Search: charge card
Did you mean
chargecard?
RBA Glossary definition for charge card
charge card – A charge card is a card whose holder has been granted a non-revolving credit line enabling the holder to make purchases and possibly make cash advances. A charge card does not offer extended credit; the full amount of any debt incurred must be settled at the end of a specified period.
Search Results
Domestic Financial Conditions
10 Nov 2023
SMP
– November 2023
Domestic Financial Conditions | Statement on Monetary Policy – November 2023
https://www.rba.gov.au/publications/smp/2023/nov/domestic-financial-conditions.html
Domestic Financial Conditions
5 Nov 2021
SMP
– November 2021
While there had been no demand to borrow the April 2024 bond from the Reserve Bank at that point, in mid October the Reserve Bank increased the fee it charges counterparties ... Much of the recent decline was driven by lower credit card debt, consistent
https://www.rba.gov.au/publications/smp/2021/nov/domestic-financial-conditions.html
Domestic Financial Conditions
6 May 2021
SMP
– May 2021
In early March the Bank also increased the fee that it charges counterparties to borrow the 3-year target bond – from 25 to 50 and then to 100 basis points – which ... Much of this reflects an increase in spending on credit cards alongside the
https://www.rba.gov.au/publications/smp/2021/may/domestic-financial-conditions.html
Box D: The Distribution of Variable Housing Interest Rates
8 Nov 2019
SMP
– November 2019
credit card). ... There is a wider range of interest rates offered by non-banks, as these lenders are more likely to lend to borrowers with higher-risk characteristics and as a result charge
https://www.rba.gov.au/publications/smp/2019/nov/box-d-the-distribution-of-variable-housing-interest-rates.html
Domestic Financial Markets
10 May 2015
SMP
– May 2015
This reflects modest increases in fixed-term loans and credit card balances outstanding. ... Declines in bad and doubtful debt charges owing to improved asset quality also contributed to profit growth.
https://www.rba.gov.au/publications/smp/2015/may/dom-fin-mkts.html
Domestic Financial Markets
10 Nov 2014
SMP
– November 2014
The modest pick-up was driven largely by increases in fixed term loans and credit card balances outstanding. ... Declines in bad and doubtful debt charges owing to improved asset quality also contributed to profit growth.
https://www.rba.gov.au/publications/smp/2014/nov/dom-fin-mkts.html
Domestic Financial Markets
10 Nov 2013
SMP
– November 2013
Overall, these results were characterised by a reduction in bad debt charges as asset quality has improved, and a modest increase in net interest income. ... Advertised rates on most credit cards and unsecured personal loans, which are generally less
https://www.rba.gov.au/publications/smp/2013/nov/dom-fin-mkts.html
Domestic Financial Markets
10 May 2013
SMP
– May 2013
Personal credit grew modestly over the March quarter, driven by an increase in the value of fixed-term loans and total credit card balances. ... Headline earnings fell by 34 per cent from the previous comparable period, mainly because of large impairment
https://www.rba.gov.au/publications/smp/2013/may/dom-fin-mkts.html
Domestic Financial Markets
10 Feb 2013
SMP
– February 2013
This has been primarily driven by rates on personal credit cards, which are generally less sensitive to changes in the cash rate. ... In January, Rio Tinto announced that it expects to report an impairment charge of US$14 billion for the 2012 financial
https://www.rba.gov.au/publications/smp/2013/feb/dom-fin-mkts.html
Domestic Financial Markets
10 Nov 2012
SMP
– November 2012
The value of outstanding personal credit fell slightly in the September quarter owing to a decline in revolving credit facilities, including credit card lending and lending secured by residential mortgages. ... Headline profits fell by 28 per cent over
https://www.rba.gov.au/publications/smp/2012/nov/dom-fin-mkts.html