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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Banking Fees in Australia
10 Jun 2012
Bulletin
– June 2012
Fee income from credit cards rose by 4.0 per cent. This was driven by an increase in credit card account servicing fee income based on a small increase in the ... d) Over-limit fees are charged when a credit card limit is exceeded.
https://www.rba.gov.au/publications/bulletin/2012/jun/5.html
March | 2020
19 Mar 2020
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2020/mar/
Statement on Monetary Policy
10 May 2003
Bulletin
– May 2003
Households and businesses are clearly not constrained by the cost and availability of credit, and indeed credit to the household sector is continuing to grow rapidly. ... During the second half of the 1990s some of the credit risk on bank balance sheets
https://www.rba.gov.au/publications/bulletin/2003/may/1.html
Trends in Mobile Payments in Developing and Advanced Economies
22 Mar 2013
Bulletin
– March 2013
As mobile phones have become commonplace throughout the world there has been an increasing focus on their potential use for making payments. Adoption of mobile payments in developing economies has occurred well ahead of that in advanced economies,
https://www.rba.gov.au/publications/bulletin/2013/mar/8.html
September | 2022
15 Sep 2022
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2022/sep/
Cash Demand during COVID-19
18 Mar 2021
Bulletin
– March 2021
Since the onset of the COVID-19 pandemic, the value of banknotes in circulation has risen sharply.
https://www.rba.gov.au/publications/bulletin/2021/mar/cash-demand-during-covid-19.html
The Introduction of Same-day Settlement of Direct Entry Obligations in Australia
19 Jun 2014
Bulletin
– June 2014
In November 2013, the Reserve Bank introduced changes to its Reserve Bank Information and Transfer System (RITS) to allow the same-day settlement of non-government direct entry obligations. This outcome met one of the objectives set by the Payments
https://www.rba.gov.au/publications/bulletin/2014/jun/7.html
Banking Fees in Australia
10 Jun 2010
Bulletin
– June 2010
552. 14. 11. – Credit cards. 1,199. 1,332. 1,434. 8. 17. ... Credit card transaction fees (such as cash advance fees) also grew by 4 per cent.
https://www.rba.gov.au/publications/bulletin/2010/jun/5.html
Recent Developments in Interest Rates on Bank Lending
10 Apr 1999
Bulletin
– April 1999
2.00. 11.50. Credit cards. – With interest-free period. 1.40. 15.30. – Without interest-free period. ... Such borrowers would incur no interest costs. For borrowers who use credit cards as part of a ‘home equity’ loan, credit card balances are
https://www.rba.gov.au/publications/bulletin/1999/apr/1.html
Semi-Annual Statement on Monetary Policy
10 May 1998
Bulletin
– May 1998
Credit is readily available on attractive terms, and financial intermediation is proceeding at a strong pace. ... Graph 8. Spreads between bonds issued by different countries reflect both credit risk (i.e.
https://www.rba.gov.au/publications/bulletin/1998/may/2.html