Credit Card News Archive History

Credit Card News 

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  Credit card demand falls

  People are making less use of credit cards, it has been revealed, although this could change over the coming months. Australians' use of credit cards continues to decline, new figures have shown.Between April and June, Aussie ...

  Fri 28th Aug, 2009
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  Many Aussies 'not changing financial approach'

  The majority of people are unwilling to change their approach to credit cards and other areas of personal finance despite the ongoing financial downturn, new research indicates. Although the economic crisis continues to ...

  Fri 28th Aug, 2009
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  RBA 'to carry on monitoring credit card fees'

  Credit card and EFTPOS transactions will continue to be monitored by the Reserve Bank of Australia, it has been reported. The Reserve Bank of Australia (RBA) has announced it will continue to regulate fees incurred on credit ...

  Thu 27th Aug, 2009
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  Commonwealth Bank reaches mobile banking milestone

  More than 100,000 Aussies have made use of Commonwealth Bank's mobile banking service, it has been revealed. Thousands of people are managing their Australian banking affairs online, new research shows.Since launching its ...

  Thu 27th Aug, 2009
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  ANZ Bank and MySpace offer young people prepaid cards

  Young Australians are being invited to take out a prepaid card on offer from ANZ Bank and a leading social networking website. Young people are being offered the chance to take out an ANZ Bank prepaid card, it has been ...

  Wed 26th Aug, 2009 (1 Comment)
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  Aussies 'still splashing out on weddings'

  Loved up couples are still prepared to spend thousands of dollars on getting married, it has been suggested. Despite the ongoing financial crisis, Australians are still prepared to splash out significant amounts of money on ...

  Wed 26th Aug, 2009
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  Couples 'need to be open about money'

  People have been urged to be open about money matters with their partners. It may not be the most romantic thing to talk about, but couples have been reminded of the importance of discussing personal finances.Writing in a ...

  Tue 25th Aug, 2009
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  Travel card 'effective way to spend'

  Holidaymakers looking for a cost-effective way to pay for goods abroad may well want to consider taking out a pre-loaded credit card. Making use of a pre-loaded credit card can be an effective means to pay for goods while ...

  Tue 25th Aug, 2009 (1 Comment)
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  Bankruptcy 'should be last resort'

  Planned changes to bankruptcy could help those who are suffering from money management problems, it has been claimed. Proposals to change the bankruptcy process should prove to be of benefit to those struggling with credit ...

  Tue 25th Aug, 2009
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  Man charged over credit card scam

  A 23-year-old has been charged for a credit card skimming scam in Adelaide. An Adelaide man has been arrested for his role in a credit card scam operation, it has been revealed.Police have charged the 23-year-old - an ...

  Mon 24th Aug, 2009
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  Savers advised to be cautious with term deposit products

  Savers need to be wary of long-term deposit accounts, it has been claimed. Although seeking a long-term fixed-rate term deposit account can see consumers receive a competitive rate of interest such products should selected ...

  Mon 24th Aug, 2009
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  Responsible lending rules approach for Aussie credit providers

  Ahead of new Aussie credit regulations, providers are reminded not to send unsolicited cards to customers. Aussie credit providers could soon find themselves committing to responsible lending rules as the introduction of the ...

  Fri 21st Aug, 2009 (1 Comment)
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  Aussie credit regulations 'could be relaxed'

  Relaxed Aussie credit regulations could shift power to the payment networks. Aussie credit regulations have come under the microscope recently, with the result that they could soon be relaxed.Both Visa and MasterCard have ...

  Fri 21st Aug, 2009
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  Infected websites 'put keystrokes at risk'

  Credit card details could be exposed after a visit to an infected website. Infected websites accessed by internet users could put Aussie credit card details at risk when using legitimate e-commerce sites later.Security ...

  Thu 20th Aug, 2009
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  Aussie credit card spend 'up by a tenth'

  Around a tenth more was spent on Aussie credit cards in June than in the previous month. New figures show that nine per cent more funds were placed on Aussie credit cards in June than in the previous month as more consumers ...

  Thu 20th Aug, 2009
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  Australia 'safe for investors'

  Careful use of Aussie credit cards is among the reasons why Australia has been given a favourable investment rating. Australia is one of the four safest countries in the world for investors, according to a new report.The ...

  Thu 20th Aug, 2009
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  ME Bank rewards savings account customer

  Linda Stephens claimed a new car after her savings account won her a Members Equity Bank competition. Members Equity (ME) Bank has given one of its savings account customers more than a competitive interest rate.The financial ...

  Wed 19th Aug, 2009
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  BOQ provides special banking to sea rescue group

  BOQ Rockingham is providing special banking services to a team of sea rescuers, just as it provides a variety of options to Aussie credit card customers. The Rockingham Volunteer Sea Rescue Group (RVSRG) is being provided ...

  Wed 19th Aug, 2009
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  Betting teens raid parents' credit cards

  Aussie credit cards have been used by some teens when gambling with their friends. A betting epidemic is hitting Australia's teenage population - with implications for some Aussie credit cardholders - it has been reported.The ...

  Tue 18th Aug, 2009
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  Credit cards used for e-book DRM

  Administrating digital rights management for e-book users is being done using Aussie credit cards. Aussie credit cards are moving beyond their use purely for payments to double as electronic library passes, it has been ...

  Tue 18th Aug, 2009