Mozo credit card news and advice

Credit card holders to be hit with more interest rate rises

Thu, 04 Mar 2010 13:00:00 GMT

Australian credit card holders will face higher repayment costs as the major banks raise interest rates this month.

Mozo finds ATM fee reforms have failed

Wed, 03 Mar 2010 13:00:00 GMT

Financial comparison website mozo.com.au has found many Australian consumers are paying more in ATM fees now than they were 12 months ago.

Expert compares credit card solutions

Tue, 02 Mar 2010 13:00:00 GMT

A finance specialist has offered consumers advice as to whether they should pay off their credit cards with the highest balance first or those with a higher rate.

Credit card users warned about cost of web scams

Sun, 28 Feb 2010 13:00:00 GMT

Credit card users need to be cautious when using the web, a new report has warned.

'Expect the RBA to raise rates further'

Thu, 25 Feb 2010 13:00:00 GMT

The Reserve Bank of Australia (RBA) is likely to raise the official cash rate at its meeting next week, a commentator has predicted.

Motorists left with more spare cash as petrol price cycle collapses

Thu, 25 Feb 2010 13:00:00 GMT

Motorists may be left with more spare change in their pockets as the weekly fuel pricing cycle appears to have collapsed.

Airlines demand credit cards for in-flight payments

Wed, 24 Feb 2010 13:00:00 GMT

A number of airlines are switching to "cashless cabins" whereby air crew will no longer be able to accept cash as payment for on-board snacks and refreshments.

Australians 'should compare credit cards to save on fees'

Tue, 23 Feb 2010 13:00:00 GMT

Australian bank customers should compare credit cards to avoid paying excessive fees, it has been suggested.

Grocery shoppers 'spend little and often'

Thu, 18 Feb 2010 13:00:00 GMT

A growing number of Aussies are abandoning their big weekly shop in favour of topping up grocery supplies when they need to, it has been revealed.

ATM fee warning saves Aussies $125m

Sun, 14 Feb 2010 13:00:00 GMT

ATM alerts that warn customers about the fees incurred for withdrawing cash have helped to save Australians $125 million, it has been revealed.

Woolworths allows shoppers to compare prices online

Thu, 11 Feb 2010 13:00:00 GMT

Grocery shoppers will be able to quickly compare prices after Woolworths put the cost of 5,000 items online.

Customers 'more confident' about credit card spending

Thu, 11 Feb 2010 13:00:00 GMT

Aussies spent a record $22 billion on credit and charge cards in December last year while card repayments also rose during the month.

Financial counsellors expect to be swamped with debt concerns

Wed, 10 Feb 2010 13:00:00 GMT

Financial advisers are expecting to be overwhelmed with debt concerns as households struggle to pay higher water and power bills this year, the Herald Sun has said.

Qantas-Woolworths rewards do not extend to credit cards

Wed, 10 Feb 2010 13:00:00 GMT

Qantas Airways has stepped up efforts to encourage its customers to sign up for a Woolworths loyalty card.

Aussies 'lack knowledge about their credit profiles'

Tue, 09 Feb 2010 13:00:00 GMT

Australians are damaging their chances of securing loans and credit cards because they lack knowledge about their credit profiles, industry experts have said.

Credit card fraud crackdown targets taxi drivers

Sun, 07 Feb 2010 13:00:00 GMT

The taxi industry is set to crackdown on drivers who scam passengers that use credit cards as payment.

Diners' finances squeezed by the price of water

Tue, 02 Feb 2010 13:00:00 GMT

Aussie diners have had their finances hit by the huge mark-ups on the cost of water in restaurants.

Customers wait to see if credit card rates go up

Mon, 01 Feb 2010 13:00:00 GMT

The major Australian banks may still raise credit card interest rates despite the Reserve Bank's (RBA) decision to keep the official rate at its present level, a commentator has suggested.

Home loan holders 'should avoid making repayments by credit card'

Mon, 01 Feb 2010 13:00:00 GMT

Aussies should avoid paying off their mortgage debt with a credit card, an expert website has advised.

Shoppers lose out in loyalty programmes

Sun, 31 Jan 2010 13:00:00 GMT

Aussie shoppers are not getting a good return on supermarket reward schemes, a new report has found.

