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Credit card news

The latest credit cards news and tips

Eden Radford

External Comms Lead

NAB increases rates on select credit cards

Australia’s second largest credit card provider, NAB, has today increased interest rates across select cards.

Credit Cards

13 Feb, 2024

6 min read

NAB increases rates on select credit cards
Eden Radford

External Comms Lead

Credit card debt creeps up as Australians pare back December spending

Australia’s total credit card bill attracting interest charges crept up in the month of December, hitting a total of $17.31 billion, an increase of almost $21 million.

Credit Cards

07 Feb, 2024

4 min read

Credit card debt creeps up as Australians pare back December spending
Eden Radford

External Comms Lead

Credit card school: what’s the right card for you?

The increase in credit card accounts may make for easy spending or cashing in for first class travel, but many of those who get credit cards are possibly turning to a finance solution that they don’t fully understand – or may get them into trouble.

Credit Cards

22 Jan, 2024

5 min read

Credit card school: what’s the right card for you?
Eden Radford

External Comms Lead

Card spending hits new record high in November

Card spending hit a record high in November, with the latest RBA data showing the total value of transactions on both debit and credit cards reached $76.38 billion.

Credit Cards

12 Jan, 2024

6 min read

Card spending hits new record high in November
Mark Bristow

Personal Finance Editor

Scam stats: how to stay safe these holidays

Fraud on payment cards is returning to pre-pandemic levels, with authorities and police warning Australians to be vigilant against scammers over the Christmas and New Year holidays.

Credit Cards

22 Dec, 2023

3 min read

Scam stats: how to stay safe these holidays
Eden Radford

External Comms Lead

Credit card debt ticks up in October

Australia’s total credit card debt attracting interest charges grew by $129 million in the month of October, the first increase since May.

Credit Cards

07 Dec, 2023

3 min read

Credit card debt ticks up in October
Eden Radford

External Comms Lead

Shoppers warned to stay on track this Black Friday

Shoppers planning to hit the Black Friday sales should create both a list of things they need, and a water-tight budget, to avoid overspending or getting caught up in unnecessary debt.

Credit Cards

23 Nov, 2023

6 min read

Shoppers warned to stay on track this Black Friday
Alex Ritchie

Personal Finance Editor

Australians to cut back on Christmas spending: how to avoid credit card debt this silly season

For those hoping to get through the silly season by using their plastic, it's a timely reminder for everyone to exercise caution and steer clear of credit card debt.

Credit Cards

15 Nov, 2023

3 min read

Australians to cut back on Christmas spending: how to avoid credit card debt this silly season
Eden Radford

External Comms Lead

Australians continue to cut down on credit card debt

Australia’s total credit card debt has decreased for the fourth month in a row, with the latest data showing a drop of $158 million between August and September.

Credit Cards

07 Nov, 2023

3 min read

Australians continue to cut down on credit card debt
Eden Radford

External Comms Lead

CBA increases interest rate on select credit cards

CBA, Australia’s largest bank, has increased the interest rate on a range of credit cards by up to 1.25 percentage points.

Credit Cards

01 Nov, 2023

5 min read

CBA increases interest rate on select credit cards
Eden Radford

External Comms Lead

Sale season starts tomorrow - why one click too many could kill your Christmas

Shoppers planning to spend big in the Click Frenzy sale tomorrow are being warned to plan ahead and stick to a tight budget to avoid getting into trouble in the lead up to Christmas.

Credit Cards

23 Oct, 2023

5 min read

Sale season starts tomorrow - why one click too many could kill your Christmas
Eden Radford

External Comms Lead

Australians continue to keep a lid on debt despite 12 RBA hikes

Australia’s total credit card debt has dropped for the third month in a row, this time by $88.1 million.

Credit Cards

09 Oct, 2023

3 min read

Australians continue to keep a lid on debt despite 12 RBA hikes