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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Merchant Service Fees for Credit Cards
14 Jul 2004
Bulletin
PDF
53KB
Effective endOctober 2003, the Bankcard, MasterCard andVisa credit card schemes have been requiredto set this fee in conformity with a benchmarkbased on the costs incurred by banks issuingcredit cards. ... Sources: RBA and schemes’ websites. Merchant
https://www.rba.gov.au/publications/bulletin/2004/jul/pdf/bu-0704-2.pdf
Read me file for Consumer Credit Card Choice: Costs, Benefits and Behavioural Biases
3 Oct 2018
RDP
PDF
460KB
RDP 2018-11 supplementary information
https://www.rba.gov.au/publications/rdp/2018/2018-11/rdp-2018-11-read-me.pdf
Consumer Credit Card Choice: Costs, Benefits and Behavioural Biases
2 Oct 2018
RDP
PDF
1746KB
credit card (if they held multiple cards, this was the one they used most often). ... 13 For instance, respondents were asked to select their credit cards from a list and, if they could not find their card on.
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-11.pdf
The Personal Credit Card Market in Australia: Pricing over the Past Decade
14 Mar 2012
Bulletin
PDF
162KB
Reserve Bank of Australia Bulletin March Quarter 2012
https://www.rba.gov.au/publications/bulletin/2012/mar/pdf/bu-0312-7.pdf
Merchant Service Fees and Market Shares for Credit and Charge Cards
17 Aug 2005
Bulletin
PDF
104KB
Reserve Bank of Australia Bulletin August 2005
https://www.rba.gov.au/publications/bulletin/2005/aug/pdf/bu-0805-2.pdf
A Guide to the Card Payments System Reforms
15 Mar 2011
Bulletin
PDF
274KB
Reserve Bank of Australia Bulletin September 2010
https://www.rba.gov.au/publications/bulletin/2010/sep/pdf/bu-0910-7.pdf
The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey
21 Nov 2023
RDP
PDF
2354KB
in the figures cited for debit and credit card payments; these cards were used for less than per cent of the number. ... being more likely to meet the lending standards for a credit card, as well as debit cards and cash.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf
The Evolution of Payment Costs in Australia
11 Apr 2019
RDP
PDF
1298KB
13. than cards (MasterCard 2014); or the costs to individuals experiencing credit stress from credit cards. ... These rankings of cash, debit cards, credit cards and cheques are broadly consistent with overseas studies and the 2007 study.
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-14.pdf
Price Incentives and Consumer Payment Behaviour
17 Aug 2009
RDP
PDF
262KB
5.5 Credit Card Price Incentives and the Use of Debit Cards and Cash 34. ... Credit cards are used relatively more at higher income levels, while debit card use.
https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-04.pdf
Reform of Australia's Payments System: The 2007/08 Review
13 Jul 2007
Bulletin
PDF
108KB
Address by Philip Lowe, Assistant Governor (Financial System), to the 4th International Consumer Credit Card Summit, Sydney, 27 June 2007.
https://www.rba.gov.au/publications/bulletin/2007/jul/pdf/bu-0707-3.pdf