Woolworths cut prices to attract shoppers

Thu, 28 Jan 2010 13:00:00 GMT

Woolworths may have begun a supermarket price war after it cut prices on thousands of items in a bid to attract customers.

Switching cards can slash interest rate

Wed, 27 Jan 2010 13:00:00 GMT

Australians concerned about how much interest they are paying on the credit cards should consider switching, it has been claimed.

More Aussies fall victim to credit card debt traps

Wed, 27 Jan 2010 13:00:00 GMT

High credit card spending at the end of last year has led to a 25 per cent increase in debt collection work.

Shoppers to have more spare cash as grocery bills fall

Tue, 26 Jan 2010 13:00:00 GMT

Grocery bills look set to fall after a supermarket chain agreed to end store price variations.

Inventor maxes out credit cards to follow his dream

Mon, 25 Jan 2010 13:00:00 GMT

A passionate Aussie inventor has stretched his personal finances to the very limit to follow his dream.

'Unfair' credit cards charge Aussies hidden fees

Sun, 24 Jan 2010 13:00:00 GMT

Aussies are paying more than they expect in credit card interest charges because of a range of hidden fees.

Westpac blocks skimmed cards in NSW

Thu, 21 Jan 2010 13:00:00 GMT

Australian bank Westpac has blocked more than 10,000 skimmed cards in the wake of the country's largest card fraud operation.

Credit card spending reaches new high

Wed, 20 Jan 2010 13:00:00 GMT

Credit card spending soared in November last year as confidence returned among Aussie shoppers.

Credit card scam is costing Aussies millions

Tue, 19 Jan 2010 13:00:00 GMT

A credit card scam has resulted in the theft of $50 million from more than 100 accounts in New South Wales.

Mozo urges caution over balance transfer cards

Mon, 18 Jan 2010 13:00:00 GMT

Financial comparison website Mozo has warned Australians with high credit card debt to think carefully before opting for a special low rate balance transfer.

Bankruptcy 'not necessarily quick and easy'

Wed, 13 Jan 2010 13:00:00 GMT

Australians should not assume that bankruptcy is a quick and easy means of getting out of credit card debt, an expert has said.

Compare credit cards to reduce debt, expert says

Mon, 11 Jan 2010 13:00:00 GMT

Expensive debt from the Christmas and New Year splurge should prompt Aussies to compare credit cards, an expert has said.

Credit card applications can be 'a black mark' on credit reports

Mon, 11 Jan 2010 13:00:00 GMT

Many Aussies are struggling to gain bank credit because of the country's negative system of credit reporting, a commentator has said.

Credit card spending grows as Australia becomes a 'cashless society'

Sun, 03 Jan 2010 13:00:00 GMT

Credit and debit card spending is growing as the number of people making ATM cash withdrawals continues to fall.

Christmas credit card spending expected to top £22bn

Wed, 30 Dec 2009 13:00:00 GMT

Retailers have said that the holiday season has been a good one for sales this year, with Australian credit card spending expected to top $22 billion over the period, the Sydney Morning Herald (SMH) reports.

Credit cards set for Boxing Day workout

Wed, 23 Dec 2009 13:00:00 GMT

An estimated six in ten Australian shoppers will hit the shops for the Boxing Day sales, new research has found.

Aussie banks expect to raise interest rates further

Tue, 22 Dec 2009 13:00:00 GMT

The major banks have warned of further interest rate rises in 2010.

Credit card spending up in the final week before Christmas

Tue, 22 Dec 2009 13:00:00 GMT

Retail sales have shot up this week as Aussies target last-minute bargain buys, the Daily Telegraph reports.

High credit card limits reduce home loan suitability

Mon, 21 Dec 2009 13:00:00 GMT

Bank customers with high credit card limits are less likely to be approved for a home loan, an expert has said.

Credit card spending down as customers target repayments

Wed, 16 Dec 2009 13:00:00 GMT

The value of credit and charge card transactions fell by 0.3 per cent in October, according to figures from the Reserve Bank of Australia (RBA).

Credit card spending down as retailers note shopping decline

Tue, 08 Dec 2009 13:00:00 GMT

The Australian National Retailers Association (ANRA) has described current retail turnover figures as sluggish and has said that spending is likely to be down at Christmas in the wake of interest rate rises.

