As you get older it can be more difficult to get a credit card from your bank,so it’s best to act now.
We’re likely to see a flurry of changes to banks’ reward schemes in coming months,as the industry prepares for an RBA-driven overhaul.
The privacy commissioner formed a preliminary opinion that American Express was not protecting its customers from insider threats to their security. Then the credit card company’s lawyers got to work.
Despite the looming ban on credit card surcharges,there are still plenty of places offering big bags of frequent flyer points.
The ban is expected to save Australian consumers $1.6 billion a year in unnecessary fees,but will likely cause a dramatic cutback in the generosity of card points schemes.
Credit card interest rates are often painfully high,but there are better ways to protect consumers than the 10 per cent rate cap flagged by Donald Trump.
Reserve Bank governor Michele Bullock,the banks and credit card issuers are at odds over the fallout from a plan to cap fees when we tap and go.
Points are being devalued again,but this time it’s not the airlines that are doing it.
Two years ago,free transfer allowed you to escape interest for as long as 34 months. But those days are well and truly over.
The arcane system that sits beneath credit card loyalty schemes is being put under the microscope by a Reserve Bank plan to ban surcharging.