Mozo debit card news and advice

Aussies shun ATMs to avoid fees

Sun, 14 Mar 2010 13:00:00 GMT

A growing number of Australians are boycotting ATMs to avoid high fees, it has been revealed.

Young Aussies 'were unaffected by the financial meltdown'

Mon, 08 Mar 2010 13:00:00 GMT

The global financial crisis did not have a huge impact on the spending habits of "Generation Y", it has been found.

Aussies spent more on TVs and sport in 2009

Mon, 08 Mar 2010 13:00:00 GMT

Australians spent a record amount on gyms, golf courses and sports courts last year, new research shows.

Mozo launches special financial comparison service for students

Sun, 07 Mar 2010 13:00:00 GMT

Financial comparison service Mozo.com.au has launched a student focussed section of its website called the Student Room to encourage all new and current university students to shop around and compare banks to ensure they are getting the best deal for their student banking needs.

Consumers control spending with debit cards

Thu, 21 Jan 2010 13:00:00 GMT

Growing numbers of Australians are using debit cards to control their spending, it has been claimed.

Visualise goals to help reduce debt, expert says

Sun, 17 Jan 2010 13:00:00 GMT

Credit card holders can help to reduce their personal debt by visualising future spending, an expert has said.

Debit card popularity grows as 'a safe alternative'

Tue, 12 Jan 2010 13:00:00 GMT

High credit card bills are encouraging Aussies to compare debit cards before switching to this safer alternative, an expert has said.

Shoppers prefer using debit cards and cash for Christmas buying

Sun, 20 Dec 2009 13:00:00 GMT

Shoppers are reluctant to use credit cards for Christmas shopping, preferring instead to pay with debit cards or cash, an expert has said.

Westpac wins debit card dispute

Thu, 17 Dec 2009 13:00:00 GMT

Westpac's decision to issue 900,000 new debit cards to customers who did not ask for them has been backed by the Federal Court.

Credit and debit cards 'are a travel must'

Thu, 26 Nov 2009 13:00:00 GMT

People heading away on holiday or going abroad for Christmas should be sure to compare credit cards before they jet off.

Aussies 'should take steps to protect savings accounts from scammers'

Sun, 15 Nov 2009 13:00:00 GMT

Aussies have been warned to be extra vigilant when it comes to protecting their personal information from scammers, who may try to access their savings accounts.

RBA: Credit card repayments outstripping transactions

Wed, 21 Oct 2009 13:00:00 GMT

Aussies have been paying back more money on their credit cards than they have been spending, according to the Reserve Bank of Australia (RBA).

Debit card withdrawal limits 'spur on criminals'

Sun, 18 Oct 2009 13:00:00 GMT

High limits on withdrawals on debit and credit card machines make Aussies a target for criminals, it has been claimed.

Aussies chose debit over credit in August

Thu, 15 Oct 2009 13:00:00 GMT

Aussies are increasingly opting for debit cards over credit cards, according to new figures.

Australians 'switching to debit cards'

Wed, 16 Sep 2009 14:00:00 GMT

More and more Australians are opting for debit cards instead of cheap credit cards, it has been discovered.

Debit card shoppers 'gaining confidence'

Sun, 13 Sep 2009 14:00:00 GMT

Shoppers, including those with debit cards and cheap credit cards, are gaining in confidence, it has been claimed.

Credit card users 'opting for their own banks' ATMs'

Mon, 07 Sep 2009 14:00:00 GMT

People are increasingly avoiding using their credit and debit cards at rival ATMs, it has been found.

Consumers spending more, using debit cards

Thu, 03 Sep 2009 14:00:00 GMT

Australian consumers are spending more, using debit cards among other forms of payment.

Couples still using savings accounts to get married 'despite recession'

Tue, 25 Aug 2009 14:00:00 GMT

The economic downturn has not put off Australian couples when it comes to using their savings accounts and getting married.

Australian travellers 'may not need to drain their savings accounts'

Mon, 24 Aug 2009 14:00:00 GMT

People looking to go away may not need to wipe out their savings accounts.

Aussie women 'making most of savings accounts' through online shopping

Sun, 23 Aug 2009 14:00:00 GMT

Australian women are making the most of what is in their savings accounts by using online services, it has been reported.

Debit card use increasing faster than credit cards 'due to changing attitudes'

Sun, 23 Aug 2009 14:00:00 GMT

A trend has reportedly developed which sees Australians routinely shifting from credit cards to debit cards.

Credit card spends up in June

Wed, 19 Aug 2009 14:00:00 GMT

Australians are increasingly opting for credit cards as their primary payment option, according to new research.