Companion cards increase credit card rewards

Mon, 07 Dec 2009 13:00:00 GMT

All major Aussie banks are now offering companion reward cards with credit cards, making it an ideal time to compare credit cards.

Check credit card limit before Christmas, expert advises

Sun, 06 Dec 2009 13:00:00 GMT

A finance expert has warned of the dangers of overspending at Christmas.

NAB announces a contactless credit card Christmas

Thu, 03 Dec 2009 13:00:00 GMT

National Australia Bank (NAB) has announced that its customers will be able to have a contactless Christmas, in news that may be of interest to those looking to compare credit cards.

Aussies may be preparing to compare credit cards as retails sales rise

Wed, 02 Dec 2009 13:00:00 GMT

Aussies looking to compare cheap credit cards in the build-up to Christmas may be interested to learn that retail sales are on the up.

Tips offered to rescue savings accounts from an expensive Christmas

Sun, 29 Nov 2009 13:00:00 GMT

Those worried that their high interest savings and credit cards may take a hit as the festive season approaches may want to take heed of advice from New Limited.

Savings accounts will be 'more secure'

Sun, 22 Nov 2009 13:00:00 GMT

Australian savings accounts may be made more secure online following the demands of one regulator.

Credit card use 'up in September'

Thu, 19 Nov 2009 13:00:00 GMT

Aussie charge and credit card usage rose in September, according to new figures.

Credit card accounts 'should be monitored'

Wed, 04 Nov 2009 13:00:00 GMT

Australians are being encouraged to monitor their credit card accounts more vigilantly.

Are credit card rates increasing?

Tue, 03 Nov 2009 13:00:00 GMT

Next time people go to compare credit cards, it could be that they find rates have been increasing.

Visa credit cards get 2013 chip and pin deadline

Sun, 01 Nov 2009 13:00:00 GMT

All Visa credit card customers who currently sign on the dotted line when making a purchase will instead have to use a four-digit personal identification number (pin) by 2013.

Credit cards 'offer flexibility'

Tue, 27 Oct 2009 13:00:00 GMT

Credit cards can be a flexible way of borrowing money, according to a new report.

Government regulations on credit cards 'a step in right direction'

Mon, 19 Oct 2009 14:00:00 GMT

The government's legislation on responsible lending is a step in the right direction for people looking for cheap credit cards and other forms of credit.

'Keep an eye on credit cards' to avoid scams

Mon, 12 Oct 2009 14:00:00 GMT

People looking to compare cheap credit cards can do a number of things to protect themselves against identity theft and fraud.

Aussie star 'is best-value-for money'

Wed, 07 Oct 2009 14:00:00 GMT

People with high interest savings may be interested to learn that one Aussie starlet has been voted Hollywood's best value-for-money actress.

Parents using credit cards to pay for school lunches

Sun, 04 Oct 2009 14:00:00 GMT

More and more parents are opting to use their credit cards to pay for their children's school lunches, according to reports.

One in ten Aussies hit by credit card crime

Wed, 30 Sep 2009 14:00:00 GMT

Over 20 per cent of people have reported having their identity stolen, according to new research.

Aussies increasing credit card repayments

Tue, 22 Sep 2009 14:00:00 GMT

Australians with credit cards made repayments of $19.839 billion in July 2009, according to figures released by MasterCard.

ANZ 'one of greenest banks'

Thu, 10 Sep 2009 14:00:00 GMT

Australian environmentally-friendly consumers looking to compare credit cards may be interested in the results of a new survey.

Lenders must ensure credit cards are suitable for consumers

Wed, 02 Sep 2009 14:00:00 GMT

People looking for low interest home loans may be keen to learn about a new piece of legislation.

Tips offered for credit card debt

Mon, 31 Aug 2009 14:00:00 GMT

Several experts have offered advice as to how Australians can manage their debt.

Reserve bank to continue credit cards regulation

Wed, 26 Aug 2009 14:00:00 GMT

Those looking to compare credit cards may be interested in the latest news from the Reserve Bank of Australia.

MySpace credit card launched

Wed, 26 Aug 2009 14:00:00 GMT

People looking to compare credit cards may be interested to learn of a new development within the industry.

Consumers 'key to beating downturn'

Tue, 25 Aug 2009 14:00:00 GMT

Australian consumers hold the key to emerging from the downturn, one expert has claimed.

