items. Although this may be a smart choice if you actually do get to use all the products that you will be bulk purchasing.
Where it fails especially is when you’re buying one-piece items on the internet, jewelry and clothing being simple examples.
Your best options in such a situation is to find online shops that provide low to no interest. Interest free shopping should be your aim, especially if you’re doing overseas shopping.
Fortunately, we can help you out with that aspect. We’d be more than happy to inform you that J C & P offer interest free options with no hidden fees and free shipping on selected products. Visit our store for interest free shopping!
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