As Aussies grow more and more disillusioned with low value rewards points schemes, Qantas has announced that it will launch its own reward-focused platinum credit card by the end of the financial year.
HSBC has introduced Apple Pay for its credit card customers, joining a growing number of banks opting in to the mobile payment technology.
NAB will soon restructure its rewards credit card program, which includes scaling back the earn rates attached to AMEX companion cards, while significantly reducing points caps across the board in a move expected to hit big spenders the most.
The Commonwealth Bank’s suite of rewards credit cards are in for a revamp after the major has today announced that it will introduce a range of lower earn rates for American Express companion cards, while scrapping the foreign exchange fee on two of its AMEX premium companion cards.
Everyone loves to think they’re getting something for nothing, but according to a recent survey conducted by Mozo, Aussie spenders aren’t that happy with the value they’re getting from rewards credit cards - and for good reason.
ANZ has quietly scrapped bonus point offers that previously applied to three of its rewards credit cards, according to Mozo data.
St.George have announced a new balance transfer offer, which will allow Aussie spenders to pay off their credit card debt at rock bottom rates over a lengthy period of 36 months.
Aussie spenders have collectively forked out $3.49 billion more to their credit card
Credit card giant American Express has rethought its rewards scheme for spenders with a Qantas card, and it’s good news for some cardholders - but not all of them.
For the first time, Qantas Frequent Flyers will now be able to earn Bonus Status Credits by signing up for an eligible credit card from either AMEX or ANZ.