New credit card rules welcomed

Tue, 18 Aug 2009 14:00:00 GMT

In news that may be of interest to those seeking to compare credit cards, one financial commentator has welcomed forthcoming rules on lending.

Police suspect credit card scanners in operation

Sun, 16 Aug 2009 14:00:00 GMT

Police suspect criminals may be able to access details from people's credit cards without touching them.

Credit card customers set for contactless payments at 7-Eleven

Tue, 04 Aug 2009 14:00:00 GMT

Consumers searching for cheap credit cards will soon be able to make contactless payments at a chain of convenience stores.

Australians urged to compare credit cards

Mon, 03 Aug 2009 14:00:00 GMT

People looking for cheap credit cards may be interested in the advice of a recent article on news.com.au.

Late payment credit card fees 'should be scrapped'

Tue, 28 Jul 2009 14:00:00 GMT

Consumers' attempts to obtain cheap credit cards could be boosted following calls for the removal of late payment fees.

Beware credit card debt consolidation deals

Sun, 26 Jul 2009 14:00:00 GMT

Consumers should be wary of offers to consolidate credit card debts and reduce payable interest rates as they can often just add to the debt burden, it has been claimed.

Cabbie banned after credit card fraud

Wed, 22 Jul 2009 14:00:00 GMT

A taxi driver facing a slew of offences including credit card fraud has had his application for the redemption of his licence rejected.

ATO payment scheme riles consumer watchdog

Sun, 19 Jul 2009 14:00:00 GMT

A new initiative from the Australian Tax Office (ATO) which lets people pay off their outstanding tax obligations via credit card has come under fire from consumer groups.

Telstra customers hit with credit card payment fee

Sun, 19 Jul 2009 14:00:00 GMT

Telstra customers will soon be stung by additional credit card processing fees as a result of a raft of new charges that target those paying their bills in person.

Credit card spending on the up

Wed, 15 Jul 2009 14:00:00 GMT

Australians spent $17.77 billion on credit cards and debit cards in May, an increase of 2.3 per cent on the previous month, new data from the Reserve Bank of Australia (RBA) has shown.

Consumers turning their back on debt

Tue, 14 Jul 2009 14:00:00 GMT

Concerned about employment prospects, many Australians were reluctant to take on new debt in May, the latest figures from the Australian Bureau of Statistics (ABS) show.

Wising up to overseas credit card fees

Sun, 12 Jul 2009 14:00:00 GMT

Aussies heading off on holiday in the coming months need to wise up to the risks of using their credit card overseas.

Aussies know credit card fees but still pay late

Sun, 05 Jul 2009 14:00:00 GMT

Although Aussies have taken the time to compare credit cards and are well aware of the the payment charges, many are still being stung by late fees.

Finance officer under fire for credit card misuse

Thu, 02 Jul 2009 14:00:00 GMT

A chief finance officer in a state department in Pilbara has been charged with theft offences after using a government credit card to make personal purchases.

Cheap credit cards could be better than payday loans

Tue, 30 Jun 2009 14:00:00 GMT

Cash-strapped Aussies who turn to payday loans may be better off getting their hands on cheap credit cards.

Credit card users missing out on rate cuts

Mon, 29 Jun 2009 14:00:00 GMT

Despite the Reserve Bank of Australia's (RBA) decision to knock 4.25 percentage points of the base interest rate since September, many credit card users have seen their rates increase.

Credit card reward scheme gets seal of approval

Thu, 18 Jun 2009 14:00:00 GMT

Consumers are set to get a better deal from Woolworths credit card reward schemes and the Qantas frequent flyer programme now that the pair have teamed up to create a new loyalty initiative.

ANZ Travel Card comes up trumps over credit cards overseas

Wed, 03 Jun 2009 14:00:00 GMT

The ANZ Travel Card is a cost-effective alternative to using credit cards while on your hols, the Sydney Morning Herald has found.

Carefree consumers cherishing crunch

Tue, 02 Jun 2009 14:00:00 GMT

With no home loan payments to make each month and a life virtually free from credit card debt, 28-year-old Patrick Gallagher is optimistic about his prospects, despite being made redundant.

Aussies wipe out credit card debt with Rudd bonus

Tue, 26 May 2009 14:00:00 GMT

Cash savvy Australians benefiting from the latest round of government handouts are using the money to pay off their credit card debts, new figures have revealed.

