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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 Markets
10 Nov 2008
SMP
– November 2008
and low-rate credit cards have risen by 8 basis points and 34 basis points respectively. ... Personal credit fell significantly in the September quarter, as continued stock market volatility weighed on investors' appetite for margin debt and credit card
https://www.rba.gov.au/publications/smp/2008/nov/dom-fin-mkts.html
International and Foreign Exchange Markets
10 Feb 2009
SMP
– February 2009
The program is intended to increase the availability and reduce the cost of housing credit. ... small businesses by purchasing up to US$200 billion of newly originated asset-backed securities (ABS) collateralised by auto and student loans, credit card
https://www.rba.gov.au/publications/smp/2009/feb/intl-fx-mkts.html
Domestic Financial Conditions
8 May 2020
SMP
– May 2020
Individual banks have also announced additional measures to support small business customers, such as deferrals on credit card payments and temporary increases in overdraft facilities. ... This will also reduce total loan repayments and contribute to
https://www.rba.gov.au/publications/smp/2020/may/domestic-financial-conditions.html
Domestic Financial Markets and Conditions
7 Feb 2006
SMP
– February 2006
Graph 52. Competition has also been evident in other parts of the household lending market, particularly credit cards. ... In the past few years there has been a proliferation of so-called ‘no-frills’ credit cards which have relatively low interest
https://www.rba.gov.au/publications/smp/2006/feb/dom-fin-mkts.html
List of graphs
10 Aug 2009
SMP
– August 2009
Graph 38: Housing Loan Approvals and Credit. ... Graph 39: Credit and Charge Card Activity.
https://www.rba.gov.au/publications/smp/2009/aug/graphs.html
List of graphs
10 Aug 2011
SMP
– August 2011
Graph 3.5: Credit and Charge Card Activity. ... Graph 4.13: Business Credit by Type of Borrower.
https://www.rba.gov.au/publications/smp/2011/aug/graphs.html
Domestic Financial Markets and Conditions
10 Aug 2006
SMP
– August 2006
Most institutions also increased the rates on their personal loans and standard credit cards by 25 basis points following the May monetary policy tightening. ... However, competition remains intense in the low-rate (no-frills) segment of the credit card
https://www.rba.gov.au/publications/smp/2006/aug/dom-fin-mkts.html
Domestic Financial Markets and Conditions
10 Feb 2007
SMP
– February 2007
On personal loans and standard credit cards, most lenders increased interest rates shortly after each of the monetary policy tightenings in 2006. ... Since the end of 2005, the average interest rate on low-rate credit cards has risen by only 25 basis
https://www.rba.gov.au/publications/smp/2007/feb/dom-fin-mkts.html
Introduction
10 Nov 2010
SMP
– November 2010
Credit spreads have also generally narrowed since the August Statement, with corporate borrowing costs in capital markets at historic lows. ... The appetite for new debt also remains more subdued than in the past, with both housing and credit card debt
https://www.rba.gov.au/publications/smp/2010/nov/intro.html
Domestic Financial Markets
10 Aug 2013
SMP
– August 2013
Decreases in the total value of credit card balances outstanding and other revolving credit facilities were largely offset by an increase in the value of personal fixed-term loans. ... While advertised rates on most credit cards and unsecured personal
https://www.rba.gov.au/publications/smp/2013/aug/dom-fin-mkts.html