Search: dual-network card
RBA Glossary definition for dual-network card
dual-network card – A payment card that can be used to initiate transactions, typically from the same deposit account, for two different payment processing networks. For example, a debit card (sometimes also known as an ATM card) that can be used to make a payment via either the eftpos network or one of the international scheme networks. These cards usually have an international scheme logo (Mastercard or Visa) on one side and the eftpos logo on the other.
Search Results
Domestic Financial Markets
10 Feb 2009
SMP
– February 2009
Over the easing cycle, financial institutions' variable rates on low-rate credit cards and unsecured personal loans have fallen by 30–80 basis points. ... Rates on standard credit cards and margin loans have declined by 125–165 basis points.
https://www.rba.gov.au/publications/smp/2009/feb/dom-fin-mkts.html
Domestic Financial Markets
10 Aug 2009
SMP
– August 2009
Credit card lending has continued to slow as households focus upon repaying debt (Graph 70). ... Over the 12 months to June, there has been little growth in outstanding credit card balances.
https://www.rba.gov.au/publications/smp/2009/aug/dom-fin-mkts.html
Domestic Financial Markets
10 Aug 2011
SMP
– August 2011
Financial institutions' interest rates on most variable personal loans – including credit cards, home equity loans and margin loans – have remained little changed since the beginning of the year. ... Personal credit fell modestly over the June quarter
https://www.rba.gov.au/publications/smp/2011/aug/dom-fin-mkts.html
Domestic Financial Markets
10 May 2013
SMP
– May 2013
Personal credit grew modestly over the March quarter, driven by an increase in the value of fixed-term loans and total credit card balances.
https://www.rba.gov.au/publications/smp/2013/may/dom-fin-mkts.html
Domestic Financial Markets
10 May 2009
SMP
– May 2009
Financial institutions' average variable rates on unsecured personal loans, margin loans and standard credit cards have fallen by 60 to 90 basis points since end January, but average rates on ... Personal credit, which is a much smaller component of
https://www.rba.gov.au/publications/smp/2009/may/dom-fin-mkts.html
Introduction
10 Nov 2010
SMP
– November 2010
The appetite for new debt also remains more subdued than in the past, with both housing and credit card debt currently growing at historically low rates.
https://www.rba.gov.au/publications/smp/2010/nov/intro.html
Domestic Economic Conditions
10 Aug 2009
SMP
– August 2009
Credit card repayments have also risen over the past six months, with particularly large payments in December and April, suggesting some households used the government transfers to pay down credit card
https://www.rba.gov.au/publications/smp/2009/aug/dom-eco-cond.html
Overview
10 Aug 2011
SMP
– August 2011
The change in household behaviour is also evident in borrowing decisions, with recent growth in housing and credit card debt the slowest for many years.
https://www.rba.gov.au/publications/smp/2011/aug/overview.html
Domestic Economic Conditions
10 Aug 2011
SMP
– August 2011
Consistent with this increase, credit card repayments have risen sharply over recent months, and are now around the levels of late 2008 and early 2009 when government stimulus payments facilitated some ... paying down of credit card debt (Graph 3.5).
https://www.rba.gov.au/publications/smp/2011/aug/dom-eco-cond.html
Domestic Financial Markets
10 Feb 2013
SMP
– February 2013
This has been primarily driven by rates on personal credit cards, which are generally less sensitive to changes in the cash rate.
https://www.rba.gov.au/publications/smp/2013/feb/dom-fin-mkts.html