Make prompt payments to dodge credit card debt

Tue, 26 May 2009 14:00:00 GMT

Many households are paying up to 30 per cent more in bank fees than necessary, according to the latest figures, much of which can be attributed to credit card debt.

Criminal credit card mistakes

Mon, 25 May 2009 14:00:00 GMT

Customers considering turning to plastic money must compare credit cards to secure the best deal, it has been claimed.

Card spending up along with repayments

Thu, 21 May 2009 14:00:00 GMT

Credit card spending rose a hefty 9.6 per cent over the course of March, the latest figures from the Reserve Bank of Australia (RBA) show.

Dodgy debt collectors preying on vulnerable Aussies

Thu, 14 May 2009 14:00:00 GMT

The number of dodgy debt collectors preying on struggling consumers has grown dramatically since the start of the downturn,

Borrowers 'should avoid rising credit card charges'

Wed, 13 May 2009 14:00:00 GMT

Although the official base rate set by the Reserve Bank of Australia and other central banks across the world have fallen in recent months, credit card borrowers should not assume that the rate they are being charged on their card will also fall.

Discipline needed for credit card balance transfers

Tue, 12 May 2009 14:00:00 GMT

While opting for a balance transfer deal could be an ideal way for those looking to compare credit cards to get their finances under control, doing so requires discipline.

Credit card struggles revealed by Wesley Mission

Thu, 07 May 2009 14:00:00 GMT

Sydney residents are struggling to keep on top of their finances, new research reveals, with credit cards proving to be a particular area of difficulty.

New credit cards launched by Singapore Airlines and Westpac

Thu, 07 May 2009 14:00:00 GMT

Those looking to compare credit cards may be interested to hear details of a new deal offered by Singapore Airlines.

Sorting out credit cards 'can help repair damage to credit report'

Wed, 06 May 2009 14:00:00 GMT

Credit card debt should be one of the first areas to tackle for Aussie consumers looking to repair a damaged credit rating, it has been claimed.

Credit card rates under the spotlight

Mon, 04 May 2009 14:00:00 GMT

With the Reserve Bank deciding to leave interest rates on hold this month, it is unlikely that those who compare credit cards will find rates getting any lower.

Credit card chargeback a godsend in Kleenmaid scandal

Tue, 28 Apr 2009 14:00:00 GMT

The collapse of Kleenmaid has brought to light the dangers of buying goods from companies on a shaky financial footing, with the 4,500 customers who paid in part or in full for Kleenmaid's products told recently that they are unlikely to see their cash again.

Single mum takes on NAB over credit card debt

Sun, 26 Apr 2009 14:00:00 GMT

A single mother is taking National Australia Bank to court over claims it failed to offer her support in enquiring about her credit card debt.

Aussies ditch credit cards, warm to debit

Sun, 26 Apr 2009 14:00:00 GMT

As the recession bits, Aussies are growing more cautious towards credit card debt and are paying for items on debit cards instead, one of the bosses at MasterCard has claimed.

Credit card debt soars despite weak Christmas

Tue, 21 Apr 2009 14:00:00 GMT

Total personal credit card debt in Australia grew 1.7 per cent in February, the latest figures from the Reserve Bank of Australia (RBA) show.

Retailers compare credit cards with cash purchases

Thu, 16 Apr 2009 14:00:00 GMT

Electrical and furniture retailer Gerry Harvey has noted a rise in cash purchases as consumers turn away from even low-rate credit cards.

Aussies 'should look to consolidate credit cards'

Thu, 16 Apr 2009 14:00:00 GMT

Aussies have been urged to take steps to get their money management under control.

Rise in credit card expenditure noted

Wed, 15 Apr 2009 14:00:00 GMT

People are spending an increasing amount of money on their credit cards, new figures show.

Credit card holders 'should use money transfer to generate short-term cash'

Tue, 14 Apr 2009 14:00:00 GMT

Credit card consumers are being reminded that there are a number of methods at their disposal which can help them to quickly generate short-term cash.

Low-rate credit cards 'can help beat debt'

Mon, 13 Apr 2009 14:00:00 GMT

Low-rate credit cards can help consumers to beat debt even when lenders do not play fair, it has been claimed.

