Credit Card News Archive History

Credit Card News 

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  RBA to maintain interest rate, economists say

  A host of economists believe the RBA will not up the official cash rate next month. The Reserve Bank of Australia (RBA) may maintain the interest rate at the beginning of next month, according to a recent study.An Australian ...

  Fri 28th May, 2010 (1 Comment)
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  Interest rate 'responsible for negative shifts in business sentiment'

  Business operators are sensitive to interest rates and petrol prices, one organisation has found. The Bank SA State Monitor has found that the largest negative shifts in business sentiments related to the interest rate, ...

  Fri 28th May, 2010
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  ABC Perth advises on how to help avoid credit card skimmers

  People should ensure they do not let their credit card out of their sight, according to ABC Perth. One publication has released tips on how to help avoid having your credit card skimmed by conmen.ABC Perth advises people to ...

  Fri 28th May, 2010
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  Banks take credit card skimming seriously

  Credit card skimming is not taken lightly by banks, one industry expert has said. Banks take a serious approach to credit card skimming.This is according to Australian Bankers Association spokeswoman Heather Wellard, who ...

  Thu 27th May, 2010
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  Impact on Aussie credit unions from Woolworths effect 'is a concern'

  Woolworths is having a concerning impact on credit unions in Australia, one newspaper suggests. The impact that Woolworths is having on Aussie credit unions is concerning, according to one publication.The Sydney Morning ...

  Thu 27th May, 2010
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  Roll-out of microchipped credit cards 'is a blow against conmen'

  It is becoming more important to ensure you keep your credit card pin number safe, one industry expert has said. The implementation of mirochipped credit cards has been a blow against counterfeiters.This is according to ...

  Wed 26th May, 2010
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  Credit card issuers have 'tightened up on interest rates'

  Consumers are being badly affected by cash rate increases, one industry expert has said. Credit card issuers and banks have restricted the conditions of some of their products recently, according to one industry expert.John ...

  Wed 26th May, 2010
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  ANZ condemns fake profile to catch out bad Aussie credit customers'

  A bogus Facebook account has been created by one member of staff at the ANZ bank to try to catch out people who had moved house without informing the organisation. A member of the debt collecting staff at the ANZ bank has ...

  Wed 26th May, 2010
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  Credit card conman took $114,600

  A man who pleaded guilty to credit card fraud has been allowed to walk free from court. A man who applied for a credit card online using a false name and ripped off a selection of financial organisations has pleaded guilty to ...

  Tue 25th May, 2010
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  Banks charge interest rate of up to 14,000% 'for exceeding overdraft'

  Banks are charging interest rates of up to 14,000 per cent when people go overdrawn. Some banks have been charging an annualised interest rate of up to 14,000 per cent to people who exceed their overdraft limit.Your Money - ...

  Tue 25th May, 2010
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  'Be careful' when transferring debt on to credit card

  There are dangers associated with transferring debt to a credit card, one industry expert has said. Australians need to be careful when they transfer debt over to their credit cards.This is according to one critic who ...

  Mon 24th May, 2010
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  Credit card and bank account scam alert

  Scammers are attempting to gain access to the bank account and credit card details of an energy supplier's customers. One electricity supplier has issued an alert to Australians about a telephone scam.The con involves people ...

  Mon 24th May, 2010
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  Aussie credit spending is growing "very modestly"

  The latest Commonwealth Bank BSI shows that the amount Australians spend is still increasing. The amount Australians are spending on their Aussie credit and debit cards is increasing, according to one report.This comes from ...

  Mon 24th May, 2010
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  People tricked into revealing Westpac bank account passwords

  A Russian website has tricked at least 50 people into giving out their account passwords and pin numbers. At least 50 people have been tricked into giving out their Westpac bank account passwords and pin numbers.This is after ...

  Fri 21st May, 2010
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  Australians cannot keep running up 'a natural credit card bill'

  It is not good for the economy to keep running up a natural credit card bill, one industry expert has said. People in Australia cannot keep running up a natural credit card bill, according to one industry expert.Oliver Yates, ...

  Fri 21st May, 2010
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  Cash drained from some Commonwealth Bank accounts

  Some Commonwealth Bank customers may have become victims of ATM skimming, it has been revealed. ATM skimming devices have been found in six shopping centres in Melbourne.The equipment was discovered on Commonwealth Bank ...

  Thu 20th May, 2010
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  Fees difference between charge and credit card 'not much'

  The fees that are enforced on charge and credit cards do not differ much, one writer has said. There is not a great deal of difference in terms of fees between a charge or credit card.This is the opinion of Lesley Parker, ...

  Thu 20th May, 2010
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  Environmental implications of 'paying off one credit card with another'

  People have to be aware about the environment when racking up credit card debt, according to one publication. It is not a good idea to pay off one credit card with another one.This is according to Senator Christine Milne of ...

  Wed 19th May, 2010
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  40% of women surveyed 'use credit cards and savings to fund holidays'

  Nearly half of females surveyed were found to use a credit card and savings to fund a vacation. A combination of credit cards and money from savings accounts are what 40 per cent of women use to finance their holidays, ...

  Wed 19th May, 2010
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  Identity theft 'is more than stolen credit card numbers'

  There is more than one type of identity theft, including stealing credit card details, according to one website. Some people may consider identity theft to just be people stealing credit card numbers, however that is not the ...

  Tue 18th May, 2010