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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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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
Descriptive Analysis
31 Dec 2015
RDP
2015-06
Losses on personal lending, such as credit cards and non-housing term loans, were non-negligible, but appear to be less cyclical than losses on business lending. ... Most of the losses on lending to households during this period arose from personal
https://www.rba.gov.au/publications/rdp/2015/2015-06/des-analysis.html