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Australian Credit Card News
Consumer Group Questions Rewards Credit Cards -- Rewards credit cards have always had one basic premise: the more you spend the more your rewards. This may no longer be true as it's getting mighty difficult to earn..... (more)
Supermarket Credit Cards -- Supermarket finance has put on a new coat with the advent of co-branded supermarket credit cards, such as the new Woolworths credit card and the Coles Group Source..... (more)
Money Magazine awards Australia's cheapest credit card -- Money Magazine recently held it's respected 'Best of the Best' awards for 2007.
A range of awards were given out for financial products including: * Credit Cards *..... (more)
Low Interest Debt Consolidation Loans -- testings (more)
Pressure for Credit Card Rate Cuts -- Pressure for credit card rate cuts
February 2009 has seen yet another
cut in official interest rates by the Reserve Bank of Australia (RBA)
bringing official..... (more)
End of the road for Virgin Credit | Replaced by Westpac Ignite --
It's the end of the road for the Virgin Credit Card six years after the card stirred up the Australian
credit card market.
Last year Virgin Money..... (more)
Consumers Cautious Over Credit Card Debt -- According to
recent official figures from the Reserve Bank of Australia (RBA)
Australians are being very cautious about credit card debt. The figures
show that credit..... (more)
Lower credit card rates -- Australian banks
have started to pass on rate cuts following pressure from
retailers. Until recently most of the major banks had done little
to pass on the wave of..... (more)
Gen Y Living For Today -- FEWER than 40 per
cent of young adults would have sufficient savings to maintain their
lifestyle if they lost their job tomorrow, a survey says.
Most of those in..... (more)
Credit Card Spend - 10 Year Low -- During April this year, credit card spending crew at the slowest rate
seen in over ten tears. Recent statistics would indicate that as
consumer struggle with..... (more)
Credit Card Debt Still Mounting -- Recent credit card statistics released by Citibank, which took account
of Visa
credit cards , MasterCard and American Express spending
trends, indicated that at least..... (more)
Major Bank Backs the Call for More Credit Card Data Sharing -- Commonwealth
Bank , one of the largest providers of credit cards
in Australia, is openly backing a proposal for an increased amount of
information on the credit..... (more)
Woolworths clashes with banks over credit card reform -- The Australian newspaper today (July 3 2008) has reported that
Woolworths has clashed with credit cards and banks following a call by
the credit card industry to move..... (more)
Ebay going ahead with PayPal plans -- It's the battle that the Wall Street Journal is calling the battle of
Ebay Vs. Australia. What they are talking about are the plans by Ebay
to eliminate all payment..... (more)
Commonwealth Bank Criticises Proposed Credit Card Reforms -- Commonwealth
Bank credit card division has harshly criticises the
proposals for credit card reform that could see its revenue earned
through credit card fees cut..... (more)
Mortgage stress leading to higher credit card debt -- Results from a new survey by Fujitsu Consulting and Wizard Home Loans
estimates that 91,000 West Austalian households will be experiencing
mortgage stress by the end of..... (more)
New parents put finances on back burner -- Having a child is one of the most exciting times in any couples lives
together but it can also be very stressful with the time involved
looking after a new baby. Often..... (more)
Australian Cashless Economy -- Australian banks and entrepreneurs or involved in the race to grab a
share of the $170 billion that Australians spend each year on
transactions worth $35 or less. Cash..... (more)
A+ - Best Credit Card Rates in Australia -- Check out our table below showing the best credit card rates and offers in Australia as listed by Click4Credit.com.au. We update the best offers from top banks including..... (more)
Aussie rebrands for wider appeal -- Australian finance company Aussie is launching a new brand image today. The company was founded in 1992 by John Symond, who has been the driving force behind the..... (more)
Australian credit card debt hits record high of $38.99 billion -- Australian credit card debt hit a record high of $38.99 billion in December 2006 fueled by solid consumer spending in December on Christmas gifts and post-Christmas..... (more)
Australians 'lost without credit cards' -- A new survey conducted on behalf of Citibank Credit Cards shows that over 50% of Australians would be lost without a credit card.
The Asia-Pacific wide study..... (more)
Australians get creative designing their own credit cards -- For some time now credit cards companies have been looking for more creative ways to get new customers with offers such as 0% apr balance transfers for debt consolidation..... (more)
Bank issues credit card to a cat -- While most cats rely on their owners or their natural hunting instincts for food, one Australian cat gained the opportunity to buy his own after an Australian bank issued..... (more)
International Credit Card Usage Survey Launched -- Click4Credit is launching an international credit card usage to see how credit cards are used in Australia, New Zealand, Canada, USA and the UK. The survey takes..... (more)
Low Interest Credit Card Loans -- The last few years in Australia has seen increased competition in the credit card market with expanding Australian banks such as St.George and Bankwest looking for..... (more)
International Credit Card News
Credit Crunch: What Caused It & Who's To Blame? -- It's no
secret that the ongoing credit crisis that has plagued the American
economy since late 2006 has spread world-wide. Fueled by an
overwhelming increase in US..... (more)
Contactless Technology Not Understood -- A few years ago there was much talk of contactless technology allowing
credit cards to become the new cash and be used for quick, small value
transactions instead of..... (more)
"Illegal Immigrant Credit Card" sparks backlash -- One thing illegal immigrants to the USA traditionally find hard to get is a Visa. Now, thanks to the Bank of America they may be able to get one. Not in the form of a..... (more)
Capital One Announces Job Cuts -- Shares in US credit card giant Capital One Corp fell 1% on Wednesday 27th June following the news that the company is to do away with about 2,000 jobs, that's just over..... (more)
Teenagers lacking financial education -- A recent survey of British teenagers relating to credit cards has highlighted the need for financial eduction to be part of school education. The survey conducted by the..... (more)
Visa to sponsor World Cup -- Credit card network Visa International announced on Wednesday that it has reached a deal to sponsor the 2010 and 2014 World Cup soccer tournaments. Visa, owner of..... (more)
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