The whole point of having a rewards credit card may be to rack up extra value through points, bonuses and freebies, but if you’ve chosen your plastic unwisely, it may just be costing you more than it's worth.
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Aussies love our rewards points, but recent Mozo research has revealed that they may not love us back, as the value of a rewards credit card is now lower than ever, ringing in at a net gain of just $27 each year.
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Mozo has completed its Annual Rewards Card Survey for 2017, analysing 122 rewards credit cards to see what kind of value they offer Aussie spenders. And the news is not great for points chasers.
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Police across NSW are urging Aussies to use tap n’ go with their credit cards to prevent fraud through “ghost” terminals.
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Aussies have never been at greater risk of online credit card fraud according to a report by industry body, the Australian Payments Network.
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Is your rewards credit card delivering less value than it used to? You’re not alone.
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Online shopping just got a little more addictive - Aussies with a Citi credit card can now use rewards points to pay or partially pay for eligible purchases on Amazon.com.
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Major bank ANZ has come on board with the Samsung Pay digital wallet platform, making it the first of the big four banks to allow its debit and credit card customers the choice between it, Apple Pay and Android Pay.
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Tap-and-Go credit card fraud alone cost Aussie cardholders $40 million last year, but Victoria Police have admitted it wouldn’t be worth shoppers reporting the fraud, revealed the Herald Sun .
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The Commonwealth Bank has axed its internal process of bundling home loan and credit card applications together, to further support its commitment to responsible lending.
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