Bank accounts to incur less charges for being overdrawn

Sun, 02 Aug 2009 14:00:00 GMT

Customers who hold bank accounts with Westpac and St George Bank could soon feel less financial pressure after the lenders joined National Australian Bank in taking action against fees for being overdrawn.

1 in 7 Aussies hit by credit and debit card fraud

Thu, 30 Jul 2009 14:00:00 GMT

More than 15 per cent of Australians have been caught out by credit and debit card fraud in the past five years, ACI Worldwide has claimed.

Ex-cop 'holding 40 million bank details'

Thu, 23 Jul 2009 14:00:00 GMT

A former British police officer has declared that he is in possession of the details of 40 million people's credit card, debit card, current and savings account details.

Strathfield customers fume over debit card details dumped

Mon, 20 Jul 2009 14:00:00 GMT

Customers who shopped at an Albury, Victoria branch of Strathfield have expressed their outrage after their debit card and credit card details were found in a dumpster.

Smokes cost US$23 quadrillion in debit card mix-up

Thu, 16 Jul 2009 14:00:00 GMT

New Hampshire resident Josh Muszynski was charged a little over the odds after a trip to his local servo to pick up some cigarettes.

Hunter overhauls debit card system

Mon, 13 Jul 2009 14:00:00 GMT

Hunter United Employee Credit Union has entered the credit card market after swapping its old debit card processing system.

Credit cards fall from favour, debit cards in vogue

Thu, 09 Jul 2009 14:00:00 GMT

The Australian love affair with credit cards seems to be on the rocks, with consumers wooed by a new, more responsible suitor.

Credit and debit cards make ground on cash

Wed, 01 Jul 2009 14:00:00 GMT

Credit cards and debit cards are beginning to challenge cash as the preferred payment option in Australia.

Debit cards make money invisible to kids

Mon, 29 Jun 2009 14:00:00 GMT

As credit cards and debit cards become more popular, money is becoming "invisible" to many children, one personal finance expert has explained.

Debit cards help Aussies wave goodbye to debt

Sun, 28 Jun 2009 14:00:00 GMT

Consumers are turning their back on years of crippling credit card debt and are becoming increasingly keen on debit cards as a way of keeping spending under control.

Consumers deserve a little credit

Thu, 18 Jun 2009 14:00:00 GMT

Despite warnings of crippling credit card and home loan debts that will bring the country to its knees, the latest official figures show that Aussies are a fairly savvy bunch when it comes to managing their money.

Consumers shunning credit card debt

Wed, 17 Jun 2009 14:00:00 GMT

Australians are starting to put down their credit cards and are turning their attention to paying off debts, new figures from the Reserve Bank of Australia (RBA) suggest.

Nanotechnology to cut out debit card fraud

Sun, 14 Jun 2009 14:00:00 GMT

Scientists in Germany have unveiled a new technology that has been designed to stamp out credit card and debit card fraud for good.

Commonwealth urges customers to wise up to credit card scams

Tue, 02 Jun 2009 14:00:00 GMT

Commonwealth Bank has urged Australians to protect themselves against ID fraud after a spate of scams targeted customers by phone and SMS.

Crims publish credit card data online

Sun, 31 May 2009 14:00:00 GMT

The credit card and debit card details of thousands of Australian consumers has turned up online in a forum that can be accessed by anyone.

Tiger pounces on popularity of debit cards

Tue, 26 May 2009 14:00:00 GMT

Low-cost airliner Tiger has unveiled its new Tiger Raw tickets, which waive the standard $5 booking fee for flights booked with a Visa or Mastercard debit card.

Clued up travellers carry less cash

Tue, 26 May 2009 14:00:00 GMT

Australians are growing increasingly reliant on debit cards, credit cards and pre-payment cards overseas, a new study from Visa has shown.

Avoiding the credit card fraudsters

Mon, 25 May 2009 14:00:00 GMT

Australians worried about the implications of credit card and debit card fraud have been offered fresh advice on how to protect themselves against the fraudsters.

Aussies calling on debit cards during crunch

Mon, 25 May 2009 14:00:00 GMT

Australians are growing keen on debit cards as a way to keep tabs on their spending, the latest RBA figures show.

Commonwealth Bank gives card usage tips

Tue, 19 May 2009 14:00:00 GMT

A financial expert from the Commonwealth Bank has been on hand to give Aussies a range of tips on how to use their credit and debit cards safely.

Credit card fraud on the rise

Thu, 14 May 2009 14:00:00 GMT

Credit card and debit card rose significantly over the course of last year, the Australian Payments Clearing Association (APCA) has claimed.

