NAB Flybuys Card Debt. Don’t pay them back until you’ve read this

Using a credit card for your spending can have many benefits, these benefits may include added legal protection, travel insurance, cashback or collecting loyalty points at your favorite shops. However if you don’t pay your credit card bills off regularly in full each month this debt can get quickly out of control. Here’s how to stop that happening.

If you need help to beat NAB today

If you owe NAB right now, then you are already receiving calls and letters, they escalate to calling work/neighbours and finally on to a court judgment to reclaim back debt owed. They have tried to shut this site down unsuccessfully, and it has been running for 4 years and helped over 2000 Aussies beat them. So if you are stressed and need help to simply resolve the debt, there are several tactics you can use from freezing to forced settlemtent. Please use the, ‘Contact Us Now‘ form on the right hand side and send me an email with your current situation and I will help you. I will reply to everybody, thanks.



  • contact your credit card provider to discuss your problem as soon as you realise you have got a problem with paying the bill. They may well agree to let you pay a reduced amount for a while.
  • Also make sure that you ask for any interest they are charging on your outstanding balance is frozen so that the credit card debt does not go up even though you are paying money to pay it off.
  • Generally speaking it is not a good idea to increase the limit on your credit card when it has outstanding credit debt that you are struggling to repay, as this is highly likely to get you into even more debt with your credit card company.


NAB Flybuys Card Debt. Don’t pay them back until you’ve read this

Credit card debt can be very expensive. Currently bank base interest rates are the lowest rate they have ever been at 0.5%, despite this the average interest rate charged on a credit card is 18% APR (annual percentage rate) though this can be as much as 50% APR depending on the card. Transferring your balance to another credit card that pays a lower interest rate may help reduce your monthly payments.


One of the option for borrowers with existing credit card debt is to move it to a balance transfer credit card. These cards offer a period in which no interest will be charged on that debt, meaning that every penny of your repayments goes directly towards reducing the size of your original debt. You will need to pay a fee to transfer your debt over, usually around 3% of the balance transferred (subject to a minimum fee level), so if your outstanding balance is $1,000 it will cost you $30 to switch. These balance transfer credit cards are usually only available to people with a good credit rating so you may have to shop around for a good deal depending on your credit rating. If you have debt on more than one credit card, you will need to work out which one to pay off first.


As a priority you should focus on the card with the most expensive credit card debt first. If, for example, you owe $1,000 on a card charging 19% annual interest and another $1,000 on one charging 34% annual interest, concentrate on the card charging 34% interest first and pay as much as you can. Once the you have cleared the debt from the expensive card you can then look at paying off the credit card which charges 19%. Make sure you continue paying at least the minimum payment on the cheaper card(s) throughout. Otherwise missed payments will damage your credit rating and you will probably have to pay extra fees.

Do not stop or reduce payments on any loan or credit commitment secured against your house or on rent and utility bills as these must take priority over credit card debts.

You may well find it easier if you are able to set up a Direct Debit for your credit card payments so that will ensure you never forget to pay at least the minimum. In this way you will not be charged a late payment fee, or have any interest-free period on your card removed if you have an interest-free card.

Check and dispute your Credit file Today

One unfortunate factor with being in debt, is that companies will put a default on your credit file, which will stop you being able to get credit. Many people run out of money before payday and often need a little bit of credit/loan to get them to the next payday and sort themselves out. So one tactic I would suggest, is to access for free you credit file and have a look quickly to see if there are any defaults on your name and if there is, then click dispute next to all of them. I have found many times companies put defaults on your file much earlier than they should, so you can sometimes clear your file/improve your credit score straightaway. The free one I used was this one

Set up a Direct Debit now, preferably to pay the full amount every month automatically. If you can’t afford this, you can set up an automated payment for more than the minimum, but make sure you always pay the minimum at least.

NAB Flybuys Card Debt. Don’t pay them back until you’ve read this

It can be daunting when you can’t pay your credit card bills, and making payments can sometimes seem like throwing good money after bad. However it doesn’t have to be like that and there is help out there.


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