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Credit card news

The latest credit cards news and tips

Laine Gordon

Money Editor

Aussies wipe $2.45 billion off credit card debts in past year

Australians have taken an axe to credit card debt, slashing balances to the lowest level in almost 13 years, according to new RBA figures released today.

Credit Cards

13 Jan, 2020

2 min read

Aussies wipe $2.45 billion off credit card debts in past year
Mark Bristow

Personal Finance Editor

More shoppers switching from credit cards to buy now, pay later

According to a new report, buy now, pay later (BNPL) services such as Afterpay and Zip Pay are becoming more commonly accepted in Australia, while credit card usage is declining.

Credit Cards

09 Jan, 2020

3 min read

More shoppers switching from credit cards to buy now, pay later
Alex Ritchie

Personal Finance Editor

Travel-friendly money moves for your 2020 adventures

It’s easy to rack up overseas costs, including foreign ATM fees and currency conversion fees, when you’re living in the moment. However, if you can put in a little time and planning before your trip, you could save big.

Credit Cards

02 Jan, 2020

3 min read

Travel-friendly money moves for your 2020 adventures
Nick Bendel

Property & Personal Finance Writer

Credit card providers attracting spenders with balance transfer deals

The Christmas holidays are an expensive time of the year, which is why sometimes people max out their credit card in December and wonder in January how they’ll pay it off.

Credit Cards

24 Dec, 2019

3 min read

Credit card providers attracting spenders with balance transfer deals
Laine Gordon

Money Editor

Big banks offering zero per cent deals to put credit cards back in Aussie pockets

Credit card lenders are offering attractive ‘zero per cent’ introductory deals this summer in a bid to get new customers on to their books.

Credit Cards

18 Dec, 2019

3 min read

Big banks offering zero per cent deals to put credit cards back in Aussie pockets
Alison Cheung

Finance Writer

Should you use credit cards or buy-now-pay-later for your Christmas shopping?

It’s the time of the year when retail is buzzing and shoppers are spending hundreds, if not thousands, on their Christmas shopping.

Credit Cards

16 Dec, 2019

5 min read

Should you use credit cards or buy-now-pay-later for your Christmas shopping?
Nick Bendel

Property & Personal Finance Writer

A 0% interest balance transfer might solve your credit card problem

Credit card debt can be crippling, because high monthly interest charges can make it hard to pay down the principal.

Credit Cards

06 Nov, 2019

3 min read

A 0% interest balance transfer might solve your credit card problem
Nick Bendel

Property & Personal Finance Writer

Qantas Money offering sign-on bonuses for frequent flyer credit card

Sabine recently took out a Qantas Premier Platinum credit card from Qantas Money, because she regularly flies interstate and internationally with Qantas.

Credit Cards

23 Oct, 2019

3 min read

Qantas Money offering sign-on bonuses for frequent flyer credit card
Alison Cheung

Finance Writer

Can RBA rate cuts slash your credit card bill?

You wouldn’t be blamed for thinking your credit card interest rate should reflect RBA's rate cut.

Credit Cards

18 Oct, 2019

4 min read

Can RBA rate cuts slash your credit card bill?
Nick Bendel

Property & Personal Finance Writer

Banks making it easier to escape credit card debt

Some credit card providers are wooing balance transfer customers with interest-free periods of 14 months and more.

Credit Cards

26 Sep, 2019

2 min read

Banks making it easier to escape credit card debt
Laine Gordon

Money Editor

Credit card exodus continues, as those left standing get smarter with debts

New data from the RBA today shows Australians are continuing to shy away from credit cards. But those that are still using plastic are getting smarter about how they use their cards.

Credit Cards

12 Sep, 2019

2 min read

Credit card exodus continues, as those left standing get smarter with debts
Nick Bendel

Property & Personal Finance Writer

The credit card with the lowest interest rate may not be the best

There are plenty of low-rate credit cards on the market, but finding one that ticks all the boxes can be easier said than done.

Credit Cards

09 Sep, 2019

2 min read

The credit card with the lowest interest rate may not be the best