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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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
Measuring Credit Losses
31 Dec 2015
RDP
2015-06
RDP 2015-06: Credit Losses at Australian Banks: 1980–2013 2. Measuring Credit Losses. ... It is often also used for lending where a high loss rate is expected and built into the interest margin (credit card lending is one example).
https://www.rba.gov.au/publications/rdp/2015/2015-06/mea-cre-losses.html
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Credit Loss Modelling
20 Sep 2022
RDP
2022-03
3.3 Other portfolios. For personal loans (including credit cards), unemployment is the main determinant of the ability of households to service debt obligations and, thus, probability of default (Banerjee and ... Indicative of this, there has
https://www.rba.gov.au/publications/rdp/2022/2022-03/credit-loss-modelling.html
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How Australians Pay: Evidence from the 2016 Consumer Payments Survey
24 Jul 2017
RDP
PDF
1438KB
with growth in debit card payments outpacing that in credit cards since the mid 2000s.11 There are. ... debit card payments (2.5 per cent). This difference is consistent with credit cards tending to be.
https://www.rba.gov.au/publications/rdp/2017/pdf/rdp2017-04.pdf
Macrofinancial Stress Testing on Australian Banks
13 Sep 2023
RDP
PDF
1940KB
3.3 Other portfolios. For personal loans (including credit cards), unemployment is the main determinant of the ability of. ... a tight relationship between the unemployment rate and credit card loss rates during stress events.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-03.pdf
Valuing Safety and Privacy in Retail Central Bank Digital Currency
4 Apr 2024
RDP
PDF
1594KB
surcharges to use debit cards and credit cards, rather than cash. ... household internet access, and credit card usage. The survey asked 9,100 Australians to join via.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-02.pdf
Consumer Payment Behaviour in Australia: Evidence from the 2019 Consumer Payments Survey
9 Sep 2020
RDP
PDF
1619KB
not included in the figures cited for debit and credit card payments; these cards were used for less than 1 per cent of. ... debit card, compared to 21 per cent in 2016. In contrast, respondents used credit cards slightly less frequently than they did
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-06.pdf
Tokenisation of Card Payments | The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper
28 Sep 2023
Consultations
The Australian Debit Card Market: Default Settings and Tokenisation – Conclusions Paper
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/conclusions-paper/tokenisation-of-card-payments.html
Do Australian Households Borrow to Keep up with the Joneses?
10 Nov 2022
RDP
2022-06
7,631. 7,631. 7,631. 7,631. Non-mortgage. Credit card. Hire purchase. Car. Business. ... 7,646. 7,646. 7,646. 7,646. 7,646. Non-mortgage. Credit card. Hire purchase. Car.
https://www.rba.gov.au/publications/rdp/2022/2022-06/full.html
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