Australia 'needs credit cards that cannot be used outside the country'

By Mozo ·

Australians should be able to own credit cards that cannot be used outside of the country's borders, according to a Queensland police chief.

Detective Superintendent Brian Hay, from the region's Fraud and Corporate Crime Group, told reporters that having different cards for a variety of uses could reduce the number of victims of cyber attacks, reports the Australian Associated Press.

He suggested that people compare credit cards and get separate pieces of plastic for day-to-day shopping, buying goods online and travelling.

"If we had an Australia-only credit card they can't use it, or they would have to try to sell it to another crook in Australia, which means we could come after them in a far more effective manner, which means no-one's going to want it," he stated.

He remarked that those who have credit cards have a high chance of being targeted by cyber thieves.

This comes after spokesperson for American Express Jane Drew told the Sydney Morning Herald that travellers considering getting insurance from their credit card provider should check their policies carefully before making a decision.

Have a question about credit cards? Ask the money gurus at Mozo Answers. ADNFCR-1761-ID-800748788-ADNFCR