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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Statistical Tables
10 May 2024
Statistics
International Banking Statistics – Banks & RFCs. Payments System. Money and Credit Statistics.
https://www.rba.gov.au/statistics/tables/
Changes to Statistical Tables
10 May 2024
Statistics
This includes average fees by card scheme, separate estimates for transactions using domestic and international cards, and for device-present/device-not-present transactions. ... The value of credit and charge card repayments has been revised between
https://www.rba.gov.au/statistics/tables/changes-to-tables.html
Reserve Bank of Australia
10 May 2024
We are Australia's central bank. We conduct monetary policy, work to maintain a strong financial system and issue the nation's currency.
https://www.rba.gov.au/
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit Cards as Payment Instruments
8 May 2024
Submissions
The Bank's 2013 Consumer Use Survey shows that higher-income households use credit cards much more frequently for transactions compared with debit cards; conversely, debit card use is more common ... In the early 2000s, the Reserve Bank became concerned
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-as-payment-instruments.html
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit cards as sources of credit
8 May 2024
Submissions
The decreased share of credit card debt may partly reflect the high cost of credit cards relative to mortgage interest rates and the increasing ability of households to use mortgage offset ... The Bank publishes data on average advertised credit card
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-source-of-credit.html
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-The Credit Card Market
8 May 2024
Submissions
Interchange revenues from transactions on MasterCard and Visa credit cards (and issuer fees from American Express ‘companion’ card transactions): based on incomplete data, the Bank estimates these at around $1–1 ... While almost all Australian
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/the-credit-card-market.html
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Introduction
8 May 2024
Submissions
The major points include:. There are a wide range of card products and issuers in the Australian credit card market, and while ‘standard’ interest rates on credit cards tend to be ... cards still provide an incentive for credit card use for many
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/introduction.html
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-References
8 May 2024
Submissions
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates. ... RBA and ACCC (2000), Debit and Credit Card Schemes in Australia: A Study of Interchange Fees and Access, October.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/references.html
Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions
8 May 2024
Submissions
cards. Thus, at least three quarters of consumers (EFTPOS users plus credit card users who performed no EFTPOS transactions) are likely to have a positive valuation on EFTPOS. ... Conclusion on the social cost of payment systems. Table 4 summarises the
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html
Submissions
8 May 2024
Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/