Search: credit card

Sort by: Relevance Date
1111 of 11 collapsed search results for credit card
Did you mean credit cards?

RBA Glossary definition for credit card

credit card – A credit card is a card whose holder has been granted a revolving credit line. The card enables the holder to make purchases and/or cash advances up to a pre-arranged limit. The credit granted can be settled in full by the end of a specified period or in part, with the balance taken as extended credit. Interest may be charged on the transaction amounts from the date of each transaction or only on the extended credit where the credit granted has not been settled in full.

Search Results

Non-technical summary for ‘Consumer Payment Behaviour in Australia: Evidence from the 2019 Consumer Payments Survey’

14 Sep 2020 RDP 2020-06
James Caddy, Luc Delaney and Chay Fisher
43. 52. 63. Debit cards. 15. 22. 24. 30. 44. Credit and charge cards. ... b) ‘Other’ methods include prepaid, gift and welfare cards, bank cheques, money orders, ‘buy now, pay later’ and Cabcharge.
https://www.rba.gov.au/publications/rdp/2020/2020-06/non-technical-summary.html