Credit card news

The latest credit cards news and tips

Mark Bristow

Personal Finance Editor

Record scam numbers recorded

Australians are reporting a record number of scams, with the Australian Competition and Consumer Commission’s annual Targeting Scams report showing a 47% increase from 2015 to 2016.

Credit Cards

16 May, 2017

3 min read

Nick Bendel

Property & Personal Finance Writer

New credit card will charge higher minimum repayments

Consumers will get a blessing in disguise when ING Direct forces them to pay off more of their debt each month with its new credit card.

Credit Cards

08 May, 2017

2 min read

New credit card will charge higher minimum repayments

Kate Cowling

Turnbull moves to stamp out excessive card surcharges

The Federal Government will introduce a ban on excessive card surcharges, to be phased in from mid next year, to stop customers getting unfairly ripped off when they pull out their plastic.

Credit Cards

20 Oct, 2015

4 min read

Turnbull moves to stamp out excessive card surcharges

Kate Wick

Australians to spend $2.9 billion this Easter

Australians are set to indulge this Easter holidays with the latest report from IBISWorld revealing our holiday-loving nation will spend approximately $2.9 billion over this Easter period.

Credit Cards

13 Apr, 2014

2 min read

Australians to spend $2.9 billion this Easter

Laine Gordon

Money Editor

Fraud rates rise but thieves take less

While thieves did rip off more Australians and their cards, new research shows they are now stealing far less.

Credit Cards

07 Jun, 2013

3 min read

Laine Gordon

Money Editor

Only one in five aware of cyber security breach

Only one-in-five organisations are aware they have experienced a “cyber incident” in the past 12 months.

Credit Cards

22 Apr, 2013

3 min read

Only one in five aware of cyber security breach

Laine Gordon

Money Editor

Could a smartphone replace your wallet?

If you believe the pundits, your mobile phone will soon become an electronic wallet, as we take the next step towards a cashless society.

Credit Cards

20 Aug, 2012

3 min read

Laine Gordon

Money Editor

Millions struggle to repay debt, yet seek more

More than 2.7 million Australians are struggling to pay their current credit commitments, research suggests. Despite this, 25 percent also admitted they would seek to overcome difficulty by increasing their credit card limit, mortgage or loan.

Credit Cards

18 May, 2012

3 min read

Millions struggle to repay debt, yet seek more

Laine Gordon

Money Editor

"Hacktivism" is on the rise

Two-thirds of Australians think it's unlikely they will be victims of a cyber-attack, an Australian SCAN social trend survey has revealed. So much so, that fewer than half of us ever bother to change our passwords or update anti-virus software.

Credit Cards

15 Apr, 2012

3 min read

Laine Gordon

Money Editor

Dirty, filthy money

If there was ever an argument for a 'cashless society' this may be it; germs on money could be making us sick. New research has revealed that some bank notes contain more than six times the contamination levels of a public toilet.

Credit Cards

28 Mar, 2012

3 min read

Laine Gordon

Money Editor

Banks roll $6 billion on plastic

Thousands of Australians saddled with credit card debt are "throwing money away", according to new research, which shows that credit card providers are making over $6 billion per year in credit card interest alone, despite the cash rate dropping.

Credit Cards

08 Mar, 2012

2 min read

Laine Gordon

Money Editor

Treasury proposes credit card regulations

As Australia's level of credit card debt gets out of control, the federal Treasury has released a green paper to help protect consumers from overspending on credit cards. The green paper refers to Reserve Bank of Australia (RBA) data that shows Australians accumulated a total credit card debt worth $4.8 billion as at September, an increase of $143 million from August.

Credit Cards

01 Dec, 2010

3 min read