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News
Consumers forced to pay $95 fee to use popular credit card starting September 28
22+ hour, 27+ min ago (36+ words) SELECT cardholders will be forced to pay a nearly $100 annual fee in just days as part of a policy update from a prominent credit union. These are fairly common for most popular credit cards, and......
Trump renews his calls to cap credit card fees
2+ day, 7+ hour ago (233+ words) President Donald Trump at the inaugural Republican midterm convention in Dallas revived his push to cap credit card swipe fees in a nearly two-hour address that also promised Americans a $5,000 payday if the GOP stayed in power. Wednesday's comments mark…...
CBA cuts merchant service fee to 0.99%
6+ day, 1+ hour ago (172+ words) CBA expects this to help businesses with costs, as card surchaging is set to end in October. The Commonwealth Bank of Australia (CBA) is reducing its merchant service fee to 0.99% per transaction for in-store payments from 1 October 2026. The fee was…...
‘Absurd’: CBA slugged 13 years of fees for inactive card
1+ week, 4+ day ago (1017+ words) September 2, 2026 — 5:00am The Commonwealth Bank charged a customer 13 years of fees for an unactivated credit card, and failed to realise that it was responsible for taking the money when the man got in touch after spotting the charges. CBA defended its…...
Westpac, St.George join other big banks to raise credit card fees and rates
2+ week, 5+ day ago (835+ words) Why did you choose this rating? More banks are joining the credit card downgrade party as Westpac and St.George announce sweeping changes to card rates, points and fees. These changes will make their credit cards more expensive and less…...
Big banks respond to impending surcharge ban
2+ week, 6+ day ago (38+ words) SMH.com.au Australia’s big banks are rolling out fee changes in response to the Reserve Bank’s credit card surcharge ban in October. Updated August 23, 2026 — 7:36pm,first published 7:32pm...
CIBC Dividend Visa Infinite: Supplementary Card Fees Rise to $50
3+ week, 2+ day ago (395+ words) CIBC documented this increase in its notice on upcoming changes to your CIBC credit card account, as well as in the updated cardholder agreement, in effect since August 1, 2026. This is a pricing grid update, not a public announcement. This $50 fee…...