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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Consumer Credit Card Choice: Costs, Benefits and Behavioural Biases
9 Oct 2018
RDP
2018-11
Research Discussion Paper – RDP 2018-11 Consumer Credit Card Choice: Costs, Benefits and Behavioural Biases. ... debt, households, interest rates, money, payments. The credit card market offers consumers a wide range of options when choosing a card.
https://www.rba.gov.au/publications/rdp/2018/2018-11.html
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Appendix C: Credit Card Holding and Rewards Program Membership
11 Sep 2015
RDP
2015-03
RDP 2015-03: The Value of Payment Instruments: Estimating Willingness to Pay and Consumer Surplus Appendix C: Credit Card Holding and Rewards Program Membership. ... Holds a credit card. Member of rewards program. Coefficient. Marginal effect.
https://www.rba.gov.au/publications/rdp/2015/2015-03/appendix-c.html
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Box A: Credit Card Indicators
10 Sep 2004
FSR
– September 2004
Financial Stability Review – September 2004 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
https://www.rba.gov.au/publications/fsr/2004/sep/box-a.html
Payment Cards
8 Aug 2017
RDP
2017-04
Since the 2013 survey, the share of debit card payments has increased by slightly more than that of credit cards (6 percentage points compared with 3 percentage points). ... Figure 6: Why Hold a Credit Card? Most important reason, by age, 2016.
https://www.rba.gov.au/publications/rdp/2017/2017-04/payment-cards.html
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Modelling Consumer Payment Behaviour for Australia
1 Jul 2009
RDP
2009-04
However, while cash and debit cards are held by almost all consumers, many do not have a credit card. ... These cards are aimed at revolver consumers, who represent around 34 per cent of credit card holders.
https://www.rba.gov.au/publications/rdp/2009/2009-04/modelling-consumer-payment-behaviour-australia.html
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Private Net Costs
31 Dec 2014
RDP
2014-14
complimentary insurance) that credit cards offer (although this is before taking into account interest payments for customers who carry a balance on their credit card). ... For merchants, the private costs of credit cards are lower for card-present
https://www.rba.gov.au/publications/rdp/2014/2014-14/private-net-costs.html
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Card Payments
27 Nov 2023
RDP
2023-08
The increase in card usage over the last decade has reflected greater use of both debit and credit cards. ... 2019. 2022. All card payments. 4.7. 7.3. Credit cards. 5.5. 7.3.
https://www.rba.gov.au/publications/rdp/2023/2023-08/card-payments.html
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Payment Cards
14 Sep 2020
RDP
2020-06
The decline in the popularity of credit cards compared to debit cards is consistent with changes in consumers' perceptions of the benefits of holding a credit card. ... All card payments. 3.9. Credit cards. 5.0. Debit cards. 3.4. Reward cardholder status.
https://www.rba.gov.au/publications/rdp/2020/2020-06/payment-cards.html
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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
Cards
31 Dec 2014
RDP
2014-05
The results of the survey also give some interesting insights into debit and credit card use for different demographic groups. ... Similarly, households in the first and second age-adjusted household income quartiles made considerably more payments using
https://www.rba.gov.au/publications/rdp/2014/2014-05/cards.html
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