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.
Search Results
Box B: Recent Trends in Personal Credit
10 Apr 2018
FSR
– April 2018
This trend is evident in data for both credit card debt and other personal debt. ... Most cardholders are increasingly using credit cards for transactional purposes rather than for borrowing.
https://www.rba.gov.au/publications/fsr/2018/apr/box-b.html
Financial Stability Review - September 2004
6 Jan 2005
FSR
PDF
1099KB
Box A: Credit Card Indicators. Outstanding debt on credit cards accounts for about 3 per cent of the total debt owed by the household sector. ... Consistent aggregate data on credit card loans past due are only available from 2002.
https://www.rba.gov.au/publications/fsr/2004/sep/pdf/0904.pdf
Competition in the Payments System | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector | Submissions
6 Sep 2017
Submissions
However, few UnionPay-branded credit cards have been issued locally, which is indicative of the challenges of establishing a new card scheme in the presence of these strong network effects. ... Different card transactions have different costs for
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/competition-in-the-payments-system.html
Submissions
8 May 2024
Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/
Boxes
22 Mar 2024
FSR
A number of Boxes on topics of special interest are published in the Financial Stabiilty Review. These boxes can be read as stand-alone documents or within the relevant Financial Stability Review.
https://www.rba.gov.au/publications/fsr/boxes.html
Household and Business Finances
8 Apr 2022
FSR
– April 2022
However, the value of BNPL transactions remains relatively small compared to other forms of personal finance, with the value of domestic personal credit and charge card purchases on Australian-issued cards ... other adjustments to their finances such as
https://www.rba.gov.au/publications/fsr/2022/apr/household-business-finances.html
Applications for Authorisation in Relation to PIN@POS – July 2016 | Payments System | Submissions
8 May 2024
Submissions
As a general point, eliminating signature authorisation has the potential to reduce the incidence of point-of-sale debit and credit card fraud and associated losses and resource costs. ... payments. Debit and credit cards play an important and growing
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-07/index.html
Applications for Authorisation in Relation to 3D Secure – February 2016 | Payments System | Submissions
8 May 2024
Submissions
According to data published by APCA, total losses from fraudulent debit, credit and charge card transactions on cards issued and/or acquired in Australia amounted to $465 million in 2014/15, ... Graph 1. In contrast to CNP fraud, according to APCA data,
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-3d-secure/index.html
Box B: Recent Trends in Personal Credit
10 Feb 2020
FSR
April 2018
PDF
640KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/box-b.pdf
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates - ATM Fees | Submission to the Inquiry into the…
27 Aug 2015
Submissions
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates. ... The card issuer also faces a cost on average of 8 cents per transaction.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/atm-fees.html