Australia to ban debit card surcharges.

Can Australia ban debit card surcharges?

It is reported that Australians are paying about $500 million a year on debit card surcharges.

The Albanese Government plans to ban these surcharges to save Australians from having to pay the fees that the retailers are charged.

Unless of course Albanese intends to … Read the rest

Average Australian Credit Card Balance Dec 2017

Australian Credit Card Financial Statistics December 2017.

The average outstanding balance of credit cards attracting interest charges in December 2017 was $1,903. This is the lowest December balance since 2004.

The average Credit Card spend per month, per card, was $1,716 in December 2017.

The average Credit Card transaction value … Read the rest

Australian Credit Cards with No Annual Fee

Australian Credit Cards with No Annual Fee.

Some of the Australian banks issue credit cards without an annual fee, some only give the first year free, as an incentive to sign up, but others offer lifetime free.

Coles Mastercard – No annual fee ever.

First Year Annual fee: $0 p.a.… Read the rest

Average Australian Credit Card Balance Dec 2016

Australian Credit Card Financial Statistics December 2016.

The average outstanding balance of credit cards attracting interest charges in December 2016 was $1,914. This is the lowest December balance since 2004.

The average Credit Card spend per month, per card, was $1,705 in December 2016.

The average Credit Card transaction value … Read the rest

Average Australian Credit Card Balance Dec 2015

Australian Credit Card Financial Statistics December 2015.

The average outstanding balance of credit cards attracting interest charges in December 2015 was $1,956. This is the lowest December balance since 2005.

The average Credit Card spend per month, per card, was $1,725 in December 2015.

The average Credit Card transaction value … Read the rest

Average Australian Credit Card Balance Dec 2014

Australian Credit Card Financial Statistics December 2014.

The average outstanding balance of credit cards attracting interest charges in December 2014 was $2,105. This is the lowest December balance since 2005.

The average Credit Card spend per month, per card, was $1,766 in December 2014.

The average Credit Card transaction value … Read the rest