Mortgage Secured Credit Cards
Credit Cards
There are many different types of credit card and lending products available through the Australian banking sector for consumers to take advantage of.
Mortgage Secured Credit Cards are one such option for people needing access to cash but haven't got current employment or have retired.
Mortgage Secured loans are also available to people that have found themselves with asset wealth but limited access to funds.
Mortgage Secured credit cards are in effect just like a normal credit card. There is no physical difference in the actual credit card. It doesn't say 'Mortgage Secured Mastercard' or 'Mortgage Secured Visa Card' above your name or credit card number.
The only difference between an everyday credit card and Mortgage Secured credit cards is that the credit limit set by the bank or financial institution is secured against the property value of your home or investment property.
Please visit the Tools section of our website to find both comparison charts of available Mortgage Secured Credit Cards.
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