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News
Tax Time Cash Wipes $416m Off Credit Card Debt
1+ week, 7+ hour ago (830+ words) Australians wiped an impressive $416 million off their collective credit card debt in July, likely using returns from the tax office to knock down their high interest debt. While debt typically drops in July, this was the largest drop in dollar…...
Australia???s rewards credit cards are changing: How does it impact your card?
1+ week, 10+ hour ago (1546+ words) The RBA’s card surcharge ban (those pesky fees when you go to pay for something with a card) kicks in on 1 October. As part of the overhaul, the RBA is cutting the amount banks can charge at the back-end to…...
ANZ the last big bank to take the razor to rewards cards ahead of surcharge ban
2+ week, 5+ day ago (645+ words) ANZ has announced sweeping changes to its rewards credit cards to come into effect from 28 September, three days before the RBA’s surcharge ban kicks in. ANZ has announced changes to all of its credit cards, not just its rewards ones,…...
CBA reveals details of credit card overhaul ahead of October surcharge ban
3+ week, 5+ day ago (1036+ words) The Commonwealth Bank has announced changes to its rewards credit cards to come into effect on 29 September, two days before the RBA’s surcharge ban kicks in. The details, which are being sent to CBA credit cardholders today, present a major…...
CBA revamps its rewards offering in a bid for more one-stop-shop customers
3+ week, 5+ day ago (856+ words) Australia’s biggest bank has announced an overhaul of its CommBank Yello program in a bid to convince customers to take out more financial products with the bank. The revamped program, which comes into effect on 1 October, will allow customers to…...