Credit card news

Credit card debt falls across Australia, while Afterpay popularity rises

Australian credit card debt has fallen over the past year according to the Australian Bankers’ Association, but is this a reflection of us becoming more financially responsible or the rise of Afterpay?

East coast vs west coast, how the cost of living stacks up

Sydney has topped the charts measuring costs of living in the Oceania region, while Australia's number two spot was taken by Perth.

Warning issued for buy now, pay later' services

Afterpay is fast becoming one of the most popular ways for shoppers to buy now and pay later, but new research from RateCity warns the payment method can leave a nasty sting in the tail if you don’t make your repayments.

End of year uptick in balance transfer cards

The number of credit cards offering 0% balance transfers grew slightly at the end of 2017, offering some relief to Australians with post-holiday debt. However, despite this surge in card numbers, there are still fewer interest-free balance transfer cards available than there were in mid-2017.

What to do with unwanted Christmas gifts

Everything you need to know about the 2017 Boxing Day sales

With the biggest shopping day of the year approaching, Australian shoppers and bargain hunters are getting ready to hit the ground running this Boxing Day.

How to have free family fun over the holidays

How did your budget hold up at Christmas? For most us, it’s a withered, depleted mess waiting for a New Year’s resolution of better savings.

Amex offers sign-on bonus worth $556

Australians can claim 100,000 bonus Velocity rewards points if they take out an American Express Velocity Platinum Card before 29 January.

Australia ending 2017 on a consumer confidence high

As the year draws towards a close, and the Christmas period approaches, Australians are feeling confident about the current and future economic conditions.

Revised banking code doesn't go far enough

The Australian Bankers Association’s revised banking code announced today has a greater focus on customers, but does not go far enough.

RBA looks at more affordable electronic payments

Despite changes to interchange fee regulations earlier this year, small businesses and Australian consumers are still paying more for the convenience of electronic payments, according to the Reserve Bank of Australia (RBA), indicating that some acquiring banks are yet to pass on their savings on interchange costs.

Best gift cards to buy for Christmas

Gift cards are one of the most popular presents to be found under the Christmas tree with around 34 million cards sold each year. However, despite the popularity, RateCity warns gift cards come with a number of hidden traps.