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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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Domestic Financial Conditions
10 May 2019
SMP
– May 2019
The slowing in credit growth is consistent with less demand for housing finance. ... CCR was introduced for credit cards from late 2018, and additional information on personal credit and mortgages will be made available to lenders over 2019.
https://www.rba.gov.au/publications/smp/2019/may/domestic-financial-conditions.html
7 February 2023 | Minutes of the Monetary Policy Meeting of the Board
21 Feb 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 February 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-02-07.html
Domestic Financial Markets
10 May 2012
SMP
– May 2012
Most interest rates on variable personal loans – including credit card loans, home equity loans and margin loans – rose over the three months to the end of April. ... The amount of personal credit outstanding has also been little changed, with falls
https://www.rba.gov.au/publications/smp/2012/may/dom-fin-mkts.html
Domestic Financial Conditions
5 Nov 2021
SMP
– November 2021
Much of the recent decline was driven by lower credit card debt, consistent with consumers having had reduced opportunities for spending during lockdowns at the same time that government payments were ... Six-month annualised. June 21. Sept 21. Mar 21.
https://www.rba.gov.au/publications/smp/2021/nov/domestic-financial-conditions.html
Domestic Financial Conditions
4 Feb 2021
SMP
– February 2021
Around half of the decline in personal credit between March and September was due to the decline in outstanding credit card debt, reflecting lower credit card spending by households and borrowers ... More recently, spending on credit cards has increased
https://www.rba.gov.au/publications/smp/2021/feb/domestic-financial-conditions.html
Domestic Financial Markets
10 May 2011
SMP
– May 2011
Most interest rates on variable personal loans – including credit cards, home equity loans and margin loans – have remained unchanged since the end of January. ... The modest growth in recent months was largely due to increased credit card lending,
https://www.rba.gov.au/publications/smp/2011/may/dom-fin-mkts.html
Domestic Financial Markets
10 May 2010
SMP
– May 2010
Average variable rates on unsecured personal loans, home equity loans and standard credit cards have increased by 50 basis points, while rates on margin loans and low-rate credit cards have ... Growth in recent quarters was largely due to increased
https://www.rba.gov.au/publications/smp/2010/may/dom-fin-mkts.html
Box C: Updates to the Financial Aggregates
8 Nov 2019
SMP
– November 2019
Total credit includes housing credit, business credit and personal credit (such as credit cards). ... growth rates. of credit or money. While there are noticeable changes to the.
https://www.rba.gov.au/publications/smp/2019/nov/box-c-updates-to-the-financial-aggregates.html
Domestic Financial Markets
10 Nov 2010
SMP
– November 2010
Credit card debt has been broadly unchanged over 2010. The weakness in margin lending, as well as an increase in the value of collateral (mainly equities) backing these margin loans has ... Reflecting this increase in deposits, the growth of broad money
https://www.rba.gov.au/publications/smp/2010/nov/dom-fin-mkts.html
Domestic Financial Conditions
6 Aug 2021
SMP
– August 2021
Much of this reflected an increase in spending on credit cards alongside the recovery in economic conditions as restrictions to contain the virus had eased. ... 6-month annualised. Mar 21. Jun 21. Dec 20. Jun 21. Total credit.
https://www.rba.gov.au/publications/smp/2021/aug/domestic-financial-conditions.html