Search: credit card
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.
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Other Retail Payments Developments
2 Oct 2013
PSB Annual Report
– 2013
Typically, these cards have very high annual fees (averaging around $460) but more generous rewards than the platinum credit cards in the same card range. ... American Express companion cards are now a relatively standard feature on rewards credit card
https://www.rba.gov.au/publications/annual-reports/psb/2013/other-ret-pay-dev.html
The Board's First Year
1 Oct 1999
PSB Annual Report
– 1999
They determine the revenue flows associated with card transactions, the costs ultimately borne by merchants and card-holders, the incentives to use and accept credit and debit cards, and the terms ... 19. Credit cards over the phone. 15. Direct debits. 4.
https://www.rba.gov.au/publications/annual-reports/psb/1999/first-year.html
Cards
31 Dec 2014
RDP
2014-05
The results of the survey also give some interesting insights into debit and credit card use for different demographic groups. ... Similarly, households in the first and second age-adjusted household income quartiles made considerably more payments using
https://www.rba.gov.au/publications/rdp/2014/2014-05/cards.html
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Trends in Payments, Clearing and Settlement Systems
14 Sep 2017
PSB Annual Report
– 2017
Debit and credit cards combined are the most frequently used payment method. ... Growth in the number and value of debit card transactions continues to outpace growth in credit card transactions (Table 2).
https://www.rba.gov.au/publications/annual-reports/psb/2017/trends-in-payments-clearing-and-settlement-systems.html
Payments System Regulation and Policy Issues
27 Sep 2023
PSB Annual Report
– September 2023
Payments System Regulation and Policy Issues | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/payments-system-regulation-and-policy-issues.html
Measuring Credit Losses
31 Dec 2015
RDP
2015-06
RDP 2015-06: Credit Losses at Australian Banks: 1980–2013 2. Measuring Credit Losses. ... It is often also used for lending where a high loss rate is expected and built into the interest margin (credit card lending is one example).
https://www.rba.gov.au/publications/rdp/2015/2015-06/mea-cre-losses.html
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Credit Loss Modelling
20 Sep 2022
RDP
2022-03
3.3 Other portfolios. For personal loans (including credit cards), unemployment is the main determinant of the ability of households to service debt obligations and, thus, probability of default (Banerjee and ... Indicative of this, there has
https://www.rba.gov.au/publications/rdp/2022/2022-03/credit-loss-modelling.html
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The Evolving Retail Payments Landscape
27 Sep 2023
PSB Annual Report
– September 2023
The Evolving Retail Payments Landscape | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/the-evolving-retail-payments-landscape.html
2.3 Banking and Payment Services
19 Oct 2023
RBA Annual Report
– October 2023
Banking and Payment Services | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/banking-and-payment-services.html
List of tables
12 Sep 2014
PSB Annual Report
– 2014
7.5. 11.9. Credit cards, debit cards, and specialised payments providers. 31.4. ... e) Split between debit and credit cards not available. Sources: ABS; BIS; RBA.
https://www.rba.gov.au/publications/annual-reports/psb/2014/tables.html