Aussies 'look to repay credit cards using stimulus cash'

Mon, 13 Apr 2009 14:00:00 GMT

Significant numbers of Aussies will use the cash received from the stimulus package to tackle their credit card debts.

Tips for credit card success

Tue, 07 Apr 2009 14:00:00 GMT

The days of cheap credit cards and pre-approved applications may be coming to an end for younger Australians, but there are a few ways to improve your chances of getting credit.

Women address credit cards

Thu, 02 Apr 2009 14:00:00 GMT

New figures show more women are addressing their credit cards as part of overall attempts to safeguard their own financial footing.

Tasmanians urged to take steps to repay credit cards

Thu, 02 Apr 2009 14:00:00 GMT

Those living in Tasmania are taking a more positive view of their finances.

Credit card debt hits $3,500

Wed, 01 Apr 2009 14:00:00 GMT

Australians have an average of $3,500 outstanding on their credit cards, news.com.au claims.

Credit card rates still stubbornly high

Wed, 01 Apr 2009 14:00:00 GMT

In spite of a string of interest rate reductions by the Reserve Bank, such cuts are yet to be reflected in many credit cards.

Spending spree continues in Feb

Tue, 31 Mar 2009 14:00:00 GMT

Aussies continued to spend at near-record levels in February, with many still splashing the free cash that landed in their bank accounts in December.

Credit card interest rates stuck in the clouds

Mon, 30 Mar 2009 14:00:00 GMT

While the economic crisis has ushered in a frenzy of interest rate cuts from the Reserve Bank of Australia, many credit card providers are flatly refusing to bring down rates on their credit cards.

Aussies looking to donate to charity

Sun, 29 Mar 2009 14:00:00 GMT

The credit crisis rumbles on but kind-hearted Aussies are still looking to do their bit for the greater good.

Debt stressed Aussies 'need to compare credit cards'

Sun, 29 Mar 2009 14:00:00 GMT

Those looking to get on a firm financial footing are urged to compare credit cards.

'Clear credit cards' with stimulus package

Thu, 26 Mar 2009 13:00:00 GMT

Aussies expecting a payout through the government's stimulus package shouldn't forget about clearing their credit card debts.

Westpac 'lacks Virgin's credit card cool'

Wed, 25 Mar 2009 13:00:00 GMT

Virgin's position as the company behind the most successful credit card launch in Australian history is unlikely to be challenged by Westpac.

Mozo finds 'cheap' credit cards have a sting in the tail

Sun, 22 Mar 2009 13:00:00 GMT

Online comparison site Mozo can reveal that many zero per cent credit cards are imposing hefty repayment rates for those who fail to pay off balance transfers in the introductory period.

Credit card firms making deals on debt

Thu, 19 Mar 2009 13:00:00 GMT

Many credit card firms are open to negotiation when it comes to people repaying their debts, one debt adviser has found.

Credit card payments up again, RBA finds

Wed, 18 Mar 2009 13:00:00 GMT

Aussies are continuing to plough money into paying off existing credit card debts amid fears about job security, new stats from the Reserve Bank of Australia (RBA) show.

Choice: Credit card loyalty doesn't pay

Wed, 18 Mar 2009 13:00:00 GMT

Nationwide consumer watchdog Choice is warning frugal Aussies to stay away from credit card loyalty schemes after finding that they are only worthwhile for big spenders.

'Feel no guilt' about wiping out credit card debts

Wed, 11 Mar 2009 13:00:00 GMT

No-one should feel guilty about putting money into savings accounts and paying off credit card debts, financial expert Ross Gittins reassures.

Qantas to bypass credit card companies

Tue, 10 Mar 2009 13:00:00 GMT

Qantas has announced that it wants to engage directly with its Frequent Flyer customers and bypass credit card companies in dishing out the bonuses.

Opt for a 'get out of jail free' credit card

Mon, 09 Mar 2009 13:00:00 GMT

Although the Reserve Bank has been pushing interest levels to record lows, many credit card companies have actually been raising their rates.

Credit card repayment 'makes complete sense'

Sun, 08 Mar 2009 13:00:00 GMT

Figures from the Reserve Bank of Australia showing that credit card repayments shot up in December indicate that Australian consumers are taking a sensible approach to paying off their debt, the West Australian's economics chief has surmised.

