Credit Card News

Credit card use on the rise

The Reserve Bank’s latest payments system data shows a slight increase in the use of credit cards in February.

By William Jolly ● April 12, 2019

More Australians expect to increase their debt in 2019

The number of Australians who expect their debt levels to increase this year has grown significantly, according to a survey from EY.

By William Jolly ● April 09, 2019

Retail spending unexpectedly rises in February

Retail sales growth smashed expectations in February, rising 0.8% in seasonally adjusted figures, according to data from the Australian Bureau of Statistics (ABS).

By Emma Duffy ● April 03, 2019

Apple to release its own credit card

Tech giant Apple has staked its claim to a share of the credit card market, unveiling its new credit card product at an event California, called ‘Apple Card’.

By William Jolly ● March 26, 2019

Spending on flights hits fastest growth in 19 months

Commonwealth Bank research shows spending on airlines in February was up 1.7% – one of the highest gains of any sector.

By William Jolly ● March 20, 2019

‘Buy-Now-Pay-Later’ platforms like Afterpay and Zip hit 1.5 million users

From January 2018 to 2019, 1.59 million Australians used ‘buy-now-pay-later’ digital payment methods such as Afterpay and Zip, according to Roy Morgan Research.

By William Jolly ● March 18, 2019

‘Bank-xious’: 94% of Australians don’t trust their banks

An ME Bank survey of Australian banking customers has revealed the startling statistics on how Australians feel about their banks in the post royal-commission world.

By William Jolly ● March 18, 2019

Westpac tips Aussie dollar to slide to 68 US cents in 2019

Weak economic growth and cash rate cuts will drive the Australian dollar down to 68 US cents in the second half of 2019, according to Westpac economists.

By Dominic Beattie ● March 14, 2019

Australian credit card usage falls in January

Both the number and value of Australian credit card purchases fell in January, according to the latest Reserve Bank data.

By William Jolly ● March 12, 2019

Employees could soon choose how often they receive their salary

One new Australian fintech is seeking to change the way Australians get paid, by allowing them to access a portion of their regular salary early.

By William Jolly ● March 11, 2019

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