Search: credit card

Sort by: Relevance Date
1–10 of 10 collapsed search results for credit card
Did you mean credit cards?

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

Modelling Consumer Payment Behaviour for Australia

1 Jul 2009 RDP 2009-04
John Simon, Kylie Smith and Tim West
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

Price Incentives and Consumer Payment Behaviour

1 Jul 2009 RDP 2009-04
John Simon, Kylie Smith and Tim West
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2009/2009-04.html

Conclusion

1 Jul 2009 RDP 2009-04
John Simon, Kylie Smith and Tim West
The substitution patterns between credit cards, debit cards and cash found in this paper are intriguing. ... While interest-free periods induce substitution to credit cards from debit cards, loyalty programs induce substitution from cash.
https://www.rba.gov.au/publications/rdp/2009/2009-04/conclusions.html

References

1 Jul 2009 RDP 2009-04
John Simon, Kylie Smith and Tim West
RBA and Australian Competition and Consumer Commission (2000), Debit and Credit Card Schemes in Australia: A Study of Interchange Fees and Access, Sydney. ... Sprenger C and J Stavins (2008), ‘Credit Card Debt and Payment Use’, Federal Reserve Bank
https://www.rba.gov.au/publications/rdp/2009/2009-04/references.html

Appendix A: Diary Study Fields

1 Jul 2009 RDP 2009-04
John Simon, Kylie Smith and Tim West
4. MasterCard/Visa credit card. 5. American Express/Diners Club card. 6. Petrol/store card. ... Not applicable. Yes/No. (a) Participants were asked to report payments of bills as payments but were asked not to include any repayments of loans such as
https://www.rba.gov.au/publications/rdp/2009/2009-04/appendix-a.html

Introduction

1 Jul 2009 RDP 2009-04
John Simon, Kylie Smith and Tim West
In line with most other countries, electronic means of payment, such as credit cards and debit cards, have grown strongly, while the number of personal cheques written per person has declined ... For example, credit cards enjoyed remarkable rates of
https://www.rba.gov.au/publications/rdp/2009/2009-04/introduction.html

Data and Summary Statistics

1 Jul 2009 RDP 2009-04
John Simon, Kylie Smith and Tim West
Credit cards are used relatively more at higher income levels, while debit card use is highest for middle income bands. ... However, it is difficult to separate the influence of higher credit card holding among high-income individuals from higher use of
https://www.rba.gov.au/publications/rdp/2009/2009-04/data-summary-statistics.html

Appendix B: Results Tables – Use of Payment Methods

1 Jul 2009 RDP 2009-04
John Simon, Kylie Smith and Tim West
Table B1: Credit Card Use. By credit card holders. Variable. Coefficient. ... By credit card holders. Variable. Coefficient. Base case. Marginal effect (ppts).
https://www.rba.gov.au/publications/rdp/2009/2009-04/appendix-b.html

Consumer Payments Literature

1 Jul 2009 RDP 2009-04
John Simon, Kylie Smith and Tim West
consumers would increase their use of debit cards and decrease the use of credit cards. ... Zinman's results suggest that debit cards are a close substitute for credit cards, cash and cheques.
https://www.rba.gov.au/publications/rdp/2009/2009-04/consumer-payments-literature.html

The Australian Payments Landscape

1 Jul 2009 RDP 2009-04
John Simon, Kylie Smith and Tim West
Revolvers likely faced a positive price for using their credit card because of interest charges. ... Averages for credit cards with an interest-free period issued by major banks.
https://www.rba.gov.au/publications/rdp/2009/2009-04/australian-payments-landscape.html