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Credit Card News Archive History
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Credit Card News
Aussie credit rating improves for Bendigo and Adelaide Bank
The Aussie credit rating of the Bendigo and Adelaide Bank has been upgraded. People with a Bendigo and Adelaide Bank credit card could be pleased to note it had some good news after its Aussie credit rating was upgraded to
...
Thu 11th Mar, 2010
Commonwealth Bank reviewing credit card options for flood victims
Credit card instalments will be reviewed by the Commonwealth Bank to help out people in Riverina, New South Wales, affected by flooding. The Commonwealth Bank has announced it will review credit card instalments for flood-hit
...
Wed 10th Mar, 2010
Increase in credit card spending 'for 30 to 64-year-olds during GFC'
A rise in salary payments and an increase in card spending both occurred for Australians aged between 30 and 64-years-old, according to one bank. Australians aged between 30 and 64 increased their credit card spending and had
...
Wed 10th Mar, 2010
Dating agency uses credit card details without authorisation
A person's credit card has been used by a dating agency without permission. A dating agency has been found to have used a person's credit card without having the proper authorisation, the Southport Magistrates Court was
...
Tue 9th Mar, 2010
Credit card use 'fell behind debit cards in 2009'
The credit card is becoming less popular than the debit card, according to one expert. Scheme debit cards are arguably having a wider acceptance than credit cards, according to one industry expert.Robert Morgan, head of
...
Fri 5th Mar, 2010
Citibank to offer prepaid Aussie credit rewards
The prepaid card market will now include Citibank. Citibank is planning to go into the prepaid card market, in which businesses can offer Aussie credit to customers on the cards as a reward scheme.The bank which offers
...
Thu 4th Mar, 2010
Potential 'professor of credit card fraud' sentenced
A man has been sentenced after committing a series of credit card frauds, a court was told. A man said to have had the potential to become a "professor of fraud" after he committed credit card cons has been
...
Thu 4th Mar, 2010
Swan: Interest rates cannot stay at emergency levels forever
Businesses and families are being told interest rates cannot remain at "emergency levels forever" by treasurer Wayne Swan. Treasurer Wayne Swan has called on families and businesses to understand the interest rate
...
Tue 2nd Mar, 2010
Commonwealth Bank reacts to RBA rise
The Commonwealth Bank has increased its interest rates after the government decided to up the cash rate. The Commonwealth Bank reacted to the government's decision to increase the cash rate by upping interest rates across a
...
Tue 2nd Mar, 2010
Aussies warned about online scams
Aussies have been warned about online scams that could threaten their financial stability. Aussie credit could be at risk from the significant number of scams targeting honest customers, it has been suggested.The total amount
...
Mon 1st Mar, 2010
ANZ credit card growth 'reflects on its profit'
ANZ credit card growth was one factor in the bank recording a $1.6 billion after-tax profit. A growth of ANZ credit cards helped the bank to record a $1.6 billion after-tax profit for the four months up to the end of January
...
Fri 26th Feb, 2010
'Good dynamic for economy' could mean interest rate rise
The interest rate could be set to increase, according to one expert. An interest rate rise could be on the cards for Australians, according to one industry expert.James McIntyre, an economist for Commonwealth Bank
...
Fri 26th Feb, 2010
Bank SA: Australians concentrating on repaying credit card debt
Australians attempting to repay debts spend less, according to the Bank South Australia (Bank SA). Australians are acting with spending caution and trying to repay their credit cards, according to Bank South Australia (Bank
...
Thu 25th Feb, 2010
NAB Classic Banking cost-cutting is rewarded
A cost-cutting exercise on National Australia bank accounts could reap rewards after it was nominated for a prize. The National Australia Bank's (NAB) cost-cutting on its bank accounts has put it in the frame for an
...
Thu 25th Feb, 2010
Transaction account fees 'reduced by banks'
Transaction account fees are "well entrenched" for banks, according to one reporter. The fees that banks put on a transaction account are now "well entrenched", according to one commentator.John Kavanagh,
...
Wed 24th Feb, 2010
Term deposit competition is "intense"
Banks offering a good term deposit rate have sparked "intense" competition, one expert has said. There is an "intense" competition among banks to offer a decent rate of term deposits, according to one
...
Wed 24th Feb, 2010
Credit cards use on planes is "fantastic"
Using a credit card to pay for something when you are on a plane is better for a selected number of airlines, according to one writer. Some airlines like it when people use a credit card to pay for goods on the plane,
...
Tue 23rd Feb, 2010
High credit card limits 'will hurt with new laws'
People who have a large credit card limit may not fare too well with laws that are set to be implemented in 2011, according to one commentator. Having a high credit card limit could be problematic for Australians when new
...
Tue 23rd Feb, 2010
Understand your credit card habits 'to save money'
One of the first steps to help stamp out paying needless bank fees is to understand your credit card habits, according to two writers. Australians need to understand their credit card habits as part of a process to cut out
...
Tue 23rd Feb, 2010
"Small lift" in consumer spending
There was an increase in consumer spending in January, but not as much as one industry expert expected. There was a "small lift" in Australian consumer spending in January but not as much as was expected, according
...
Mon 22nd Feb, 2010
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