Credit Cards News

Buy now pay later usage drops off during COVID-19

Fewer Australians are using buy now pay later services during the pandemic, while credit cards are still preferred by most.

Alison CheungAug 7, 2020( 4 min read )

Australians wipe $4.2 billion off credit card debt since COVID

Australians have wiped a staggering $4.2 billion dollars off the national credit card debt accruing interest since the COVID pandemic hit.

Liz SeatterAug 7, 2020( 3 min read )

Millennials shop around for credit cards as spending patterns change

As spending habits shift due to COVID-19, millennials are shopping around for another credit card, with reward programs topping their wishlists.

Alison CheungJul 17, 2020( 3 min read )

Australians wipe a record $1.64 billion off credit card debts in May

New figures released today from the RBA show Australians wiped $1.64 billion off credit card debt accruing interest in May, the biggest monthly drop on record.

Laine GordonJul 7, 2020( 3 min read )

ME Bank, Heritage Bank switch on Apple Pay

Good news for ME Bank and Heritage Bank customers today, as the Australian lenders announce Apple Pay is now an available payment method

Alex RitchieJul 7, 2020( 2 min read )

Credit cards still on the nose, however people with cards start reaching for them more

New figures out today from the RBA show the number of personal credit card accounts has dropped to the lowest point in almost a decade.

Laine GordonMay 7, 2020( 3 min read )

Are you putting more everyday spending on your credit card?

Lockdowns and social distancing have changed the way Australians are spending money, with many of us turning to credit cards to help manage our household budgets. But with our financial situations changing, is your credit card still providing the kind of value for money that it used to?

Mark BristowMay 5, 2020( 4 min read )

Why Virgin Velocity points owners may want to sit tight

It’s been a very difficult month for Virgin Australia, as the Australian airline stood down 8,000 workers and announced it would go into voluntary administration on the back of the COVID-19 crisis.

Alex RitchieApr 30, 2020( 7 min read )

Westpac customers finally have access to Apple Pay

After four years of waiting, Westpac customers finally have access to Apple Pay.

Alex RitchieApr 28, 2020( 2 min read )

Westpac pauses credit card interest charges for COVID-19

One of Australia’s big four banks, Westpac, has announced it will support Australians who are doing it tough due to COVID-19 by allowing eligible customers to pause their credit card interest charges and repayments for a three-month support period.

Alex RitchieApr 24, 2020( 4 min read )

Which banks are offering relief on credit card repayments for COVID-19?

With thousands of Australians losing their jobs due to the catastrophic COVID-19 outbreak, you may be worrying about how you’ll be able to meet your credit card repayments.

Alex RitchieMar 30, 2020( 5 min read )

Did you get the right credit card with your home loan?

If you haven’t thought much about the credit card that came with your home loan since you first got it, there’s a chance you may be using the wrong type of card for your spending habits.

Alex RitchieMar 17, 2020( 6 min read )

March credit card bonus points roundup

Attention points chasers! If you’re thinking about taking out a new credit card, there are a range of credit card sign-up bonuses on the table if you know where to look.

Alex RitchieMar 7, 2020( 7 min read )

Should you get a credit card during uni?

As another year of university starts again, many young Aussies may be asking themselves how they’ll be able to afford the costs that come with schooling. One option students may turn to is taking out a credit card. But is this really the best option for your schooling years?

Alex RitchieFeb 19, 2020( 7 min read )