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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Bank Fees in Australia
15 Mar 2023
Bulletin
- March 2023
PDF
860KB
https://www.rba.gov.au/publications/bulletin/2023/mar/pdf/bank-fees-in-australia.pdf
Some Features of the Australian Payments System
10 Dec 1998
Bulletin
– December 1998
5. 1.4. EFTPOS. 20. 11.3. Credit cards. 13. 3.7. Total. 100. ... In Australia, slightly more than half of electronic payments are attributed to payments by debit and credit cards.
https://www.rba.gov.au/publications/bulletin/1998/dec/1.html
Bulletin June Quarter 2021
18 Aug 2021
Bulletin
- June 2021
PDF
10067KB
https://www.rba.gov.au/publications/bulletin/2021/jun/pdf/bulletin-2021-06.pdf
Bulletin September Quarter 2020
9 Jun 2021
Bulletin
- September 2020
PDF
5941KB
https://www.rba.gov.au/publications/bulletin/2020/sep/pdf/bulletin-2020-09.pdf
Payments System Reform: The Australian Experience
17 May 2005
Bulletin
PDF
53KB
Remarks by Dr Philip Lowe, Assistant Governor (Financial System) for the Federal Reserve Bank of Kansas City Conference on 'Interchange Fees in Credit and Debit Card Industries: What Role for Public Authorities? Santa Fe, 4-6 May 2005
https://www.rba.gov.au/publications/bulletin/2005/may/pdf/bu-0505-3.pdf
Consumer Credit and Household Finances
22 Feb 2001
Bulletin
PDF
61KB
Growth in credit card debt hasbeen concentrated in credit cards with aninterest-free period, suggesting that users arenot seeking longer-term finance to makepurchases, but rather are using credit cardsas a ... 8. 0. 2. 4. 6. 8. (Cards with interest-free
https://www.rba.gov.au/publications/bulletin/1999/jun/pdf/bu-0699-2.pdf
The Effect of Least-cost Routing on Merchant Payment Costs
18 Apr 2024
Bulletin
– April 2024
The RBA supports all merchants being able to choose the card network used to process debit transactions – a functionality known as least-cost routing (LCR) – with the aim of increasing competition and reducing the cost of accepting card payments.
https://www.rba.gov.au/publications/bulletin/2024/apr/the-effect-of-least-cost-routing-on-merchant-payment-costs.html
The Availability of Business Finance
7 Dec 2017
Bulletin
– December 2017
Access to business finance has improved markedly since the global financial crisis, and debt-servicing costs are near historic lows. Nevertheless, small businesses continue to face challenges accessing finance. This article looks at the sources and
https://www.rba.gov.au/publications/bulletin/2017/dec/7.html
Cash Demand during COVID-19
18 Mar 2021
Bulletin
– March 2021
Since the onset of the COVID-19 pandemic, the value of banknotes in circulation has risen sharply.
https://www.rba.gov.au/publications/bulletin/2021/mar/cash-demand-during-covid-19.html
Semi-Annual Statement on Monetary Policy
10 May 2000
Bulletin
– May 2000
This is, in turn, boosting household incomes and, together with the strong growth in household credit and high level of household wealth, should continue to provide support for consumer spending. ... To date, households have continued to expand their
https://www.rba.gov.au/publications/bulletin/2000/may/1.html