Credit card users urged to be on their guard

Thu, 05 Mar 2009 13:00:00 GMT

As National Consumer Fraud Week comes to an end, Queensland police are making one last bid to encourage people to keep credit card details and other personal data safe.

No more credit cards for ministers

Wed, 04 Mar 2009 13:00:00 GMT

Public servants have been banned from charging expenses on to government credit cards after one minister was found to have adopted some wild spending habits at the taxpayer's expense.

AMP in major credit card rebranding

Tue, 03 Mar 2009 13:00:00 GMT

With data showing that the country is heading into a recession, AMP has launched a major rebranding strategy in the hope of signing more people up to its bank term deposits and savings accounts.

RBA 'will cut again' on recession worry

Tue, 03 Mar 2009 13:00:00 GMT

Although many first-home buyers may have felt a little disappointed by the Reserve Bank of Australia's (RBA's) decision not to make an interest rate cut this month, experts are forecasting that it may take another big chop at the base rate as early as next month.

Woolies: bonus went on credit card debt

Thu, 26 Feb 2009 13:00:00 GMT

Most Aussies used prime minister Kevin Rudd's cash Christmas present to pay off debts on their credit cards and home loans, Woolworth's chief executive has claimed.

Credit card borrowing down as Aussies clear debts

Thu, 26 Feb 2009 13:00:00 GMT

The number of people feeling brave enough to compare credit cards and take on new personal debt decreased during January, new figures from the Reserve Bank of Australia (RBA) show.

Credit card delinquencies are up at ANZ

Wed, 25 Feb 2009 13:00:00 GMT

ANZ has seen the number of people falling behind on credit card repayments rise considerably since the onset of the financial crisis.

Accountants swamped in stimulus dash

Wed, 25 Feb 2009 13:00:00 GMT

Accountants across the country have seen their customer volumes soar as Aussies rush to get their tax returns filed in time to qualify for their slice of the $42 billion stimulus package.

Sneaky thieves force credit card cancellation

Tue, 24 Feb 2009 13:00:00 GMT

Careless Aussies who are taking a lax approach to home security are leaving their property to thieves.

Couples come to blows over credit card bills

Tue, 24 Feb 2009 13:00:00 GMT

As well as causing house prices to plummet and jobs to dry up, the financial crisis is also wreaking havoc on many people's home lives.

RBA soothes credit card charge fears

Mon, 23 Feb 2009 13:00:00 GMT

The Reserve Bank of Australia (RBA) has insisted that the new rules governing charges for using your credit card in an ATM not owned by your own bank will increase competition.

Lowbrow credit card scam from Underbelly actor

Mon, 23 Feb 2009 13:00:00 GMT

While his face may belie his true mood, Underbelly star Robert Rabiah Gharios is likely to be all frowns after being fined for leaving a botox clinic without paying.

Credit cards hurting average Aussies

Thu, 19 Feb 2009 13:00:00 GMT

The culture of racking up large debts on cheap credit cards and only paying the minimum back is landing many Australians in hot water.

Aussies use handout to clear credit card debt

Thu, 19 Feb 2009 13:00:00 GMT

Despite prime minister Kevin Rudd's earnest plea for Aussies to go on a bit of a spree with the free cash given out in December, most people chose to use it to clear their credit card debts.

Banks defend credit card rates

Mon, 09 Feb 2009 13:00:00 GMT

After receiving a hefty grilling from prime minister Kevin Rudd earlier this month for failing to bring more cheap credit cards on to the market, banks are now being forced to defend themselves against accusations that they are closing up shop to small businesses.

Credit card first in line for the chop

Tue, 03 Feb 2009 13:00:00 GMT

With the financial hangover of January out of the way, now is an ideal time to get back on an even keel, the Australian insists.

Middle income earners racked by debt

Thu, 22 Jan 2009 13:00:00 GMT

Australia's middle class is creaking under the strain of hefty home loan and credit card repayments, the Sydney Morning Herald reports.

Economic misery hitting rich and poor alike

Sun, 18 Jan 2009 13:00:00 GMT

Aussies on all rungs of the socioeconomic ladder are faltering under the strain of the global financial crisis, the Sydney Morning Herald reports.

