Credit Card News Archive History

Credit Card News 

• 

  Retailers 'cannot afford' proposed rises in card transaction fees

  Moves to increase processing fees for credit card transactions could have an impact on the cost of goods, it has been claimed. Plans to increase card fees could prove to be of detriment to retailers, it has been ...

  Fri 30th Oct, 2009
• 

  Rewards cards 'on the up'

  The popularity of reward companion credit cards has risen, it has been revealed. Reward credit cards are becoming increasingly commonplace, it has been reported.A Sydney Morning Herald article points out that with all four of ...

  Thu 29th Oct, 2009
• 

  Credit cards 'can be cost-effective alternative to personal loans'

  Those looking to borrow significant sums of money are advised to consider borrowing using a credit card rather through a personal loan. A credit card can prove to be a more competitive way of borrowing than taking out a loan, ...

  Wed 28th Oct, 2009
• 

  Failure to shop around 'costs consumers dear'

  Seeking out the best deals on credit cards and other financial products could save people more than $6 billion each year, it has been suggested. A failure to compare accounts is seeing Australians shell out billons of dollars ...

  Tue 27th Oct, 2009
• 

  Older people urged to stay safe online

  Elderly people are advised to ensure that their online bank accounts are not compromised by internet fraudsters. Older people are being urged to take steps to prevent transaction accounts, credit card details and other ...

  Tue 27th Oct, 2009
• 

  Australia 'prime target for credit card skimmers'

  International cybercriminals are focusing on Australia in their efforts to capture people's credit card information. Australia is viewed as an easy target for fraudsters to attempt to gain access to people's bank accounts, it ...

  Mon 26th Oct, 2009 (1 Comment)
• 

  Credit card market 'heating up'

  Sourcing a competitive credit card deal looks set to be an easier process, with a number of new products to be launched and interest rates and fees on existing cards falling. The Australian credit card sector is set to become ...

  Mon 26th Oct, 2009
• 

  Pay off cards quickly 'to avoid Christmas debt difficulties'

  Aussies planning on funding Christmas by using credit cards are being urged to ensure they pay off the balance as soon as possible. Those considering how they will fund their expenditure over the Christmas period are being ...

  Mon 26th Oct, 2009 (1 Comment)
• 

  Commonwealth expands online banking service

  Australians may find that they are able to manage their credit cards and other accounts effectively follow a number of improvements to Commonwealth Bank's NetBank service. Commonwealth Bank has unveiled a range of measures ...

  Fri 23rd Oct, 2009 (1 Comment)
• 

  People taking 'cautious approach to debt'

  The number of debit card transactions is outstripping those conducted on credit cards, it has been revealed. Australians are being more cautious about the way in which they manage their finances, new research indicates.In ...

  Thu 22nd Oct, 2009
• 

  Regional banks 'doing well'

  Although the past year has seen a number of challenges for the Australian banking sector, regional financial services firms are in "good shape". Despite the difficulties experienced over the past 12 months, a new ...

  Thu 22nd Oct, 2009
• 

  Stimulus scheme helping people 'get over the hump'

  The government's fiscal stimulus programme has helped boosted consumer confidence, one chief executive suggests. Australians are feeling more confident about spending money, it has been suggested.Pointing to a rise in ...

  Wed 21st Oct, 2009
• 

  Millions lost in credit card skimming scam

  Western Australia residents have lost millions of dollars to credit card fraud, it has emerged. Thousands of people in Western Australia have fallen victim to a credit card scam, it has been revealed.Under the fraud ...

  Wed 21st Oct, 2009
• 

  Government proposals 'could help reduce debt problems'

  New government plans could prevent those struggling with their finances from running up further debt, it has been claimed. Government plans to change the Privacy Act could help prevent those Australians in significant amounts ...

  Tue 20th Oct, 2009
• 

  Cost of raising a child unveiled

  Raising a child will set people back thousands of dollars, new research shows. The significant cost involved in having a family has been unveiled.Figures released by Practical Parenting magazine reveal that raising a child to ...

  Tue 20th Oct, 2009
• 

  People 'more willing to use credit cards'

  Consumers in South Australia are taking a more positive approach to spending money, it has been revealed. Those living in South Australia are increasingly looking to splash the cash on the high street, it has been ...

  Mon 19th Oct, 2009
• 

  NAB praised for rate cuts

  Steps by National Australia Bank (NAB) to remove fees across its bank account and credit card products should be followed by other banks, it has been claimed. Moves by National Australia Bank (NAB) to abolish or reduce a ...

  Mon 19th Oct, 2009 (1 Comment)
• 

  Aussies 'increasingly taking out credit cards'

  People are applying for credit cards and other borrowing products with greater frequency, new research shows. Australians are increasingly looking to take out financial products such as credit card and personal loans, it has ...

  Mon 19th Oct, 2009
• 

  NAB removes bank account fees

  Fees across a range of National Australia Bank transaction accounts are to be removed, it has been revealed. National Australia Bank (NAB) is to abolish a number of fees across its portfolio of bank accounts.Set to come into ...

  Fri 16th Oct, 2009
• 

  American Express looks to broaden credit card appeal

  Moves by American Express will see the lender attempt to increase the popularity of its credit card product range. A new advertising campaign from American Express is set to focus on the everyday appeal of credit card ...

  Fri 16th Oct, 2009 (5 Comments)