10 trading sleeps till dday, page-41

Just to let everyone know regarding CC. You are charged interest from day one against cash borrowings. There is no 55 days period. I have changed my CC (CBA) to low interest 13% per annum, but you lose reward points.

Guys, I agree with everyone here warning against CC debts. People who are borrowing , I think are the ones with little cash ( that is the reason they will borrow amounts like 5K or 10K) and they don't want to lose opportunity like CNP. Yes risk is there but I would say 5% risk 95% gain. Once I make my money with CNP, I won't be borrowing on CC. If I lose money then ofcouse I don't have credit limit to borrow.