Australians fear online credit card crime

Tue, 05 May 2009 14:00:00 GMT

Nearly nine million Australians fear having their credit card and debit card details stolen while surfing the web, a new poll from Unisys has found.

Identity theft tops security concerns

Wed, 15 Apr 2009 14:00:00 GMT

The need for consumers to compare credit cards and debit cards on their security criteria could be overtaking other issues such as balance transfer deals and the desire for low-rate credit cards.

Lay-bys on the rise as Aussies dodge credit cards

Tue, 07 Apr 2009 14:00:00 GMT

With credit card interest rates remaining stubbornly high, many Aussies are turning to lay-by finance to pay for big purchases.

Women put down their credit cards

Wed, 01 Apr 2009 13:00:00 GMT

New figures have revealed that women have shown themselves to be particularly keen on cutting out debt during the downturn and have been resisting the urge to go on a shopping spree.

RBA clamps down on credit card fraudsters

Tue, 24 Mar 2009 13:00:00 GMT

Australian banks and credit card providers need to do more to make sure that customers are protected when shopping on the web, the Reserve Bank of Australia's (RBA's) Philip Lowe has claimed.

Customers in the dark after credit card leak

Sun, 22 Mar 2009 13:00:00 GMT

Some credit card customers in Australia are yet to hear from their banks about the accidental publication of account details on the internet.

Consumers swap credit cards for cash

Thu, 19 Mar 2009 13:00:00 GMT

The latest stats from the Reserve Bank of Australia (RBA) show that Aussies are falling out of love with the cheap credit card and are making payments with cash.

Credit card machine 'to punish drunks'

Wed, 11 Mar 2009 13:00:00 GMT

Australians have been warned about a new ATM that is hitting pubs around the country which cranks up the withdrawal price late at night.

Banks to cash in on withdrawals

Sun, 15 Feb 2009 13:00:00 GMT

Banks are set to make a tidy profit from new rules that allow them to charge customers from rival institutions that wish to take out money from their bank account from an ATM.

MasterCard looks for new credit card tech

Thu, 12 Feb 2009 13:00:00 GMT

MasterCard is looking to extend its considerable reach in the credit card market by buying up emerging technology companies, the group's financial chief has said.

Rural credit card users 'will be hit hardest'

Sun, 08 Feb 2009 13:00:00 GMT

Credit card users living in rural areas will be hit hardest by new laws which allow ATM owners to charge a fixed fee for transactions as long as the cost is displayed.

Debit cards a popular choice in NZ

Tue, 03 Feb 2009 13:00:00 GMT

While there have been widespread reports that Australians are cutting back on credit card spending sprees, Westpac has found that people are now splurging on debit cards instead.

NAB issues ATM advice

Wed, 28 Jan 2009 13:00:00 GMT

NAB has advised its bank account customers that from March 2009, any ATM charges imposed by other banks will be displayed at the time of transaction, giving them the option to accept the levy or find another machine.

Google sizes up credit card giants

Wed, 28 Jan 2009 13:00:00 GMT

Not content with being the behemoth of the search world, Google Australia is considering stepping into the realm of credit card giants such as Visa and Mastercard to usurp them as the online payment method of choice.

Stay safe online to avoid credit card fraud misery

Tue, 27 Jan 2009 13:00:00 GMT

Dealing with credit card fraud can be a messy and drawn out process and recent figures have shown that Australians are more likely to fall victim to the crime than ever before.

BankWest sets out cash withdrawal rules

Sun, 14 Dec 2008 13:00:00 GMT

BankWest has suggested getting cash back when buying items to avoid being hit by "foreign" ATM fees.

Credit and debit card scams on the up

Thu, 20 Nov 2008 13:00:00 GMT

More people are being caught out by credit and debit card scams, it has been warned.

Getting ahead with debit

Mon, 06 Oct 2008 13:00:00 GMT

With many consumers looking to trim the fat from their spending habits, debit cards can help to keep tabs on outgoings by putting a cap on spending, it has been claimed.

Easy tips for safe shopping

Mon, 15 Sep 2008 14:00:00 GMT

With growing numbers feeling the sting of credit card fraud, people can help protect their details by taking simple security steps.

Aussies avoid debt with debit

Tue, 02 Sep 2008 14:00:00 GMT

Despite the dominance of credit cards in the world of plastic spending, debit cards are becoming more popular for prudent Aussies, stats have shown.

Shoppers 'should head to the shredder'

Mon, 01 Sep 2008 14:00:00 GMT

Consumers with credit cards should shred their bank statements after reading them in order to keep their cash safe from thieves.