GE Money cuts credit lines

Sun, 18 Jan 2009 13:00:00 GMT

GE Money has announced that it has made a strategic decision to limit the availability of credit to some of its customers in light of miserable financial conditions.

Credit card spending falls in November

Wed, 14 Jan 2009 13:00:00 GMT

Credit card spending dropped by nearly ten per cent over the course of November, figures from the Reserve Bank show.

Woolworths cuts credit card rates

Tue, 06 Jan 2009 13:00:00 GMT

Aussies on the hunt for a cheap credit card during these difficult economic times may do well to pop into their local Woolies next month as it drops its interest rates.

Economists say emergency Bank meeting off

Mon, 05 Jan 2009 13:00:00 GMT

It is unlikely that the Reserve Bank will hold an emergency meeting this month to have another chop at the base rate, economists have announced.

Beating loans woe and drastic plastic bills

Sun, 04 Jan 2009 13:00:00 GMT

As the new year gets underway, many Aussies may be looking for a spot of advice to peg back their home loan and credit card debt, particularly considering the current economic scenario.

Mac Bank 'sets the standard' with new credit card

Sun, 04 Jan 2009 13:00:00 GMT

Macquarie Bank has given other credit card providers plenty of food for thought with its new "business class" plastic offering, Business Spectator has enthused.

2009: how to save

Thu, 01 Jan 2009 13:00:00 GMT

While many people may still be nursing their heads after some serious seasonal partying, Nine MSN has offered up a few tips to help people avoid a nasty financial hangover from the money misery of 2008.

New credit card causes problems at Microsoft

Sun, 07 Dec 2008 13:00:00 GMT

At a time when many people may be struggling with bill payments, one Australian man has had a slightly different problem trying to pay off his email service debts: Microsoft won't take his money.

Swan calls for credit card cuts

Tue, 02 Dec 2008 13:00:00 GMT

Although some banks have been quick to pass on rate cuts on low-interest home loans, Federal treasurer Wayne Swan wants to know why there aren't more cheap credit cards on the market.

Consumers call on credit cards for Christmas cash

Thu, 27 Nov 2008 13:00:00 GMT

This festive season, millions of Aussies will rely on credit cards to see them through the Christmas period, a new study has claimed.

Death knell sounds for easy credit

Thu, 20 Nov 2008 13:00:00 GMT

The era of cheap and easy credit approval is over, analysts have warned.

Women find plastic less than fantastic

Thu, 20 Nov 2008 13:00:00 GMT

Many women's love affair with credit cards is well and truly over, it has been declared.

Visa unveil keypad credit card

Tue, 18 Nov 2008 13:00:00 GMT

Visa has unveiled a new weapon in the fight against crime: a credit card with its own PIN keypad.

Aussies sceptical about shopping sprees

Mon, 17 Nov 2008 13:00:00 GMT

Australians are being decidedly cautious with their credit cards at the checkout amid fears of a recession, new figures show.

Consumers cancel Christmas as credit crunch bites

Tue, 28 Oct 2008 13:00:00 GMT

Santa may have a short night's work ahead of him on Christmas Eve if new figures are to believed.

Wayne weds Westpac and St George

Sun, 26 Oct 2008 13:00:00 GMT

Treasurer Wayne Swan has given his approval to Westpac's proposed $18.6 billion takeover of St George.

Aromatic credit cards put pong in purchases

Tue, 23 Sep 2008 14:00:00 GMT

Consumers indulging in a spot of retail therapy may find themselves benefiting from a whiff of aromatherapy as well following the launch of a range of scented credit cards.

'Give us discounts', Aussies urge

Fri, 12 Sep 2008 14:00:00 GMT

Consumers would rather have discounts than rewards with their credit cards as many attempt to tighten their belts in difficult times.

Crunch causing lending lull

Thu, 11 Sep 2008 14:00:00 GMT

Many Australians are finding it more difficult to get loans and credit cards as banks struggle to recoup losses, the Brisbane Times has claimed.

Avoiding the bad home loan

Thu, 11 Sep 2008 14:00:00 GMT

While Aussies are enjoying more choice when it comes to taking out a home loan, they shouldn't be blase about researching the best deal.

Retailers and banks team up for loyalty

Thu, 28 Aug 2008 14:00:00 GMT

Banks and retailers are forming an alliance to attempt to tempt customers to start spending again.