Credit Card News Archive History

Credit Card News 

• 

  Credit card demand 'slows' amid recession

  Demand for credit cards slowed in Australia in March, with private sector credit increasing by a seasonally-adjusted 0.1 per cent during the month.According to Dow Jones, the latest figures published by the Reserve Bank ...

  Thu 30th Apr, 2009
• 

  Aussies 'spending millions in Canada' on credit cards

  Australian tourists with a Visa credit card spent some $223 million in Canada alone last year, according to the credit card company.eTravel Blackboard cited a recent Tourism Outlook: Canada report, which indicated that ...

  Thu 30th Apr, 2009
• 

  80% of Australian credit cards 'are active'

  Some 80 per cent of Australian credit cards are currently active, according to new study.The Business Standard reported that the research, which was published by Edgar, Dunn & Company and the India Cards Council, ...

  Thu 30th Apr, 2009
• 

  Refund rules for credit card consumers

  Different rules apply to the different methods of payment by credit card Aussie consumers have access to at the point of sale, it has been noted.The Sydney Morning Herald reports that paying through Eftpos is achieved by ...

  Wed 29th Apr, 2009
• 

  'Pay more than the minimum' on credit card transactions

  Overpaying on credit card repayments and taking advantage of interest-free periods could be the key to managing debt for many Aussies.The Sydney Morning Herald advises consumers to pay back high-interest debts ahead of ...

  Wed 29th Apr, 2009 (1 Comment)
• 

  Commonwealth Bank 'taking online measures' to stop credit card fraud

  Aussie credit card customers could find their risk of being defrauded reduced thanks to online measures being taken by the Commonwealth Bank of Australia (CBA).In an iTnews report, it is noted that merchant business ...

  Wed 29th Apr, 2009 (1 Comment)
• 

  PayPal Australia launches new e-commerce scheme

  PayPal Australia is undertaking a new initiative to help get more organisations engaged with e-commerce.Consumers can use the payment system to securely make an online purchase using their credit card - without allowing the ...

  Tue 28th Apr, 2009
• 

  National lending laws 'will affect credit card firms'

  Credit card firms will be among those affected by draft national lending laws announced earlier this week, according to the Sydney Morning Herald.Under the proposed legislation - which could take effect later this year - ...

  Tue 28th Apr, 2009
• 

  Credit cards benefit from Rudd payment

  The cash boost that Australians recently received from prime minister Kevin Rudd has been used by many to help ease the burden of credit card debt, it has been claimed.A total of A$7.7 billion was given out by the government ...

  Mon 27th Apr, 2009
• 

  Law change 'could help with credit card debts'

  A change to consumer credit laws could give a helping hand to those people struggling with credit card debts.The law changes are designed to give extra legal rights to people who owe up to A$500,000. It covers a number of ...

  Mon 27th Apr, 2009
• 

  Credit card co-signatories 'need to be careful'

  Caution is required on the behalf of those becoming a joint holder on a credit card.Such is the assertion of James Lonie, partner at Sydney-based law firm Henry Davis York, who writes in an article for the Australian that ...

  Fri 24th Apr, 2009
• 

  NAB Credit Cards 'under fire'

  National Australia Bank (NAB) has been criticised for failing to help a struggling single mum get information about the extent of her credit card debt.On behalf of Helen Hill, a mother of three from Melbourne, the Consumer ...

  Fri 24th Apr, 2009
• 

  Credit card settlement advice given

  Those considering a credit card settlement as a means of getting to grips with their finances should consider such an option cautiously.Indeed, Money-AU.com points out that with so many people looking to drastically reduce ...

  Fri 24th Apr, 2009
• 

  Aussie credit behaviour 'undergoing change'

  A change of approach has been noted in regards to the way Aussies use plastic cards, an industry expert claims.Speaking at the American Chamber of Commerce in Australia, Eddie Grober - executive vice-president of MasterCard ...

  Thu 23rd Apr, 2009
• 

  ANZ Bank products praised

  A pair of Australian banking products on offer from ANZ Bank have seen the financial institution win two awards.The ANZ SmartyPig Savings Account - an online saver account making use of Web 2.0 technology - and the ANZ ...

  Thu 23rd Apr, 2009
• 

  Reader points to regular credit card use

  Although many Aussies may be struggling with getting to grips with various monetary commitments, one person has revealed how she has kept a tight financial ship.In a comment posted on News.com.au, a reader named Lolita ...

  Thu 23rd Apr, 2009
• 

  Symantec: Aussie credit card details to be targeted

  Aussie credit consumers should be aware that their credit cards are likely to be targeted by internet criminals.Such is the assertion of Symantec, where in its latest Internet Security Threat Report, it states online crime ...

  Wed 22nd Apr, 2009
• 

  ANZ Bank offers help to business credit card customers

  ANZ Bank has announced it is to offer assistance to small businesses as the financial downturn rumbles on.Moves by the bank will see those ANZ customers currently experiencing financial difficulties given tailored advice on ...

  Wed 22nd Apr, 2009
• 

  How to avoid paying unnecessary credit card fees

  There are some cunning credit card holders who have managed to avoid paying out on unexpected credit card fees. There are some cunning credit card holders who have managed to avoid paying out on unexpected credit card fees. ...

  Tue 21st Apr, 2009
• 

  Paying off credit card debt is 'great'

  Using money from the government's financial stimulus package to pay off credit cards is a particularly good idea, a leading politician claims.Speaking to 2GB radio talk show host Chris Smith, assistant treasurer Chris Bowen ...

  Tue 21st Apr, 2009