Parents using credit cards to pay for school lunches

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

By paying for the meals over the internet, Aussie mums and dads are ensuring that their kids do not need to take money to school – something that may prompt interest in cheap credit cards.

This is according to an article in the Daily Telegraph, which pointed out the emerging trend.

It stated this could potentially reduce the chance of theft and bullying for money in schools and has been encouraged through the development of swipe card schemes across many New South Wales educational institutions.

Commenting on one such initiative called Munch Monitor, Harry Inns, father of three boys who attend Holy Cross Primary School in Sydney, said it made lunches much simpler.

"It’s another step towards the cashless society," he remarked. "The idea of not having to put the exact money into brown paper bags works really well."

In other credit card news, one in ten Australians have reported being the victim of identity theft, according to a study by Galaxy Research for Veda Advantage.

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