Credit Card News Archive History

Credit Card News 

• 

  Fake credit card ring cracked

  Three people, including two Malaysians, have been arrested by Australian police in Melbourne after a counterfeit credit card ring was cracked.   Federal police seized 10,000 fake credit cards with a total credit limit of ...

  Fri 25th Nov, 2011
• 

  ATM security comes under fire

  Banks are coming under fire for not using their record profits to improve ATM security, though some are ready to make changes.   Greg Smith, New South Wales Attorney General, criticised banks at a recent security summit for ...

  Wed 23rd Nov, 2011
• 

  Sales figures for October offer positive signs to businesses

  Rising sales figures in October have offered good news for businesses with Australian consumers laying their frugality aside.   The 0.4% rise on the Commonwealth Bank Business Sales Indicator has come after rises in August ...

  Fri 18th Nov, 2011
• 

  Australians turning away from credit cards for Christmas

  Consumers are increasingly looking to turn away from debt, figures now show.   Credit card accounts have fallen in September for the first time in 17 years. Credit card limits have only grown by 1.5% over the past year, the ...

  Tue 15th Nov, 2011
• 

  Credit card fees outweigh value of rewards

  About half of all Australian credit card holders are getting no value from their credit card rewards because of fees.   Annual credit card fees are outweighing the value of bonus merchandise or air miles in most cases, it ...

  Fri 11th Nov, 2011
• 

  Credit card fraud 'still very low' in Australia

  MasterCard has sought to reassure Australians on the approach to Christmas that credit cards remain a safe form of payment.   Andrew Cartwright, MasterCard's senior vice-president and country manager for Australia, ...

  Mon 7th Nov, 2011
• 

  Retail sales up as confidence holds

  Retail sales in Australia rose in September for the third consecutive month, it was revealed this week. Figures from the Bureau of Statistics in Sydney show an increase of 0.4%, which follows a 0.6% rise from July to August. ...

  Fri 4th Nov, 2011