Credit Card News

Bad financial habits sending Aussies broke and making them stressed

Australia’s addiction to Afterpay and Uber Eats is hitting our hip pockets hard and sending us spiralling into debt, according to new research.

By Emma Duffy ● July 15, 2019

ASIC sets sights on ‘predatory’ short-term credit providers

ASIC may soon be flexing its new product intervention powers by going after short-term credit providers charging loan fees worth nearly 1000% of the original loan amount.

By William Jolly ● July 10, 2019

2 in 5 Australians can’t meet credit card repayments, study shows

It turns out Australians aren’t good with credit cards, with 2 in 5 people saying they can’t make their repayments on time, a study by credit bureau Experian has found.

By Emma Duffy ● July 08, 2019

A third of Australians feel embarrassed by their financial habits and debt

More than one-third of people feel embarrassed by their financial situation, a survey by Mortgage Choice has found.

By Emma Duffy ● July 05, 2019

Australians wasting nearly $4 billion on unused subscription services

Three in five Australians (62%) are wasting money on subscription services they either don’t use or have forgotten about, new research shows.

By William Jolly ● July 04, 2019

New Banking Code of Practice increases consumer protections

The banking rule book has been thrown out the window, with the new ASIC-approved Banking Code of Practice to come into effect today.

By William Jolly ● July 01, 2019

Macquarie Bank scraps international transaction fees on credit cards

Macquarie Bank has announced it will scrap international fees from its credit cards at the beginning of next month.

By Emma Duffy ● June 28, 2019

Qantas announces major changes to its frequent flyer program

Qantas has just announced the “biggest overhaul to the airline’s loyalty program in its 32-year history”, adding a million more seats and slashing the number of points needed for select flights.

By William Jolly ● June 20, 2019

Aussies not abandoning their credit and debit cards just yet

The number of purchases made on both credit cards and debit cards has increased in recent months, according to data from Australia’s central bank.

By William Jolly ● June 12, 2019

Afterpay for… healthcare? Buy now, pay later service testing medical payment options

Buy now, pay later company Afterpay is expanding its services to include healthcare, but the move has raised fears it will leave financially vulnerable patients exposed to creeping out-of-pocket costs.

By Emma Duffy ● June 11, 2019

Let us come to you. Get Savings in your inbox.

Let us come to you.
Get Savings in your inbox.